Great tool depending on your implementation process and overall goals.
July 09, 2021

Great tool depending on your implementation process and overall goals.

Anonymous | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User

Modules Used

  • Planning
  • Reporting and Analytics

Overall Satisfaction with Planful (formerly Host Analytics)

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.
  • Standardized reporting
  • Hierarchy management
  • Cube data storage
  • Rigid templates
  • Customer support
  • Support ticket processing
  • Provides "single source of truth" for financial reporting
  • Data repository for all planning scenarios
  • Brings non-Finance stakeholders under the umbrella in a controlled environment
We have moved all of our monthly financial reporting over from our legacy system to Planful [(formerly Host Analytics)] reports. This has allowed us to use one standardized format for reporting as well as one source of truth for all relevant financial data.
We do not currently use the automation available, but pull reports down ad hoc.
It is very easy to build new reports. We do not currently use the dashboard functionality.
Self-service reporting is very easy for both financial professional and non-financial professionals. Access is controlled through the security functions. There are features included to allow easy filtering depending on user access and role. Spotlight is also essential to allow for quick access to standardized reports directly through Excel without having to access the web application.

Do you think Planful delivers good value for the price?

Yes

Are you happy with Planful's feature set?

Yes

Did Planful live up to sales and marketing promises?

No

Did implementation of Planful go as expected?

No

Would you buy Planful again?

No

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.

Planful Feature Ratings

Long-term financial planning
8
Financial budgeting
10
Forecasting
5
Scenario modeling
8
Management reporting
10
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
10
Financial Statement Reporting
8
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
8
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
3
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
Drill-down analysis
5
Formatting capabilities
2
Report sharing and collaboration
7
Publish to Web
Not Rated
Publish to PDF
6
Report Versioning
8
Report Delivery Scheduling
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Predictive Analytics
Not Rated
Multi-User Support (named login)
7
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
10
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated