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Redwood Software

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Company health

Employee growth
32% increase in the last year
Web traffic
16% decrease in the last quarter
Financing
June 2024 - $383M

Ratings

G2
4.7/5
(126)
Glassdoor
3.8/5
(99)

Redwood Software description

Redwood Software helps businesses automate their most important tasks, especially those involving finances and large amounts of data. Its cloud-based platform connects with existing systems like SAP to streamline processes, ensuring things happen on time and accurately. Redwood aims to reduce manual work, improve speed, and lower costs through automation, and it's designed to be user-friendly, even for non-technical teams.


Who is Redwood Software best for

Redwood Software automates mission-critical processes for large enterprises, especially in finance. Its cloud-based platform integrates with systems like SAP, streamlining workflows and reducing manual work. Users praise Redwood's powerful job scheduling and user-friendly interface but note some difficulties with reporting. Redwood aims to improve speed, accuracy, and reduce costs through automation.

  • Best fit for large enterprises needing robust automation, especially those heavily reliant on SAP.

  • Ideal for finance companies seeking to automate mission-critical processes and improve efficiency.


Redwood Software features

Type in the name of the feature or in your own words tell us what you need
Supported

Redwood integrates directly with SAP and Oracle ERP systems for data exchange and process automation.

Supported

Redwood offers a cloud-native platform as a service, providing scalability and accessibility.

Supported

Redwood supports low-code development via RunMyJobs and other automation tools.

Supported

Redwood supports design and execution of automated workflows across different systems.

Supported

Redwood supports real-time automation through event-driven processing and monitoring.

Supported

Redwood supports automated, secure file transfers between systems through its MFT solutions.

Supported

Redwood automates financial processes, including record-to-report, improving efficiency.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Customer Service

Rather positive
+0.56

Ease of Use

Rather positive
+0.53

Reliability and Performance

Strongly positive
+1

Ease of Implementation

Rather positive
+0.4

Scalability

Strongly positive
+1

Redwood Software reviews

We've summarised 125 Redwood Software reviews (Redwood Software G2 reviews) and summarised the main points below.

Pros of Redwood Software
  • Consistent process management with internal controls ensures trustworthy output.
  • Powerful job scheduling and chaining functionality.
  • Single view for all jobs, easy administration, integration, and troubleshooting.
  • Simple and user-friendly GUI.
  • Flexible workflow building, systems, and processes integration, and excellent support.
Cons of Redwood Software
  • Difficult to extract usable reports and data.
  • Color coding for different systems (DEV/PRD) is not clear.
  • Exporting job reports requires consultant help and improvement.
  • Limited documentation and customer support can be challenging for new users.
  • Monitoring dashboard lacks options for specific statuses like "killed" or "event held".

Redwood Software pricing

The commentary is based on 4 reviews from Redwood Software G2 reviews.

Redwood Software offers robust automation capabilities, but reviews suggest it comes at a premium price, especially for smaller businesses. While a "pay what you use" model exists, the cost remains a concern compared to competitors. However, the extensive features and benefits often justify the investment for larger enterprises.

Users sentiment

Strongly negative
-1

See the Redwood Software pricing page.


Redwood Software alternatives

  • Logo of Digitate
    Digitate
    Better for IT operations automation and proactive issue prevention. Has faster website traffic growth but slower employee growth. Users highlight AI-powered automation and a user-friendly interface but note a steep learning curve and inconsistent support. More positive pricing sentiment.
    Read more
  • Logo of UniFi
    UniFi
    Better for smaller businesses needing a no-code application builder for finance and accounting automation. It has higher ratings on G2. Redwood Software alternative.
    Read more
  • Logo of Panaya Change Intelligence
    Panaya Change Intelligence
    Better for managing software updates and changes within ERP systems like SAP, Oracle, or Salesforce. Focuses on change impact analysis and automated testing. Higher ratings on G2. Users praise its user-friendly interface and centralized test management.
    Read more
  • Logo of SAP S/4HANA Cloud
    SAP S/4HANA Cloud
    Better suited for businesses seeking a full ERP suite. Offers broader industry coverage and better scalability. Real-time analytics and reporting are prominent features. Higher ratings, but more negative pricing sentiment.
    Read more
  • Logo of Stonebranch
    Stonebranch
    Better for IT process automation across hybrid and multi-cloud environments. Has a faster website traffic growth. Provides broader integrations and strong customer support. Easier to use and implement. More positive pricing sentiment. Redwood Software alternative; Stonebranch competitor.
    Read more
  • Logo of Process Runner
    Process Runner
    Better for IT, manufacturing, and supply chain teams using SAP. A strong Redwood competitor for those seeking Excel integration for SAP automation. Process Runner has positive pricing sentiment and strong customer support.
    Read more

Redwood Software FAQ

  • What is Redwood Software and what does Redwood Software do?

    Redwood Software is a cloud-based automation platform designed for large enterprises, especially those heavily reliant on SAP. It streamlines mission-critical processes, particularly in finance, by connecting with existing systems to automate tasks, improve speed and accuracy, and reduce manual effort and costs.

  • How does Redwood Software integrate with other tools?

    Redwood Software integrates seamlessly with existing enterprise resource planning (ERP) systems, particularly SAP and Oracle, to automate data exchange and streamline processes. It also supports automated file transfers between systems and offers a range of pre-built integrations for other business applications.

  • What the main competitors of Redwood Software?

    Alternatives to Redwood Software include Digitate, UniFi, Stonebranch, and Process Runner. These competitors offer similar automation capabilities, focusing on IT process automation, workflow management, and financial process improvements. They often cater to large enterprises and integrate with existing systems.

  • Is Redwood Software legit?

    Yes, Redwood Software is a legitimate software company specializing in automation solutions for enterprises. They are known for their robust integrations with systems like SAP, helping businesses streamline processes and improve efficiency and accuracy. Their cloud-based platform is generally considered safe and reliable.

  • How much does Redwood Software cost?

    I cannot find pricing information for Redwood Software. Contact Redwood Software directly for product pricing or a personalized quote to determine if the software is worth the investment for your needs.

  • Is Redwood Software customer service good?

    Redwood Software's customer support receives positive feedback in multiple reviews. Users highlight the "excellent", "highly knowledgeable", and approachable support staff. While some mention limited documentation, the overall sentiment towards support is favorable.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.