Planful

Planful

Customer Verified
Top Rated
Score 8.4 out of 10
Top Rated
Planful
Products

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.
Read more

Recent Reviews

Planful Review 2022

7 out of 10
December 07, 2022
I use Planful on a monthly basis for forecast and P&L reporting. People are the huge assets of our company and we require lots of details …
Continue reading
Read all reviews

How Planful Differs From Its Competitors

Collaboration with Planful

I really only report our department's finances to my budget administrator in the Dean's Office. He is the one who looks over and approves my forecasting/reporting, then sends it over for final approval to what would be considered the university's finance department. My budget administrator does …
Continue reading

Suite of Capabilities

I have benefitted because I have gained time back rather than having to use multiple tools at a time and make things confusing. It's nice to be able to flip back and forth and see my budget work change in the reports in real time without having to wait. It makes things quick and easy when …
Continue reading

Collaboration with Planful

As a financial business analyst, I collect the data from the business teams and do the upload into Planful or manually enter the Opex details besides the employee details. We haven't used Planful to collect data or share with the business teams so that they can be self efficient to do their …
Continue reading

Suite of Capabilities

Planful is easy to use. Also, it has the control functionalities allow us to do something but not to do something if we override a formula cell that we shouldn't be. Hence, it improves the accuracy of the reporting. If the data are verified and accurate at the department level, the …
Continue reading

Collaboration with Planful

I was able to set up our hierarchies to mirror what our home office accounting department requires/uses. This gave me the ability to easily export a dynamic report that I created and literally email it to accounting when they request forecast updates from our department. Also, having the ability …
Continue reading

Suite of Capabilities

Unfortunately, the tool doesn't make it up to our CFO office, as we are just an overhead department using it to track our operational expenses. But I will add that our department has been UNDER budget every year since using Planful, and being an overhead department, it is essential that we are …
Continue reading

Automation

We have automated reports we use weekly, bi-weekly, and monthly. We do not use Planful it is the truest and fullest ability for financial planning holistically for income statements, balance sheets, etc. as we are an Overhead department. We also use Planful for all Workforce planning in structured …
Continue reading

Ease of Reporting

Dynamic reports are so easy to create. When we first began using Planful it was challenging, but now that we've used the program for a few years, Planful continually improves the capabilities and it has enabled us to continue to do better and better. Dynamic reports are very easy. I think …
Continue reading

Finance Self-Service

Planful is so easy to manipulate. Even when we have new money managers request access, it takes very little training to run through their responsibilities in the program and how to utilize all of the tools they need. I've stated it before, the improvements over the years have been impeccable, …
Continue reading

Real-Time Data

This feature was the final deciding factor for us to purchase Planful. It is a priceless feature to have financials at all of our money manager's fingertips daily (and even hourly). It has helped us streamline so many processes. With the built-in access security, we are able to use real salary …
Continue reading

Data Accuracy

Our data accuracy has definitely been impacted by the use of Planful. In the past, it was very difficult to reconcile our processes in our custom-built tool to the "one source of the truth" data that comes out of SAP. Moving onto the Planful platform, I have been asked multiple times if I believed …
Continue reading

Collaboration with Planful

The reporting capabilities allow us to share data with multiple departments. We have bi-weekly management meetings where almost all reporting is pulled from Planful (forecast updates, headcount trends, workforce changes, budget updates, etc). We also can run reports for other departments based on …
Continue reading

Suite of Capabilities

I support all 25 Money Managers that we have using Planful. Because the tool is so easy to use, it allows me to provide data to Money Managers in minutes. They can access their financials in real time at the click of a button. It's incredibly easy to use and makes life easier for our Technology …
Continue reading

Automation

Prior to Planful we used a custom-built tool with an excel interface called Projects Utility. It was very painful because when multiple money managers were in it at the same time, it would bog down the program. To get new financials to populate, it would take 20 minutes or more of spinning for the …
Continue reading

Ease of Reporting

Reporting is great. There's so many filter options that it makes creating the report you want super easy. You can choose what you want, run it, then make changes if needed. Then you save it when you're done. It's that quick.
Continue reading

Finance Self-Service

Our money managers have some challenges navigating the tool when they aren't in it for awhile. But they can view their cost centers with ease and pull our standard reports and create off those as needed. I have monthly variance meetings with our money managers where we discuss their previous …
Continue reading

