Customer Training

Help Desk

Web and Video Conferencing

Customer Support

Flowchart

Development

Student Management

Education

Business Intelligence (BI)

Collaboration

Emissions Management

Online Notary

Enterprise

Accounting

Anti-Money Laundering (AML)

CTRM

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Resume Parsing

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

.Net Development

API Management

Authorization

Cloud Storage

Component Content Management

Data Deduplication

Data Governance

Fraud Detection

Integrated Development Environment (IDE)

Integration Platform as a Service (iPaaS)

Intranet

Load Testing

M2M Application Development

Managed Print

Managed Private Cloud

Managed Public Cloud Infrastructure

Network Performance Monitoring

Output Management

Relational Database Management Systems

Sensitive Data Discovery

Service Virtualization

User Activity Monitoring

Virtual Private Network (VPN)

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Data Cleansing

Data Management

Digital Experience Intelligence

Digital Experience Platforms (DXP)

Email Marketing

Location Intelligence

Marketing Automation

Online Reputation Management

Social Media Management

Social Media Publishing

Survey & Forms Building

Web Analytics

Marketing

Project Management

Transcription

Professional Services

Construction CRM

Customer Relationship Management (CRM)

Headless eCommerce

Sales Engagement

Sales

Data Loss Prevention

Security Information and Event Management (SIEM)

Security

Banking

Car Rental

Church Management

Home Health Care

Intelligent Document Processing

Retail Execution

Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Vena

Vena Solutions

Workday Adaptive Planning

Workday

Cube

Cube Planning, Inc

Planful

OneStream

OneStream Software LLC

Fathom by The Access Group

The Access Group

Centage

Prophix

Prophix Software

Anaplan

IBM Planning Analytics

SAP BPC (Business Planning and Consolidation)

Board

Board International

Oracle Fusion Cloud Enterprise Performance Management

Oracle

Kepion Planning

Jedox

Wolters Kluwer CCH® Tagetik

NetSuite ERP

Xero

### Financial Reporting and Analysis
Users generally praise DataRails for its robust financial reporting and analysis capabilities. They appreciate the ease of generating financial statements, creating customized dashboards, and accessing real-time financial information with just a few clicks. The ability to quickly update data, consolidate multiple entities, and streamline the reporting process has been highlighted as key strengths of DataRails. Users find that the platform enhances their financial analysis and presentation tasks, allowing for more timely reporting and efficient budgeting and forecasting processes. Despite some minor concerns about flexibility in reporting commentary and limitations in exporting dashboard reports to Excel, overall, users find DataRails to be a valuable tool for financial reporting and analysis, enabling them to save time, improve productivity, and make informed decisions based on accurate financial data.

### Budgeting and Forecasting
User consensus seems to be that budgeting and forecasting are strong points of DataRails. Reviewers consistently praise the platform for its ability to streamline and simplify the budgeting and forecasting process, ensuring consistency in approach. Users appreciate the ease of reporting actuals versus forecasts by various metrics, allowing for better business decision-making. Additionally, DataRails is lauded for providing a single source of truth for budgeted and forecasted figures, resolving disputes and enhancing data reliability. The platform's customizable reporting features and Excel-native interface make it a valuable tool for efficient financial reporting and analysis.

### Financial Planning and Performance
Users consistently praise DataRails for its robust financial planning and performance capabilities. They highlight the platform's flexibility in planning, comprehensive reporting features, and ease of forecasting. Reviewers appreciate the ability to analyze budgeted versus actual data efficiently, enabling informed decision-making and timely adjustments. DataRails is commended for its user-friendly interface, which simplifies the annual budgeting process and empowers teams to access and manipulate budget files effortlessly. Additionally, users value the platform's granular planning capabilities, which enhance budgeting and forecasting across distributed organizations.

### Excel Integration and Automation
Users generally appreciate DataRails for its excel integration and automation capabilities. The platform's ability to seamlessly connect to Excel, provide real-time updates, and automate data consolidation has garnered positive feedback. While some users have highlighted occasional challenges with data refresh times and complex computations, overall, DataRails's excel integration and automation features are seen as valuable for streamlining reporting processes and enhancing data analysis.

### Data Consolidation and Management
Users consistently praise DataRails for its exceptional data consolidation and management capabilities. The platform's ability to aggregate and consolidate large volumes of data from multiple sources efficiently has garnered widespread acclaim. Reviewers highlight the ease of updating and manipulating data within DataRails, streamlining processes and enhancing data accuracy. Despite some users encountering technical issues during the consolidation phase, the overall sentiment remains positive towards DataRails' data consolidation and management functionalities.

