Planful, a good tool if you have the time and skillset to properly implement
Our business uses Planful for easily repeatable (push button) month end and quarter end reporting. We also use it to create bottoms up …
Planful
Planful
Overview
What is Planful?
Planful is a cloud-based enterprise performance management (EPM) suite. It includes financial applications for modeling, planning, consolidation, reporting and analytics.
Recent Reviews
Planful is amazing!
We use Planful for workforce planning, reporting, budgeting and forecasting. The biggest challenge we had when we started using Planful …
A budget and forecast tool that makes financial planning easy!
We use Planful ) at a department level here for budgeting and forecasting our department costs. It is helping us manage our workforce as …
Planful Review 2024
We used it for planning and reporting.
Planful effectively addressed the Workforce planning, opex planning and management reporting at …
Planful effectively addressed the Workforce planning, opex planning and management reporting at …
Planful is a complex product for complex businesses
We use Planful for FP&A and annual budgeting, across several entities as well as functions. In my role as Head of HR, I use the Workforce …
Review of Planful
We are a Veterinary hospital consolidator. We have many use cases for Planful due to the ways we break down our business. Planful allows …
Planful's no slouch
HomeServices uses Planful primarily as a consolidation tool, we are a decentralized organization where our subsidiaries use several …
Great platform for a growing business
We use Planful for our month end financial reporting, operating planning process, and ad hoc requests. The platform has grown with us from …
Great EPM Tool for the Mid-Enterprise
Planful is our internal finance tool used for reporting financial results and inputting/updating internal budgets. Planful allows all …
A cloud based EPM solution your FP&A team can grow with!
6 out of 10
December 15, 2023
Planful is being used by our organization to improve the month end/quarterly consolidation/close process. It is mainly being used by our …
Wonderful Customer Service and Evolving Product
Planful enables quick scenario analysis and financial projections to drive business and allow us to focus on developing the business. …
Planful System is a powerful and Comprehensive Financial Planning & Reporting System
We utilize Planful at the corporate level to consolidate numerous companies' results from various ERPs and different charts of accounts to …
Powerful tool for short and long-term financial planning and real-time financial and operational analysis.
We leverage Planful to support our financial planning and analysis function, as well as to provide operators in the business with …
Planful is NOT painful
10 out of 10
December 13, 2023
Planful is currently used by our Technology Group, an overhead department in the company. Additionally, Kiewit Business Services, another …
Short summary of my Planful experience.
9 out of 10
May 29, 2023
Planful is the consolidation software we used on top of the GL ERP systems that we have. Planful is an excellent tool to manage year end …
How Planful Differs From Its Competitors
Collaboration with Planful
Planful has made it easier to gather information in one place and keep it up to date, especially the HRIS system data. Depending on which system you integrate with this can be a difficult process to get things up and running. The extra data gives us the option to say more yes to more complicated …
Real-Time Data
Planful has given us a single source of truth that automatically gets data from our sources and gives us a relatively simply way to manage the data. Our monthly reporting now is a push button process and we can spend more time actually reviewing the data.
Data Accuracy
Planful has increased our accuracy by reducing the need for manual processes, planful automatically gets our GL data daily and once we set up our reports there is minimal changes needed everyone month. Adding GL lines is as easy as adding them into the hierarchy in planful and the reports auto …
Collaboration with Planful
We are an over head department and simply use Planful for operational expenses and workforce planning. The impact on our ability to collaborate financials across the department has been tremendous! We have the ability to simply export our forecast report and send to Home Office when requested, …
Suite of Capabilities
We have benefitted greatly from having the ability to take care of all of our finance needs in Planful. It is very valuable to have the ability to see workforce templates and opex templates with ease for our money managers. It would be even more beneficial if all of our overhead departments used …
Real-Time Data
This has been a game changer for us! It gives us the ability to access realtime financial and workforce data at not just my Finance team's fingertips, but all of our money managers as well!
Data Accuracy
There are some things we would like to do to ensure more data accuracy, like link the SAP HR data to push into Planful similar to what we're doing with financial data, however we have run into issues simply because we've been doing workforce planning in Planful since 2018 and have customized it so …
Collaboration with Planful
The reporting capabilities allow us to share data
with multiple departments. We have bi-weekly management meetings where almost
all reporting is pulled from Planful (forecast updates, headcount trends,
workforce changes, budget updates, etc). We also can run reports for other
departments based on …
Suite of Capabilities
I support all 25 Money Managers that we have using Planful. Because the tool is so easy to use, it allows me to provide data to Money Managers in minutes. They can access their financials in real time at the click of a button. It's incredibly easy to use and makes life easier for our Technology …
Automation
Prior to Planful we used a
custom-built tool with an excel interface called Projects Utility. It was very
painful because when multiple money managers were in it at the same time, it would
bog down the program. To get new financials to populate, it would take 20
minutes or more of spinning for the …
Ease of Reporting
Reporting is so easy to use. There's so many filter options that it makes creating the report you want super easy. And it tells you what dimensions you're missing (if the report comes back empty). You can choose what you want, run it, then make changes if needed. Then you save it when you're done. …
Finance Self-Service
Our money managers have some challenges navigating the tool when they aren't in it for awhile. But they can view their cost centers with ease and pull our standard reports and create off those as needed. I have monthly variance
meetings with our money managers where we discuss their previous …
Real-Time Data
At the click of a button,
we have Actuals for our entire dept. Our managers can update their forecast and
in seconds, all their reports are up to date.
Data Accuracy
We are collaborating with Money Managers on a daily basis. We interact with the tool constantly and can make changes any time we need. Looking forward to using the new Planful Predict feature to help even more with data accuracy.
Collaboration with Planful
Saved 100% of time to manually reconcile the accuracy of workforce data including salary, bonus and benefits.
Suite of Capabilities
As the only reporting tool, we maintain the only source of truth within Planful so C-suite has one destination to go for any financial data
Collaboration with Planful
Planful has allowed me to communicate sensitive employee data (compensation) to the finance department for FP&A purposes, while ensuring the detailed line items of said data remain confidential.
Suite of Capabilities
The Finance team may have a different response, but from a workforce planning perspective Planful is not a huge value-add. There are other compensation platforms that offer built-in benchmarking, tracking of total comp (inclusive of equity and benefits), and similar levels of internal …
Collaboration with Planful
Planful allows us to build specific permissions for each department to help them automate tasks while not having vision of areas they shouldn't. We are able to build out reports for other departments to assist them in their monthly duties and save them many hours doing repetitive tasks each month.
Suite of Capabilities
While we do have many use cases for Planful - we do not exclusively use Planful for all of our finance needs.
