DataRails Reviews

The ease in which the product was to learn and become and expert in. The functionality within the solution is exactly what any FP&A professional should be looking for in a solution. The implementation was extremely efficient as you start to build out real life business processes from the outset which mean you get a return on investment from day 1.

When deciding to partner with DataRails I was fully aware that they are at the beginning of solution development journey. However, DataRails are always keen to receive feedback on possible suggestions for improvement and are continuously developing and releasing improved functionality.

Finance is pleased with the ease of use and accessibility of data

Would be happy if there were more frequent updates

Well said! Providing a reporting solution that works on excel is what separates us from our competitors. Please get in touch with your account manager to hear about our most recent updates, they are pretty exciting!

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.

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

Easy to navigate and set-up the dashboards

It doesn't work well with Quickbook Desktop. It requires a lot of manual processes. It does not automatically integrate with the QB desktop version. It's too cumbersome.

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.

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.

-There are many ways to manipulate and look at your data -Drill downs are amazing. Can look at the smallest of variables. -Can work on both Excel and their Insights feature depending on what I want -Easy to use -Easy to connect with our ERP system

Sometimes it was buggy when logging out. Other than that I can't think of any other notable cons, it really is a great system.

Companies that use DataRails don't need to migrate from excel, which is why choosing DataRails doesn't require making any changes to internal workflows. As you pointed out, noticing the smallest variables is what we believe is key to accurate, flexible and efficient reporting.

1-We started using their Insights feature instead of our BI. Really useful. 2-Made data collection easy and organized 3-Constant access to up-to-date numbers

would be nice if it had the option of drag and drop for inputs

Glad to hear your team benefits from our platform on a daily basis. As you mentioned, Jim, data consolidation and flexible reporting are game-changing benefits that we offer our customers.

Drill down features in both data and graphs/charts. The integration with diverse software packages is also super convenient.

Really robust product. DataRails has a learning curve, but once the approach is learned its super intuitive.

Great customer support, they do a lot of the work so I can just feed data and get the information I need in the format I want.

Sometimes the software is cumbersome. Support always helps with any issues I have but I wish it was user friendly enough that I could do more without assistance. I am still learning and do more every month on my own.

Thank you Bradley for the positive review! As you mentioned, using DataRails is how finance teams supercharge their Excel spreadsheets. Our great support team was thrilled to get such positive feedback on their amazing customer service.

It can be confusing to manage and update new data mappers (for users not very familiar with Data), but the support I've received and the willingness of my CSM, [SENSITIVE CONTENT], truly makes Datarails shine over other competitors. His willingness and availability is extremely helpful to our organization

Small bug issues, little features to develop more (like exporting data to a ppt or new excel)

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.

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.

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.

Using DataRails I can visualize data that I previously didn't have access to, this is by far the biggest pro-you can tap into data you've always had but previously couldn't work with. Other than that it's really easy to use, implementation is not lengthy, great customer service.

Occasionally freezes but I figure that happens with any sort of system

Helping decision makers make data driven decisions by tapping into hidden data is what DataRails was created for. Thank you for highlighting these advantages!

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

Occasionally there are glitches in our templates

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.

This product has allowed me to maintain my existing excel worksheets while speeding the closing process and allowing me to focus on variance analysis as opposed to simply on reporting

I would like to see waterfall charts as part of the graphic offered

Thank you Lew. We look forward to more weekly sessions focused on productivity and finding new ways to improve the financial analysis workflows in your organization to Excel to the power of DataRails.

The way the features are now integrated with Excel, the more "active" way it organizes files tags and compares versions.

I originally had a little trouble with the interface from excel (widget popups) but they replaced this with simple right-clicks and tighter integration with Excel and windows explorer that has not only eliminated the problems, but made it easier to use.

Happy to hear that our customer support was helpful. As each and every one of our happy customers knows, anything and everything that our customer support can do for you is a simple request away. Thank you for ranking us 10/10 in every aspect.

Allows for the reduction of errors, improves reporting, more time for analysis

Takes a little bit of getting used to but what system doesn’t

Mark, we are happy to help your team in reducing errors and improving the quality of their reports to Excel to the power of DataRails. You hit the nail on the head in what that enables Finance employees to do when we do the heavy lifting for them. Using DataRails enables analysts to learn what their data means when they spend less time creating manual reports.

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.

As a SaaS solution, DataRails release a weekly versions which sometime require our teams to learn these changes on the go.

Thank you for pointing out the real time reporting. As many people learn the hard way, learning too late of suspicious activity is devastating to many organizations. Using DataRails, these activities can be detected instantly and handled accordingly.

The software is very good. Changes between versions can be easily identified. Displays the activity in the software. Customer Support is excellent.

The tree view and viewchanges in conected files.

Thank you for highlighting such an important benefit that DataRails users gain from our tool. Not only do we help with data consolidation and automating reports and budgeting, we also provide the option to track changes on excel.

Easy Publish To Web makes is easy to make complex excel files accessible for C-level executives. Realtime sync with SharePoint Scenario analysis over the web with custom Inputs

Mapping tables for later use could be more friendly Have the add-in in Excel online so other users don't need to install the add-in.

Thank you Eran. We love working with such an advanced and knowledgeable user who comes up with creative ideas during our calls. We look forward to continuously provide benefits to your organization's financial reporting activities and to turn your Excel into a lean, mean FP&A machine.

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!

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

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.

Spreadsheets are inherently unstructured, and DataRails structured all my organizational data to allow for complete governance and compliance.

Have been a customer for a year and don't have any yet.

Couldn't agree more, Izik. Here at DataRails, we are working hard to help more financial organizations like yours enjoy these wonderful benefits that our system can provide.

The product is very easy to use. The implementation process was very good, first understanding the company needs, and then using the relevant tools of the product. Very good implementation and support team.

Some features were missing but already developed recently.

-Insights feature is really useful -No more wasting time on something that can be automated -work better

-Can't think of anything atm it's a platform I love using and it does that job well

Couldn't agree more, Eric. Automating processes and financial reports is key to increasing efficiency and saving valuable time. Now you can use your time to learn more insights from your data :)

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

Some time the badge does not appears correctly on my computer and I cannot save into Datarails.

Thanks! We're happy to see DataRails helps you with version management and reduces human-led errors. Love working with you guys at Teva!

I like the ease of budgeting and maintaining my departments spending- I like the dig down functions

I haven't found anything yet. I find the system user friendly and easy to use.

Hi Matthew, thank you so much for the kind review, and most of all, for agreeing to take part in one of our success story case studies. We look forward to helping you and your team continuously improve the FP&A reporting processes.