Planful Expands the Workforce Planning Solutions for HR Leaders

Planful Inc., the pioneer of Continuous Planning with its cloud stage for budgetary planning and investigation (FP&A), today declared the organization is improving its Workforce Planning arrangement. These redesigned stage abilities proceed with the expansion of Continuous Planning past the account division and into each side of the business, bringing a more profound business preferred position to HR pioneers.

Workforce planning has never been more basic. With Planful's exhaustive workforce planning capacities, including the most recent upgrades, HR pioneers can improve their coordinated effort with account to all the more viably design and execute techniques with a Continuous Planning approach by:

Creating headcount plans that align with business needs
Standardizing employee compensation calculations using data from finance, HR, and operations in a central platform
Analyzing the financial impact of workforce decisions
Forecasting workforce what-if scenarios based on cost drivers

As a component of Planful's proceeded with pledge to furnishing clients with this basic capacity, late item delivers, including Winter20 and Summer20, gave a stage wide UI redesign, just as an as good as ever program see, making it simple for clients to oversee representatives over various offices at the same time. The up and coming Fall20 discharge, booked for November, will disclose extra new highlights, further improving workforce the board for clients in a rich, visual interface.

"Companies are focused on workforce planning more than ever, but many HR leaders are realizing that they're operating with a critical gap in their technology stack," said Grant Halloran, CEO of Planful. "Our robust workforce planning solution fills that gap, providing leaders the ability to engage in more efficient planning and decision-making, with a deepened collaboration between Finance and HR teams."

In excess of 600 Planful clients are utilizing Planful's Workforce Planning arrangement, including PS Logistics LT Apparel Group, Pipedrive, and Nevada Donor Network. Clients are profiting by up to a 75% decrease in the length of planning cycles. In moving to a cloud-based stage with Workforce Planning abilities—as opposed to working in a horde of detached, siloed point arrangements—associations can benefit from more exact plans and estimates. Organizations trying to accomplish quick an ideal opportunity to-esteem in tending to basic workforce planning needs can be going on the Planful cloud stage in under 30 days.

"The need for continuous, collaborative planning for leaders in all corners of the business has never been more important than it is now," said Doug Henschen, VP and Principal Analyst at Constellation Research. "Cloud-based planning platforms make it easier than ever for both finance and HR teams to use data to make better, faster decisions."

About Planful

Planful (formerly Host Analytics) is the pioneer of Continuous Planning with its cloud platform for financial planning and analysis (FP&A). Planful delivers on the vision of Continuous Planning by accelerating the end-to-end FP&A process and fostering business-wide participation in agile planning and decision-making. More than 800 customers, including Boston Red Sox, Del Monte, TGI Friday's, and 23andMe rely on Planful for financial planning and budgeting, dynamic operational planning, financial consolidations, reporting, and visual analytics. Planful is a private company backed by Vector Capital, a leading global private equity firm specializing in transformational investments in established technology businesses.