# Page 6 | Datarails Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Page 6 - Is Datarails the right Financial Reporting solution for you? Explore 201 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/177451/DataRails/reviews --- Datarails 4.7 (201) [View alternatives](https://www.capterra.com/p/177451/DataRails/alternatives/) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated April 15th, 2026 # Page 6 - Reviews of Datarails ## Showing most helpful reviews Showing 126-150 of 201 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use GM Gideon M. Director of Strategic Finance Accounting Used the software for: Less than 6 months ### "Great Resource" September 30, 2024 5.0 It has been very good. The product works as intended and the support team is strong. Pros It is a great tool for consolidating various complex datasets and compiling into a simple dashboard / reporting tool. Cons Some of the excel add-in functionality does not always appear to work. Excel formulas often do not work at first or require small tweaks to streamline. Alternatives considered [Runway Gen-2](https://www.capterra.com/p/10014838/Runway-Gen-2/)[Workday Adaptive Planning](https://www.capterra.com/p/130072/Adaptive-Insights/)[OneStream](https://www.capterra.com/p/153745/OneStream-XF/)[Anaplan](https://www.capterra.com/p/129412/Anaplan/) Reason for choosing Datarails Datarails reputation as a reliable solution. Review Source DH Daniel H. FP and A Manager Financial Services Used the software for: Less than 6 months ### "New FP&A user at a public company" August 8, 2024 5.0 I really like it, I would recommend it to a friend in and instance if they work in FP&A. Pros The ability to immediately see real time KPis update automatically from integrations from CRM and Sage Intacct is incredibly valuable and saves a lot of time. Cons The set up and learning process is lengthy and quite complicated. I don't know how to solve it but just know it takes time. Alternatives considered [Cube](https://www.capterra.com/p/206989/Cube/)[Prophix One](https://www.capterra.com/p/139909/Budgeting-Solution/)[Vena](https://www.capterra.com/p/131246/Vena/) Reason for choosing Datarails We ultimately chose data rails due to the customization aspect and ability to use excel as a key part of the data. Review Source SB Shay B. Data Scientist Logistics and Supply Chain Used the software for: Less than 6 months ### "Datarails is certainly on "track" to becoming something huge " August 26, 2024 4.0 Overall positive for sure, I think its simple enough to learn and use. Very powerful for reporting. Pros The visuals are very impressive. Its simple enough to use if you map correctly from the initial data source. Cons There were a few options on the dashboarding side that did not allow me to do specifically what I wanted in terms of data comparisons and splitting the data on the same chart in the way I wanted. Review Source JC Jonathan C. Head of FPA Financial Services Used the software for: Less than 6 months ### "Head of FP&A" August 6, 2024 5.0 Excellent - all the people I have dealt with are not only knowledgeable of the product but knowledgeable of their customer's use cases. Pros Ease of use - not months of set up. Product feels like you have looked into the minds of your customers and delivered what we need. Cons No cons so far. We have had the product for around 6 months. Review Source DD David D. SAP Consultant Transportation/Trucking/Railroad Used the software for: 1-2 years ### "Excellent Software" August 13, 2024 4.0 So far it has been overwhelmingly positive. Pros I like the ease of use. The report builder functionality makes it easy to build reports. Cons The layout of the menu could improve a little bit. Review Source CH Cynthia H. CFO Accounting Used the software for: 6-12 months ### "Datarails review" June 3, 2024 5.0 Excellent onboarding experience, customer service is amazing. Pros The ability to create a template in excel and then hand off the weekly creation to a lower cost resource. Cons We enjoyed the implementation process a great day. It was frustrating at some times, but mostly because we all had a learning curve (including our implementation specialist) with what we wanted to accomplish as a business and how to accomplish that. Review Source BD Bogue D. Data Analyst Construction Used the software for: Less than 6 months ### "Growing Together" June 25, 2024 5.0 Pros DataRails is amazing at increasing the speed of analysis. It has helped us gain a very quick overview of our business and all the branches. Cons As someone who needs to teach this to others, it is hard to teach to someone who does not have some background with technology. Even people with some background in excel have a tough time with all of the functionality offered. Alternatives considered [Planful](https://www.capterra.com/p/72818/Host-Analytics-EPM-Platform/)[Vena](https://www.capterra.com/p/131246/Vena/) Reason for choosing Datarails Backing by private equity while also hearing good reviews through colleagues Review Source VR Verified Reviewer Chief Financial Officer Hospital & Health Care Used the software for: 1-2 years ### "Datarails has become an integral part of our management reporting framework" February 28, 2024 4.0 The Datarails product and support team have been very good to work with. The product has automated several very manual processes that save us time and deliver actionable information more quickly. Pros