Compare Datarails and FloQast

At a Glance
Datarails
Datarails
Star Rating
(309)4.6 out of 5
Market Segments
Mid-Market (73.3% of reviews)
Information
Pros & Cons
Entry-Level Pricing
Contact Us
Browse all 3 pricing plans
FloQast
FloQast
Star Rating
(1,407)4.6 out of 5
Market Segments
Mid-Market (58.5% of reviews)
Information
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about FloQast
AI Generated Summary
AI-generated. Powered by real user reviews.
  • G2 reviewers report that FloQast excels in streamlining the month-end close process, with users highlighting its ability to make this task "very easy, fast, simple, and organized." The automation of reconciliation significantly reduces manual work, which is a major plus for finance teams.
  • Users say that Datarails offers strong capabilities for consolidating complex financial data, making it a valuable tool for organizations with multi-layered business models. Reviewers appreciate its integration with Excel, which enhances reporting and analysis, although some noted initial support issues that were resolved quickly.
  • According to verified reviews, FloQast's implementation process is praised for being intuitive and efficient, with users mentioning that it has become a "one-stop shop" for CFO organizations. This ease of setup is a significant advantage for teams looking to minimize downtime during onboarding.
  • Reviewers mention that while Datarails has a user-friendly interface, it sometimes lacks the depth of automation found in FloQast. Users have expressed a desire for more advanced features to streamline their workflows further, particularly in areas like reconciliation and data collection.
  • G2 reviewers highlight that FloQast's support quality is exceptional, with a high satisfaction score reflecting its responsiveness and helpfulness. Users have noted that the platform acts as a reliable partner in business, enhancing their overall experience.
  • Users report that Datarails, while effective for financial reporting, could improve in areas like automation and compliance. Some users feel that it doesn't match the level of efficiency that FloQast provides, particularly in automating routine tasks and reducing manual data entry.
Pricing
Entry-Level Pricing
Datarails
Datarails FP&A Premium
Contact Us
Browse all 3 pricing plans
FloQast
No pricing available
Free Trial
Datarails
No trial information available
FloQast
No trial information available
Ratings
Meets Requirements
8.7
278
9.1
1,171
Ease of Use
8.0
285
9.3
1,181
Ease of Setup
7.6
244
8.9
635
Ease of Admin
8.2
175
9.1
440
Quality of Support
9.3
271
9.4
1,052
Has the product been a good partner in doing business?
9.2
174
9.6
435
Product Direction (% positive)
9.5
282
9.5
1,120
Features by Category
Not enough data
7.1
296
General Ledger
Not enough data
6.8
252
Not enough data
7.6
258
Not enough data
8.4
274
Accounts Receivable
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Accounts Payable
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Other Functionality
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
7.2
243
Not enough data
6.7
240
Not enough data
9.0
276
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Reporting & Analytics
Not enough data
7.0
234
Not enough data
6.9
232
Not enough data
Feature Not Available
Not enough data
8.7
254
Platform
Not enough data
7.7
253
Not enough data
8.5
261
Not enough data
8.7
265
Not enough data
7.4
227
Not enough data
8.9
268
Not enough data
7.7
226
Integration
Not enough data
8.2
247
Not enough data
7.8
240
Not enough data
7.3
223
Cash Flow
Not enough data
6.4
211
Not enough data
6.6
212
Not enough data
7.4
215
Budgeting & Forecasting
Not enough data
Feature Not Available
Not enough data
7.2
214
Not enough data
6.5
208
Not enough data
7.0
208
Revenue
Not enough data
6.5
204
Not enough data
6.4
204
Not enough data
6.7
205
Payroll
Not enough data
5.5
186
Not enough data
5.2
183
Not enough data
5.4
180
Not enough data
7.0
188
AI
Not enough data
6.6
109
Not enough data
6.3
107
Not enough data
6.4
106
Not enough data
6.4
105
Not enough data
6.4
104
Not enough data
6.6
104
Not enough data
7.1
106
Not enough data
6.7
105
Not enough data
7.0
106
Not enough data
6.6
107
Mobile Applications - Accounting
Not enough data
7.4
83
Not enough data
7.3
84
Not enough data
7.3
83
Not enough data
6.7
83
Not enough data
6.7
82
Not enough data
6.7
83
Agentic AI - Accounting
Not enough data
6.9
77
Budgeting and ForecastingHide 20 FeaturesShow 20 Features
8.2
201
Not enough data
Budget Creation
9.1
169
Not enough data
8.5
136
Not enough data
8.9
140
Not enough data
8.5
153
Not enough data
7.8
117
Not enough data
8.7
139
Not enough data
Budget Management
8.8
157
Not enough data
8.3
129
Not enough data
8.0
125
Not enough data
Forecasting
8.8
141
Not enough data
8.2
127
Not enough data
8.3
125
Not enough data
8.2
124
Not enough data
6.7
89
Not enough data
Analytics
8.4
142
Not enough data
8.4
128
Not enough data
8.2
118
Not enough data
Agentic AI - Budgeting and Forecasting
7.1
33
Not enough data
7.1
33
Not enough data
7.4
35
Not enough data
8.4
180
Not enough data
Data Management
9.1
164
Not enough data
9.0
169
Not enough data
8.6
158
Not enough data
Reporting Structure
8.5
140
Not enough data
8.1
147
