Company chose Planful as a flexible, user-friendly solution to be used across teams
SAN FRANCISCO, Calif., July 18, 2023 – Planful Inc., the pioneer of financial performance management cloud software, today announced that Igloo Products Corp. (Igloo), the number one cooler manufacturer worldwide, has selected Planful as its financial performance management platform for financial planning and budgeting, consolidations, and workforce planning. Planful will replace another solution from one of Planful’s competitors.
Igloo selected Planful for multiple reasons including:
“Because our previous solution was difficult to use and expensive to customize, we only used it for consolidations and that limited us to a fraction of the expected value,” said Mike Avery, Vice President of Finance at Igloo Products Corp. “We also want planning capabilities in addition to consolidation, and Planful delivers that and more. I’m looking forward to getting our functional data into one source of truth and using cross-departmental KPI dashboards as we start to work with the business on planning. We’re bringing four times the number of users into Planful than we had on our previous system, and since Planful uses a familiar, Excel-based syntax, I anticipate fast adoption within FP&A and accounting and for users on other teams.”
Igloo is the latest in a fast-growing list of over 1,300 organizations who are moving to Planful for financial performance management. With fast deployment and easy adoption, Planful brings the entire business together to drive peak financial performance.
“Igloo is an iconic, innovative brand and we’re thrilled that they selected Planful,” said Kimberly Simms, Planful Chief Customer Officer. “Expanding Igloo’s use of Planful across their internal teams will help improve collaboration, agility, and transparency in their planning processes. Moving away from emailing spreadsheets and manually uploading data and instead, having teams work together in Planful, will increase their efficiency, accuracy, and save them valuable time. We look forward to partnering together with Igloo in the months and years ahead.”
Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics. Planful empowers finance, accounting, and business users to plan confidently, close faster, and report accurately. More than 1,300 customers, including 23andMe, Bose, Boston Red Sox, Five Guys, and Zappos, rely on Planful to accelerate cycle times, increase productivity, and improve accuracy. Planful is a private company backed by Vector Capital, a leading global private equity firm. Learn more at www.planful.com.
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