The Essence of Datarails Connect

Datarails Connect is not just a tool; it's a transformative solution crafted to turn the tedious manual tasks of finance departments into an efficient, automated, and reliable process. At its core, Datarails Connect facilitates a live connection between your Excel spreadsheets and your organization's critical systems, including ERP, CRM, and HRIS. This integration is the magic that makes Datarails Connect a game-changer in financial management.

Key Features

Instant Updates

Gone are the days of manually updating the BVA (Budget Versus Actual) every quarter. Datarails Connect enables budget owners to access updated actuals with just a click of a button, streamlining the budgeting process and enhancing accuracy.

Simplified Data Management

Datarails Connect eradicates the need to export General Ledger (GL) data from your ERP, eliminating the cumbersome use of VLOOKUPS and SUMIFS. With a simple click, users can automate the entire process, obtaining an updated Excel file effortlessly.

Cloud-Based Efficiency

Tired of waiting for large files to open? Datarails Connect stores the bulk of data in the cloud, allowing your Excel to function seamlessly with only the financial model, fed directly from cloud-based data. This not only speeds up the process but also ensures that your data is always up-to-date and accessible.

Data Consolidation and Real-Time Updates

Datarails Connect empowers users to easily consolidate data from various systems or General Ledgers into Excel, utilizing native Microsoft Excel functions to create a single, consolidated data source. Whether it's a new account, a closed deal, or a new employee, updates are reflected in your Excel in real time, ensuring that your financial models are always current and accurate.

How does it work?

Datarails Connect offers three innovative methods to query your systems, each designed to cater to different needs:

• Formulas for Aggregated Data: Users can create formulas to pull aggregated data based on specific conditions derived from their Excel data, making it easier to analyze and make informed decisions.
• Data Tables as System Mirrors: Create a data table that mirrors your organization's system data. This feature allows users to pull any column from any table or report in their ERP, CRM, or HRIS, applying relevant conditions to ensure only the necessary data is retrieved.
• Comprehensive Real-Time Reports: Generate complete reports connected in real-time to multiple systems. Whether you need classic financial reports like P&L and balance sheets or operational reports on sales, HR, inventory, or procurement, Datarails Connect delivers with precision and efficiency.

Conclusion

Datarails Connect stands at the forefront of financial management innovation, offering a powerful solution to transform the finance department's traditional challenges into opportunities for growth and efficiency. By automating manual processes and enabling real-time data integration, Datarails Connect not only saves time but also ensures accuracy and reliability in financial reporting and analysis. Embrace the future of finance with Datarails Connect, where automation meets accuracy.

Updated February 26, 2024 11:06