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Finance teams of small, medium enterprises (50-2000 employees).
Used in 100 countries by entrepreneurs, businesses, school boards, start-ups programs, colleges, universities, incubators, accelerators, investors, accounting firms, and financial institutions.
DataRails has substantially improved the accuracy of our budgeting and forecasting. I love the ease of it, how accessible it makes our numbers, and how simple it is to follow real-time statuses.
Some features don't work as expected, and it can be hard to tell if it because of a bug or user error.
I've had an awesome experience with Datarails and I'm very happy with the selection of this tool.
The inability to know what type of user you are and what access you have.
Uploading of source documents with superb ease. Multicurrency subsidiaries taken care of with FX translation tables.
Just the small quirks and inconsistencies with some of the UI, additionally the inability to manually edit it.
We also really liked the idea of having a dedicated customer rep , this has been extremely helpful thru the implementation, but also in creation of all our reports.
Building a report from scratch is difficult as the data mapper is too technical & hard to comprehend.
Very good forecasting tool, especially if you have a manufacturing/product/unit type operation, provides a good tool for efficiency analysis etc.
Imputing information can be quite long and has to be done manually. There is no form of validation if you have made obvious mistakes.
Product is very easy to use and it has a great value for money. It may also connect to other systems which is important.
We no longer wanted to use the software, but the system automatically renewed our subscription. There is no refund policy - we are locked into a contract even if we wanted to cancel.
Overall good experience to check if a company is worth to grow by doing the financial settings before launching it.
Lack of some features but the software is constantly evolving.
I liked that the software integrated into Quickbooks and was fairly easy and quick to implement.
A bit tricky to set up all inputs, quite time consuming, but this is quite normal for any analyses tool.
Datarails
Top FeaturesBudgeto
Datarails
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