Planful - An Excellent Product That Delivered on its Promises
December 12, 2024

Planful - An Excellent Product That Delivered on its Promises

Bradley Jones, CPA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Modules Used

  • Structured Planning
  • Spotlight

Overall Satisfaction with Planful

We use Planful for budgeting, forecasting and financial close review. It is used throughout our Accounting and Finance functions. Our Operations team and practices also interact with Planful as end users. We utilize both structured reporting and Spotlight Excel add-in to maximize the flexibility of the Platform.

Pros

  • Budgets
  • Forecasts
  • Financial Reporting
  • Spotlight Excel add-in

Cons

  • Role-based security for Workforce Planning bug is biggest issue
  • We are saving over hundred hours per month across the organization
  • Delivering hundreds of reports to our various locations with click of button
  • Excel based system before was breaking down while Planful has automated
We send monthly financials to over 100 locations every month. Our Ops team also reviews budgets and monthly financials using Planful online. Planful has allowed our company to have separate business units take ownership of their financial statements, budgets and forecasts.
Having financial close review and budgeting in one platform and integrated with our general ledger has revolutionized what we do as a company.
Planful's user interface is much more user-friendly than OneSteam. I wasn't as heavy of a OneStream user as Planful so can't fully compare. I am Power User and building system for Planful whereas I was purely end user for OneStream.

Do you think Planful delivers good value for the price?

Yes

Are you happy with Planful's feature set?

Yes

Did Planful live up to sales and marketing promises?

Yes

Did implementation of Planful go as expected?

Yes

Would you buy Planful again?

Yes

Planful has been the perfect tool for our organization. It has saved our company countless hours and has integrated well with our GL system and PowerBI.

Planful Feature Ratings

9.0
Long-term financial planning
7
Financial budgeting
10
Forecasting
10
Scenario modeling
8
Management reporting
10
Not Rated
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
10.0
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
8.6
Personalized dashboards
7
Color-coded scorecards
7
KPIs
9
Cost and profitability analysis
10
Key Performance Indicator setting
10
10.0
Flat file integration
Not Rated
Excel data integration
10
Direct links to 3rd-party data sources
10
7.0
Pixel Perfect reports
Not Rated
Customizable dashboards
7
Report Formatting Templates
Not Rated
8.7
Drill-down analysis
8
Formatting capabilities
8
Report sharing and collaboration
10
10.0
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
10
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Predictive Analytics
Not Rated
7.4
Multi-User Support (named login)
10
Role-Based Security Model
7
Multiple Access Permission Levels (Create, Read, Delete)
7
Report-Level Access Control
3
Single Sign-On (SSO)
10
Not Rated
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

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