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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Meltwater

    Score7.6 out of 10
    N/AMeltwater Media Intelligence platform is a set of public relations software tools for media monitoring, social media monitoring, and collecting brand insights. The four areas of functionality are Monitor, Analyze, Distribute, and Engage. (Note that this product combines features from the vendor Meltwater's former Buzz, Press, and News products.)N/A

    Quantrix

    Score7.4 out of 10
    N/AQuantrix is designed to allow users to address the limitations and risks inherent to spreadsheets when developing business-critical models. According to the vendor, this solution offers unmatched capability for forecasting, planning, budgeting, risk modeling and visual analytics, and also allows users to develop ‘what if’ scenarios and model the financial and operational impact of business decisions. Additionally, the vendor says sharing insight is made easier through the creation of interactive…N/A
    Pricing
    MeltwaterQuantrix
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    MeltwaterQuantrix
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—Quantrix Modeler is licensed on a per user subscription basis.
    More Pricing Information
    Community Pulse
    MeltwaterQuantrix
    Considered Both Products
    Meltwater
    No answer on this topic
    Quantrix
    No answer on this topic
    Key User Insights
    Would buy again
    63%
    Would buy again
    20 Answers
    No answers on this topic
    Delivers good value for the price
    62%
    Delivers good value for the price
    16 Answers
    No answers on this topic
    Happy with the feature set
    69%
    Happy with the feature set
    22 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    63%
    Lived up to sales and marketing promises
    15 Answers
    No answers on this topic
    Implementation went as expected
    81%
    Implementation went as expected
    22 Answers
    No answers on this topic
    Features
    MeltwaterQuantrix
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Meltwater and Quantrix
    Feature
    Meltwater
    -
    Ratings
    Quantrix
    9.3
    12 Ratings
    14% above category average
    Long-term financial planning00 Ratings9.711 Ratings
    Financial budgeting00 Ratings9.012 Ratings
    Forecasting00 Ratings10.012 Ratings
    Scenario modeling00 Ratings9.012 Ratings
    Management reporting00 Ratings9.012 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Meltwater and Quantrix
    Feature
    Meltwater
    -
    Ratings
    Quantrix
    8.0
    7 Ratings
    3% above category average
    Financial data consolidation00 Ratings8.36 Ratings
    Multi-currency management00 Ratings8.44 Ratings
    Minority Ownership00 Ratings8.04 Ratings
    Local and consolidated reporting00 Ratings8.77 Ratings
    Detailed Audit Trails00 Ratings6.75 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Meltwater and Quantrix
    Feature
    Meltwater
    -
    Ratings
    Quantrix
    9.0
    12 Ratings
    10% above category average
    Financial Statement Reporting00 Ratings9.010 Ratings
    Management Reporting00 Ratings9.012 Ratings
    Automated board and financial reporting00 Ratings9.011 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Meltwater and Quantrix
    Feature
    Meltwater
    -
    Ratings
    Quantrix
    8.5
    12 Ratings
    12% above category average
    Personalized dashboards00 Ratings8.012 Ratings
    Color-coded scorecards00 Ratings6.45 Ratings
    KPIs00 Ratings10.010 Ratings
    Cost and profitability analysis00 Ratings8.610 Ratings
    Key Performance Indicator setting00 Ratings10.011 Ratings
    Benchmarking with external data00 Ratings8.210 Ratings
    Integration
    Comparison of Integration features of Meltwater and Quantrix
    Feature
    Meltwater
    -
    Ratings
    Quantrix
    9.0
    12 Ratings
    11% above category average
    Flat file integration00 Ratings9.012 Ratings
    Excel data integration00 Ratings9.012 Ratings
    Direct links to 3rd-party data sources00 Ratings9.012 Ratings
    Best Alternatives
    MeltwaterQuantrix
    Small Businesses
    Help a Reporter Out (HARO)
    Score5 out of 10
    No answers on this topic
    Medium-sized Companies
    Cision Communications Cloud
    Score8 out of 10
    IBM Planning Analytics
    Score8.5 out of 10
    Enterprises
    Cision Communications Cloud
    Score8 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    MeltwaterQuantrix
    Likelihood to Recommend
    7.2
    (73 ratings)
    7.0
    (12 ratings)
    Likelihood to Renew
    10.0
    (10 ratings)
    -
    (0 ratings)
    Usability
    5.6
    (5 ratings)
    8.2
    (1 ratings)
    Availability
    10.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    10.0
    (29 ratings)
    -
    (0 ratings)
    In-Person Training
    8.0
    (1 ratings)
    -
    (0 ratings)
    Online Training
    8.0
    (1 ratings)
    -
    (0 ratings)
    Implementation Rating
    6.1
    (2 ratings)
    -
    (0 ratings)
    Vendor post-sale
    1.0
    (1 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    9.1
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    MeltwaterQuantrix
    Likelihood to Recommend
    Meltwater
    Meltwater is well-suited for agencies that have an engagement team who is looking to service a variety of client needs such as social media reporting, public relations outreach, and community management. If you're looking to have a platform serve just one need, you can still use Meltwater but will get more bang for your buck if you are needing a variety of tools.
    Incentivized
    Read full review
    Quantrix
    If you find yourself in the ocean of traditional spreadsheets, overwhelmed by broken links, errors, model audit problems, hardwiring, etc. here is a lifebuoy for you. If you want to have full flexibility in your budgeting and forecasting in contrast to ERPs with rigid structures and one-size-fits-all concept. If you are small or medium size company and do not want to invest in costly enterprise solutions. If you need a fast implementation https://youtu.be/5W_q5Xhw5fg
    Read full review
    Pros
    Meltwater
    • Media research - you can search for relevant publications and journalists to add to your media list.
    • Earned media coverage - you can search for coverage of your brand and find news stories that also include data that may be useful (how many people did the story reach for example).
    • Building media lists - if you have no current existing list, you can build and export one in Excel for example.
    Incentivized
    Read full review
    Quantrix
