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August 23, 2016

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Bailey King, CPA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Modules Used

  • Planning
  • Consolidation
  • Reporting and Analytics

Overall Satisfaction with Planful (formerly Host Analytics)

We use Host Analytics in our department on a daily basis and across our subsidiaries on a monthly and quarterly basis. Host has allowed us to decentralize some of our data entry, allowing the subsidiaries to own their data input. Reporting in Host couldn't be easier; once you understand how the dimensions relate to one another, you can report on anything.
  • As its in the cloud, our IT team doesn't have to assist very often.
  • Multiple subsidiaries across the country (and world) can input data and we can review it in real time.
  • The response time in consolidating and processing is amazing!! So much faster than our on-premise solution was.
  • I wish the time period went back before 2001. Our management likes to have lots of information in the database. We have formulated a clunky work around but it would be nice to have more time options.
  • Allowed us to save money and time.
  • n/a
I was not part of the team choosing the product.
I think for holding companies doing a lot of consolidations or budgeting it is a perfect product. I would assume some companies might need something a little more industry specific.

Planful Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Management reporting
10
Financial data consolidation
10
Journal entries and reports
10
Multi-currency management
10
Intercompany Eliminations
10
Local and consolidated reporting
10
Detailed Audit Trails
10
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
6
Automated board and financial reporting
10
Excel data integration
10