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 company with many transactions, we get a discounted rate. Initially, it was challenging because few of our processes were ready for automation. But as we stabilized, documented, and automated processes, the value increased significantly. We've reached a break-even point after two years, and it's much better now in terms of value for money.
Senior Manager at a financial services firm with 10,001+ employees
Real User
Oct 4, 2023
The pricing depends on how much the usage is. So, it is not a fixed cost. It is dependent on the agreement you make with this solution. So it is totally dependent on the use case of your organization and, with respect to those resources, how much budget we are allocated. So, defining it as a bit cheaper or expensive will not justify the price impact process. For me, it is worth the money.
To an extent, there is a definite cost involved in terms of setting up the right infrastructure and the licensing model. This needs a good discussion on the licensing and pricing model, which can be worked out for the larger benefit of the enterprise. The licensing was purely based on the number of transactions being processed in production.
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Redwood Software - Finance Automation Edition streamlines finance operations with automation capabilities designed to enhance efficiency and accuracy in financial processes.Redwood Software - Finance Automation Edition addresses the diverse needs of finance departments, automating manual tasks, reducing errors, and improving data accuracy. By integrating seamlessly with existing systems, it ensures that financial operations run smoothly, saving valuable time and resources. It caters to the...
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 company with many transactions, we get a discounted rate. Initially, it was challenging because few of our processes were ready for automation. But as we stabilized, documented, and automated processes, the value increased significantly. We've reached a break-even point after two years, and it's much better now in terms of value for money.
The pricing depends on how much the usage is. So, it is not a fixed cost. It is dependent on the agreement you make with this solution. So it is totally dependent on the use case of your organization and, with respect to those resources, how much budget we are allocated. So, defining it as a bit cheaper or expensive will not justify the price impact process. For me, it is worth the money.
To an extent, there is a definite cost involved in terms of setting up the right infrastructure and the licensing model. This needs a good discussion on the licensing and pricing model, which can be worked out for the larger benefit of the enterprise. The licensing was purely based on the number of transactions being processed in production.