Quantrix 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…
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Sisense
Score 7.4 out of 10
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Sisense is a BI software and analytics platform. With what the vendor calls their In-Chip™ and Single Stack™ technologies, users have access to a comprehensive tool to analyze and visualize large, disparate data sets without IT resources.
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Pricing
Quantrix
Sisense
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Quantrix
Sisense
Free Trial
Yes
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
Yes
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Quantrix Modeler is licensed on a per user subscription basis.
Must contact sales team for pricing.
More Pricing Information
Community Pulse
Quantrix
Sisense
Features
Quantrix
Sisense
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Quantrix
9.3
12 Ratings
13% above category average
Sisense
-
Ratings
Long-term financial planning
9.711 Ratings
00 Ratings
Financial budgeting
9.012 Ratings
00 Ratings
Forecasting
10.012 Ratings
00 Ratings
Scenario modeling
9.012 Ratings
00 Ratings
Management reporting
9.012 Ratings
00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Quantrix
8.0
7 Ratings
1% above category average
Sisense
-
Ratings
Financial data consolidation
8.36 Ratings
00 Ratings
Multi-currency management
8.44 Ratings
00 Ratings
Minority Ownership
8.04 Ratings
00 Ratings
Local and consolidated reporting
8.77 Ratings
00 Ratings
Detailed Audit Trails
6.75 Ratings
00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Quantrix
9.0
12 Ratings
12% above category average
Sisense
-
Ratings
Financial Statement Reporting
9.010 Ratings
00 Ratings
Management Reporting
9.012 Ratings
00 Ratings
Automated board and financial reporting
9.011 Ratings
00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Quantrix
8.5
12 Ratings
5% above category average
Sisense
-
Ratings
Personalized dashboards
8.012 Ratings
00 Ratings
Color-coded scorecards
6.45 Ratings
00 Ratings
KPIs
10.010 Ratings
00 Ratings
Cost and profitability analysis
8.610 Ratings
00 Ratings
Key Performance Indicator setting
10.011 Ratings
00 Ratings
Benchmarking with external data
8.210 Ratings
00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Quantrix
9.0
12 Ratings
8% above category average
Sisense
-
Ratings
Flat file integration
9.012 Ratings
00 Ratings
Excel data integration
9.012 Ratings
00 Ratings
Direct links to 3rd-party data sources
9.012 Ratings
00 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Quantrix
-
Ratings
Sisense
9.7
47 Ratings
17% above category average
Pixel Perfect reports
00 Ratings
10.037 Ratings
Customizable dashboards
00 Ratings
10.047 Ratings
Report Formatting Templates
00 Ratings
9.033 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Quantrix
-
Ratings
Sisense
8.8
47 Ratings
9% above category average
Drill-down analysis
00 Ratings
10.047 Ratings
Formatting capabilities
00 Ratings
9.047 Ratings
Integration with R or other statistical packages
00 Ratings
9.027 Ratings
Report sharing and collaboration
00 Ratings
7.33 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Quantrix
-
Ratings
Sisense
10.0
46 Ratings
19% above category average
Publish to Web
00 Ratings
10.036 Ratings
Publish to PDF
00 Ratings
10.046 Ratings
Report Versioning
00 Ratings
10.024 Ratings
Report Delivery Scheduling
00 Ratings
10.039 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
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
I believe Sisense is perfectly suited for any organization of any size that have access to the proper resources, as the tool is very expensive. The data connectors come in all shapes and sizes out of the box, which allows a great deal of data control within the ElastiCubes. Additionally, while the platform only runs on Windows platforms, the web application can be accessed on any client: mobile, Apple, Windows, etc. This allows a much more flexible user experience, resulting in data and dashboards reaching further than any other tool.
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
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.
The usability of the application on mobile devices needs some improvement, especially navigation and filtering.
Dashboards that are created by multiple users can be a bit of a hassle to share by Admins.
If you need to embed dashboards into your website, you are require to buy a license separate from the user and platform license. This is a norm on most BI visualization tools, but Sisense can seem a bit on the high side, cost-wide.
I think the business and myself as a user has come to rely on SiSense as a dashboarding and quick ad-hoc reporting tool. I am hoping to integrate SiSense dashboards into more parts of the business in the future. We have reduced our report turn-around time for the most part from hours/days to minutes and in some cases almost the speed of thought. Reports are also easier on the eye and more easily distributed. I would also like to say that the support and professionalism from the SiSense team has been excellent.
New V5 is ground floor of an exciting collection of possibilities. Weekly Sisense developers come up with new functionality that they share with us in their forums. The move to HTML5 has been pleasing in that widgets auto size themselves into appropriate forms in the board but everyone of them can be popped out to full page size to be looked at in more detail
There are very few situations when there is unexpected downtime. Mostly during development, new dashboard implementation and during upgrades. other then that there were very few crashes.
SiSense is usually performing better then other solutions even if going for complex reports/dashboards(of course within reasonable frames). I haven't noticed any bad influence on other systems, usually if something happens it stays within SiSense.
SiSense's support ninjas are very knowledgeable and are exceptionally responsive. So far, all of the issues we ran into were resolved within minimum time. My sense of dealing with the support staff at SiSense is that they are very focused on not just answering your immediate question, but also to delve into the cause of the matter.
Easy and free training that allowed us quickly understand basics in SiSense and start using them. More advanced features requires some browsing through SiSense forums, but there is always support to help, and SiSense support is one of the best whith which I worked so far.
Many examples, videos and scenarios which you try on your own right away. This combined with in-person training gives you enough to utilize most of SiSense's power.
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
1) Easy to use, really, there is nothing too much to say. The set up is easy and not confusing. You can use it internally or externally.
2) Customer Service, having spoken to various product reps from similar industry. Sisense rep provides you with the best support to get started, and it is really appreciated.
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.