Overall Satisfaction with Planful (formerly Host Analytics)
Planful is used across the enterprise. It drives accounting reporting through close, financial, and performance analysis. It is used to support and guide operations. Planful is used for budgeting, forecasting, and cash management. Planful is deployed at our practice and support center, facilitation business unit planning - production, and expense and workforce planning. Planful drives allocations of costs and people across departments and business units. Finally, Planful is used for intercompany eliminations.
- Real-time financial reports and analysis.
- Rapid deployment.
- Enterprise-wide budgeting and forecasting.
We used Adaptive Insights (now Workday) and considered both Anaplan and OneStream. Planful was the most appropriate for our environment based on a single individual as a power user/system administrator, our requirement to not engage long term with external partners for application development and support, and to build repeatable, scalable, and burstable reports. We are in rapid expansion via acquisitions mode with Planful's ability to easily load external financial data, either via Excel data load or API.
Do you think Planful delivers good value for the price?
Are you happy with Planful's feature set?
Did Planful live up to sales and marketing promises?
Did implementation of Planful go as expected?
Would you buy Planful again?
Planful does well with entity consolidation and reporting. It is highly reliable and structured for multiple entities, currencies, and standard financial reporting. Additionally, it supports accounting functions with robust reporting and drill-through functionality. It does not require dedicated internal or external support. It is easily managed by in-house FP&A. However, it is not an ERP and may not work well in a manufacturing environment. Planful may not scale well to companies over $5B. It is not intended as a data warehouse.