About Datarails
Datarails is a commercial finance platform built around the idea that finance teams keep working in Excel. It pulls financial and operational data from other systems into a governed layer, so teams can consolidate, plan and report without abandoning their existing spreadsheet models.
The vendor now brands the core platform as FinanceOS and sells several products on top of it: FP&A for planning, budgeting, forecasting and reporting; Month-End Close for tracking close activities; Cash for cash position visibility and scenario analysis; Spend Control for approvals; and Desk for handling finance requests. An AI layer, a connector for outside AI tools and a mobile app are also described.
Datarails is a hosted subscription product used by finance teams in many industries, including retail, healthcare, manufacturing and financial services. Access starts with a demo or guided tour, and the site links to a pricing page, integrations and a library of free Excel templates.
Key features
- Consolidation of data from multiple sources
- Planning, budgeting and forecasting inside Excel
- Financial reporting and data visualization
- Month-end close task tracking
- Cash position visibility with scenario analysis
- Spend approvals with real-time visibility
- Integrations with financial and operational data sources
Good fit for
- →Finance teams that want to stay in Excel
- →Faster monthly reporting and consolidation
- →Budget and forecast cycles across departments
- Tags
- fp&a
- excel
- budgeting
- forecasting
- consolidation
- financial-reporting
- finance
Datarails: questions and answers
- What is Datarails used for?
- Datarails is an FP&A and finance operations platform that connects to Excel for consolidation, budgeting, forecasting and reporting. It is a good fit for finance teams that want to stay in Excel, faster monthly reporting and consolidation, and budget and forecast cycles across departments.
- How much does Datarails cost?
- Datarails doesn't publish fixed prices; pricing is quoted on request.
- Is Datarails open source?
- No. Datarails is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Financial Freedom, SplitPro and Actual Budget.
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