DataRails

Data Integrity for Spreadsheets. DataRails is a spreadsheet management solution for financial organizations.

Languages supported: English

Platforms: Mac, Win, Linux

Price: $$$$$

Business Size: 1

10.0/10 (Expert Score) ★★★★★
Product is rated as #3 in category Budgeting and Forecasting Software
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DataRails is a financial solution designed for SMEs that turns manual monthly and quarterly reporting processes into automated ones.

The solution allows organizations to move towards working with a cloud-based financial product, all while end-users continue working on their usual Excel files, as they have up until now.

The solution connects to all organizational systems including your ERP, CRM, HRIS, as well as complex Excel files, and consolidates all of this data in one cloud-based database. DataRails automates various financial transformations including FX conversions, eliminations, hierarchies, financial adjustments, and more.

With DataRails, finance professionals can conduct advanced investigations into their data to extract formerly unattainable insights, and enjoy a 360 degree view of all unified organizational data all while continuing to work in Excel as they’re used to.

Upon finishing analyses, finance professionals can share their results with various colleagues and management thanks to an online dashboard or live, interactive charts and tables within Powerpoint that are connected in real-time to databased numbers.

DataRails
DataRails

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Customer Reviews

DataRails Reviews

Neil N.

Advanced user of DataRails
★★★★★
Intelligent tool, takes budgeting and planning to a new level

What do you like best?

We have so much data at our disposal but previously didn't always know how to look at it. Thanks to DataRails we can easily access it all, compare and contrast between budgets and actuals, and decide how we want to go forward If you're looking to improve decision-making, DataRails is your tool. In my department we plan at a granular level and DataRails helps make the process even more effective, which helps us make better decisions.

What do you dislike?

I'd be happy for there to be more software updates

What problems are you solving with the product? What benefits have you realized?

Trying to manage many different P&Ls can be challenging, but with DataRails the challenge is significantly reduced. DataRails helps us standardize reporting and analysis. It lets us compare plans and forecast reliably. Since we plan at a granular level, with DataRails we can do so accurately, consistently, reliably, etc. If you work in finance this tool will change your life.

Review source: G2.com

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