Planful

Planful

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Top Rated
About TrustRadius Scoring
Score 8.8 out of 100
Top Rated
Planful

Overview

Recent Reviews

Planful is great!

9
February 21, 2022
Planful is extremely easy to use and customizable to whatever your needs are. We were using Adaptive Insights (rebranded since then) at …
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Planful User

9
February 09, 2022
Planful is the platform we use for reporting financial results. I also use it for research expenses on GL lines

Planful, it pays for itself

10
February 09, 2022
We use Planful to budget, forecast, and analyze our business through reporting and structured planning. We create templates for different …
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Planful Customer Experience

10
December 14, 2021
We use Planful for all of our reporting, including Actuals, Forecast & Budget. We have integrated it with our ERP systems and other data …
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Planful Use

10
November 10, 2021
We use Planful for reporting and planning purposes. Our reporting is shared throughout the entire company along with user access at each …
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Planful is a host like no other!

9
November 02, 2021
I use Planful each month for cash forecasting our labor costs for the company [in] our Accounting/Finance department. This includes base …
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Great software

8
October 29, 2021
We implement Planful to our clients. Our clients usually use reporting, planning and consolidation functionality within Planful to help …
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A good financial tool is Planful

9
October 12, 2021
It is was implemented in 2015 as a solution to accelerate the consolidation all over the world. Before Planful, everything was done …
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Awards

TrustRadius Award Top Rated 2022
TrustRadius Award Top Rated 2021
TrustRadius Award Top Rated 2018

Popular Features

View all 44 features

Management Reporting (77)

9.7
97%

Management reporting (78)

9.7
97%

Financial budgeting (81)

9.6
96%

Excel-based Reporting (78)

9.2
92%

Reviewer Pros & Cons

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Video Reviews

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Pricing

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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
For the latest information on pricing, visithttps://planful.com/contact-us

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting / Integration Services

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Alternatives Pricing

What is Workday Adaptive Planning?

Workday Adaptive Planning(formerly Adaptive Insights) is a financial planning and reporting tool. It includes automated budgeting and forecasting, financial reporting, and other active planning capabilities, including integrations with third-party products like Salesforce.

What is Oracle Cloud EPM?

Oracle’s complete EPM suite is designed to give users the agility needed to respond to change faster. Combined with the simplicity of the cloud, it enables companies of any size to drive accurate and agile plans across finance and operational lines of business, accelerate financial consolidation…

Features Scorecard

BI Standard Reporting

6.9
69%

Ad-hoc Reporting

8.2
82%

Report Output and Scheduling

8.3
83%

Data Discovery and Visualization

7.8
78%

Access Control and Security

9.7
97%

Mobile Capabilities

7.4
74%

Budgeting, Planning, and Forecasting

9.3
93%

Consolidation and Close

9.4
94%

Financial Reporting and Compliance

8.7
87%

Analytics and Reporting

7.1
71%

Integration

9.1
91%

Product Details

What is Planful?

Planful provides a Continuous Planning platform that enables finance to automate and accelerate FP&A activities, drive faster and more agile planning and decision-cycles, and elevate the financial IQ of the organization so that everyone is making smarter decisions more frequently. Planful is an end-to-end platform for financial planning, consolidation, and reporting & analysis.

STRUCTURED PLANNING Structured Planning with Planful automates labor-intensive planning activities in a complete 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.

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 DashboardPlanful Dynamic ReportPlanful Financial ConsolidationPlanful Planning Control PanelPlanful Structured Planning TemplatePlanful Task Manager

Planful Videos

Planful Downloadables

Planful Integrations

Planful Competitors

Planful Customer Size Distribution

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

Planful Technical Details

Deployment TypesSaaS
Operating SystemsUnspecified
Mobile ApplicationNo
Supported CountriesWe have customers in 90 countries
Supported LanguagesEnglish

Comparisons

View all alternatives

Frequently Asked Questions

What is Planful?

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

What is Planful's best feature?

Reviewers rate Local and consolidated reporting and Excel data integration and Single Sign-On (SSO) highest, with a score of 9.9.

Who uses Planful?

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

Reviews

(1-25 of 71)
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Score 8 out of 10
Vetted Review
Verified User
Review Source
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 9 out of 10
Vetted Review
Verified User
Review Source
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).
Score 10 out of 10
Vetted Review
Verified User
Review Source
I used Hyperion and Essbase in a former position, and when I was introduced to Planful (as Host Analytics), I was intrigued by the similarities to Essbase, but in the cloud. I could see the potential immediately, and it has improved continuously since implementation. I have never been more impressed by the genuine customer service provided by all of Planful's departments. I am also impressed with the online training resources and customer support, as well as the support of the Planful user community.
Score 10 out of 10
Vetted Review
Verified User
Review Source
I haven't used any other EPM platform that offers similar capabilities of Planful, and the decision to proceed with the purchase of Planful occurred before I started with the company. We do use SAP BusinessObjects which is able to provide us access to much more granular detail than what Planful currently provides us, but we also load some of this granular data housed in SAP BusinessObjects to Planful via data loads. SAP BusinessObjects is also much slower to query data.
Score 10 out of 10
Vetted Review
Verified User
Review Source
We used Adaptive Insights (now Workday) and considered both Anaplan and OneStream. Planful was the most appropriate for our environment based on a single individual as a power user/system administrator, our requirement to not engage long term with external partners for application development and support, and to build repeatable, scalable, and burstable reports. We are in rapid expansion via acquisitions mode with Planful's ability to easily load external financial data, either via Excel data load or API.
Score 9 out of 10
Vetted Review
Verified User
Review Source
I think they are very different functions, [...] Planful is more [useful for] big data to maintain and consolidate your financial figures. You can safely keep the amounts to avoid changes not required. [...] Excel is more a tool to see the results of your financial activities. You can use the big data from Planful to create and analyze the amounts and the financial KPI's that you can create by yourself. Together those are amazing.
Score 9 out of 10
Vetted Review
Verified User
Review Source
Before my company implemented Host Analytics in 2015, we were using Business Objects Reporting, which was much slower and more cumbersome. For dashboards and visualization, we use PowerBI and ServiceNow, which offer more visual capabilities than Planful.
May 25, 2021

Planful for life!

Score 10 out of 10
Vetted Review
Reseller
Review Source
Planful is inherently easier (I know Excel and I don't want to have to learn a new coding language) [and] has more capability and power due to the underlying multi-dimensional architecture (i.e. it can scale much better as you grow). The Dynamic Planning piece is very similar to Hyperion Smart View, Essbase, TM1 and it is only one piece of the overall application. There is just so much you can do with this system.
Angel Woodard | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
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 9 out of 10
Vetted Review
Verified User
Review Source
  • 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):
  1. It was painfully slow to load new data into the system (3+ hours for new GL data)
  2. Contacting support was impossible (I had to request our IT team to contact SAP support. 0 direct contact for questions.)
  3. No integration with our HR system for forecasting employee data
  4. Managing and creating new reports was a very tedious process
  5. The UI was purely Excel-based and felt very outdated