Datarails Reviews & Product Details

Datarails does a great job of bridging the gap between MS Excel users and FP&A users. It builds on Excel’s strengths so end users can easily enter data, review it, and visualize financial information in a way that’s clear and easy to understand. Review collected by and hosted on G2.com.

The Dr.Get formulas can be a little tricky at times, depending on how detailed you need the information to be. But this is easy to overcome over time. Review collected by and hosted on G2.com.

The Excel integration is a big one for me it didn't force us to abandon the way we already work, it just made it better. Consolidating data from multiple sources used to eat up so much time, and now reporting feels a lot more manageable. The dashboards are also a nice touch when presenting to stakeholders. On top of that, the customer support has been amazing. Jodat in particular was fantastic incredibly patient and walked us through the entire process without making us feel rushed at any point. Review collected by and hosted on G2.com.

Some of the widgets are a bit restrictive when it comes to formatting things like font size and style aren't always customizable the way you'd expect. The KPI widgets in particular can be frustrating to get looking consistent across a dashboard. It's not a dealbreaker, but for something client-facing or exec-level, those small visual details do matter. Review collected by and hosted on G2.com.

I really appreciate the structure and logic built into the platform. In my opinion, this solution is excellent, especially considering that Netsuite is not the most user-friendly ERP when it comes to reporting. This tool has truly opened up new possibilities for visibility in reporting. What I like most is how easy it is to generate a Flash Report of the financials and how quickly we can dive into specific details. Review collected by and hosted on G2.com.

There are a few technical issues I've encountered. For instance, with some reports, certain rules only apply if we download the files and refresh them in Excel, or sometimes they need to be recalculated directly on the platform. This can make the process more time-consuming, as it requires additional validations. I also find it frustrating when more than two people are working on the same Excel file—it becomes nearly impossible to manage, especially when refreshing or submitting files. Another thing I don't like is having to constantly download files from Datarails, which results in multiple copies of the same file. I realize this might partly be my own fault, but it's something that bothers me because it makes it hard to keep track of different versions. Review collected by and hosted on G2.com.

The ability to consolidate and report on the nine separate instances in QB's online that I have. This platform was a way for me to keep the accounting systems in place without having to do a very costly implementation to a more robust platform. Review collected by and hosted on G2.com.

I'm only getting done with the implementation as I write this and don't have negatives to speak of but I can say that on report editing and dynamic ranges, etc. it appears to require far more education on formula creation, etc for even a day to day excel user. Review collected by and hosted on G2.com.

What I like best about Datarails is its drillable capability, which makes analyzing data much easier and more efficient. I also appreciate how simple it is to create widgets once the data is datamapped. Lastly, the support chat is excellent—whenever I encounter an issue, the team is always helpful in providing solutions. Review collected by and hosted on G2.com.

Creating dashboards or widgets using data outside of QBO can be challenging. The platform isn’t flexible enough to build tables with multiple columns pulling from different data sources. In addition, when comparing actuals and budgets (e.g., monthly from Jan to Sep), there’s no option to show separate grand totals. Currently, the grand total column combines both actuals and budgets, but it would make more sense to have one total for actuals and another total for budgets. Review collected by and hosted on G2.com.

One of Datarails' most significant strengths is its capacity to translate complex information into a clear and concise format. The dynamic dashboard and storyboard capabilities are game-changing, providing a new level of financial understanding across the team. Our data accuracy and reporting efficiency are greatly enhanced by the platform's ability to integrate directly with our online accounting software for real-time data use. Review collected by and hosted on G2.com.

Since I'm a new user, I haven't encountered any significant dislikes yet, though the initial learning curve has been noticeable as I get familiar with the platform Review collected by and hosted on G2.com.

- Excel integration is great - it works alongside our current models and is very easy to pick up

- Good customer support with a dedicated account manager looking after you

- Straightforward to use so less issues with excel formula gremlins and bugs

- Takes the automation out of work and allows us to value add Review collected by and hosted on G2.com.

- Datarails formulas can be quite tricky to write initially to pull out the info you're looking for

- Whilst it works for us, the product does feel quite pricey Review collected by and hosted on G2.com.

The ability to consolidate a complex multi-layered business with individual models. The potential to do more is very high aswell.

We had some issues with lack of support and this was rectified quickly and the team was helpful. Review collected by and hosted on G2.com.

Our company structure has changed and this was a complex to adjust due to the set up and also as I stepped into something that was already built.

There are still some manual data dumps, I am unsure of why this was done, but something that could be resolved. Review collected by and hosted on G2.com.

A few of the most helpful things about Datarails is the budget viewing, but also the forecasting. My role as a project engineer for my company tasks me with developing budgets for the project, but also tracking that spend as we progress through. The ease of seeing how much we have spent so far and how much we will be spending in the months moving forward, allows me to communicate with our finance team to ensure funding is where it needs to be when. The ease of integrating a traditional excel spreadsheet with a web based platform is super neat. For me this will just be 1-4 projects, but for our finance team managing scores of projects around the globe, this will be paramount. Review collected by and hosted on G2.com.

The setup process is not super straightforward. If I didn't have an expereinced person guiding me on the first few, I would struggle a bit. Review collected by and hosted on G2.com.

I really like Datarails' integration with QuickBooks Online (QBO), which allows me to customize reports and drill down into more detailed analyses. I also enjoy the month-over-month variance analysis capabilities and the ability to integrate with Gusto, our labor platform, to develop comprehensive labor hours graphs, including direct, PTO, and overtime hours. Furthermore, the initial setup of Datarails was very easy, thanks to the excellent support provided by Ayelet, who was instrumental in getting me up to speed quickly and efficiently. Review collected by and hosted on G2.com.

I am frustrated that many features aren't available in our current plan, which limits our ability to fully utilize Datarails. Additionally, we are restricted to only having 5 licenses, which can be a limitation for our team. Review collected by and hosted on G2.com.