Company Overview

About DataRails

DataRails Details

Founded

2015

Revenue

$9.8M

Funding

$54M

Team Size

210

What SIA Thinks

DataRails is a software solution designed specifically to help financial teams manage their budgeting, planning, and reporting activities more efficiently. It takes all the complexity out of financial reporting, allowing teams to work more accurately and collaboratively. At its core, DataRails is all about simplifying the way financial data is collected, processed, and analyzed.

Using DataRails, finance professionals can integrate data from multiple sources into a single, unified platform. This means no more juggling multiple spreadsheets or dealing with outdated information. The software automatically pulls in the latest data, so users always have up-to-date numbers at their fingertips.

One of the main benefits of DataRails is its ease of use. You don’t need to be an expert in data management to get the most out of the software. Its user-friendly interface makes it simple to create financial reports, run detailed analyses, and generate valuable insights. It’s particularly useful for financial planning and analysis (FP&A) teams who need to produce accurate forecasts and track performance against budgets.

DataRails also enhances collaboration within finance teams. Because everyone has access to the same centralized data, team members can work together more effectively. The platform supports sharing and commenting on reports directly within the system, making it easy to communicate and align on financial plans and results.

With robust security measures in place, DataRails ensures that sensitive financial information remains protected. Businesses can trust that their data is secure, adhering to industry standards and best practices.

Ultimately, DataRails is about making life easier for finance teams. By automating routine tasks and providing powerful tools for analysis and reporting, it frees up time for more strategic activities. This enables teams to focus on what really matters: driving better financial outcomes for their organizations.

Metrics History

7/22 - 4/24

Trending up by 5.2% this month
Showing teamSize history

Pros and Cons

Pros

  • Automates tasks
  • Streamlines reports
  • User-friendly interface
  • User friendly
  • Time-saving features
  • Cost effective
  • Cost effective
  • Good customer support
  • Customizable reports
  • Time-saving features

Cons

  • Limited integrations
  • Occasional bugs
  • Limited integration
  • Learning curve
  • Network dependency
  • Learning curve
  • Support response time
  • Initial setup time
  • Pricey upgrades
  • Subscription cost

Reviews

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