Helped our Finance team scale with more great features in the pipeline
August 31, 2016
Helped our Finance team scale with more great features in the pipeline
Score 7 out of 10
Vetted Review
Verified User
Modules Used
- Modeling
- Planning
- Consolidation
- Reporting and Analytics
Overall Satisfaction with Planful (formerly Host Analytics)
Our corporate finance team is the primary user of the interface although reports are circulated company wide. Host Analytics solves the business problem of having a consolidated cloud based planning tool. We got overwhelmed as a team with offline Excel files and having inconsistent numbers, that we needed a single consolidated source of truth and dynamic model.
- Dynamic Modeling - Our team relies heavily on the planning model as it is dynamic to make various scenarios so we can update our forecasts in real-time.
- Reporting is a major pro in Host - We use it as our single source of truth for all actuals related to OPEX, CAPEX and headcount.
- User Interface - While it takes a while to get a feel for the system, it is really flexible and easy to update templates as business needs change.
- Formatting has been a major pain in Host. It is very limited and does not match the type of formatting that we use to produce board quality reports and charts.
- Usage on Google Chrome browser is limited - Some modules are not accessible within Chrome and must be used through Internet Explorer.
- Saves time by housing everything in one system
- Allows for flexibility in modeling with consolidated and consistent numbers
Host is a lot more user friendly to build out models. We do all of our model building in-house whereas when my company was using Anaplan, we were required to hire outside consultants to build out or even modify various models that we needed built. Host allows for a lot more autonomy as our team is self-sufficient within the tool.