Planful vs Jedox

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Our analysts compared Planful vs Jedox based on data from our 400+ point analysis of EPM Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Formerly Host Analytics, Planful is a financial planning and analysis cloud platform. It accelerates end-to-end FP&A. Suitable for midsize to large-scale businesses, it helps by centralizing data and managing financial and operational processes.

It helps users plan and manage reviews, approvals and submissions and generates workflow status reports to check the performance of every department. It helps analyze asset performance by using financial budgeting and forecasting techniques with its capital planning feature. It is a scalable solution that allows companies to check the effect of projects on the overall bottom line.
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Jedox is a solution that helps organizations optimize business processes such as budgeting and forecasting through efficient planning, analysis and reporting. Easy to set up and maintain, it has the flexibility to seamlessly integrate with other sources and be tailored to specific needs and industry requirements. Through intuitive user interfaces as well as mobile accessibility, employees of all technical skill levels can work with data on a self-service basis. It provides flexible deployment options, including SaaS, public or private cloud, on-premises and hybrid.

There are four pricing plans which fulfill the varying requirements of different organizations: Essential, Business, Professional and Performance. Suitable for companies of any size, it can help small and midsize businesses make the jump from spreadsheets to a method of more accurately and transparently planning for the future. It also assists global enterprises in centralizing and streamlining their operations for greater efficiency.
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$1,250 Monthly
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$160 Monthly
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Tailored to your specific needs
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Product Assistance

