Overview
What is Planful?
Planful is a cloud-based enterprise performance management (EPM) suite. It includes financial applications for modeling, planning, consolidation, reporting and analytics.
Planful's no slouch
Great platform for a growing business
Great EPM Tool for the Mid-Enterprise
A cloud based EPM solution your FP&A team can grow with!
Wonderful Customer Service and Evolving Product
Planful System is a powerful and Comprehensive Financial Planning & Reporting System
Powerful tool for short and long-term financial planning and real-time financial and operational analysis.
Planful is NOT painful
A budget and forecast tool that makes financial planning easy!
Planful, a good tool if you have the time and skillset to properly implement
Short summary of my Planful experience.
Flexible FP&A tool to streamline reporting and budget preparations
Stressed out about budgeting?
Plan your work, work your plan, and achieve your dreams!
How Planful Differs From Its Competitors
Collaboration with Planful
Suite of Capabilities
Collaboration with Planful
Suite of Capabilities
Collaboration with Planful
Suite of Capabilities
Collaboration with Planful
Suite of Capabilities
Collaboration with Planful
Suite of Capabilities
Collaboration with Planful
Suite of Capabilities
Collaboration with Planful
Suite of Capabilities
Collaboration with Planful
Suite of Capabilities
Collaboration with Planful
Suite of Capabilities
Automation
Ease of Reporting
Finance Self-Service
Real-Time Data
Data Accuracy
Collaboration with Planful
Collaboration with Planful
Suite of Capabilities
Collaboration with Planful
Collaboration with Planful
Suite of Capabilities
Automation
Ease of Reporting
Finance Self-Service
Automation
Ease of Reporting
Finance Self-Service
Automation
Also report packs are usually very often automated with the help from Planful and the ability to send out reports on certain …
Ease of Reporting
Finance Self-Service
Automation
Ease of Reporting
Finance Self-Service
Automation
Ease of Reporting
Finance Self-Service
Automation
Ease of Reporting
Finance Self-Service
Ease of Reporting
Finance Self-Service
Automation
Ease of Reporting
Finance Self-Service
Automation
Ease of Reporting
Ease of Reporting
Automation
We do not currently use the automation …
Ease of Reporting
Finance Self-Service
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Popular Features
- Management Reporting (99)9.191%
- Management reporting (102)9.191%
- Financial budgeting (105)9.090%
- Forecasting (98)8.787%
Reviewer Pros & Cons
Pricing
What is Planful?
Planful is a cloud-based enterprise performance management (EPM) suite. It includes financial applications for modeling, planning, consolidation, reporting and analytics.
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
109 people also want pricing
Alternatives Pricing
What is Kepion Planning?
Kepion is a cloud planning & analytics software company that connects all organizations' teams under a single view of their business performance. We enable more intelligent decisions to be made by companies about their financial and operational future. Kepion global offices and partners deliver…
What is OnPlan?
Spreadsheets are widely used for planning because of their flexibility and familiarity. With OnPlan, users get access to visualization capabilities, integrations, and collaboration features, in a solution designed to give the run-of-the-mill spreadsheet model more power. OnPlan integrates with…
Features
BI Standard Reporting
Standard reporting means pre-built or canned reports available to users without having to create them.
- 8.4Pixel Perfect reports(14) Ratings
Pixel Perfect reports are highly-formatted reports with graphics and ability to preview the report before printing.
- 7.4Customizable dashboards(28) Ratings
Customizable dashboards are dashboards providing the builder some degree of control over the look and feel and display options.
- 7.6Report Formatting Templates(26) Ratings
Ad-hoc Reporting
Ad-Hoc Reports are reports built by the user to meet highly specific requirements.
- 8.6Drill-down analysis(57) Ratings
Drill down analysis is the ability to get to a further level of detail by going deeper into the hierarchy.
- 7.2Formatting capabilities(58) Ratings
Ability to format output e.g. conditional formatting, lines, headers, footers.
