Perfect for Financial/Sales Data Crunching
February 22, 2018

Perfect for Financial/Sales Data Crunching

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with ThoughtSpot

ThoughtSpot was used primarily by the reporting and analytics team to generate dashboard reports used across the entire organisation. ThoughtSpot helps summarise various metrics and parameters essential to quantify business performance. Moreover, automation of reports using ThoughtSpot significantly reduces developer effort as well as time taken to generate and share reports.
  • Using ThoughtSpot is fairly straightforward. Interface is easy to use, can be learned quickly.
  • Support service provided is great. They are prompt and helpful.
  • Works brilliantly for finance-related reporting.
  • Initial setup of the tool can be quite a pain. Not as easy to set up as Looker or Oracle BI.
  • Search primarily works based on keywords - language processing could be better.
  • Not as productive for running analytics outside of finance/sales data.
Compared to most reporting and analytics tools of a similar nature, ThoughtSpot seems to work particularly well with financial and sales related data. In terms of ease of use, ThoughtSpot ranks above average. On the other hand, there are dozens of basic features (esp. reporting) from tools like Oracle that are surprisingly not available on ThoughtSpot.
One of the better features offered by ThoughtSpot is the ability to seamlessly import and curate data from almost any source without any compatibility issues. Compared to other tools, ThoughtSpot does a considerably better job at this. ThoughtSpot also allows for data import from multiple sources within the same report/dashboard - this feature was extensively used by my team.
ThoughtSpot has a fairly simple access control system. Access to data can be controlled by filtering access by roles assigned to each user. Access control can be applied to both data as well as actions. Data sharing and reports sharing are also pretty straightforward - you can create distribution groups for scheduling automated reports.
If your business deals with a large amount of financial or sales related data, then ThoughtSpot is a great tool for business analytics. However, if the type of data your business or your reporting team deals with consists of an amalgam from across various fields, ThoughtSpot may not be the best tool for you. Also, would not recommend for startups because of the moderately high licensing fee.

ThoughtSpot Feature Ratings

Pixel Perfect reports
8
Customizable dashboards
9
Report Formatting Templates
9
Drill-down analysis
7
Formatting capabilities
8
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
9
Publish to Web
8
Publish to PDF
8
Report Versioning
5
Report Delivery Scheduling
7
Delivery to Remote Servers
5
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
Multi-User Support (named login)
8
Role-Based Security Model
6
Multiple Access Permission Levels (Create, Read, Delete)
7
Single Sign-On (SSO)
7
Responsive Design for Web Access
Not Rated
Mobile Application
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated
REST API
Not Rated
Javascript API
8
iFrames
Not Rated
Java API
Not Rated
Customizable Platform (Open Source)
8