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DataRails Logo
DataRails

DataRails

Composite Score
7.1 /10
CX Score
7.2 /10
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Category
DataRails
7.1 /10

What is DataRails?

DataRails is a financial planning and analysis platform that automates financial reporting and planning, while enabling finance teams to continue benefiting from the familiar spreadsheets and financial models of Excel. Automating these time-consuming manual processes paves the way for finance teams to spend more time analyzing data and less time gathering it. And it empowers them to answer essential strategic questions like what their organization can do to increase revenue and reduce costs.

Company Details

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DataRails Ratings

Real user data aggregated to summarize the product performance and customer experience.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

87 Likeliness to Recommend

100 Plan to Renew

91 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+82 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love DataRails?

0% Negative
0% Neutral
100% Positive

Pros

  • Includes Product Enhancements
  • Enables Productivity
  • Trustworthy
  • Altruistic

Feature Ratings

Average 84

Planning and Scheduling

92

Data Visualization

88

Business Application Integration

88

Budgeting and Forecasting

88

Financial Reporting and Consolidation

87

BI and Performance Management

82

Governance Risk and Compliance

79

Marketing Analytics

74

Mobile Access

63

Vendor Capability Ratings

Average 80

Ease of IT Administration

91

Ease of Customization

86

Ease of Data Integration

84

Usability and Intuitiveness

82

Ease of Implementation

81

Product Strategy and Rate of Improvement

81

Vendor Support

81

Breadth of Features

80

Business Value Created

79

Quality of Features

74

Availability and Quality of Training

68

DataRails Reviews

Jeffrey R.

  • Role: Finance
  • Industry: Manufacturing
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Jun 2022

We implemented DataRails for consolidation - GREAT

Likeliness to Recommend

9 /10

What differentiates DataRails from other similar products?

For our product requirements, we needed to consolidate financials; P&L, Balance Sheet, Statement of Cash Flows, and Statement of Change in Financial Position. This included three Chinese affiliates in the native currency and two USA affiliates in the native currency. To further complicate this, the Balance Sheet used one the number, the P&L used another, and the Equity section of the Balance Sheet used another. Datarails was able to successfully satisfy this requirement when no other product would.

What is your favorite aspect of this product?

Flexibility

What do you dislike most about this product?

Manual data integration, but that would have been automated if we had purchased that functionality.

What recommendations would you give to someone considering this product?

Use the implementation assistance provided by Datarails. They know the product very well. When you have a person who knows the business working with Datarails, the implementation is very quick.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing