Datarails

Datarails Review

Vorteile:

Great customer support and on-boarding. Easy to refresh integrations. Easy to use, excel-based formulas.

Nachteile:

Unable to manage extremely large amounts of data and perform complex calculations.

Fantastic and Flexible Reporting Software

Kommentare: Our setup and integration was extremely easy and fast. I was the dedicated builder and PM for the implementation for a 200+ store retails company and we were able to sync, validate and build out of data in just under 7 weeks. We've only had a few system hiccups along the way that Datarails has fixed or addressed with reasonably speed. We've been very happy with the decision to work with Datarails and foresee that that feeling will remain for a long time to come.

Vorteile:

Datarails' direct integration with Excel has allowed our team to pick up using the system very quickly. It gives us the flexibility of Excel without having to worry about massive data tables or SQL pulls to get the data to represent in a proper manner. Datarails is constantly improving and they continue to work with their customers to advance their software and address needs. The sky is the limit for cuts of data that Datarails can provide, and with nearly constant improvement over our now two years of use, our satisfaction with the software grows with each passing month.

Nachteile:

It's strength with Excel is also it's weakness. Reports are only as good as the logic that is layered into Excel, so it necessitates numerous data checks to ensure that our numbers are accurate. Fortunately, Datarails makes those overall checks simple. I really want to love the Dashboards and Storybook functions, but the overall functionality of their graphing does need some improvement. Their dashboard have a really amazing variance analysis tool, but it needs updating and resources to be fully fleshed out and used as intended.

VIN Product Assessment

Kommentare: The customer support and response is excellent

Vorteile:

Easy to navigate and set-up the dashboards

Nachteile:

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.

Financial Reporting has never been easier!

Kommentare: Love it! I originally signed up because of the sales pitch of "financial statements at the click of a button" and it really is that easy! It has saved me DAYS of time, creating and analyzing reports. Since the base reporting is so quick for me now, I focus my time on adding more reporting and analysis to ensure Stakeholders have all the information they need and more!

Vorteile:

Ease of use. Once you get the hang of the formulas and the online interface, the options for creating meaningful reporting are unlimited. My financial reporting improves EVERY month as I figure out additional data that can be uploaded, mapped, and displayed for Stakeholders.

Nachteile:

Constantly linking the excel sheets to the database. Really not a big deal, but if I had to pick something it would be that. I save my files in Datarails and ensure that I pull the file from Datarails before beginning any report to ensure that I have the most up to date one, and that it is already linked to Datarails.

Datarails has become an integral part of our management reporting framework

Kommentare: The Datarails product and support team have been very good to work with. The product has automated several very manual processes that save us time and deliver actionable information more quickly.

Vorteile:

Seamless integration with key business applications; strong reporting and dashboarding capabilities; integrates well with Excel to allow for next-level data manipulation and analysis.

Nachteile:

Early in the implementation we discovered a limitation on the volume of data we could effectively pull into and analyze with Datarails. The implementation team helped us reconfigure some workflows, limit the data we needed to expose to Datarails, and we got to a good, workable solution.

Experience with DataRails

Kommentare: The overall experience with DataRails has been positive, but the company seems more interested with automating as much as possible rather than in teaching and empowering customers to become super users of the software.

Vorteile:

Once set up, DataRails is an effective tool to manage our regular as well as ad hoc financial reporting. It has saved time in constructing standard reports, thus freeing up time for deeper analysis.

Nachteile:

The process of setting up the environment can be tedious and confusing. Troubleshooting errors can be time consuming, particularly if your inputs are larger files (Any change to the Data Mapper needs to process to all files within a File Box) or if you have multiple inputs with different mappers (When input files are not uniform in structure, attempting to construct uniform mappers across inputs can be maddening). There is no readily available resource that can thoroughly or effectively explain the flow of data or how to construct a Data Mapper to specific needs.

New FP&A user at a public company

Kommentare: I really like it, I would recommend it to a friend in and instance if they work in FP&A.

Vorteile:

The ability to immediately see real time KPis update automatically from integrations from CRM and Sage Intacct is incredibly valuable and saves a lot of time.

Nachteile:

The set up and learning process is lengthy and quite complicated. I don't know how to solve it but just know it takes time.

Growing Together

Vorteile:

DataRails is amazing at increasing the speed of analysis. It has helped us gain a very quick overview of our business and all the branches.

Nachteile:

As someone who needs to teach this to others, it is hard to teach to someone who does not have some background with technology. Even people with some background in excel have a tough time with all of the functionality offered.

Great tool for our organization

Kommentare: Overall, my experience has been pretty good. My primary contact understands our end goal and has been able to assist in either creating the dashboards/widgets/reports needed or helping walk me through some of them. Sometimes, I feel like it is information overload, but in the end, it is what my team needs to understand where we stand financially.

Vorteile:

Visually appealing. There are so many opportunities to show your data to your organization in a way that most can understand. You don't have to be in finance to be able to appreciate it.

