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Quantrix, a versatile financial modeling tool, has been widely adopted by various organizations and educational institutions for over a …
Overview
What is Quantrix?
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…
Recent Reviews
Popular Features
- Forecasting (12)10.0100%
- Financial budgeting (12)9.090%
- Scenario modeling (12)9.090%
- Management reporting (12)9.090%
Pricing
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What is Quantrix?
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…
Entry-level set up fee?
- No setup fee
For the latest information on pricing, visithttps://quantrix.com/contact
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- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Demos
Learn Quantrix Modeler: Aggregate Indirectly Related Matricies Us As 0302
YouTube
Quantrix | Natural Language Formulas | No More VLOOKUP
YouTube
Getting Started with Quantrix: 5 Key Concepts to Building Models
YouTube
Quantrix Introductory Demo | Getting Started with Modeler | Part 1
YouTube
What is Quantrix? How to use Quantrix? Learn basic concepts and differences: Quantrix vs. Excel.
YouTube
Features
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Product Details
- About
- Integrations
- Competitors
- Tech Details
- Downloadables
- FAQs
What is Quantrix?
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 presentations, reports and dashboards.
Quantrix Modeler, our cutting-edge financial modeling platform, addresses the limitations and risks inherent in traditional spreadsheets. Quantrix Modeler provides a robust modeling environment for professionals to intuitively model financial and operational scenarios, using our proprietary multi-dimensional calculation engine.
Quantrix Features
Budgeting, Planning, and Forecasting Features
- Supported: Long-term financial planning
- Supported: Financial budgeting
- Supported: Forecasting
- Supported: Scenario modeling
- Supported: Management reporting
Financial Reporting and Compliance Features
- Supported: Financial Statement Reporting
- Supported: Management Reporting
- Supported: Automated board and financial reporting
Analytics and Reporting Features
- Supported: Personalized dashboards
- Supported: KPIs
- Supported: Cost and profitability analysis
- Supported: Key Performance Indicator setting
- Supported: Benchmarking with external data
Integration Features
- Supported: Flat file integration
- Supported: Excel data integration
- Supported: Direct links to 3rd-party data sources
Quantrix Screenshots
Quantrix Videos
Visit https://quantrix.com/quantrix-customers/quantrix-business-modeling-of-the-future-litehouse-foods to watch Quantrix video.
Quantrix Integrations
- Azure Synapse Analytics
- Tableau Desktop
- Salesforce Sales Cloud
- JDBC Database
- XML Data Source
Quantrix Competitors
- Anaplan
- Workday Adaptive Planning
- Prophix
- Vena
- Microsoft Excel
Quantrix Technical Details
| Deployment Types | On-premise, Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Windows, Mac |
| Mobile Application | Mobile Web |
Quantrix Downloadables
- Learn about the key features and benefits of the world's leading business and financial modeling software, Quantrix Modeler
- Learn about the key features and benefits of Quantrix Qloud, the gateway to real-time collaboration, enabling you to securely share and collaborate on multi-dimensional models with colleagues and clients located anywhere with an internet connection.
Frequently Asked Questions
Reviewers rate Forecasting and KPIs and Key Performance Indicator setting highest, with a score of 10.
The most common users of Quantrix are from Small Businesses (1-50 employees).
Comparisons
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Reviews and Ratings
(16)
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
Quantrix, a versatile financial modeling tool, has been widely adopted by various organizations and educational institutions for over a decade. At the University of Trento, it has been used as a teaching and research tool in corporate finance, providing valuable insights to students and researchers. Additionally, it has been implemented in other settings such as large construction companies and oil and gas companies for budgeting, project economics, portfolio planning, and business strategy development.
Users have reported that Quantrix efficiently solves a diverse range of problems, including cash flow modeling, liquidity assessment, performance evaluation, portfolio reporting, historical tracking, and credit analysis. It is well-regarded for its ability to provide accurate financial calculations and sales forecasts while offering integrated cash flow, income statement, and balance sheet modeling. Furthermore, Quantrix aids executives in making strategic decisions by analyzing the impact on their organizations. Users also utilize Quantrix for optimizing operational efficiency, resource allocation, and advanced managerial accounting.