Seamless integration with key business applications; strong reporting and dashboarding capabilities; integrates well with Excel to allow for next-level data manipulation and analysis. Cons Early in the implementation we discovered a limitation on the volume of data we could effectively pull into and analyze with Datarails. The implementation team helped us reconfigure some workflows, limit the data we needed to expose to Datarails, and we got to a good, workable solution. Alternatives considered [Logi Symphony](https://www.capterra.com/p/10005468/Logi-Symphony/)[Vena](https://www.capterra.com/p/131246/Vena/) Reason for choosing Datarails Datarails' interface was more intuitive. Datarails was open to signing a business associates' agreement that allowed us to access our key operational data, which is protected health information. Review Source NR Nicholas R. Financial Systems Manager Automotive Used the software for: 1-2 years ### "Fantastic and Flexible Reporting Software" January 18, 2024 5.0 Our setup and integration was extremely easy and fast. I was the dedicated builder and PM for the implementation for a 200+ store retails company and we were able to sync, validate and build out of data in just under 7 weeks. We've only had a few system hiccups along the way that Datarails has fixed or addressed with reasonably speed. We've been very happy with the decision to work with Datarails and foresee that that feeling will remain for a long time to come. Pros 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 is constantly improving and they continue to work with their customers to advance their software and address needs. The sky is the limit for cuts of data that Datarails can provide, and with nearly constant improvement over our now two years of use, our satisfaction with the software grows with each passing month. Cons It's strength with Excel is also it's weakness. Reports are only as good as the logic that is layered into Excel, so it necessitates numerous data checks to ensure that our numbers are accurate. Fortunately, Datarails makes those overall checks simple. I really want to love the Dashboards and Storybook functions, but the overall functionality of their graphing does need some improvement. Their dashboard have a really amazing variance analysis tool, but it needs updating and resources to be fully fleshed out and used as intended. Alternatives considered [Workday Adaptive Planning](https://www.capterra.com/p/130072/Adaptive-Insights/)[Anaplan](https://www.capterra.com/p/129412/Anaplan/) Reason for choosing Datarails Datarails is far more flexible and its ability to seamlessly integrate with a very old ERP system is unmatched. We also felt that the bells and whistles of the other systems were very expensive and more flashy than practically useful. Switched from [Microsoft Excel](https://www.capterra.com/p/176574/Excel/) Management Reporter (not listed) simply did not have the tools to produce the reports that we needed. Datarails has actually filled a number of holes within our accounting software, as the lookup tables have allowed to create dimensions that would be VERY difficult to manage within the ERP itself. It has taken our financial reporting from the Dark Ages and very much been a proven resource for both internal and external reporting. Review Source MM Mark M. Director of Financial Planning and Analysis Hospital & Health Care Used the software for: 1-2 years ### "Best FP&A Software" December 12, 2023 5.0 Fantastic! It has streamlined my workdays allowing me to focus on analysis instead of creating new reports. Pros Datarails has massively cut down on the time we spend assembling reports, updating our KPI's and financial reporting package is streamlined with the ability to refresh data in Excel, in addition version control is a thing of the past as we are easily able to keep track of what data we upload and when files were changed. The dashboards and widgets allow for quick and easy visualization of our data that we distribute across our locations for managers to use. Datarails continues to develop the software adding new features at a regular cadence. Cons There is not much I have run into that I dislike about the software, in the beginning some of the formula writing in setting up custom columns was difficult but the release of Datarails University with all the tutorials solved many of the issues of needing a refresher on how to do certain things in the software. Review Source Craig M. Head of Financial Planning & Analysis Computer Software Used the software for: 6-12 months ### "DataRails Review by Craig Morrow" February 25, 2022 5.0 My experience with DataRails has been first class. I have assisted with a seamless integration for Budgeting purposes and have now rolled out the solution for month end reporting. In both scenario's I have been able to reduce the time required for completion by around 40%. I particularly like the approach of having the Customer Success Manager driving the implementation and having the single point of contact through the customer journey. Pros The ease in which the product was to learn and become and expert in. The functionality within the solution is exactly what any FP&A professional should be looking for in a solution. The implementation was extremely efficient as you start to build out real life business processes from the outset which mean you get a return on investment from day 1. Cons When