Collaboration with Planful
Most of our companies were using their local GL's for their internal financial reporting. Once we showed them how to use report collections, where one report can be run for many different variables, such as department, business segment, etc, our subsidiaries started using Planful for their …
Suite of Capabilities
Previously to using Planful, we were not doing a subsidiary level forecast on a monthly basis. Planful has allowed us to add this level of detail to our forecast process so we can get a much more accurate view of how we are performing on a company-by-company basis.
Having the unified suite of …
Having the unified suite of …
Real-Time Data
We only load data on a monthly basis to Planful, so real-time financial data isn't an option that we've looked to use this product for at this time.
Data Accuracy
One of our biggest pain points in our prior software was eliminations, we were able to build dynamic journals which automated the process and always assured that the entries balanced. Setting up the journals is fairly straight-forward and the dynamic journals are breeze to use and maintain.
Collaboration with Planful
Right now, we run flat reporting and send from excel. This is currently on our roadmap for 2024 to leverage.
Suite of Capabilities
Not fully yet, working on completing full buildout of FP&A in Planful in 2024 before breaking out into other solutions.
Real-Time Data
Once integrated with Oracle through an API, we are able to use Planful for up to the minute reporting and drill in of our financials.
Data Accuracy
Very much so - eliminated manual uploads from EPS to Planful through API integrations. Now we troubleshoot instead of problem solve data inaccuracies.
Collaboration with Planful
Budget owners can now see the details that drive spend across departments and entities. This has led to better understanding of cost structure and ROI. Finance and budget owners now look at the same live budget templates, rather than passing excel files and worrying about version control, saving …
Suite of Capabilities
Being able to use Planful for performance reporting and forecasting allows us to have a single source of truth and enables users to immediately update budgets based on the latest performance data
Collaboration with Planful
Planful allows us to collaborate on financial plans within the finance department through it's dynamic and structured planning modules. We have many users throughout the organization that use Planful to input and complete their annual budgets as well as monthly forecasts. Planful also allows us to …
Suite of Capabilities
We've always had our finance needs within one platform, so I'm not sure if there's really been any added benefit here...
Real-Time Data
We don't necessarily have access to real-time data using Planful. We have to consolidate our entity trial balances prior to accessing the monthly financials.
Data Accuracy
For the most part, Planful has eliminated the need for manual processes and manual adjustments to reports.
Collaboration with Planful
Our operational leadership have been granted accounts, and some of them dive into the central repository of reports to find the information they want before needing to go to their respective supporting analyst. Planful also enables quick analysis of strategic initiatives in addition to streamlined …
Suite of Capabilities
We still operate within a semi-hybrid use case of zero-based budgeting within excel models, but we house all of our projections within Planful at the end of all processes. We also use BI to dive into sub-GL information, and have a roundabout way of loading that detailed information to Planful. …
Collaboration with Planful
We currently only use the planning module to consolidate the plan. Detail planning is still done within the local companies' ERP as well as cost center reporting. Summary level plan data is then uploaded or entered into Planful.
Suite of Capabilities
Using Planful to consolidate data from multiple companies and have this data stored in one place allows us to create corporate reporting efficiently. Using spotlight XL for reporting has given us the ability to respond quickly to changes in data, so reporting is accurate and up to date.
Real-Time Data
We can generate our Monthly package in an extremely efficient manner using spotlight for excel. Gives us full confidence on any metrics / data that we have within the planful system.
Data Accuracy
We have more confidence in the data we are presenting. And that each company presenting their own results is using the same database so we are consistent in what is being presented in various decks.
Collaboration with Planful
It has allowed me to have access to much more data at my fingertips, rather than having to ask others in the organization to pull together reports for me, or spending a lot of time piecing them together on my own. The integration of Payroll information, with appropriate controls and visibility …
Suite of Capabilities
The integration of payroll and fully-fledged P&L data into one location has allowed me to run more detailed scenario analyses and provide more relevant, actionable data to the CFO and others within the organization. One noticeable area is in COGS and margin analysis and planning, where the ability …
Collaboration with Planful
I was able to set up our hierarchies to mirror what our home office accounting department requires/uses. This gave me the ability to easily export a dynamic report that I created and literally email it to accounting when they request forecast updates from our department. Also, having the ability …
Suite of Capabilities
Unfortunately, the tool doesn't make it up to our CFO office, as we are just an overhead department using it to track our operational expenses. But I will add that our department has been UNDER budget every year since using Planful, and being an overhead department, it is essential that we are …
Automation
We have automated reports we use weekly, bi-weekly, and monthly. We do not use Planful it is the truest and fullest ability for financial planning holistically for income statements, balance sheets, etc. as we are an Overhead department. We also use Planful for all Workforce planning in structured …
Ease of Reporting
Dynamic reports are so easy to create. When we first began using Planful it was challenging, but now that we've used the program for a few years, Planful continually improves the capabilities and it has enabled us to continue to do better and better. Dynamic reports are very easy. I think …
Finance Self-Service
Planful is so easy to manipulate. Even when we have new money managers request access, it takes very little training to run through their responsibilities in the program and how to utilize all of the tools they need. I've stated it before, the improvements over the years have been impeccable, …
Real-Time Data
This feature was the final deciding factor for us to purchase Planful. It is a priceless feature to have financials at all of our money manager's fingertips daily (and even hourly). It has helped us streamline so many processes. With the built-in access security, we are able to use real salary …
Data Accuracy
Our data accuracy has definitely been impacted by the use of Planful. In the past, it was very difficult to reconcile our processes in our custom-built tool to the "one source of the truth" data that comes out of SAP. Moving onto the Planful platform, I have been asked multiple times if I believed …
Collaboration with Planful
It does a good job in gathering all the data from various units. My company has a dozen units and Planful is used to gather and consolidate all the data into a single reporting format. Drill down function can be improved somewhat. Certain numbers can't be drilled down which is one of my main …
Suite of Capabilities
We have definitely benefited from using Planful. The unique hierarch structure of planful allows us to map a single corp level COA and consolidate all the data.
Collaboration with Planful
Just by being able to produce so many reports so quickly, Planful has saved our team then time of generating manual reporting so that we can shift our time towards actually working and communicating results with the business .
Suite of Capabilities
Less time spent checking data sources and ticking and tying.
Collaboration with Planful
There are multiple ways that data can be collected and disbursed to business units. The ability for users who are in different areas of the company to run the same report simultaneously helps eliminate unnecessary requests and speeds us the process to get data to employees when the need it.
