Datarails

4.8 (97)
Write a Review!
The FP&A solution for Excel users.

Overall rating

4.8 /5
(97)
Value for Money
4.7/5
Features
4.5/5
Ease of Use
4.5/5
Customer Support
4.8/5

100%
recommended this app
Sort by

97 Reviews

Grant
Grant
Overall rating
  • Industry: Hospital & Health Care
  • Company size: 501–1,000 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Datarails Review

Reviewed on 2024/02/28

Pros

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

Cons

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

Nicholas
Overall rating
  • Industry: Automotive
  • Company size: 1,001–5,000 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Fantastic and Flexible Reporting Software

Reviewed on 2024/01/18

Our setup and integration was extremely easy and fast. I was the dedicated builder and PM for the...

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.

Pros

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.

Cons

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.

Alternatives Considered

Workday Adaptive Planning and Anaplan

Reasons for Choosing Datarails

Management Reporter (not listed) simply did not have the tools to produce the reports that we needed. Datarails has actually filled a number of holes within our accounting software, as the lookup tables have allowed to create dimensions that would be VERY difficult to manage within the ERP itself. It has taken our financial reporting from the Dark Ages and very much been a proven resource for both internal and external reporting.

Switched From

Microsoft Excel

Reasons for Switching to Datarails

Datarails is far more flexible and its ability to seamlessly integrate with a very old ERP system is unmatched. We also felt that the bells and whistles of the other systems were very expensive and more flashy than practically useful.
Shervin
Overall rating
  • Industry: Hospital & Health Care
  • Company size: 11–50 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Review of the Web Dashboards

Reviewed on 2024/09/12

Pros

I like how I can create infographics in Excel and then I can upload that to the web dashboard

Cons

Although it is nice to have web dashboards and be able to see that on the website, I would like a mobile feature so that my users can easily access the dashboards on their phone. Right now the formatting looks weird if you go online on your phone and check. It also is very laggy when loading in Excel dashboards on the web dashboard.

Christopher
Overall rating
  • Industry: Financial Services
  • Company size: 51–200 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Datarails has great people

Reviewed on 2024/10/30

Pros

Our CSM [sensitive content hidden]. He has been extremely responsive when we reach out, and is patient with us. From the top to the bottom our organization really appreciates him. I also appreciate the DR support team, especially [sensitive content hidden], he communicates clearly what's going on and what is being done to solve it

Cons

We are experiencing significant Latency issues when we load certain dashboards

Michael
Overall rating
  • Industry: Environmental Services
  • Company size: 201–500 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Experience with DataRails

Reviewed on 2024/01/26

The overall experience with DataRails has been positive, but the company seems more interested with...

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.

Megan
Overall rating
  • Industry: Automotive
  • Company size: 501–1,000 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Financial Reporting has never been easier!

Reviewed on 2024/09/17

Love it! I originally signed up because of the sales pitch of "financial statements at the click...

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!

Pros

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.

Cons

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.

Corina
Overall rating
  • Industry: Automotive
  • Company size: 51–200 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Great tool for our organization

Reviewed on 2024/09/18

Overall, my experience has been pretty good. My primary contact understands our end goal and has...

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.

Pros

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.

Cons

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.

Braxton
Overall rating
  • Industry: Wholesale
  • Company size: 11–50 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Fantastic and Flexible Supporting Software

Reviewed on 2024/08/28

Datarails has been great in getting us the help we need to get not only our financials more easily...

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.

Pros

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.

Cons

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.

Cynthia
Overall rating
  • Industry: Accounting
  • Company size: 51–200 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Datarails review

Reviewed on 2024/06/03

Excellent onboarding experience, customer service is amazing.

Excellent onboarding experience, customer service is amazing.

Pros

The ability to create a template in excel and then hand off the weekly creation to a lower cost resource.

Cons

We enjoyed the implementation process a great day. It was frustrating at some times, but mostly because we all had a learning curve (including our implementation specialist) with what we wanted to accomplish as a business and how to accomplish that.

Erick
Overall rating
  • Industry: Financial Services
  • Company size: 11–50 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Datarails overview

Reviewed on 2024/09/12

Datarails has greatly improved reporting for me as I create packages with a large quantity of...

Datarails has greatly improved reporting for me as I create packages with a large quantity of sheets that are very easy to update by pulling down information from datarails and it does it much quicker than before Datarails.

Pros

Datarails brings a lot of value to financial planning and analysis by making financial processes more accurate and efficient. With its ability to integrate data from different systems, Datarails provides a comprehensive view of financial information, making reporting and analysis more straightforward.

Cons

The initial setup and integration with existing systems might be complex, as all new things can come with a learning curve, adjusting to new functions usually proves difficult at first.

Jesse
Overall rating
  • Industry: Oil & Energy
  • Company size: 51–200 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

DR Review

Reviewed on 2024/01/02

Pros

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.

Cons

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.

Alternatives Considered

CUBE

Reasons for Switching to Datarails

The main reasons I chose Datarails was for the visualizations, drill down capability and their reports looked very similar to what I was already creating manually in excel.
Verified Reviewer
Overall rating
  • Industry: Construction
  • Company size: 1,001–5,000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Best investment for our finance team

Reviewed on 2019/08/14

With this platform finance brings in data from many sources in little time. This responsivity and...

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

Pros

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

Cons

Would be happy if there were more frequent updates

Alternatives Considered

Prophix

Reasons for Switching to Datarails

We wanted to keep working on Excel. DataRails lets us do that, whereas other platforms asked us to migrate our information to their system.

Response from Datarails

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!

