Pega Robotic Process Automation vs Redwood Software - Finance Automation Edition comparison

Pega and Redwood Software are both solutions in the Robotic Process Automation (RPA) category. Pega is ranked #19 with an average rating of 6.7, while Redwood Software is ranked #13 with an average rating of 8.0. Pega holds a 3.0% mindshare in RPA, compared to Redwood Software’s 1.2% mindshare. Additionally, 87% of Pega users are willing to recommend the solution, compared to 80% of Redwood Software users who would recommend it.

Pega Robotic Process Automa...

Read 25 Pega Robotic Process Automation reviews

2,144 Views
1,951 Comparison Views

87% willing to recommend

Redwood Software - Finance ...

Read 3 Redwood Software - Finance Automation Edition reviews

919 Views
662 Comparison Views

80% willing to recommend

Pega Robotic Process Automa...

Redwood Software - Finance ...

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Executive SummaryUpdated on Dec 4, 2024

Pega Robotic Process Automation and Redwood Software - Finance Automation Edition compete in business automation, offering specialized solutions for different automation needs. Pega has an advantage with user satisfaction due to competitive pricing and robust support, whereas Redwood attracts businesses needing advanced finance functionalities despite higher costs.

Features: Pega Robotic Process Automation showcases adaptability in diverse scenarios, seamless integration capabilities, and versatile automation tasks. Redwood Software - Finance Automation Edition focuses on finance-oriented functions, extensive fiscal features, and streamlining financial operations and compliance.

Ease of Deployment and Customer Service: Pega offers straightforward deployment with comprehensive support services, featuring out-of-the-box solutions that reduce implementation time. Redwood Software provides a tailored deployment experience with a focus on finance, requiring more customization, impacting deployment speed and complexity.

Pricing and ROI: Pega Robotic Process Automation is noted for competitive pricing and favorable ROI, due to flexible pricing structures and scalable solutions for various business sizes. Redwood Software is positioned at a higher price point but offers finance-focused functionalities, extending the ROI period compared to Pega, due to initial costs.

To learn more, read our detailed Pega Robotic Process Automation vs. Redwood Software - Finance Automation Edition Report (Updated: December 2025).

Buyer's Guide

Pega Robotic Process Automation vs. Redwood Software - Finance Automation Edition

December 2025

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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

Pega Robotic Process Automa...

Ranking in Robotic Process Automation (RPA)

19th

Average Rating

7.4

Reviews Sentiment

6.5

Number of Reviews

Ranking in other categories

No ranking in other categories

Redwood Software - Finance ...

Ranking in Robotic Process Automation (RPA)

13th

Average Rating

9.0

Reviews Sentiment

7.5

Number of Reviews

Ranking in other categories

Financial Close Software (10th)

Mindshare comparison

As of January 2026, in the Robotic Process Automation (RPA) category, the mindshare of Pega Robotic Process Automation is 3.0%, up from 2.7% compared to the previous year. The mindshare of Redwood Software - Finance Automation Edition is 1.2%, up from 0.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Robotic Process Automation (RPA) Market Share Distribution
Product	Market Share (%)
Redwood Software - Finance Automation Edition	1.2%
Pega Robotic Process Automation	3.0%
Other	95.8%

Robotic Process Automation (RPA)

Featured Reviews

reviewer1458102

Regional Director at a tech vendor with 10,001+ employees

Has raised concerns due to outdated framework and high ownership costs

Pega Robotic Process Automation is a temporary solution to a bigger issue, and the cost of implementation especially with Pega really stops customers from proceeding. The total cost of ownership could be improved. From a technical perspective, the product performs adequately. The installation can be quite complex as it's not standalone, and customers need to get the whole Pega platform up and running. The total cost of ownership is not very attractive. RPA as a concept is outdated now, with agentic AI becoming more prominent. We don't see much interest from customers in going down the RPA route; Pega Robotic Process Automation is losing its prominence in the market.

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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

"If you want to make any kind of base automation, you can easily code exactly what you want."

"It is really flexible in what it can do."

"The initial setup is pretty easy and quite fast."

"Pega is also broadening its landscape by building on top of PRPC (CRM, EPC, etc.), and with a cloud offering available, it is a genuine contender to compete with Salesforce."

"In terms of measuring efficiency gains from automating routine compliance tasks in financial services with Pega Robotic Process Automation, automation consistently yields a 25 to 30% efficiency increase."

"They are leaders in the same industry."

"The tech support is highly available and there is plenty of online training available."