Suite of Capabilities
While we do not use all the tools, the ability to have budget /actuals / forecast in one platform increases productivity and allows for more analysis rather than time spent on data gathering. Similar to most systems, the more standardized a company's reports can be designed, the more effiecient it …
Automation
Utilize report collectors (automatic report distribution) to any employee in organization (user or non-user), easily roll monthly forecasts to next financial period, create various reports for all levels of organization. Create a common platform for those responsible with budgets and forecast to …
Ease of Reporting
Once fully trained, simple reports can be created in minutes… other complex reports may take hours, but overall easy to use for those interested in report design / creation.
Finance Self-Service
Self serve reporting, analysis and planning is easily accommodating using the platform. If properly implemented, interface can be designed to restrict end users only what they need to use.
Real-Time Data
We use planful to update ERP information several times a day. We can then use that data in multiple platforms such as structured reporting, dashboards, and modeling information.
Data Accuracy
We use planful to update ERP information several times a day. We can then use that data in multiple platforms such as structured reporting, dashboards, and modeling. Requires less manual intervention to update and reduces the chances of keying errors. Has built-in security to ensure users have …
Collaboration with Planful
Planful lays out what our possible costs are, and seeks out to address avenues for how to manage these costs across all departments and consolidate this into planning that is growth driven. Planful gives a real time look into what we budget for each departments and what we are actually driving …
Suite of Capabilities
Planful touches all aspect of finance integration. Our CFO is amazed at how easy it is for him to have all his reports consolidated in one cloud bucket. The Key Performance Indicators give a real time view of all segments of budgeting, Implementation, and reporting. Planful provides multiple …
Collaboration with Planful
I am able to pull adhoc reports for my business partners easily
Suite of Capabilities
I cannot take care of all my finance needs from this platform
Collaboration with Planful
It's enhanced my ability greatly as the information that comes from Planful, and the analysis, helps inform business leaders in my organization, who then take what I give them to inform other business partners within our organization. It has positively changed how we do FP&A, and I don't even want …
Suite of Capabilities
I've benefitted by being able to take care of tasks, and other ad hoc assignments from my supervisors, by interacting and learning from the platform. If there's one thing I could say about this tool to speak to it's effectiveness, it is how easy it is to catch on to the different ways to use it! :)
Collaboration with Planful
Planful has enabled collaboration up and down the finance chain, with review occuring at multiple levels, with "subledger" to the budget available. We do not currently use it outside of Finance, but has definitely enabled collaboration across 50+ entities within finance and accounting.
Suite of Capabilities
Planful has enabled multiple people to pull their own information, enabling everyone from the CFO down to Analysts to pull their own data, and get access to what they need, when they need it. This has really empowered everyone in the organization to self serve. The biggest downfall, as an …
Collaboration with Planful
I really only report our department's finances to my budget administrator in the Dean's Office. He is the one who looks over and approves my forecasting/reporting, then sends it over for final approval to what would be considered the university's finance department. My budget administrator does …
Suite of Capabilities
I have benefitted because I have gained time back rather than having to use multiple tools at a time and make things confusing. It's nice to be able to flip back and forth and see my budget work change in the reports in real time without having to wait. It makes things quick and easy when …
Collaboration with Planful
As a financial business analyst, I collect the data from the business teams and do the upload into Planful or manually enter the Opex details besides the employee details. We haven't used Planful to collect data or share with the business teams so that they can be self efficient to do their …
Suite of Capabilities
Planful is easy to use. Also, it has the control functionalities allow us to do something but not to do something if we override a formula cell that we shouldn't be. Hence, it improves the accuracy of the reporting. If the data are verified and accurate at the department level, the …
Collaboration with Planful
We don’t really use it to push data down to operational departments yet.
Suite of Capabilities
The CFO is very pleased with the increased flexibility and added insights available since we started reporting with Planful.
Collaboration with Planful
Department heads and sales leaders can log in and update their planning templates and then click save and the roll-up is pretty much there depending on the level of manipulation post contributor the finance team wants to leverage. Furthermore, they can then view the submitted data in reporting …
Suite of Capabilities
I still use multiple platforms for information integration exercises, but Planful is our primary tool for Financial Reporting, consolidation, and planning. It's a time save that all 3 are in the same place.
Awards
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Popular Features
- Financial budgeting (108)8.080%
- Forecasting (101)7.878%
- Management Reporting (102)7.777%
- Management reporting (105)7.777%
Reviewer Pros & Cons
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Manager in Finance and Accounting
E-Learning Company, 51-200 employees
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Construction Company, 10,001+ employees
Pricing
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What is Planful?
Planful is a cloud-based enterprise performance management (EPM) suite. It includes financial applications for modeling, planning, consolidation, reporting and analytics.
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Demos
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Financial Consolidation
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Planning, Budgeting & Forecasting
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Features
BI Standard Reporting
Standard reporting means pre-built or canned reports available to users without having to create them.
6.3
Avg 7.9
- 6.4Pixel Perfect reports(16) Ratings
Pixel Perfect reports are highly-formatted reports with graphics and ability to preview the report before printing.
- 6.5Customizable dashboards(31) Ratings
Customizable dashboards are dashboards providing the builder some degree of control over the look and feel and display options.
- 6.1Report Formatting Templates(29) Ratings
Ad-hoc Reporting
Ad-Hoc Reports are reports built by the user to meet highly specific requirements.
7.2
Avg 8.2
- 7.9Drill-down analysis(60) Ratings
Drill down analysis is the ability to get to a further level of detail by going deeper into the hierarchy.
- 6.7Formatting capabilities(61) Ratings
Ability to format output e.g. conditional formatting, lines, headers, footers.
- 7Report sharing and collaboration(57) Ratings
Report sharing and collaboration is the ability to easily share reports with others.
Report Output and Scheduling
Ability to schedule and manager report output.
6.3
Avg 8.1
- 6.8Publish to Web(14) Ratings
- 6.9Publish to PDF(46) Ratings
- 5.2Report Versioning(30) Ratings
Report versioning is the assignment of version numbers to each version of a report to help in tracking.
- 6.6Report Delivery Scheduling(33) Ratings
Report Delivery Schedule is the ability to have reports delivered to a destination at a specific data and time.
Data Discovery and Visualization
Data Discovery and Visualization is the analysis of multiple data sources in a search for patterns and outliers and the ability to represent the data visually.
6.3
Avg 7.6
- 6.3Pre-built visualization formats (heatmaps, scatter plots etc.)(16) Ratings
Pre-built visualization formats are canned visualization types that can be selected to visualize different kinds of data.
- 6.3Predictive Analytics(20) Ratings
Predictive Analytics is the ability to build forecasting models based on existing data sets.
Access Control and Security
Access control means being able to determine who has access to which data.
