Host - dynamic cloud based capabilities increase efficiency
January 19, 2018

Host - dynamic cloud based capabilities increase efficiency

Monica Seaney, CPA | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Modules Used

  • Modeling
  • Planning
  • Reporting and Analytics

Overall Satisfaction with Planful (formerly Host Analytics)

It is used by my organization for financial planning & forecasting as well as management reporting. It is used to not only host financial data but non financial metrics to create dynamic reports and budgets that can be utilized for a variety of cases. The cloud based platform makes collaboration between the teams effective and efficient.
  • Cloud based platform enhances collaboration
  • Dynamic models increase efficiency
  • user friendly
  • can always be more user friendly
  • ability to calculate without creating custom report template
  • dynamic capabilities create efficiency within the team
  • collaboration is vital with remote team members
The cloud based aspect of Host makes it easier for multiple team members to be in the system at one time and see changes in real time without a lag. in prior experience with Oracle there has been a lag in the system to view changes made my other team members
Host Analytics Cloud EPM Suite is well suited for financial planning and management reporting. The dynamic cloud based capabilities make it very useful in those instances. A scenario when it may be less appropriate is for financial reporting done by the accounting team as that requires linkage to invoicing and purchasing system.

Planful Feature Ratings

Long-term financial planning
8
Financial budgeting
8
Forecasting
8
Scenario modeling
8
Management reporting
8
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
5
Management Reporting
9
Excel-based Reporting
7
Automated board and financial reporting
7
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
Not Rated
Flat file integration
Not Rated
Excel data integration
Not Rated
Direct links to 3rd-party data sources
Not Rated