deciding to partner with DataRails I was fully aware that they are at the beginning of solution development journey. However, DataRails are always keen to receive feedback on possible suggestions for improvement and are continuously developing and releasing improved functionality. Alternatives considered [NetSuite](https://www.capterra.com/p/135757/NetSuite/)[Vena](https://www.capterra.com/p/131246/Vena/) Reason for choosing Datarails Implementation timescales, project milestones, cultural/company size growth alignment. Ease of use and value for money. Review Source JS John S. CEO Information Technology and Services Used the software for: 1-2 years ### "CEO-friendly FP&A tool" July 9, 2023 5.0 The company's support and new feature rollout cadence is fantastic. They are very much innovating and doing all the right things. Very bullish on them! Pros The dashboard and visualizations are the best part of Datarails. Our finance team can readily create the visualizations on our data that I can benefit the most from. Deltas and variances jump out at you, trendlines are clear, and the data reporting capabilities really are in a class by themselves. Cons Like any FP&A tool, it starts out slow. Your team has to learn how to leverage the tool and work with data that is originating outside of financial systems. It's taken us well over a year to get to the point where we're getting results and answers faster through Datarails than by manually creating a one-off report in Excel. The work has been worth it though, and it's just one of those inevitable aspects of leveling up your reporting and forecasting capabilities: it's not going to happen overnight or without a lot of training and validation work. Alternatives considered [Board](https://www.capterra.com/p/73473/BOARD/)[Workday Adaptive Planning](https://www.capterra.com/p/130072/Adaptive-Insights/)[Planful](https://www.capterra.com/p/72818/Host-Analytics-EPM-Platform/)[Vena](https://www.capterra.com/p/131246/Vena/) Reason for choosing Datarails Datarails had month-to-month commitment options, while all the competitors wanted a 3-year contract lock-in. While the contract lock-in is understandable since it takes so much time and effort to launch any FP&A solution, what really sealed the deal was Datarails handled all their integrations in-house and the other vendors all outsourced their integration work to 3rd party vendors. This meant we had to get additional contracts and had extra costs associated with the other vendors that well exceeded our budget for FP&A. Review Source MM Massimo M. CFO Financial Services Used the software for: 1-2 years ### "DataRails used as an FP&A solution" May 9, 2022 5.0 Prior to DataRails our FP&A was run exclusively through maintaining numerous excel files which resulted in a much longer monthly close process. Through DataRails, we were able to automate the generation of our allocation based segment/product P&Ls, and monthly variance reporting to Budget/prior forecast. DataRails also reduced the probability of human error. Pros The overall flexibility of the platform. DataRails was able to create exactly what I wanted using our existing data structure and financial models. DataRails was able to replicate all of the benefits of other more well known Planning Solutions at a much lower investment cost - both financial and human capital. Cons Certain aspects of our monthly forecasting process require more manual intervention than other more mature planning applications. Reason for choosing Datarails Having previously directed the implementation of larger/more well established planning solutions ( i.e. SAP PBC and Oracle PBCS), I felt that DataRails was able to give us all of the pros associated with these larger applications without having to incur the large investment and maintenance costs. Review Source LP LeeAnn P. Assistant Treasurer Sporting Goods Used the software for: 2+ years ### "Product that exceeds expectations" January 25, 2022 5.0 In one word - "unbelievable" - I expected the software would be good, but once the software was up and running it exceeded expectations. The product drove down the manual time consuming data collection from 4 business days to a couple of hours. This was essential during the pandemic as more frequent turns of the forecast was required and without this software we would not have managed. The company used the product for other use cases we did not envision when we made the initial purchase. Pros Value for money, ease of use and accuracy. Because the program is excel based it did not take long for the team to master. Created an efficient process and removed the manual work from the department by automating the vast amounts of data in a matter of minutes. As the work load grew the product became more valuable to the company. Cons One difficulty was when a Microsoft patch was released it caused some issues with a formula, but the support desk was able to help correct when we brought it to their attention. Alternatives considered [Coupa](https://www.capterra.com/p/115928/Coupa/) Reason for choosing Datarails Cost and functionality where the drivers for the decision. Ease of use and how Datarails set up and built the software for us and helped us with a desktop procedure manual. The auditing function was key to help the company know where/if changes were made Excel backend - less intimidating for users Review Source TM Tiffany M. Senior Accountant Industrial Automation