A great FP&A tool

In my organization Planful is used for budgeting, reporting, and to present financial data in a dashboard view. Planful reporting makes it easy to create new reports, or new versions of existing reports with the use of custom row and column sets. Additionally, the integration of dynamic to Microsoft Excel with the Spotlight tool is a great asset. It allows the user to have dynamic reporting capabilities with the formatting and function of Excel. Planful also makes yearly budgeting easier for all users with the structured planning module, and customizable templates.

With the use of report collections in Planful, we are easily able to create department specific reports and distribute them in a number of different formats to those specific departments. This is all done automatically within the reporting module, even down to emailing the specific planful users. Planful has also allowed us to visual the financial strengths of each departments with the use of dashboards. we are now able to direct department leads to key performance indicator dashboards and allow them to see a visual representation of the reports they receive.

The consolidation of the financial planning, operational planning, consolidation, reporting, etc to one singular platform streamlines the entire finance and accounting departments. One benefit of the consolidation is using planful as a singular data source. this eliminates the painful process of consolidating data from multiple different sources to generate one financial report, with all the data housed in Planful it is a one stop shop for all financial data for the company.