Not enough data
8.4
148
Not enough data
Standard Analytics
8.3
136
Not enough data
8.3
145
Not enough data
8.7
152
Not enough data
8.9
158
Not enough data
Custom Analytics
8.4
156
Not enough data
8.4
135
Not enough data
8.8
152
Not enough data
8.2
148
Not enough data
8.6
103
Not enough data
Agentic AI - Financial Analysis
7.4
30
Not enough data
7.1
28
Not enough data
8.7
6
Not enough data
Cash Flow Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Cash Flow Forecasting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Analytics
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Financial Data Transfer
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
8.7
5
Not enough data
Agentic AI - Cash Flow Management
Not enough data
Not enough data
7.5
89
7.9
843
Reconciliation
8.9
77
|
Verified
8.3
654
|
Verified
8.7
74
|
Verified
8.8
715
|
Verified
8.8
34
8.6
746
|
Verified
Reporting
8.4
78
|
Verified
7.8
641
|
Verified
8.1
79
|
Verified
8.1
644
|
Verified
8.4
79
|
Verified
7.8
586
|
Verified
Closing Process
7.6
61
|
Verified
8.8
670
|
Verified
7.0
60
|
Verified
7.9
610
|
Verified
7.8
63
|
Verified
7.8
537
|
Verified
AI - Financial Close
6.1
11
7.2
59
6.4
11
7.2
59
6.2
11
7.5
58
6.7
11
7.1
59
6.3
12
7.2
59
FP&A (Financial Planning & Analysis)Hide 16 FeaturesShow 16 Features
8.3
123
Not enough data
Financial Planning
8.0
79
|
Verified
Not enough data
8.8
87
|
Verified
Not enough data
8.7
90
|
Verified
Not enough data
Agentic AI - FP&A (Financial Planning & Analysis)
6.8
28
Not enough data
7.2
29
Not enough data
Financial Insight
8.2
96
|
Verified
Not enough data
8.0
96
|
Verified
Not enough data
8.1
95
|
Verified
Not enough data
Data
8.7
103
|
Verified
Not enough data
8.8
103
|
Verified
Not enough data
9.1
111
|
Verified
Not enough data
8.3
101
|
Verified
Not enough data
Status Communication
8.3
95
|
Verified
Not enough data
9.1
96
|
Verified
Not enough data
9.0
101
|
Verified
Not enough data
8.2
32
Not enough data
Not enough data
7.4
32
Generative AI
Not enough data
5.8
26
Not enough data
6.0
26
Workflows - Audit Management
Not enough data
8.8
30
Not enough data
7.9
28
Not enough data
8.1
29
Not enough data
6.5
28
Not enough data
7.1
27
Documentation - Audit Management
Not enough data
7.3
27
Not enough data
8.3
29
Reporting & Analytics - Audit Management
Not enough data
7.8
28
Not enough data
7.7
27
Not enough data
7.7
27
Financial ReconciliationHide 17 FeaturesShow 17 Features
9.6
8
7.7
303
Reconciliation - Financial Reconciliation
9.2
6
8.0
279
Not enough data
7.0
266
Not enough data
7.7
263
Not enough data
6.9
260
Audit - Financial Reconciliation
Not enough data
8.6
278
Not enough data
8.4
276
Not enough data
7.8
269
Not enough data
8.7
268
Integrations - Financial Reconciliation
9.7
5
8.5
277
Not enough data
6.3
252
10.0
5
7.6
268
Not enough data
6.6
257
User Permissions and Security - Financial Reconciliation
Not enough data
8.2
268
Not enough data
8.2
269
Not enough data
7.7
257
Not enough data
7.8
262
Agentic AI - Financial Reconciliation
Not enough data
7.3
59
Accounting & FinanceHide 1 FeatureShow 1 Feature
Not enough data
Not enough data
Agentic AI - Accounting & Finance
Not enough data
Not enough data
Categories
Categories
Shared Categories
Datarails
Datarails
FloQast
FloQast
Datarails and FloQast are categorized as Financial Close and Financial Reconciliation
Unique Categories
FloQast
FloQast is categorized as Accounting and Audit Management
Reviews
Reviewers' Company Size
Datarails
Datarails
Small-Business(50 or fewer emp.)
20.1%
Mid-Market(51-1000 emp.)
73.3%
Enterprise(> 1000 emp.)
6.6%
FloQast
FloQast
Small-Business(50 or fewer emp.)
19.0%
Mid-Market(51-1000 emp.)
58.5%
Enterprise(> 1000 emp.)
22.5%
Reviewers' Industry
Datarails
Datarails
Financial Services
7.6%
Hospital & Health Care
6.6%
Manufacturing
5.0%
Construction
5.0%
Accounting
4.6%
Other
71.3%
FloQast
FloQast
Accounting
22.1%
Computer Software
12.0%
Information Technology and Services
8.9%
Financial Services
4.7%
Biotechnology
3.1%
Other
49.2%
Alternatives
Datarails
Datarails Alternatives
Prophix Software
Prophix Software
Add Prophix Software
Vena
Vena
Add Vena
Planful
Planful
Add Planful
Cube
Cube
Add Cube
FloQast
FloQast Alternatives
BlackLine Financial Close Management
BlackLine Financial Close...
Add BlackLine Financial Close Management
Workiva
Workiva
Add Workiva
Vena
Vena
Add Vena
Adra by Trintech
Adra by Trintech
Add Adra by Trintech
Discussions
Datarails
Datarails Discussions
Monty the Mongoose crying
Datarails has no discussions with answers
FloQast
FloQast Discussions
Will FloQast replace our excel reconcilations?
1 Comment
TP
No, it won't replace them, it will link to them, and to your ERP system to bring them together in one place. That is what we really like about FloQast - we...Read more
Will FloQast be compatible with my existing ERP/ GL System?
1 Comment
Robyn W.
RW
FloQast integrates with many systems so there would be no need to export a TB manually. If you're using NetSuite or Sage Intacct you would connect directly....Read more
What is the best way to automate trial balance uploads?
1 Comment
Sarah  S.
SS
FloQast offers a feature called FloQast Connect that will automate your trial balance uploads. This allows organizations with on-premise legacy or enterprise...Read more