Used the software for: 6-12 months ### "mce tm" December 27, 2021 5.0 Wonderful, they have been there for us from the beginning, and are still there when we need assistance. \[SENSITIVE CONTENT\] has been amazing to work with. Pros The customization. I can take a blank excel sheet and convert it into a report that I want to see, with the data that I need. Cons There are times that you have to have patience. The refresh can take a little bit of time, especially when there are a lot of tabs in a file. But, the support that we receive for the DataRails is astounding. Reason for choosing Datarails After seeing the different demos, Datarails looked more user-friendly, and easier to work with Review Source Response from Datarails January 3, 2022 Thanks a lot, Tiffany. Datarails is truly a great tool but we are sure that it would not have been the same without the guidance, hard work & dedication of you & Paul - being able to create new and insightful reports on your own. RB Rus B. Business & Projects Analyst Industrial Automation Used the software for: 2+ years ### "Amazing system with amazing support" June 29, 2023 5.0 DataRails has allowed us to monitor the performance of our business in ways we simply could not before. We have also been able to simplify a number of our reporting processes. These two things have allowed us to share information with a wider pool of stakeholders within our company and monitor the performance of our business much more closely. Pros DataRails provides us with version control, data transformation, and visualization tools that we did not have before. We have streamlined many of our reporting processes, and we also use DataRails to feed a number of Excel and PowerPoint-based reports. DataRails support is very responsive. Cons Some features don't work as expected, and it can be hard to tell if it because of a bug or user error. Review Source JF Justin F. Sr. Financial Analyst Oil & Energy Used the software for: 1-2 years ### "Datarails Review " June 10, 2024 5.0 Pros I enjoyed the flexibility to integrate excel files into the dashboards that were not DR widgets or formulas Cons I think there are some rough around edge features that could be tweaked for quality of life, but nothing that is breaking anything. Mainly centered around more options in the widgets and dashboards Review Source Bobby H. Chief Financial Officer Hospital & Health Care Used the software for: 1-2 years ### "Datarails is a great time saver" December 11, 2023 5.0 I love datarails. The implementation team was fantastic and I haven't found anything lacking. We even asked for some functionality to be added to our implementation team, and a few months later they rolled it out as a feature for all users to enjoy. Pros Datarails integrates into our accounting system and we upload our operational data via Excel so we can see our whole workspace in 1 place - the best part is the ad-hoc reporting ability in native Excel. Cons The dynamic ranges we use are massive and can bog down Excel so we had to upgrade our computers......pretty sure this is an Excel issue vs a Data Rails issue though. Review Source VR Verified Reviewer Manager FPA Wholesale Used the software for: 6-12 months ### "Datarails Rocks!" January 31, 2024 5.0 I've had an awesome experience with Datarails and I'm very happy with the selection of this tool. Pros The flexibility of reporting and acceptance that Excel is a great tool that Datarails can just make even better. Cons It cannot easily pivot dimensions in your hierarchy in reporting like Hyperion. Reason for choosing Datarails Flexibility of reporting utilization with Excel combined with overall lower cost than providers like OneStream. Review Source MS Michael S. Manger of Financial Planning and Analysis Environmental Services Used the software for: 1-2 years ### "Experience with DataRails" January 26, 2024 4.0 The overall experience with DataRails has been positive, but the company seems more interested with automating as much as possible rather than in teaching and empowering customers to become super users of the software. Pros Once set up, DataRails is an effective tool to manage our regular as well as ad hoc financial reporting. It has saved time in constructing standard reports, thus freeing up time for deeper analysis. Cons The process of setting up the environment can be tedious and confusing. Troubleshooting errors can be time consuming, particularly if your inputs are larger files (Any change to the Data Mapper needs to process to all files within a File Box) or if you have multiple inputs with different mappers (When input files are not uniform in structure, attempting to construct uniform mappers across inputs can be maddening). There is no readily available resource that can thoroughly or effectively explain the flow of data or how to construct a Data Mapper to specific needs. Switched from [Alteryx Designer](https://www.capterra.com/p/145696/Alteryx-Designer/) The switch preceded my time at Keter so I cannot say why the switch was made. Review Source JC Joseph C. Business Analyst Real Estate Used the software for: 6-12 months ### "Holding Company in the Real Estate Industry" December 22, 2021 4.0 Overall, DataRails has been great for our business. We are moving from using manual spreadsheets for financial reporting into automating this process in order to save time and look forward for trends, instead of always looking back in time at our