Altair Monarch vs. Spreadsheet Server

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Altair Monarch
Score 8.0 out of 10
N/A
Altair Monarch (formerly Datawatch Monarch, acquired by Altair in December, 2018) works with both relational and multi-structured data including support for a wide range of formats including PDF, XML, HTML, text, spool and ASCII files. The product can access data from invoices, sales reports, balance sheets, customer lists, inventory, logs and more. According to the vendor, the system is easy to use, allowing users to quickly select any data source and automatically convert it into…N/A
Spreadsheet Server
Score 8.3 out of 10
N/A
The Spreadsheet Server platform is designed to work as a Microsoft add-in to provide live reporting data and analysis from the user’s ERP solution into Excel. The vendor aims to help users eliminate the hassle of re-keying or downloading any data into spreadsheets make that spreadsheet an integral part of their business environment.N/A
Pricing
Altair MonarchSpreadsheet Server
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Altair MonarchSpreadsheet Server
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsPrices can be different for any company interested in Spreadsheet Server depending on size and who should be involved. Feel free to contact us for a free demo to see if it is the right reporting tool for you.
More Pricing Information
Community Pulse
Altair MonarchSpreadsheet Server
Top Pros
Top Cons
Features
Altair MonarchSpreadsheet Server
Security
Comparison of Security features of Product A and Product B
Altair Monarch
-
Ratings
Spreadsheet Server
7.0
7 Ratings
12% below category average
Role-based user permissions00 Ratings7.07 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Altair Monarch
-
Ratings
Spreadsheet Server
6.7
6 Ratings
12% below category average
Dashboards00 Ratings6.06 Ratings
Standard reports00 Ratings8.06 Ratings
Custom reports00 Ratings6.06 Ratings
Customization
Comparison of Customization features of Product A and Product B
Altair Monarch
-
Ratings
Spreadsheet Server
7.0
6 Ratings
1% below category average
Plug-ins00 Ratings7.06 Ratings
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Altair MonarchSpreadsheet Server
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User Ratings
Altair MonarchSpreadsheet Server
Likelihood to Recommend
8.1
(6 ratings)
8.0
(7 ratings)
Likelihood to Renew
7.2
(6 ratings)
9.0
(1 ratings)
Usability
-
(0 ratings)
8.0
(1 ratings)
Support Rating
-
(0 ratings)
6.0
(1 ratings)
User Testimonials
Altair MonarchSpreadsheet Server
Likelihood to Recommend
Altair Engineering, Inc.
The product is especially useful when you have real-time and/or time series data to analyze. If you have more mundane, simpler requirements, other products might do the job you need for less money (there are even some decent open source visualization tools you can find.) I know the product is very widely used in capital markets applications to monitor and analyze risk and price and volume changes; if you're working in that area, I don't think there's a better tool to use.
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Insightsoftware, Inc
Spreadsheet Server is a set it and forget it type of thing. However, if you are wanting to change up the data you get on a regular basis, this may not be the product for you.
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Pros
Altair Engineering, Inc.
  • Creating a basic model to extract data from a report is very easy.
  • Advanced features like Calculated Fields and External Lookups allow you to augment the raw data.
  • You can create a "project" to automate the data extraction. Combined with Datapump (a separate DW app), you can fully automate the process once the raw report is generated.
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Insightsoftware, Inc
  • It's easy to use and learn how to create new spreadsheets.
  • Spreadsheet Server makes it easy to create custom financial statements for your company. It is a great tool to use with Vista by Viewpoint.
  • We can create custom graphs and KPI's in Spreadsheet Server.
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Cons
Altair Engineering, Inc.
  • Recently, we had some major sticker-shock when we wanted to upgrade Data Pump. It is an exceptional product, but when the price jumped from $6,000 to over $60,000, it was impossible to get the funds approved internally for the upgrade.
  • We also paid for yearly maintenance contracts which included Professional Services, but rarely found those services beneficial. However, we did receive all software upgrades for Datapump as part of the contract which we found to be very beneficial. However, with the new pricing, that is not longer the case.
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Insightsoftware, Inc
  • The only issue that we came across, is that not all of our companies have the same financial structure as each other. So the GLs we use for one report, would not necessarily work for all the other companies. We did not want to create separate reports for each company either. We did find a workaround in that we created a lookup tab with GLs to use for each category for each company, then used v-lookup to pull those GLs over. This workaround worked great, but it would have been nice to have something built in to cover this.
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Likelihood to Renew
Altair Engineering, Inc.
Even though we do not utilize it on a daily basis, I do hope my current company renews it's license. If not, I intend to purchase myself.
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Insightsoftware, Inc
Very easy to use and user friendly.
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Usability
Altair Engineering, Inc.
No answers on this topic
Insightsoftware, Inc
Easy to use and flexible.
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Support Rating
Altair Engineering, Inc.
No answers on this topic
Insightsoftware, Inc
Customer Relations reaches out to me periodically.
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Alternatives Considered
Altair Engineering, Inc.
Datawatch is very good value of money compared to QlikView; QlikView is really more of a BI tool and has a lot of functions that I didn't need. Datawatch is very strong in the real-time area where Tableau, Panorama, and Qlik don't do very well. If you need to set up a visual monitoring dashboard, Datawatch is the best product I've seen for that. if you want to do a lot of in depth statistical analysis of large databases, Tableau is probably a good option.
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Insightsoftware, Inc
Vista did not offer reporting that met our needs. We were not able to easily customize the standard reports to fit our company needs. We are able to create different reports depending on management's needs and level. It is easy to create reports for auditors as well in Spreadsheet Server.
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Return on Investment
Altair Engineering, Inc.
  • Data Pump reduces complexity of report solutions by offering a standardized approach for organizing and scheduling
  • 97% service level for past 5 years for all of our jobs going through Data Pump
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Insightsoftware, Inc
  • Allows us quick access to cash flow statements which assist in decision making
  • Provides accurate reporting for our banking needs
  • Provides accurate information to our insurance and bonding vendors
Read full review
ScreenShots

Altair Monarch Screenshots

Screenshot of Screenshot of Screenshot of

Spreadsheet Server Screenshots

Screenshot of Income Statement with Spreadsheet ServerScreenshot of Sales Dashboard with Spreadsheet Server