LB's Host Review
January 26, 2017

LB's Host Review

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

Modules Used

  • Planning
  • Reporting and Analytics

Overall Satisfaction with Planful (formerly Host Analytics)

Host is being used across our company. The FP&A group uses it daily and all other department managers use it monthly to review their budget vs. actual reports. It has helped department heads to become more independent by giving them the opportunity to review reports directly in Host as well as drilling down to the transaction detail.
  • It has given us the ability to create ad hoc reports faster and easier.
  • The similarities with Excel make it easy for everyone to use.
  • It has given us the opportunity to report and track (i.e. capital expenditures) things in a more efficient way that we couldn't report on prior to using Host.
  • There are certain formatting functions that we would like to see.
  • When running and creating reports that have rows that are grouped, we would like to have the ability to expand all rows at once.
  • We have been able to provide information to senior management quicker and easier.
Overall we thought that Host fit our company better than Adaptive. We thought the tools that it had to offer were better. In addition, we liked the sales pitch better than Adaptive.
We just completed our first budget using Host and overall it went pretty smooth. Each department is responsible for creating and entering their own budget in Host and we have received nothing but positive feedback on how easy it was to use and how they liked it better than our previous software.

Planful Feature Ratings

Long-term financial planning
5
Financial budgeting
10
Forecasting
10
Scenario modeling
4
Management reporting
9
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
5
Automated board and financial reporting
Not Rated
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
Not Rated
Excel data integration
Not Rated
Direct links to 3rd-party data sources
8