Why FP&A leaders choose Centage over Datarails
What real users are saying
Datarails = Spreadsheet-only
Datarails is fundamentally an Excel add-on. Centage’s formula-free FP&A software seamlessly integrates with all major GL and ERP software and allows users to budget and forecast without ever touching Excel if they so choose.
In Datarails everything a user creates — reports, budgets, forecasts, etc — are created as spreadsheets. Datarails doesn’t notify users when a new account is added to the ERP, which leads to inaccurate reporting.
Centage = Formula-free, drag & drop
Centage is the only formula-free FP&A software. Datarails and other competitors essentially function as Excel add-ons and do not solve for formula errors, one of the most common pain points in Excel.
Datarails has a web-based portal database, but everything kicks out to Excel so it still has the fundamental problem of being buggy and occasionally “breaking” spreadsheet-based financial reports.
Excel formulas within Datarails can often be more complex than they are natively in Excel, compounding this problem. Refreshing data takes longer in Datarails than it does in Centage.
The FP&A solution that best fits your needs
We know there are a lot of FP&A software solutions out there — you’re here looking for the one that best fits your needs.
On one side, some of our competitors offer a less robust feature set (basically an Excel add-on) and a quick “set it and forget it” implementation with little to no follow-up support. If you’re a small business with no plans for major growth, these may work better for you.
On the other side, there are high-cost, high-maintenance enterprise software solutions — this will be a better fit if you’re a major company with a huge workforce.
Centage delivers powerful budgeting, forecasting, and data analysis typically only enjoyed by large enterprises, at a price point that makes it accessible for growth-stage businesses. It’s the only formula-free FP&A software.