Host Analytics - a year's journey
September 26, 2015

Host Analytics - a year's journey

Mohan Singh | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Modules Used

  • Budget, Consolidations, Reports, Maintainence

Overall Satisfaction with Planful (formerly Host Analytics)

Host Analytics Cloud EPM Suite is used by finance, accounting, F, P&A, sales and many functional areas of business. We use it for global consolidations, forecasting and budgeting as well as business analytics, report writing and monthly business reviews.

As we have grown through mergers and acquisitions, Host Analytics Cloud EPM Suite has enabled one common platform for consolidations, budgeting and reporting across multiple ERP enabled business units. We now have a common unified chart of accounts, common consolidations processes and leverage multiple ERP data sets for reporting and analytics.

  • Host Analytics Cloud EPM Suite is an easy to set up application suite - we started from scratch with Host and now have financial and statistical data from business units across the globe with multiple ERPs.
  • The consolidations process is easy once set-up; the consolidations monitoring during monthly close is valuable. The user interface at every level of interface is intuitive.
  • The training and support that we have received is great and one of the best I have seen in my experience. The customer service is engaged and training tools are exhaustive and easy to use.
  • The verify data default has only fixed number of rows that can be exported.
  • Can the Webform Boomi upload be better integrated with Host application? this has a different URL and password settings.
  • Increased employee productivity
  • Faster consolidation and meaningful business review discussions
  • Lowered our reporting risk due to visible and seamless consolidations process and excellent cube querying

Where less appropriate - advanced analytics - example BI applications that rely on large datamart querying - although in theory using attributes it can be used.

Where more appropriate - Dashboards, business monthly reporting, consolidations. Good application if changing the consolidations package or in multiple ERP environments.

Planful Feature Ratings

Long-term financial planning
8
Financial budgeting
9
Forecasting
9
Scenario modeling
8
Management reporting
10
Financial data consolidation
9
Journal entries and reports
10
Multi-currency management
10
Intercompany Eliminations
9
Minority Ownership
8
Local and consolidated reporting
10
Detailed Audit Trails
8
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
9
Automated board and financial reporting
9
XBRL support for regulatory filing
8
Personalized dashboards
8
Color-coded scorecards
8
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
8
Benchmarking with external data
6
Flat file integration
6
Excel data integration
9
Direct links to 3rd-party data sources
8