Planful Software

Planful Software

45 Reviews

Experience seamless financial planning with Planful Software, a standout solution recognized for its intuitive interface and advanced features. Tailoring to diverse needs, Planful excels in optimizing financial workflows. It is a top choice for businesses seeking efficiency and precision in their financial planning strategies.

Planful Software Specifications

Time Tracking

Task Management

Reporting

Budget Management

View All Specifications

What is Planful Software?

Overview

Planful project management software provides its customers with core financial operations to facilitate data insights and solutions to build the organization. With this centralized data, users can plan swiftly and generate reports efficiently. The software is the pioneer of cloud-based end-to-end financial closing, consolidation, and financial planning, and analysis (FP&A), which benefits a lot of accounting firms. Globally, the Planful platform is utilized by the office of the Chief Financial Officer, mostly to expedite business-wide planning, budgeting, reporting, and visual analytics. The software enables the HR, marketing, sales, and senior leadership to plan ahead and optimize deadlines, whether in spreadsheets or with Excel syntax. 

It empowers business leaders across companies to drive their plans forward by putting finance-first collaboration at the center of every decision they make. Planful software helps its users build a value-focused strategy that maps their team’s tactical goals for macro business outcomes as well. It is trusted by over 1,000 companies, including the likes of Boston Red Sox, Del Monte, TGI Fridays, and 23andMe, to speed cycle times. It mainly increases productivity and improves accuracy across the entire FP&A process. Vector Capital, a leading worldwide private equity firm, has also invested in Planful software.

Planful Software Demo

The planful demo can be accessed by clicking the Watch Demo. Our software specialists will provide you with a comprehensive guide to Planful's features, assisting you in determining whether its additional capabilities are a good fit for your company. A free software trial of the software is also available for your convenience.

Planful Software Cost

The Planful pricing is not stated on their official website. You can, however, contact our customer service specialists by clicking the Get Pricing to get a customized version of Planful price plans. As a result, you'll gain clarity regarding which plan fits within your budget constraints.

Planful Software Review

Despite the fact that there are a few Planful reviews on the internet, the vast majority of reviewers strongly support and suggest the product. It has a 4.2 rating on Software Advice and a 4.3 rating on Capterra. Several other websites' standard ranking algorithms have placed Planful in the top tier of their rating system as well. 

Our Thoughts

Many businesses are now adopting Planful software for project management operations, and it is proving to be a highly dependable and trustworthy option for budgeting duties. Additionally, it is appropriate for businesses of multiple sizes. The software includes a comprehensive set of tools and solutions and it automates the majority of the accounting processes.  

Moreover, it provides customers with a great deal of flexibility, allowing them to focus their resources on the task at hand rather than piling themselves under operations that could be performed by software. Planful is an excellent piece of software for in-house finance management, and its use will only increase the company's profitability and efficacy while managing numerous projects at once. 

Planful Software Features

This feature delivers self-service reporting in real time. It provides effective financial and management reports that rely on users while investigating any shifts in trends quickly. Planful's financial reporting is also automated, robust, and secure. It enables your team to collaborate and investigate using drill-through and ad-hoc analysis. The software also eliminates manual errors and provides data security to the users.

The marketing planning features of Planful software is built with detailed budget plans to reach its user’s strategic marketing goals. The software creates, executes, and monitors agile marketing strategies that incorporate its user's goals and campaigns. Performance indicators also provide improved visibility for effective decision making. Moreover, the tracking ROI on each marketing effort allows its users to demonstrate and increase the commercial value of their marketing.

Planful cash flow forecasting optimizes its customer’s cash flow, along with its short-term management and long-term investment. Cash flow is the most important part of safeguarding and expanding any business. So, pulling mechanical levers for cash management should not be a time-consuming operation, which this feature addresses efficiently.

Pros and Cons of Planful Software

Pros

  • The software is scalable and can accommodate the needs of various businesses
  • Real-time reporting and analytics capabilities
  • Offers a range of tools and features for financial planning
  • Seamlessly integrates with various other business software systems

Cons

  • Not too budget-friendly for small businesses
  • Certain features or functionalities cannot be customized

Planful Software Reviews

Overall Rating

4.3

45 Reviews

Rating Distribution

5

star

16

4

star

27

3

star

1

2

star

1

1

star

0

Jul 01, 2023

Planful Review

Dominic

Medical Devices

Ease of use

10

Value for money

8

Customer Support

10

Functionality

8

Pros

I appreciate the capability to integrate other systems using third-party software. The browser-based reporting feature is visually appealing.

