Datarails Introduction
Datarails is an AI-powered financial planning and analysis (FP&A) platform that automates financial reporting and planning while allowing finance teams to continue using familiar Excel spreadsheets.
View MoreWhat is Datarails
Datarails is a New York-based software company founded in 2015 that provides an FP&A solution for Excel users. It aims to streamline financial operations by automating time-consuming manual processes like data consolidation, reporting, and analysis. Datarails integrates with popular accounting software, ERPs, and CRMs to bring all financial data into one place, while still allowing finance professionals to work within their familiar Excel environment.
How does Datarails work?
Datarails works by connecting to various data sources and automatically consolidating financial information into a centralized platform. Users can continue working in Excel with full functionality, while Datarails handles data aggregation, version control, and automated reporting in the background. The platform offers features like AI-powered analytics, data visualization tools, and scenario modeling capabilities. It also includes 'Storyboards', an AI tool that can automatically generate visual presentations from dashboard data. For ad-hoc analysis, Datarails provides an AI-powered FP&A Genius that can answer finance-related questions based on the consolidated data.
Benefits of Datarails
By using Datarails, finance teams can significantly reduce the time spent on manual data collection and consolidation, allowing more focus on strategic analysis. The platform improves data accuracy and provides real-time insights, enabling faster and more informed decision-making. Its integration with Excel means minimal disruption to existing workflows and a short learning curve. The AI-powered features like quick answers to finance queries and automated presentation creation further enhance productivity. Additionally, Datarails offers improved collaboration, better version control, and the ability to easily create visual representations of financial data for stakeholders.
Datarails Monthly Traffic Trends
Datarails achieved 160K visits with a 32.1% growth in traffic. The introduction of FP&A Genius, a chatbot based on conversational AI, and the Reports by Genius feature, which generates comprehensive reports, likely contributed to the increased interest. Additionally, the company's focus on AI in finance, as highlighted in their recent article on AI for finance podcasts, may have attracted more users.
View history traffic
Latest AI Tools Similar to Datarails
TurboDoc
TurboDoc is an AI-powered invoice processing software that automatically extracts and transforms unstructured invoice data into organized, easy-to-read structured data through Gmail integration and intelligent document processing.
Smart Invoices
Smart Invoices is an AI-powered invoicing application that enables businesses to create, manage, and track professional invoices quickly while offering features like automated calculations, client integration, and cloud synchronization.
Spendtally
Spendtally is a smart expense tracking app that helps users manage their finances by scanning receipts, providing spending insights, and offering personalized recommendations for better deals and healthier shopping choices.
Simplify Money App
FreemiumAI Accounting Tools
Simplify Money is an AI-powered personal finance app that helps users track spending, set budgets, manage debt, and achieve financial goals through personalized insights and guidance.
Popular AI Tools Like Datarails
Intuit
FreemiumAI Accounting Tools
Intuit is a global financial technology platform that provides financial management and compliance software and services for consumers, small businesses, and accounting professionals.
Trillion
Trillion is an all-in-one personal finance app that helps users track expenses, set budgets, and manage finances across multiple currencies and accounts with an ad-free, multilingual interface.
Receipt Snapper And Scanner
Receipt Snapper And Scanner is a mobile app that allows users to instantly capture, categorize, and organize receipts through photo scanning with automatic data extraction and smart organization features.
Accountable
Accountable is an all-in-one tax and accounting solution for freelancers and self-employed professionals in Germany, offering invoice creation, expense tracking, and automated tax filing.
View More