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The FP&A solution for Excel users.

(9)

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Datarails Pricing

Pricing overview

Value for money rating

4.7

/5

70

Price starts from

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Free plan
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Free trial

Pricing details

Contact Datarails for detailed pricing information.

What users say

DataRails has substantially improved the accuracy of our budgeting and forecasting. I love the ease of it, how accessible it makes our numbers, and how simple it is to follow real-time statuses.
I like the ease of budgeting and maintaining my departments spending- I like the dig down functions.

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Reviewers who mentioned pricing said:

JH
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Jesse H.

Oil & Energy, 51-200 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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DR Review

Reviewed 5 months ago
Pros

Being able to pull disaggregated data together has been a big plus. But what I am really finding value in is the dashboarding and storyboard capabilities.

Cons

There are a few hiccups w/ the capabilities of the charts within the dashboards but we are working w/ the product team to fix those.

MR
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MATTHEW R.

Security and Investigations, 201-500 employees

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Great product

Reviewed 2 months ago

Really good, would recommend............

Pros

Ease of implementation, cost effective, great support, new features added

Cons

getting used to DR formulae as a typical Excel user. Would be great if i could copy paste excel formulae into DR and it could translate to DR formulae.

LP
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LeeAnn P.

Sporting Goods, 1,001-5,000 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Product that exceeds expectations

Reviewed 2 years ago

In one word - "unbelievable" - I expected the software would be good, but once the software was up and running it exceeded expectations. The product drove down the manual time consuming data collection from 4 business days to a couple of hours. This was essential during the pandemic as more frequent turns of the forecast was required and without this software we would not have managed. The company used the product for other use cases we did not envision when we made the initial purchase.

Pros

Value for money, ease of use and accuracy. Because the program is excel based it did not take long for the team to master. Created an efficient process and removed the manual work from the department by automating the vast amounts of data in a matter of minutes. As the work load grew the product became more valuable to the company.

Cons

One difficulty was when a Microsoft patch was released it caused some issues with a formula, but the support desk was able to help correct when we brought it to their attention.

JC
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Joseph C.

Real Estate, 501-1,000 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Holding Company in the Real Estate Industry

Reviewed 2 years ago

Overall, DataRails has been great for our business. We are moving from using manual spreadsheets for financial reporting into automating this process in order to save time and look forward for trends, instead of always looking back in time at our data. It has been smooth and will be an easy transition for us. Above all else, [SENSITIVE CONTENT] has been super helpful. [SENSITIVE CONTENT] is simply the best. In addition, the Dashboard views are something that will be a great value add as we continue to introduce our portfolio companies to this software, as we are trying to sophisticate some of these businesses and force our business leaders to be continually on top of their financials, business, operations, and more.

Pros

My favorite part about this software is how easy it is to understand the logic that is going on behind the scenes. We are a holding company of 18 different operating companies using DataRails to automate our financial reporting process, as well as house all of our financial data in one system. Knowing how it works behind the scenes in critical and using the backend mapping is easy in order to make changes, fix errors, etc.... It makes it pretty easy to understand for the average user.

Cons

There is always room for improvement, like with anything. I think the biggest challenge for our company is not having all our accounting systems integrated into the system due to some industry specific accounting softwares not being able to integrate into DR. I think one thing that would be great would be more training videos or education in order to not rely on the customer success manager as much, just to improve efficiency and time.

Vendor response

Thanks Joseph for the amazing review. We couldn't be happier to work with you and the team. We look forward to improving the global scorecard, the various performance reports and dashboarding capabilities.

MM
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Massimo M.

Financial Services, 201-500 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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DataRails used as an FP&A solution

Reviewed 2 years ago

Prior to DataRails our FP&A was run exclusively through maintaining numerous excel files which resulted in a much longer monthly close process. Through DataRails, we were able to automate the generation of our allocation based segment/product P&Ls, and monthly variance reporting to Budget/prior forecast. DataRails also reduced the probability of human error.

Pros

The overall flexibility of the platform. DataRails was able to create exactly what I wanted using our existing data structure and financial models. DataRails was able to replicate all of the benefits of other more well known Planning Solutions at a much lower investment cost - both financial and human capital.

Cons

Certain aspects of our monthly forecasting process require more manual intervention than other more mature planning applications.

TS
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Trevor S.

Education Management, 51-200 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Good Product - Takes Time

Reviewed 10 months ago

It has been a phenomenal value add for our organization. Our team finds it incredibly helpful to use in thinking through multiple scenarios.

Pros

The flexibility of Datarails is fantastic. We’ve been able to draw in multiple data sources to present a clear picture of our financial situation with the additional context.

Cons

The onboarding process can take a few months. You are told upfront that it takes about 3 months. In our case, it took us about 6 months of working daily with their team to be ready to go. They were very supportive, but it does take time.

