Planful Reviews and Ratings

Rating: 8.3 out of 10

Score

8.3 out of 10

Community insights

TrustRadius Insights for Planful are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.

Pros

Enhancements in Workforce Planning: Users have greatly benefitted from the significant enhancements in Workforce Planning, which allow for personalized records and simple updating processes, contributing to improved efficiency and accuracy within their departments. These enhancements have streamlined workforce management tasks, resulting in time savings and more informed decision-making.

Improved Support Services: Over four years, users have consistently noted a notable improvement in the platform's support services, indicating a strong commitment to customer satisfaction and continuous enhancement of user experience. The responsive and knowledgeable support team has been instrumental in addressing user queries promptly, leading to smoother operations and increased user confidence.

Cloud Compatibility: The ability to use the software on the Cloud is highly valued by users for providing flexibility and accessibility, enabling seamless access to data and tools from various locations. This feature has allowed teams to collaborate effectively regardless of physical distance, promoting teamwork and productivity across different departments or remote work setups.

Reviews

155 Reviews

Strong Reporting Capabilities and a Single Source of Truth

Rating: 8 out of 10

Incentivized

March 27, 2026

Use Cases and Deployment Scope

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.

Pros

Reporting Capabilities
Budgeting and Forecasting
Foreign Currency Translation

Cons

Limited visualizations. There is a dashboard with basic visualizations but they are limited. Additionally, its very difficult to include visuals in a report collection distribution.

Likelihood to Recommend

Planful is well suited as a planning, consolidation reporting tool for business with multiple ERP systems that eliminates the need for Excel spreadsheets that are time consuming to produce and very error prone. Being able to automatically produce a full set of financial statements and budgets and forecasts has allowed management to spend more time analysis.

Planful can be limited however if you need more real-time data.

Ben Watts

Accounting Manager in Finance and Accounting at Luna Innovations (201-500 employees)

Vetted Review

1 year of experience

Verified on LinkedIn

From Fragmented Reporting to Enterprise Visibility

Rating: 10 out of 10

Incentivized

March 20, 2026

Use Cases and Deployment Scope

[...] currently utilizes Planful for financial consolidations and is preparing to initiate the planning process. With management and legal reporting structures now aligned, the platform enables consistent consolidation and reporting across all levels of the organization, strengthening transparency and decision-making.

Pros

Planning Templates
Reporting
Admin activies

Cons

Be able to clear a specific data set.
Translation tables for Snowflake

Likelihood to Recommend

I am now able to see real time financials without going to the sources systems. Month end is proactive with variance analysis speeding up the month end process.

Verified User

Manager in Finance and Accounting (1001-5000 employees)

Vetted Review

1 year of experience

Planful has saved me so much time

Rating: 10 out of 10

Incentivized

March 20, 2026

Use Cases and Deployment Scope

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.

Pros

Consolidation of financial data
Budget and forecasting
Custom reporting

Cons

Ease of use
Auto refreshing more frequently

Likelihood to Recommend

Planful has helped my organization immensely to cut down on the manual process of our financial reporting process for each month. We have set up API connections so that most of our reports we can just refresh the new month and I have ease of mind that all the data presented is accurate so it is pulled directly from each ERP system.

Willy Zhang

Corporate Financial Reporting Manager in Finance and Accounting at American Rheinmetall (5001-10,000 employees)

Vetted Review

2 years of experience

Experience with Planful

Rating: 10 out of 10

Incentivized

December 16, 2025

Use Cases and Deployment Scope

I use playful for FP&A and budgeting purposes. It helps me save time by streamlining and automating recurring work streams and reports I need to pull each month for board meetings. This extra time saved helps me focus on analysis and strategizing instead.

Pros

Automates report-pulling
Ad-hoc analysis
Predictive analytics

Cons

Training videos could be more accessible by changing format and allowing for click-and-view rather than course registration
Customer success team members can connect to new customers sooner to help with on-boarding
Could provide more as-box assistance services on the web to help with generic user questions

Likelihood to Recommend

Great for analysis and planning, not so great if it is trying to be leveraged for other analysis outside of accounting and finance

Verified User

Analyst in Finance and Accounting (11-50 employees)

Vetted Review

Planful works well

Rating: 9 out of 10

Incentivized

December 11, 2025

Use Cases and Deployment Scope

We use Planful mainly for our consolidation tool. As of right now, we're using multiple ERP systems and this allows us to consolidate and properly analyze the business. Another thing we do is utilize dashboards, I'm sure we could do more with it but for now, it's exactly what we need.

