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Planful Reviews & Product Details - Page 2

Planful Overview

What is Planful?

Planful is the pioneer of end-to-end financial close, consolidation, and financial planning & analysis (FP&A) 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. More than 1,400 customers, including Boston Red Sox, Del Monte, Five Guys, and FIGS, 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.

Planful Details
Product Website
Languages Supported
English
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Product Description

Planful (formerly Host Analytics) is a leading financial planning and analysis (FP&A) cloud platform that enables customers to achieve the vision of Continuous Planning.

How do you position yourself against your competitors?

Compliance: Planful undergoes annual SSAE 16 Type 2 SOC 1 and SOC 2 audits and internal compliance assessments, helping to ensure your compliance with critical regulatory requirements.

Security: Your data is stored using AES-256 encryption and backed up hourly. For your protection, no logical communication is allowed between customer databases.

Reliability: Your service agreement includes a 99.5% uptime guarantee. Business continuity and disaster recovery plans ensure continued operations in the face of natural disasters or major incidents.

Easy integration: Seamlessly integrate with your existing data sources for a more holistic view of your financial and operational data.


Seller Details
Seller
Planful
Company Website
Year Founded
2000
HQ Location
San Francisco, CA
Twitter
@Planful
7,709 Twitter followers
LinkedIn® Page
www.linkedin.com
625 employees on LinkedIn®
Description

Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics. Planful empowers finance, accounting, and business users to plan confidently, close faster, and report accurately. More than 1,500 customers, including Bose, Boston Red Sox, Five Guys, Grafton Plc, Gousto, and Zappos rely on Planful to accelerate cycle times, increase productivity, and improve accuracy. Planful is a private company backed by Vector Capital, a leading global private equity firm.


JG
Overview Provided by:

Recent Planful Reviews

RT
Ruby T.Mid-Market (51-1000 emp.)
4.5 out of 5
"Planful: Empowering FP&A Teams"
Planful stands out as an intuitive system that allows FP&A team to easily create detailed reports and to automate key processes. With its powerful ...
Verified User
A
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Planful is an excellent Finance driven system"
What I best about Planful is its user-friendly interface, which makes it easy to self-manage within the Finance department. Additionally, non-finan...
Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Planful Review"
Planful is easy to use and was overall simple to implement.
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Planful Media

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Video Reviews

436 Planful Reviews

4.3 out of 5
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436 Planful Reviews
4.3 out of 5
436 Planful Reviews
4.3 out of 5

Planful Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
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Cons

Overall Review Sentiment for PlanfulQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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JR
Finance Supervisor
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
(Original )Information
What do you like best about Planful?

They are always looking at ways to improve their products and they truly listen to their customers. They have several different ways for customers to communicate between each other and with Planful. They truly listen to their customers. If there's a product enhancement you want, ask them, and odds are, it's already on their roadmap. The people I work with at Planful are second to none when it comes to customer satisfaction. Review collected by and hosted on G2.com.

What do you dislike about Planful?

Nothing against them, but our company doesn't fully use the tool to it's full capacity. Review collected by and hosted on G2.com.

What problems is Planful solving and how is that benefiting you?

Using planning has made our money managers really realize what they are spending and makes them more aware of their dept as far as budget. We've been able to come in closer than ever on our Budget this last year than ever before. Our Money Managers are responsible for using the tool daily, weekly, monthly, etc. we have solved so many problems with the tools Planful has. Review collected by and hosted on G2.com.

JF
AD FPA
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Planful?

Ease of use for Admin and End-user.

Straight-forward functionality

Daily use for data pull, data integration, report built-up

Fantastic customer support Review collected by and hosted on G2.com.

What do you dislike about Planful?

Still have room to improve planning modules Review collected by and hosted on G2.com.

What problems is Planful solving and how is that benefiting you?

We dont have to use excel for forecasting and data integration manually.

All has been upgraded to automation, saved one FTE and time efficiency. Review collected by and hosted on G2.com.

Response from Cameron Moreau of Planful

Appreciate you taking the time to leave a review Jennifer!

CR
Associate director Financial Reporting and Training
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Planful?

The ease of entry for staff who only use the system once a year Review collected by and hosted on G2.com.

What do you dislike about Planful?

Some data is difficult to mine from the system Review collected by and hosted on G2.com.

What problems is Planful solving and how is that benefiting you?

Planful provides an easy to use and administer template based budgeting system that is simple to navigate and understand. Review collected by and hosted on G2.com.

