Edgeverve AssistEdge Cloud RPA vs Redwood Software - Finance Automation Edition comparison

Infosys and Redwood Software are both solutions in the Robotic Process Automation (RPA) category. Infosys is ranked #45, while Redwood Software is ranked #28. Infosys holds a 0.8% mindshare in RPA, compared to Redwood Software’s 1.6% mindshare. Additionally, 80% of Redwood Software users are willing to recommend the solution.

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Executive Summary

We performed a comparison between Edgeverve AssistEdge Cloud RPA and Redwood Software - Finance Automation Edition based on real PeerSpot user reviews.

Find out what your peers are saying about UiPath, Automation Anywhere, Microsoft and others in Robotic Process Automation (RPA).

To learn more, read our detailed Robotic Process Automation (RPA) Report (Updated: July 2026).

Buyer's Guide

Robotic Process Automation (RPA)

July 2026

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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

Automation Anywhere

Mindshare comparison

As of August 2026, in the Robotic Process Automation (RPA) category, the mindshare of Automation Anywhere is 5.4%, down from 9.4% compared to the previous year. The mindshare of Edgeverve AssistEdge Cloud RPA is 0.8%, up from 0.3% compared to the previous year. The mindshare of Redwood Software - Finance Automation Edition is 1.6%, up from 0.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Robotic Process Automation (RPA) Mindshare Distribution
Product	Mindshare (%)
Automation Anywhere	5.4%
Redwood Software - Finance Automation Edition	1.6%
Edgeverve AssistEdge Cloud RPA	0.8%
Other	92.2%

Robotic Process Automation (RPA)

Featured Reviews

Venkat Sivaprakash

Management Consultant at Accenture

Has significantly improved document-driven workflows and reduced processing time across finance and HR functions

Automation Anywhere has evolved significantly and upgraded itself to provide agentic AI and AI-based automation solutions for document automation. The product has matured considerably over time. We can create workflows that can call an API. We can include prompts in particular workflows for ChatGPT-related functions, connecting to an LLM and RAG to perform tasks. For document automation, modern features are available to train documents, ensuring high accuracy and repeatability over time. The system is very easy to use. I recently completed a course in document automation, typically designed for people involved in coding and technical aspects. Though I understand coding comprehensively, I don't do actual coding. The course was very accessible. Currently, extensive coding isn't necessary due to the hybrid model incorporating GenAI aspects, low-code, no-code capabilities, APIs, and numerous pre-built objects in Automation Anywhere. The features include GenAI-driven prompting methods and workflow creation capabilities. In these workflows, we can create decision boxes and call APIs without coding. We simply pull objects, drop them, connect them, and add minimal coding when needed. The most crucial aspect isn't coding but rather sizing the automation and fleshing out the details. Automation Co-pilot takes notes and performs automated analysis. It can extract details from videos, summarize conversations, and provide detailed information. During calls, it identifies instructions and performs tasks such as preparing reports and reconciliation. Automation Anywhere can also connect with Microsoft Co-pilot. Through Co-pilot, real-time operations can be executed, allowing direct interaction between vendors and automation through this component.

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reviewer1412862

Senior Director at a tech services company with 51-200 employees

Stable with good cross-integration between modules, but the training needs to be improved

We mainly use UiPath as our RPA platform. I have looked at several other solutions that include the bigger ones, Blue Prism, and Automation Anywhere. We have experience in developing bots in all three of these. It is difficult to move from UiPath to EdgeVerve when UiPath is so good at getting people in the door. They've got a great ecosystem and a great training model. Every other system is more challenging to use. To get an EdgeVerve license, for example, you need to have an NDA in place to use it. Blue Prism is even worse, although, with them, you just have to pay more money. By not democratizing the software and the way to utilize it, smaller companies like EdgeVerve and even Blue Prism, to a certain extent, have suffered in terms of growth. The three leaders at the top do a pretty good job. Outside of workflow, they do a pretty good job, and that's why the customers buy, so you have to be strong on those. As far as the tools are concerned, RPA is RPA, and everybody generally does it in the same way. What is probably going to start distinguishing between products is the use of AI. When AI really overtakes the selectors for RDA, robotic desktop automation, when you have to really rely on the backdrop of the DOM to get at the element, the use of AI and more efficient on-prem AI solutions is going to really make that a better experience. The on-premises distinction is important because there's latency when you hit the cloud. Ultimately, to me, the toolsets are all the same. Drag and drop, the ability to create custom activities in terms of creating your libraries, and that kind of thing, they're all there. This past year has been ridiculous in terms of how all of the tools have progressed. What they were a year ago versus what they are today, is a considerable and significant difference. For example, I have totally redesigned my solutions and architectures over the past year.

