EdgeVerve AssistEdge 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 #26 with an average rating of 7.0, while Redwood Software is ranked #29. Infosys holds a 1.1% mindshare in RPA, compared to Redwood Software’s 1.5% mindshare. Additionally, 66% of Infosys users are willing to recommend the solution, compared to 80% of Redwood Software users who would recommend it.

EdgeVerve AssistEdge RPA

Read 6 EdgeVerve AssistEdge RPA reviews

1,275 Views
1,186 Comparison Views

66% willing to recommend

Redwood Software - Finance ...

Read 3 Redwood Software - Finance Automation Edition reviews

1,697 Views
1,273 Comparison Views

80% willing to recommend

EdgeVerve AssistEdge RPA

Redwood Software - Finance ...

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Executive SummaryUpdated on Dec 4, 2024

EdgeVerve AssistEdge RPA and Redwood Software Finance Automation Edition are competitors in the business process automation space. EdgeVerve is favored for its pricing and broad support, while Redwood stands out for its advanced features, making it a valuable investment.

Features: EdgeVerve AssistEdge RPA provides adaptive automation, cognitive abilities, and enterprise-grade security. Redwood Software Finance Automation Edition specializes in financial process automation, focuses on enhanced integration with existing financial systems, and delivers finance-specific solutions.

Ease of Deployment and Customer Service: Redwood Software Finance Automation Edition features a streamlined deployment process and financial automation support, beneficial for financial departments due to swift implementation. EdgeVerve AssistEdge RPA's deployment is more comprehensive but takes longer because of wider capabilities, backed by a robust support network.

Pricing and ROI: EdgeVerve AssistEdge RPA offers competitive setup costs, appealing for broad application, ensuring ROI across various functions. Redwood Software Finance Automation Edition involves a higher initial investment but promises noteworthy ROI in finance operations due to specialized features.

To learn more, read our detailed EdgeVerve AssistEdge RPA vs. Redwood Software - Finance Automation Edition Report (Updated: April 2026).

Buyer's Guide

EdgeVerve AssistEdge RPA vs. Redwood Software - Finance Automation Edition

April 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

EdgeVerve AssistEdge RPA

Ranking in Robotic Process Automation (RPA)

26th

Average Rating

6.8

Reviews Sentiment

5.2

Number of Reviews

Ranking in other categories

No ranking in other categories

Redwood Software - Finance ...

Ranking in Robotic Process Automation (RPA)

29th

Average Rating

9.0

Reviews Sentiment

7.5

Number of Reviews

Ranking in other categories

Financial Close Software (15th)

Mindshare comparison

As of May 2026, in the Robotic Process Automation (RPA) category, the mindshare of EdgeVerve AssistEdge RPA is 1.1%, up from 0.8% compared to the previous year. The mindshare of Redwood Software - Finance Automation Edition is 1.5%, up from 0.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Robotic Process Automation (RPA) Mindshare Distribution
Product	Mindshare (%)
EdgeVerve AssistEdge RPA	1.1%
Redwood Software - Finance Automation Edition	1.5%
Other	97.4%

Robotic Process Automation (RPA)

Featured Reviews

reviewer2728704

Corporate Development Specialist at a tech vendor with 10,001+ employees

Offers a user-friendly interface but lacks enterprise-level features

EdgeVerve AssistEdge RPA is not difficult to deploy and the process was fine. Concerning deployment time, it usually takes one or two days. It totally depends upon the number of use cases and the processes where we are implementing. It might take weeks as well, depending upon the process in which we are implementing.

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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

"The feature I like the most is the ability to capture elements easily, especially when automating web-based applications. Additionally, I find the SAP connectors to be quite beneficial."

"EdgeVerve AssistEdge RPA is more affordable than UiPath."

"Good email automation and XL automation."

"The tool follows a role-based working model to create things. It helps to track what others are doing with the system."

"The features of EdgeVerve AssistEdge RPA that customers find most helpful include the easy understanding and good UI/UX."

"AssistEdge made it so that the reps didn't need to maneuver through 10 or 20 different systems. We tied all that together in the background, so the reps had a shared UI, and everything else happened in the background without their knowledge. When they were retrieving data, it was done in the background through automation and pulling up to that generic UI layer"

"There are some typical features I like such as email automation, XL automation, some AI/ML capabilities that are evolving, but are not quite mature yet, and I like the website automation."

"The user interface is not complicated, even for new users. Two to three weeks is enough to get ahold of it."

"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."

"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."

"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."

"So the best thing is ease of use."

Cons

"AssistEdge isn't a simple tool like Blue Prism or other RPA solutions with configurable items that you can drag and drop. This involved a lot of hard coding, which posed two challenges. One, we did not have that skillset, so we depended on Infosys. Two, it's a beast to go back and update or make changes when things are hard coded because you can't just move those configurable items back around."

