Arcwise vs Better Analyst (formerly Formula Bot) (2026): which should you pick?

Pick Arcwise if

• Fits if your metrics live in a warehouse and you need to explain moves in them
• Works for data teams that can book a demo and connect their own LLM keys

Look elsewhere if

• Skip it if you want a spreadsheet app, which this no longer is
• Not for you if you want to try it without talking to anyone
• Watch out: the SOC 2 Type II claim is the vendor's own, and no prices are shown
• Too light for anyone without a data warehouse

Pick Better Analyst (formerly Formula Bot) if

• Fits if you want to ask questions of a file or database in plain words
• Works for people with Google data sources who want dashboards

Look elsewhere if

• Tight if you stay free: 10 chat messages a month and 1 data source
• Skip it if you want a formula generator only, as the product has moved toward BI
• Pricey if you add credits, at $10 per 1,000, with unused top-ups carrying over one month only
• Watch out: Team is $119 for 5 people, and embedded chat is capped at 1,000 messages a month

Arcwise

• No prices are published; the site offers a demo booking and the paid and free terms of use are separate documents.
• The current site is about warehouse metrics, not editing spreadsheets, so it is a poor fit for someone who wants a spreadsheet app.
• The security page lists SOC 2 Type II as the vendor's claim, with your own LLM keys supported.

Better Analyst (formerly Formula Bot)

• The product has moved beyond a formula generator toward BI-style analysis; it is a web app, not an add-in inside Excel.
• The free plan allows 10 chat messages a month.
• Credit top-ups cost $10 per 1,000 AI credits, and unused top-ups carry over only one month.
• Embedded chat for your own site is limited to 1,000 messages a month on Team, then $50 per 1,000.

Arcwise

Early metric change detection

Flags meaningful shifts in performance metrics before they come up in reviews.

Traced explanations

The vendor says every explanation is grounded in the connected data and documentation and can be audited.

Business context

Docs, definitions and operating logic can be connected so explanations follow the company's own terms.

Reports in your workflow

Reports are delivered in the Arcwise app or embedded in docs and slides.

Better Analyst (formerly Formula Bot)

Chat with your data

Ask questions in plain English about a file or connected source; the site says each answer shows the SQL or Python behind it.

Dashboards

Describe a dashboard and edit it by chat or by dragging; share it with viewers who each see only the rows they are allowed to. Free viewers are on Team.

Alerts and Data Flows

Scheduled tasks, alerts and data flows run daily on paid plans, with hourly flows on Team.

Connectors

Listed sources include Google Sheets, Airtable, Google Analytics, Search Console, Google Ads, BigQuery, Snowflake, PostgreSQL, MySQL, SQL Server, Power BI and Tableau.

Bulk jobs on AI credits

PDF-to-Excel conversion costs 10 credits a page, enriching a row 1 credit and a deep research report 20; chat and dashboards use none.

Arcwise

Pricing could not be confirmed. See arcwise.app.

Better Analyst (formerly Formula Bot)

• Free$0

  10 chat messages and 100 AI credits a month, 1 data source, 1 dashboard.

• Pro$20

  per month, billed annually ($30 billed monthly)

  One person: unlimited chat and data sources, unlimited dashboards refreshed daily, 3,000 AI credits a month.

• Team$119

  per month for 5 people, billed annually ($149 billed monthly)

  5 people included, $15 a month per extra person up to 50; 10,000 shared AI credits, free dashboard viewers, Slack agent, hourly Data Flows.

• EnterpriseCustom

  Sold through sales on an annual contract: SSO, SCIM, audit log, DPA, SLA and invoicing.

Arcwise

No public discounts listed.

Better Analyst (formerly Formula Bot)

• Annual discount

  Save up to 33% with annual billing

  The pricing page states annual billing saves up to 33%; Pro is $20 a month annually against $30 monthly.