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Ram Chenna

Enterprise Architect at a consultancy with 10,001+ employees

Single bot now replaces five associates who previously handled finance processes and eliminates manual errors

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 postings, I would like to leverage a generative AI model. This would allow me to type a query or question directly to the bot, and it would retrieve the information I need. For example, I could ask for the number of invoices, the status of specific invoices, or any other relevant data. Currently, we achieve this by building our own Finance model. So, integrating a pre-built finance model with the tool would be much easier and more efficient for reporting purposes. We're looking at several potential uses for this AI model. It could empower various user groups, including regular finance executives, customers, and even vendors to submit queries. Additionally, our leadership team is interested in using the AI model to generate reports directly on the Redwood dashboard. This functionality could potentially replace the need for BSpoke Solutions and the manual generation of BSpoke reports, streamlining the entire reporting process.

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Quotes from Members

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

Pros

"AA has helped to automate a complex Audit process, saving auditors from doing the mundane manual task of logging into multiple applications independently while the bot securely manages credentials, collects screenshots, builds PDFs, and reports results."

"My company uses AA extensively for internal BPO work as well as we refer and deploy it to the customer as a RPaaS model, helping increase productivity, reduce overall operational costs, and deliver fewer errors while proving to be a reliable workhorse during the COVID situation."

"The AI collaboration is the most impressive feature of Automation Anywhere."

"We have automated over 2000 man-hours."

"In 2018, we looked at some other products on the market, but Automation Anywhere was a perfect fit. We didn't have any issues that Automation Anywhere couldn't solve. The critical factor for us was its ease of use. We liked the drag-and-drop interface and the low-code capabilities."

"Using automation, these processes are completed in between one and two hours, using one robot, and with these savings in time, the staff can do more in other areas, improving productivity and creativity while reducing the need for overtime and positively impacting the company overall."

"Automation Anywhere helped us to reduce the work time on data operations."

"The recorder capture tools, specifically the AISense Recorder and Universal Recorder, are valuable. We use these tools in almost every automation. These tools are very effective in capturing data from various applications. We can get data from a web page or an application."

More Automation Anywhere pros

"EdgeVerve is a bit like Appian, where they have full suites that have a great deal of functionality."

"I would say that the cross-integration between different modules, such as between the OCR, RPA, and ML, is the most valuable feature."

"Unlike other automation tools, Redwood has a unique space in finance automation, where standard SAP modules are used for automating every step in the process, quickly and easily."

"So the best thing is ease of use."

"The out-of-the-box finance modules within the Redwood Finance framework help to speed up the process, versus designing and writing generic BOT code."

"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 really good feature. This eliminates the need for extra coding or report generation. The audit report is readily available within the tool itself."

Cons

"We've had some technical difficulties connecting, but that's more on our environment and how we have the machines and everything set up. It's not specific to Automation Anywhere. However, it's pricier than some of the other tools."

"The biggest challenge in attended automation, every time the agent has to log in to the control room and execute bot for most of the agents this is a time-consuming activity plus they are not tech-savvy."

"We tried Citrix six months ago, but the solution that they gave us did not work in our environment."

"When I change the name of a variable in the Variable Manager, I would really like it to change in the code."

"I would like to see a lot around API integration going forward, like the ability for other systems to talk to the AI better by opening it up. I would like to see more chatbots or anything in the journey of making it truly immersive for human workers working with these bots."

"IQ Bot is pretty good, but we can only run a maximum 150 documents."

"The vendor should increase the training and other engagements with users before they acquire the platform, as this will simplify its usage further and ensure that there no hindrances in using the platform."

"In my opinion, there are always areas for improvement in Automation Anywhere, and they are continuously working on enhancements."

More Automation Anywhere cons

"Better training and better accessibility of the tools are the things that need to be improved."

"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."

"Mapping the process steps to an existing R2R process quickly would be a definite step forward."

"This is where the real challenge is, having a licensing cost that needs to be compared with the existing manual operational cost and coming up with a competitive licensing and pricing model."

"would like to see AI integration for automation in future releases. Post-automation, I envision a generative AI model. If I could ask the bot questions like the number of invoices or their current status, it should be able to provide answers directly."

Pricing and Cost Advice

"Pricing is affordable and I would recommend beginning with the Starter Package."

