17 Reviews (All time)
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DataRails is present in 2 markets with 1 product. DataRails has 17 reviews with an overall average rating of 4.9.

Cloud Financial Close Solutions

During the past two years, the financial close (FC) market has shifted from mature on-premises offerings to cloud solutions as finance application leaders sought improvements in FC capabilities, enhanced cost control/efficiencies, greater application flexibility and shorter time to value. In addition to providing these advantages, cloud FC solutions are typically easier to use and manage than the previous generation of on-premises offerings. Topics such as the timing of cloud conversions, cloud vendors' product roadmaps and cloud product selection now account for nearly all of Gartner's client advisory conversations about FC. As defined by Gartner, the components of an FC solution support financial accounting processes to help achieve a corporate financial close. The FC market includes the following components: financial consolidation, financial reporting, reconciliation management, close management, intercompany transactions, and disclosure management.

DataRails has 1 product in Cloud Financial Close Solutions market

Financial Corporate Performance Management Solutions

Financial corporate performance management (FCPM) solutions support the office of finance's accounting processes toward the financial close, as well as targeting improvements in management reporting and analysis and external financial reporting and disclosure. FCPM also includes components of EFCA capabilities and financial consolidation capabilities. These applications ultimately help CFOs and other business leaders to gain a clear picture of their financial and organizational performance by ensuring the accuracy of the consolidation for operational and financial information that forms the basis for business decisions. This market covers solutions available as on-premise only options.

DataRails has 1 product in Financial Corporate Performance Management Solutions market