Planful (Host Analytics) Review - why 4.2 stars?

Host Analytics is a cloud-based CPM (Corporate Performance Management) suite. It is also called an EPM solution, with E meaning Enterprise. This product includes tools such as planning, close management, reporting and analytics. By using this software, companies can have one platform that integrates essential business processes so that multiple accounts charts, different administration applications and old systems are no longer needed. It is powerful enough to be handled by finance team.

Host Analytics is a US-based company founded in year 2000. Through the years it was able to establish a global presence, being among the firsts to introduce SaaS CPM.

The rating of Planful (Host Analytics) is 4.2 stars out of 5 and the total score is 84 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Host Analytics is ideal for companies of any size and industry because it is modular. It is easy to customize because of its multi-user SaaS architecture, enabling customers to tailor the application in their own way, without costly IT customizations. Users can avail of only what they need and switch on other capabilities as they grow. Currently, Host Analytics has customers from consumer package, F&B, healthcare, hospitality, retail, technology and many other industries. Burlington, Aria, and Baptist Health are among its clients.

Planful (Host Analytics) is ranked 8 out of 50 software in their category (Budgeting & CPM systems).

Through the solutions offered by Host Analytics, your business can have the time to uncover the insights you need to succeed. The suite offers complete tools powerful enough to be managed entirely by the finance team. Using its state of the art security and automatic upgrades, the product lets your financial infrastructure be as alert and scalable as your business, making innovation easier. Host Analytics’ planning solution allows your company to have more buy-in from managers, gain accuracy from plans, and take advantage from the self-service from tools that produce mission-critical insights. The close management functionality allows you to close books fast and your accounting department can lower down costs of audit and compliance since there are better controls. Professional-level reports and ad-hoc analyses are generated; and deliver insights that align the organization, inform setting and measure performance real-time.

Host Analytics CPM Suite’s main competitors include Tagetik and Adaptive Suite.

Tagetik addresses performance management requirements for enterprises, and is offered as both an on premise and cloud based solution. It includes a suite of tools which include planning for cash flow, business management, budgeting as well as forecasting. There is also support for production planning & costing, with business analytic tools for detailed reporting and dashboards to monitor performance and measure compliance with established KPIs. The product also supports disclosure management to ensure internal & external reporting compliance, as well as financial governance to meet accounting standards.

Host Analytics CPM on the other hand is available only as a cloud based solution but offers a modular architecture allowing companies to use the functionality they need. This includes financial planning & consolidation, capital assets and revenue planning, as well as workforce management. There are also separate modules for base reporting as well as analytics for in depth review with dashboard support.

Then there is Adaptive Suite which provides a collaboration platform to integrate planning & consolidation with information discovery & reporting. The product supports mobile device access and includes integration options to most major third party applications. There is also a revenue management module to align sales & service operations with financial corporate objectives, while including forecasting to plan for target achievement.

In comparison Host Analytics CPM utilizes in built best practices to recommend strategies for effective performance management. There is also an auditing module to review & validate all performance information in relation to established metrics and KPIs.

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