8.5
Avg 8.7
- 8.8Multi-User Support (named login)(55) Ratings
Named model access means that users have access based on name and password.
- 8Role-Based Security Model(53) Ratings
Role-based access means that access to data is determined by job or position in the corporation.
- 8.4Multiple Access Permission Levels (Create, Read, Delete)(54) Ratings
Multiple access permission levels means that different levels of users have different rights.
- 8Report-Level Access Control(13) Ratings
Report-level access control means that the type of report determines who has access to it.
- 9.1Single Sign-On (SSO)(46) Ratings
Allows users to use one set of login credentials to access multiple applications
Mobile Capabilities
Support for mobile devices like smartphones and tablets.
7.2
Avg 7.8
- 7.1Responsive Design for Web Access(25) Ratings
Web design aimed at producing easy-to-read sites across a range of different devices.
- 7.4Dashboard / Report / Visualization Interactivity on Mobile(17) Ratings
In-app dashboard reports and data visualization.
Budgeting, Planning, and Forecasting
These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning
7.8
Avg 8.3
- 8.2Long-term financial planning(96) Ratings
3-5 year financial plan with cashflow.
- 8Financial budgeting(108) Ratings
Annual budget for revenue and operating expenses, headcount/compensation, capital expenses, projects, etc.
- 7.8Forecasting(101) Ratings
Combining actuals and budgets, rolling forecasts, driver-based models.
- 7.2Scenario modeling(88) Ratings
Financial or operational modeling of alternate future states and planning for each.
- 7.7Management reporting(105) Ratings
Budget vs. actual or forecast, P&L’s, performance over time, between products etc.
Consolidation and Close
Consolidation of data from multiple entities with currency management, reporting and audit trails.
6.4
Avg 8.0
- 8.3Financial data consolidation(73) Ratings
Consolidating data from several entities into a single statement using US GAAP, IFRS or other standards.
- 6.5Journal entries and reports(56) Ratings
Ability to enter journal entry adjustments and produce reports showing all journal entries for a specific period.
- 6.3Multi-currency management(49) Ratings
Ability to handle foreign currency conversions during consolidation.
- 6.4Intercompany Eliminations(48) Ratings
Matching and elimination of intercompany revenue, expenses, and balance sheet accounts.
- 4.6Minority Ownership(25) Ratings
Consolidate financials full or partial ownership of subsidiaries, equity pick-up.
- 6.3Local and consolidated reporting(59) Ratings
Ability to report against individual business entities and the consolidated umbrella entity.
- 6.4Detailed Audit Trails(58) Ratings
Tracing changes to data and processes that were run.
Financial Reporting and Compliance
Financial statements and regulatory filings
7.2
Avg 8.2
- 7.5Financial Statement Reporting(92) Ratings
Creation and production of balance sheets, income statements, cash flows, other schedules
- 7.7Management Reporting(102) Ratings
Tools facilitating creation of internal ad hoc or standard reports.
- 7.5Excel-based Reporting(101) Ratings
Ad hoc or formatted reports using MS Excel.
- 6.1Automated board and financial reporting(75) Ratings
Tools to help automate creation of regulatory reports such as SEC filings and board books.
- 7.1XBRL support for regulatory filing(3) Ratings
Support for the XBRL standard reporting format for exchanging financial data.
Analytics and Reporting
Dashboards and scorecards for KPI monitoring and benchmarking
5.9
Avg 8.0
- 6.8Personalized dashboards(56) Ratings
Create custom dashboards and reports without the help of IT or administrators.
- 6.3Color-coded scorecards(34) Ratings
Track and analyze performances with interactive, color-coded balanced scorecards.
- 6.9KPIs(44) Ratings
Select from a library of more than 6,000 key performance indicators, and incorporate KPIs into your planning process.
- 6.4Cost and profitability analysis(44) Ratings
Cost and profitability analysis provides data for business decision making.
- 5.8Key Performance Indicator setting(34) Ratings
Ability to set key performance indicators for measuring progress towards goals.
- 3.1Benchmarking with external data(8) Ratings
CPI, daily exchange rates, industry KPIs. with scheduled data refreshes.
Integration
Ability to integrate with external applications.
6.6
Avg 8.3
- 8.1Flat file integration(72) Ratings
Integration of flat files like text documents and comma separated files
- 6.7Excel data integration(92) Ratings
Ability to integrate directly with Excel data.
- 5.1Direct links to 3rd-party data sources(66) Ratings
Integration with external applications like ERP, CRM, HCM
Product Details
- About
- Integrations
- Competitors
- Tech Details
- Downloadables
- FAQs
What is Planful?
Planful offers 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. The vendor states Planful's 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 global private equity firm. Learn more at www.planful.com.
STRUCTURED PLANNING Structured Planning with Planful automates labor-intensive planning activities in a cloud-based platform – to give the finance team control, consistency, and confidence in corporate financial plans, budgets, and forecasts.
DYNAMIC PLANNING Dynamic Planning with Planful enables flexible, high-frequency, data-driven planning, modeling, and decision-making so users in every corner of the organization can analyze, plan, and make confident decisions at the speed of business.
FINANCIAL CLOSE & CONSOLIDATION Financial Close & Consolidation with Planful empowers finance to accelerate month-end close and reporting cycles by automating data aggregation, journal entries, intercompany eliminations, minority interest, entity consolidation, currency conversion, and financial reporting.
FINANCIAL REPORTING Reporting with Planful provides a library of reporting formats and delivery options, enabling finance and business users to produce a wide range of interactive financial and management reports leveraging one source of truth.
WORKFORCE PLANNING Planful helps users to tackle workforce planning using accurate and current data from across the business. By simplifying and automating time-consuming tasks and building alignment across departments, users have more time to create a stronger people strategy.
PLANFUL FOR MARKETING Planful’s marketing solution, formerly known as Plannuh, is used to measure marketing at every level of the plan for full visibility and team efficiency. To protect the marketing budget, Planful for Marketing helps marketers build, measure, execute and improve with clarity.