BJ
Senior Director of Finance & Accounting
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Planful?

Planful is easy to learn and flexible. Love the product as it has revolutionized the way we report and budget. Review collected by and hosted on G2.com.

What do you dislike about Planful?

Role based security issue. It's a small known bug that they have communicated will be remedied in the near future. Review collected by and hosted on G2.com.

What problems is Planful solving and how is that benefiting you?

Used for budgeting/forecasting/financial reporting. Review collected by and hosted on G2.com.

TZ
Group Senior Financial Controller
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Planful?

The point that the software will be easy to use by non-financial users, as well as that the system will help you to decrease the amount of mistake can happen on excel.

On top, the customer service is being quite helpful and answering quickly. Review collected by and hosted on G2.com.

What do you dislike about Planful?

It's not a bad thing, but teams need to understand that the implementation phase is not that easy and require time. Review collected by and hosted on G2.com.

What problems is Planful solving and how is that benefiting you?

Planful will help us to bring all the enteties in the group to one way of creating the report, insead of 5 version, into one way.

Hopefullly will reduce our closing month much quicker.

Will help to integrate other non-financial department into the process of forecasting and budgeting. Review collected by and hosted on G2.com.

Verified User in Gambling & Casinos
AG
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Planful?

I like the flexibility of reporting and real-time data Planful provides. Review collected by and hosted on G2.com.

What do you dislike about Planful?

It requires many clicks to do things in Planful. Review collected by and hosted on G2.com.

What problems is Planful solving and how is that benefiting you?

Planful makes reporting and communicating with operators easy. During budgeting we created an automatic allocation process which saved so much time! We are planning to roll out forecasting next year and will be able to do it easily with Planful. Review collected by and hosted on G2.com.

JM
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Planful?

I think my favorite feature of Planful is the ability to breakdown data many different ways. You can customize Planful to work specifically for you by creating dimensions that are relevant to your business. It is also very easy to add new Users and customize their account to work specifically for their use cases. Review collected by and hosted on G2.com.

What do you dislike about Planful?

I think the support team could be more helpful. Also, formatting can be a huge pain on reports. There are some nuances that can be really frustrating that doesn't make sense to why they don't have that functionality. There is a bit of a learning curve for users to learn how to create reports. Review collected by and hosted on G2.com.

What problems is Planful solving and how is that benefiting you?

Planful helps us to replicate reporting for the many levels at which we breakdown our hierarchy. We can automate report generation for all of our sites and saves us many hours doing repetitive tasks. It also is extremely helpful for us to identify issues for a specific account/location through their drill-down capabilities. It has also saved us an immense amount of time during our budget process by allowing us to create templates that we can use across all locations. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Planful?

Planful is easy to use and was overall simple to implement. Review collected by and hosted on G2.com.

What do you dislike about Planful?

Nothing of note that I can come up with that I dislike. Review collected by and hosted on G2.com.

What problems is Planful solving and how is that benefiting you?

We are getting clear and accurate data to close out our month quickly and identify trends. Review collected by and hosted on G2.com.

Verified User in Education Management
AE
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Planful?

Spotlight

Structured planning

Dashboard

Ease of use

User Managemnet

Customer Support

Ease of Implementation Review collected by and hosted on G2.com.

What do you dislike about Planful?

Hierarchy limitation

Sign Detection

Online user control Review collected by and hosted on G2.com.

What problems is Planful solving and how is that benefiting you?

Report automation

Streamlined and automated the complex forecast cycle

Accurate WFP

Giving business visibility and ownership to their own budget Review collected by and hosted on G2.com.

Verified User in Renewables & Environment
AR
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Planful?

Once you've gotten past the learning curve (like all new systems), there are a lot of functions that can help the FP&A function be nimble and agile in forecasting on the fly.

Having spent most of my career forecasting in Oracle HFM, I have found Planful to be a great (and better) alternative. They have really good customer support, and the implementation team we have worked with are super helpful. Review collected by and hosted on G2.com.

What do you dislike about Planful?

We were originally forecasting via an Uploader in Excel. This felt fairly clunky as there were various places we had to touch to align everything before a write-back from P&L model to the forecast. We were able to move to forecasting directly into the web which has proven to be a big improvement in our day to day usage of the system. Review collected by and hosted on G2.com.

What problems is Planful solving and how is that benefiting you?

We are able to budget and keep up with the fluidity of our company's ever-fluctuating structure with ease Review collected by and hosted on G2.com.