Planful

Planful

Customer Verified
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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21 people want pricing too

Alternatives Pricing

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…

What is SAP Analytics Cloud?

The SAP Analytics Cloud solution combines BI, augmented and predictive analytics, and planning capabilities into one cloud environment. As the analytics layer of SAP’s Business Technology Platform, it supports advanced analytics enterprise-wide.

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 90)
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Score 8 out of 10
Vetted Review
Verified User
Review Source
Each system has strengths and weaknesses, so it needs to be assessed based on your own company's goals/objectives. I believe Planful has robust reporting capabilities and various reporting options to utilize depending on your needs. Using report collections and the ability to burst reports and schedule distribution makes standard reporting extremely efficient. You are using workforce planning (Used at a previous company) to calculate benefits made an enormous difference in our accuracy. The modeling application is handy and quickly extracts/pushes back to the core application once the model is built. Creates a lot more flexibility in the system.
Score 9 out of 10
Vetted Review
Verified User
Review Source
Planful is definitely appropriate where you need to consolidate and report on multiple companies (and currencies if global). I'd also say if you need to create monthly forecasts and be able to do actual vs. budget vs. forecast analysis, Planful is the right choice to accomplish those goals, especially if you want to look at your data by company, department, location, or any other dimension that you would define in your implementation.
Score 10 out of 10
Vetted Review
Verified User
Review Source
Planful is well suited for any time you have complicated formulas that you use to produce reports, budgets, forecasts, and dashboards. We have used modeling to capture all of the relevant fields that drive our business, and with a number of behind-the-scenes calculations, build budgets in a protected environment and consolidate them in a fraction of the time it took manually (minute rather than days).
Score 10 out of 10
Vetted Review
Verified User
Review Source
The best scenario to use Planful in my opinion is when needing to forecast a business with a single business model. It also works very well when there are high reporting needs at a company. I don't believe there are many instances where Planful cannot achieve the desired goals of the finance side of a company, maybe only when there are extreme amounts of data being used.
Score 8 out of 10
Vetted Review
Verified User
Review Source
Planful (formerly Host Analytics) is great for consolidation of a large number of financial entities. Planful (formerly Host Analytics) is also great for workforce planning for budgeting and forecast scenarios. Support picks up the phone and is very good at solving problems, whether it's a Planful issue or something you break.
Score 10 out of 10
Vetted Review
Verified User
Review Source
Planful is very well suited for people wanting to get out of excel and have one central source for reporting information. Additionally, I have noticed across several companies the need (and subsequent pleasure) of completely automating financial statements and reporting that is consistently delivered to stakeholders. It is possible to adjust through Dynamic Planning, but it is more difficult to make efficient use of the product when a company has a constantly changing hierarchy, whether that means by adding new projects or new companies on a very frequent basis.
November 10, 2021

Planful Use

Score 10 out of 10
Vetted Review
Verified User
Review Source
We have recently moved our 3 month rolling forecast inside planful which lead to real time forecasting after inputs. Leaders have been very happy with this implementation. One thing that could improve is designing planning templates. There are many clicks involved to get an account mapped to a specific destination.
Score 9 out of 10
Vetted Review
Verified User
Review Source
Planful is great for taking the data that I download from my payroll software each month and giving me good reports for cash flow purposes. The data that I take from my payroll system (UKG) includes name, position, department/sub-department, FTE, salary, bonus, all benefits (medical, dental, life, etc.). Then, Planful allows me to build reports that analyze my labor costs in various ways.
October 29, 2021

Great software

Score 8 out of 10
Vetted Review
Verified User
Review Source
Planful works very well for simple consolidations and for reporting. Ad-hoc reporting is extremely easy in Planful. Planful interface is very user-friendly.

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.
Score 10 out of 10
Vetted Review
Verified User
Review Source
Planful does well with entity consolidation and reporting. It is highly reliable and structured for multiple entities, currencies, and standard financial reporting. Additionally, it supports accounting functions with robust reporting and drill-through functionality. It does not require dedicated internal or external support. It is easily managed by in-house FP&A. However, it is not an ERP and may not work well in a manufacturing environment. Planful may not scale well to companies over $5B. It is not intended as a data warehouse.
Score 9 out of 10
Vetted Review
Verified User
Review Source
It is a great solution to use for financial purposes, to improve the speed in financial consolidation and budget projections, and to maintain a big data of financial figures. I think it is the best option. I don't see sales management or production KPI's; I think it is not the best tool for those kinds of requirements.
Score 9 out of 10
Vetted Review
Verified User
Review Source
Planful is great for any company whether it has 50 or 5,000 employees. Planful integrates really well with our HR system, Workday, to load employee data. We prefer to limit Planful users to Director-level or above and keep most of the updates completed by our FP&A team. This saves time and energy. We consider Planful to be the source of truth for actual expense.
Score 8 out of 10
Vetted Review
Verified User
Review Source
We like to use Planful to supplement and improve on the Reporting and Consolidation functionalities provided by legacy ERP systems which are lacking. In this regard, it is quick and easy to use and provides results straight away. We also use it to overhaul a budgeting process, utilising Spotlight functionality which is super powerful though significantly more complicated to use as it requires the setup and maintenance of models, etc.
Score 6 out of 10
Vetted Review
Verified User
Review Source
Planful [(formerly Host Analytics)] is well suited for giving non-Finance users a locked down location to input important financial information. It is also good for storing scenario based information.
It is less appropriate for very quick ad hoc analyses and can be difficult to maneuver on the fly, unless you are very comfortable with the inner workings.
Angel Woodard | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
I am constantly talking about Planful and the benefits of using the system. I have been on numerous calls for Planful with possible clients, and I am always honest about how well the program works and how happy we are. Planful is flexible, and when changes are needed to our environment, Planful developers are always happy to help and walk us through all necessary scenarios.