Quantrix - "Take the red pill, Neo"
February 14, 2018

Quantrix - "Take the red pill, Neo"

Brian Gregory, MD, MBA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Quantrix

[It's being used for] Optimizing OR (operating room) throughput: coordinating scheduling, allocating resources, advanced managerial accounting.

The limitations for Quantrix are mostly self-imposed. Quantrix is like a word processor after you've been using a manual typewriter. You now have to think about what you're actually doing (saying) instead of worrying about typos in the equations. Get your concepts right, and the sky's the limit.
  • Graphic drill down, sorting, grouping, free-form analysis
  • External database access
  • Equation creation and insight
  • Breadth of graphics
  • 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
Good: impromptu analysis for data correlation, cause and effect, aggregation, group participation; simple and infinite replication for addition facilities, same-type situation

Less appropriate for very simple tasks: overkill for non-analytical bookkeeping...although with multiple site licenses it could aggregate and give immediate feedback to those who needed analysis with data from multiple, disparate sources.

Quantrix Feature Ratings

Long-term financial planning
10
Financial budgeting
9
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial data consolidation
10
Multi-currency management
Not Rated
Minority Ownership
10
Local and consolidated reporting
10
Detailed Audit Trails
Not Rated
Financial Statement Reporting
Not Rated
Management Reporting
10
Automated board and financial reporting
10
Personalized dashboards
9
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
10
Flat file integration
10
Excel data integration
8
Direct links to 3rd-party data sources
10