Planful Features
Budgeting, Planning, and Forecasting Features
- Supported: Long-term financial planning
- Supported: Financial budgeting
- Supported: Forecasting
- Supported: Scenario modeling
- Supported: Management reporting
Consolidation and Close Features
- Supported: Financial data consolidation
- Supported: Journal entries and reports
- Supported: Multi-currency management
- Supported: Intercompany Eliminations
- Supported: Minority Ownership
- Supported: Local and consolidated reporting
- Supported: Detailed Audit Trails
Financial Reporting and Compliance Features
- Supported: Financial Statement Reporting
- Supported: Management Reporting
- Supported: Excel-based Reporting
- Supported: Automated board and financial reporting
Analytics and Reporting Features
- Supported: Personalized dashboards
- Supported: Color-coded scorecards
- Supported: KPIs
- Supported: Cost and profitability analysis
- Supported: Key Performance Indicator setting
Integration Features
- Supported: Flat file integration
- Supported: Excel data integration
- Supported: Direct links to 3rd-party data sources
BI Standard Reporting Features
- Supported: Pixel Perfect reports
- Supported: Customizable dashboards
- Supported: Report Formatting Templates
Ad-hoc Reporting Features
- Supported: Drill-down analysis
- Supported: Formatting capabilities
- Supported: Predictive modeling
- Supported: Report sharing and collaboration
Report Output and Scheduling Features
- Supported: Publish to Web
- Supported: Publish to PDF
- Supported: Report Versioning
- Supported: Report Delivery Scheduling
Data Discovery and Visualization Features
- Supported: Pre-built visualization formats (heatmaps, scatter plots etc.)
- Supported: Predictive Analytics
Access Control and Security Features
- Supported: Multi-User Support (named login)
- Supported: Role-Based Security Model
- Supported: Multiple Access Permission Levels (Create, Read, Delete)
- Supported: Report-Level Access Control
- Supported: Single Sign-On (SSO)
Mobile Capabilities Features
- Supported: Responsive Design for Web Access
- Supported: Dashboard / Report / Visualization Interactivity on Mobile
Planful Screenshots
Planful Videos
Watch Annual Operational Planning
Watch Cash Flow Forecasting
Watch Workforce Planning
Watch Financial Reporting
Watch Monthly Close and Consolidation
Watch Plan, Budget & Forecast
Watch Rolling Forecasts
Watch Dynamic Planning
Watch Planful for Marketing
Watch Planful Consolidations
Watch Planful Predict
Planful Integrations
Planful Competitors
Planful Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
| Supported Countries | We have customers in 90 countries |
| Supported Languages | English |
Planful Downloadables
Frequently Asked Questions
Planful is a cloud-based enterprise performance management (EPM) suite. It includes financial applications for modeling, planning, consolidation, reporting and analytics.
Reviewers rate Single Sign-On (SSO) highest, with a score of 9.1.
The most common users of Planful are from Enterprises (1,001+ employees).
Planful Customer Size Distribution
| Consumers | 0% |
|---|---|
| Small Businesses (1-50 employees) | 10% |
| Mid-Size Companies (51-500 employees) | 25% |
| Enterprises (more than 500 employees) | 65% |
Comparisons
Compare with
Reviews and Ratings
(209)Attribute Ratings
- 8.4Likelihood to Renew20 ratings
- 8.2Availability4 ratings
- 8.5Performance3 ratings
- 8.2Usability19 ratings
- 7.8Support Rating20 ratings
- 8.6Online Training2 ratings
- 6.4In-Person Training2 ratings
- 5.1Implementation Rating8 ratings
- 8.2Configurability2 ratings
- 8.2Product Scalability2 ratings
- 7.3Ease of integration3 ratings
- 9.1Vendor pre-sale2 ratings
- 8.2Vendor post-sale4 ratings
- 9.1CPA Rating1 rating
Reviews
(1-2 of 2)Companies can't remove reviews or game the system. Here's why
June 28, 2024
Planful is amazing!
Verified User
Manager in Information Technology
Construction Company, 10,001+ employees
We use Planful for workforce planning, reporting, budgeting and forecasting. The biggest challenge we had when we started using Planful was the ability to do our workforce planning because we lacked the ability to limit access based on our cost center structure. Planful gives us the ability to use real numbers (not blended rates) because of the structured access permissions.
- Customer Service
- Dynamic Reporting
- Workforce Planning
- Help menu/resources
- The ability to create a dashboard for all to see top level financial results but no ability to drill through
The Planful solution has been very well suited for our workforce planning. The ability to forecast/budget real numbers rather than having to use blended rates is super important for us. This reduces the number of variances. Additionally, the ease of setting up compensation items for all of our benefits and assigning those to employee types is wonderful.
100%
10.0
- Long-term financial planning
- 100%10.0
- Financial budgeting
- 100%10.0
- Forecasting
- 100%10.0
- Scenario modeling
- 100%10.0
- Management reporting
- 100%10.0
100%
10.0
- Financial data consolidation
- 100%10.0
- Journal entries and reports
- 100%10.0
- Multi-currency management
- 100%10.0
- Intercompany Eliminations
- 100%10.0
- Minority Ownership
- 100%10.0
- Local and consolidated reporting
- 100%10.0
- Detailed Audit Trails
- 100%10.0
100%
10.0
- Financial Statement Reporting
- 100%10.0
- Management Reporting
- 100%10.0
- Excel-based Reporting
- 100%10.0
- Automated board and financial reporting
- 100%10.0
100%
10.0
- Personalized dashboards
- 100%10.0
- Color-coded scorecards
- 100%10.0
- KPIs
- 100%10.0
- Cost and profitability analysis
- 100%10.0
- Key Performance Indicator setting
- 100%10.0
100%
10.0
- Flat file integration
- 100%10.0
- Excel data integration
- 100%10.0
- Direct links to 3rd-party data sources
- 100%10.0
100%
10.0
- Pixel Perfect reports
- 100%10.0
- Customizable dashboards
- 100%10.0
- Report Formatting Templates
- 100%10.0
100%
10.0
- Drill-down analysis
- 100%10.0
- Formatting capabilities
- 100%10.0
- Report sharing and collaboration
- 100%10.0
100%
10.0
- Publish to Web
- 100%10.0
- Publish to PDF
- 100%10.0
- Report Versioning
- 100%10.0
- Report Delivery Scheduling
- 100%10.0
100%
10.0
- Pre-built visualization formats (heatmaps, scatter plots etc.)
- 100%10.0
- Predictive Analytics
- 100%10.0
100%
10.0
- Multi-User Support (named login)
- 100%10.0
- Role-Based Security Model
- 100%10.0
- Multiple Access Permission Levels (Create, Read, Delete)
- 100%10.0
- Report-Level Access Control
- 100%10.0
- Single Sign-On (SSO)
- 100%10.0
100%
10.0
- Responsive Design for Web Access
- 100%10.0
- Dashboard / Report / Visualization Interactivity on Mobile
- 100%10.0
- We do not calculate ROIs for tools like this, however it has enabled us to meet our budget every year due to visibility of financials for all of our money managers
We are an over head department and simply use Planful for operational expenses and workforce planning. The impact on our ability to collaborate financials across the department has been tremendous! We have the ability to simply export our forecast report and send to Home Office when requested, making my job much easier. Also putting the data at the fingertips of 20+ money managers is very valuable.