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Product Insights

  • Conduct Ad hoc Analysis: Simplify complex ad hoc analysis by quickly creating financial and operational models while simultaneously checking the impact of these models on the bottom line. 
  • Close Books Faster: Decrease the time it takes to close books by automating data collection, aggregation and validation. Make data secure and compliant with standards and protocols.  
  • Improve Collaboration: Collaborate in a more efficient manner with current data and real-time insights. Get the power to make quick and accurate decisions with more confidence.  
  • Get Insights: Make well-informed decisions by gaining insights from across an organization to drive long-term value and growth. Automate manual processes to gain more time for strategic planning processes, analyzing and collaborating rather than worrying about spreadsheets.  
  • Automate Manual Processes: Save time and reduce errors by automating manual financial processes. Ensure that all financial processes are done with minimum manual effort and run more efficiently.  
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  • EPM and BI Together: Jedox simplifies operations by combining the insights of business intelligence with the strategy of enterprise performance management into one unified platform for integrated planning across the organization.
  • Leverage Existing IT: The platform makes sure that companies can protect the competitive advantages and investments made in their existing technologies. Its data integration connects out-of-the-box to many popular enterprise solutions. Jedox also allows analysts who are comfortable with Excel to bring their skills to Jedox with an intuitive, Excel-like interface, helping with user adoption.
  • Compare Targets to Performance: By incorporating reporting and planning, users can unify actuals with their budget confidently and accurately. Predictive and prescriptive analytics help businesses take proactive action with forecasting, as well as assist them in translating strategy into execution.
  • Improves Collaboration: Through its online platform, users can build reports, visualizations and dashboards together, and share data with other teams and entities within their organization. 
  • Scalability: The platform features innovative technologies like cloud computing, artificial intelligence and its multidimensional in-memory database, ensuring it is future-proof to scale up to thousands of users as businesses grow and move forward.
  • Real-Time Insights: Users can access up-to-date dashboards and personalized insights from any modern web browser or the mobile app on a self-service basis. Through this, the system eliminates the need to distribute, collect and process spreadsheets, as well as the arduous process of manual reconciliation.
  • Free Trial: Interested users can register for a 14-day free trial of the SaaS version, Jedox Cloud, which provides access to the full functionality of the platform and its add-ons in the Jedox Marketplace.
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  • Modern Tools: Combine the need for structured and dynamic planning to empower organizations to make well-informed decisions in a quick and strategic manner.  
  • Financial Consolidation: Accelerate month-end closing cycles with financial consolidation. Enhance financial planning and reporting by leveraging data from a single source of truth. Get pre-built consolidation functionality for currency conversion and reporting, currency translation adjustment calculations and posting. Implement functional, administrative and setup changes without the need for IT experts. Boost teams’ agility when reacting to changes in organization, strategy, regulation and accounting protocol. Ensure trusted and consistent global reporting by automatically mapping financial data. Keep tabs from start to end on balances, and analyze financial data across consolidation activities.  
  • Structured Planning: Save time and reduce errors by automating labor-intensive financial planning activities. Avoid costly and disruptive customization fees, save time and reduce risk of error with predefined planning and reporting templates. Automate integration from any ERP, CRM or HCM. Create a single source of financial truth by automatically collecting, aggregating and validating financial data. Ensure consistency and accuracy by creating and modifying structured financial reports and elevating financial conversations. 
  • Dynamic Planning: Analyze, plan and make confident decisions with dynamic planning. Build custom-tailored financial models. Leverage customization across processes, functions and use cases. Configure planning experiences and give users the flexibility to plan for anything. Connect data sources from separate systems in one unified, cloud-based platform. Boost financial decision making with a single source of truth. Get insights and make course corrections with real-time data refreshing. Inculcate companywide collaboration culture by providing the right data at the right level to the right person.  
  • Integration: Automate data integration to reduce manual intervention and easily transform data with over 200 pre-built connectors. Adjust to automatic data processing with a growing integration platform. Check status and activity of deployed integrations from a centralized place. Ensure data integration process flows are repeatable, automated and secure, and provide audit trails required by internal and external auditors. Understand changes in data with multiple validation points across integration workflows. 
  • Reporting: Leverage reporting formats and delivery options to meet financial, management and ad hoc needs. Ensure data accuracy and transparency with self-service reporting and automated report distribution. Automate collection and aggregation of financial and business data into a single cloud-based platform. Ensure everyone is working with current and accurate information derived from a single source of truth. Boost financial IQ with self-service reporting capabilities. Create a more agile environment with impactful financial decision making. 
  • Annual Operating Plan: Build collaborative financial plans that align with business objectives. Turn annual plans into quarterly or monthly rolling forecasts, and check models for different scenarios to determine how to realign and adjust strategies.  
  • Workforce Planning: Plan accordingly for workforces by connecting HR, finance and operational data together. Create a headcount plan that can be adjusted to changing marketing requirements. Gain insight to build winning strategies and utilize employees as strategic assets. Boost financial IQ to understand and influence impacts on the financial health of workforce costs.  
  • Cash Flow Forecasting: Assess the impact of decisions by gaining complete control and visibility over finances. Reallocate cash by identifying trends and understanding levers. Mitigate cash flow risk by adjusting investment opportunities.  
  • Scenario Analysis: Analyze every option by planning across multiple case scenarios and assessing key drivers. Bring agility by optimizing current period results. Gain the flexibility to discover deeper insights across a broad range of models. Align executives and business partners with data-driven decisions. Check the impact of plan changes from every level with immediate results. 
  • Rolling Forecasts: Adjust to sudden changes, keep forecasts current and business agile with continually rolling planning periods. Automatically keep tabs on the impact of actuals on forecasted trends. Improve risk analysis by quickly identifying opportunities and risks as business landscapes evolve. Align rolling forecasts by collaborating across different departments. Gain real-time insights to redirect resources and priorities and align them with business objectives.  
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  • Data Integrations: The platform’s built-in integration tool, Jedox Integrator, uses extract, transform, load (ETL) processes to wrangle data. It creates a seamless integration for self-service connectivity, with more than 50 out-of-the-box connectors and more available for various databases, cloud data sources, ERP, CRM, BI and marketing systems. 
  • Excel Add-in: Jedox enables users who are more comfortable working in Excel to access the budgeting, forecasting, planning and analytical functionalities of the platform from the native Excel environment. Users can convert their spreadsheets into the solution, building on their existing knowledge of Excel. 
  • Pre-Built Business Content: The solution has a marketplace of pre-built application models and templates tailored for users from industries such as finance, sales, human resources and more. These models come with best-practice solutions to help users start exploring their data quickly.
  • Predictive Analytics: Jedox uses advanced in-memory modeling and artificial intelligence to help users circumvent the volatility of ever-changing data, running what-if scenarios, trend analysis and more. 
  • Data Governance: Jedox allows administrators to manage access to sensitive information at a granular level down to a single cell. It also provides role-based access, event-driven user interactions, audit logs and differentiated licenses for various user types.
  • Mobile App: Jedox has a native, touch-friendly app for iOS and Android systems that helps employees out of the office stay connected to their reports and analytics. The app supports sharing and offline access capabilities.
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Product Ranking