Real-Time Data

At the click of a button, we have Actuals for our entire dept. Our managers can update their forecast and in seconds, all their reports are up to date.
Continue reading

Data Accuracy

We are collaborating with Money Managers on a daily basis. We interact with the tool constantly and can make changes any time we need. Looking forward to using the new Planful Predict feature to help even more with data accuracy.
Continue reading

Collaboration with Planful

Department heads and sales leaders can log in and update their planning templates and then click save and the roll-up is pretty much there depending on the level of manipulation post contributor the finance team wants to leverage. Furthermore, they can then view the submitted data in reporting …
Continue reading

Suite of Capabilities

I still use multiple platforms for information integration exercises, but Planful is our primary tool for Financial Reporting, consolidation, and planning. It's a time save that all 3 are in the same place.
Continue reading

Suite of Capabilities

We don't use Planful's consolidations, but being able to do planning (financial, operational, and workforce) and reporting all from a single platform allows for greater confidence in the data.
Continue reading

Automation

We have some report collections to help automate reporting out of Planful (formerly Host Analytics), but I think there's still additional work we could do to further streamline the process.
Continue reading

Ease of Reporting

It's very simple to create and modify reports within Planful (formerly Host Analytics). We've only recently enabled dashboards (wasn't aware it was a feature we had access to use), but they seem pretty straightforward to create. Not as robust as a full visualization reporting tool (e.g., Tableau) …
Continue reading

Finance Self-Service

I'd say for 90% of my user-base, it's very easy for them to create their own ad hoc reporting for analysis. I do have at least one user that tends to need additional assistance with any report changes that aren't simple dimension changes. Also, I frequently get very specific/complex reporting …
Continue reading

Data Accuracy

We've been able to create specific reports to validate our Planful data and ensure accuracy for user submissions into our monthly forecasts.
Continue reading

Collaboration with Planful

With the use of report collections in Planful, we are easily able to create department specific reports and distribute them in a number of different formats to those specific departments. This is all done automatically within the reporting module, even down to emailing the specific planful users. …
Continue reading

Suite of Capabilities

The consolidation of the financial planning, operational planning, consolidation, reporting, etc to one singular platform streamlines the entire finance and accounting departments. One benefit of the consolidation is using planful as a singular data source. this eliminates the painful process of …
Continue reading

Collaboration with Planful

Planful has helped our FP&A function work much more closely with our accounting teams and verifying data across various financial statements, balance sheets, etc. and where our reporting is showing through Planful. It helps keeps our finance teams on the same page and up to date in real time as …
Continue reading

Collaboration with Planful

Planful allows efficient collaboration by budget owners and helps FP&A to become a better business partner to support their business performance tracking and decision making.
Continue reading

Suite of Capabilities

With Planful’s unified suite of financial planning, reporting, and analysis tools, I benefited from efficient integration between Planful planning data and NetSuite actual data, to enable effective preparation budgeting and tracking business performance on multiple dimensions, such as department, …
Continue reading

Collaboration with Planful

We are able to publish our P&Ls much faster than we did before. This allows for our field teams to get their information in a more timely manner in order to make changes at the hospital level. At the moment, only our finance and accounting teams have access to the data but we do have plans to …
Continue reading

Suite of Capabilities

Benefited extremely. We have been able to move all of our budgeting and planning into Planful, rather than utilizing massive spreadsheets in Excel. Now we are able to go into one system that syncs with our Accounting ERP and the information is there. There is no need to upload or download or …
Continue reading

Collaboration with Planful

Planful has helped our finance department tremendously in terms of aggregating data from across our multiple entities and sister companies. This helps financial planning and analysis teams collaborate and determine how to function in cohesion.
Continue reading

Suite of Capabilities

Using one platform makes it simpler and more efficient for consolidations and reporting as multiple people can collaborate and contribute to the finance team as a whole. We have benefited by reducing our downtime, errors, and omissions from the financial data we use. I would say this is the main …
Continue reading

Suite of Capabilities

While we do not use all the tools, the ability to have budget /actuals / forecast in one platform increases productivity and allows for more analysis rather than time spent on data gathering.
Continue reading

Automation

Utilize report collectors (automatic report distribution) to any employee in organization (user or non-user), easily roll monthly forecasts to next financial period, create various reports for all levels of organization.
Continue reading

