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Planful

Planful

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.

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Recent Reviews

Planful is NOT painful

10 out of 10
December 13, 2023
Planful is currently used by our Technology Group, an overhead department in the company. Additionally, Kiewit Business Services, another …
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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

View all 45 features
  • Financial budgeting (106)
    8.3
    83%
  • Management Reporting (100)
    8.0
    80%
  • Forecasting (99)
    8.0
    80%
  • Management reporting (103)
    8.0
    80%

Reviewer Pros & Cons

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Pricing

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N/A
Unavailable

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?

110 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 Spoom?

Spoom (formerly Analyza) is a business intelligence solution that is provided by Spoom Software (formerly PIT Business). The vendor provides support services in Luxembourg, Belgium, France, and other parts of Europe. Spoom allows users to: Build several indicators and dashboardsBuild ad-hoc…

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Features

BI Standard Reporting

Standard reporting means pre-built or canned reports available to users without having to create them.

6.7
Avg 8.0

Ad-hoc Reporting

Ad-Hoc Reports are reports built by the user to meet highly specific requirements.

7.3
Avg 8.3

Report Output and Scheduling

Ability to schedule and manager report output.

6.7
Avg 8.2

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.

6.3
Avg 7.6

Access Control and Security

Access control means being able to determine who has access to which data.

8.5
Avg 8.7

Mobile Capabilities

Support for mobile devices like smartphones and tablets.

7.4
Avg 8.0

Budgeting, Planning, and Forecasting

These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning

8
Avg 8.3

Consolidation and Close

Consolidation of data from multiple entities with currency management, reporting and audit trails.

6.7
Avg 8.0

Financial Reporting and Compliance

Financial statements and regulatory filings

7.4
Avg 8.2

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

6.1
Avg 8.0

Integration

Ability to integrate with external applications.

6.9
Avg 8.3
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Product Details

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

Screenshot of Planful Planform DashboardScreenshot of Planful for FinanceScreenshot of Planful for MarketingScreenshot of ReportsScreenshot of Capacity Planning TemplateScreenshot of Integrations

Planful Videos

Planful Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported CountriesWe have customers in 90 countries
Supported LanguagesEnglish

Frequently Asked Questions

Planful is a cloud-based enterprise performance management (EPM) suite. It includes financial applications for modeling, planning, consolidation, reporting and analytics.

Workday Adaptive Planning, Anaplan, and Oracle Hyperion are common alternatives for Planful.

Reviewers rate Single Sign-On (SSO) highest, with a score of 9.2.

The most common users of Planful are from Mid-sized Companies (51-1,000 employees).

Planful Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)10%
Mid-Size Companies (51-500 employees)25%
Enterprises (more than 500 employees)65%
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Comparisons

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Reviews and Ratings

(207)

Attribute Ratings

Reviews

(1-25 of 88)
Companies can't remove reviews or game the system. Here's why
February 19, 2024

Planful's no slouch

Cory Abrahamson | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Very well, the Hyperion module we were using was rather old, but the reporting capabilities of Planful were far ahead of anything in that version of Hyperion. Spotlight would be the one tool that would lag behind Hyperion as the excel report building in Hyperion was very easy as Spotlight can be a little tricky to learn.
Talyon Perry | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Planful was a more cost effective approach vs our previous platform (Adaptive) and is able to be managed fully within the FP&A team (no IT resources or outside consultants post-implementation)
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We felt the platform was more user-friendly and had better functionality for our purposes. Since we already had Planful instance within our company, we already had in-house expertise on the Planful system, which gave us some consistency in tools.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Planful seems to do a better job of pulling things in a format that is more understandable to an accounting-minded person, whereas the other platforms seem more focused on operations. From a detail perspective, Planful provides more powerful and complete data, in my experience. When using a platform for financial planning and budgeting, the details are critical and the ability to match the GL structure and pull full P&L data has been a big improvement from Qlik, which we used previously.
December 13, 2023

