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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
Number of Reviews
1
Ranking in other categories
Data Preparation Tools (5th)
Tungsten RPA
Average Rating
7.4
Number of Reviews
25
Ranking in other categories
Robotic Process Automation (RPA) (11th)
 

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 11.0%, up 5.7% compared to last year.
Tungsten RPA, on the other hand, focuses on Robotic Process Automation (RPA), holds 2.2% mindshare, up 2.2% since last year.
Data Preparation Tools
Robotic Process Automation (RPA)
 

Featured Reviews

LS
Jan 25, 2023
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
Feb 2, 2024
Automates browsing tasks without needing a server connection
My use case for the product is in the finance domain.  You can automate browsing tasks without needing a server connection. The platform provides its browser, allowing you to run anything inside it.  The product should improve desktop automation, which is hard to configure. It needs to have…

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."
"It is stable and scalable."
"The most valuable features are workflow and process automation."
"Kofax handles UIs via the browser well. If it's not possible, they have other features like modeling screen scrapes, etc."
"The product provided all the security controls that we asked them."
"The most valuable feature is the robotic process."
"It is very simple and easy to learn compared to any other RPA tools such as UiPath, Automation Anywhere and Blue Prism."
"The ability to script information from websites is most valuable. It also seems to be fairly robust and reasonably easy to manage on a server-based deployment. We have a number of robots operating on the central server."
"The drag and drop functionality is quite good."
 

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 should improve desktop automation, which is hard to configure. It needs to have custom connectors. It is the only advantage that Microsoft Power Platform has over Kofax RPA. It has more than 800 custom connectors."
"The technical support must be improved."
"Its documentation is not widely available on the web. They should work on the availability of its documentation. In Automation Anywhere, there is a feature called Discovery Bot that automatically records the process steps and suggests a possible bot. I am not sure if such a feature is available in Kofax. If it is not available, it will be very good to have this feature. "
"The scalability has room for improvement."
"Kofax RPA could improve web-based automation and there should be a choice of what browser we can use, such as Google Chrome, instead of an inbuilt browser from Kofax RPA. Additionally, Kofax RPA is missing an orchestrator that other solutions have, such as UiPath."
"Automation with the latest websites is not effective. The support of newer websites developed using new technologies would improve this solution."
"The interface could be better from a usability standpoint."
"The process discovery could be a bit better."
 

Pricing and Cost Advice

Information not available
"The solution’s license is not expensive."
"Kofax's prices are pretty reasonable."
"The cost depends on the number of licenses and the number of RPAs."
"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."
"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)."
"I give the price of the solution a six out of ten."
"There is a standard license needed to use Kofax RPA and the price is reasonable."
"The normal price for an on-premises license is €50,000. That's the price for one robot license. You can have more than one robot license but only one can be run at any one time. I believe the cost of adding a second robot is around €14,000."
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Top Industries

By visitors reading reviews
Financial Services Firm
30%
Manufacturing Company
11%
Government
9%
Retailer
9%
Financial Services Firm
15%
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?
Previously, Tungsten RPA offered perpetual licenses, but now it has a subscription-based model for more flexibility, similar to the Microsoft developer platform.
What needs improvement with Kofax RPA?
We've faced a few challenges with Tungsten RPA. One issue I recall was with sending emails that needed multiple attachments. At the time, the feature only allowed attaching one file at a time. We d...
 

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: October 2024.
814,649 professionals have used our research since 2012.