Who Uses This Software?

Business users who deal with data mining, formatting, joining and cleaning


Average Ratings

11 Reviews

  • 4.5 / 5
    Overall

  • 4 / 5
    Ease of Use

  • 4.5 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Free Trial
  • Deployment
    Installed - Windows
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    24/7 (Live Rep)

Vendor Details

  • Datawatch
  • www.datawatch.com
  • Founded 1985
  • United States

About Monarch

Monarch is a desktop-based self-service data preparation solution that streamlines reporting and analytics processes. Its the fastest and easiest way to extract data from any source including turning unstructured data like PDFs and text files into rows and columns then clean, transform, blend and enrich that data in an interface free of coding and scripting. 14,000+ customers worldwide save time and money by empowering users to get the data they need in seconds rather than hours.


Monarch Features

  • Disparate Data Collection
  • Document Extraction
  • Email Address Extraction
  • Image Extraction
  • IP Address Extraction
  • Phone Number Extraction
  • Pricing Extraction
  • Web Data Extraction
  • Data Extraction
  • Data Visualization
  • Fraud Detection
  • Linked Data Management
  • Machine Learning
  • Predictive Modeling
  • Semantic Search
  • Statistical Analysis
  • Text Mining

Monarch Reviews Recently Reviewed!


Monarch Complete turned a 5 year long project into a quarterly process.

Jul 24, 2017
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
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Pros: It's so versatile. I use it to normalize data exported from various sources so that I can make apples to apples comparisons for reconciliation and identification. It's a tremendous help to me. My description above is speaking to the fact that my first use of Monarch Complete was to develop a process to create a data table of custodian cost basis data concatenating data from 20 separate proprietary text files into a single table so that I could compare it to the same data from our portfolio accounting system - to reconcile cost basis or our clients' eligible investment accounts. Incorporating Monarch Complete into my process, I reduced a manual process that took over 2 hours to complete down to about 10 minutes - and then I was able to use Excel to reconcile the cost basis and determine all out of balance issues and report them for resolution - thereby concluding my cost basis project. During the development stage in Monarch, I saved workspaces related to this process, which allows me to then duplicate the process, I just have to change the source file name and it's done.

Cons: Mistakes are not always reversible, as I have found out and I have spent countless hours learning this lesson. When you cannot recover from a mistake, you are forced to close the workspace without saving, so all changes you made since your last save are lost and you have to start over. Basically, if you are not very technically oriented, you may find it difficult to begin working with. But that's mostly a learning curve and thankfully Datawatch has a large community of users that can assist and their support staff are very knowledgeable as well.

Overall: See my review...

Great and powerful!

Mar 26, 2018
4/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

4 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: Easy to use, powerful, options galore and there is a great help file! This program is excellent for automating mundane tasks and this software is able to read/understand data with precision. Program allows you to read files, excel, csv, etc and able to identify text, numbers and other characters. Want the program to look for a text specific field? No problem! Monarch lets you identify the type and length of expected lines/fields so you can automate with ease. Great for macro running!

Cons: Program only has a few minor negatives, such as size/resources. Otherwise, the program is pretty reliable. Sometimes you have to get a bit creative with the captures of data or try a few tricks such as looking for specific text/fields, but I find overall the program does the job well. There are a lot of variables with documents/spreadsheets so this program will help but you will need some patience :)

Overall: Benefits include time savings and automating tasks. Since Monarch can read and comprehend, it makes it the ideal software for automating bills, receipts, databases or even any type of data analysis/action items you may have. Be careful setting it up, but once you get your captures just right, the program can amaze. Speedy and reliable!

Time saver

Sep 06, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
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Pros: I use Monarch on a daily basis. This software is a huge help for those who works with lots of data information stored in different formats that needs to be cleaned and re-formatted to tables. Saves a lot of time for me. My favorite function - sort and clean all extra noise from the original files that requires formatting.

Cons: I'm comfortable with the way it works, did not find any issues.

I have a product that is fun and easy to use. I can get quick answers to important questions!

Dec 27, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
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Pros: I can quickly join different types of data together. I am able to reproduce the data structure I want every day. I can create it and then reproduce the results on the fly. Support for the product is awesome!

Cons: Training is mostly eLearning through WebEx's and YouTube. Would like to have more in class training offered. Training needs to be more than one day.

Powerful, Easy to Learn and Use

Jul 27, 2017
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: The ability to easily extract data and it also has many spreadsheet and database functionalities. Works very well with Excel and Access. Fantastic at extracting data from PDF files.

Cons: Expensive, some processes could be streamlined or be made more user friendly, some performance issues.

Overall: Increased efficiencies and greater flexibility with data.

Monarch has been invaluable with extracting data from our mortgage servicing reports

Aug 01, 2017
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
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Pros: Ease of use. When I first started, I was able to teach myself how Monarch worked and easily able to get answers for my one off questions through their discussion boards.

Cons: More knowledge around the mortgage industry reporting and how the data is presented and needs to be extracted. I had to find another user in our industry to get a lot of help with the reports.

Overall: easy data extraction into excel, text, and pdf formats

Transfer unformatted data into Excel

Mar 20, 2015
4/5
Overall

2.5 / 5
Ease of Use

4.5 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
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Pros: I like the ability to dump unformatted data into Excel. For me, this was especially useful with SAP reports that couldn't be exported to Excel cleanly. Also, I like having different models that automatically format reports depending on what I need to analyze.

Cons: Some of the functionality isn't intuitive, like editing models.

Recommendations to other buyers: Get training to steepen the learning curve. Unlike more intuitive products, training is beneficial.

Been using for 25 years

Dec 20, 2017
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: The newest version cuts out all the logic required to map data and is now automated. The new version also allows for easy database down loan of structured tables from the Internet.

Cons: It can get pretty complex, while not a con, can be more difficult to use for the the average person.

Overall: Easy of developing information into usable data and I like the compare feature as well.

Just the tool needed

Jul 24, 2017
4/5
Overall

3 / 5
Ease of Use

4 / 5
Features & Functionality

3 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: It saves SO much time on a lot of tasks that would normally take way more time to complete and does it pretty effectively.

Cons: There is a learning curve before you can use the product efficiently. Took some of our users a few months to get proficient.

Overall: its a huge time saver

I use this software to compile multiple documents into one spreadsheet.

Jul 24, 2017
4/5
Overall

3 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: I love that this software allows me to save formats, so when I come back to a similar project in a couple of weeks, I don't have to re-format my new work.

Cons: The software can be confusing to use, especially at the beginning. Once you understand the way it works, it's okay, but initially learning how the software works can be challenging.

Overall: It used to take me hours to compile all my documents in to a format that was usable. Using Monarch has reduced the time spent per month dramatically.

Best Data mapping software

Nov 22, 2016
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Comments: I've used Datawatch for about 5 years now and have yet to find a mapping need that it couldn't perform for what we do. Its very fast and is incredibly robust. You get what you pay for. It isn't cheap but it will do what you need it to do! Saves us a ton of time in daily work.