“It was just mountains and mountains of Excel, Everybody has a different version so, when the numbers are different, you have no idea why. You're dealing with consistency issues, 100 Excel models, constant updates, having to wait your turn to get into the main model, [and] difficulty in terms of reporting and completing a presentation. Life before Planful was horrible.”
"Using Host Analytics is a great tool because you can push the process down into the business, let them have an ownership role, and you have buy-in across the organization."
"Each entity follows consistent financial close processes, financial data and metrics are easily rolled up for a comprehensive view, and reports and KPIs leverage automation so FP&A can spend more time positioning the overall business for growth."
“[Since then,] we’ve grown massively through acquisitions in Italy and Belgium. We’ve now got three main businesses across regions, but we don’t have something at the centre, at the group level, that brings all that information together.”
“I’ve worked with them in the past, and they understand how to solve these types of consolidation problems, but also reconciliations, planning, and more. We needed to move quickly, and with their experience combined with Planful Academy for learning and how intuitive Planful is, I knew the team here would be on board quickly.”
“Before Planful, my very first budgeting cycle was a struggle, We had a huge Excel spreadsheet that took about 5 minutes to open because it was so large.”
“Our financial analysts are very positive about Planful because they see what it can do for them.”
“As CFO, I can plan for multiple scenarios. Now, I can see what could happen if we lose an account or have a material cost increase and how it could impact the business. What used to take me days or weeks, I can do in a matter of hours, thanks to Planful.”
“Our Divisional Directors now receive financial updates throughout close with Planful so those teams can get ahead of any issues or questions long before financials are finalized.”
“[Planful] gives us peace of mind knowing we can make quick adjustments and understand exactly where our money is being spent and the outcomes of that spend.”
”Planful has provided us with an avenue of communication. Now we can have a back-and-forth conversation with different departments and really break down those silos.”
“You couldn’t understand the numbers or how they got there. It created many questions, so we’d look at the source data and didn’t tie. Too much effort was spent just trying to determine how and why we got the results that we did.”
“Our big vision is that we want to use technology and automation to scale finance and accounting to better support the business."
“Our single Excel file would crash a lot, there was no easy way to do reporting, and the cash flow forecast was always wrong, but we didn’t know why. So, I started looking for a modern platform for forecasting, reporting, and planning.”
“Planful has increased efficiency in forecasting a large complex budget every month. Now budget managers can easily forecast based on real-time data.”