#9

among all
EPM Software

#23

among all
EPM Software

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Analyst Rating Summary

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85
87
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Reports and Dashboards
Sales Planning
Capital Expenditure Planning
Cash Management
Project Planning
Revenue Planning
Sales Planning
Cash Management
Workforce Planning
Profitability Modelling and Analysis

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Planful
Jedox
+ Add Product + Add Product
Capital Expenditure Planning Cash Management Financial Consolidation And Reconciliation Planning, Budgeting,and Forecasting Platform Capabilities Profitability Modelling And Analysis Project Planning Reports And Dashboards Revenue Planning Sales Planning Workforce Planning 96 96 85 80 72 94 95 100 94 100 86 81 98 87 93 91 97 64 88 100 100 98 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

75%
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User Sentiment Summary

Great User Sentiment 82 reviews
Great User Sentiment 226 reviews
86%
of users recommend this product

Planful has a 'great' User Satisfaction Rating of 86% when considering 82 user reviews from 2 recognized software review sites.

88%
of users recommend this product

Jedox has a 'great' User Satisfaction Rating of 88% when considering 226 user reviews from 2 recognized software review sites.

4.29 (41)
4.41 (113)
4.3 (41)
4.4 (113)

Awards

SelectHub research analysts have evaluated Planful and concluded it earns best-in-class honors for Sales Planning.

Sales Planning Award

SelectHub research analysts have evaluated Jedox and concluded it earns best-in-class honors for Sales Planning.

