Datarails

RATING:

4.8

(61)

About 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.

Awards and Recognition

FrontRunner 2023
Software Advice's FrontRunners report ranks top products based on user reviews, which helps businesses find the right software.

Datarails Pricing

Contact Datarails for detailed pricing information.

Free trial: 

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Free version: 

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Datarails Reviews

Overall Rating

4.8

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

5

Value for money

5

Functionality

4.5

Most Helpful Reviews for Datarails

1 - 5 of 61 Reviews

User Profile

Bobby

Verified reviewer

Hospital & Health Care, 501-1,000 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2023

Datarails is a great time saver

I love datarails. The implementation team was fantastic and I haven't found anything lacking. We even asked for some functionality to be added to our implementation team, and a few months later they rolled it out as a feature for all users to enjoy.

PROS

Datarails integrates into our accounting system and we upload our operational data via Excel so we can see our whole workspace in 1 place - the best part is the ad-hoc reporting ability in native Excel.

CONS

The dynamic ranges we use are massive and can bog down Excel so we had to upgrade our computers......pretty sure this is an Excel issue vs a Data Rails issue though.

User Profile

Craig

Verified reviewer

Computer Software, 501-1,000 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2022

DataRails Review by Craig Morrow

My experience with DataRails has been first class. I have assisted with a seamless integration for Budgeting purposes and have now rolled out the solution for month end reporting. In both scenario's I have been able to reduce the time required for completion by around 40%. I particularly like the approach of having the Customer Success Manager driving the implementation and having the single point of contact through the customer journey.

PROS

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.

CONS

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.

Reason for choosing Datarails

Implementation timescales, project milestones, cultural/company size growth alignment. Ease of use and value for money.

Anonymous

501-1,000 employees

Used weekly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

3

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2024

Datarails has become an integral part of our management reporting framework

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.

PROS

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

CONS

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.

Reason for choosing Datarails

Datarails' interface was more intuitive. Datarails was open to signing a business associates' agreement that allowed us to access our key operational data, which is protected health information.

Madison

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

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed March 2024

Datarails Review

PROS

I like the ability to create and store multiple different reports in one platform that is easily accessible. With the number of reports our team produces it is beneficial to report out of one place.

CONS

There are limitations to the types of dashboards we need to create in the system. Some files we are unable to aggregate because of the data type which is crucial to a number of our reports. The file mapping can sometimes get confusing when there are additional columns that have been added and we need to reconfigure the mapping, but our historical data does not have the exact same data, it has caused issues in the past.

Michael

Environmental Services, 201-500 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

3

Reviewed January 2024

Experience with DataRails

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.

PROS

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.

CONS

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.

Reasons for switching to Datarails

The switch preceded my time at Keter so I cannot say why the switch was made.