The best IR software
February 25, 2025

The best IR software

Baxter Gosch | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with AlphaSense

We use AlphaSense for our investor relations team. AlphaSense provides us access to sell-side research, a tremendous search function to search SEC documents, and an easy way to track peer news and events. AlphaSense helps tremendously with monitoring peer transcripts, ad hoc projects, and much more that we need to send off key learnings to our c-suite.

Pros

  • Research access
  • Searching publicly available documents
  • Summarizing transcripts
  • Finding comps for ad-hoc projects
  • Tracking peer news

Cons

  • Public financials
  • Tracking research usage
  • Consensus tracking
  • Productivity gain
  • Efficiency gain
  • Deeper competitor insights
  • More informed macro trends
  • Extra preparation for earnings
I rate AlphaSense's usability an 8/10 because it takes a bit to get used to the platform, but once you are used to it, the platform becomes an extremely powerful and easy to use tool. It's fairly similar to other platforms I've used previously in terms of time to adjust, but has much more functionality which adds some complexity.
It has helped a tremendous amount for us to be more aware of developments in our competitive landscape. Being able to be notified when a peer reports earnings, have their transcript summarized, and quickly find trends or takeaways cannot be understated. It's saves a massive amount of time for us to be able to quickly find the information we need, and allows us to digest more information.
AlphaSense is simply the best software when it comes to finding information from publicly available documents and their access to sell-side research. While it has some room to go in terms of their access to financials, they've already made significant improvements and I'm excited for the future. I ended up choosing AlphaSense mainly for the search function as it saves an incredible amount of time for me.

Do you think AlphaSense delivers good value for the price?

Yes

Are you happy with AlphaSense's feature set?

Yes

Did AlphaSense live up to sales and marketing promises?

Yes

Did implementation of AlphaSense go as expected?

Yes

Would you buy AlphaSense again?

Yes

We had an ad-hoc project that we needed to get done which required us to search across our peers publicly available documents and presentations. AlphaSense saved so much time by allowing us to quickly search in one platform for what we were looking for, rather than having to poke around these companies individual websites. Plus, we were able to find some key learnings we wouldn't have found otherwise.

AlphaSense Feature Ratings

Financial Research
8.6
Public Company Data
10
Private Company Data
Not Rated
Industry and Sector Research
8
Industry-Specific Information
8
Independent Research Access
10
M&A Analysis
5
Supply Chain Data
Not Rated
ESG Data
8
Credit Ratings Reports
Not Rated
Macroeconomic News
10
Search Tools
10

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