A good financial tool is Planful

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.

Replacing Excel with Planful saved a lot of time and avoided problems with Excel changes accidentals. The Spotlight add-in increases the capability to create new reports. It is simpler and easier to update, replacing the time of reports production to analyze those reports; a clear benefit and better use of time, that was spent in operation activities, and now is management functions.

If you know the idea of pivot table in Excel, you will understand the report module is a very similar way to work on those. The Spotlight add-on is a little bit more complicated if you compare to the Reports Module, but it is not so difficult to work, and in my opinion, it is better when do you need to run a monthly report.

The planning module is very simple to work with; you can copy and paste easily from other sources. I think it needs more ways to change the template and options like other budgets/forecasts figures in the same template to [easily compare] the changes that you are proposing through the scenarios already included in Planful. This is possible in the Reports module but there is no way to check in the Planning Module.