Last updated on
Company health
Ratings
Planful description
Planful is a cloud-based financial software platform designed for mid-sized to large businesses. It helps your finance team streamline financial planning, budgeting, and reporting processes. Planful aims to speed up tasks like closing the books, provide clearer financial insights, and improve data accuracy for better decision-making across the company. Features like scenario analysis and rolling forecasts help you adapt to changing business conditions.
Who is Planful best for
Planful is a cloud-based financial planning and analysis (FP&A) platform that streamlines financial processes for mid-size to large enterprises. Users praise its Excel-like interface and robust reporting capabilities. However, some find the initial setup complex and performance slow with large datasets. Planful shines in its flexible reporting and strong consolidation features, making it a valuable tool for businesses seeking to improve financial decision-making.
-
Best fit for large enterprises (1000+ employees).
-
Ideal for Finance, Retail, E-commerce, Healthcare, and other industries.
Planful features
| Supported Planful supports reporting on budget, expenses, and project profitability. |
| Supported Planful automates and controls multiple financial close processes through one platform. |
| Supported Planful supports consolidated financial views for managing complex scenarios. |
| Supported Planful supports detailed financial modeling and forecasting, including scenario analysis and AI-driven predictions. |
| Supported Planful supports strategic planning through integrated financial and operational data management, strategic HR planning, financial planning and analysis, and scenario planning capabilities. |
| Supported Planful offers advanced analytics and machine learning with its Predict suite for anomaly detection and forecasting. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Scalability
Planful reviews
We've summarised 477 Planful reviews (Planful Software Advice reviews, Planful Capterra reviews and Planful G2 reviews) and summarised the main points below.
- User-friendly interface, particularly for those familiar with Excel.
- Flexible and customizable reporting, with options for both web-based and Excel integration (Spotlight).
- Robust consolidation features, handling multiple entities and currencies efficiently.
- Strong customer support and active community forum.
- Slow performance, especially with large reports and complex calculations.
- Workforce planning module requires extensive manual input and maintenance.
- Drop-down menus in reports need improvement; updating and filtering can be cumbersome.
- Initial setup can be complex and time-consuming, requiring significant effort.
Planful pricing
The commentary is based on 11 reviews from Planful Capterra reviews and Planful G2 reviews.
Planful's pricing is a common concern. While some users find it cost-effective for basic functionality, others mention extra costs for features like dashboards and integrations. Some express frustration with added fees for essential functionalities and limited support options within their existing contracts.
Users sentiment
Planful alternatives
PlanolyBetter for small to mid-sized businesses focused on social media marketing, especially Instagram. Provides visual planning and scheduling tools. A Planful competitor and alternative for social media management. Has less momentum.Read more
KarbonBetter fit for accounting firms needing client and task management. Has grown its employee base more rapidly. Higher ratings on Glassdoor, but from fewer reviews. Users highlight streamlined task management and automation as pros, but find attachment handling and limited CRM capabilities problematic. A Planful competitor and alternative.Read more
QuickBooks Online AdvancedBetter for businesses focused on basic accounting and financial reporting. A Planful alternative, QuickBooks Online Advanced offers a more positive pricing sentiment and easier implementation. However, users have noted performance issues and difficulties with industry-specific integrations. It has greater scalability.Read more
QuickBooks OnlineBetter for small to medium businesses needing basic accounting. Less comprehensive planning and forecasting features. More affordable pricing, but users report issues with bank connections and customer support. A Planful competitor and QuickBooks Online alternative for simpler financial management.Read more
ScreendragonBetter for marketing and agency teams needing project, budget, and content management. Has more website traffic momentum.Read more
Planful FAQ
What is Planful and what does Planful do?
Planful is a cloud-based financial planning and analysis (FP&A) software platform for medium to large businesses. It streamlines financial processes, including budgeting, forecasting, reporting, and consolidations. Planful helps improve accuracy, accelerate financial close processes, and offers insightful data for better decision-making.
How does Planful integrate with other tools?
Planful integrates with various tools, including popular ERPs, CRMs, HCM systems, and data visualization tools. It offers pre-built connectors for seamless data transfer and supports custom integrations through its open API. This allows for a holistic view of business performance by combining financial and operational data.
What the main competitors of Planful?
Planful competitors include JustPerform, offering similar financial planning and analysis tools, and AchieveIt, focusing on strategic planning and execution. Other alternatives, like ClickUp and Bordio, provide broader work management solutions.
Is Planful legit?
Planful is a legitimate cloud-based financial planning software. User reviews highlight its user-friendly interface and robust reporting features. However, be aware of potential slow performance with large datasets and a complex initial setup. Consider these factors when assessing if Planful is safe and suitable for your needs.
How much does Planful cost?
Planful doesn't publicly disclose its pricing. Contact their sales team for a customized quote based on your company's size and needs. Consider factors like the number of users and desired features to assess if Planful is worth the investment for you.
Is Planful customer service good?
Planful's customer service receives positive feedback. Users appreciate the quick response times and helpful support staff, highlighting their knowledgeable and customer-centric approach. However, some users mention that initial implementation support can be inconsistent depending on the third-party provider.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.