Worth USD 3.4 billion as of 2022, the global Robotic Process Automation (RPA) market is expected to be near USD 24 billion by 2030. The speed and scale of this expansion are astonishing but plausible, as the RPA ecosystem presents organizations across all major industries with the tools to optimize tedious-but-crucial processes. This fact has led more executives to hire RPA developers in recent years.
The growth in demand for process optimization tools has led to the emergence of RPA solutions that target different business segments, from healthcare to finances.
Here, see what can be done in the finance and banking industry with Robotic Process Automation.
Dozens of RPA systems exist, covering specific niches or serving as large platforms encompassing several industries.
Two solutions stand out: UiPath and Microsoft Power Automate (formerly known as Microsoft Flow). Just one look at the influential reports from Gartner, Everest Group, and Forrester helps understand their current role in the industry: UiPath is an RPA leader, while Power Automate is an aspiring contender.
This guide will dive deeply into the UiPath vs. Microsoft Power Automate comparison. With our help, you can make an informed decision and opt for the tool that will work best for your business.
UiPath — flexible and solid industry leader
According to Gartner’s Magic Quadrant for RPA 2021, UiPath has solidified its top standing among other RPA providers, ranking #1. The provider has consistently competed head-to-head for the top spot with Automation Anywhere in the industry-guiding ranking since it was first published in 2019.
UiPath owes its success in large part to its versatility. It’s a general-use, one-size-fits-all RPA tool that can be employed in virtually any industry and integrated easily into various processes and solutions. UiPath is fully scalable and can be successfully used by small and large organizations.
Discover SAP automation with UiPath.
Here are some of UiPath’s main strengths:
- Industry leader — UiPath is widely recognized as the best RPA tool currently on the market.
- Orchestrator — The platform is an intuitive, all-in-one RPA orchestration tool that allows users to provision, manage, and track bots from a single interface available in the cloud or on-premise.
- Robust ecosystem — With add-ons such as TaskCapture, Automation Hub, or Test Suite, UiPath facilitates daily operations such as process documentation, pipeline management, or testing.
- Embedded cognitive features — the use of AI-based tools allows UiPath to automate text processing (Document Understanding), build ML-powered workflows (AI Center), and deploy visual recognition bots (AI Computer Vision).
- Task mining — this powerful tool is worth its price: it operates independently to identify the best automation candidates and provides extensive discovery reports.

Power Automate — contender on the rise
Power Automate’s case is a little different from UiPath’s. After being classified in the “Visionaire” category in 2020, it skyrocketed to the “Leaders” segment. This promotion proves that Microsoft’s tool is gaining momentum and promises rapid growth.
Rather than a dedicated RPA solution, Power Automate is a general automation component within the Microsoft Power Platform, including PowerBI, PowerApps, and Power Virtual Agents. In addition, it comes with a robust set of turnkey connectors that enable easy integration with other Microsoft tools such as SharePoint, Teams, or Outlook.
Power Automate’s key features are:
- Microsoft stack integration — Integration templates and full Microsoft environment support make Power Automate a good choice for companies that rely mostly on Microsoft tools.
- Ease of use — Thanks to its simplicity, all employers can use Power Automate to automate small, everyday tasks.
- Power Apps — This compact tool streamlines quick non-code automation of Microsoft 365-based processes, allowing non-technical users to bring up business tools they need for work quickly and without involving the IT team.
- Multi-platform support — Power Automate is available on the web, desktops, and mobile devices, allowing users to create, trigger, and manage automation flows anywhere.
- Built-in AI features — The platform has several pre-programmed and customizable AI modules that can handle text recognition, translation, category classification, and other tasks.
