Unique and brilliant multidimensional modelling tool.
February 13, 2018

Unique and brilliant multidimensional modelling tool.

John Taylor | TrustRadius Reviewer
Score 10 out of 10
Vetted Review

Overall Satisfaction with Quantrix

Forecasting and financial planning. Mostly within planning or finance departments. Those are just a few of the many problems it can address. It is a general-purpose modeling tool so, like Excel, can address a huge range of business problems that require a model to be developed.

Pros

  • Time series modeling.
  • The product does modeling particularly well because it provides multi-dimensional structures and a multidimensional modeling language.
  • The user interface is a strength due to its point and click/drag and drop design. This enables fast model development.
  • The product integrates well with SQL database tables, both reading and writing SQL tables.

Cons

  • Extending the point and click capability into all areas of the product, particularly wherever "expressions" are used.
  • More meaningful formula error messages, rather than, for example, #size, #value, timeline cannot support this formula etc. These mystify inexperienced users.
  • Ability to switch off auto complete in formula pane.
  • Glitchy border lines and grey space in outline layout.
Anywhere where a custom designed model of any complexity is needed and the organisation has, or can establish, a sufficiently skilled resource to master the process of model development with a new modelling language.

Less appropriate when a package solution is required.

Quantrix Feature Ratings

Long-term financial planning
9
Financial budgeting
10
Forecasting
6
Scenario modeling
7
Management reporting
6
Financial data consolidation
5
Multi-currency management
7
Minority Ownership
5
Local and consolidated reporting
8
Detailed Audit Trails
2
Financial Statement Reporting
5
Management Reporting
4
Automated board and financial reporting
5
Personalized dashboards
3
Color-coded scorecards
3
KPIs
3
Cost and profitability analysis
5
Key Performance Indicator setting
3
Benchmarking with external data
3
Flat file integration
9
Excel data integration
3
Direct links to 3rd-party data sources
4

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