Analytics software, compared
Most builders' merchants choose between spreadsheets, a BI suite, a planning platform and an enterprise data platform. Each is right for something. This page sets them against the questions builders' merchants actually ask, and shows what each needs before the first answer.
Excel or Google Sheets, with exports pasted in and formulas rebuilt each period. Suits a one-off question that will not come back.
Business intelligence tools for modelling data, building dashboards and sharing reports. Suits an organisation standardising reporting across many teams.
Platforms for budgeting, forecasting and scenario planning, connected to the ledger and other systems. Suits a finance team replacing spreadsheet budgeting across the organisation.
Platforms that integrate an organisation's systems into one governed model and build applications and AI on top of it. Suits a programme to connect many systems across the whole organisation.
Reads the exports builders' merchants already produce and answers the questions below, with every figure computed by our tools and checked. Set up for you within a week.
| Time to the first answer | What it needs | Who builds it | Where “why” comes from | |
|---|---|---|---|---|
| Spreadsheets | Hours, and the same hours again every month | An analyst's time each period | An analyst, by hand, every period | Whatever the analyst builds that month, checked by whoever has time |
| BI suites | Usually days to weeks: a data model built, measures written in the tool's own language, reports designed | A clean data source or warehouse, a data model, and someone who can write the tool's measures | A BI developer or analyst, often in a central data team | A dashboard shows what changed; explaining why is usually a new report someone builds |
| FP&A and planning platforms | Usually months: models built, the ledger and other systems integrated, often with an implementation partner | Model builders, integration with the ERP or general ledger, and an implementation project | Certified model builders, internal or from a partner | Built to produce the plan; explaining the month's variance often goes back to a spreadsheet |
| Enterprise data platforms | Usually weeks to months: sources integrated, a data model or ontology built, then applications on top | Integration work across source systems, a data model, and engineers who build and maintain it | Data engineers, often with the vendor's own engineers or a partner | Possible once the model is built, as an application someone designs for it |
| Covirage | Minutes on a file you already export; set up for you within a week | The exports your systems already produce. No warehouse, no modelling language, no data team | We map the columns once and set the dashboard up for you | An explain block splits every change into its causes; the lines sum to the change, and each opens to its rows |
These are typical patterns, not a verdict on any product. Each kind of tool is right for somebody; the table shows who does the work before builders' merchants get an answer.
| The question | The measure | What Covirage returns |
|---|---|---|
| Which trade accounts buy a category from someone else? | Category share by trade | Each account's category mix against the norm for its trade, with the gap valued at the account's own spend. |
| Which trade accounts have gone quiet? | Dormant trade accounts, by prior value | Accounts past their own order gap, by prior-year value, branch and rep. |
| Who is about to hit their credit limit? | Credit limit headroom | Headroom by account against its run rate, with the ones that will stop being able to buy this month. |
| How much quote value are we losing, and to whom? | Quote conversion, count and value | Conversion by count and value per customer and branch, with the lost value listed. |
| Are we invoicing at the agreed terms? | Price realisation against terms | Invoiced against agreed prices by line, with leakage by branch and account. |
| Which projects in the pipeline match accounts we hold? | Project pipeline matched to accounts | Planning and project leads matched to existing accounts, with the estimated spend and the current share. |
Every one is an export your systems already produce. Every way data can arrive is listed on the upload page.
Category share by trade. Most merchants know an account's revenue and nothing about its basket against its peers.
Credit limit headroom. Sales and credit control look at different files and the customer falls between them.
Activation. Opening accounts is counted and celebrated. Whether they traded twice is not.
Each page sets out what the product is built for, where it is strong, and when a lighter option fits better.
Alteryx alternatives · Domo alternatives · Palantir Foundry alternatives
Databricks AI/BI alternatives · Looker alternatives · Metabase alternatives · Power BI alternatives · Qlik Sense alternatives · Sigma alternatives · Sisense alternatives · Tableau alternatives · Zoho Analytics alternatives
Adaptive Planning alternatives · Anaplan alternatives · Pigment alternatives · Planful alternatives · Vena alternatives
It depends on what is in place. With a warehouse and a data team, a BI suite or a data platform gives the most control. With exports and a question that recurs every month, a tool that reads the files and answers the question directly gets there sooner. The table on this page sets the options side by side for the questions builders' merchants ask.
Not to start. The measures on this page are computed from exports builders' merchants already produce: ledger with category, account master with trade, credit file, planning or project data. A warehouse helps when many systems must be joined continuously; it is not a prerequisite for the first answer.
It varies by approach: usually days to weeks: a data model built, measures written in the tool's own language, reports designed for a BI suite, usually months: models built, the ledger and other systems integrated, often with an implementation partner for a planning platform, and minutes on a file with Covirage, set up for you within a week.
In Covirage the AI model never does the arithmetic. It chooses the measure and explains the result; our tools compute every figure and check that the totals reconcile before anything is shown.
Asset managers · Commercial banking · Compliance · Consulting and advisory · Customer service · Distributors · Education · Finance and FP&A teams · Financial services · FMCG and CPG brands · Foodservice distributors · Freight brokers and 3PLs · Healthcare and med-tech · Hospitality · Industrial distributors · Industrial manufacturers · Insurance brokers · Investment banking · Law firms · Oil and gas services · Pharma · Procurement · Retail banking · SaaS · Sales teams · Shipping and logistics · Sports · Supply chain · Tax and accounting · Telecoms and connectivity · Trading · Wealth managers
Bring an export you already produce. The data map opens next, every column mapped once, and the first question is answered in minutes. Free, in your browser, no account. Or talk to us and we will set it up for you.