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Datarails

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Company health

Employee growth
33% increase in the last year
Web traffic
24% increase in the last quarter
Financing
November 2021 - $104M

Ratings

G2
4.7/5
(155)
Glassdoor
4.2/5
(115)

Datarails description

Datarails is a financial planning and analysis platform designed for companies who love using Excel. It lets businesses continue to use their spreadsheets while adding automation, data visualization, and reporting tools. Datarails integrates with popular accounting and business software to centralize financial information. This helps mid-sized businesses, particularly their finance teams, save time on tasks like financial reporting, budgeting, and forecasting, and allows them to focus on strategy and analysis.


Who is Datarails best for

Datarails is a financial planning and analysis platform built for Excel lovers. It allows continued spreadsheet use while adding automation, visualization, and reporting. Datarails integrates with common business software, helping mid-sized businesses centralize financial data. Users praise its automated reporting and user-friendly design, but some find the Mac version less performant. Ideal for finance teams seeking to streamline reporting, budgeting, and forecasting.

  • Best fit for mid-sized businesses.

  • Suitable for various industries, but no specific industry focus.


Datarails features

Supported

Datarails allows importing, processing, analyzing, and visualizing data from Excel.

Supported

Datarails supports data visualization with charts, tables, and graphs.

Supported

Datarails offers interactive customizable dashboards to visualize financial data and track key metrics.

Supported

Datarails can connect to various sources via API, SQL, FTP, and email.

Supported

Datarails offers automated reporting, data visualization, and consolidation, suitable for e-commerce.

Supported

Datarails supports budgeting, forecasting, and financial planning, including scenario analysis.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Customer Service

Strongly positive
+0.94

Ease of Use

Strongly positive
+0.92

Reliability and Performance

Rather positive
+0.47

Ease of Implementation

Neutral
+0.07

Scalability

Rather negative
-0.33

Datarails reviews

We've summarised 155 Datarails reviews (Datarails G2 reviews) and summarised the main points below.

Pros of Datarails
  • Automated data sync and immediate report generation saves time and aids decision-making.
  • User-friendly interface and intuitive design.
  • Excellent customer support; knowledgeable and responsive team.
  • Flexible report mapping and creation, especially beneficial for multi-site entities with different currencies.
  • Streamlines and automates monthly financial reporting and data validation.
Cons of Datarails
  • Mac add-on has significantly worse performance.
  • Full flexibility can sometimes be overwhelming.
  • Creating custom logic for calculations can be difficult.
  • Dashboard text widgets do not support images.
  • Difficulty mapping certain document types.

Datarails pricing

The commentary is based on 6 reviews from Datarails G2 reviews.

Datarails offers customized pricing based on the specific needs of each business. Factors influencing the price include the desired use cases (financial reporting, planning, or analysis goals), the number of users, and the required integrations. The pricing page does not list specific plans or pricing tiers.

Users sentiment

Strongly positive
+1

See the Datarails pricing page.


Datarails alternatives

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  • Logo of Abacum
    Abacum
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  • Logo of Solver
    Solver
    Cloud-based financial planning: budgeting, forecasting, reporting, analysis.
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    Planful
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  • Logo of Pigment
    Pigment
    AI-powered business planning for faster, smarter decisions.
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Datarails FAQ

  • What is Datarails and what does Datarails do?

    Datarails is a financial planning and analysis platform built for Excel users. It centralizes financial data, automates reporting, and facilitates budgeting and forecasting, enabling finance teams in mid-sized businesses to focus on strategic analysis. It integrates with various business software and is praised for its user-friendly interface and excellent customer support.

  • How does Datarails integrate with other tools?

    Datarails integrates with various data sources through API, SQL, FTP, and email connections. It also offers seamless Excel integration, allowing users to import, process, analyze, and visualize data directly within their spreadsheets. This broad data access enables centralized financial information management.

  • What the main competitors of Datarails?

    Top Datarails competitors include AchieveIt, PivotXL, Rhythm, Velixo, JustPerform, and Smartsheet. These alternatives offer similar financial planning, reporting, and analysis capabilities, often with Excel integration and automation features.

  • Is Datarails legit?

    Yes, Datarails is a legitimate financial planning and analysis platform. It's known for its Excel integration, automation features, and positive customer support. However, some users have noted performance issues with the Mac add-on and occasional difficulties with custom calculations.

  • How much does Datarails cost?

    Datarails does not publicly disclose pricing information. Contact their sales team for a customized quote based on your specific business needs and to determine if Datarails is worth the investment.

  • Is Datarails customer service good?

    Datarails customers consistently praise the excellent customer support, describing the team as knowledgeable, responsive, and helpful. Users also appreciate the readily available guidance and quick response times, even during implementation. While some mention initial challenges, the support team effectively resolves issues, creating a positive overall experience.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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