"There should be more activities like extraction for reading or converting PDFs. There are fewer activities compared to other tools. There are no custom activities."

"In my opinion, areas for improvement in this solution lie in handling documentation, especially when dealing with data from various layouts or formats like scanned PDFs. Currently, new features are emerging in other tools, like generative AI, that could enhance these aspects."

"We provide them with consulting and strategy advisory services, but we have never recommended any organization to use EdgeVerve AssistEdge RPA."

"The solution could be improved if it provided integration with third party tools like Python, native integration, which is very important."

"Lacks integration with third party tools."

"We provide them with consulting and strategy advisory services, but we have never recommended any organization to use EdgeVerve AssistEdge RPA."

"The tool's alternatives work on drag-and-drop functionality without creating custom code. We don't have an in-built queue system and use RabbitMQ for it. The solution also doesn't have a framework."

"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."

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

"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."

"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."

Pricing and Cost Advice

"EdgeVerve AssistEdge RPA is cheaper compared to other RPA tools."

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

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Top Industries

By visitors reading reviews

Educational Organization

15%

Construction Company

11%

Manufacturing Company

10%

Computer Software Company

Manufacturing Company

18%

Performing Arts

10%

Construction Company

University

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about EdgeVerve AssistEdge RPA?

The feature I like the most is the ability to capture elements easily, especially when automating web-based applications. Additionally, I find the SAP connectors to be quite beneficial.

See all answers

What needs improvement with EdgeVerve AssistEdge RPA?

In terms of improvements for EdgeVerve AssistEdge RPA, there is nothing specific that could be identified as needing improvement at this time.

See all answers

What is your primary use case for EdgeVerve AssistEdge RPA?

The main use cases for EdgeVerve AssistEdge RPA are quite diverse; it can be used within finance, banking, supply chain, insurance, healthcare, and retail. These are the prominent industries where ...

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Comparisons

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WorkFusion vs EdgeVerve AssistEdge RPA

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Compared 10% of the time

Fortra's Automate vs Redwood Software - Finance Automation Edition

Compared 7% of the time

Blue Prism vs Redwood Software - Finance Automation Edition

Compared 7% of the time

SAP Intelligent RPA vs Redwood Software - Finance Automation Edition

Compared 6% of the time

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Compared 5% of the time

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Product Reports

Buyer's Guide

Robotic Process Automation (RPA)

April 2026

Download EdgeVerve AssistEdge RPA product report

Buyer's Guide

Redwood Software - Finance Automation Edition

April 2026

Redwood Software - Finance Automation Edition report

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Also Known As

AssistEdge RPA

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

Overview

EdgeVerve AssistEdge RPA offers robust automation capabilities with AI/ML enhancements, seamless legacy integration, and user-friendly elements, effectively supporting industries like finance and healthcare.

EdgeVerve AssistEdge RPA is known for its versatility in automating processes across sectors like finance, banking, and healthcare. With email, XL automation, and evolving AI capabilities, it integrates seamlessly with systems and features role-based models, web application element capture, and SAP connectors. Despite needing improvements in third-party integration, AI, and support, it remains accessible due to its adaptive UI, though scalability and documentation handling require attention. Complex automation can be challenging, leading users to often need custom packages beyond predefined activities.

What are the key features of EdgeVerve AssistEdge RPA?

Email and XL automation: Streamlines document processing tasks.
AI/ML capabilities: Supports evolving industry needs with advanced intelligence.
Web automation: Facilitates internet-based task automation efficiently.
Legacy system integration: Ensures smooth operations with existing infrastructure.
Role-based working model: Supports diverse team dynamics and accountability.
Easy element capture for web: Simplifies web automation tasks with point-and-click efficiency.
SAP connectors: Enhances SAP ecosystem automation capabilities.

What benefits or ROI should users look for in reviews?

Ease of use: Empowers teams to adapt quickly with minimal training.
Adaptability: Supports diverse requirements with flexible capabilities.
Database integration: Facilitates seamless data management and processing.
Uncomplicated UI/UX: Ensures a smooth user experience for quick onboarding.

EdgeVerve AssistEdge RPA is extensively implemented in industries like finance and healthcare for automating business processes such as payments and data comparison. It supports custom UI development for contact centers and enhances efficiency in areas like supply chain and retail through web scraping and automation, addressing unique industry needs efficiently.

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

OpenReach Service, Ricoh Americas Corporation, Event Hospitality & Entertainment

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

Buyer's Guide

EdgeVerve AssistEdge RPA vs. Redwood Software - Finance Automation Edition

April 2026

Free Report: EdgeVerve AssistEdge RPA vs. Redwood Software - Finance Automation Edition

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