Country for PR: United States
Contributor: PR Newswire New York
Wednesday, October 13 2021 - 21:00
AsiaNet
Planful Empowers Amarenco Group to Streamline Complex Consolidation and Reporting Processes
REDWOOD CITY, Calif., Oct. 13, 2021 /PRNewswire-AsiaNet/ --

  -- Leading Independent Solar Power Producer in the UK and Europe Eliminates 
     Use of Spreadsheets and Improves Planning and Reporting Capabilities 
     with Planful Platform

Planful Inc. ( https://planful.com/ ), the pioneer of end-to-end financial 
close, consolidation, and financial planning & analysis (FP&A) cloud software, 
today announced that Amarenco Group, a leading solar IPP active in Europe, the 
Middle East, and Asia Pacific that develops, finances, builds, and operates 
commercial and utility-scale solar PV projects, deployed the Planful platform 
to automate the financial close processes and to upgrade the company's planning 
and reporting capabilities. RSM UK, a valued Planful partner and the leading 
provider of audit, tax, and consulting services to middle market leaders, 
worked alongside Planful on the customer implementation.
 
Logo - https://mma.prnewswire.com/media/1077463/Planful_Logo.jpg 

Amarenco Group, headquartered in Ireland with offices around the globe, was 
previously using spreadsheets to consolidate more than 300 separate entities 
that use a variety of currencies. Siobhán Rice, Group Financial Controller at 
Amarenco, was looking to modernize how her team manages the company's complex 
consolidation needs and bring efficiencies to their statutory reporting.
  
"Our goal was to replace spreadsheets with a modern cloud platform that 
automates our complex monthly elimination and consolidation processes," said 
Rice. "The Planful platform delivered those capabilities, while integrating 
with our existing technology stack, resulting in a 60% reduction in our monthly 
close cycle time. We've found the Planful consolidation and reporting solutions 
to be intuitive and with the level of support and engagement from RSM UK and 
Planful, we expect to further reduce our close process time and are excited to 
expand to additional Planful use cases."

At Planful Perform 2021 ( 
https://c212.net/c/link/?t=0&l=en&o=3321320-1&h=674294172&u=https%3A%2F%2Fplanful.com%2Fperform%2F&a=Planful+Perform+2021 
), the company announced a range of customer experience enhancements, from 
focused customer engagement programs to pre-packaged Planful Now quick-start 
offerings. These transformative customer experience initiatives ( 
https://c212.net/c/link/?t=0&l=en&o=3321320-1&h=1769393231&u=https%3A%2F%2Fplanful.com%2Fpressrelease%2Fplanful-announces-transformative-customer-experience-initiatives-bringing-its-customer-first-value-to-life%2F&a=transformative+customer+experience+initiatives 
) produced impressive customer satisfaction results, including an average 
Support CSAT (Customer Satisfaction) score of 92%, as well as a 96% customer 
referenceability rate for Planful implementations.

"Bringing rapid time-to-value, via the best user experience, to our customers 
worldwide is of the utmost importance to the Planful team," said Kimberly 
Simms, Chief Customer Officer, Planful. "Our cloud platform is allowing 
Amarenco Group to streamline their finance and accounting processes, so they 
can spend more time analyzing information to help the business make better 
financial decisions."

About Planful
Planful (formerly Host Analytics) is the pioneer of financial planning & 
analysis (FP&A) and consolidations 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. 

Additional Resources
Hear from Planful customers ( 
https://c212.net/c/link/?t=0&l=en&o=3321320-1&h=1486539319&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=3321320-1&h=3965678640&u=https%3A%2F%2Fplanful.com%2Fnow%2F&a=use+cases 
)
Discover Continuous Planning ( 
https://c212.net/c/link/?t=0&l=en&o=3321320-1&h=3077719950&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=3321320-1&h=3566757347&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fplanful-inc&a=LinkedIn 
), Twitter ( 
https://c212.net/c/link/?t=0&l=en&o=3321320-1&h=2959968197&u=https%3A%2F%2Ftwitter.com%2Fplanful&a=Twitter 
), or Facebook ( 
https://c212.net/c/link/?t=0&l=en&o=3321320-1&h=4222392961&u=https%3A%2F%2Fwww.facebook.com%2FPlanfulInc&a=Facebook 
).

Contact
press@planful.com 

Source - Planful