Host is a good start for basic FP&A requirements
April 11, 2016

Host is a good start for basic FP&A requirements

Anonymous | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User

Overall Satisfaction with Planful (formerly Host Analytics)

This solution is primarily used by finance for consolidations reporting and budgeting and forecasting.
  • Host does a decent job of reporting summary account level data.
  • Host reports collections with bursting capabilities.
  • Host provides some efficiencies for structuring variables for use in reporting.
  • Reporting graphically is cumbersome.
  • Data structure is limited.
  • The application is a bit slow.
  • Definitely improved efficiency of reporting over all for information that we had to compile in Excel.
  • Increase access to all users to a wide range of reporting.
  • Negative is that finance managed FP&A tools required development of a finance team to support them. This is costly unless your team has extra bandwidth.
I was not a decision maker. Host lacks language capabilities for large global companies. Host also lacks planning or reporting capability for any time increments less than one month.
This a solid simple financial planning and analytics tool.

Planful Feature Ratings

Long-term financial planning
6
Financial budgeting
6
Forecasting
6
Scenario modeling
6
Management reporting
8
Financial data consolidation
8
Journal entries and reports
7
Multi-currency management
8
Intercompany Eliminations
7
Minority Ownership
7
Local and consolidated reporting
8
Detailed Audit Trails
5
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
8
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
Personalized dashboards
5
Color-coded scorecards
5
KPIs
5
Cost and profitability analysis
7
Key Performance Indicator setting
5
Benchmarking with external data
5
Flat file integration
8
Excel data integration
8
Direct links to 3rd-party data sources
8