- 7.8Report sharing and collaboration(54) Ratings
Report sharing and collaboration is the ability to easily share reports with others.
Report Output and Scheduling
Ability to schedule and manager report output.
- 7.1Publish to Web(12) Ratings
- 7.8Publish to PDF(43) Ratings
- 6Report Versioning(27) Ratings
Report versioning is the assignment of version numbers to each version of a report to help in tracking.
- 9.2Report Delivery Scheduling(30) Ratings
Report Delivery Schedule is the ability to have reports delivered to a destination at a specific data and time.
Data Discovery and Visualization
Data Discovery and Visualization is the analysis of multiple data sources in a search for patterns and outliers and the ability to represent the data visually.
- 6.2Pre-built visualization formats (heatmaps, scatter plots etc.)(15) Ratings
Pre-built visualization formats are canned visualization types that can be selected to visualize different kinds of data.
- 6.5Predictive Analytics(18) Ratings
Predictive Analytics is the ability to build forecasting models based on existing data sets.
Access Control and Security
Access control means being able to determine who has access to which data.
- 9.6Multi-User Support (named login)(52) Ratings
Named model access means that users have access based on name and password.
- 8.9Role-Based Security Model(50) Ratings
Role-based access means that access to data is determined by job or position in the corporation.
- 8.9Multiple Access Permission Levels (Create, Read, Delete)(51) Ratings
Multiple access permission levels means that different levels of users have different rights.
- 8Report-Level Access Control(9) Ratings
Report-level access control means that the type of report determines who has access to it.
- 9.9Single Sign-On (SSO)(43) Ratings
Allows users to use one set of login credentials to access multiple applications
Mobile Capabilities
Support for mobile devices like smartphones and tablets.
- 7.4Responsive Design for Web Access(23) Ratings
Web design aimed at producing easy-to-read sites across a range of different devices.
- 7.5Dashboard / Report / Visualization Interactivity on Mobile(15) Ratings
In-app dashboard reports and data visualization.
Budgeting, Planning, and Forecasting
These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning
- 8.7Long-term financial planning(93) Ratings
3-5 year financial plan with cashflow.
- 9Financial budgeting(105) Ratings
Annual budget for revenue and operating expenses, headcount/compensation, capital expenses, projects, etc.
- 8.7Forecasting(98) Ratings
Combining actuals and budgets, rolling forecasts, driver-based models.
- 8Scenario modeling(85) Ratings
Financial or operational modeling of alternate future states and planning for each.
- 9.1Management reporting(102) Ratings
Budget vs. actual or forecast, P&L’s, performance over time, between products etc.
Consolidation and Close
Consolidation of data from multiple entities with currency management, reporting and audit trails.
- 9.6Financial data consolidation(71) Ratings
Consolidating data from several entities into a single statement using US GAAP, IFRS or other standards.
- 8.4Journal entries and reports(54) Ratings
Ability to enter journal entry adjustments and produce reports showing all journal entries for a specific period.
- 8Multi-currency management(47) Ratings
Ability to handle foreign currency conversions during consolidation.
- 7.6Intercompany Eliminations(46) Ratings
Matching and elimination of intercompany revenue, expenses, and balance sheet accounts.
- 4.5Minority Ownership(23) Ratings
Consolidate financials full or partial ownership of subsidiaries, equity pick-up.
- 7.5Local and consolidated reporting(57) Ratings
Ability to report against individual business entities and the consolidated umbrella entity.
- 7.8Detailed Audit Trails(56) Ratings
Tracing changes to data and processes that were run.
Financial Reporting and Compliance
Financial statements and regulatory filings
- 8.5Financial Statement Reporting(89) Ratings
Creation and production of balance sheets, income statements, cash flows, other schedules
- 9.1Management Reporting(99) Ratings
Tools facilitating creation of internal ad hoc or standard reports.
