Datarails Reviews

Datarails is one of the top FP&A software that automates financial processes and creates faster and more accurate budgets and forecasts.

This article will go over a variety of Datarails reviews from customers on different review sites so you can see for yourself the strengths and weaknesses of the Datarails’ software.

What better way to hear about Datarails than to see what customers themselves have to say about the product?

What does Datarails do?

Datarails is a complete FP&A tool that integrates with over 200 software integrations and any ERP or CRM. Some of the main features of Datarails are as follows:

  • Data import, consolidation, and validation
  • Budget creation and formulas
  • Native Excel
  • Generative AI chatbot and automated dashboards and reports
  • Custom dashboards and reports
  • Drill down and audit trail

Through all of these features, Datarails helps improve budgeting, forecasting, the month end close, what if scenarios, and provides a single source of truth in real time.

Datarails’ Reviews

Datarails overview from G2.

Datarails has many positive reviews across the two most popular software review sites – G2 and Capterra. Let’s go over their ratings.

Datarails Capterra Reviews

4.8/5 stars overall

  • Ease of use: 4.5/5
  • Customer Service: 4.9/5
  • Features: 4.5/5
  • Value for Money: 4.7/5

Datarails G2 Reviews

Datarails has 146 reviews on G2 with an overall rating of 4.7/5, the highest rating in the FP&A software industry.

The most common pros mentioned about Datarails on G2 are as follows:

  • Ease of Use – 90 customers mentioned it as a “pro”.
  • Excel Compatibility – 36 customers mentioned it.
  • Excel Integration (35)
  • Customer Support (32)
  • Report Creation (32)

In addition, Datarails has many success stories that shows how the software has helped companies improve their finance processes in all sorts of ways.

From our research of review sites these are the 4 main categories that customers particularly like about Datrails: 

1. Value

“The instant live reports generated by Datarails provide us with valuable insights and enable us to make informed decisions quickly, rather than manually taking days to produce information requests. The convenience and efficiency that Datarails brings to our day-to-day operations are a true benefit to our business.”

“Datarails ability to easily pull in data from many sources makes it really valueable in our monthly and weekly reporting process. What used to take hours to days now takes minutes to hours.”

“The 2024 Annual Operating Plan was built with Datarails and the CFO was impressed with the robust financial model when compared with prior years.”

2. Implementation time

“Saves me time and help my organisation to be more efficient. Ease of implementation and quick. Customer support is amazing and available at all times. Integration took 2 weeks! Cannot live without my datarail system- I use it for every single report.”

“The team that helped me get up and running didn’t hesitate to teach me how everything worked so I could learn the system and fly on my own wherever possible.”

“Ease of implementation, cost effective, great support, new features added”

“Datarails is always continuously improving its services and more importantly the ease of implementation was completed in a few weeks.”

3. Ease of Use

“DataRails is simple enough that I don’t need to waste money on expensive professional services.”

 “You can manipulate and transform data however you would like and once you’ve created the view you want to see it’s incredibly easy to update back to the datarails web environment for dashboarding and reporting. I cannot emphasize enough how helpful this is: you won’t be stuck with a rigid platform that cannot accomodate data from various sources or structures. Datarails is flexible and can truly handle EVERYTHING you throw at it!”

“Datarails has definitely sped up our internal processes. After you learn the new formulas and how information is tied in, its relatively easy to create or adapt existing reports from excel.”

4. Excel Native

“Because I can work directly in Excel, I can build templates, models, and reports exactly as I need them–without learning new software or new formula syntax. I can move fast and leverage all of Excel’s features without being hampered by limitations of other software that tries to duplicate Excel but can never quite get there.”

“ Datarails’ direct integration with Excel has allowed our team to pick up using the system very quickly. It gives us the flexibility of Excel without having to worry about massive data tables or SQL pulls to get the data to represent in a proper manner”

“DataRails works well with the two different accounting softwares we have at our firm (Sage Intacct and Netsuite) and also integrates with Excel seamlessly. This makes getting the data you want very easy, while also giving you the entirety of the Excel formatting options. DataRails language for queries is also very intuitve making learning to use the software an easier task than other softwares which require SQL.”

Conclusion

Datarails receives extremely positive feedback from its customers. All of the G2 reviews are either 4 or 5 stars and the overall rating of 4.7 is higher than all of the competitors in the FP&A industry, such as Cube (4.5), Vena (4.5), and Planful (4.3).

Check out the Datarails website for more information and a price quote.

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