We’re still in the very early stages of using the Datarails platform, but the biggest benefit so far has been its ability to consolidate financial data across our many lines of business. It brings information from multiple sets of books into one place, which makes it much easier for us to produce a truly consolidated financial portfolio
Seamless integration of all data files through user created mapping and functions. Clear and easy target v actual visuals and viewer friendly with layers of data visible for the rest of the organisation. Totally customisable - use it however you want!
We have not yet integrated any of our systems due to being in a niche industry however manual upload works fine for what we need to prepare the management accounts, branch reporting/apportionment and tracking budgets v actuals for over 20 depots.
Pricing is steep with being a marginal business for the add on products and as yet we have not tried any of these. They do have a good offering however and would consider using at a lower price. The core function and dashboarding has helped us gain visibility of our transport and logistics data and has helped us gain efficiency helping our productivity metrics. Also helped saved time on our month end processes as it is now set up to create our depot P&L reporting and apportionment for us (saves at least a day a month).
Support is one of the best I've ever used. Gets back to you incredibly quickly and support assistants are very knowledgeable.
AI Panda's need a lot of configuration and we can;t get them to work properly for our data, storyboard commentary is also a bit weak and sometimes incorrect so we don't use these. However we are due to have a a demo of the new AI Connector which we've been assured is a strong performer.
System reliability across the team is good, although a bit laggy/slow at times. We have a lot of data in the system and a lot of mappers/complex data tables feeding one another and this can sometimes take a long time to reconfigure the data if an update is made to the mappers. Speed could be better.
Datarails is a financial planning and analysis platform that automates financial reporting and planning, while enabling finance teams to continue benefiting from the familiar spreadsheets and financial models of Excel. Automating these time-consuming manual processes paves the way for finance teams to spend more time analyzing data and less time gathering it. And it empowers them to answer essential strategic questions like what their organization can do to increase revenue and reduce expenses.