- 8.3Excel-based Reporting(98) Ratings
Ad hoc or formatted reports using MS Excel.
- 7.6Automated board and financial reporting(72) Ratings
Tools to help automate creation of regulatory reports such as SEC filings and board books.
- 7.1XBRL support for regulatory filing(3) Ratings
Support for the XBRL standard reporting format for exchanging financial data.
Analytics and Reporting
Dashboards and scorecards for KPI monitoring and benchmarking
- 7.5Personalized dashboards(53) Ratings
Create custom dashboards and reports without the help of IT or administrators.
- 7.2Color-coded scorecards(31) Ratings
Track and analyze performances with interactive, color-coded balanced scorecards.
- 8.5KPIs(40) Ratings
Select from a library of more than 6,000 key performance indicators, and incorporate KPIs into your planning process.
- 9.4Cost and profitability analysis(41) Ratings
Cost and profitability analysis provides data for business decision making.
- 7.4Key Performance Indicator setting(31) Ratings
Ability to set key performance indicators for measuring progress towards goals.
- 3.1Benchmarking with external data(8) Ratings
CPI, daily exchange rates, industry KPIs. with scheduled data refreshes.
Integration
Ability to integrate with external applications.
- 9.6Flat file integration(69) Ratings
Integration of flat files like text documents and comma separated files
- 7.7Excel data integration(89) Ratings
Ability to integrate directly with Excel data.
- 5.9Direct links to 3rd-party data sources(64) Ratings
Integration with external applications like ERP, CRM, HCM
Product Details
- About
- Integrations
- Competitors
- Tech Details
- Downloadables
- FAQs
What is Planful?
Planful offers end-to-end financial close, consolidation, and financial planning & analysis (FP&A) cloud software. The Planful platform is used by the Office of the CFO around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and visual analytics. The vendor states Planful's more than 1,000 customers, including Boston Red Sox, Del Monte, TGI Friday’s, and 23andMe, rely on Planful to accelerate cycle times, increase productivity, and improve accuracy across the end-to-end FP&A process. Planful is a private company backed by Vector Capital, a leading global private equity firm. Learn more at www.planful.com.
STRUCTURED PLANNING Structured Planning with Planful automates labor-intensive planning activities in a cloud-based platform – to give the finance team control, consistency, and confidence in corporate financial plans, budgets, and forecasts.
DYNAMIC PLANNING Dynamic Planning with Planful enables flexible, high-frequency, data-driven planning, modeling, and decision-making so users in every corner of the organization can analyze, plan, and make confident decisions at the speed of business.
FINANCIAL CLOSE & CONSOLIDATION Financial Close & Consolidation with Planful empowers finance to accelerate month-end close and reporting cycles by automating data aggregation, journal entries, intercompany eliminations, minority interest, entity consolidation, currency conversion, and financial reporting.
FINANCIAL REPORTING Reporting with Planful provides a library of reporting formats and delivery options, enabling finance and business users to produce a wide range of interactive financial and management reports leveraging one source of truth.
WORKFORCE PLANNING Planful helps users to tackle workforce planning using accurate and current data from across the business. By simplifying and automating time-consuming tasks and building alignment across departments, users have more time to create a stronger people strategy.
PLANFUL FOR MARKETING Planful’s marketing solution, formerly known as Plannuh, is used to measure marketing at every level of the plan for full visibility and team efficiency. To protect the marketing budget, Planful for Marketing helps marketers build, measure, execute and improve with clarity.