### Dashboards and Visualization
Users consistently praise DataRails for its intuitive dashboard creation process and powerful visualization capabilities. The ability to generate customized dashboards quickly and efficiently has been a standout feature for many, allowing for enhanced data analysis and presentation. While some users have expressed a desire for more diverse visualization options, the overall sentiment remains positive towards DataRails' dashboards and visualization functionalities.

### Implementation and User Adoption
Users generally acknowledge DataRails's implementation and user adoption capabilities. While some users appreciate the quick value and user-friendly nature of the platform, others highlight the learning curve associated with mastering advanced features. The availability of training resources and the level of customer support during implementation play a significant role in shaping user experiences. Despite some challenges, users recognize the potential for enhanced operational efficiency through effective implementation and user adoption practices with DataRails.

### Accounting Processes and Systems
Users consistently highlight DataRails' accounting processes and systems capabilities as a key strength, emphasizing its ability to streamline manual processes, automate tasks, and provide real-time financial insights. While some users express a desire for enhanced integration with specific accounting software, overall sentiment leans towards the effectiveness and efficiency of DataRails in managing accounting data and processes.

### Custom Reporting and Drilldowns
Users consistently highlight DataRails's custom reporting and drilldown features as key strengths of the platform. The ability to create tailored reports on the fly and drill down into specific details has significantly improved their analytical capabilities. While some users mention minor limitations in data consolidation and drilldown levels, the overall sentiment leans towards the effectiveness and efficiency of DataRails in providing customizable reporting and detailed insights through drilldown functionalities.

### Error Reduction and Data Accuracy
Users consistently highlight DataRails' effectiveness in reducing errors and ensuring data accuracy. The platform's ability to streamline processes and minimize manual intervention has been instrumental in enhancing the reliability of reports and financial data. While some users have encountered minor challenges with data mapping and latency issues, the overall consensus is that DataRails significantly contributes to error reduction and data accuracy, ultimately improving the efficiency and trustworthiness of financial operations.

### Real-Time Financial Operations
Users consistently praise DataRails for its real-time financial operations capabilities. The ability to access real-time updates and compare budgets with actuals has been a game-changer for many reviewers. The platform's integration with Excel and accounting systems has streamlined financial forecasting and reporting processes, allowing for quick and informed decision-making. Additionally, the dynamic dashboards and insightful data visualization features have provided users with valuable insights into their financial performance. DataRails's real-time financial operations functionality has garnered widespread acclaim for its ease of use, adaptability, and accuracy in budgeting and forecasting tasks.

### Training and Customer Support
Users have generally lauded DataRails for its robust customer support and the presence of a dedicated Customer Success Manager. The platform's ability to provide real-time reporting and excel-driven solutions has been particularly appreciated by users. While some have mentioned a slight learning curve and occasional delays in technical issue resolution, the overall consensus leans towards positive experiences with the platform's training and customer support functionalities.

Users have seamlessly integrated DataRails for budgeting purposes, reducing completion time by around 40%. The software has exceeded expectations by driving down manual data collection time from 4 business days to a couple of hours. It has been great for automating financial reporting processes, saving time and allowing users to focus on forward-looking trends. Additionally, the platform has provided excellent customer support throughout the implementation and use of the software. DataRails has brought about improvements in key processes such as weekly and monthly close, annual budgeting, rolling forecast, cashflow reporting, and KPI dashboards. The cloud-based solution has allowed for continued Excel use and easy access to tables from different files, enhancing financial modeling capabilities. Overall, users find DataRails easy to use and train on, with adaptable features, real-time changes, straightforward model building, and easy integrations with other systems. The platform is flexible and allows for planning at a granular level, improving budgeting and forecasting in distributed organizations. Furthermore, DataRails has provided a consolidation planning tool that allows for the continued use of Excel while providing better control and flexibility in reporting financial results. Users rely on DataRails for data verification, comparing versions of financial reporting decks and spreadsheets, and collaborating in data collection and preparation. It has also been highly valuable for compliance and SOX teams, offering transparency and fast onboarding.

Self-service platform: Users appreciate the self-service nature of DataRails, allowing them to efficiently manage their financial planning without requiring a ton of resources. Several users have mentioned this as a key benefit.

User-friendly interface: The user interface of DataRails is praised for being user-friendly and intuitive, making it easy for users to navigate and perform tasks. Many reviewers have specifically highlighted the ease of use and simplicity of the interface.

