There is no end to what all human beings can try and achieve, but at the same time, there is also an awful little that we do better than growing on a consistent basis. We say this because the stated reality has already brought the world some huge milestones, with technology emerging as quite a major member of the group. The reason why we hold technology in such a high regard is, by and large, predicated upon its skill-set, which guided us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look beyond the surface for one hot second, it will become abundantly clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component, in fact, did a lot to give the creation a spectrum-wide presence, and as a result, initiated a full-blown tech revolution. Of course, the next thing this revolution did was to scale up the human experience through some outright unique avenues, but even after achieving a feat so notable, technology will somehow continue to bring forth the right goods. The same has turned more and more evident in recent times, and assuming one new fintech-themed development ends up with the desired impact, it will only put that trend on a higher pedestal moving forward.
Planful Inc., the pioneer of financial performance management cloud software, has officially announced that it has been recognized by leading analyst firms, Gartner® and Forrester®, for its excellence in financial performance management. According to certain reports, Planful earned a feature across two Gartner Magic Quadrant™ reports and a Forrester Wave™ report. Talk about the same on a granular level, it was named as the only Visionary Vendor in the Gartner Magic Quadrant™ for Financial Planning Software segment. Here, the focus was on Planful’s Budget Manager Experience, which provides non-finance business users with easy access to financial information, customized to their department. Complimenting the same is Planful’s comprehensive customer experience that guides you during the entire implementation and other ancillary processes. Apart from these features, the stated report made Planful’s case by digging into company’s plan for bringing AI and ML features, along with the ability to let customers add customized algorithms. The next piece of recognition for Planful came from a segment called Gartner Magic Quadrant™ for Financial Close and Consolidations Solutions, which recognized the company as a Challenger with specific strengths in innovation, AI, and data integration, all while offering one of the fastest deployment timelines. These strengths were notably presented in conjunction with company’s comprehensive implementation methodology, scalability, flexibility, and broad international currency support. Finally, we get into the Forrester Wave™: Digital Operations Planning and Analytics report where Planful booked a place for itself through its industry-leading domain and market expansion, as well as its broad planning capabilities. The report also acknowledged the pace at which it is able to match market trends. To round things up, the ForresterWave report further noted how Planful delivers at your disposal a complete set of purpose-built planning applications that can jump-start key planning journeys for customers.
“For many years Planful has repeatedly been recognized by the analyst community as one of the very best financial performance management vendors in the world, and these latest reports mirror our ongoing commitment to our customers and product innovation,” said Grant Halloran, Chief Executive Officer at Planful.
The recognition markedly comes shortly after Planful’s announcement that revealed a record revenue and profit growth in the first half of 2023.
When asked regarding Planful and the help it it provides to its users, Robby LeBourveau, Director of Finance at ProMach, responded by saying:
“We make acquisitions fairly regularly, and being able to seamlessly bring a new company into our structure without a whole bunch of Excel rework or pain has been critical to success. When you’re using Planful, it’s inherently more reliable, more accurate, and it will take you less time.”
Founded in 2001, Planful’s rise stems largely from an ability to streamline business-wide planning, budgeting, consolidations, reporting, and analytics. If the recognition in question here leaves a shadow of doubt, then the company’s excellence in what it does can also be validated through its clientele, which currently holds more than 1,300 customers, including big names like 23andMe, Bose, Boston Red Sox, Five Guys, and Zappos.
“As our customers run increasingly complex use cases with massive data volumes, our exceptional team continues to drive our platform forward. We’re on a mission to help these companies achieve peak performance, regardless of their operating conditions, by making financial performance a company-wide, collaborative, low-friction experience. Planful is extremely well-positioned as we look toward 2024 and we are excited for the next wave of innovations we are bringing to market,” said Halloran.
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