Planful Features
Budgeting, Planning, and Forecasting Features
- Supported: Long-term financial planning
- Supported: Financial budgeting
- Supported: Forecasting
- Supported: Scenario modeling
- Supported: Management reporting
Consolidation and Close Features
- Supported: Financial data consolidation
- Supported: Journal entries and reports
- Supported: Multi-currency management
- Supported: Intercompany Eliminations
- Supported: Minority Ownership
- Supported: Local and consolidated reporting
- Supported: Detailed Audit Trails
Financial Reporting and Compliance Features
- Supported: Financial Statement Reporting
- Supported: Management Reporting
- Supported: Excel-based Reporting
- Supported: Automated board and financial reporting
Analytics and Reporting Features
- Supported: Personalized dashboards
- Supported: Color-coded scorecards
- Supported: KPIs
- Supported: Cost and profitability analysis
- Supported: Key Performance Indicator setting
Integration Features
- Supported: Flat file integration
- Supported: Excel data integration
- Supported: Direct links to 3rd-party data sources
BI Standard Reporting Features
- Supported: Pixel Perfect reports
- Supported: Customizable dashboards
- Supported: Report Formatting Templates
Ad-hoc Reporting Features
- Supported: Drill-down analysis
- Supported: Formatting capabilities
- Supported: Predictive modeling
- Supported: Report sharing and collaboration
Report Output and Scheduling Features
- Supported: Publish to Web
- Supported: Publish to PDF
- Supported: Report Versioning
- Supported: Report Delivery Scheduling
Data Discovery and Visualization Features
- Supported: Pre-built visualization formats (heatmaps, scatter plots etc.)
- Supported: Predictive Analytics
Access Control and Security Features
- Supported: Multi-User Support (named login)
- Supported: Role-Based Security Model
- Supported: Multiple Access Permission Levels (Create, Read, Delete)
- Supported: Report-Level Access Control
- Supported: Single Sign-On (SSO)
Mobile Capabilities Features
- Supported: Responsive Design for Web Access
- Supported: Dashboard / Report / Visualization Interactivity on Mobile
Planful Screenshots
Planful Videos
Watch Annual Operational Planning
Watch Cash Flow Forecasting
Watch Workforce Planning
Watch Financial Reporting
Watch Monthly Close and Consolidation
Watch Plan, Budget & Forecast
Watch Rolling Forecasts
Watch Dynamic Planning
Watch Planful for Marketing
Watch Planful Consolidations
Watch Planful Predict
Planful Integrations
Planful Competitors
Planful Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | No |
Supported Countries | We have customers in 90 countries |
Supported Languages | English |
Planful Downloadables
Frequently Asked Questions
Planful Customer Size Distribution
Consumers | 0% |
---|---|
Small Businesses (1-50 employees) | 10% |
Mid-Size Companies (51-500 employees) | 25% |
Enterprises (more than 500 employees) | 65% |
Comparisons
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Reviews and Ratings
(209)Attribute Ratings
- 8.3Likelihood to Renew18 ratings
- 8.2Availability4 ratings
- 7.7Performance2 ratings
- 8.2Usability17 ratings
- 7.8Support Rating18 ratings
- 8.2Online Training1 rating
- 6.4In-Person Training2 ratings
- 2.3Implementation Rating7 ratings
- 8.2Configurability2 ratings
- 8.2Product Scalability2 ratings
- 5.5Ease of integration1 rating
- 9.1Vendor pre-sale1 rating
- 7.8Vendor post-sale3 ratings
- 9.1CPA Rating1 rating
Reviews
(26-50 of 115)Powerful and flexible EPM solution
- It is easy for budget owners to enter the budget information and assumptions, and efficient for FP&A to roll up the numbers and run scenario analysis.
- It has strong reporting capability. The dynamic report, report collection, and Excel interface spotlight reporting enable us to slice and dice our data and perform analysis at different dimensions.
- The integration with our accounting system NetSuite is seamless and it enables us to perform budget vs actual analysis at both the general ledger and transaction level details.
- Workforce planning could potentially be further improved to allow more intuitive forecasting, modeling and budget vs actual analysis.
Start-up using Planful
- Customization of reporting
- Ease of uploading forecasts
- Formatting of reports is inconsistently applied/retained
- There are errors in some of the exception rule calculations
Planful, great budgeting and reporting tool!
