The typical financial close and consolidation relies on an abundance of data, manual processes, disconnected and complex spreadsheets, and email-driven collaboration. It’s a slow, friction-filled, error-prone way to gather, organize, and report on your business data.
Planful expedites the financial consolidation process and allows your team to allocate their time to understanding company performance. Automate the data load and validation process, eliminate and adjust data, and instantaneously report using data you can trust. Drive every close with speed, data integrity, and collaboration in mind.
“Planful will take our financial close and reporting process to the next level. We got up and running on Planful in 4 weeks. The path for our team to start using and getting value from the platform was really smooth and fast.”
Understand the real-time drivers of performance to optimize current period results and inform future plans. Accurate rolling forecasts provide the insight to redirect resources and priorities to align with business objectives.
Know where you are in the close process at all times. Track progress with secure audit trails to ensure trusted access and transparency across the close process.
Map multiple entities to a single chart of accounts for consistent global reporting across the business. Utilize alternate hierarchies to create tailored reports on business performance.