DataRails Reviews & Product Details

DataRails Overview

What is DataRails?

DataRails is a financial solution designed for SMEs that turns manual monthly and quarterly reporting processes into automated ones. The solution allows organizations to move towards working with a cloud-based financial product, all while end-users continue working on their usual Excel files, as they have up until now. The solution connects to all organizational systems including your ERP, CRM, HRIS, as well as complex Excel files, and consolidates all of this data in one cloud-based database. DataRails automates various financial transformations including FX conversions, eliminations, hierarchies, financial adjustments, and more. With DataRails, finance professionals can conduct advanced investigations into their data to extract formerly unattainable insights, and enjoy a 360 degree view of all unified organizational data all while continuing to work in Excel as they’re used to. Upon finishing analyses, finance professionals can share their results with various colleagues and management thanks to an online dashboard or live, interactive charts and tables within Powerpoint that are connected in real-time to databased numbers.

DataRails Details
Website
Languages Supported
English
Product Description

Data Integrity for Spreadsheets. DataRails is a spreadsheet management solution for financial organizations.


Seller Details
Seller
DataRails
Company Website
Year Founded
2015
HQ Location
Rishon Letziyon, Israel
Twitter
@datarails
239 Twitter followers
LinkedIn® Page
www.linkedin.com
34 employees on LinkedIn®
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DataRails Screenshots

DataRails Reviews

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Group CFO
Information Technology and Services
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best?

We have so much data at our disposal but previously didn't always know how to look at it. Thanks to DataRails we can easily access it all, compare and contrast between budgets and actuals, and decide how we want to go forward If you're looking to improve decision-making, DataRails is your tool. In my department we plan at a granular level and DataRails helps make the process even more effective, which helps us make better decisions. Review collected by and hosted on G2.com.

What do you dislike?

I'd be happy for there to be more software updates Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

Trying to manage many different P&Ls can be challenging, but with DataRails the challenge is significantly reduced. DataRails helps us standardize reporting and analysis. It lets us compare plans and forecast reliably. Since we plan at a granular level, with DataRails we can do so accurately, consistently, reliably, etc. If you work in finance this tool will change your life. Review collected by and hosted on G2.com.

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Director of Customer Success
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best?

Flexible planning, comprehensive reporting, easy forecasting. Review collected by and hosted on G2.com.

What do you dislike?

Requires some serious knowledge of Excel but I guess that’s the point. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

Keep using Excel while also updating financials with the click of a button. I feel so much more confident in the work I do with this tool. It’s such an enabler, helping me see things I couldn’t see in the same way before. Review collected by and hosted on G2.com.

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Founder & CEO
Marketing and Advertising
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best?

It’s easy-to-use so we don't need any expensive technical people to maintain it, time-saving platform. Enables transparency and accountability Review collected by and hosted on G2.com.

What do you dislike?

As great as it is, occasionally it crashes Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

The platform lets us aggregate large amounts of data in a controlled environment. The cell level audit trail is a brilliant feature that we use extensively. A really smart tool that helps us plan better, we’re running all FPA processes with this tool. Review collected by and hosted on G2.com.

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UC
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best?

Continuously updated with new features and has everything I need.

Great support from the team. Review collected by and hosted on G2.com.

What do you dislike?

Missing an integration with our ERP so we had to use an automated export/import Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

This tool is a must for any dynamic business. Gave us the comfort of continued Excel use. I could not be happier with this cloud-based solution. Review collected by and hosted on G2.com.

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