DataRails is a financial planning platform that accelerates budgeting, forecasting, and reporting efficiently. Bid farewell to clunky spreadsheets and embrace its streamlined processes, impeccable data accuracy, and real-time insights. It centralizes data, integrates cutting-edge analytics, and automates financial workflows. Revolutionize your business's financial planning with DataRails today.

DataRails Specifications

Financial Reporting

Invoice Management

Expense Tracking

Tax Management

View All Specifications

What Is DataRails?

Overview

DataRails is designed to provide personalized Excel modules for financial planning and analysis. This platform offers an AI-powered FP&A (financial planning and analysis) solution that streamlines data consolidation, reporting, and planning tasks. With DataRails, finance teams can effectively automate these manual processes while still being able to utilize their existing Excel spreadsheets and financial models. By integrating with several third-party ERP and CRM solutions, DataRails serves as a consolidated data management hub.

DataRails Pricing

As per the number of users and integrations, DataRails cost varies for each business. You can get a personalized price quote for DataRails accounting software for your business.

DataRails Integrations

DataRails software integrates with various third-party applications, including:

  • Power BI
  • Xero
  • Snowflake
  • Sage Intacct
  • Oracle NetSuite
  • Quickbooks Online
  • Shopify
  • Dynamics 365

Who Is DataRails For?

DataRails is used in various industries, including:

  • Healthcare
  • Logistics
  • Financial services
  • Manufacturing
  • Construction
  • HR and payroll
  • Information technology and services
Watch DataRails demo to learn more about its functionalities.

Is DataRails Right For You?   

DataRails is a reliable choice as software for managing intricate financial modules for Excel users. It can effortlessly collect and consolidate business information, generate visualizations from multiple spreadsheet sources, and seamlessly integrate Excel files with the company's business intelligence solution. All of these with its exclusive AI-powered and automated tools. Businesses can elevate their spreadsheet capabilities and unlock new data analysis and efficiency levels with DataRails.

Still unsure about DataRails? Contact us at (661) 384-7070 for further details about its services.

DataRails Features

A centralized dashboard of DataRails provides a comprehensive overview of your financial data. You can monitor live KPIs and track progress with its real-time dashboard updates. DataRails allows you to share dashboards with your teams to help them make informed decisions.

how it worksSee How It Works

This feature is your key to maintaining a detailed record of all changes made to your spreadsheets. It not only ensures transparency but also fosters accountability. With its tools, you can track modifications, view historical data, and perform accurate financial analysis.

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Leverage DataRails' ad hoc analysis capabilities to perform on-the-fly analysis. This facilitates exploring and integrating data in real-time to create custom reports and gain valuable insights for strategic decision-making.

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DataRails effectively helps manage your company's cash flow. You can monitor cash inflows and outflows, track financial transactions, and optimize liquidity management. Its accuracy and swiftness ensure financial stability and maximize profitability.

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With DataRails, budgeting becomes a collaborative and data-driven process. Team members can seamlessly work together, customize budget templates, allocate resources, and track actual versus planned expenses. This promotes improved financial planning and control, making budgeting more efficient and effective than ever before.

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Pros and Cons of DataRails

Pros

  • Seamless integration with accounting softwares
  • Flexible reporting tools
  • Insightful data management
  • Intuitive and visualized dashboard

Cons

  • Steep learning curve, as per DataRails reviews
  • Loading images and media files could be faster

DataRails Reviews

Overall Rating

4.8

25 Review(s)

Rating Distribution

5

star

(19)

4

star

(6)

3

star

2

star

1

star

June 2024

Datarails Review

Justin

Oil & Energy

Ease of use

10

Value for money

10

Customer Support

10

Functionality

9

Pros

I really enjoyed the flexibility provided by Datarail to integrate Excel files into the dashboards without relying solely on DR widgets or formulas.

Cons

In my opinion, there are some areas that could use improvement for a better user experience, but nothing that breaks the functionality. Specifically, I would like to see more options available in the widgets and dashboards.

