Quantrix

Quantrix

Score 7.3 out of 10
Quantrix

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...
Read more

Recent Reviews

Read all reviews

Popular Features

View all 22 features
  • Forecasting (12)
    10.0
    100%
  • Financial budgeting (12)
    9.0
    90%
  • Scenario modeling (12)
    9.0
    90%
  • Management reporting (12)
    9.0
    90%

Reviewer Pros & Cons

View all pros & cons

Video Reviews

Leaving a video review helps other professionals like you evaluate products. Be the first one in your network to record a review of Quantrix, and make your voice heard!

Return to navigation

Pricing

View all pricing
N/A
Unavailable

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

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting / Integration Services

Would you like us to let the vendor know that you want pricing?

5 people want pricing too

Alternatives Pricing

N/A
Unavailable
What is Vena?

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.

What is Budgyt?

Budgyt is a platform made to simplify business budgeting. With built-in functions designed for data integrity, team collaboration, and scenario planning & analysis, Budgyt presents what the vendor describes as an optimized budgeting experience that rids users of complex, error-prone spreadsheets…

Return to navigation

Product Demos

Quantrix Overview Video - Forecasting, Budgeting, Planning and What if Scenarios
01:56
Return to navigation

Features

Budgeting, Planning, and Forecasting

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

9.3Avg 8.5

Consolidation and Close

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

8Avg 8.3

Financial Reporting and Compliance

Financial statements and regulatory filings

9Avg 8.5

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

8.5Avg 8.0

Integration

Ability to integrate with external applications

9Avg 8.5
Return to navigation

Product Details

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

Screenshot of Screenshot of Screenshot of

Quantrix Videos

Quantrix Competitors

Quantrix Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWindows, Mac
Mobile ApplicationMobile Web

Frequently Asked Questions

Anaplan, Workday Adaptive Planning, and Prophix are common alternatives for Quantrix.

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).
Return to navigation

Comparisons

View all alternatives
Return to navigation

Reviews and Ratings

 (16)

Attribute Ratings

Reviews

(1-11 of 11)
Companies can't remove reviews or game the system. Here's why
Score 7 out of 10
Vetted Review
Verified User
  • Saves tons of time when it coms to forecast and modification calculations
  • Very accurate, which has reduced the amount of rework and double checking we've had to do
  • Allowed us to have higher confidence in our models and has empowered individuals to take on related tasks/data themselves
Don Reese | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
  • 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.
Tahir Tahirov, PMP | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Reseller
  • My client replaced 150 Excel Spreadsheets, 10 interlinked files for 60 facilities in 6 regions with only one Quantrix Multidimensional Model
  • 1 Quantrix Formula replaced about 1500 Excel Formulas
  • They reduced budgeting time from 3 months to one week
  • Quantrix training and creating a large and complex budget in only 10 days
Luca Erzegovesi | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
  • I work in a not for profit organization, so the ROI concept isn't applicable to us. However, Quantrix has allowed us to become more productive in modeling and data management activities related to research
  • The adoption of Quantrix Modeler in our classes has become a major factor of innovation and differentiation of our undergraduate programmes
Brian Gregory, MD, MBA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
  • Encouragement to move to alternative managerial accounting system
  • Clarification of harmful KPIs; rational analysis and encouragement of focused efforts by operators
  • Potential tight linking between top management decisions and operators
  • Team work encouragement
Rich Lopez | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
  • Budget Process now takes a handful of weeks instead of 3 months.
  • Reduces work on monthly journal entries from 16 hrs plus to < 10 minutes.
  • Turns lights on for capacity modeling. Capacity model used to take 1 week to update with no scenario capabilities. Now using Quantrix it takes minutes with the capability to add scenarios!
Nicolao Pieroni | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
  • As I started using QUantrix for personal interest, outside the company where I work and only now we start to offer it to our customers (we deal with consulting on ERP Sage X3) I still do not have enough elements to answer this question
Jason Klinghoffer, CFA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
  • Quantrix has boosted profitability and has proven its worth time and again. The platform has put us on the radar doing things even our biggest competitors could only dream of. We are still early in the development and deployment of our Quantrix Qloud based system to clients, but we already have early adopters coming over from competitor systems that cost exponentially more and do significantly less than what we provide. We feel it is only a matter of time for our Qloud driven analytics to become more mainstream in our space.
Return to navigation