Ease of Reporting

Once fully trained, simple reports can be created in minutes… other complex reports may take hours, but overall easy to use for those interested in report design / creation.
Continue reading

Finance Self-Service

Self serve reporting, analysis and planning is easily accommodating using the platform. If properly implemented, interface can be designed to restrict end users only what they need to use.
Continue reading

Real-Time Data

We use planful to update ERP information several times a day. We can then use that data in multiple platforms such as structured reporting, dashboards, and modeling information.
Continue reading

Data Accuracy

We use planful to update ERP information several times a day. We can then use that data in multiple platforms such as structured reporting, dashboards, and modeling. Requires less manual intervention to update and reduces the chances of keying errors. Has built-in security to ensure users have …
Continue reading

Collaboration with Planful

Spotlight is the best tool to do that. It can connect with other systems eg. Power Bi, can bring in more dimensions, and plan on the lowest level. Multiple levels of security allow nonfinancial users to add their budgets directly so not the accountant's job to collect and input all.
Continue reading

Suite of Capabilities

We are behind on this. We know the possibility but every department has the freedom to find its own tools. I hope in the future we can utilize all segments of the system as it would be time and cost-saving for the whole company, just would need maybe from Planful to help us show them.
Continue reading

Collaboration with Planful

We have one finance group for all units - Planful makes it possible to quickly aggregate and monitor all units centrally. Departmental control can be enhanced but a hierarchy setup is crucial.
Continue reading

Suite of Capabilities

One platform, one interface, one source of financial truth - eliminates confusion and allows you to focus on what is important - that is what the numbers mean and what actions follow from that source of information.
Continue reading

Collaboration with Planful

We currently only use the planning module to consolidate the plan. Detail planning is still done within the local companies' ERP as well as cost center reporting. Summary level plan data is then uploaded or entered into Planful.
Continue reading

Suite of Capabilities

Using Planful to consolidate data from multiple companies and have this data stored in one place allows us to create corporate reporting efficiently. Using spotlight XL for reporting has given us the ability to respond quickly to changes in data, so reporting is accurate and up to date.
Continue reading

Collaboration with Planful

Planful has made it possible for the Finance team to plan in a defined, consistent manner with templates that are used across the business. At the same time, templates (and reports) are designed to where the key stakeholders outside of Finance (ex. Marketing) can understand how their spend is …
Continue reading

Suite of Capabilities

It really cannot be overstated how having Planful as the single source of truth has simplified our processes and made it so we can meet our reporting requirements, even as those may change over time. We can now run reports that pull in our actual data and easily compare against any of our …
Continue reading

Collaboration with Planful

We currently only allow finance users access but the functionality is there to open it up to other business users. We're just not big enough for that in our perspective
Continue reading

Suite of Capabilities

It's amazing being able to have all of our KPIs trackable in Planful. Even the ones we don't track in Planful, we are able to load so we have everything in one place.
Continue reading

Collaboration with Planful

We import non-financial data into Modeling daily, and produce detailed analysis combining the financial and non-financial data, provided to multiple staff departments and operations. We now have a single repository so that separate departments can collaborate on planning, execution, and follow up. …
Continue reading

Suite of Capabilities

First and foremost, our ability to produce and consolidate driver-based budgets was the key benefit we gained. At implementation, it was critical for us to have a tool for consolidation, as our accounting data was housed in 14 different (but similar) databases. Since then, we have been using …
Continue reading

Automation

Operational reporting is now just a single click, since the reports will automatically generate and be distributed once the books are closed. We can directly interface with external data sources to automatically refresh data nightly. We have also replicated the formulas used to generate our costs, …
Continue reading

Ease of Reporting

I find it's easier to start with an existing report, then modify it as needed and save as a new report. We are just on the infancy of dashboards, but I can see it is a very user-friendly tool, we just need to determine what we want to present. Our Senior Business Analyst is an expert at building …
Continue reading

Finance Self-Service

Once trained and familiar with the tools, Planful is a very user friendly application. However, change is required when implementing a new tool, and we have found some resistance within our organization to embrace it. Those of us that are using it don't go a day without its assistance. If I were …
Continue reading

Real-Time Data

Because we refresh most of our data feeds nightly, I can run the financial results each morning to update the current period's actual results. This has enabled the asset management department to better manage their budget, as they can monitor their spend now on a daily basis. It also allows us to …
Continue reading