Verified Reviewer
Overall rating
  • Industry: Environmental Services
  • Company size: 501–1,000 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

A cost effective low change management tool for planning/forecasting/reporting

Reviewed on 2024/03/11

Pros

Low change mgmt if you need to stay in your Excel environment. Leverage their technology to keep your spreadsheets, formulas and financial models. Implementation was very intuitive

Cons

Double edge sword......The tool is very customizable which is awesome but this means you need a fair bit of technical savvy to really get the most use outside of the standard use cases.

Jason
Overall rating
  • Industry: Pharmaceuticals
  • Company size: 51–200 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

DataRails - an efficient and simple tool with potential for improvement

Reviewed on 2024/01/30

Pros

I like the following items about datarails
1) its simplicity in terms of report creation and implementation
2) it is a great collaborative tool

Cons

Areas of improvement include:
1) The dashbaord functionality is very limited compared to tools such as Tableau. I would like to see more features in terms of the types of graphs and customizability
2) API connections should be alot easier to implement. We have been struggling to get a live connection to DataRails from our ERP for some time now

Justin
Overall rating
  • Industry: Oil & Energy
  • Company size: 51–200 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Datarails Review

Reviewed on 2024/06/10

Pros

I enjoyed the flexibility to integrate excel files into the dashboards that were not DR widgets or formulas

Cons

I think there are some rough around edge features that could be tweaked for quality of life, but nothing that is breaking anything. Mainly centered around more options in the widgets and dashboards

Jonathan
Overall rating
  • Industry: Financial Services
  • Company size: 201–500 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Head of FP&A

Reviewed on 2024/08/06

Excellent - all the people I have dealt with are not only knowledgeable of the product but...

Excellent - all the people I have dealt with are not only knowledgeable of the product but knowledgeable of their customer's use cases.

Pros

Ease of use - not months of set up.
Product feels like you have looked into the minds of your customers and delivered what we need.

Cons

No cons so far. We have had the product for around 6 months.

David
Overall rating
  • Industry: Transportation/Trucking/Railroad
  • Company size: 1,001–5,000 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Excellent Software

Reviewed on 2024/08/13

So far it has been overwhelmingly positive.

So far it has been overwhelmingly positive.

Pros

I like the ease of use. The report builder functionality makes it easy to build reports.

Cons

The layout of the menu could improve a little bit.

silvio
Overall rating
  • Industry: Environmental Services
  • Company size: 201–500 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

DataRails Review

Reviewed on 2024/02/26

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

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

Pros

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

Cons

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

Jacob
Overall rating
  • Industry: Real Estate
  • Company size: 51–200 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

A great product for FP&A

Reviewed on 2024/02/27

Tool was great, easy to use and setup. Only real issue was with the data import however that...

Tool was great, easy to use and setup. Only real issue was with the data import however that stemmed from our source data and was one of the reasons we used the product in the first place.

Pros

Product is comprehensive and responsive.
Support provided by our implementation partner was fantastic

Cons

Just the small quirks and inconsistencies with some of the UI, additionally the inability to manually edit it.

Trevor
Overall rating
  • Industry: Education Management
  • Company size: 51–200 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Good Product - Takes Time

Reviewed on 2023/08/19

It has been a phenomenal value add for our organization. Our team finds it incredibly helpful to...

It has been a phenomenal value add for our organization. Our team finds it incredibly helpful to use in thinking through multiple scenarios.

Pros

The flexibility of Datarails is fantastic. We’ve been able to draw in multiple data sources to present a clear picture of our financial situation with the additional context.

Cons

The onboarding process can take a few months. You are told upfront that it takes about 3 months. In our case, it took us about 6 months of working daily with their team to be ready to go. They were very supportive, but it does take time.

Shelly
Overall rating
  • Industry: Farming
  • Company size: 11–50 Employees
  • Used Monthly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Tons of Features

Reviewed on 2023/08/22

Pros

The customer service has been oustanding from the beginning. The platform is completely customizable.

Cons

There is a lot to learn, because it's a rich environment. But there is plenty of support to help you figure it out.

Response from Datarails

Thank you for your review Shelly!

Tiffany
Overall rating
  • Industry: Industrial Automation
  • Company size: 201–500 Employees
  • Used Monthly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

mce tm

Reviewed on 2021/12/27

Wonderful, they have been there for us from the beginning, and are still there when we need...

Wonderful, they have been there for us from the beginning, and are still there when we need assistance. [SENSITIVE CONTENT] has been amazing to work with.

Pros

The customization. I can take a blank excel sheet and convert it into a report that I want to see, with the data that I need.

Cons

There are times that you have to have patience. The refresh can take a little bit of time, especially when there are a lot of tabs in a file. But, the support that we receive for the DataRails is astounding.

Response from Datarails

Thanks a lot, Tiffany. Datarails is truly a great tool but we are sure that it would not have been the same without the guidance, hard work & dedication of you & Paul - being able to create new and insightful reports on your own.

Frank
Overall rating
  • Industry: Real Estate
  • Company size: 201–500 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Fantastic Product! Highly Recommend!

Reviewed on 2022/03/10

Terrific experience! I highly recommend DataRails! The product is amazing, the support is industry...

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

Pros

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

Cons

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

Eran
Eran
Overall rating
  • Industry: Internet
  • Company size: 51–200 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

A great tool for financial planning

Reviewed on 2021/12/22

Wow. Such a great tool to bring logic from Excel to the web. I love it.
It's also nice having...

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.

Pros

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

Cons

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.

Response from Datarails

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.

Catherine
Catherine
Overall rating
  • Industry: Medical Practice
  • Company size: 10,000+ Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Awesome tool for a great price

Reviewed on 2019/08/07

We've integrated DataRails within our finance department and it's just been great. For departments...

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.

Pros

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!

Cons

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

Response from Datarails

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.