Compare GIDE Financial Modelling Suite и Planful

Benefits:

Reusable formats in Reports makes Reporting easier and customer support responds usually in hours and makes our job more easy.

Drawbacks:

I think they should have more tutorials on their Training website.

Summary:

Automation , easy to use

Benefits:

There are no limits to the types and volume of data that you interface within Host Analytics, as long as you maintain a common field. Implementati... Read more

There are no limits to the types and volume of data that you interface within Host Analytics, as long as you maintain a common field. Implementation went well (with a consulting partner), and it enabled our budget manager to trim his reporting time from 3 days to 3 hours. The modeling module uses an Excel add-in, so the feel and use of Excel is still available, but the results are stored centralized, so when any end user retrieves data, there is one version of the truth. Customer service is second to none. In my 30+ years in planning and analysis, I have never found a team so dedicated to ensuring their customer's success. Feature updates are either monthly or quarterly, and are focused on what the customers have expressed are their needs or wishes.

Drawbacks:

It required that we use a partner consultant to implement. This may be due mostly to the fact that as a small company, we do not have the internal... Read more

It required that we use a partner consultant to implement. This may be due mostly to the fact that as a small company, we do not have the internal IT resources; the initial implementation without a partner stalled due to resource and communication issues.

Summary:

Monthly operational reporting time reduced from 3 days to 3 hours. We built alternative hierarchies for our chart of accounts and entities, so tha... Read more

Monthly operational reporting time reduced from 3 days to 3 hours. We built alternative hierarchies for our chart of accounts and entities, so that operations can see their relevant data in the format they prefer, whereas accounting can see it based on GAAP. Modeling transformed our budget process from Excel spreadsheets to a cloud-based solution accessible to all end users, so budget creation migrated from FP&A to the process owners. Budget consolidation process was reduced from 2 days to 2 minutes. We have also transformed to a rolling forecast using modeling, so that the annual budgets required by lenders comes from the forecasts, and is no longer a time-consuming annual task. We have also since identified other uses for modeling, including complex calculations for our formula pricing that is based on external data imported into tables. We are also importing non-financial data to enhance our asset management deferred maintenance program.

Benefits:

Very deep database and highly flexible integration with our disparate data feed.

Drawbacks:

Slow. A data pull is not immediate and can cause some frustration if data is not pulled 100% accurately the first time. Collaboration can also be d... Read more

Slow. A data pull is not immediate and can cause some frustration if data is not pulled 100% accurately the first time. Collaboration can also be difficult, as the individual models are fragile and must be updated online.

Summary:

Implemented this software solution at my office. It was less expensive than some of the other providers, and we expected the product to perform as ... Read more

Implemented this software solution at my office. It was less expensive than some of the other providers, and we expected the product to perform as such. There are some drawbacks to the product, but I think these are in-line with the price.

Benefits:

How easy it is to create basic reporting and customize and scheduled distribution. Interface that is scheduled nightly to automatically populate Ho... Read more

How easy it is to create basic reporting and customize and scheduled distribution. Interface that is scheduled nightly to automatically populate Host with data from our G/L. Consolidation of our plan is more efficient and timely so changes aren't such a nightmare to make.

Drawbacks:

Quarterly releases are great, but they don't give you enough time to test them before they are automatically put into production.

Summary:

We generate our reporting package quicker and with less errors. Our planning process runs more smoothly and efficiently again with less errors. W... Read more

We generate our reporting package quicker and with less errors. Our planning process runs more smoothly and efficiently again with less errors. We are able to consolidate our plans quicker.