Redwood Software Named a Strong Performer in Independent Robotic Process Automation (RPA) Report

Redwood Software Named a Strong Performer in Independent Robotic Process Automation (RPA) Report
16.02.2017 07:45 am

Redwood Software Named a Strong Performer in Independent Robotic Process Automation (RPA) Report

Infrastructure

Redwood Software, enterprise robotic process automation specialist, has been named as a Strong Performer in the Forrester Research, Inc. report: “The Forrester Wave™: Robotic Process Automation, Q1 2017”.

The report evaluates Redwood’s solution against criteria including desktop and virtual desktop integration, bot creation design and automation engine, and others. Forrester notes that Redwood is more API-oriented (data integration) and less UI-oriented (desktop integration) than other vendors in the field. It also highlights that Redwood draws on its ERP professional services experience,

plugging inefficiencies in SAP and Oracle enterprise apps to reduce manual labour in supply chain, logistics, forecasting, ecommerce delivery, and financial posting.

Redwood’s robot deployment times are reduced by a catalogue of SAP and Oracle robots, resulting in a smaller set of centrally run robots that run without concern for a physical desktop. Control room and governance features include real-time views of robot progression, and audit forms that provide a snap shot of what the robot has executed with data sources and steps.

Redwood believes that this marks its core differentiation. Its preferred method of integration is where robots don’t interact at the User Interface (UI) level, but integrate directly with the ERP and other applications. Its large library of pre-built components and over 100 robotic business processes takes away the need for custom coding and on-going script maintenance. This results in the highest degree of automation levels (between 70-100%), fast implementation times, and reusable robots that can be scaled and deployed globally with ease.

Redwood’s vision is to help businesses achieve ‘The Robotic Enterprise’™, whereby all processes –such as Record to Report, Order to Cash, Procure to Pay, Human Capital and the Supply Chain – are run by robots, only including people where human judgement and analysis is required. Eliminating the need for desktop based automation takes away the need for large teams of people to manually manage and recode robots. Instead, there are generally a few business users who are empowered to make business process changes without the need for constant script development and maintenance.

Tijl Vuyk, Founder and CEO, Redwood Software adds, “We are pleased to have been recognised by Forrester in this space, which we believe underscores the strength of our vision for how back office processes can be re-imagined and robotisedOur in-depth ERP knowledge allows us to go deeper and wider into processes, helping businesses streamline processes and redirect resources to where they can have greatest business impact – customer care, marketing and product innovation.”

Related News

Shaping the New Normal for Tech Post COVID-19

C-suite Fortune 500 technologists set to unite on 30th July to delve into what the recent pandemic means for the future of customer behavior, new digital offerings, and the... Read more »

Singapore homegrown SME Neo & Partners Global wins Best Infrastructure Provider at the WatersTechnology Asia Awards 2020

Neo & Partners Global, a finance & technology group serving the capital markets sector buy-side community of commodity... Read more »

Nine in 10 Financial IT Leaders Say The Very Survival of Their Firms Depends on Digitalisation in the Next Two Years

 Mendix, a Siemens business and the global leader in enterprise low-code, released a survey showing that, despite being one... Read more »

ConsenSys Codefi Announces Ethereum 2.0 Staking Pilot Program with Six Members

ConsenSys Codefi is launching an Ethereum 2.0 staking-as-a-service platform with institutional functionality for... Read more »

Banking Circle adds USD Amazon collections for its marketplace customers

Banking Circle, the innovative financial infrastructure provider, has enhanced the tools available to Payments businesses for their marketplace customers. Payments businesses... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel