Country for PR: United States
Contributor: PR Newswire New York
Thursday, September 16 2021 - 02:45
AsiaNet
Planful Unveils Performance, UX, and AI Enhancements to Its Continuous Planning Platform
REDWOOD CITY, Calif., Sept. 16, 2021 /PRNewswire-AsiaNet/ --

  -- More than doubles speed of data aggregation and calculations of 
     large scale-planning and analysis models

Planful Inc. ( https://planful.com/ ), the pioneer of end-to-end financial 
close, consolidation, and financial planning & analysis (FP&A) cloud software, 
today announced major platform enhancements aimed at maximizing the 
performance, scale, quality, and agility of Continuous Planning at 
organizations of all types and sizes. These enhancements, introduced at Planful 
Perform 2021 ( 
https://c212.net/c/link/?t=0&l=en&o=3291217-1&h=3684679685&u=https%3A%2F%2Fplanful.com%2Fperform%2F&a=Planful+Perform+2021 
), include upgrades to the platform's Operational Planning solution that will 
help businesses turn large, complex volumes of data into higher-quality 
insights and faster decision-making.  

Logo - https://mma.prnewswire.com/media/1077463/Planful_Logo.jpg 

"Planful is committed to empowering its customers at every step of their growth 
journey, evidenced by our recent customer experience transformation ( 
https://c212.net/c/link/?t=0&l=en&o=3291217-1&h=3215835219&u=https%3A%2F%2Fplanful.com%2Fpressrelease%2Fplanful-announces-transformative-customer-experience-initiatives-bringing-its-customer-first-value-to-life%2F&a=customer+experience+transformation 
), as they scale to have more complex models, greater amounts of data, and an 
increased need for business agility," said Sanjay Vyas, Chief Technology 
Officer, Planful. "These enhancements noticeably improve platform performance, 
increasing decision-making velocity for finance and accounting teams for years 
to come."

Enhancements to Planful's Operational Planning

Upgrades to Planful's Operational Planning module can dramatically improve 
overall data aggregation and calculation performance across the thousands of 
custom models leveraged by Planful's customers. Extensive testing of the 
multidimensional engine upgrades indicate a minimum doubling of aggregation and 
calculations speed, and as high as 10x speed ups. "The larger the models, the 
more improvement users will see, turning massive amounts of data into critical 
insights, decisions, and actions even faster," noted Vyas. Planful's 
Operational Planning module is already seeing accelerated adoption, with custom 
model volumes growing 40% in the past six months.

The Operational Planning module extends Planful's use in a business beyond 
traditional financial planning, and includes use cases such as: demand 
planning; sales and operations planning; labor shift planning; sales capacity 
planning; compensation modeling; customer renewal and churn planning; and, 
same-store sales analysis.  

Additional Platform Improvements

Also included in Planful's Platform upgrades today are numerous UI/UX 
improvements to the navigation and usability designs. These upgrades streamline 
some of the essential and frequent workflows, while simultaneously making 
first-use experiences even simpler for planning novices and business 
stakeholders in all corners of the business.

This week the company also announced new innovations within the Planful Predict 
suite ( 
https://c212.net/c/link/?t=0&l=en&o=3291217-1&h=1305289416&u=https%3A%2F%2Fplanful.com%2Fpressrelease%2Fplanful-announces-newest-addition-to-predict-suite-of-native-ai-ml-applications-predict-projections%2F&a=%C2%A0within+the+ 
) of native artificial intelligence and machine learning (AI/ML) applications 
designed specifically for the Office of the CFO, with enhancements to Predict: 
Signals and the launch of Predict: Projections, an intelligent forecasting 
solution based on proprietary algorithms developed by Planful. 

"PS Logistics depends on the Planful platform for all of its essential planning 
and financial processes. It not only speeds up our close, but lets us pull in 
operational data and improve our reporting to be more proactive. Despite our 
growing needs, Planful has remained one step ahead with its exceptional speed 
and scalability," said Dwight Lloyd, Financial Controller at PS Logistics, one 
of the largest and fastest growing transportation solution providers in the 
United States. "With these latest enhancements, Planful is light-years ahead in 
terms of user interface, user platform, and financial reporting, while also 
ensuring the security, accuracy, consistency, and timeliness we require."

For a consultation or to learn more, contact sales@planful.com, or your Planful 
Customer Support Manager.

About Planful
Planful (formerly Host Analytics) is the pioneer of end-to-end financial close, 
consolidation, and financial planning & analysis (FP&A) cloud software. The 
Planful platform is used by the Office of the CFO around the globe to 
streamline business-wide planning, budgeting, consolidations, reporting, and 
visual analytics. More than 900 customers, including Boston Red Sox, Del Monte, 
TGI Friday's, and 23andMe, rely on Planful to accelerate cycle times, increase 
productivity, and improve accuracy across the end-to-end FP&A process. Planful 
is a private company backed by Vector Capital, a leading global private equity 
firm. Learn more at www.planful.com. 

Contact 
press@planful.com 

Additional Resources 
Hear from Planful customers ( 
https://c212.net/c/link/?t=0&l=en&o=3291217-1&h=2872435630&u=https%3A%2F%2Fwww.planful.com%2Fcustomers%2F&a=customers 
)
Explore FP&A use cases ( 
https://c212.net/c/link/?t=0&l=en&o=3291217-1&h=535846313&u=https%3A%2F%2Fplanful.com%2Fnow%2F&a=use+cases 
)
Discover Continuous Planning ( 
https://c212.net/c/link/?t=0&l=en&o=3291217-1&h=1155362327&u=https%3A%2F%2Fplanful.com%2Flive-demo%2F%255D&a=Continuous+Planning 
)
Join the conversation on social media: LinkedIn ( 
https://c212.net/c/link/?t=0&l=en&o=3291217-1&h=657935482&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fplanful-inc&a=LinkedIn 
), Twitter ( 
https://c212.net/c/link/?t=0&l=en&o=3291217-1&h=1136832092&u=https%3A%2F%2Ftwitter.com%2Fplanful&a=Twitter 
), or Facebook ( 
https://c212.net/c/link/?t=0&l=en&o=3291217-1&h=3344099209&u=https%3A%2F%2Fwww.facebook.com%2FPlanfulInc&a=%C2%A0Facebook 
).

Source - Planful