Brand : Vector Capital
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Planful's Financial Consolidation Software streamlines the financial close process, enabling businesses to consolidate reports in hours instead of days. By automating data loading, validation, eliminations, and recurring journal entries, the solution reduces reliance on error-prone spreadsheets and manual processes. It provides a single source of truth by integrating multiple charts of accounts, ensuring data integrity and fostering trust. Additionally, Planful's software offers flexible reporting tools for ad hoc analysis, delivering insights that enhance collaboration between finance teams and other business functions.
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Automated Process
Simplifies data loading, validation, eliminations, and recurring journal entries to reduce manual effort.
Accelerated Close Cycles
Consolidates reports in hours instead of days for faster month-end closing.
Flexible Reporting and Insights
Enables ad hoc analysis and customized reports for detailed business performance insights.
Single Source of Truth
Integrates multiple charts of accounts into a unified platform for consistent and trustworthy data.
Real-time Tracking and Transparency
Provides secure audit trails and visibility into close cycles to ensure compliance.
Risk Mitigation
Reduces errors and ensures data accuracy through automation and validation checks.
Scalability
Adapts to complex corporate structures and integrates new entities seamlessly.
Windows 
Desktop 
Web-Based, Perpetual
Have recommended this product
Overall Score
Pros
One of the standout features of Planful is its user-friendliness, with a syntax that closely resembles Excel. This similarity streamlines the learning curve for users and makes transitioning to the software much smoother.Tishya Bakshi - April 09, 2024
Cons
However, one area that could use improvement is the training provided. While it serves as a decent introduction, it feels somewhat basic and outdated. Considering the significant time and effort invested in developing the product, it would be beneficial for the company to allocate more resources to conduct live training sessions. This would not only enhance users' understanding of the software but also provide an opportunity to showcase some of the impressive features that have been developed.Tishya Bakshi - April 09, 2024
| Brand Name | Vector Capital |
| Information | We spun out of Ziff Brothers Investments, a family investment firm, in 1997. Today, we manage over $4 billion from a variety of investors including university endowments, foundations, financial institutions, and wealthy families. Our investor base includes a number of technology industry luminaries and represents a source of stable, long-term capital for us and a source of substantial strategic and commercial benefits to our portfolio companies. We have built a successful track record of taking public companies private, buying founder-owned companies, investing growth equity, recapitalizing broken balance sheets and spinning out non-core businesses from corporations. We have also made numerous investments in public companies. Some of our notable investments include Aspect Software, Cambium Networks, Corel, LANDesk, RAE Systems, Register.com, Saba Software, SafeNet, Technicolor, Teletrac, and WatchGuard. |
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