List of DataRails Financial Close Customers
New York, 10119, NY,
United States
Since 2010, our global team of researchers has been studying DataRails Financial Close customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased DataRails Financial Close for Financial Consolidation and Close from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using DataRails Financial Close for Financial Consolidation and Close include: AGNC Investment Corp., a United States based Banking and Financial Services organisation with 53 employees and revenues of $251.0 million, Bauer Hockey, a United States based Retail organisation with 750 employees and revenues of $250.0 million, Forescout Technologies, a United States based Professional Services organisation with 1000 employees and revenues of $250.0 million, Annaly Capital Management, a United States based Banking and Financial Services organisation with 171 employees and revenues of $29.0 million, FeraDyne Outdoors, a United States based Retail organisation with 110 employees and revenues of $24.0 million and many others.
Contact us if you need a completed and verified list of companies using DataRails Financial Close, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The DataRails Financial Close customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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AGNC Investment Corp. | Banking and Financial Services | 53 | $251M | United States | DataRails | DataRails Financial Close | Financial Consolidation and Close | 2020 | n/a |
In 2020, AGNC Investment Corp. implemented DataRails Financial Close. The Financial Consolidation and Close deployment centralized month-end aggregation and automated reconciliation workflows for AGNC's finance and treasury functions, moving processing into a template-driven close process.
The DataRails Financial Close configuration focused on automated data aggregation, consolidation ledgers, period close checklists, and standardized reporting templates to produce consolidated financial statements and supporting schedules. The deployment preserved spreadsheet-driven ingestion and template-based reporting while introducing automated validations and audit trails to improve control during close activities. Gregory Henry, Director of Treasury at AGNC, reported what used to take me five hours now takes me 15 minutes, reflecting a significant task-level time savings.
Governance changes included centralized close ownership, role-based access controls, and audit trail visibility to support oversight across finance and treasury. Operational coverage targeted AGNC's corporate finance and treasury teams within the United States, with rollout practices emphasizing retention of familiar spreadsheet templates and embedding close controls into routine month-end workflows.
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Annaly Capital Management | Banking and Financial Services | 171 | $29M | United States | DataRails | DataRails Financial Close | Financial Consolidation and Close | 2020 | n/a |
In 2020, Annaly Capital Management implemented DataRails Financial Close within the Financial Consolidation and Close category to centralize Corporate FP&A consolidation and period-end close processes. The deployment targeted the Corporate FP&A function and was designed to reduce reliance on manual spreadsheet reconciliation by establishing a single consolidation workflow.
The implementation emphasized core Financial Consolidation and Close capabilities, including multi-entity consolidation, automated data validation, journal entry orchestration, intercompany elimination logic, and standardized close sequencing. DataRails Financial Close was configured to support controlled data ingestion and reconciliation workflows, and to deliver consolidated financial reporting and analytics for month-end close and management reporting.
Configuration work included establishing centralized data models, audit trails, and role-based access controls to strengthen data integrity and traceability during the close. Bryan Alves, Associate, Corporate FP&A, said "DataRails provides me with the highest level of data integrity, and their outstanding data insights help us make better business decisions," which highlights the implementation focus on reliable data and decision-support analytics.
Governance and process changes aligned FP&A ownership of consolidation rules with formalized close calendars and validation checkpoints to standardize month-end activities. Annaly positioned DataRails Financial Close as the central system for consolidation and close orchestration within its corporate finance function.
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Bauer Hockey | Retail | 750 | $250M | United States | DataRails | DataRails Financial Close | Financial Consolidation and Close | 2021 | n/a |
In 2021 Bauer Hockey implemented DataRails Financial Close to automate its Financial Consolidation and Close workflows and to eliminate manual consolidation of heterogeneous retailer Excel files. The initiative targeted the companys month-end consolidation and reporting processes in Global Sales Operations and Finance, addressing a process where dozens of retailers submitted sales data using inconsistent templates across a large product catalog including helmets, skates, sticks and protective gear.
The deployment used DataRails Financial Close backend databasing and automated ingestion to normalize and consolidate spreadsheets, preserving consolidation accuracy even when retailers changed rows or columns in their templates. Functional capabilities implemented include automated data collection, schema-flexible mapping and normalization, anomaly detection and validation flagging, and interactive financial dashboards that enable drill down and trend analysis across product lines and channels.
Operational coverage included aggregation of retailer-submitted Excel files into a centralized consolidation layer used by sales operations and finance analysts, with dashboards surfaced to provide a bird's-eye view and detailed drill-down into sales performance. The implementation shifted effort from data collection and manual error checking to analysis and decision support, delivering a hands-off consolidation workflow and a single source for consolidated sales and financial reporting.