Data Accuracy

Planful has had the most impact on our former very manual, very error-prone budget process. We previously distributed Excel spreadsheets with embedded formulas that could be changed, formats that could be modified, and links that could be corrupted. It would literally take days to consolidate. …
Continue reading

Collaboration with Planful

We have been able to integrate Planful within our field business fairly easily and shown them how to use Planful in an effective manner. This has helped to increase the accuracy of our forecasting immensely.
Continue reading

Suite of Capabilities

We have used Spotlight to create many decks with financial information for our BOD and executive suite multiple times. Without this tool, the amount of time we would have spent creating these items has made Planful pay for itself in the long run.
Continue reading

Collaboration with Planful

We have expanded the users over the past couple of years by 7x by rolling out user access to several different departments and requiring them to directly contribute to the budgeting and forecasting process. By having other departments directly contribute, they have become used to accessing reports …
Continue reading

Suite of Capabilities

Yes, the best part of having Planful is the ability to drive all reporting from a centralized location and having one version of the truth. Not only does it ensure data integrity, but it also saves a lot of time considering users are able to refresh reports on a cadence by a single click of the …
Continue reading

Automation

As mentioned our 3 month forecast has been moved into the system. Also, our MM&A team is in the process of moving their models into Planful. They are hopeful it will increase efficiency and free up time for them on a daily basis. We are working hand and hand to help.
Continue reading

Ease of Reporting

Dashboard is a learning process but the training videos are helpful. I do wish there were more training videos available for specific tasks. Overall, dashboards are very useful. Particularly, we use these for leaders to show simplified reports. The interface is user friendly, allowing them to …
Continue reading

Finance Self-Service

Reporting is very simple. Dynamic reporting allows for any user to perform thousands of different ad hoc reporting. Planning is way better than relying on a Excel spreadsheet.
Continue reading

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 44 features
  • Financial budgeting (92)
    9.8
    98%
  • Management Reporting (87)
    9.8
    98%
  • Management reporting (89)
    9.8
    98%
  • Forecasting (86)
    9.3
    93%

Reviewer Pros & Cons

View all pros & cons

Video Reviews

Leaving a video review helps other professionals like you evaluate products. Be the first one in your network to record a review of Planful, and make your voice heard!

Return to navigation

Pricing

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

Offerings

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

Would you like us to let the vendor know that you want pricing?

56 people want pricing too

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 PlanGuru?

PlanGuru is budgeting, forecasting and financial analytics software for SMB's, Nonprofits and the Accountants/ Advisors that work with them.

Return to navigation

Features

BI Standard Reporting

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

7.5Avg 8.1

Ad-hoc Reporting

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

8.3Avg 8.4

Report Output and Scheduling

Ability to schedule and manager report output.

8.6Avg 8.3

Data Discovery and Visualization

Data Discovery and Visualization is the analysis of multiple data sources in a search for pattern and outliers and the ability to represent the data visually.

7.5Avg 7.7

Access Control and Security

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

9.5Avg 8.8

Mobile Capabilities

Support for mobile devices like smartphones and tablets.

7.9Avg 7.9

Budgeting, Planning, and Forecasting

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

9.4Avg 8.5

Consolidation and Close

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

9.4Avg 8.3

Financial Reporting and Compliance

Financial statements and regulatory filings

8.8Avg 8.5

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

7Avg 8.0

Integration

Ability to integrate with external applications

9.5Avg 8.6
Return to navigation

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

Screenshot of Planful DashboardScreenshot of Planful Dynamic ReportScreenshot of Planful Financial ConsolidationScreenshot of Planful Planning Control PanelScreenshot of Planful Structured Planning TemplateScreenshot of Planful Task Manager

Planful Videos

Planful Integrations

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.

Reviewers rate Local and consolidated reporting highest, with a score of 10.

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%
Return to navigation

Comparisons

View all alternatives
Return to navigation

Reviews

(1-6 of 6)
Companies can't remove reviews or game the system. Here's why
Michael Krolick | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Yes
We initally used Host Analytics as a repository for historical financial data imported from our previous general ledger system. We did not bring historical financial data into our new general ledger. We then implemented the first budgeting process in two pieces - expenses and revenue. The implementation process took approximately 3-4 months but went off without any reall issues. We were very pleased with the implementation staff that Host Analytics provided to us.
Return to navigation