Planful

We use Planful as our budgeting and consolidation software for our whole company which is comprised of many legal entities and multiple ERP systems. By having a single source to consolidate all of our financial information, it has vastly improved our reporting and budgeting process to where we can spend more time analyzing the results.

• Reduced Accounting Close by 2 days.
• It has improved our reporting capabilities by allowing us to report in Business Units and produce cash flow statements.
• More visibility into what is driving our variances from budget and has allowed us to identify cost savings

NetSuite ERP, Workiva

We have 3 separate companies with 3 separate ERP systems. Planful is our consolidation tool so that we can consolidate all the financial data seamlessly. Also, we utilize Planful for budget and forecasting.

• Timeliness of financial information
• Accuracy of financial information

Deltek Costpoint

We use Planful ) at a department level here for budgeting and forecasting our department costs. It is helping us manage our workforce as well as stay on budget for the year. We have been able to complete a rolling forecast and allows our money managers to budget better than they ever have in the past. Because we are doing so

well managing our finances, we’ve recognized ways that we can help other home

office depts be more successful in their workforce planning and financials. In

2021, had Kiewit Technology Group not used Planful, we may not have been under

budget. So, our dept being under budget resulted in All Overhead Depts coming

in under budget.

• Increased awareness of financials by our money managers
• Coming under budget last year was a huge accomplishment for us and made us look like rockstars to all overhead depts.
• Reporting is quick and easy to use
• REPORTING! At the click of a button, we have Actuals for our entire dept. Our managers can update their forecast and in seconds, all their reports are up to date.
• We’ve created a solid Month End Process & Financial Calendar for our money managers that lays out all important dates (month end close, variance meetings, projections due, etc).
• We also created additional GL’s (PTO Taken/Attrition) in our Opex Template. We specifically broke those out so that our money managers could see them, and they weren't all bundled up in one compensation item.

SAP Concur, SAP SuccessFactors, Microsoft Power BI, Tableau Desktop

We use Planful for month end reporting automation and for all forecasting and budgeting needs. It also automates our month over month reporting for the accounting teams as well as any ad hoc reporting the finance team may need to provide to the rest of our org. Planful serves as a single source of truth for finance and drastically simplifies all of our processes.

• It has significantly shrunk the amount of time for Finances close review
• It has increased trust in the finance org because reporting requires less revisions
• Team does not spend as much time checking data and can spend more time analyzing it

Vena, Oracle Hyperion (legacy), Prophix and Workday Adaptive Planning

NetSuite ERP, Microsoft Excel, Looker Studio

We use most of the Planful modules i would say.

From reporting to consolidations and planning, we pretty much are involved in the entire stack.

Planful does a very good job with the planning and reporting. Their planning breaks down by any dimension you want it to, and then it also assigns the permissions accordingly. This allows for a natural budget/forecast rollup.

From the reporting end also, we were able to spin up hundreds of reports in no time. The reporting is modular and so you actually need less reports.

Moving away from excel is a big plus for the company since it gives the users a homogenous experience regardless of the OS they are using

• Planful has reduced time to generate dynamic reports immensely. Cannot give hard figures
• The planning setup is easy and saves time since it is just rolled over period after period

Vena and Workday Adaptive Planning

Sage Intacct, Paycom