Solid solution for integrated financial reporting, planning and analysis
March 08, 2016

Solid solution for integrated financial reporting, planning and analysis

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

Overall Satisfaction with Planful (formerly Host Analytics)

Host Analytics Cloud EPM Suite is used by our worldwide finance organization for financial consolidation and reporting as well as for operational and revenue planning.

Pros

  • Performs consolidation and planning functions dependably and reliably
  • Designed to be administered within the finance organization, without requiring IS/IT resources
  • Strong customer support and consideration of customer feedback in product design

Cons

  • Formatting options in the standard reporting tool are limited
  • Ease of use is a plus, but at times maintenance through the user interface can be time-consuming as it's all "point and click" with limited ability to quickly edit
  • Limited reporting and analysis tools for HR planning and capital planning data
  • Reporting is quickly and automatically updated for changes in account balances
Well suited for integration of actuals and plan data.

Planful Feature Ratings

Long-term financial planning
8
Financial budgeting
9
Forecasting
9
Scenario modeling
9
Management reporting
9
Financial data consolidation
9
Journal entries and reports
9
Multi-currency management
9
Intercompany Eliminations
9
Minority Ownership
9
Local and consolidated reporting
9
Detailed Audit Trails
6
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
6
Automated board and financial reporting
8
XBRL support for regulatory filing
Not Rated
Personalized dashboards
Not Rated
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
8
Excel data integration
7
Direct links to 3rd-party data sources
Not Rated

Comments

  • Alison Holmlund | TrustRadius Reviewer
    Thank you for taking the time to fill out a review! It’s so good to hear that you are happy with Host Analytics. We appreciate all your feedback -- and thank you for commending our reliability and dependability, the robustness of our products and focus on user experience and customer support. These are high priority areas for us and we are thrilled that they are making a difference for you. Your review is very important to us. While we appreciate the praise, we continuously strive to provide an even better user experience. In this month’s release (March ’16), additional Audit Log functionality was delivered with more details being captured. We are also expanding support for Excel: In the Winter release (February ’16), we launched the ability to export data to .xlsx files as well as use these file types with data loading. We have many new features in store for the rest of 2016. If you like, we would be happy to discuss some of these features and how they could benefit you and your organization. You may contact me at: aholmlund@hostanalytics.com Thanks again, Alison Holmlund Senior Vice President, Customers for Life

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