Planful creates value for a PE owned medium-sized international manufacturing company
April 18, 2022
Planful creates value for a PE owned medium-sized international manufacturing company
Score 9 out of 10
Vetted Review
Verified User
Modules Used
- Structured Planning
- Reporting
- Consolidation
Overall Satisfaction with Planful (formerly Host Analytics)
Our ERP system is multi-plant but not multi-company. We needed a consolidation method with multiple companies and currencies, with multiple levels of consolidation. Playful fills this role with an automated interface to our ledger system.
- Elimination logic
- Multiple level consolidation
- Currency conversion
- Adjusting entries not suitable for base ledger
- Easy reporting interface with quick parametric point of view (POV) changes
- Quick creation of forecast versions once budget is created
- Cash flow reporting
- Easier multiple hierarchy setup
- Better consolidation accuracy and control
- Quicker financial statement preparation
- Easier forecast creation
We have one finance group for all units - Planful makes it possible to quickly aggregate and monitor all units centrally. Departmental control can be enhanced but a hierarchy setup is crucial.
One platform, one interface, one source of financial truth - eliminates confusion and allows you to focus on what is important - that is what the numbers mean and what actions follow from that source of information.
- SAP BPC (Business Planning and Consolidation)
BPC is great, but very expensive and has fewer controls built-in (meaning you can make mistakes easier).
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