Cons

When it comes to saving HC to finance and HR cubes, there are many additional steps involved. My experience with Adaptive Insights was much more efficient in terms of saving data to the database. However, I encountered an issue with the model for our vendor spend in Spotlight, as it led to incorrectly saving data to other scenarios.

Dec 01, 2022

helpful tool for data management

Anonymous

N/A

Ease of use

10

Value for money

8

Customer Support

8

Functionality

8

Pros

What I like about Planful is that it provides real-time data transmission. The application is easy to navigate and offers reliable and precise information with excellent functionalities.

Cons

Planful works very well for me, and I haven't encountered any complications with this application yet.

Nov 01, 2022

Best Budgeting tool

Amanda

Non-Profit Organization Management

Ease of use

10

Value for money

10

Customer Support

10

Functionality

9

Pros

The software is user-friendly. It allows me to lock down budgets to prevent changes and seamlessly incorporate real-time data from our ERP system for financial reporting. It has significantly reduced the time spent on annual budgeting, saving over 100 hours. The Excel-based interface makes it accessible and understandable for non-financial users. Additionally, it offers segmentation options for controlling access and includes workforce planning capabilities.

Cons

So far, I haven't encountered any issues with the software. However, I have only been using it for a short time.

Oct 01, 2022

I was never able to go live with it�

Anonymous

N/A

Ease of use

5

Value for money

2

Customer Support

2

Functionality

8

Pros

The product appears to be robust and capable, but the process of going live has been challenging.

Cons

Unfortunately, I was never able to go live with the software, and I didn't derive any value from it. To make matters worse, they made me pay for two years without delivering the expected results.

Mar 01, 2022

In-depth P&Ls

Kelsi

Veterinary

Ease of use

10

Value for money

7

Customer Support

7

Functionality

10

Pros

Planful receives a feed from our accounting software every 5 minutes, ensuring we have the most up-to-date accounting information for accurate budget-to-actuals comparisons.

Cons

Learning to build reports can be time-consuming as the software is quite complex and not suitable for non-tech savvy individuals.

Feb 01, 2022

Robust financial reporting software.

Chris

Insurance

Ease of use

7

Value for money

8

Customer Support

10

Functionality

8

Pros

My favorite feature is the Workforce Planning module. Data loading and updates are fast, and there are numerous options for modeling and allocating compensation items. Training budget preparers is straightforward, and they can easily navigate the system. Reporting options are extensive, both within Planful and externally, and the platform experiences minimal downtime.

Cons

The training documentation could be expanded and enriched in certain areas to provide a more user-friendly administrative experience.

Dec 01, 2021

Planful Overview Review

Anonymous

N/A

Ease of use

10

Value for money

10

Customer Support

10

Functionality

9

Pros

The software is extremely intuitive, and its syntax is similar to Excel.

Cons

In my opinion, the training provided is basic and outdated. Considering the efforts put into developing the product, they should invest more time in conducting live sessions to show users how to better utilize the product's great features.

Nov 01, 2021

Planful great value for the money

Jean

Sporting Goods

Ease of use

8

Value for money

8

Customer Support

8

Functionality

8

Pros

The ease of reporting, creation, distribution, and the ability to schedule distributions to non-users are highly valuable.

Cons

The consolidation module could use some improvements, particularly in tracking reconciliations.

Oct 01, 2021

Training review

Lana

Management Consulting

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

Planful is exceptionally user-friendly, and it provides ample help resources. The search engine within the application is efficient, making navigation effortless.

Cons

I'm not fond of the fact that completing certification requires attending in-person classes. These classes are inconvenient for UK users and often don't provide much additional information beyond what is available in the written guides.

Oct 01, 2021

Planful

Anonymous

N/A

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

The user interface is very intuitive, and the support is excellent. I enjoy the accessibility to create and analyze various reports effortlessly.

Cons

It would be beneficial to have more Excel-like features in the web software.

Frequently Asked Questions

Planful integrates with various apps including QuickBooks, Salesforce, Oracle, Workday, Google Drive, Microsoft Excel, Sage, and NetSuite.

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