Quantrix, taking you into the future of data analysis
Don Reese | TrustRadius Reviewer
December 18, 2018

Quantrix, taking you into the future of data analysis

Score 10 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Quantrix

We utilize the Quantrix application in many facets of the company. We use it for calculating sales forecasts, capacity analysis for plant and equipment purchases, head-count adjustments, and all financial calculations. Prior to Quantrix we utilized Excel type applications. Modifications were tedious and error prone along with the lack of quick turnaround when needed.
  • Quickly turn out modified reports with prospective sales
  • Alerts you if there are errors in your calculation/formulas
  • Allow users to have modified access through the Qloud to do their own modifications without risk of their changes impacting the main model
  • Formulas can be tough to come up with if you do not have a deep grasp of SQL
  • It is graphically challenged when a visual depiction is needed
  • 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.
Excel has always been the program we have used. The time it took to modify and update projects was tedious and labor intensive.
It is an amazing program for calculating the capacity of production facilities and equipment needs/purchases. Financials are quick to update and calculate and teams have great confidence in the output of the model. However, to dig into the actual data dump is a bit of a challenge at times when you are looking for a smoking gun.

Quantrix Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial Statement Reporting
10
Management Reporting
10
Automated board and financial reporting
9
Personalized dashboards
9
KPIs
9
Cost and profitability analysis
9
Key Performance Indicator setting
9
Benchmarking with external data
9
Flat file integration
9
Excel data integration
10
Direct links to 3rd-party data sources
10