OnPlan vs Planful

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OnPlan

Category: Project Management Tool

Industries: Marketing, Business, Fianncial

Pricing

Starting From:

$12500.00 /year

Planful

Category: Project Management Tool

Industries: Marketing, Business, Fianncial

Pricing

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Most popular feedback for OnPlan

As we continue to evolve and grow as a company it has become increasingly important to be able to forecast sales, profit and cash flow. We were using Planning Maestro, and although a very robust product, it was extremely difficult to adapt it to our exact needs. The OnPlan team was able to quickly understand our needs and turn this into a "custom" model that we now use on a daily basis to forecast sales, revenue, cash flow and make strategic decisions based on this information. The model is robust, yet flexible and allows us to make changes ourselves, if we deem it necessary. Using OnPlan to generate management reports and KPI's could not be easier. The built in reporting functionality is great, but they have also made it easy to export to Excel where further manipulation and reporting can be completed. After using the product for a while, we see a TON of potential in it. The team has continued to listen to our feedback and has implemented changes to the base product at our request.

Dean S.

About OnPlan

OnPlan's fast and flexible FP&A platform makes financial reporting easy, connecting source systems with existing Google Sheets or Excel spreadsheets to generate visual, meaningful reports instantly. The financial reporting package integrates with other bundles and apps to create income statements, balance sheets, and cash flow statements with ease. With powerful integrations and collaboration features, working across the org is a snap. Give your financial reports superpowers with OnPlan.

Most popular feedback for Planful

My overall experience with Planful has been overwhelmingly positive. Their team is frequently engaged to ensure that we're utilizing the solution to our maximum benefit. Planful's help desk team knowledgeable and very quick and responsive addressing issues as quickly as possible.

Jessica K.

About Planful

Planful is the pioneer of end-to-end financial close, consolidation, and financial planning & analysis (FP&A) cloud software. More than 1,000 customers, including Boston Red Sox, Del Monte, TGI Friday's, and 23andMe, rely on Planful to accelerate cycle times, increase productivity, and improve accuracy across the end-to-end FP&A process. Planful is a private company backed by Vector Capital, a leading global private equity firm.

OnPlan reviews

We wanted to peroform monthly BVA variance analysis and be able to track ALL updates in our financial model in one place and Onplan was a perfect solution to our objective function.

- Amro Q. CFO

We implemented OnPlan to build a budget and rolling forecast for a division within a larger company. I was impressed wtih the granularity of user permissions and acess, the change logs and the what-if scenario forecasting.

- Tetyana G. Sr. Consultant

Purchased a tool that never worked.

- Susan L. Controller

Planful reviews

I love the people that I work with mostly, and the system is pretty amazing. I can easily geek out about it. Dynamic Reports are excellent, user friendly and add great value! The ease of setting up permissions and security is wonderful, and Planful does it's best to continue to make changes to their system to

- Angel W. IT Controller

Implemented this software solution at my office. It was less expensive than some of the other providers, and we expected the product to perform as such. There are some drawbacks to the product, but I think these are in-line with the price.

- Bradley G. Manager

Host Analytics Dynamic Planning has been the most flexible, dynamic and user-friendly analytical tool I have ever used in my 30+ year's career. Their customer support is second to none, and has always been there to solve any issues we encounter. The platform is ever-changing, based on challenges faced by and recommendations made by their customers. Each time operations requests a new or different way to analyze our market conditions, financial results, or forecasted projections, our department can produce their requests quickly and in real-time.

- Janet G. Vice President, Planning and Analysis

Pros & cons

OnPlan

Pros
Easy to use
The platform allowed us to quickly provide our investors with accurate monthly reporting and beautiful dashboards that helped us build a solid financial infrastructure in one place
Allows a user to take an existing Excel financial model and ingest it without changing the logic
Cons
Slow in calculating, updating changes because of multiple sheets in Google sheets file
About 1-2 minute delays each time you make a change
It took 6 months to replicate my existing excel files, that did not flow properly
Makes scenario planning impossible.They charged $18k for a budgeting tool that I couldn't use even after 6 months.

Planful

Pros
OVerall is a great tool for the ease of standardizing and managing our reports
Great experience for me
We have a dedicated business systems resource on our team who helps a lot
Can include links to images of transaction source documents, providing great transparency in reporting
Spotlight for Excel add in to develop custom, refreshable reports is a great help
I honestly think it's great, particular for users whose current ERP systems are lacking in the core FP&A functionalities Planful provides."
Cons
A data pull is not immediate and can cause some frustration if data is not pulled 100% accurately the first time
The interface is pretty dated
I also mainly use chrome as my browser and there seems to be a lag time when scrolling in a template which is a bit of a pain
We have also transformed to a rolling forecast using modeling, so that the annual budgets required by lenders comes from the forecasts, and is no longer a time-consuming annual task
The new row sets are difficult to get to the exact detail and adjusting cold width can't be done in a cluster in chrome."

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