Quantrix Qloud serves as a client portal for institutional fixed income accounts, granting access to custom analytics that assist in portfolio management decision-making. By integrating with platforms like Amazon or Shopify, the software allows customers to import data effortlessly for sales analysis. It also provides essential functionalities for forecasting analysis, detailed production planning, financial modeling, and historical comparison.
Overall, Quantrix's use cases span across education, research, corporate finance, budgeting, project economics, sales analysis, strategic decision-making, operational efficiency optimization, and resource allocation. With its wide-ranging capabilities and broad applicability in solving complex business problems requiring model development, Quantrix continues to be a reliable tool for diverse user needs.
Powerful tool for complex financial planning models: Users have found Quantrix to be a powerful tool for building complex financial planning models. Many reviewers have stated that its multidimensional data structure and robust formula language make it easy to create and modify models quickly.
Enhanced data integration through various data sources: Quantrix allows users to import data from various sources, such as text files, other Quantrix models, and external databases. This feature has been praised by several reviewers as it enhances data integration and simplifies the modeling process.
Ability to save snapshots of computed tables in external databases: Reviewers appreciate the ability to save snapshots of computed tables in Quantrix to external databases through DataPush. This functionality helps maintain data integrity and enables further analysis, according to multiple users.
Outdated User Interface: Some users have expressed dissatisfaction with the user interface of Quantrix, describing it as outdated and archaic, giving it a 90's feel. This may give potential users the wrong impression about the capabilities of the software.
Complicated Data Connections: Several reviewers have mentioned that while data connections to Salesforce are impressive in Quantrix, connecting to other data sources can be complicated. Users would like to see a built-in connection to Quickbooks for easier integration.
Expensive Implementation: A number of users have stated that implementing Quantrix across an entire organization can be too expensive, especially for startups. The cost factor has been cited as a barrier for small businesses looking to adopt this software solution.
Attribute Ratings
Reviews
(1-12 of 12)Companies can't remove reviews or game the system. Here's why
February 16, 2022
Flexible, accurate, and cost-effective
74%
7.4
N/A
N/A
90%
9.0
56%
5.6
90%
9.0
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
December 18, 2018
Quantrix, taking you into the future of data analysis
100%
10.0
N/A
N/A
96.66666666666666%
9.7
90%
9.0
96.66666666666666%
9.7
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
94%
9.4
N/A
N/A
80%
8.0
84%
8.4
73.33333333333333%
7.3
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
April 24, 2018
Production Planning made easy
84%
8.4
N/A
N/A
73.33333333333333%
7.3
72%
7.2
60%
6.0
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
90%
9.0
N/A
N/A
76.66666666666667%
7.7
76%
7.6
73.33333333333333%
7.3
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
February 14, 2018
Quantrix - "Take the red pill, Neo"
Score 10 out of 10
Vetted Review
Verified User
98%
9.8
60%
6.0
66.66666666666667%
6.7
98.33333333333334%
9.8
93.33333333333334%
9.3
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
February 14, 2018
Quantrix Best Business Decision Ever for Any Type of Modeling Traditionally Done in Excel
Score 10 out of 10
Vetted Review
Verified User
100%
10.0
100%
10.0
100%
10.0
90%
9.0
66.66666666666667%
6.7
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
February 13, 2018
I'm really excited about Quantrix
Score 10 out of 10
Vetted Review
Verified User
100%
10.0
100%
10.0
100%
10.0
86.66666666666666%
8.7
83.33333333333334%
8.3
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
February 13, 2018
If your planning work is business critical, use Quantrix!
Score 10 out of 10
Vetted Review
Verified User
96%
9.6
95%
9.5
100%
10.0
30%
3.0
60%
6.0
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
February 13, 2018
Quantrix: What Excel Should Have Been
Score 10 out of 10
Vetted Review
Verified User
100%
10.0
40%
4.0
30%
3.0
63.33333333333333%
6.3
90%
9.0
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
February 13, 2018
Unique and brilliant multidimensional modelling tool.
76%
7.6
54%
5.4
46.66666666666667%
4.7
33.333333333333336%
3.3
53.33333333333333%
5.3
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
February 13, 2018
Quantrix is the best kept secret in financial forecasting. Needs to be more prominent in start-ups
Score 10 out of 10
Vetted Review
Verified User
100%
10.0
70%
7.0
100%
10.0
65%
6.5
70%
7.0
N/A
N/A
N/A
N/A
N/A
N/A
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