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About DataRails

DataRails is a smart analysis and financial planning tool for Excel users who want to profit from financial automation. It enables you to easily collect, report, and analyse data, estimate future financials and plan operations appropriately. With DataRails, you can automate data gathering for your financial and operational data, regardless of the style or form. This comprises Sales, GL, Forecast, Budget and any other data produced by a business system or stored in a spreadsheet. You can break any piece of data directly from inside your current Excel spreadsheets to get to the bottom of it. Instead of keeping several copies of your worksheet, you can save all of them in a database to view various aspects of your data with DataRails. Users can gain real-time data slicing and dicing for analysis and reporting. Using a web-based real-time dashboard, you can share your findings with your team and management. You can automate depreciation and amortisation calculations and keep track of capital expenditures. Additionally, to effectively plan and manage future expenditures, you can also get a real-time analysis of OPEX.

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Pricing

Platforms Supported

  • Browser Based (Cloud)
  • Desktop App (Windows)

Organization Types Supported

  • All (Small, Medium, Large)

API Support

  • NA

Modes of Support

  • Online

DataRails Features

Cash Management

Collection and management of cash.

Budgeting

Prepares a plan to spend your money by balancing income and expenses.

Ad hoc Reports

Creates impromptu reports as and when the occasion requires

General Ledger

Maintaining and recording all the accounting related transactions.

Version Control

Gives project teams an ability to share the same source code repository and keep changes in sync between workstations

Audit Trail

A record of changes made in chronological order of a user or activity

Dashboard

A digital insight of reports and other workings on a single screen

Key Performance Indicators

Evaluating and measuring the performance of the business which will help you make informed decisions and correcting past mistakes

Ad hoc Analysis

A statistical model, analytical report or any other type of data summary particularly designed to answer a single, specific business question.

Strategic Planning

Defining future strategy or direction based on well-detailed reports and forecasts.
DataRails Pricing

Free Trial

Available

Pricing Options

Premium Plans ( Quotation Based )

Pricing Plans

Disclaimer: The pricing details were last updated on 27/01/2021 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about DataRails Pricing.

DataRails Alternatives

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DataRails Reviews

User Rating

4.9/5 (Based on 163 Ratings)

Rating Distribution

  • Excellent

    85.9%
  • Very Good

    14.1%
  • Average

    0%
  • Poor

    0%
  • Terrible

    0%

User Sentiments

Excel Integration, Automated Reporting, Data Visualization, Centralized Data Management

Occasional Software Crashes, Steep Learning Curve, Slow Data Refresh, Limited Budgeting Functionality

Do You Use DataRails?

Write a Review

Review Summary

Overall user reviews suggest that DataRails is a reliable and versatile financial reporting and analysis platform. Users appreciate its ability to connect seamlessly with various data sources, automate data integration, and deliver real-time insights. It simplifies the consolidation of financial data, facilitates multi-dimensional analysis, and streamlines the reporting process. Many find the platform user-friendly and intuitive, but some mention a learning curve initially. Despite this, customers generally value DataRails' ability to improve financial visibility and decision-making accuracy, ultimately enhancing their financial management capabilities.

Pros

  • Quick and straightforward implementation process.
  • Seamless integration with most popular accounting platforms.
  • Increase operational efficiency and reduce manual data entry errors.
  • Customizable dashboards for realtime insights and improved decisionmaking.

Cons

  • May require additional training for nontechnical users.
  • Limited customization options for advanced users.
  • Reporting capabilities could be more robust.
  • Potential for data accuracy issues if not properly configured.

DataRails Reviews

AI-Generated from the text of User Reviews

DataRails FAQs

What is DataRails used for?

DataRails offers the following functionalities:

  • Cash Management
  • Budgeting
  • Ad hoc Reports
  • General Ledger
  • Version Control
  • Audit Trail
  • Dashboard
  • Key Performance Indicators
  • Ad hoc Analysis
  • Strategic Planning

Learn more about DataRails features.

Does DataRails provide API?

No, DataRails does not provide API.

DataRails Contact

Vendor Details

New York, New York Founded : 2015

Contact Details

Not available

https://www.datarails.com/

Social Media Handles

Customers

AGNC
Kelso
ForeScout
Bauer

Disclaimer

This research is curated from diverse authoritative sources; feel free to share your feedback at feedback@saasworthy.com

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