Request a demo

Why Choose Datarails over Abacum?

Datarails simply offers greater value in just about every category. As the only completely native Excel FP&A solution, Datarails ensures a quick implementation time and no changes in your data and how you work. In addition, its AI chatbot, drill down capabilities, dashboards, and AI generated storyboards make for the most efficient and time-saving FP&A solution on the market. 

Capterra rating: 4.7

G2 rating: 4.9

Request Demo

What you can do with Datarails

Excel Compatibility

Month-End Close

Budgeting & Forecasting

Integrations

Scenario Management

Workflows

Platform Approach

Risk Management

Native Excel integration — full functionality, no disruption to workflows
Supports close, consolidations, cash management, and FP&A in one platform
Flexible with daily, weekly, monthly forecasting with AI-powered insights
Connects to 200+ ERPs, CRMs, HR systems, and banks
Advanced scenario planning with customizable logic, drivers, and assumptions
Robust out-of-the-box workflows with automation and role-based ownership
One platform, one data model → all teams in sync
Built on Excel, the universal finance standard. Zero replacement risk
Subpar Excel add-in with limited functionality
No month-end close capabilities
No weekly budgeting or forecasting capabilities
Not able to integrate with banks
Can only change values of assumptions; unable to change logic
Limited OOTB workflows. requires manual logic building
All web logic, limited SA pool → business disruption risk
Trying to replace Excel adds cost and significant business risk
Excel Compatibility
Native Excel integration — full functionality, no disruption to workflows
Subpar Excel add-in with limited functionality
Month-End Close
Supports close, consolidations, cash management, and FP&A in one platform
No month-end close capabilities
Budgeting & Forecasting
Flexible with daily, weekly, monthly forecasting with AI-powered insights
No weekly budgeting or forecasting capabilities
Integrations
Connects to 200+ ERPs, CRMs, HR systems, and banks
Not able to integrate with banks
Scenario Management
Advanced scenario planning with customizable logic, drivers, and assumptions
Can only change values of assumptions; unable to change logic
Workflows
Robust out-of-the-box workflows with automation and role-based ownership
Limited OOTB workflows. requires manual logic building
Platform Approach
One platform, one data model → all teams in sync
All web logic, limited SA pool → business disruption risk
Risk Management
Built on Excel, the universal finance standard. Zero replacement risk
Trying to replace Excel adds cost and significant business risk

Datarails Benefits

Stay with your own Excel files

Keep working in Excel and keep your financial models. But now you benefit from a unified database, version control, and dashboarding.

From manual work to automation

No longer spend hours and days manually working with multiple different Excel files or software and tech stacks which don’t talk to each other. Enjoy instant updates in seconds, freeing you up for more valuable and strategic finance work.

Tailored to your OKRs and KPIs

Consolidate your data based on the organization’s exact needs and shifting challenges. Allocations, eliminations, FX, and other financial calculations are included as standard.

Using Datarails, our customers save

Igor Bernadski, CFO

Montreal Mini-Storage

$500K

in productivity costs

50

hours of labor a month

75%

less manual spreadsheet work

What you can do with Datarails

Consolidation

Automate the collection of data from your organization and bring it all to one place

Budgeting

Estimate costs and revenues for the entire business, while bringing order to your budget collection process and saying goodbye to back-and-forth emails

Data visualization

Embrace the notion that not everyone loves a spreadsheet as much as you do, and use graphs and charts to share the story of your data and collaborate with other teams

Forecasting

Plan ahead to make sure your company’s business decisions are founded on informed and up-to-date projectionsn

Scenario modeling

Prepare for multiple possible futures by evaluating how various changes in your financials can be expected to affect business outcomes

Analysis

Dive deeper into your financial or operational data to examine anything from key variance drivers to head count, sales performance, COGS and (virtually) everything in between

Request a demo

Datarails is a financial planning and analysis platform for Excel users. It automates data consolidation, reporting and planning, while enabling finance teams to continue using their own Excel spreadsheets and financial models.