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Altair Monarch vs Tungsten RPA comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Altair Monarch
Average Rating
9.0
Reviews Sentiment
7.8
Number of Reviews
1
Ranking in other categories
Data Preparation Tools (5th)
Tungsten RPA
Average Rating
7.4
Reviews Sentiment
6.9
Number of Reviews
26
Ranking in other categories
Robotic Process Automation (RPA) (12th)
 

Mindshare comparison

Altair Monarch and Tungsten RPA aren’t in the same category and serve different purposes. Altair Monarch is designed for Data Preparation Tools and holds a mindshare of 10.3%, up 6.6% compared to last year.
Tungsten RPA, on the other hand, focuses on Robotic Process Automation (RPA), holds 1.9% mindshare, down 2.3% since last year.
Data Preparation Tools
Robotic Process Automation (RPA)
 

Featured Reviews

reviewer2082057 - PeerSpot reviewer
In 10 minutes, I can do work that would take me two or three hours in another solution.
We use Monarch for account reconciliation. We have several accounts from last year that carry over into this year, so we do reconciliation to see if there are any outliers compared to last year and if the system is automatically picking up for renewals. Monarch is used for minor reconciliation work…
Jamil Milhem - PeerSpot reviewer
Automates browsing tasks without needing a server connection
I have worked with Microsoft Power Platform and UiPath. Kofax RPA offers a comprehensive solution with built-in capabilities for executing tasks like running Excel files and web automation without additional servers. They provide their browsers and extensions. For functions such as OCR, image processing, and data extraction, Kofax has built-in features powered by their engine, eliminating the need for subscriptions to external technologies like Microsoft Cognitive Services or Google Search. One of Kofax RPA's strongest features is its on-premise solution, which is particularly beneficial for organizations operating in regions with data regulations, such as the UAE.

Quotes from Members

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

Pros

"Monarch lets you quickly extract in your preferred format."
"The drag and drop functionality is quite good."
"The solution is scalable."
"Initially, the most effective features for process automation were website automation related to web auditing, SharePoint implementations, and automated management of information."
"The product provides end-to-end solutions for different business problems."
"The pricing of the solution is quite good."
"Kofax handles UIs via the browser well. If it's not possible, they have other features like modeling screen scrapes, etc."
"The features that we have found the most valuable are the integration of different third-party support and productivity services."
"You can automate browsing tasks without needing a server connection. The platform provides its browser, allowing you to run anything inside it."
 

Cons

"I rate Altair Monarch seven out of 10 for affordability. Recently, the pricing model changed from end-user licensing to a concurrent licensing model."
"The product has some constraints and performance issues."
"RPA technology is constantly changing, and sometimes Kofax lags behind."
"It needs a free training portal for anybody on the internet to use so that they can get an idea of what the possibilities are."
"Automation with the latest websites is not effective. The support of newer websites developed using new technologies would improve this solution."
"This product has room for improvement in support of aviation. The interface could be improved in the next release."
"The solution could use some AI integrated features."
"The process discovery could be a bit better."
"The interface could be better from a usability standpoint."
 

Pricing and Cost Advice

Information not available
"The solution’s license is not expensive."
"I give the price of the solution a six out of ten."
"I don't have complete insight at this point in time, but I would guess that Kofax is a lot less expensive than Automation Anywhere. I would expect its license to be on a yearly basis."
"There is a standard license needed to use Kofax RPA and the price is reasonable."
"Its pricing is reasonable given the product capabilities. Kofax has a wide range of products, and it can sometimes be confusing to understand which capabilities come with which product set. One of the key facets that we've been looking into recently is cognitive document recognition that was a core pile of some of their other technologies such as Kofax transformation modules (KTM)."
"Kofax RPA's licensing costs are yearly and expensive."
"Kofax RPA is moderately priced but expensive in comparison to UiPath and Power Automate."
"Kofax's prices are pretty reasonable."
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Top Industries

By visitors reading reviews
Financial Services Firm
28%
Manufacturing Company
12%
Government
11%
Retailer
9%
Financial Services Firm
16%
Computer Software Company
13%
Manufacturing Company
9%
Insurance Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What do you like most about Altair Monarch?
Monarch lets you quickly extract in your preferred format.
What is your experience regarding pricing and costs for Altair Monarch?
I rate Altair Monarch seven out of 10 for affordability. Recently, the pricing model changed from end-user licensing to a concurrent licensing model.
What is your primary use case for Altair Monarch?
We use Monarch for account reconciliation. We have several accounts from last year that carry over into this year, so we do reconciliation to see if there are any outliers compared to last year and...
What do you like most about Kofax RPA?
You can automate browsing tasks without needing a server connection. The platform provides its browser, allowing you to run anything inside it.
What is your experience regarding pricing and costs for Kofax RPA?
The pricing models across the market initially differed significantly, as most RPA implementations were licensed on a per bot basis, unlike Tungsten RPA, which uses a server-based model. Though the...
What needs improvement with Kofax RPA?
Automation of complex processes involving stable legacy systems could be a major plus. The biggest issue lies in the stability of the target environment. Automating systems based on Citrix, where u...
 

Also Known As

Monarch Data Pump
Kofax RPA, Kofax Kapow, Kapow
 

Overview

 

Sample Customers

MasterCard
Aetna, BNP Paribas, Citi, Goldman Sachs, HSBC, ING, Aviva, Humana, Willis, Merck, University Hospitals, CardinalHealth, American Red Cross, Alegri, Capita
Find out what your peers are saying about Alteryx, SAS, Bright Data and others in Data Preparation Tools. Updated: November 2024.
825,399 professionals have used our research since 2012.