Country for PR: United States
Contributor: PR Newswire New York
Friday, October 29 2021 - 01:00
AsiaNet
Planful Continues 2021 Momentum With Strong Q3 Results
REDWOOD CITY, Calif., Oct. 29, 2021 /PRNewswire-AsiaNet/ --

- Both channel sales and customer growth up significantly in Q3, with Planful 
signing another 12 global partners

Planful Inc. ( 
https://c212.net/c/link/?t=0&l=en&o=3338871-1&h=3499569889&u=https%3A%2F%2Fplanful.com%2F&a=Planful+Inc. 
), the pioneer of end-to-end financial close, consolidation, and financial 
planning & analysis (FP&A) cloud software, announced today that the 
record-breaking growth ( 
https://c212.net/c/link/?t=0&l=en&o=3338871-1&h=3281814873&u=https%3A%2F%2Fplanful.com%2Fpressrelease%2Fplanful-announces-record-growth-in-first-half-of-2021%2F&a=record-breaking+growth 
) it reported in the first half of the year is continuing with strong increases 
in subscription bookings, new customer acquisition, and global partnership 
expansion in the third quarter. 

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

Planful's net new customer acquisition increased 100% year-to-date over 2020, 
with new brands added to its roster spanning a range of industries, including 
Bardavon Health Innovations, Mews, Parts Authority, Quantum Metric, and Zeon 
Chemicals L.P.

Measurable progress also continues on customer-first ( 
https://c212.net/c/link/?t=0&l=en&o=3338871-1&h=84207861&u=https%3A%2F%2Fplanful.com%2Fpressrelease%2Fplanful-announces-transformative-customer-experience-initiatives-bringing-its-customer-first-value-to-life%2F&a=customer-first 
) initiatives to create the best customer support and user experience in the 
industry. "Planful is a well-developed product with unmatched customer 
service," said Janet Golla, Vice President, Planning and Analysis, Capitol 
Petroleum Group, a leading wholesale distributor of petroleum services in 
metropolitan Washington, D.C. and New York City. "I have never been more 
impressed by the genuine customer service provided by all of Planful's 
departments. I am also impressed with the online training resources and 
customer support, as well as the support of the Planful user community."

Q3 highlights include:

    -- Strong year-over-year growth, with a 65% increase in subscription
       bookings  
    -- Expanded global partner ecosystem, with the addition of 12 new global
       partners this quarter and channel sales up six fold year-over-year
       in Q3, building on the momentum from the company's recently announced
       strategic partnership with Trintech ( 
https://c212.net/c/link/?t=0&l=en&o=3338871-1&h=2407356286&u=https%3A%2F%2Fplanful.com%2Fpressrelease%2Fplanful-and-trintech-announce-strategic-global-partnership%2F&a=Trintech 
)
    -- Continued investment in global growth, by doubling international
       go-to-market hires year-to-date and year-over-year 
    -- Announced expansion of its Planful Predict portfolio ( 
https://c212.net/c/link/?t=0&l=en&o=3338871-1&h=359361187&u=https%3A%2F%2Fplanful.com%2Fpressrelease%2Fplanful-announces-newest-addition-to-predict-suite-of-native-ai-ml-applications-predict-projections%2F&a=Planful+Predict+portfolio 
),
       a suite of native AI/ML products designed specifically for
       complex financial data 
    -- Recognized with the WellBeyond Program of the Year Award for Emerging
       Companies from Sequoia, for commitment to employee health via
       Planful's innovative wellness programs 
    -- Held a highly successful Planful Perform 2021 ( 
https://c212.net/c/link/?t=0&l=en&o=3338871-1&h=2172246599&u=https%3A%2F%2Fplanful.com%2Fperform%2F&a=Planful+Perform+2021 
)
       virtual user conference in September--doubling attendance from the
       2020 virtual event--that featured 20 hours of content, 35 speakers,
       and 2,000 attendees 
    -- Deployed performance, UX, and AI platform enhancements, more than
       doubling the speed of data aggregation and calculations of large
       scale-planning and analysis models 
    -- Named an Experience Leader in the 2021 Dresner Advisory Services'
       Wisdom of Crowds(R) Study based on customer feedback, receiving a
       perfect recommended score from users

Planful Chief Executive Officer Grant Halloran commented, "Our Q3 results 
demonstrate that the strong momentum we gained in the first half of the year is 
continuing. I'm very proud of the Planful team's skillful execution, as we 
relentlessly focus on delivering great customer experiences and rapidly 
expanding our direct and channel distribution."

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=3338871-1&h=4057201132&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=3338871-1&h=1159088107&u=https%3A%2F%2Fplanful.com%2Fnow%2F&a=use+cases 
)
Discover Continuous Planning ( 
https://c212.net/c/link/?t=0&l=en&o=3338871-1&h=3661876527&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=3338871-1&h=2110871096&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fplanful-inc&a=LinkedIn 
), Twitter ( 
https://c212.net/c/link/?t=0&l=en&o=3338871-1&h=421835806&u=https%3A%2F%2Ftwitter.com%2Fplanful&a=Twitter 
), or Facebook ( 
https://c212.net/c/link/?t=0&l=en&o=3338871-1&h=1390782810&u=https%3A%2F%2Fwww.facebook.com%2FPlanfulInc&a=Facebook 
).

SOURCE  Planful