We have benefitted greatly from having the ability to take care of all of our finance needs in Planful. It is very valuable to have the ability to see workforce templates and opex templates with ease for our money managers. It would be even more beneficial if all of our overhead departments used the tool, as that would ease a LOT of work done by home office accounting.
I was not involved in the selection process, but have owned Planful as a FP&A tool since its infancy.
During our first couple of years with Planful, support wasn't very reliable, but over the years it has turned into an amazing experience. The resources offered for support are terrific, and when/if you do have to contact the support team, they've all been wonderful to work with.
Planful is very easy to learn and use on a daily basis. You have the ability to customize the system to meet your needs, and support does a great job assisting with this.
This has been a game changer for us! It gives us the ability to access realtime financial and workforce data at not just my Finance team's fingertips, but all of our money managers as well!
There are some things we would like to do to ensure more data accuracy, like link the SAP HR data to push into Planful similar to what we're doing with financial data, however we have run into issues simply because we've been doing workforce planning in Planful since 2018 and have customized it so much that the data no longer links directly with what is in SAP
A few years ago we were trying to figure out the workforce calculations based on the employee's base wages and all of the compensation items we have built in the system. We (my finance team) could never recreate the calculations to prove to our money managers that the system was calculating correctly. We reached out to support and they jumped on a call with us. They showed us a few tricks we didn't know about and sent us an excel sheet also to help us validate that Planful was calculating correctly. Once we had that call, the data was easy to align and show our money managers that they can be confident with Planful and the calculations taking place in the system.
52
Technology Group (IT Dept) and Business Services (a/p, a/r, etc.)
2
My team member and I are the super users for Planful. We often times deal with issues with data when it isn't pushing correctly from our ERP system (broken on our side, not Planful's) and user issues such as a user that has gone inactive. We also manage the hierarchies in Planful. When a new order comes through, we have to name it and put it into the appropriate place in our order hierarchy.
- Workforce planning
- budgeting
- rolling forecast
- reporting
- test scenarios for "what if" cases
- Hoping to add a vendor dimension to make our planning even more granular
- hoping eventually to get HR data linked from our ERP to workforce planning for ease of data management
We're going through the renewal process right now. Our organization's success with meeting our budget year over year is very much due to the use of Planful and the ability to see our financial data daily, at our fingertips.
Yes
Custom built excel tool
- Cloud Solutions
- Integration with Other Systems
- Ease of Use
I was not involved with the decision to purchase Planful, but I will tell you that in addition to the three I've selected above, another factor was cost.
The only thing I would change (even though I wasn't involved in selecting the tool) would be the 3rd party we used for our implementation. Otherwise, I love Planful and how it works.
- Third-party professional services
RSM
No
Change management was minimal
Ask lots of questions. Our partner was not very efficient and several changes had to take place to our environment after implementation as we learned more about Planful's capabilities.
If you can connect financial and workforce data during implementation, do it.
If you can connect financial and workforce data during implementation, do it.
- none, issues were discovered after the implementation partner was no longer involved.
I would have chosen a different implementation partner, and I believe the experience would have been 100% better.
- Online Training
- In-Person Training
My team has attended training offered several times before/during the Planful Perform conference. This training has been extremely useful and we always learn something we didn't know prior to the training. The trainers are always very knowledgeable and more than willing to help each and every user after the training with specific questions regarding their environment.
This training is much more robust now than it was when we first implemented our Planful environment. Many times we can do a little research in the "help" portal and do not even need to reach out to support. They are continuously improving the training and information available to users.
We have not experienced any challenges with Planful's configurability.
Nothing that I can think of at this time.
No - we have not done any custom code
Nothing that I can think of at this time.
I do not know.
No
- Dynamic Reporting
- Task Manager
- Building templates
- at first, column sets were difficult
From our experience, Planful is only used in 2 overhead departments in our organization. We easily added another overhead department, but they decided against using Planful for their workforce and financial planning. Removing them from our environment was extremely easy.
I have never experienced unplanned outages or glitches in the system that I can recall. The system is extremely reliable, and if there are going to be outages, they are always well communicated and planned out.
We now have 9 years of data in the system for financial actuals, along with 2 overhead departments using the system and we do not experience major issues with pages loading.
- SAP
We simply integrated Planful with SAP to pull in our financial actuals. This did not take long. Occasionally, the data contains characters that will not pull through to Planful and we have to reach out to our internal IT department to assist in fixing the transactional data, but everything flows through very well daily.
- none at this time
- Single Signon
I'm unsure how to answer this question, as I'm not positive what technologies we use. I know we have single signon, but would this also include Boomi to push data from SAP to Planful?
As far as I know, the integration process was very simple. I know that since we implemented, Planful has made many improvements to this, we just haven't had the need to utilize the options.
None, as I do not have enough knowledge to intelligently help other users.
All of the Planful employees are wonderful and very easy to work with.
Everyone at Planful has been extremely helpful when needed. They treat their customers like family. They are very inclusive and listen to what customers have to say.
I was not involved in contract negotiations with the vendor.
I've seen cost savings going with a 3 year agreement rather than annual. I would recommend this.
No
No
December 13, 2023
Planful is NOT painful
Verified User
Manager in Information Technology
Construction Company, 10,001+ employees
Score 10 out of 10
Vetted Review
Verified User
Planful is currently used by our Technology Group, an overhead department in the company. Additionally, Kiewit Business Services, another overhead department utilizes the tool. We have other departments that have observed how easy Planful is to use and how successful we have been with meeting our budget, and they have asked for information on how to utilize it as well. We use Planful for workforce planning, budgeting, forecasting, and reporting. Kiewit's use of this program is unique in the sense that we do not use Planful for income statements and balance sheets or for any manufacturing or international currency needs. As an overhead department, we do not utilize all of its features.
- Workforce planning is amazing. We can personalize each record, and updating is very simple.
- The ability to have a rolling forecast is very useful for us in an overhead department. It enables us to pull up information on what we are forecasting for company IT costs for the upcoming years.
- The flexibility of the program and the reporting has been extremely helpful for us.
- They customer service is 2nd to NONE!
- Their willingness to improve their tool based on feedback from business user groups, customer advisory boards and their planful engage program is absolutely amazing.
- Dashboards need improvements. It would be nice to have a VIEW ONLY ability to push a dashboard to select users at the top level of finances for the group.
- Dated Hierarchies are cumbersome and not as helpful as they could be. There is so much opportunity with dated hierarchies, especially during re-organizations and budgeting.