June 2024

Datarails review

Cynthia

Accounting

Ease of use

9

Value for money

10

Customer Support

10

Functionality

10

Pros

Being able to create an Excel template and then delegate the weekly creation to a lower-cost resource is a great advantage.

Cons

We had a positive experience during the implementation process, although there were moments of frustration. This was mainly due to the learning curve we all faced, including our implementation specialist, as we worked towards achieving our business objectives.

May 2024

Datarails Review

Garry

Biotechnology

Ease of use

10

Value for money

9

Customer Support

10

Functionality

10

Pros

The support we receive from Customer support team is truly the best.

Cons

I found that the Storyboards do not integrate well with Powerpoint.

May 2024

Best FPA Tool on the market

daniel

Real Estate

Ease of use

9

Value for money

10

Customer Support

10

Functionality

10

Pros

Flexibility with Excel is crucial for me, as I find it easy to use and scalable.

Cons

The integration with Sage is not flawless and requires workarounds.

April 2024

Great product

MATTHEW

Security and Investigations

Ease of use

9

Value for money

10

Customer Support

10

Functionality

10

Pros

The implementation process was smooth and cost-effective, and the support has been great. They also keep adding new features, which is a bonus.

Cons

As a typical Excel user, it took some time to get used to DR formulas. It would be great if I could simply copy and paste Excel formulas into DR and have them automatically translated into DR formulas.

April 2024

Experience with Datarail

Quentin

Mechanical or Industrial Engineering

Ease of use

9

Value for money

9

Customer Support

10

Functionality

10

Pros

Datarail platform offers flexibility and intuitiveness which I really like. Working with their support team has been nothing but positive, as they always respond promptly to my questions.

Cons

It would be wonderful to have a Datarail team that could recreate our financial package from the Excel version, as this process can be quite time-consuming.

April 2024

Good, but training could be better

Dustin

Hospital & Health Care

Ease of use

7

Value for money

8

Customer Support

10

Functionality

7

Pros

DataRails implementation of Excel is fantastic, although it can be a bit laborious to achieve efficiency.

Cons

One frustration is the inability to determine my user type and access level. There have been instances where I was trying to perform a certain task but realized I didn't have the necessary access. Additionally, the concepts of File Boxes, Data Mapping, and integrations can be confusing and overwhelming. Clearer guidance by the team would be welcoming.

March 2024

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

Anonymous

Not Specified

Ease of use

9

Value for money

10

Customer Support

10

Functionality

9

Pros

If you need to stay within your Excel environment, Datarail offers low change management. Their technology allows you to leverage your spreadsheets, formulas, and financial models seamlessly. The implementation process was also very intuitive.

Cons

The tool's customizability is a double-edged sword. It offers great flexibility, but it also requires a fair amount of technical proficiency to use it properly beyond standard use cases.

March 2024

Datarails Review

Madison

Hospital & Health Care

Ease of use

10

Value for money

10

Customer Support

10

Functionality

7

Pros

One of the things I love is the option to create and store multiple reports in one easily accessible platform. With the volume of reports our team produces, it's beneficial to have a single place to report from.

Cons

We have encountered limitations when creating certain types of dashboards in the system. Some files cannot be aggregated due to data type restrictions, which is crucial for several of our reports. The file mapping process can also become confusing when additional columns are added, requiring us to reconfigure the mapping. This becomes problematic when our historical data does not contain the exact same data, leading to issues.

February 2024

Datarails has become an integral part of our management reporting framework

Anonymous

Not Specified

Ease of use

10

Value for money

7

Customer Support

10

Functionality

8

Pros

Datarail seamlessly integrates with essential business applications and offers robust reporting and dashboarding capabilities. It also integrates well with Excel, enabling advanced data manipulation and analysis.

Cons

During the early stages of implementation, we discovered a limitation in the volume of data we could effectively process and analyze with Datarails. However, the implementation team was instrumental in helping us reconfigure workflows, limit the data exposed to Datarails, and ultimately find a good, workable solution.

Frequently Asked Questions

DataRails offers a subscription model, with prices depending on the number of users and integrations. You can request a custom DataRails pricing estimate for your business.