Pros

Consolidating
Multiple Layers for different sites
Dashboards

Cons

Gross Margin Reporting
Refreshing data from our ERP systems more frequently
More admin users

Likelihood to Recommend

I would say a good scenario would be when companies are merging together and have multiple ERP systems and chart of accounts. This will help streamline into one set of financials

Verified User

Analyst in Finance and Accounting (501-1000 employees)

Vetted Review

1 year of experience

Planful is a great tool for growing finance teams

Rating: 9 out of 10

Incentivized

November 13, 2025

Use Cases and Deployment Scope

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.

Pros

Hierarchy management is as easy as dragging and dropping vastly simplifying model updates
Creating ad hoc reports are a much better process being able to rely on a consistent single source of truth
Dynamic planning/spotlight give you the option to automate even month end powerpoints and make month end reporting as easy a couple button clicks

Cons

Dynamic planning should be better integrated in the structured planning environment and should just be a different type of template I can build
The dynamic environment should not rely on the excel add in as much as it does
Integrations to outside sources like salesforce should be easier to set up instead of relying on boomi

Likelihood to Recommend

Planful is great for orgs with folks willing to transition out of excel and push their processes forward. If there is are detractors to a new tool Planful and any other EPM tool will be less successful than they could be. The system is great for teams who have "normal" set ups meaning data lives in a single ERP and gets supplemented from HRIS and some operation data. The more complicated the data sets become the more complicated the set up of an EPM tool becomes.

Adam Hoffer

SR FPA Manager in Finance and Accounting at Integrate (51-200 employees)

Vetted Review

3 years of experience

From Spreadsheets to Strategy How Planful Transformed Our FPA

Rating: 7 out of 10

Incentivized

November 13, 2025

Use Cases and Deployment Scope

We use Planful to streamline Budget, Forecast and planning in our company for all of the departments. It helps us to migrate from Manual spread sheet to Platform where we can track real time data of the financials. Our use case includes FP&A, Workforce planning across the globe, management reporting and overall financial scope of the activity.

Pros

Automates Financial close
Rolling Forecast
Reporting and Dashboard
AI scenario Planning

Cons

Learning the product - Training of the Product
Limited custmization
Mobile Experience

Likelihood to Recommend

Planful is well suited where company needs structured budgeting, forecasting and automated financial close. It helps the company fastening the process in automating and reduces the time of resource. Planful is not appropriate for the small company where there is small team and simple budgeting process followed in the company.

Verified User

Team Lead in Finance and Accounting (501-1000 employees)

Vetted Review

1 year of experience

Highly Useful all-in-one Software Requiring More Flexibility

Rating: 7 out of 10

Incentivized

November 4, 2025

Use Cases and Deployment Scope

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

Pros

Fx conversions. This is a module I particularly like. The fx conversions are automatic and apply throughout all the reports without much configuration. It is tied well to how the entities are setup in the system
Workforce reporting: This is a tricky one sometimes because there are huge security concerns.
Admin control: The admin controls page is quite easy to use. Configuring is very intuitive and maybe takes an hour to learn the ins and outs of the main functions

Cons

The consolidations module we've had some hiccups with the CTA calculation. So far no one has been able to sort out the issue. This throws our consolidated reporting totally off
Dynamic planning I understand is very powerful. Despite me being a very technical resource with depth understanding of CIS, dynamic planning is not very intuitive. I've taken their classes and have even created my own analytic models, but the truth is other systems have much simpler ways of accomplishing the same thing. Using excel as the base for creating models in my opinion is a terrible idea. This needs major upgrades

Likelihood to Recommend

For companies that are small to mid-sized I think Planful can handle the planning and reporting easily.

However, for large sized companies that may have hundreds of SBUs, I would suggest having a detailed planning phase, if Planful is chosen. With many variables, there is a lot that can go wrong, and it will be a headache to fix. When it comes to edge testing for large companies, I think Planful could do a better job.

