Planful
About Planful
Planful is the pioneer of financial performance management cloud software. The Planful platform is used by the Office of the CFO around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and visual analytics. Planful empowers users to plan confidently, close faster, and report accurately. More than 1,000 customers, including Boston Red Sox, Del Monte, TGI Friday’s, and 23andMe, rely on Planful to accelerate cycle times, increase productivity, and improve accuracy across the end-to-end FP&A process. Planful is a private company backed by Vector Capital, a leading global private equity firm. Learn more at www.planful.com.
Pricing starting from:
USD 0.01
- Free Version
- Free Trial
- Subscription
Key benefits of Planful
- Use financial analysis to identify trends and develop informed plans
- Collaborate around financial information, securely, from the Web, via the Planful dashboard
- Model a wide range of financial activities and actions with detailed models
- Consolidate modeling functions throughout the organization
- Easily export model information from Planful to Excel and share it on the Web
Typical Customers
- Freelancers
- Small Businesses (2-50)
- Mid-size Companies (51-500)
- Large enterprises (500 and more)
Deployment
- Cloud-based
- On-premises
Markets
Australia, Canada, New Zealand, United Kingdom, United States
Supported Languages
English
Pricing starting from:
USD 0.01
- Free Version
- Free Trial
- Subscription
Images
Features
Total features of Planful: 70
Alternatives
Workday Adaptive Planning
Jirav
Prophix
CCH Tagetik
Reviews
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- Industry: Food & Beverages
- Company size: 1,001–5,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Planful Overview Review
Reviewed on 10/12/2021
Great experience, very friendly staff, and everyone wants you to succeed. The software does not...
Great experience, very friendly staff, and everyone wants you to succeed. The software does not require extensive coding knowledge and can be picked up pretty seamlessly with the proper training if you have a background in Excel.
Pros
Very user friendly & similar syntax to excel
Cons
I feel the training is basic and outdated at this point. Considering all the time and effort they have put into developing the product, they should spend more time having live sessions showing individuals how to use the product better. This would also enable customers to find out about some of the great features they created.
- Industry: Medical Devices
- Company size: 201–500 Employees
- Used Daily for 6-12 months
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Planful Review
Reviewed on 05/07/2023
It has been good. Our [sensitive content hidden] of FP&A likes the tools. The FP&A [sensitive...
It has been good. Our [sensitive content hidden] of FP&A likes the tools. The FP&A [sensitive content hidden] prefers Adaptive Insights.
Pros
The ability to use third-party software to integrate other systems. The Reporting in the browser is clean.
Cons
Saving HC to finance and HR cubes requires many additional steps. I used Adaptive Insights, and saving to the database was much more efficient. Also, the model for our vendor spend is in Spotlight. That has led to incorrectly saving data to other scenarios.
- Industry: Computer Games
- Company size: 201–500 Employees
- Used Weekly for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 2.0 /10
Unfortunately Planful never worked let alone met the expectations from the sales pitch
Reviewed on 13/03/2024
Pros
- That the licence was only three years long
Cons
- The planning feature was almost impossible to use
- Any new features were always only available at a price never as part of what we already were paying for
- The integrators were oversold and never worked despite being paid for
- The consolidation functionality roll over made January month end more painful than our annual audit process, and take almost as long
Alternatives Considered
CCH TagetikReasons for Switching to Planful
Pricing, and the support offered from the onboarding team, as well as out of the box integrations.- Industry: Information Technology & Services
- Company size: 10,000+ Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Great FP&A Product
Reviewed on 24/09/2021
We've reduced the use of excel spreadsheets for budgeting/forecasting by using this tool. It's...
We've reduced the use of excel spreadsheets for budgeting/forecasting by using this tool. It's simplified our budget and forecasting process and it keeps getting easier each year.
Pros
They listen to their customers and are always making improvements to the product. It's easy to use and they have so many resources (support chat, community, training, etc).
Cons
The support was not great when we first implemented the tool. They've come a long way and are truly supportive of all questions I have.
- Industry: Oil & Energy
- Company size: 51–200 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
We had a quick implementation, and find that the environment is very flexible. All end users...
Reviewed on 06/10/2017
Monthly operational reporting time reduced from 3 days to 3 hours. We built alternative hierarchies...
Monthly operational reporting time reduced from 3 days to 3 hours. We built alternative hierarchies for our chart of accounts and entities, so that operations can see their relevant data in the format they prefer, whereas accounting can see it based on GAAP. Modeling transformed our budget process from Excel spreadsheets to a cloud-based solution accessible to all end users, so budget creation migrated from FP&A to the process owners. Budget consolidation process was reduced from 2 days to 2 minutes. We have also transformed to a rolling forecast using modeling, so that the annual budgets required by lenders comes from the forecasts, and is no longer a time-consuming annual task.
We have also since identified other uses for modeling, including complex calculations for our formula pricing that is based on external data imported into tables. We are also importing non-financial data to enhance our asset management deferred maintenance program.
Pros
There are no limits to the types and volume of data that you interface within Host Analytics, as long as you maintain a common field. Implementation went well (with a consulting partner), and it enabled our budget manager to trim his reporting time from 3 days to 3 hours. The modeling module uses an Excel add-in, so the feel and use of Excel is still available, but the results are stored centralized, so when any end user retrieves data, there is one version of the truth. Customer service is second to none. In my 30+ years in planning and analysis, I have never found a team so dedicated to ensuring their customer's success. Feature updates are either monthly or quarterly, and are focused on what the customers have expressed are their needs or wishes.
Cons
It required that we use a partner consultant to implement. This may be due mostly to the fact that as a small company, we do not have the internal IT resources; the initial implementation without a partner stalled due to resource and communication issues.
Planful FAQs
Below are some frequently asked questions for Planful.Q. What type of pricing plans does Planful offer?
Planful offers the following pricing plans:
- Starting from: USD 0.01
- Free Trial: Not Available
Pricing information is available by contacting Planful.
Q. Who are the typical users of Planful?
Planful has the following typical customers:
2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does Planful support?
Planful supports the following languages:
English
Q. Does Planful support mobile devices?
Planful supports the following devices:
Q. What other apps does Planful integrate with?
Planful integrates with the following applications:
Acumatica Cloud ERP, BlackLine, Boomi, Microsoft Excel, NetSuite, Sage Intacct
Q. What level of support does Planful offer?
Planful offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
Related categories
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