Planful

I use Planful in a daily capacity to provide financial analysis to our field team in order for them to operate more efficiently. It allows me to aggregate both financial data along with key performance metrics so that I can answer questions for operators to drive efficiency and answer questions about the health of the business. It also lets me create dedicated reports so that I can quickly report on our financials to our key stakeholders both on a monthly basis and when they have questions about the business. Recently I have been using the planning templates in an effort to create in depth models to attempt to forecast and budget future expense based on historicals and key data inputs.

• I am able to report faster on financials and KPIs
• I am able to create reports that show the impact KPIs have on the financials due to the data aggregation abilities
• The attributes and drill down capabilities allow me to answer questions related to financial performance in a detailed and efficient manner

Dayforce, Microsoft Power BI

We are a Veterinary hospital consolidator. We have many use cases for Planful due to the ways we break down our business. Planful allows us to analyze data from a Top of the House perspective while still providing functionality to drill-down to the lowest level. Due to this, it is a great tool for us to analyze data and identify issues at a particular hospital. We also enjoy the reporting functionalities that are offered. We have many reports that we generate on a monthly basis that are distributed to regions and hospitals. We can associate directors with a particular region and then automate monthly reports to distribute their respective region's report.

• Automates many reports that would take hundreds of hours each month if we had to do outside of Planful.
• The drill-down capabilities allow us to identify issues and quickly correct them.
• Templates help us to budget for many locations at once. This saves countless hours.

Banana Accounting

Sage Intacct

We use Planful to plan our budgets and rolling forecast and to lead our monthly variance reporting. By integrating our GL data and managing planning scenarios we greatly reduced manual work in spreadsheets. We use workforce planning for headcount planning and reporting and bring in actual employees level payroll data to aid in variance analysis. We have created statical cash flow account they allows us to plan and report on detailed cash flow planning.

• Planful had freed up 1 FTE that was just manually managing data.

SAP BPC (Business Planning and Consolidation) and SAP Business Warehouse

Sage Intacct Planning

HomeServices uses Planful primarily as a consolidation and reporting tool. We have several different ledgers across our organization and Planful makes consolidation a breeze as the translation tables are easy to setup. In addition, we are also are able to use assign attributes within the hierarchy to view results in a non-traditional format, which involves allocating results between business segments. We also use Planful as a forecasting tool, the Structured Planning module has made this process very simple as the templates are very easy to setup and complete. The templates can be a little time-consuming to navigate as they are web-based, that's my only complaint. We also use the Structured Planning module to assist with our 10-year plan, which the templates are very easy to complete. Before Planful, we were using Oracle Hyperion, which was at the end of life, the Oracle replacement was not cost-effective for us so we chose Planful from a handful of vendors that were brought in, OneStream, Blackline and Oracle Financial Close and Consolidation.

• Before Planful, we were using excel for our forecasting and 10 year plans, so implementing the Structured Planning module was a key benefit for us. It didn't take us long to realize that this was a huge benefit and far more accurate than our excel models.
• The ease of reporting in Planful was such an upgrade from our previous tool, where you needed to be an expert to learn how to build reports. Planful is intuitive in the report building process and very easy to understand, customizing reports is a breeze.

Oracle Hyperion Enterprise Performance Management

Sage Fixed Assets, Visual Lease, AuditBoard, DocuSign, SAP Concur, PeopleDoc / UKG HR Service Delivery (discontinued)

Planful is used for total company budgeting, quarterly forecasting, and internal reporting processes. It has solved a host of problems including but not limited to: version control of budget files, reporting errors form manual data manipulation, and wasted time on report building. Both finance team members AND department leaders are in the platform, and we are able to work collaboratively on budgets and forecasts. Now with all financial data and detailed notes centralized in one place, we are able to have much more efficient conversations on monthly results. With time saved on creating executive level reports, we are able to develop the story instead of sharing numbers on the screen. Planful has upped our finance game!

• We have cut our close time by a full day and now have more time to fully analyze month end results.
• Our business partners now have a deeper visibility into their results. They no longer have to wait on an email with an excel attached - they know where to go every close.
• It has improved our ability to be better business partners. Less time spent on building reports leads to more time actually analyzing and leading our business partners to successful decisions.

Microsoft Power BI, Microsoft Dynamics AX, discontinued