Company Results Driven by Exceptional North America Demand, Expansion in Key International Markets and Partner Channels, Product Innovation, Customer Retention, and Increased Recognition from Analysts and Awards Groups
REDWOOD CITY, Calif., February 8, 2023 — Planful Inc., the pioneer of financial performance management cloud software, today announced strong recurring revenue growth in fiscal 2022, while increasing profitability for the second consecutive year.
The company sustained its growth trajectory in FY22 with several record-breaking milestones, resulting from a multi-year transformation strategy and consistent, global demand for its Financial Performance Management (FPM) technology from new customers, such as the American Diabetes Association; Chosen Foods; Otter Products, LLC; Sisense; Wise; Healthcare Australia; and Volta.
2022 highlights include:
TogetherWork, who partnered with Planful to support its forecasting efforts and eliminate manual work, is a leader in software and payments for groups and organizations of all kinds with more than 700 employees. “Planful has transformed our forecasts from an excel-based process where we had to collect feedback from multiple parties and stitch several files together, to a seamless process where changes are real-time and have a higher degree of accuracy,” said Talyon Perry, Senior FP&A Analyst at TogetherWork. “We’ve found that Planful is very adaptable and customizable for the unique use-cases that our business requires.”
Grant Halloran, Planful Chief Executive Officer, said: “I’m proud of our team’s successes and rapid growth in 2022. This is a direct result of the winning culture we’ve established, built on a core value of striving to do what is right for our customers. As businesses continue to face uncertainty and volatility, our solutions are very well positioned to navigate change faster than ever, driving peak financial performance regardless of conditions.”
Requests for a demo can be made here: www.planful.com.
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.