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About

Datarails is an AI-powered financial planning and analysis (FP&A) platform designed for Excel users who want to keep their existing models while automating tedious tasks. With FinanceOS, finance teams can consolidate data from multiple sources, generate automated reports, and streamline month-end close without leaving the familiar Excel environment. The platform integrates with leading accounting software, ERPs, and CRMs to centralize all financial data in one place. Built-in visualization tools make it easy to present KPIs, drill into real-time data, and answer stakeholder questions instantly. Datarails’ FP&A Genius uses conversational AI to deliver quick, accurate insights from fully consolidated data. By reducing manual work, the platform frees finance teams to focus on strategic analysis and business growth.

About

Improve decision-making, collaboration, and efficiencies with streamlined planning and consolidation. Spend more time growing your business and less time closing the books by streamlining planning and achieving a faster, more accurate close. The SAP Business Planning and Consolidation (SAP BPC) application delivers planning, budgeting, forecasting, and financial consolidation capabilities, so you can easily adjust plans and forecasts, speed up budget and closing cycles, and ensure compliance with financial reporting standards. Base decisions on what-if analyses and scenario planning for better outcomes. Save time and reduce errors with a single, integrated software solution for business planning and consolidation. Automate aggregations, allocations, and other manual processes to speed up planning cycles, while running what-if scenarios to identify quick course corrections.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Finance teams, CFOs, and FP&A professionals who want to automate data consolidation, reporting, and analysis while continuing to work in Excel

Audience

Business Planning and Consolidation platform for companies wanting to improve decision-making, collaboration, and efficiencies

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 4.9 / 5
ease 4.9 / 5
features 4.9 / 5
design 4.8 / 5
support 5.0 / 5

Reviews/Ratings

Overall 2.5 / 5
ease 2.5 / 5
features 3.0 / 5
design 2.0 / 5
support 2.5 / 5

Pros & Cons from Real Users

Pros

  • Centralizes our data, structured database is easy to access and draw information from.
  • Insights platform, office integration. Best features by far
  • Automatic consolidation means we don’t waste time bringing together numbers.
  • Reliable consolidation of financial statements from subsidiaries
  • simplifies reporting, can update reports whenever we want, centralized control for execs

Cons

  • Can be laggy, which can be frustrating. Esp when you're in the middle of an important calculation.
  • No cons, we've been using the platform for about 6 months now and so far smooth sailing
  • So far none, but we just recently began using the system..
  • People who love Excel love this product, and vice versa.
  • can crash if you try to overwork it, happened to me about twice

Pros & Cons from Real Users

Pros

  • It is robust and offers what should be available for consolidation/budgeting functionality. Have been a while since I used the product. Maybe it is better now.
  • SAP BPC integrates well as a financial management software, with powerful consolidation, rollup and budgeting features.

Cons

  • Have been working with number of FP&A/EPM tools and disliked this tool the most. Like almost any of the SAP suite it requires a lot of maintenance. Looks old fashioned and is not really doing the job. Also at the time it was on-premises/private cloud only. Look for a SaaS solution for this.
  • The GUI appears extremely dated and is prone to timeout and crashes. The module also does not come cheap!

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Datarails
Founded: 2015
United States
www.datarails.com

Company Information

SAP
Founded: 1972
Germany
www.sap.com/products/bpc.html

Alternatives

Martus

Martus

Martus Solutions

Alternatives

Vena

Vena

Vena Solutions
CCH Tagetik

CCH Tagetik

Wolters Kluwer
Talentia CPM

Talentia CPM

Talentia Software
FinAlyzer

FinAlyzer

Beyond Square Solutions

Categories

Categories

Financial Management Features

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management

Budgeting Features

"What If" Scenarios
Asset Planning
Balance Sheet
Capital Asset Planning
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement
Project Budgeting
Run Rate Tracking
Version Control

Financial Reporting Features

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Revenue Management Features

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Financial Management Features

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management

Integrations

Data Secure
HSI Donesafe
Lyftrondata
Microsoft Dynamics 365
Microsoft Excel
NetSuite
Netstock
Record-to-Report Automation by Redwood
SAP CRM
SCH Supplier
Sage 100
Scuba Database Vulnerability Scanner
Smart Demand Planner
Smart Inventory Planning & Optimization
StockIQ
Tech Tracker
TrueCommerce
Velt
XERAS
Xero

Integrations

Data Secure
HSI Donesafe
Lyftrondata
Microsoft Dynamics 365
Microsoft Excel
NetSuite
Netstock
Record-to-Report Automation by Redwood
SAP CRM
SCH Supplier
Sage 100
Scuba Database Vulnerability Scanner
Smart Demand Planner
Smart Inventory Planning & Optimization
StockIQ
Tech Tracker
TrueCommerce
Velt
XERAS
Xero
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Claim Datarails and update features and information
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