Nachteile:

It is not intuitive. There is quite a bit of a learning curve when it comes to importing data and molding it correctly to give out the data you're looking for. The report building and formulas are pretty complex. I'm good at Excel but this takes the cake. I thought the process would be quicker to get our data into datarails.

Fantastic and Flexible Supporting Software

Kommentare: Datarails has been great in getting us the help we need to get not only our financials more easily displayed, but get employees up to date with processes as well.

Vorteile:

Datarails makes financial analytics much smoother than before. You are able to knock out the data collection portion of financial tasks in nearly an instant, and if you are capable with the system even get it to the point it does a majority for you.

Nachteile:

The user interface can be rough to pick up on when using the mapper and other tools. The help course videos are great and will get you up to speed but it can be a bear without them.

Datarails is THE easiest Data reporting software

Kommentare: From implementation, to connecting with our existing ERP, it's been a piece of cake to use. Learning more of the complex formulas and data comparison's now and really if you have a tiny bit of formula usage background, like even just excel formula's, then it isn't hard to use at all. And that's for the complex, multi-table data combining type of reporting.

Vorteile:

We've utilized other softwares for our clients, NSAW, Quickbooks, Custom Spreadsheets - nothing has been easier to implement and use AND then share with colleagues than Datarails

Nachteile:

Honestly, it's been about 4 months and I haven't had a bad experience with Datarails yet.

DR Review

Vorteile:

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.

Nachteile:

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.

Product that exceeds expectations

Kommentare: 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.

Vorteile:

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.

Nachteile:

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.

Great forecasting/budgeting software

Kommentare: Great customer service, very quick to respond and very helpful walking me thru different ways to show my data that would be easiest to maintain.
Easy to use product that adapts to your company, rather than having to adapt to the product.

Vorteile:

This software was very easy to implement as we transitioned from a different software. what sold us on DataRails was the ability to continue to use our current reports. Dashboard views are also great, it gave us the ability to report on operations metrics , versus some software's that only focus on financial reporting. We also really liked the idea of having a dedicated customer rep , this has been extremely helpful thru the implementation, but also in creation of all our reports

Nachteile:

Would like to see more development in consolidation/conversion, as well as adding to dashboard reporting.

Best FPA Tool on the market

Kommentare: great. Ari was amazing in implementation

Vorteile:

flexibility with excel is key, i find it easy to use and scalable

Nachteile:

integtration with sage is not perfect, requiring workaround

Amazing system with amazing support

Kommentare: DataRails has allowed us to monitor the performance of our business in ways we simply could not before. We have also been able to simplify a number of our reporting processes. These two things have allowed us to share information with a wider pool of stakeholders within our company and monitor the performance of our business much more closely.

Vorteile:

DataRails provides us with version control, data transformation, and visualization tools that we did not have before. We have streamlined many of our reporting processes, and we also use DataRails to feed a number of Excel and PowerPoint-based reports. DataRails support is very responsive.

Nachteile:

Some features don't work as expected, and it can be hard to tell if it because of a bug or user error.

datarails implementation

Vorteile:

It is excel based and comes with a lot of templates and dashboards. You can do a lot of analysis on the platform and it simplifies a lot of complex analysis

Nachteile:

learning phase taking longer than expected but comes with an on-demand easy to access video bank

DataRails Review

Kommentare: Its been pretty good. It was easy to get up and running. Running monthly reports is easy.

Vorteile:

Its ease of use and how quickly we were able to get up and running

Nachteile:

Don't get to use as much as I would like

Great Software for Reporting!

Kommentare: Working with [sensitive content hidden] throughout the implementation process has been great. Whoever gets him during the implementation will not be disappointed.

Vorteile:

Once you learn how to use the system, you won't look at reporting the same way. The reports take time to build out the first time, but can then be refreshed within seconds to have data available. No more creating pivot tables over and over.

Nachteile:

The system takes some time to get used to and understand the powerful features available. There are a lot of how to links to teach yourself how to use the system.

Review on first year use.

Vorteile:

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.

Nachteile:

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.

Fantastic Product! Highly Recommend!

Kommentare: Terrific experience! I highly recommend DataRails! The product is amazing, the support is industry best, and the responsiveness to customer preferences is incredible!

Vorteile:

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

Nachteile:

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

A great tool for financial planning

Kommentare: Wow. Such a great tool to bring logic from Excel to the web. I love it.
It's also nice having tables from different files accessible from their cloud to other files - very useful when working with financial models that are composed from several files.

Vorteile:

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

Nachteile:

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.

Awesome tool for a great price

Kommentare: 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.

Vorteile:

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!

Nachteile:

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

Love this useful, insightful product

Kommentare: 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 make sense of it. This used to take up so much time, and now it takes up no time at all.

Vorteile:

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

Nachteile:

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

DataRails is friendly and very easy to use

Kommentare: I have had good experiences with DataRails.

Vorteile:

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

Nachteile:

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