DataRails

It integrates with our ERP easily. I like how we can get through financial close quicker with this solution. It’s easier to collaborate and send Excel based information to one another. Rate of error seems to have gone down, and less time is spend on consolidation. We were initially interested in the product for the close process but as we got accustomed to it realized it could do so much more for us.

with DataRails centralizing our numbers, we no longer have to worry about people working on inaccurate figures. We’re able to connect information from different ERPs from different subsidiaries automatically, which is fantastic since prior to DataRails we would manually combine them in order to produce corporate reports. Enjoy working with this software.

Use this solution for budgeting and forecasting all financial metrics. Also use it as a BI tool. Well suited for working with data without requiring expertise of data transformation. We rely heavily on the solution for analyses, and its great for consolidating information. All information from different ERPs is imported into DataRails, and having that centralization is a huge plus. Grants you flexibility in reporting and the dashboard capabilities are excellent.

We wanted a CPM solution and chose DataRails. Their solution is very customizable, for us the customizable management reporting package was very good. Met our needs well. Drill downs are also very good—the ability to look into a cell-level audit trail is something we didn’t have prior. Also the BI features are useful since they are easy to navigate. Basically, there’s a lot you can do with DataRails and I think the highlight it that once they recognize what your needs are they adapt the product to you.

Was looking for software that could give our finance team a boost since I read all about the advantages of automation platforms and so decided to integrate one in our department. Did some research and decided to choose DataRails due to its innovative offerings—we’ve been able to implement automation without really changing too much in how people work on the ground. It’s been really great for us, digital transformation as they say really can change how we work for the better.

I highly recommend using DataRails. The platform gives you all the benefits of connected planning with additional BI-like features which are an added bonus. For me I love the ability to report with true-to-life, exact, numbers that are drawn in real time from our database. If things change last minute or if something seems off or if the numbers had been edited, all of my visualizations can be updated to reflect these changes, and its so easy to do. DataRails is a really dynamic tool.

I was interested in improving our reporting processes so I looked into many different software that could help with this. This includes BI tools and CPMs etc. I looked into the core features of a few products and decided to go with DataRails. All in all its been good.

This solution meets my department’s needs really well. At first we weren’t sure which solution would be best for us as this is a relatively new one in the market. But after we saw what it can do, we knew that DataRails was the choice for us. We were reluctant to move off Excel and in order to use most other solutions available that’s what we were asked to do. With DataRails, there’s virtually no overhead since all our employees work in the same methods as they have for years- on Excel! But what we gain is automatic consolidation, reduced unnecessary work, reliable numbers, excellent visualizations, and the list goes on. Basically, we GAIN, and give up nothing in the process.

I can’t even begin to explain the value of DataRails. I never thought it’d be possible to access spreadsheet numbers that are located so remotely, but here I find myself doing just that. We have a branch on the other side of the world that, instead of emailing our finance team multiple excels, just clicks “Save” and our team can see all figures on the Insights function or Excel. AMAZING!

My FPA department was facing challenges when it came to reporting. The numbers were constantly changing and we felt that our reporting simply wasn’t as accurate as it should have been. Then we purchased DataRails, and trust me when I say it changes reporting for the better. Our management team loves it because they can pull data from the database to Powerpoint in real time, meaning that at any given moment the figures are up to date. This tool has many uses, but for us specifically what it has done for our reporting function is priceless.

DataRails is amazing because it is well suited for all our needs- forecasting, budgeting, planning management, ad-hoc analysis, and data visualization. Whats more, as we are extremely reliant/dependent on Excel, DataRails is just the best since we can keep using it as our interface and at the same time have access to consolidated numbers. I love digging into cell-level breakdowns to show our CEO exactly how we reached our conclusions. This is the BEST planning tool you need if you work in finance. We didn’t want to give up conducting manipulations within Excel, and with DataRails we didn’t have to.

DataRails has excellent functionality while allowing you to continue using familiar Excel instead of asking you to learn an entirely new system. It’s an amazing product with super easy implementation. Allows you to easily spot inconsistencies or errors.

We chose DataRails over its competitors and we’re very happy with our choice. We keep using our Excels but benefit from a system that is in the cloud, it’s customizable, and offered for a great price. It has improved every aspect of the FP&A function within our company. Our budgeting cycles are shorter, our data is more reliable, and analysis and reporting are more real time.

With this platform finance brings in data from many sources in little time. This responsivity and accessibility has been essential to the identification of key drivers that used to be produced in 5 times the amount of time. Information is available on a global scale instantly so we can standardize analyses. A great investment if you’re looking to improve processes

It’s an easy tool to use and train on. Very adaptable, can look at our data in many different and useful ways with the Insights feature. Integrates with our ERP flawlessly. Can make changes in real time so decision makers always know exactly what’s happening and base the organizational direction on fresh data. Model building is straightforward, visualizations are enlightening, integrations are easy.

Trying to manage P&L’s for a handful of retail locations and departments, combined with nearly 2,000 employees is a challenge to say the least. Planning with DataRails has streamlined our planning and forecasting cycles and helped us to standardize metrics, reporting and analysis. It makes comparing plans, forecasts and actuals across the organization easy and requires no training or overhead. Who would’ve thought that would ever be possible…

Great solution for planning across a distributed organization. Can handle multiple systems and locations with ease. It’s flexible, easy to use, and allows for planning at a granular level to improve budgeting and forecasting. Staff is always nice and easy to work with. Integrates well with other systems.

DataRails is used on a daily basis by my finance team as we perform analyses and drive insights. We chose to implement this cloud financial and analysis platform since we desperately needed a consolidation planning tool where we could continue using disparate spreadsheets and at the same time control our processes easier and better. DataRails gives us exactly this in addition to flexibility in reporting financial results.

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.

Employees were accustomed to working with spreadsheets, but spreadsheets are not always the most effective tool to use. That’s why we turned to DataRails. Accuracy of reports allows for accurate analyses. All our data is in one place and doesn’t require much effort for processing. With DataRails we can track budgets, labor contributions, and finances. Cumulatively this helps us make better decisions.

This is how planning should be done. With crisp up-to-date numbers so you can prepare to the best extent as possible. With DataRails my department really feels that we are planning effectively since we are basing conclusions off of all our sources of data. Integrations are phenomenal and let us compare budgets with actuals so we can constantly reassess and make adjustments if need be.

With DataRails, Excel remains as our user interface and there is no change in our daily flow, but the way we work is enhanced significantly. No migrating our data, no moving to a new system or lengthy implementation. It is such an advantage to be able to build reports within Excel as we want to and not have to deal with consolidation.

Quite satisfied with this tool. Very useful, really gave my department a boost.

DataRails is really great for automating unnecessary work. Using the system has improved my work significantly since now I don’t have to waste time on copying and pasting info in order to bring it together. This used to take up so much time, and now it takes up no time at all.

It makes FP&A work so much better. Consolidation is a huge part of the job, but with DataRails automating this process we don’t have to spend time on work that is virtually of no value. With DataRails we’re up to speed on all the current numbers and use their Insights feature to look at it in different ways. All in all it’s a really great tool.

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. With DataRails we know our figures are accurate and up to date, which is precisely what we need from the numbers we base important decisions on.

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.

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.