Planful review
December 16, 2024

Planful review

Michael Gaglione | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Modules Used

  • Structured Planning
  • Dynamic Planning

Overall Satisfaction with Planful

We use Planful for budgeting, forecasting and internal reporting. Previously we did everything in excel which made it tough to have various scenarios and it was also impossible to audit changes. Planful allows us to compare multiple scenarios a lot more easily. It also has a great audit feature that tells us when and who has made the change. Reporting is also more automated allowing for more time for analysis.

Pros

  • Reporting
  • Scenario comparison
  • Audit tracking

Cons

  • Overall look of input pages
  • Easier administration
  • Spotlight more user friendly
  • Time saved
  • Less errors
  • Lest costly than adding employees
Planful has saved me a lot of time. Before Planful I spent a lot of time creating and formatting reports each month. With Planful and spotlight, it now takes significantly less time. This has allowed me more time to analyze the numbers and has improved the relationships with my business partners as I now have answers to questions when they ask them.
We have benefited the most from time savings from the automated processes. These processes allow us to analyze and react quicker to business changes and be more accurate with our long term forecasts. These processes allow reporting features have been talked highly about between internal business partners and our board.
Planful was the most flexible package while also being priced well below some of their larger competitors.

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 is great for a smaller company like mine. It is very flexible turn all of the changes our business goes through. It also is flexible w multiple erps which use important because we will be upgrading soon.

Planful Feature Ratings

Long-term financial planning
8
Financial budgeting
8
Forecasting
8
Scenario modeling
8
Management reporting
7
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
9
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
9
Automated board and financial reporting
7
Personalized dashboards
6
Color-coded scorecards
7
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Flat file integration
Not Rated
Excel data integration
9
Direct links to 3rd-party data sources
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
Drill-down analysis
8
Formatting capabilities
6
Report sharing and collaboration
7
Publish to Web
Not Rated
Publish to PDF
8
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Predictive Analytics
6
Multi-User Support (named login)
8
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9
Report-Level Access Control
9
Single Sign-On (SSO)
10
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

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