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BlackLine vs Redwood Software - Finance Automation Edition comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

BlackLine
Ranking in Financial Close Software
1st
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
Accounts Payable Automation Software (17th), Accounts Receivable Automation Software (9th)
Redwood Software - Finance ...
Ranking in Financial Close Software
10th
Average Rating
9.0
Number of Reviews
3
Ranking in other categories
Robotic Process Automation (RPA) (18th)
 

Mindshare comparison

As of November 2024, in the Financial Close Software category, the mindshare of BlackLine is 23.9%, down from 24.9% compared to the previous year. The mindshare of Redwood Software - Finance Automation Edition is 2.0%, up from 1.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Financial Close Software
 

Featured Reviews

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Amarjeet Kamble - PeerSpot reviewer
User-friendly and enables automation in finance, HR, and SDM
There is room for improvement, considering no tools having everything inside it is right. So 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. Right now, you can do it with a little bit of custom scripting in addition to eight. But rather than custom scripting, if we can have a direct feature integrated inside this tool, it will be a major achievement. So, it already has that capability, as you can do custom scripting, and you can go ahead with creating your own. But the direct functions are not available. That's where we are lagging behind. However, importing the values or importing the service can be achieved. So, that is where I can see the room for improvement. In this particular area, the entire system can be improved.
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Top Industries

By visitors reading reviews
Financial Services Firm
21%
Computer Software Company
14%
Retailer
10%
Manufacturing Company
7%
Financial Services Firm
18%
Computer Software Company
10%
Energy/Utilities Company
10%
Manufacturing Company
9%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Questions from the Community

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

Also Known As

No data available
Redwood Business Process Automation - Finance Edition, Redwood Robotics, Redwood Finance Automation
 

Overview

 

Sample Customers

Hershey, StackPath, British Gas, Zendesk, GoodRx, Coca Cola, SiriusXM
ArcelorMittal, Alliant Energy, Allianz, Arla, Bacardi, CPS Energy, DSM, Faurecia, Genetech, Jabil, Jumbo,
Find out what your peers are saying about Blackline, Workiva, Sage and others in Financial Close Software. Updated: November 2024.
816,636 professionals have used our research since 2012.