Planful is NOT painful

Score 10 out of 10
Vetted Review
Verified User
We have only used custom-built Excel interfaces for our financials and workforce planning in the past. As stated earlier in my review, Planful has grouped all of this into a fantastic program that is easy to use, easily manipulated to match our needs and we have been very happy with all of our experience with Planful.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Planful seems to have the best price to performance option against the tools listed. Some of the more premium options on the market have outdated UIs and dont get updated as frequently and other in the same price category dont seem to have the same level of options and "ease" of use with an easy to understand UI. We also selected Planful because it was not excel based and gave us other options unlike Vena.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Ease of use, integrations, price, and excel compatibility were the driving factors behind getting off of Adaptive and selecting Planful over these other competitors
February 09, 2023

Planful Review

Score 7 out of 10
Vetted Review
Verified User
Incentivized
  • SAP BPC (Business Planning and Consolidation)
nicer to look at, gives business partners ability to access, however, not smart enough to pull in new data for monthly reporting
Robert Picard | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
I wasn't here when we transitioned to Planful, but I would imagine the reason, based off of what I've heard in the past, is because of how dynamic and interactive it is across multiple sheets at the same time. I can't imagine trying to link a bunch of Excel sheets together - Planful saves me here.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Planful is nice for the reporting option. SAP Concur doesn't so much have an option where you can see physical reports. You can easily report on the tool and send reimbursement requests and such, but you have to use multiple tools if you use Concur and want to see any sort of account history and/or detailed report information.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
They all have pretty similar functionality, I liked Planful because it was all cloud-based and we didn't have to buy a bunch of hardware. Spotlight dynamic planning I felt was the most versatile available at the time, not sure if it still is, and I liked the idea of building the planning tool exactly how I wanted it I don't like being forced into a procedural structure because that's how other companies do it.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • SAP BPC (Business Planning and Consolidation)
Not sure if this was specific to our specific BPC configuration, but here are a few major issues we had with that system that have since been resolved switching to Planful (formerly Host Analytics): It was painfully slow to load new data into the system (3+ hours for new GL data) Contacting support was impossible (I had to request our IT team to contact SAP support. 0 direct contact for questions.) No integration with our HR system for forecasting employee data Managing and creating new reports was a very tedious process The UI was purely Excel-based and felt very outdated
November 04, 2022

A great FP&A tool

Score 9 out of 10
Vetted Review
Verified User
Incentivized
Against other financial planning software systems, Planful allows the greatest financial visibility. While the same data may be housed in other financial planning software systems the functionality of the Planful reporting module and dashboard modules makes visualizing, manipulating, and understanding the data easiest. Planful also has great website navigation that is easy to understand for all users.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Planful is the first FP&A specific software I have used. However, the dashboard module can be compared to PowerBI as I use both - with regard to dashboards, PowerBI offers much more control and customization not only with data manipulation, but also with visualizations and formatting. Planful has a strong selection to visualize most needs, but there can be some complications and road blocks when trying to replicate and/or replace existing dashboards in PowerBI
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We use Sage Intacct for our Accounting ERP but found that their budgeting and reporting tool would not grow with our company. We had to find something that could accommodate large growth and be able to pull in data from different systems to get the right answer. We weren't able to do that with Intacct, but with Planful, we could pull from Intacct and Dayforce and have the right info all in one spot.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Besides Planful, I have experience with Sage Intacct Budgeting and Planning. While SIBP could be perfectly fine for a company already on Sage Intacct and with higher level budgeting needs, I'd say Planful is a more versatile software to work with because of how the data can be broken down into dimensions that you define in your implementation, as well as the ability to quickly create new scenarios for your budgets / forecasts. With the planning templates, they can be designed however you need them to be and even assigned to specific users to fill in if desired (ex. a sales manager fills in expected orders each month in a template, which could then be used to drive the sales budget values through calculations based on how your business operates).
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