DataRails Blog

The DataRails blog is dedicated to keeping you informed so you can plan smarter. Enrich your knowledge base to help your organization grow and thrive.

What-If Scenario Analyses More Important Now Than Ever
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What-If Scenario Analyses More Important Now Than Ever

Finance holds the key to crisis response agility with modern analytics tools such as DataRails that enable flexible and informed decision making. It is crucial that the management team consistently review, reassess, and- where required- reset, their action plan to ensure they remain relevant and focused on the right areas to remain viable.

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Keeping Up With Tech: The New Normal For Corporate Finance
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Keeping Up With Tech: The New Normal For Corporate Finance

While the finance department leads the direction of an organization, the function hasn’t seen much change over the years. Teams today rely heavily on Excel, just as they did some twenty years ago. Instead of leveraging the power of the large datasets available today, data analysis and business insights still depend on individual knowledge.

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Why SOC 2 Compliance Matters
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Why SOC 2 Compliance Matters

As companies continue to aggregate larger and larger volumes of data, data security becomes of greater and greater significance. This is where SOC 2 compliance comes in.

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Demystifying AI: Artificial vs. Augmented Intelligence
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Demystifying AI: Artificial vs. Augmented Intelligence

This idea of collaboration starkly contradicts the ever popular conception of machine takeover, a vision that is the source of much misplaced fear. The matter of fact is that augmented intelligence is a much more realistic representation of what is to come, and even of what is already here.

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Why Centralization Matters for your Bottom Line
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Why Centralization Matters for your Bottom Line

Centralizing data sources across your entity can assure that each division of your organization has access to a common source of trusted data, allowing for increased productivity, optimized collaboration and more confident decision-making.

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Who Runs the World? Excel.
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Who Runs the World? Excel.

“The whole world runs on Excel. Name a data-intensive critical industry: deep-sea oil drilling? Power grid management? International finance? All powered by Excel at critical junctures.”
— ng12 on HackerNews

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