Planful Recognized as a Challenger in 2025 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions

San Francisco, Calif., April 1, 2025 — Planful Inc., the pioneer of financial performance management cloud software, has been named a Challenger in the 2025 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions, following a year of record-breaking growth. The company was also named a Visionary in the 2024 Gartner® Magic Quadrant™ for Financial Planning Software. In our opinion, these recognitions are because of Planful’s sophisticated capabilities across planning, close, consolidations and reporting, enabling organizations to move faster, reduce errors, and focus on strategic decision-making​.

“One of Planful’s key strengths is the power of our consolidation engine, while being exceptionally easy-to-use and maintain. The ability for customers to run their full planning, consolidation, close, reporting, and forecasting processes in a single, purpose-built product means they can endlessly scale and unify all CFO functions within one single source of truth platform,” said Grant Halloran, CEO of Planful.

Planful’s award-winning close and consolidation capabilities enable teams to streamline close cycles, enhance accuracy in financial reporting, and maintain compliance with complex accounting standards. With quick deployment and fast time-to-value, accounting teams can spend less time on manual tasks and more time uncovering insights and informing strategy. Additional details on upcoming consolidations innovations will be unveiled at Perform25, Planful’s annual user conference.

PS Logistics is one of the largest and fastest-growing flatbed transportation and logistics providers in the United States, with a fleet of over 4,500 trucks and nearly 3,000 employees. With Planful, the company accelerated its monthly close from four weeks down to five days, and reduced year-end audits from eight weeks to under a week. “We could either hire a lot more bodies to manage the close faster, or we could invest in good software that would not only speed up our close, but let us pull in operational data and improve our reporting to be more proactive,” said Dwight Lloyd, Financial Controller at PS Logistics.

Learn more about Planful’s financial close and consolidation capabilities by attending Perform25 in Miami or London.

Gartner Disclaimer:
Gartner, Magic Quadrant for Financial Close and Consolidation Solutions, Jeffrin Francis, Nisha Bhandare, Renata Viana, Permjeet Gale, 25 March 2025.

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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 1,500 customers, including Bose, Boston Red Sox, Five Guys, Grafton Plc, Gousto, 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 planful.com.

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