Planful is a host like no other!
Updated November 02, 2021
Planful is a host like no other!
Score 9 out of 10
Vetted Review
Verified User
Modules Used
- Modeling
- Planning
- Reporting and Analytics
Overall Satisfaction with Planful (formerly Host Analytics)
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.
- I work mainly with Workforce Planning which does a great job of capturing labor
- The flexibility of capturing information by G/L account number and/or compensation items (such as Wages, OT and Shift differential that all go to the same G/L account) number is great!
- I wish there was a way to "combine" data/reporting between the financial cube and the Workforce Planning cube. There are times I need to dig down on the financial reports by employee and I don't have that capability.
- Before we started using Planful/Host Analytics back in 2017, we forecasted our labor via a very large spreadsheet - very tedious for 400+ employees
- Using Planful/Host Analytics definitely saves time every month and the errors are no longer made (like they were in Excel). If the info is good going in, the reports are good coming out!
- Being able to quickly reload data (for different scenarios during budget season) gives our leadership team the tools they need to make good financial decisions.
This question does not really apply for my role in using WFP.
Building reports is very easy in Planful. I love the "dynamic reports" because they really do allow for so much flexibility in how we want to see different information each month and each version of the budget until we finalize it all.
Planful is primarily used each month by our Accounting department. However, certain templates are opened up [by] the department managers for budgeting and it is very user-friendly for those who only do this annual exercise.
This is the only reporting software like this that I have used.
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?
Yes
Did implementation of Planful go as expected?
Yes
Would you buy Planful again?
Yes