- Reporting
- Budgeting
- Planning
- User functionality
- Ease of building reports
- Unlimited users/different levels of users
- Consolidating multiple entities
- Running Reports
- Ease of loading and extracting data
- Live reports extraction from web
- More user customizability in reports
- Report maker
Excellent Finance tool!
- user security
- multiple dimension
- connection with different sources (both directions) eg. Power Bi
- user friendly
- able to copy multiple reports at the same time is one of the features I'm asking for since the beginning.
- more user-friendly Structure Planning (able to use with lots of dimension combinations without having the templates too long)
- quick and easy user audit option
- better training videos (short)
- reverse button when creating Report Sets
- Provides us with agility to make changes to our plans and budget.
- Strategic marketing all in one place for better collaboration on goals and plans.
- Automation of expense management.
- Easy to use UI.
- Consolidates plan and budget into one platform.
- Helps to automate budget import.
- Meets our requirements. Nothing missing.
- Elimination logic
- Multiple level consolidation
- Currency conversion
- Adjusting entries not suitable for base ledger
- Easy reporting interface with quick parametric point of view (POV) changes
- Quick creation of forecast versions once budget is created
- Cash flow reporting
- Easier multiple hierarchy setup
- Reporting makes it easy to "slice and dice" data as needed, as well as build out report sets that you can use to ensure the consistent look of reports like balance sheets.
- Data load rules and translation tables provide the flexibility to load data from multiple source systems with relative ease.
- Structured planning templates, combined with rolling forecasts, can dramatically cut down the time needed to get a baseline and make tweaks as desired.
- User security control could be more centralized on the platform, where you may need to navigate to multiple screens to ensure the access granted is what it should be, depending on your system setup.
- Dynamic planning (while certainly powerful and can help fulfill special use cases) does have more of a learning curve vs. other areas of Planful, especially if you are not using it frequently. That being said, Planful does have training and resources to help acquire that knowledge.
- Out-of-the-box intercompany reporting in the consolidation module can be tricky depending on how balances are booked in local source systems. Building reports using the intercompany dimension can be challenging depending on your specific company (entity) structure, but it can be done with some testing and validation.
Planful is great!
- Template creation
- Hierarchy Management
- Excel reporting/functionality through Dynamic Planning
- UI can be inconsistent between modules (reporting vs structured planning for example)
- Dynamic Planning can only be used on Windows Excel. Mac support would be amazing
- Moving things around on a template is cumbersome
A well developed product with unmatched customer service
- Aggregates financial and non-financial data in a single platform
- Allows for complicated formulas in the building of financial models
- Creates a single source of the truth throughout the organization
- It can be slow when there is a large volume of data behind the calculations
- I can't keep up with the release improvements, so I feel I'm missing out on some good features
- I understand the need, but I hate updating my password every 90 days
Planful User
- opening up the expense line to see the individual invoices
- exporting to excel
- I also use the different views to track budgets
- budgeting
- could scanned copies of invoices be attached?
Planful, it pays for itself
- Reporting
- Budgeting Process
- Scenario analysis
- Load times on large data sets
Great for consolidating of a large number of financial entities
- Workforce planning--managing a large number of employees across thousands of entities
- Excel report capabilities
- Dynamic reports within the platform
- Font and formatting options in dynamic reports
- Dashboards--more options for chart types and more flexibility in format; more useful format interface
- Administration is clunky and segmented; lots of ambiguous check boxes
Planful Customer Experience
- Direct integration to ERP systems with no manual intervention.
- Very quick processing of information & transition to Excel add-in.
- Friendly staff and a customer support team that has a desire to help adopt the product more efficiently.
- The Dashboards module is still a little clunky and restricted.
- Spotlight in Powerpoint and Word need to have more seamless data intervention (e.g., variance calculation capabilities) rather than direct queries. It could be very powerful if they developed the presentation aspect of their product.
- While constant development efforts ensue, training could improve to ensure power users are equipped with the skills to use the new products/developments efficiently.
Planful Use
- Budgeting.
- User friendly.
- Support.
- Fewer clicks.
Planful is a host like no other!
- I work mainly with Workforce Planning which does a great job of capturing labor
- The flexibility of capturing information by G/L account number and/or compensation items (such as Wages, OT and Shift differential that all go to the same G/L account) number is great!
- I wish there was a way to "combine" data/reporting between the financial cube and the Workforce Planning cube. There are times I need to dig down on the financial reports by employee and I don't have that capability.
Great software
Planful helps our clients to produce reports in a quicker, more efficient manner. It also helps our clients to prepare more meaningful reports and be able to trust their financial data more.
- Consolidation.
- Add-hoc reporting.
- Management reporting.
- Planning/Budgeting.
- Provide more training to their users.
Spotlight functionality within Planful is great and offers a familiar look and feel to our clients meaning that transition from using Excel to consolidate and and prepare reports to using Planful is very quick and smooth.
Planful - Go fast, meet your needs
- Monthly reporting.
- External source linkages.
- Non-financial data.
- Organization-wide user base.
- Data visualization.
- HRIS integration.
- Non-user interface.
A good financial tool is Planful
- Excel add-in (Spotlight) - integration in Excel is very good.
- Structured Planning - great tool to project budget and forecasts.
- Reports - It is the same idea as pivot tables, user-friendly.
- More details during the consolidation process, like estimated time to finish.
- Windows/Android/iOS Apps, sometimes is better than using directly from browsers.
- Upload directly from Excel, without using DLR, like one add-in as Spotlight.
Try Planful for a great budget planning experience!
- Always releasing system updates that improve the user experience.
- HR planning in Planful is great.
- Offering an annual user conference.
- Dashboarding module did not offer great visualization.
- Drilling through on actuals reports would be better if you could select multiple months at a time.
- I wish you could customize the columns in HR planning and the changes would save from month to month.
A solid, reliable FP&A solution that most will benefit from
- Reporting. Once data is correctly imported into the system, a user can slice and dice to create reports outlining anything they can dream. It really is super powerful, even with just the UI, though becomes more powerful when you utilise MDX formulas etc.
- Consolidations. Often consolidation functionality in ERP systems is quite limited and depends on things such as the subsidiary structure, with Planful this restriction is not here and you are able to consolidate in many more ways, depending on needs.
- Training. The Planful training courses are quite basic. It provides factual information, and if you have a photographic memory you might remember it all; though with a lack of real life examples a user can relate to, it's difficult to remember the material in a useful way.
Manager FP&A
- Flexible- it always [has] various ways to summarize data/results
- Seeding - allows you to pre-populate budget data with historical data if you want
- Excel like - the templates for budget planning mimic Excel, so training and ease of use are much faster and easier for managers
- Workforce planning - reporting is not as smooth, it feels like an add-on and doesn't integrate with the rest of Planful as well as it could. While it has a lot of detail it is hard to review that detail in some instances.
- Import/upload function - while this is available in templates for budgeting to allow you to add Excel files, it is not necessarily available in just budgeting. Data load rules can help but we feel like they are not really as flexible as just an import/upload feature.
- Process of the cube after every change and modification during budgeting as well as processing the employees in Workforce planning is also not a smooth or easy as it could be.
We like Planful
- Inherent accounting logic: credit vs debit.
- Ease of use: Particularly reporting.
- Ease of adoption for end users: Excel syntax.
- Stability of environment.
- Support: It is a difficult service to consistently do well.
- Partner support.
Planful is a powerful budgeting tool
- It's very friendly using.
- Nice, beautiful reporting formats.
- Always has new release features
- Searching entities in hierarchy
It's easy to use for end-users
Excellent customer services
Planful
- Very intuitive
- CAPEX projects are easy to enter and calculate the annual spend
- The data doesn't always output in the most clean format