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 89)
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Jeff Schad | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
Our ERP system is multi-plant but not multi-company. We needed a consolidation method with multiple companies and currencies, with multiple levels of consolidation. Playful fills this role with an automated interface to our ledger system.
Score 8 out of 10
Vetted Review
Verified User
Review Source
We utilize Planful at the corporate level to consolidate numerous companies' results from various ERPs and different charts of accounts to do consolidated reporting. We reduce using web services/DLRs as well as manual loads. We also use Planful to consolidate plans/forecast data. Our users enter plans directly into Planful using templates others do upload.
Score 9 out of 10
Vetted Review
Verified User
Review Source
We use Planful to fulfill our financial reporting and consolidation needs, as well as to create budgets / forecasts. Prior to Planful, all of these tasks were being done in Excel; as the business has grown over time though, setting up a platform that would serve as our single source of truth became increasingly more important. Planful is now that source of truth for us that we can rely on.
February 21, 2022

Planful is great!

Score 9 out of 10
Vetted Review
Verified User
Review Source
Planful is extremely easy to use and customizable to whatever your needs are. We were using Adaptive Insights (rebranded since then) at the time and the difference was night and day. I had to call Adaptive support every time I wanted to change something, even just an account formula. With Planful, we are able to build out models that match our business needs and it does everything very well! We have just started dipping into Dynamic Modeling and it's opening up even more use cases for us to use Planful, even outside of the budgeting process.
Score 10 out of 10
Vetted Review
Verified User
Review Source
We use Planful in the Planning and Analysis Department where we aggregate data from multiple applications (accounting and operational) in Modeling in order to provide analysis to the Operations, Asset Management, Marketing, Legal, and Accounting departments. We utilize Planful to compare results to budget, analyze marketing trends, manage contract terms, validate formula pricing calculations, build operating budgets, and maintain forecasts.
Score 10 out of 10
Vetted Review
Verified User
Review Source
We use Planful to budget, forecast, and analyze our business through reporting and structured planning. We create templates for different parts of our business that forecast forward and give us a fairly accurate view of the business. The reporting side of Planful allows us to create a plethora of reports while still having a lean FP&A team.
Score 10 out of 10
Vetted Review
Verified User
Review Source
We use Planful for all of our reporting, including Actuals, Forecast & Budget. We have integrated it with our ERP systems and other data via stat accounts so it results in being the single source of truth. It prevents the need for tapping into data in multiple sources and data integrity within Microsoft Excel and allows for very quick querying and checking of data.
November 10, 2021

Planful Use

Score 10 out of 10
Vetted Review
Verified User
Review Source
We use Planful for reporting and planning purposes. Our reporting is shared throughout the entire company along with user access at each of our facilities. It has helped lead to more efficient and real time reporting. Also, we have utilized dynamic reporting to get fast and easy ad hoc reporting needs.
Score 9 out of 10
Vetted Review
Verified User
Review Source
I use Planful each month for cash forecasting our labor costs for the company [in] our Accounting/Finance department. This includes base wages, OT, shift differential, bonus/commissions and benefits. I also use it to capture our headcount changes. Planful is used by all departments annually to budget for all company expenses by department including things like travel, seminars, etc.
October 29, 2021

Great software

Score 8 out of 10
Vetted Review
Verified User
Review Source
We implement Planful to our clients. Our clients usually use reporting, planning and consolidation functionality within Planful to help and eliminate as much manual processes from their finance cycle and replace them with automatic processes.

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.
Score 10 out of 10
Vetted Review
Verified User
Review Source
Planful is used across the enterprise. It drives accounting reporting through close, financial, and performance analysis. It is used to support and guide operations. Planful is used for budgeting, forecasting, and cash management. Planful is deployed at our practice and support center, facilitation business unit planning - production, and expense and workforce planning. Planful drives allocations of costs and people across departments and business units. Finally, Planful is used for intercompany eliminations.
Score 9 out of 10
Vetted Review
Verified User
Review Source
It is was implemented in 2015 as a solution to accelerate the consolidation all over the world. Before Planful, everything was done through Excel sheets. In 2016, we started to include the budget figures into the tool. During 2017 and 2018, templates were created to fill with stock, income taxes, and headcount details. In 2020 we started using the "planning," so it wasn't necessary to build templates into Excel to project the budget and forecasts scenarios. Today, Planful is used just by the financial department. The best improvement by Planful is the speed in the consolidation. We have all information needed by spotlight add-in, instead [of] 20 excel [sheets] before planful. The translation by different rates is easiest comparing the oldest way, and there is no problem with data because everything can be locked and doesn't change and is auditable.
Score 9 out of 10
Vetted Review
Verified User
Review Source
We use Planful for all of our budget planning and reporting needs. Planful is used across our whole organization with the heaviest users in Finance and Accounting. In many cases, we give budget owners the option to access Planful and take accountability for their budget planning. Planful is much easier than maintaining multiple Excel spreadsheets for multiple users.
Score 8 out of 10
Vetted Review
Verified User
Review Source
As a consulting practise, we advise on Planful and implement it for other companies who wish to use it as an FP&A solution. Alongside Planful, as a department we consult in many other business applications, namely ERP such as Oracle NetSuite and Microsoft Dynamics 365. Planful is great as a specialist FP&A solution, our clients use it for it's reporting, consolidation and budgeting capabilities which are marketing leading.
July 27, 2021

Manager FP&A

Score 8 out of 10
Vetted Review
Verified User
Review Source
We use it as a budgeting, planning and forecasting tool as well as a reporting tool. It is used across the organization. Department managers budget in it and can see their results on a monthly basis. The accounting and FP&A team use it for reporting financial results monthly as well as investigating variances to budget and/or forecast. We also use it for Headcount planning.
July 24, 2021

Planful

Nicholas Rupp, CPA | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
Currently, we are utilizing Planful to help with the annual budget. Each department manager goes into the system and submits their proposed annual budget. This allows the company to quickly and easily combine all the different department budgets and see how the overall picture is looking at various points in the project.
Score 10 out of 10
Vetted Review
Verified User
Review Source
We use Planful [(formerly Host Analytics)] for Budgeting, Forecasts, Reporting, Demand Planning, and Dashboards. We utilize common Expense and Workforce planning templates. Built customized revenue templates for each line of business. Some Revenue templates are built with structured environment, others are combination of data resides outside of planful and structured environment, and some feed directly from Dynamic Planning.
Score 6 out of 10
Vetted Review
Verified User
Review Source
Planful [(formerly Host Analytics)] is used as a database for all of our planning scenarios. We upload revenue projections directly into the cube and our expense functions go into the tool itself and utilize planning templates to project their spending.
We also use the reporting and analytics module for general monthly reporting and have replaced our legacy system generated P&Ls.
Angel Woodard | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
Planful is currently used by our Technology Group, an overhead department in the company. Additionally, Kiewit Business Services, another overhead department utilizes the tool. Another overhead department used it for 1 year, and yet another is looking to use the tool. We use Planful for workforce planning, budgeting, forecasting, dashboards, and reporting. Kiewit's use of this program is unique in the sense that we do not use Planful for income statements and balance sheets. As an overhead department, we do not utilize all of its features.