"The pricing and licensing of Automation Anywhere plays an important rule in the Indian market because in the Indian market $10,000 USD is too much. Hence, the pricing tends to go down depending on the customer relationship with the partner: A starter pack is $10,000 and an enterprise pack is $100,000. If you go through an implementation partner, you can get good deals. They can save some money."

"Initially, they charged a premium, but now the rest of the vendors have increased their overall pricing and Automation Anywhere is not that high at this time. It's pretty viable."

"It costs up to $1,200 per license."

"When you compare the cost of Automation Anywhere with UiPath and Blue Prism, those others are much less. Licensing-wise, UiPath wins the deal."

"In most of the cases, the product value is very good. If the infrastructure, implementation, and framework are good, then generally, the client can get a good return on investment."

"Our company is investing a lot of money in Automation Anywhere. They have saved money wherever humans are working. They invest a lot of money in FTEs and other logistics, so the money saving is very pretty good with Automation Anywhere. While I don't know the exact figure, the tool is saving us millions of dollars as well as saving about 40,000 hours in the last year."

"They recently launched a Community Edition, which is okay, but they should have done this a long time ago."

More Automation Anywhere pricing and cost advice

Information not available

"The licensing was purely based on the number of transactions being processed in production."

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Top Industries

By visitors reading reviews

Financial Services Firm

14%

Construction Company

11%

Manufacturing Company

11%

Outsourcing Company

10%

No data available

Manufacturing Company

16%

Construction Company

11%

Outsourcing Company

10%

Performing Arts

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	157
Midsize Enterprise	81
Large Enterprise	558

No data available

Questions from the Community

How good is Automation Anywhere for RPA processes?

It depends on your use case. Is it simply to automate a couple of processes? Is it to augment a human team? AA is ver...

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How good is Automation Anywhere for RPA processes?

From my experience using AA tool, it depends on the applications that you want to automate, because there some applic...

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How good is Automation Anywhere for RPA processes?

It is a highly preferred RPA tool. You can check my Automation Anywhere Review to know more.

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Comparisons

UiPath Platform vs Automation Anywhere

Compared 12% of the time

Microsoft Power Automate vs Automation Anywhere

Compared 9% of the time

Blue Prism vs Automation Anywhere

Compared 6% of the time

AutomationEdge vs Automation Anywhere

Compared 2% of the time

WorkFusion vs Automation Anywhere

Compared 2% of the time

More Automation Anywhere Competitors

UiPath Platform vs Edgeverve AssistEdge Cloud RPA

Compared 14% of the time

Microsoft Power Automate vs Edgeverve AssistEdge Cloud RPA

Compared 13% of the time

Automai RPA vs Edgeverve AssistEdge Cloud RPA

Compared 11% of the time

BotFarm vs Edgeverve AssistEdge Cloud RPA

Compared 10% of the time

Software AG ARIS Robotic Process Automation vs Edgeverve AssistEdge Cloud RPA

Compared 4% of the time

More Edgeverve AssistEdge Cloud RPA Competitors

UiPath Platform vs Redwood Software - Finance Automation Edition

Compared 14% of the time

WorkFusion vs Redwood Software - Finance Automation Edition

Compared 8% of the time

Blue Prism vs Redwood Software - Finance Automation Edition

Compared 7% of the time

BlackLine vs Redwood Software - Finance Automation Edition

Compared 4% of the time

Datamatics TruBot vs Redwood Software - Finance Automation Edition

Compared 3% of the time

More Redwood Software - Finance Automation Edition Competitors

Product Reports

Buyer's Guide

Automation Anywhere

August 2026

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Buyer's Guide

Robotic Process Automation (RPA)

July 2026

Download Edgeverve AssistEdge Cloud RPA product report

Buyer's Guide

Redwood Software - Finance Automation Edition

July 2026

Redwood Software - Finance Automation Edition report

Download Redwood Software - Finance Automation Edition product report

Also Known As

Automation Anywhere, Testing Anywhere, Automation Anywhere Enterprise, Agentic Process Automation System (Now Certified for WorkSpaces)

No data available

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

Interactive Demo

Automation Anywhere

Demo not available

Infosys

Demo not available

Redwood Software

Overview

Automation Anywhere offers ease of use, robust system connectivity, and GenAI-driven document automation through a cloud-native platform, significantly enhancing productivity across multiple industries with advanced AI features.

Delivering a comprehensive suite of tools designed for easy integration and rapid deployment, Automation Anywhere drives efficiency by reducing costs and automating repetitive tasks. Its cloud-native platform supports broad industry adoption, including advanced AI features like process automation and Co-Pilot, streamlining complex workflows with minimal technical skills required. Users benefit from robust integration capabilities, which facilitate seamless interaction with multiple systems. However, there is room for improvement in areas such as user-friendliness for beginners, stability, flexible licensing, and enhanced OCR functionality. Organizations in sectors such as banking, finance, manufacturing, and healthcare gain from the improved operational efficiency and ROI Automation Anywhere offers.

