Using Host Analytics for Enterprise Management and Reporting
September 26, 2015

Using Host Analytics for Enterprise Management and Reporting

Jason Durbin | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Modules Used

  • Planning, Consolidation, Reporting, Analytics

Overall Satisfaction with Planful (formerly Host Analytics)

Host Analytics is used for our primary financial reporting tool across the organization. It is also utilized as the primary source of financial budgeting and forecasting.
  • Ease of reporting - both financial and non-financial personnel are able to run reports when they're needed
  • Customization - straightforward, flexible, and virtually limitless ways to slice, dice, and view data
  • Coordination - ability to align processes across multiple business organizations to achieve greater efficiency and enhance productivity
  • Scalable - can readily handle small or large amounts of data
  • Certain types of budget data can be slow to load depending on volume and complexity of data as well as connectivity
  • Due to the large variety of ways to report data, it can sometimes be too easy to run a slightly different report based on one or two characteristics or versions, and end up with a different set of results
  • Able to improve finance department information output and reduce reliance on inconsistent processes
  • Increased efficiency with customized reporting
Scalability and flexibility make Host Analytics a good option for many medium to large enterprises. It handles large amounts of data well and can be customized to work with your business. It might not be cost effective for very small businesses.

Planful Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
8
Scenario modeling
Not Rated
Management reporting
8
Financial data consolidation
9
Journal entries and reports
8
Multi-currency management
9
Intercompany Eliminations
9
Minority Ownership
Not Rated
Local and consolidated reporting
8
Detailed Audit Trails
Not Rated
Financial Statement Reporting
8
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
7
XBRL support for regulatory filing
Not Rated
Personalized dashboards
7
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
Not Rated
Excel data integration
7
Direct links to 3rd-party data sources
Not Rated

Planful Features and Attributes

For the most part, Host Analytics is highly functional, customizable, scalable, flexible, and relatively easy to use.

Using Planful (formerly Host Analytics)

ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Convenient
Feel confident using
Familiar
None
  • Reporting is easy to use
  • Customization is straightforward
  • Highly complex and layered data works in budgeting, but it can be slow to load through certain templates