DataRails FP&A Review - why 5 stars?

DataRails FP&A  Review
ITQlick Score: 82/100
ITQlick Rating:
Pricing: 4/10 - average cost
Category: Accounting & Finance -> DataRails review
Ranking:Ranked 64 out of 419 Accounting & Finance systems
Company: DataRails
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: DataRails FP&A pricing, DataRails FP&A alternatives
Shlomi LaviShlomi Lavi / updated: Mar 18, 2022

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What is DataRails FP&A ?

Datarails FP&A is a financial management software designed to automate the collection of financial data from multiple sources, analyze and simplify the information generated, and diversify the data dimensions. The software helps users make strategic forecasts by providing insights and improving operational expenses to track finances. Users can also utilize this software to build a connection between sales and finances to improve business operations.

The software has some notable features like data consolidation, management and ad-hoc reporting, revenue performance management, and variance analysis. Datarails FP&A was founded by Datarails, a software company founded in 2015, currently based in New York, United States, with an employee size of about 51-200 persons. Datarails won the FinancesOnline 2019 Rising Star Award and the 2019 High Performer Award by Fall.

Who is it best for?

The typical customers include the following business size: Small, medium and large size businesses.

What is the actual cost?

ITQlick pricing score is 4 out of 10 (10 is most expensive). Access ITQlick pricing guide for DataRails FP&A .

Pros

  • The software is responsive and easy to use and also grants easy access to data
  • It has good integrations with other software
  • The customer service team is excellent
  • Datarails FP&A software has comprehensive reporting features

Cons

  • The updates of the software could be more frequent
  • Bugs sometimes affect the system
  • The badge appears incorrectly stones

How it stacks up?

Access a head to head analysis of DataRails FP&A vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
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DataRails
ITQlick rating
5/5
Score
82/100
Pricing
4/10
License pricing
Pricing not available
Functionality
23
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Denali B...
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2.6/10
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$1,999 per license
Functionality
16
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
Intuit G...
ITQlick rating
3.2/5
Score
92/100
Pricing
6/10
License pricing
$12.50 per user/month
Functionality
3
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4

Frequently Asked Questions (FAQs)

Is it the best Accounting & Finance system?

DataRails FP&A is ranked 64 out of 419 software in their category (Accounting & Finance systems).

How they are rated on ITQlick?

The rating of DataRails FP&A is 5 stars out of 5 and the total score is 82 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, DataRails FP&A makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access DataRails FP&A on your mobile/smart phone.

What should we ask during a demo session?

Differences between DataRails FP&A and alternatives?

The most popular alternatives to DataRails FP&A in 2024: Denali Business, MoneyDesktop, MultiCHAX, Intuit GoPayment, Alight Planning Enterprise. Access the complete competitors analysis here - DataRails FP&A VS Accounting & Finance Software alternatives.

Is DataRails FP&A right for you or your business?

The software is fit for small, medium, and large businesses. It suits financial analysts and sales managers in industries like marketing and advertising, sports, financial services, and logistics. Some users of Datarails FP&A software are; Sustainable Forestry Initiative, Bauer Hockey, Annaly Capital, and Repair Smith.

List of categories

Budgeting & CPM
Financial reporting
Strategic Planning
Business performance management
Dashboards & KPIs
Predictive analytics
Residential Remodeling Estimating
Demand Forecasting / Replenishment

List of features

Version Control
Audit Trail
Budgeting & Forecasting
Financial reporting
Ad-Hoc Analysis
Ad-Hoc Reporting
Customizable Dashboard
Dashboarding
Forecasting & Budgeting
Scorecarding
Business performance management
"What If" Scenarios
Balance Sheet
Capital Asset Planning
Profit / Loss Statement

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.