"The feature I like best in Pega Robotic Process Automation is that I'm able to add external DLL section codes. I can inject the JavaScript, and I can write VB.NET, C#.NET, and DLL codes, then inject those codes into the existing process. Mainly, from a development perspective, I like that feature a lot, so if anything is not supported by Pega Robotic Process Automation, then I can build that either in JavaScript or in .NET, then use those functions within the IP."

More Pega Robotic Process Automation pros

"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."

"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."

Cons

"I would like to improve the tool's integration features and stability."

"The development experience needs to be improved."

"It is still a niche skill and resources are scarce in the market unless big IT companies are involved."

"Pega Robotic Process Automation can improve the OGR area. You don't have a feature to read documents in computer voices."

"I would like to see an enhanced auditing feature included."

"The OCR capabilities of the solution could be improved."

"The solution's configuration and settings could be more comprehensive."

"Excel connectors need to be improved as there are a few connectors in Excel areas."

More Pega Robotic Process Automation cons

"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."

"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."

Pricing and Cost Advice

"Pega Robotic Process Automation is an expensive solution."

"I was not involved in licensing and pricing, but it is worth the cost."

"Pega is as competitive as the basic players such as UiPath or Automation Anywhere. UiPath is the most expensive, but Pega is at par with Automation Anywhere."

"Pega is pretty costly."

"The licensing cost is too high."

"In terms of Pega Robotic Process Automation pricing, I would rate it a five out of five because the solution has a good price. Pricing is not very high, though I'm unsure of the exact cost, based on my experience, the price for Pega Robotic Process Automation is less than Blue Prism because I worked with a few clients that have both solutions and my clients prefer Pega Robotic Process Automation over Blue Prism particularly because of the licensing costs."

"I would rate the product's pricing a nine out of ten."

"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

21%

Manufacturing Company

14%

Computer Software Company

10%

Outsourcing Company

Manufacturing Company

20%

Performing Arts

13%

Financial Services Firm

University

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	5
Midsize Enterprise	4
Large Enterprise	17

No data available

Questions from the Community

What do you like most about Pega Robotic Process Automation?

The solution's automation handling capability has positively impacted the overall automation process in my experience.

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What is your experience regarding pricing and costs for Pega Robotic Process Automation?

I would rate the pricing a six out of ten, with ten being expensive.

See all answers

What needs improvement with Pega Robotic Process Automation?

See all answers

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...

See all answers

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...

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What needs improvement with Redwood Business Process Automation - Finance Edition?

See all answers

Comparisons

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Compared 39% of the time

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Compared 27% of the time

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Compared 7% of the time

IPsoft 1RPA vs Pega Robotic Process Automation

Compared 6% of the time

Blue Prism vs Pega Robotic Process Automation

Compared 5% of the time

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Fortra's Automate vs Redwood Software - Finance Automation Edition

Compared 13% of the time

BlackLine vs Redwood Software - Finance Automation Edition

Compared 11% of the time

SAP Intelligent RPA vs Redwood Software - Finance Automation Edition

Compared 9% of the time

UiPath Platform vs Redwood Software - Finance Automation Edition

Compared 7% of the time

Tungsten RPA vs Redwood Software - Finance Automation Edition

Compared 6% of the time

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Product Reports

Buyer's Guide

Pega Robotic Process Automation

January 2026

Download Pega Robotic Process Automation product report

Buyer's Guide

Redwood Software - Finance Automation Edition

January 2026

Redwood Software - Finance Automation Edition report

Download Redwood Software - Finance Automation Edition product report

Also Known As

Pega RPA, OpenSpan

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

Overview

With Pega Robotic Process Automation (RPA), organizations can automate the mundane, tedious, time-consuming, manual work that is hampering productivity and efficiency. Whether adjudicating claims, onboarding customers or employees, reconciling financials, updating customer information in systems record, Pega RPA can manage the work across your enterprise.

Pega

The volume of repetitive, manual tasks across finance is overwhelming – every day or at the end of every month, quarter or year. Redwood’s finance automation reduces that unnecessary and time-consuming manual effort. We know because our customers tell us that our finance automation solution helps them achieve a much higher degree of back-office process automation compared with alternatives.

Redwood Software

Sample Customers

eBay Enterprise, M&I Bank

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

Buyer's Guide

Pega Robotic Process Automation vs. Redwood Software - Finance Automation Edition

December 2025

Free Report: Pega Robotic Process Automation vs. Redwood Software - Finance Automation Edition

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