I am constantly talking about Planful and the benefits of using the system. I have been on numerous calls for Planful with possible clients, and I am always honest about how well the program works and how happy we are. Planful is flexible, and when changes are needed to our environment, Planful developers are always happy to help and walk us through all necessary scenarios.
80%
8.0
- Long-term financial planning
- 100%10.0
- Financial budgeting
- 100%10.0
- Forecasting
- 100%10.0
- Scenario modeling
- N/AN/A
- Management reporting
- 100%10.0
57.142857142857146%
5.7
- Financial data consolidation
- 100%10.0
- Journal entries and reports
- 100%10.0
- Multi-currency management
- N/AN/A
- Intercompany Eliminations
- N/AN/A
- Minority Ownership
- N/AN/A
- Local and consolidated reporting
- 100%10.0
- Detailed Audit Trails
- 100%10.0
75%
7.5
- Financial Statement Reporting
- N/AN/A
- Management Reporting
- 100%10.0
- Excel-based Reporting
- 100%10.0
- Automated board and financial reporting
- 100%10.0
N/A
N/A
- Personalized dashboards
- N/AN/A
- Color-coded scorecards
- N/AN/A
- KPIs
- N/AN/A
- Cost and profitability analysis
- N/AN/A
- Key Performance Indicator setting
- N/AN/A
33.333333333333336%
3.3
- Flat file integration
- N/AN/A
- Excel data integration
- N/AN/A
- Direct links to 3rd-party data sources
- 100%10.0
33.333333333333336%
3.3
- Pixel Perfect reports
- N/AN/A
- Customizable dashboards
- N/AN/A
- Report Formatting Templates
- 100%10.0
100%
10.0
- Drill-down analysis
- 100%10.0
- Formatting capabilities
- 100%10.0
- Report sharing and collaboration
- 100%10.0
50%
5.0
- Publish to Web
- N/AN/A
- Publish to PDF
- N/AN/A
- Report Versioning
- 100%10.0
- Report Delivery Scheduling
- 100%10.0
N/A
N/A
- Pre-built visualization formats (heatmaps, scatter plots etc.)
- N/AN/A
- Predictive Analytics
- N/AN/A
75%
7.5
- Multi-User Support (named login)
- N/AN/A
- Role-Based Security Model
- 100%10.0
- Multiple Access Permission Levels (Create, Read, Delete)
- 100%10.0
- Single Sign-On (SSO)
- 100%10.0
100%
10.0
- Responsive Design for Web Access
- 100%10.0
- Dashboard / Report / Visualization Interactivity on Mobile
- 100%10.0
- Planful has enabled us to come in closer to our budget number than ever before.
- The first year we used Planful (then Host Analytics), we were approximately 7.5% under budget. We were able to close out 2020 within .01% of our budget.
- Planful gives our money managers all of their budgeting, forecasting, and workforce planning needs right at their finger tips.
- Planful enables our managers to manage their financials closer and better than ever before.
I was able to set up our hierarchies to mirror what our home office accounting department requires/uses. This gave me the ability to easily export a dynamic report that I created and literally email it to accounting when they request forecast updates from our department. Also, having the ability to push financials and workforce planning out to our managers on a regular basis, pushing them to review variances, etc. without the need for excel side spreadsheets has made my job as IT Controller so much easier and has also given our users a peace of mind when using the tool.
Unfortunately, the tool doesn't make it up to our CFO office, as we are just an overhead department using it to track our operational expenses. But I will add that our department has been UNDER budget every year since using Planful, and being an overhead department, it is essential that we are under budget and not at risk of reducing revenue by creating additional overhead.
We have automated reports we use weekly, bi-weekly, and monthly. We do not use Planful it is the truest and fullest ability for financial planning holistically for income statements, balance sheets, etc. as we are an Overhead department. We also use Planful for all Workforce planning in structured planning. This has helped us tremendously and allows us to budget and forecast using actual payroll numbers.
Dynamic reports are so easy to create. When we first began using Planful it was challenging, but now that we've used the program for a few years, Planful continually improves the capabilities and it has enabled us to continue to do better and better. Dynamic reports are very easy. I think dashboards could improve some. I think it would be helpful to have the ability to set up an enterprise dashboard that all users can view, allowing them to see how we are trending budget vs actuals and how we are progressing through the year on an enterprise level, rather than just the security level they have access to see. Read-only with no drill-through capabilities would be desired.
Planful is so easy to manipulate. Even when we have new money managers request access, it takes very little training to run through their responsibilities in the program and how to utilize all of the tools they need. I've stated it before, the improvements over the years have been impeccable, continually getting better and easier to use.
We have only used custom-built Excel interfaces for our financials and workforce planning in the past. As stated earlier in my review, Planful has grouped all of this into a fantastic program that is easy to use, easily manipulated to match our needs and we have been very happy with all of our experience with Planful.
Foxit PDF Editor (FoxitPhantom), Microsoft Teams, Mersive Solstice
When we first began using Planful, support was less than desirable, but over the years they have continually improved and it is 2nd to none now. When you submit a ticket, you get a very quick response and they are willing to jump on a call and assist with any issues. They also have multiple methods of contacting support (i.e. Support ticket, chat, etc.)
Planful is extremely flexible to meet the needs of all types of customers. When we first implemented Planful, we used it in a very limited fashion, but Planful has the ability to enhance the ways you use it as time goes on, it doesn't have to stay the same year over year. Additionally, they have started using a monthly release of new features, and do an excellent job of communicating these to their users.
This feature was the final deciding factor for us to purchase Planful. It is a priceless feature to have financials at all of our money manager's fingertips daily (and even hourly). It has helped us streamline so many processes. With the built-in access security, we are able to use real salary numbers for budgeting and forecasting, whereas in the past we didn't have security features in our custom-built tool, so we were constantly experiencing variances due to the use of blended rates.
Our data accuracy has definitely been impacted by the use of Planful. In the past, it was very difficult to reconcile our processes in our custom-built tool to the "one source of the truth" data that comes out of SAP. Moving onto the Planful platform, I have been asked multiple times if I believed in the data in Planful. Multiple times I was able to pull up EXACT numbers from our SAP systems to prove the data, and the more and more I've performed that task over the years, our Money Manager's confidence in Planful's data has grown!
This one is easy! We recently wanted to map an account to a line in our Opex Template so that when Capex items were built in the Capex template, it would fill those amounts into the depreciation line of the Opex Template, to gain awareness for our Money Managers that there were Capex items in their forecast. I reached out to Planful, thinking it could possibly take weeks to create and test in the sandbox environment, only to have it done within 30 minutes. They were so absolutely helpful, and what I loved most about that particular challenge was they didn't just do it for me, they were willing to SHOW ME how to do it so I might make enhancements to our environment on my own in the future.