Locking function: The locking function in DataRails is highly appreciated by users as it ensures the integrity of financial planning templates and eliminates concerns about who did what and when. Several users have mentioned this feature as valuable in maintaining data accuracy and security.

Difficulties with Refreshing and Reloading Data: Some users have experienced difficulties when refreshing and reloading data, which has caused inconvenience. They have mentioned that the process can be slow, leading to delays in accessing updated information.

Need for Regular Synchronization of Information: Users have mentioned the need to regularly synchronize information in order to ensure it is updated. This additional step adds complexity to their workflow and requires extra effort on their part.

Challenges with Support Features Navigation: Initially, some users found the support features difficult to navigate but mentioned that with routine use, it became easier. However, this learning curve at the beginning can cause frustration and hinder their ability to quickly access the necessary support resources.

Vena Solutions provides a financial process automation solution to automate Corporate Performance Management, accounting and budgeting, Regulatory & Compliance, and other finance-related processes. It is scaled for medium to large-sized organizations.

Professional

Complete

Budgyt is a dynamic FP&A platform that simplifies budgeting, forecasting, and reporting. It offers a single source of truth for CFOs and finance teams to integrate financials, streamline processes, and manage multiple departments.

Budgyt

DataRails

Corporate Performance Management (CPM) software provides a unified platform for strategic and financial planning. They are able to integrate budgeting, forecasting, and reporting with analytics to drive data-informed decisions. CPM solutions also help organizations optimize performance by linking operational and financial data. Explore user reviews and comparisons to find the best CPM software for your business objectives.

Corporate Performance Management (CPM)

Datarails Tel Aviv Demo Day Pitch

Why fractional CFOs need Datarails

FP&A Product Demo (Full-length Datarails Product Tour)

<p>DataRails is an FP&amp;A solution that automatically consolidates your data from all your existing organizational systems (ERP, GL, CRM, HR data, and more). Keep working on Excel while benefiting from automated data transformations.</p><p>Enjoy a 360-degree view of all of your consolidated data for easy reporting, simple visuals, and in-depth analytics. With DataRails, you can perform advanced investigations into your data to extract actionable, attainable insights.</p>

DataRails Ltd.

DataRails - No More VLOOKUPS!

Budgeting, Planning, and Forecasting

These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning

Long-term financial planning

Financial budgeting

Annual budget for revenue and operating expenses, headcount/compensation, capital expenses, projects, etc.

Forecasting

Combining actuals and budgets, rolling forecasts, driver-based models.

Scenario modeling

Financial or operational modeling of alternate future states and planning for each.

Management reporting

Budget vs. actual or forecast, P&L’s, performance over time, between products etc.

Consolidation and Close

Consolidation of data from multiple entities with currency management, reporting and audit trails.

Financial data consolidation

Consolidating data from several entities into a single statement using US GAAP, IFRS or other standards.

Journal entries and reports

Ability to enter journal entry adjustments and produce reports showing all journal entries for a specific period.

Multi-currency management

Ability to handle foreign currency conversions during consolidation.

Intercompany Eliminations

Matching and elimination of intercompany revenue, expenses, and balance sheet accounts.

Minority Ownership

Consolidate financials full or partial ownership of subsidiaries, equity pick-up.

Local and consolidated reporting

Ability to report against individual business entities and the consolidated umbrella entity.

Detailed Audit Trails

Tracing changes to data and processes that were run.

Financial Reporting and Compliance

Financial statements and regulatory filings

Financial Statement Reporting

Creation and production of balance sheets, income statements, cash flows, other schedules

Management Reporting

Tools facilitating creation of internal ad hoc or standard reports.

Excel-based Reporting

Ad hoc or formatted reports using MS Excel.

Automated board and financial reporting

Tools to help automate creation of regulatory reports such as SEC filings and board books.

XBRL support for regulatory filing

Support for the XBRL standard reporting format for exchanging financial data.

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

Personalized dashboards

Create custom dashboards and reports without the help of IT or administrators.

Color-coded scorecards

Track and analyze performances with interactive, color-coded balanced scorecards.

KPIs

Select from a library of more than 6,000 key performance indicators, and incorporate KPIs into your planning process.

Cost and profitability analysis

Cost and profitability analysis provides data for business decision making.

Key Performance Indicator setting

Ability to set key performance indicators for measuring progress towards goals.

Benchmarking with external data

CPI, daily exchange rates, industry KPIs. with scheduled data refreshes.

Integration

Ability to integrate with external applications.

Flat file integration

Integration of flat files like text documents and comma separated files

Excel data integration

Ability to integrate directly with Excel data.

DataRails

Overview

What is DataRails?