data. It has been smooth and will be an easy transition for us. Above all else, \[SENSITIVE CONTENT\] has been super helpful. \[SENSITIVE CONTENT\] is simply the best. In addition, the Dashboard views are something that will be a great value add as we continue to introduce our portfolio companies to this software, as we are trying to sophisticate some of these businesses and force our business leaders to be continually on top of their financials, business, operations, and more. Pros My favorite part about this software is how easy it is to understand the logic that is going on behind the scenes. We are a holding company of 18 different operating companies using DataRails to automate our financial reporting process, as well as house all of our financial data in one system. Knowing how it works behind the scenes in critical and using the backend mapping is easy in order to make changes, fix errors, etc.... It makes it pretty easy to understand for the average user. Cons There is always room for improvement, like with anything. I think the biggest challenge for our company is not having all our accounting systems integrated into the system due to some industry specific accounting softwares not being able to integrate into DR. I think one thing that would be great would be more training videos or education in order to not rely on the customer success manager as much, just to improve efficiency and time. Review Source Response from Datarails January 2, 2022 Thanks Joseph for the amazing review. We couldn't be happier to work with you and the team. We look forward to improving the global scorecard, the various performance reports and dashboarding capabilities. CF Christine F. Controller Automotive Used the software for: 1-2 years ### "Great forecasting/budgeting software" June 8, 2022 4.0 Great customer service, very quick to respond and very helpful walking me thru different ways to show my data that would be easiest to maintain. Easy to use product that adapts to your company, rather than having to adapt to the product. Pros This software was very easy to implement as we transitioned from a different software. what sold us on DataRails was the ability to continue to use our current reports. Dashboard views are also great, it gave us the ability to report on operations metrics , versus some software's that only focus on financial reporting. 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 Cons Would like to see more development in consolidation/conversion, as well as adding to dashboard reporting. Alternatives considered [Insight](https://www.capterra.com/p/10010537/Insight-Salon-Software/)[Workday Adaptive Planning](https://www.capterra.com/p/130072/Adaptive-Insights/) Reason for choosing Datarails Easy of use, ability to set up based on our company needs without having to re-set our whole process, Cost Review Source MB Madison B. Business Analyst Hospital & Health Care Used the software for: 1-2 years ### "Datarails Review " March 4, 2024 4.0 Pros I like the ability to create and store multiple different reports in one platform that is easily accessible. With the number of reports our team produces it is beneficial to report out of one place. Cons There are limitations to the types of dashboards we need to create in the system. Some files we are unable to aggregate because of the data type which is crucial to a number of our reports. The file mapping can sometimes get confusing when there are additional columns that have been added and we need to reconfigure the mapping, but our historical data does not have the exact same data, it has caused issues in the past. Review Source VR Verified Reviewer VP Finance and Treasurer Environmental Services Used the software for: 6-12 months ### "A cost effective low change management tool for planning/forecasting/reporting" March 11, 2024 5.0 Pros Low change mgmt if you need to stay in your Excel environment. Leverage their technology to keep your spreadsheets, formulas and financial models. Implementation was very intuitive Cons Double edge sword......The tool is very customizable which is awesome but this means you need a fair bit of technical savvy to really get the most use outside of the standard use cases. Review Source VR Verified Reviewer Manager Construction Used the software for: 2+ years ### "Best investment for our finance team" August 14, 2019 5.0 With this platform finance brings in data from many sources in little time. This responsivity and accessibility has been essential to the identification of key drivers that used to be produced in 5 times the amount of time. Information is available on a global scale instantly so we can standardize analyses. A great investment if you’re looking to improve processes Pros Finance is pleased with the ease of use and accessibility of data Cons Would be happy if there were more frequent updates Alternatives considered [Prophix One](https://www.capterra.com/p/139909/Budgeting-Solution/) Reason for choosing Datarails We wanted to keep working on Excel. DataRails lets us do that, whereas other platforms asked us to migrate our information to their system. Review Source Response from Datarails December 2, 2021 Well said! Providing a reporting solution that works on excel is what separates us from our competitors. Please get in touch with your account manager to hear about our most recent updates, they are pretty exciting! 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