Sales Planning Award

Synopsis of User Ratings and Reviews

Streamlined Financial Close: Planful helps automate routine tasks like data consolidation and report generation, which can significantly reduce the time it takes to close the books each month. This efficiency is often praised by users in fast-paced environments.
Improved Forecasting Accuracy: The platform's forecasting tools leverage historical data and predictive analytics to generate more accurate forecasts. Users appreciate this feature as it allows for better-informed decision-making and resource allocation.
Enhanced Collaboration: Planful provides a centralized platform for finance teams to collaborate on budgeting, forecasting, and reporting. This feature improves communication and transparency within the department, leading to more cohesive financial strategies.
Customizable Reporting: Users frequently highlight the ability to create custom reports tailored to their specific needs. This flexibility allows finance teams to analyze data from multiple angles and gain deeper insights into their financial performance.
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Excel Integration: Jedox seamlessly integrates with Excel, allowing users to leverage their existing spreadsheet skills and formulas while benefiting from enhanced data analysis and reporting capabilities. This familiarity reduces the learning curve and empowers users to quickly adapt to the platform.
OLAP Server: The integrated OLAP server enables efficient data analysis across multiple dimensions, empowering users to slice and dice information, drill down into details, and gain deeper insights from their data. This capability is particularly valuable for complex financial modeling and reporting tasks.
Web-Based Interface: Jedox offers a user-friendly web-based interface that allows access to reports and dashboards from anywhere with an internet connection. This accessibility promotes collaboration and facilitates data-driven decision-making across teams and departments.
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Steep Learning Curve: Many users find Planful's interface to be complex and unintuitive, requiring significant time investment to learn the system's intricacies. The abundance of features can be overwhelming for new users, leading to frustration and a slow adoption rate within organizations.
Customization Challenges: While Planful offers customization options, implementing them often requires advanced technical skills or reliance on the vendor's professional services, which can be costly. This limitation can hinder organizations with unique workflows or reporting needs from fully tailoring the software to their specific requirements.
Reporting Limitations: Some users report that generating specific or ad-hoc reports can be cumbersome in Planful. The system's pre-built reports may not always cater to every organization's needs, and creating custom reports may require technical expertise or additional support.
Performance Issues: A segment of users has mentioned experiencing slow loading times and occasional system lags, particularly when working with large datasets or complex reports. This can impact productivity and user satisfaction, especially for organizations with high data volumes or demanding reporting requirements.
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Steep Learning Curve: Many users find Jedox to be quite complex, especially those transitioning from simpler spreadsheet applications. The interface, while feature-rich, can feel overwhelming to new users due to the multitude of options and functionalities.
Performance Issues: Some users report experiencing slow performance, particularly when working with large datasets or complex models. This can hinder productivity and lead to frustration, especially for time-sensitive tasks.
Limited Mobile Functionality: The mobile app for Jedox has received criticism for its limited functionality compared to the desktop version. This can be a drawback for users who require on-the-go access to their data and models.
Cost: Jedox's pricing structure can be a barrier for smaller businesses or those with limited budgets. The cost of licenses and implementation services can add up quickly, making it a significant investment.
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Planful has garnered a reputation for its robust financial reporting and analysis capabilities, particularly excelling in budgeting, forecasting, and consolidation. Users appreciate the software's ability to handle complex financial models and its flexibility in generating custom reports. The platform's intuitive interface and user-friendly design have also been praised, making it accessible to both finance professionals and non-financial users. However, some users have noted that the initial setup and implementation process can be time-consuming and may require significant support from Planful's team. Additionally, while Planful offers a wide range of features, some users have expressed a desire for more advanced functionality in areas such as workforce planning and project accounting. Compared to competitors like Adaptive Insights and Vena Solutions, Planful stands out for its comprehensive financial consolidation capabilities and its ability to handle large volumes of data. Its reporting and analytics tools are also considered to be more user-friendly and customizable. However, Adaptive Insights may be a better choice for organizations seeking a more cloud-based solution with stronger integrations with other business applications. Vena Solutions, on the other hand, may be more suitable for companies with complex financial modeling needs due to its Excel-based interface. Overall, Planful is best suited for mid-sized to large enterprises with complex financial reporting and analysis requirements. Its strengths lie in its budgeting, forecasting, consolidation, and reporting capabilities, making it an ideal choice for organizations looking to streamline their financial processes and gain deeper insights into their financial performance. However, companies with limited IT resources or those seeking a more cloud-based solution may want to consider alternative options.

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Jedox has garnered a reputation for its robust data modeling capabilities and Excel integration, making it a popular choice for organizations with existing Excel-based processes. Users appreciate the familiar interface and the ability to leverage their existing Excel skills, reducing the learning curve and facilitating user adoption. The platform's strength lies in its ability to handle complex calculations and data manipulations, making it suitable for financial planning, budgeting, and forecasting tasks. However, some users find the interface outdated and less intuitive compared to modern cloud-based solutions. Additionally, while Jedox offers cloud deployment options, its on-premise roots can lead to challenges with scalability and accessibility for remote teams. When compared to competitors like Anaplan and Adaptive Insights, Jedox stands out with its powerful OLAP engine and Excel integration. This makes it a preferred choice for organizations that prioritize data analysis and manipulation capabilities. However, Jedox may fall short in terms of user-friendliness and collaboration features, where cloud-native platforms often excel. The platform's pricing structure, which can be complex and involve multiple components, is another factor that potential users should carefully consider. Ultimately, Jedox is best suited for organizations with strong Excel expertise and a need for advanced data modeling and analytical capabilities, particularly in finance and controlling departments.

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