Uzair Khan

BI Analyst (FPnA Manager) in Finance and Accounting at Nisum (1001-5000 employees)

Vetted Review

Streamlined Reporting Dynamic Modeling

Rating: 9 out of 10

Incentivized

October 29, 2025

Use Cases and Deployment Scope

Planful Analytics serves as a critical tool for our budgeting and forecasting processes. It plays a pivotal role in our annual budgeting cycle and enables effective modeling of our five-year financial plan.

Planful has significantly enhanced the efficiency of our FP&A reporting by optimizing reporting and forecasting processes through its dynamic modeling capabilities.

Pros

Their support team is very responsive and helpful
Dynamic Modeling tool allows us to build complex financial models
Frequent updates and new features that come out each quarter
Easy to use reporting that can be automated

Cons

Calculation times on our model take a long time
Dashboard function within Planful needs some work, we prefer to export data and use other dashboard tools
I'd like to see the process for Data loading and integration become simpler and more user friendly

Likelihood to Recommend

If asked about Planful by a colleague, I would respond by highlighting how Planful has helped our company streamline and automate our budget and FP&A reporting. Also, I would note how implementing Planful and building out our financial forecast has increased our forecast accuracy and ability to run several scenario analysis.

Verified User

Manager in Finance and Accounting (1001-5000 employees)

Vetted Review

6 years of experience

Planful - strong for financial reporting and data aggregation

Rating: 8 out of 10

Incentivized

August 15, 2025

Use Cases and Deployment Scope

I use Planful in a daily capacity to provide financial analysis to our field team in order for them to operate more efficiently. It allows me to aggregate both financial data along with key performance metrics so that I can answer questions for operators to drive efficiency and answer questions about the health of the business. It also lets me create dedicated reports so that I can quickly report on our financials to our key stakeholders both on a monthly basis and when they have questions about the business. Recently I have been using the planning templates in an effort to create in depth models to attempt to forecast and budget future expense based on historicals and key data inputs.

Pros

It aggregates data from different sources well, allowing me to report on a wide variety of metrics that interrelate.
I can build detailed reports so that my monthly and weekly reporting is done more efficiently
I like the tools that I am using to create dedicated models for forecasting and budgeting purposes

Cons

I think there is an opportunity to allow for more customization of reports so that they can be finalized in Planful
Data aggregation of very large data sets can be slow at times
Dashboards need more features in order to have a better use case

Likelihood to Recommend

I think it is a useful tool from a reporting standpoint. It does a good job of data aggregation from different sources, even if slow at times. I think the tools for building forecasting and budgeting templates are straight forward but allow for a level of complexity that make it both easy to use but also allow for complex builds so that our models can take into account many different variables that drive our daily performance.

Hunter Branch

Senior Financial Analyst in Finance and Accounting at SVP (5001-10,000 employees)

Vetted Review

3 years of experience

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Reviews and Ratings

Highly Useful all-in-one Software Requiring More Flexibility

Rating: 7 out of 10

Incentivized

November 4, 2025

Use Cases and Deployment Scope

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.

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

Pros

Fx conversions. This is a module I particularly like. The fx conversions are automatic and apply throughout all the reports without much configuration. It is tied well to how the entities are setup in the system
Workforce reporting: This is a tricky one sometimes because there are huge security concerns.
Admin control: The admin controls page is quite easy to use. Configuring is very intuitive and maybe takes an hour to learn the ins and outs of the main functions

Cons

The consolidations module we've had some hiccups with the CTA calculation. So far no one has been able to sort out the issue. This throws our consolidated reporting totally off
Dynamic planning I understand is very powerful. Despite me being a very technical resource with depth understanding of CIS, dynamic planning is not very intuitive. I've taken their classes and have even created my own analytic models, but the truth is other systems have much simpler ways of accomplishing the same thing. Using excel as the base for creating models in my opinion is a terrible idea. This needs major upgrades

Likelihood to Recommend

For companies that are small to mid-sized I think Planful can handle the planning and reporting easily.

Uzair Khan

BI Analyst (FPnA Manager) in Finance and Accounting at Nisum (1001-5000 employees)

Vetted Review