Governance and process changes focused on structured validation and exception workflows, with DataRails automatically highlighting changes and anomalies to increase confidence in reported figures. As a result Bauer Hockey was able to reduce time spent on manual consolidation, lower error risk in the consolidated dataset, and accelerate access to insights for operational and financial decision making.
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Euclid Systems Corporation | Life Sciences | 130 | $15M | United States | DataRails | DataRails Financial Close | Financial Consolidation and Close | 2021 | n/a |
In 2021 Euclid Systems Corporation deployed DataRails Financial Close to solve multicurrency consolidations and reporting gaps that the company’s ERP could not address, targeting Financial Consolidation and Close workflows within the finance organization. Euclid is a specialty orthokeratology contact lens manufacturer and distributor operating across multiple legal entities, and the implementation focused on month-end consolidation rollups and comparative reporting for budgeting and forecasting.
The deployment centered on loading Trial Balance files from each entity, applying appropriate foreign exchange rates, and using lookup tables to map chart of accounts into rollup groupings. DataRails Financial Close was configured to manage multiple budget versions imported from spreadsheets, enable period-to-period and actuals versus budget comparatives on demand, and provide account-level drill down and built check totals to validate balances during the close process.
Operationally the solution is used by Euclid’s finance team for monthly close, multicurrency consolidations, and IFRS to US GAAP bridging, where the same account is mapped to different rollup groupings within a lookup table to support alternate presentations. The implementation workflow emphasizes simple data ingestion of trial balances and budget uploads, on-the-fly comparative reporting, and rapid reconciliation using drill-down to base accounts.
Governance and process changes were limited to finance centric close procedures, with the team adopting a cadence of loading TBs, entering FX rates, validating check totals, and producing consolidated outputs. Euclid reported materially faster validation during close, reducing the monthly foreign currency conversion and consolidation validation from roughly a day to approximately an hour, and the CFO characterized DataRails Financial Close as the easiest consolidation tool he had worked with.
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FeraDyne Outdoors | Retail | 110 | $24M | United States | DataRails | DataRails Financial Close | Financial Consolidation and Close | 2021 | n/a |
In 2021, FeraDyne Outdoors implemented DataRails Financial Close to address budgeting, version control, and collaborative FP&A workflows within its retail manufacturing environment. The deployment was oriented toward Financial Consolidation and Close functionality, with a primary goal of creating a single, livestreamed budget process that allowed finance and department heads to track changes and remain aligned on the most current numbers.
The implementation configured DataRails Financial Close to deliver a collaborative template driven workflow, where the finance team creates and distributes standardized templates to department heads who submit updated financials. Core capabilities implemented include version control, a live data update stream, dynamic filtering by department, cost center, and GL account, and visual analytics via the DataRails Insights feature for drill down and slice and dice analysis.
Operationally the platform consolidated inputs from different source systems into a unified DataRails environment, enabling scheduled reuploads and a continuously refreshed single source of truth for budgeting and month end close activities. The rollout focused on departmental coverage across finance and business unit managers, converting prior ad hoc spreadsheet consolidation into an accountable submission process with named owners for each department template.
Governance changes centered on enforcing template submission responsibilities and reducing manual reconciliation meetings, so stakeholders work from the latest dataset rather than divergent spreadsheet versions. According to Lynn Hopper, Senior Financial Analyst, the implementation simplified a process that previously consumed many weeks, shifted time toward analysis rather than compilation, eliminated delays caused by out of date spreadsheets, and improved the team’s ability to visually interrogate and drill into financial data using DataRails Financial Close.
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Professional Services | 1000 | $250M | United States | DataRails | DataRails Financial Close | Financial Consolidation and Close | 2020 | n/a |
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Banking and Financial Services | 60 | $19M | United States | DataRails | DataRails Financial Close | Financial Consolidation and Close | 2021 | n/a |
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Transportation | 200 | $19M | United States | DataRails | DataRails Financial Close | Financial Consolidation and Close | 2021 | n/a |
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Transportation | 70 | $10M | United States | DataRails | DataRails Financial Close | Financial Consolidation and Close | 2021 | n/a |
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Professional Services | 10 | $2M | United States | DataRails | DataRails Financial Close | Financial Consolidation and Close | 2019 | n/a |
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Buyer Intent: Companies Evaluating DataRails Financial Close
- Corner Collection, a Canada based Leisure and Hospitality organization with 500 Employees
- RNK Tech, a Canada based Professional Services company with 10 Employees
Discover Software Buyers actively Evaluating Enterprise Applications
| Logo | Company | Industry | Employees | Revenue | Country | Evaluated |
|---|---|---|---|---|---|---|
| Corner Collection | Leisure and Hospitality | 500 | $100M | Canada | 2025-03-11 | |
| RNK Tech | Professional Services | 10 | $1M | Canada | 2024-06-02 |