Clear Analytics Review - why 4.5 stars?

Shlomi Lavi / updated: Mar 28, 2022

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What is Clear Analytics?

Clear Analytics is a software developed to bring you self-service Business Intelligence via Excel. The idea is to create a scenarios where you don't have to hire an extra specialist to gain insights from your data. Instead, you can rather convert your day to day Excel user into a power analyst. Clear Analytics was designed to amplify the the tool most businesses already use, Excel.

Clear Analytics is a creation of Ana-Data, a technology consulting company founded in 1993. Ana-Data's main focus is to build applications that can assist clients with respect to their operational needs. With over 20 years of experience in the field, the software company has managed to attract key customers operating at all levels of enterprises from startups to Fortune 500 companies.

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Who is it best for?

Clear Analytics would be a good match for those companies willing to continue using Excel but with additional features that would allow them to amplify the understanding of the data at hand. The software was developed for companies willing to elevate their productivity by increasing efficiency and improve Return of Investment.

In most cases, Clear Analytics has been used by banks, financial services, insurance companies, asset management agencies and real estate investment trusts. Example of customers currently relying on the software are Bank of America Corporation, AIG, UBS and Stone Harbor Investment Partners LP.

Main features and functionalities

The first advantage of using Clear Analytics is that companies employees will not have to learn to use a brand new software, they can continue using their familiar Excel interface. The software is also designed to store spreadsheets and version them in a centralized manner in order to eliminate potential loss of information.

With Clear Analytics, businesses can easily consolidate data from many different source. This cancels the need for spending money on developing a Data Warehouse. Businesses using this application will also be able to share actual data instead of spreadsheets and at the end of the day, this should enable them to answer critical question with the with self service Business Intelligence.

What is the actual cost?

ITQlick pricing score is 2.4 out of 10 (10 is most expensive). Access ITQlick pricing guide for Clear Analytics. You can also find here pricing information from Clear Analytics's website.

Pros

• Clear Analytics allows workers to continue using Excel with the extra benefit of improving efficiency and ROI.
• Clear Analytics does not require the user to acquire any additional skill except that of Excel
• Critical spreadsheets are stored in many updated versions to lower chances of file overwriting
• Clear Analytics allows data to be pulled from many different sources, canceling the need to pay for a Data Warehouse
• Clear Analytics eliminates manual preparation of spreadsheet by injecting data automatically while leaving your layout intact

Cons

• Clear Analytics cannot be used without having Excel available on the PC
• Because it is dependent on Excel, it can only be used on Windows operating system
• Clear Analytics is only available in the English language
• There are no app allowing Clear Analytics to be accessible on mobile devices
• Clear Analytics fails to offer cloud based tools necessary for large enterprises to collaborate.

How it stacks up?

Access a head to head analysis of Clear Analytics vs alternative software solutions.

Frequently Asked Questions (FAQs)