66
Business Functions (department that supports our jobsites/districts)
Technology Finance professionals
I am also looking to bring other overhead departments onto the Planful platform, it has just been a little challenging 1) finding the time during budgeting season and year-end and 2) their financials are handled slightly different than our overhead department, so it has taken some time to ensure the system can accommodate the needs.
Technology Finance professionals
I am also looking to bring other overhead departments onto the Planful platform, it has just been a little challenging 1) finding the time during budgeting season and year-end and 2) their financials are handled slightly different than our overhead department, so it has taken some time to ensure the system can accommodate the needs.
2
There's not a lot to add as comments to this. I am one of 2 subject matter experts at our company that supports Planful.
- Easy, daily visibility to actuals, forecasts and workforce
- Management Reporting out of Planful is a breeze
- Constant enhancements to the system to continuously improve features
- We have created reporting attributes to help track additional information needed when planning our workforce such as interns, college-grad positions, etc.
- This year we reached out for assistance with creation of an accrual template. This enables our managers to enter their own year-end accruals into a template, rather than my team manually tracking.
- I think eventually we will be able to use Predict, we are not quite that sophisticated yet
- I also believe we will be able to set up multi-currency. We currently use a field in SAP that converts other currencies to USD
- By the end of Q1 2023, I want to be using Planful to track workforce actuals. This will be a huge value add to our organization
I have been in Finance at my company since 2008, and this program is, by far, the easiest, most flexible program I have used. It has enabled us to meet or exceed (in a good way) our budget every year, and makes workforce planning a breeze.
Yes
Planful replaced a custom-built excel tool that we used for years. It did not replace another financial software.
- Price
- Product Features
I don't think I would have changed the evaluation process. Although I was not part of the group that did the evaluation, I have been the subject matter expert and essentially "owned" the tool in my organization since the day they made the decision. This was an easy decision when we compared other tools and their cost as well as the flexibility Planful provides.
- Third-party professional services
We used RSM for our implementation.
No
Change management was minimal
- The company we used did not do enough discovery, therefore we were forced to make updates throughout the first 3 years to optimize it for us
I want people to know when working with a 3rd party to implement, make sure they are doing their research and taking the time to figure out what your needs are, as their customer. If you don't feel they are being adequate, stop them, ask questions and make sure they are setting up Planful to best meet your needs. It's much easier to do that upfront than to "fix" the system at a later date.
- Online Training
- In-Person Training
I have made a point to attend the Planful Perform conference and it, by far, offers so much more information than "other conferences". Planful does an amazing job including their customers (other users) in their conference to ensure their customers are getting the most out of the information provided. It is truly a wonderful LEARNING experience for their customers!
A few years ago I participated in a lot of their online learning. Their references have grown over the years and continue to get better and better. We use it throughout the year to update the information we hold internally for documentation and to educate ourselves on all of the new release notes and features within Planful.
We have had several situations where we wanted to configure Planful to improve our usage of the system over the years. Planful staff is always willing to work with our internal IT folks to make this happen. Currently, we are working on integrating our workforce data to push automatically into Planful to make some of our workforce planning processes easier and less manual and the group from Planful has been wonderful to work with.
I really don't have any specific recommendations for this area simply because we have internal IT folks that typically handle configurations of our systems. I do know that Planful has been very helpful throughout the years we have been using the system each and every time we look to improve upon our use of the software.
Some - we have done small customizations to the interface
I don't want to downplay this and make it sound like it's EASY to do, but when you work with Planful, they are always happy to help. They are attentive to your needs, and are very quick to let you know best practices when trying to achieve what you are trying to do. As stated throughout my review, they are easy to work with.
No - we have not done any custom code
I do not have any additional configuration or customizations that I wish to include in this survey
No, we currently have a contract with a 3rd party company that is owned by a previous Planful employee that we built a relationship with before Planful offered their premium support.
No
- Dynamic Reports are very easy to use
- Workforce Planning, when set up correctly, makes workforce planning in our department so much easier than spreadsheets, blended rates, etc.
- Dated hierarchies do not function as we need them to. We have brought this up to Planful and they are constantly working to improve the system and usability.
Yes, but I don't use it
I give this rating simply because I have first-hand knowledge of the scalability of Planful when working across departments in our company that use different financial systems. We have one team on InEight and another using SAP. When we implemented it, we only customized the system to accommodate one of these financial platforms, but when we considered expanding the use of Planful to other departments, we were able to make the necessary adjustments to accommodate our needs.
I only give a 9 rating rather than a 10 rating because it seems that every day around 2pm we see a slowdown in the use of Planful. I have requested our internal IT department verify that it is not an internal issue and have been assured it is the tool. We have not yet reached out to Planful to do extensive research to solve this issue.
Again, the system is very reliable and, for the most part, runs very quick and smooth. When running larger queries, it does take some time, and during budgeting season our users experienced slower loading times, but nothing that raises concerns outside of normal network issues. Occasionally, as with any software we use, it will crash and you have to restart, but that does not happen very often.
- SAP
We currently have SAP integrated with Planful using Boomi. Unfortunately, I do not have a great deal of knowledge about this integration, as our IT department worked with the Planful professionals to get this set up. My team does have the ability to view errors when they occur between SAP and Planful, and ensure that we are reporting the most up-to-date, accurate data we can within the tool.
- At this time, there are no additional systems
At this time, there are no additional systems we wish to integrate with Planful.
- Single Signon
Unfortunately I cannot fully answer this question as I do not know if we have used API, Javascript, etc., but I do know that we have implemented single sign-on within our company when using the Planful software.
unknown
Planful's employees are the best I've worked with when it comes to vendors in my position. They truly care about their customers and are quick to respond when their customers need anything. They are inclusive in the sense that they have created a customer advisory board, and take all of the CAB's feedback to ensure Planful is the best software of its kind.
Planful employees have been nothing but kind and helpful throughout our entire engagement. I truly feel like a valued customer and that they care about our feedback. They are constantly taking feedback and improving Planful for their users, large and small. I am happy to call a few of their employees friends now.
When we negotiated with Planful, we discussed cost as well as renewal of licenses. We also discussed what we needed to do when we required additional licenses, or we were not using all of the licenses we had purchased. Their business model is very flexible and again, their staff is just super easy to work with.
The only tip I can think of that will help customers more effectively deal with Planful is don't be afraid to speak up. My team has created a "wish list" of features that would enhance our experience and usability with Planful, and we meet regularly with our Customer Success Manager to discuss this list. One of our wish list items just became a new feature with a recent release, and we couldn't be happier!
No
- We haven't upgraded recently
- Unknown
No
No