Datarails is an FP&A platform that automates data consolidation from multiple sources while letting finance teams continue working in Excel for modelling and analysis.
Founded
2015
Headquarters
New York, USA / Tel Aviv, Israel
Avg. Rating
3.5 / 5
Best For
SMBs and lower mid-market organisations
Overview
Datarails positions itself as the FP&A platform for Excel-loving finance teams, with a particular focus on automating the tedious data consolidation work that eats up finance professionals' time. The platform connects to accounting systems, ERPs, CRMs, and other data sources, automatically pulling and consolidating data that finance teams can then analyse in Excel.
This approach resonates strongly with SMB and lower mid-market organisations where finance teams are small (often just one or two people) and heavily reliant on spreadsheets. Datarails has also invested in AI-powered capabilities, including natural language querying of financial data and automated report generation.
The platform is particularly strong at eliminating manual data wrangling -- the hours spent copying, pasting, and reconciling data from multiple systems into Excel. However, Datarails is less suited to complex, multi-dimensional modelling scenarios where purpose-built planning engines excel.
Feature Ratings
Rated across six key criteria for FP&A teams.
Pricing
SMB-friendly pricing typically starting from GBP 20,000-50,000 per year. Contact Datarails for a custom quote based on data sources and user count.
Best For
SMBs and lower mid-market organisations (50-500 employees) with small finance teams that need to automate data consolidation while staying in Excel.
Strengths
Weaknesses
Alternatives
Vena Solutions is an Excel-native FP&A platform that lets finance teams keep working in the spreadsheet environment they know, while adding governance, automation, and collaboration.
Jirav is a cloud-based FP&A platform designed for growing businesses and fractional CFOs, offering driver-based planning, workforce modelling, and visual dashboards.
Cube is a spreadsheet-native FP&A platform that connects to Excel and Google Sheets, offering centralised data, version control, and collaboration without replacing existing workflows.
Causal is a visual financial modelling platform that makes building and sharing interactive financial models more intuitive than traditional spreadsheets.
Compare
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FAQ
Grove FP is built for small and mid-sized businesses that need real FP&A capabilities without enterprise complexity or pricing.