What are the important features of Automation Anywhere?

Ease of Use: Simplifies automation tasks with a user-centric interface.
Robust Connectivity: Provides seamless integration with multiple systems.
GenAI-Driven Document Automation: Leverages AI to automate document management.
Process Automation & Co-Pilot: Enhances workflow automation with advanced AI.
Cloud-Native Platform: Enables rapid deployment and integration.

What benefits should be evaluated in reviews?

Time Savings: Automation drastically reduces manual processing time.
Cost Efficiency: Decreases overall operational costs by automating tasks.
Productivity Enhancement: Streamlines workflows with AI-driven tools.
Improved Integration: Enhances ability to work with multiple systems.
Scalability: Supports growth with a flexible cloud-native architecture.

In the insurance industry, Automation Anywhere is utilized for automating processes such as enrollment management and compliance checks. Its applications extend to supply chain management, financial transactions, and business performance monitoring across sectors like banking, finance, manufacturing, and healthcare, helping organizations to automate routine tasks, improve efficiency, and reduce costs.

Automation Anywhere

Edgeverve AssistEdge Cloud RPA is designed to streamline business processes by automating repetitive tasks. It's a powerful tool that enhances efficiency and productivity across various sectors.

Edgeverve AssistEdge Cloud RPA stands out for its robust automation capabilities, offering flexibility and scalability to meet diverse business demands. It efficiently automates workflows, reducing manual intervention, and enhancing operational efficiency, fostering a seamless integration with existing IT infrastructures.

What are the key features of Edgeverve AssistEdge Cloud RPA?

Cloud Deployment: Enables easy scaling and access, minimizing infrastructure costs.
Analytics Dashboard: Provides real-time insights for performance monitoring and decision making.
Security: Offers robust data protection with advanced encryption protocols.
AI Integration: Enhances automation capabilities through artificial intelligence.
Drag-and-Drop Interface: Simplifies process creation and modification without technical expertise.

What benefits and ROI should be evaluated in reviews?

Cost Efficiency: Significant reduction in operational costs through process automation.
Time Savings: Reduces time spent on repetitive tasks, allowing focus on strategic activities.
Scalability: Easily adapts to changing business needs without additional investment.
Improved Accuracy: Minimizes human error, ensuring consistent and reliable outputs.
Increased Productivity: Frees up resources for more critical tasks, leading to enhanced productivity.

Edgeverve AssistEdge Cloud RPA has found applications in industries such as finance, healthcare, and retail. In finance, it automates transaction processing, facilitating faster and more accurate services. Healthcare organizations use it for patient data management, increasing data accuracy and security. Retailers benefit from automating inventory and order processing, improving supply chain efficiency. Its flexibility and scalability make it a viable solution across different sectors.

Infosys

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 complex requirements of financial management, making it a trusted choice for companies worldwide seeking to optimize their financial automation strategies.

What are the key features of Redwood Software - Finance Automation Edition?

Automated Financial Close: Streamlines the financial close process, reducing time and effort.
Real-time Reporting: Provides up-to-date financial reports for better decision-making.
Integration Capabilities: Easily integrates with existing financial systems to enhance functionality.
Compliance Management: Ensures adherence to regulatory standards with automated checks.

What benefits and ROI can users expect?

Cost Efficiency: Reduces costs associated with manual processing.
Time Savings: Frees up staff to focus on strategic tasks by automating routine processes.
Error Reduction: Minimizes errors in financial data with automated checks.
Enhanced Compliance: Supports compliance with automated regulatory updates and monitoring.

In industries such as banking, insurance, and manufacturing, Redwood Software - Finance Automation Edition is implemented to handle complex financial tasks efficiently. Banking institutions use it to optimize regulatory reporting, while insurance companies benefit from automated reconciliation processes. In manufacturing, it aids in streamlining financial operations, ensuring precision and reliability in cost management.

Redwood Software

Sample Customers

Google, Linkedin, Cisco, Juniper Networks, DellEMC, Comcast, Mastercard, Quest Diagnostics

Information Not Available

ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,

Buyer's Guide

Robotic Process Automation (RPA)

July 2026

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Find out what your peers are saying about UiPath, Automation Anywhere, Microsoft and others in Robotic Process Automation (RPA). Updated: July 2026.

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