DataRails

A spreadsheet management solution that is redefining FP&A.

5 /5 (16 reviews) Write a Review!

DataRails Overview

What is DataRails?

DataRails’ finance solution revolutionizes the way FP&A work is done. With DataRails' patented technology, consolidate and store all Excel based data on a cloud-based centralized database. Optimize Excel-based processes including budgeting, forecasting, planning, and revenue performance management through automation, all without changing the way you work.

-Automate tedious consolidation processes, save time, and accelerate work cycles.
-Get the full story behind your figures: inspect a cell-level audit trail, compare any two spreadsheets from any point in time, and enjoy full version control.
-Perform variance, horizontal, and vertical analyses. Utilize drill-downs and slice and dice data to the lowest level line-item to extract previously inaccessible insights.

With DataRails' effortless, automated, and accurate solution, spend less time putting numbers together and more time thinking about what they mean.

DataRails includes full and comprehensive spreadsheet data integrity and version management features to help organizations meet the highest standards and a zero-error environment. Tools include logical version comparison with unique algorithms, cell drill-downs for a detailed, interactive diagram of all cells’ dependencies, and spreadsheet error prevention. DataRails also automatically stores every saved spreadsheet version in a centralized database, allowing prior versions to be accessed anytime.

Organizations can address spreadsheet compliance management and mitigate risk through features including spreadsheet transformation, a full spreadsheet audit trail, spreadsheet data loss prevention, and real-time alerts. Users can gain control of unstructured spreadsheet-based processes through real-time dashboards that can be shared with colleagues, as well as features such as automated data distribution and collection, scenario analysis, and more.

DataRails Overview

Pricing

Starting from
N/A

Pricing options

Free Trial
Subscription
Value for money

Contact DataRails for detailed pricing information.


DataRails Features

Devices
Business size
S M L
Markets
United States
Supported Languages
English

Media

Discover newfound insights
Keep tabs on all your data
Ensure you're always working with the right numbers
Budgeting made easy
Always stay in control
DataRails screenshot: Discover newfound insights DataRails screenshot: Keep tabs on all your data DataRails screenshot: Ensure you're always working with the right numbers DataRails screenshot: Budgeting made easy DataRails screenshot: Always stay in control

DataRails Reviews

DataRails Reviews

Overall rating
5
/
5
Excellent
16

Very good
0

Average
0

Poor
0

Terrible
0

Value for Money
4,9
Features
4,9
Ease of Use
4,9
Customer Support
4,9
100% recommended this app
Eric N.

Love this useful, insightful product

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.


Verified Reviewer

Best investment for our finance team

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


Verified Reviewer

Capacity routing management in Teva

manage complicated excel templates with 16 sites in one database, by giving managerial dashboards to reflect the utilizations and UnOB per each product. production line or site levels.


Verified Reviewer

Best financial tool out there, dependable and accurate

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.


Verified Reviewer

Product is best in the business

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.


Eric N.
Industry: Financial Services
Company size: 5 001-10 000 Employees

Love this useful, insightful product

Used Weekly for 1+ year
Reviewed on 2019/08/13
Review Source: Capterra

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.

Pros

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

Cons

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

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Verified Reviewer
Industry: Construction
Company size: 1 001-5 000 Employees

Best investment for our finance team

Used Daily for 2+ years
Reviewed on 2019/08/14
Review Source: Capterra

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

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Verified Reviewer
Industry: Pharmaceuticals
Company size: 10 000+ Employees

Capacity routing management in Teva

Used Weekly for 1+ year
Reviewed on 2019/03/06
Review Source: Capterra

manage complicated excel templates with 16 sites in one database, by giving managerial dashboards to reflect the utilizations and UnOB per each product. production line or site levels.

Pros

Version management from several locations on the globe, when end user works in same excel template. dashboards and visually interface for users.
privileges management is easy to manage

Cons

Some time the badge does not appears correctly on my computer and I cannot save into Datarails.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

Verified Reviewer
Industry: Logistics & Supply Chain
Company size: 10 000+ Employees

Best financial tool out there, dependable and accurate

Used Weekly for 1+ year
Reviewed on 2019/08/10
Review Source: GetApp

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.

Pros

-There are many ways to manipulate and look at your data

-Drill downs are amazing. Can look at the smallest of variables.

-Can work on both Excel and their Insights feature depending on what I want

-Easy to use

-Easy to connect with our ERP system

Cons

Sometimes it was buggy when logging out. Other than that I can't think of any other notable cons, it really is a great system.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Verified Reviewer
Industry: Information Technology & Services
Company size: 1 001-5 000 Employees

Product is best in the business

Used Daily for 2+ years
Reviewed on 2019/08/28
Review Source: GetApp

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.

Pros

Using DataRails I can visualize data that I previously didn't have access to, this is by far the biggest pro-you can tap into data you've always had but previously couldn't work with. Other than that it's really easy to use, implementation is not lengthy, great customer service.

Cons

Occasionally freezes but I figure that happens with any sort of system

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

User recommendation
9,9/10
Based on 16 user ratings
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DataRails Pricing

DataRails Pricing

Starting from
N/A
Free Trial
Subscription
Value for money

Contact DataRails for detailed pricing information.

Contact DataRails for detailed pricing information.

Value for Money
4,9/5
Based on 16 user ratings
Compare value for money rating with alternatives
Compare with alternatives

DataRails Features

DataRails Features

API
Access Control
Activity Dashboard
Activity Tracking
Automatic Notifications
Chat
Collaboration Tools
Collaborative Workspace
Commenting
Customizable Branding
Document Management
Document Storage
Drag & Drop Interface
File Management
Permission Management
Projections
Reporting & Statistics
Search Functionality
Third Party Integration
Workflow Management
Features
4,9/5
Based on 16 user ratings
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Categories

Additional information for DataRails

Additional information for DataRails

Key features of DataRails

  • Archiving & Retention
  • Audit Trail
  • Sarbanes-Oxley Compliance
  • Version Control

Benefits

• DataRails provides a full and comprehensive spreadsheet data integrity and version management solution to meet the highest standards that a zero-error environment demands.

• Address spreadsheet compliance management and mitigate risk with DataRails.

• Turn your historical spreadsheet versions into a clear trend-over-time chart by pulling selected KPI’s from numerous versions of your spreadsheets with a single click.

• DataRails gives you control of unstructured spreadsheet-based processes. Get a clear picture of your team’s status, automate data consolidation, and obtain real-time insights from your spreadsheet data.

• Easily understand the root cause of the bottom line result changes using DataRails’ enterprise level audit trail.

DataRails FAQs

DataRails FAQs

Below are some frequently asked questions for DataRails.

Q. What type of pricing plans does DataRails offer?

DataRails offers the following pricing plans:

Pricing model: Subscription

Free Trial: Not Available

Contact DataRails for detailed pricing information.

Q. What are the main features of DataRails?

DataRails offers the following features:

  • Archiving & Retention
  • Audit Trail
  • Sarbanes-Oxley Compliance
  • Version Control

Q. Who are the typical users of DataRails?

DataRails has the following typical customers:

Small Business, Large Enterprises, Mid Size Business

Q. What languages does DataRails support?

DataRails supports the following languages:

English

Q. What type of pricing plans does DataRails offer?

DataRails has the following pricing plans:

Subscription

Q. Does DataRails support mobile devices?

We do not have any information about what devices DataRails supports

Q. What other apps does DataRails integrate with?

DataRails integrates with the following applications:

Microsoft Excel

Q. What level of support does DataRails offer?

DataRails offers the following support options:

Phone Support, Online Support