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Redwood Software - Finance Automation Edition vs SAP Business Planning and Consolidation comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Redwood Software - Finance ...
Ranking in Financial Close Software
8th
Average Rating
9.0
Reviews Sentiment
7.5
Number of Reviews
3
Ranking in other categories
Robotic Process Automation (RPA) (13th)
SAP Business Planning and C...
Ranking in Financial Close Software
11th
Average Rating
7.0
Number of Reviews
1
Ranking in other categories
Financial Performance and Strategy Management (5th)
 

Mindshare comparison

As of June 2025, in the Financial Close Software category, the mindshare of Redwood Software - Finance Automation Edition is 2.3%, up from 1.8% compared to the previous year. The mindshare of SAP Business Planning and Consolidation is 6.1%, down from 10.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Financial Close Software
 

Featured Reviews

Amarjeet Kamble - PeerSpot reviewer
User-friendly and enables automation in finance, HR, and SDM
There is room for improvement, considering no tools having everything inside it is right. So the room for balancing improvement lies in automation enhancement with respect to the feature areas, considering dealing directly with Excel and reviewing it to do some additional stuff for it in the end system so that reading the right thing, picking up the values, and everything. Right now, you can do it with a little bit of custom scripting in addition to eight. But rather than custom scripting, if we can have a direct feature integrated inside this tool, it will be a major achievement. So, it already has that capability, as you can do custom scripting, and you can go ahead with creating your own. But the direct functions are not available. That's where we are lagging behind. However, importing the values or importing the service can be achieved. So, that is where I can see the room for improvement. In this particular area, the entire system can be improved.
it_user90087 - PeerSpot reviewer
​​It's a robust solution with no issues​. In my view, it is necessary to introduce another way to create reports apart from MS Excel.
There are no tutorials or wizards inside the tool, and I think they would be very useful sometimes. Having said that, I suspect that it is one of the SAP's strategies, because they get a lot of money from SAP training and don't want people learning who to work with their products on their own. There is another thing as well which could be improved. In my view, it is necessary to introduce another way to create reports apart from MS Excel, and it must be a way that can be exploited through mobile devices as well.
report
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855,080 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Financial Services Firm
19%
Computer Software Company
12%
Manufacturing Company
11%
Recreational Facilities/Services Company
5%
Computer Software Company
12%
Energy/Utilities Company
11%
Manufacturing Company
10%
Healthcare Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Questions from the Community

What do you like most about Redwood Business Process Automation - Finance Edition?
Redwood has a great feature where it logs every transaction. So, at any point, we can see every step taken for each transaction. It creates an audit trail of the entire process execution. It is a r...
What is your experience regarding pricing and costs for Redwood Business Process Automation - Finance Edition?
The pricing is very client-specific. It's not a one-size-fits-all price. They don't have a single price for everyone. It's based on the client and the number of transactions. As Vodafone, a large c...
What needs improvement with Redwood Business Process Automation - Finance Edition?
Everything seems to be working well. However, I see value in integrating AI for automation. So, I would like to see AI integration for automation in future releases. Ideally, after I perform postin...
Ask a question
Earn 20 points
 

Also Known As

Redwood Business Process Automation - Finance Edition, Redwood Robotics, Redwood Finance Automation
SAP BPC
 

Overview

 

Sample Customers

ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
Medtronic, Cirque du Soleil, Antarc, B&G Manufacturing, EarlySense, eBay, Ferrero, James Austin Company, Lenovo, Sagem, RAK Ceramics, Vodafone
Find out what your peers are saying about Blackline, Sage, Workiva and others in Financial Close Software. Updated: May 2025.
855,080 professionals have used our research since 2012.