DataRails Pricing, Features, Reviews & Comparison of Alternatives

DataRails

Enterprise spreadsheets management for financial services

4.83/5 (6 reviews)

DataRails overview

DataRails is a spreadsheet management solution for financial organizations such as insurance companies, banks, private equity, credit unions and auditors that delivers full control, data integrity and compliance. With DataRails, users can ensure their spreadsheets comply with regulations including Sarbanes-Oxley, Basel III, Solvency II, Dodd-Frank, and more, in order to mitigate risk. Users can also get a clear picture of their team’s status, automate data consolidation, and obtain real-time insights from their spreadsheet data.

DataRails includes full and comprehensive spreadsheet data integrity and version management features to help organizations meet the highest standards and a zero-error environment. Tools include logical version comparison with unique algorithms, cell dependencies drill down for a detailed, interactive diagram of all cells’ dependencies, and spreadsheet error prevention. DataRails also automatically stores every saved spreadsheet version in a centralized database, allowing prior versions to be accessed anytime.

Organizations can address spreadsheet compliance management and mitigate risk through features including spreadsheet transformation, a full spreadsheet audit trail, spreadsheet data loss prevention, and real-time alerts. Users can gain control of unstructured spreadsheet-based processes through real-time dashboards that can be shared with colleagues, as well as features such as automated data distribution and collection, scenario analysis, and more.
www.datarails.com

Pricing

Pricing options
Value for money
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Devices

Business size

S
M
L

Markets

United States, Middle-East and Africa

Supported languages

English
DataRails screenshot: Address spreadsheet compliance management and mitigate riskDataRails Product OverviewDataRails screenshot: Monitor business processes and track errors for full and comprehensive spreadsheet data integrity and version management DataRails screenshot: Track every modification in your spreadsheets macros and source code using a comprehensive VBA audit trail to gain 100% of code integrityDataRails screenshot: DataRails automatically stores each and every saved spreadsheet version in a centralized databaseDataRails screenshot: DataRails keeps track of the spreadsheet logical cell values so you can track important business KPIs

DataRails reviews

Excellent
5

Very good
1

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.5
  4.3
  4.5
  4.8
Anonymous

Solves problems for us!

Used weekly for 1-2 years
Reviewed 2019-03-18
Review Source: Capterra

We use it a lot for data verification using the compare feature, do monitor data changes when we are changing our financial models. We use it to compare versions of our financial reporting decks and spreadsheets, and we use it for collaboration in collecting and prepareing (ETL) with data files for exporting from one system and into another.The way the features are now integrated with Excel, the more "active" way it organizes files tags and compares versions.

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Anonymous

Great product, high ROI

Used weekly for 6-12 months
Reviewed 2019-03-13
Review Source: Capterra

The solution provided a high ROI for both compliance/SOX teams and the end users. As for the end users this is a fully transparent solution, the on boarding was smooth and fast.Before implementing DataRails, we had no idea what is going on with our spreadsheets across our organization. Today, we have a clear overview of our EUC operations across the organization including real time alerts on any suspicious activity. Our finance users are happy with the benefits the application delivered to their day to day work.

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Yafit Mark

Helps track changes in Excel files

Used daily for 6-12 months
Reviewed 2019-03-07
Review Source: Capterra

The software is still in the process of implementation and improvementsThe software is very good. Changes between versions can be easily identified. Displays the activity in the software. Customer Support is excellent.

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Izik Avidan

Finally addressing spreadsheet EUC

Used weekly for 1-2 years
Reviewed 2019-03-26
Review Source: Capterra

It's a solution that all financial services need but don't have. We were trying to work with our internal controls, but it was proving to be too manually intensive and costly with upkeep and designated staff. Understanding what is happening/happened to all our spreadsheet data at any given time is so useful. Spreadsheets are inherently unstructured, and DataRails structured all my organizational data to allow for complete governance and compliance.

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Anonymous

Capacity routing management in Teva

Used weekly for 1-2 years
Reviewed 2019-03-06
Review Source: Capterra

manage complicated excel templates with 16 sites in one database, by giving managerial dashboards to reflect the utilizations and UnOB per each product. production line or site levels.Version management from several locations on the globe, when end user works in same excel template. dashboards and visually interface for users. privileges management is easy to manage

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DataRails pricing

Pricing options
Subscription
View Pricing Plans

Contact DataRails for detailed pricing information.

DataRails features

Activity Dashboard
Collaboration Tools

API (203 other apps)
Access Control (152 other apps)
Activity Tracking (100 other apps)
Automatic Notifications (135 other apps)
Chat (122 other apps)
Collaborative Workspace (153 other apps)
Commenting (147 other apps)
Communication Management (93 other apps)
Customizable Branding (107 other apps)
Document Management (94 other apps)
Document Storage (139 other apps)
Drag & Drop Interface (124 other apps)
File Management (100 other apps)
Permission Management (139 other apps)
Projections (114 other apps)
SSL Security (111 other apps)
Search Functionality (183 other apps)
Third Party Integration (131 other apps)

Additional information for DataRails

Key features of DataRails

  • Advanced Naming and Tagging Capabilities
  • Auto Backup
  • Automated Data Distribution and Collection
  • Cell Dependencies Drill Down
  • Collaboration
  • Compliance Reporting
  • Data Integrity
  • Data Over Time (Time Series)
  • Database Creation
  • File and Data Consolidation
  • Full Spreadsheet Audit Trail
  • Governance, Risk and Compliance
  • Logical Version Comparison
  • Real Time Alerts
  • Real-Time Dashboards
  • Risk Management
  • Scenario Analysis (“What if” Analysis)
  • Single Version of Truth
  • Spreadsheet Data Loss Prevention
  • Spreadsheet Error Prevention
  • Spreadsheet Transformation
  • Status Tracking
  • Version Management
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Benefits

• DataRails provides a full and comprehensive spreadsheet data integrity and version management solution to meet the highest standards that a zero-error environment demands.

• Address spreadsheet compliance management and mitigate risk with DataRails.

• Turn your historical spreadsheet versions into a clear trend-over-time chart by pulling selected KPI’s from numerous versions of your spreadsheets with a single click.

• DataRails gives you control of unstructured spreadsheet-based processes. Get a clear picture of your team’s status, automate data consolidation, and obtain real-time insights from your spreadsheet data.

• Easily understand the root cause of the bottom line result changes using DataRails’ enterprise level audit trail.