"With Host Analytics we have a finance department that does analysis, not just data entry."
“Planful enables us to do complex, project-level variance analysis faster and easier than before. These and the other insights we’re getting out of Planful make us very agile, so we can respond to what’s happening in the business very quickly.”
“We knew the past failures with our prior system and what Planful’s structured capabilities were, and Planful was ticking all the boxes. Using Planful hierarchies, we created a new dimension for resource (lending) departments, and then we married the three dimensions of geography, borrowing/financial reporting department, and resource/lending department to create a hybrid.”
“The biggest impact has been less stress. Planful just makes things easier because now we have insight, understanding, and time. With the extra time, FP&A and Accounting can work together to find more efficiencies instead of tracking down information.”
“Commentary in Planful is almost like a variance analysis for us. We communicate through Planful, which creates a lot more efficiency. Now there’s no need to have monthly meetings with every team and take them out of the business.”
“They learned so much more about their budgets, although some of it was bad news initially. But once they started working in Planful and building their budgets, that visibility — good or bad — drove the right behaviors.”
“The time savings is so meaningful. It used to take us 20 working days for global consolidation. Planful enables us to reach the draft global consolidation by working day seven and a hard close by working day 12. That’s across 140 entities. Planful is just amazing for speed and accuracy.”
“Planful is a really slick tool that gives us a lot of intuitive reporting capabilities. The currency conversion is quite good. It’s very easy to get your hands around Planful, and our users see that we’ve come a long way.”