datarails.com
FP&A software solution for Excel users, automating financial processes.
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Verdict
A quick read before you dig into the full page.
- Best if
- You are finance teams and need: Automate the collection of data from across your organization and bring it all to one place
- Pick this when
- FP&A software solution for Excel users, automating financial processes
Overview
Datarails is an FP&A software solution providing finance experts with an easy way to conduct FP&A, budgeting, and forecasting. It automates data consolidation, reporting, and planning, while enabling finance teams to continue using their own Excel spreadsheets and financial models.
Best for
Short scenarios where datarails.com tends to shine.
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Automate the collection of data from across your organization and bring it all to one place.
Best for Finance teams
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Streamline your financial close by automating repetitive tasks like preparing your P&L, balance sheet and cash flow statement.
Best for FP&A analysts
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Estimate costs and revenues for the entire business, while bringing order to your budget collection process.
Best for CFOs
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Plan ahead to make sure your company’s business decisions are founded on informed and up-to-date projections.
Best for Financial controllers
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Prepare for multiple possible futures by evaluating how various changes in your financials can be expected to affect business outcomes.
Best for Business analysts
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Dive deeper into your financial or operational data to examine anything from key variance drivers to head count, sales performance, COGS and (virtually) everything in between.
Best for Finance teams
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Use graphs and charts to share the story of your data and collaborate with other teams.
Best for Finance teams
How it works
Datarails allows users to keep working in their Excel environment while automating consolidation and reporting. Users can integrate with accounting software, ERPs, and CRMs to consolidate data, create dashboards, and use AI for insights.
Example outputs 1
Sample generations and before/after results for datarails.com.
Access & connections
Where you can use datarails.com, and what it plugs into.
Platforms
Integrations
Capabilities
What this tool accepts, produces, and is strongest at.
Highlights
- Data consolidation
- Financial reporting & monthly close
- Budgeting & Forecasting
- Scenario modeling
- Analysis
- Data visualization
- AI-powered FP&A Genius
- Excel integration
FAQ 5
What is Datarails?
Datarails is an FP&A software solution providing finance experts with an easy way to conduct FP&A, budgeting, and forecasting. It automates data consolidation, reporting, and planning, while enabling finance teams to continue using their own Excel spreadsheets and financial models.
How to use Datarails?
Datarails allows users to keep working in their Excel environment while automating consolidation and reporting. Users can integrate with accounting software, ERPs, and CRMs to consolidate data, create dashboards, and use AI for insights.
How much does Datarails cost?
We tailor each package to custom-fit your needs, based on factors including the financial reporting, planning or analysis goals you want to achieve (which we call “use cases”), and the number of users and integrations. Fill out the form on this page to get pricing for the solution that meets your needs best.
Do reports, dashboards or PowerPoints cost extra?
No, there is no limit to the number of outputs you can have with Datarails. Create as many reports, dashboards or PowerPoints as you need for your finance or operations team, management or board reporting, or any stakeholders within or outside your organization. They’re fully customizable, and because they’re based on the data consolidated by Datarails, they can also be updated in real time and you can even drill down to answer questions on the spot.
Why should I pay for Datarails when I already have Excel?
Do you live in Excel? So do we! Excel is an irreplaceable tool for finance professionals – that’s why we don’t think you should replace it, we think you should supercharge it. With a Datarails license, you get both Datarails Flex, the Excel add-in for FP&A, and a web app that stores your data securely in the cloud. So you can stay in Excel – and keep your financial models and all the flexibility you normally have – without worrying about heavy spreadsheets that freeze on you and take forever to open, or having to figure out if you’re in the latest version. You’ll be able to collaborate with team members and access your financials no matter which spreadsheet or data system the numbers came from, how the data’s structured, or where in the world you’re located (as long as you have Internet access!).
datarails.com