    • Building complex financial planning model availing of a multidimensional data structure coupled with a powerful formula language, with the immediacy and intuitiveness typical of spreadsheets
    • Implement quickly model modifications (new products, new scenarios, new time periods) simply adding new "items" to "categories" (corresponding to dimensions in a multidimensional data model)
    • Scale up models to very large datasets with very fast computation times
    • Easily import data from text files, other Quantrix models and external databases via DataLink and DataNAV
    • Save snapshots of tables computed in Quantrix to external databases via DataPush
    Incentivized
    Read full review
    Cons
    Meltwater
    • The dashboards are not user-friendly, customizable (color, font size, etc.), or worthy of presenting to a client. All of the insights from a dashboard get pulled from the platform and placed into a more client-friendly presentation.
    • Paywalls for certain publications connected to who-knows-what. DowJones racket limits media monitoring capabilities and results in manual searches for a growing number of publications.
    • TVeyes, the broadcast monitoring arm of the media monitoring capabilities, just needs TLC and to become more client-facing. Currently, the links produced to share clips look sketchy, and they have a relatively short shelf life.
    Incentivized
    Read full review
    Quantrix
    • Hard to be critical of the Quantrix team as I know they strive to produce the best product possible. I suppose the next thing on my wish list would be the application of the new Solver functionality to be available in the Qloud.
    • A big help for new users would be a good book on transitioning from Excel or other environment into Quantrix. I know first hand it can be difficult to transition when having to learn the program through a help guide, forums and tech support. I had a lot of trial and error in my journey to producing the desired models. On one hand it was a valuable method as it taught me a lot of what not to do, but I will admit it was not the most efficient way to do things.
    • Would also love to see local user groups being formed at some point in the future. Quantrix puts on a fantastic conference once a year in beautiful Maine, but it is a big journey for someone in Southern California (and limited to one or two days a year). I would like to see some local chapters formed in different areas of the country so local Quantrix users can get together more often and collaborate (maybe a quarterly or semi-annual meetup?). Our Quantrix community is still relatively small and may be a difficult task for some areas, but is also the very reason why this would be great idea.
    Read full review
    Likelihood to Renew
    Meltwater
    Meltwater works well for our organization and has allowed us to meet our internal goals. We are always open to new products and services that may be able to provide similar or better features; however, our experience has been that many of Meltwater's competitors are not up to the task.
    Incentivized
    Read full review
    Quantrix
    No answers on this topic
    Usability
    Meltwater
    Once you get some basic training it's pretty easy to use. I would like to see training manuals, or instructional videos to help me explore features I'm not currently using.
    Read full review
    Quantrix
    For a newbie it can be difficult until you get the hang of the system. Quantrix is a very logical system, once you understand its underlying ideas.
    Read full review
    Support Rating
    Meltwater
    Our account rep at Meltwater went dark for a long time. Then, a couple of weeks ago, our new account manager reached out to set up a meeting. Apparently, they had a big shakeup in the company, and there were some personnel changes. Our new account rep was great in discussing the platform's capabilities that were available to us and even offered to schedule a follow-up meeting with his technical team to introduce our new social media team members to the platform and how it could help them with their jobs.
    Incentivized
    Read full review
    Quantrix
    No answers on this topic
    In-Person Training
    Meltwater
    Again, really in-depth and helpful for a program that is really easy to use.
    Read full review
    Quantrix
    No answers on this topic
    Online Training
    Meltwater
    Walked step by step through program. Very informative on a program that doesn't require much training.
    Read full review
    Quantrix
    No answers on this topic
    Implementation Rating
    Meltwater
    You are only allowed 15 users, so make sure you've identified who will have access to use the tool.
    Read full review
    Quantrix
    No answers on this topic
    Alternatives Considered
    Meltwater
    I was looking for a full-service option. I did some research. What really sold me was the presentation. They offered products that were helpful, and I wasn’t even aware of them. It is more expensive than the other products that are out there, but you get more. The other companies are good, but Meltwater Media Intelligence is more full service.
    Incentivized
    Read full review
    Quantrix
    Overall, I was not part of the ultimate decision to purchase Quantrix. I terms of user-friendliess and robust reporting capabilities I do think Tableau has Quantrix outclassed. That being said, Quantrix does provide more in-depth analyses for our relevant data and provides better modeling for our forecasts out of the box. The accuracy of the tools output is also much better
    Incentivized
    Read full review
    Return on Investment
    Meltwater
    • As a PR firm, we rely on the media databases that [Meltwater Media Intelligence Platform] supplies to deliver the media exposure that they expect from us.
    • We utilize their tracking of media hits for our overall reporting to our clients.
    • Both of these are advantageous in helping us to not only keep our existing clients happy but also to gain new clients (and, in turn - revenue), as well.
    Incentivized
    Read full review
    Quantrix
    • Capacity forecasting used to take hours to calculate with a ton of manual modifications. Quantrix has automated that so a model can be updated at any time with a click of a button
    • The accuracy of the models is incredible. It took some tweaking to add in data scubbers, but now it runs almost flawlessly
    • The confidence the management teams have in the output of the model is amazing. Before, people would question the output, have you rebuild it, and then compare. Now the report comes out and the output has high confidence.
    Incentivized
    Read full review
    ScreenShots

    Quantrix Screenshots

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