TS
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Theresa S.

Consumer Electronics, 1,001-5,000 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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CPM tool of choice, excellent value

Reviewed 5 years ago

In my organization we use DataRails’ cloud financial and analysis platform for budgeting and forecasting all of our financial metrics. Each department continues to rely on Excel as usual for budgets, and then using DataRails Finance sees real-time updates and compares budgets with actuals. Useful for a variety of processes including workforce management, income statement analysis, forecasting, reporting, etc.

Pros

Seamless integration with Excel User friendly interface Has streamlined our budgeting process

Cons

Occasionally there are glitches in our templates

Vendor response

We couldn't have said it better, Theresa! Providing our system's reporting benefits while enabling our customers to stay in excel makes using DataRails so much easier.

AR
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Assaf R.

Financial Services, 201-500 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Great Product and Very quick implementation

Reviewed 5 months ago

Great product, Helped us combined several source of data into one dashboard. Very easy to use and present all the data in one place. Save us time in closing the BVA and creating the Board presentation.

Pros

Easy and quick implementation Able to connect to all file sources - Netsuite, Bizdoc etc User Friendly to all users

Cons

The price is a little bit high. I approved it before signing and enjoy the product but its still high :-)

CH
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Cynthia H.

Accounting, 51-200 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Datarails review

Reviewed 14 days ago

Excellent onboarding experience, customer service is amazing.

Pros

The ability to create a template in excel and then hand off the weekly creation to a lower cost resource.

Cons

We enjoyed the implementation process a great day. It was frustrating at some times, but mostly because we all had a learning curve (including our implementation specialist) with what we wanted to accomplish as a business and how to accomplish that.

AR
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Verified reviewer

Environmental Services, 501-1,000 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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A cost effective low change management tool for planning/forecasting/reporting

Reviewed 3 months ago
Pros

Low change mgmt if you need to stay in your Excel environment. Leverage their technology to keep your spreadsheets, formulas and financial models. Implementation was very intuitive

Cons

Double edge sword......The tool is very customizable which is awesome but this means you need a fair bit of technical savvy to really get the most use outside of the standard use cases.

AS
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Ami S.

Security and Investigations, 51-200 employees

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Review on first year use.

Reviewed 10 months ago
Pros

Datarails is an exhaustive FP&A tool and great for Budgeting and variance analysis. The Report Builder is a powerful feature that helps to review results by Office, department & Cost centers. This is my first year using Datarails & it is the only FP&A software I have tried but I am very happy with it thus far. The implementation team & Customer Success Manager was very knowledgeable, smart, responsive & understood our business needs quickly to provide an ideal solutions for creating our first Budget in Datarails.

Cons

The features are awesome but some of these are too complex to use without help from Datarails team member. Once the basic reports are created by Datrails team, it is then manageable to update filters and make format changes as needed. Building a report from scratch is difficult as the data mapper is too technical & hard to comprehend.

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Catherine D.

Medical Practice, 10,001+ employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Awesome tool for a great price

Reviewed 5 years ago

We've integrated DataRails within our finance department and it's just been great. For departments that rely heavily on Excel, this product is a must. All our information is in one place, it's accurate and reliable, and it boosts our confidence in the conclusions we draw from them. Really great, dependable tool.

Pros

DataRails improves the accuracy and accountability of so many processes such as reporting and budgeting. It saves my department hundreds of hours of previously unnecessarily wasted time. Amazing tool!

Cons

The platform doesn't integrate with Excel 2007 which is a bummer.

Vendor response

Thank you Catherine :) Saving hundreds of hours of people's work time is what drove us to develop this industry changing tool. We are on a mission to turn every finance department's Excel into a lean, mean FP&A machine. Regarding Excel 2007, please contact your account manager, they will provide a solution for that.

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Michael E.

Hospital & Health Care, 1,001-5,000 employees

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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A great value

Reviewed 2 years ago

Great support! Liat is awesome.

Pros

It's flexible and can do most anything I need it to do.

Cons

Just the usual learning curve when using a new program.

Vendor response

Thank you Michael. Using DataRails is how finance teams supercharge their Excel spreadsheets. Consolidating multiple data sources for you and your team is our specialty. Happy to see you're enjoying the product!

iz
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ido z.

Alternative Medicine, 51-200 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Flexibility with a price

Reviewed 2 years ago

Very cool product; fast to implement; not nearly as self service as we'd like; Lacking robust implementation methodologies and knowhow

Pros

Product is very flexible and implementation cycle is relatively short

Cons

Lack of robust implementation methodology

Vendor response

Thanks Ido for the great review. We try to make our product as flexible as possible so that our users can use it in a variety of different ways. We are working on the robust implementation methodology, and we hope to have it ready as soon as possible :)