New technologies, ideas and strategies shared on Perform24 support finance, accounting, marketing and HR leaders go beyond To drive the best financial performance
San Francisco, May 15, 2024 /PRNewswire/ — Planful Co., Ltd.a pioneer in financial performance management cloud software, today announced run 24 The theme is “Go Beyond,” a series of product advancements tied to three key pillars: automation, collaboration, and innovation. The company announced the future of Planful AI, new Planful for Workforce and Planful for Marketing capabilities, connectors with Snowflake and Microsoft Power BI, and more. The company also solution hub, an all-new, searchable collection of pre-built solutions, open for everyone to explore and customers to configure. With these advancements, Planful brings even more value to large, rapidly growing organizations and helps business leaders achieve peak financial performance.
“Successful financial performance management requires a highly collaborative effort, and organizations that treat it as a team sport thrive and outperform their competitors.” Steve Welsh, Planful Chief Product Officer. “Planful’s purpose-built product offering and vision make team efforts easier, faster, and more aligned by unlocking the data teams need to make decisions with confidence. This is an intentional result of working with our customers to make this possible.”
Innovation: The future of Planful AI
The company announced an expanded vision for Planful AI and a significant investment to deliver the first generative AI experience to customers later this year. Finance and business leaders will now have access to an integrated suite of Planful AI solutions, including:
- Automation of operations Predict tasks and processes, recommend next steps, and gather insights into how processes are performing and whether reminders are needed to complete data entry for predictions.
- Analysis and decision support Use it for time-consuming scenario analysis that addresses both simple and complex scenarios and predicts the task of uncovering variance and the meaning behind the numbers. He also suggests next steps for business leaders to advance their analysis when evaluating important business decisions.
These new generative AI capabilities complement the company’s existing industry-leading capabilities. planned forecasting Our suite of AI/ML solutions is the foundation for prediction, error detection, and automation of manual processes for companies around the world.
Collaborate: New features for planning as a team sport
At Perform24, the company introduced new solution advancements, including Planful for Workforce and Planful for Marketing capabilities, that improve business outcomes by increasing collaboration between teams and enabling access to data.
The new Planful for Workforce capabilities announced at Perform will enable finance and HR leaders to collaborate directly within the platform to generate actionable insights. These features include advanced analytics, loading performance data at the most granular level, multi-currency capabilities for employee and compensation item planning, and more. Nearly 90% of Planful customers use his Planful for Workforce, allowing users to leverage existing data to quickly perform complex scenario analysis when managing their most valuable asset: their people. It will look like this.
Planful for Marketing’s latest advancements include new integration with Coupa. Further enhancements to reporting functionality including custom fields and attributes. And new prediction features.
Automation: smooth access to data
Planful has introduced several new connectors to further support customers’ overall data strategies. A new connector with data cloud company Snowflake provides controlled access to unlimited financial performance and other business data. This integration addresses the growing needs of enterprises to use modern data infrastructure to share data, build AI/ML applications, and drive business growth. It also reduces friction, speeds data access, and enables highly complex financial modeling and calculations. A new connector with Microsoft Power BI, an interactive data visualization software product, supports consumption of Planful data to extend other data sources natively in Power BI.
Protective Industrial Products, a global leader in personal protective equipment with a comprehensive offering of over 20,000 products, leverages the Planful platform as it expands its market reach and diversifies its products through a number of strategic acquisitions. We plan to be agile and efficient. “Planful’s automation capabilities have greatly streamlined our acquisition process,” he said. mark smithDirector of Corporate FP&A, Protective Industrial Products; Talk at Planful Perform24. “Planful has become an indispensable tool for our team, and we integrate Planful into each newly acquired business entity. Its automation capabilities not only simplify the acquisition process, but also make it highly dynamic. It also helps enhance integration and workforce planning in the M&A environment.”
New early adopter program
Customers can now join Planful’s early adopter program to access a variety of unreleased product advances and find opportunities to co-innovate and trial Planful AI. With this new program, Planful continues to prioritize product development that closely aligns with customers’ actual needs and top management feedback.
clock performance 24 live it’s today on demand Later this week, we’ll hear from Planful customers and industry thought leaders about driving peak financial performance.
About Planful
Planful is a pioneer in financial performance management cloud software. The Planful platform is used around the world to help businesses achieve the best financial performance and streamline planning, budgeting, integration, reporting, and analysis across the enterprise. Planful helps finance, accounting, and business users plan with confidence, complete faster, and report accurately. More than 1,400 customers, including 23andMe, Bose, Boston Red Sox, Five Guys, and Zappos, rely on Planful to reduce cycle times, increase productivity, and improve accuracy. Planful is a privately held company backed by Vector Capital, one of the world’s leading private equity firms.Learn more about planful.com.
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