comparisons

Planful vs. Vareto

Vareto offers the best FP&A software platform for strategic finance teams.

Vareto is the best financial planning and analysis (FP&A) software solution alternative to Planful. Vareto unlocks the magic of having planning, forecasting, and reporting together in one intuitive, easy-to-use, next-gen platform.

Implementation is as fast as four weeks with Vareto's in-house Customer Growth Managers. Unlike Planful, Vareto offers an intuitive user experience with the ability to create and customize beautiful financial reports on your own. Changes to metrics and reporting can be made in minutes without needing a third-party consultant. Streamline collaboration with and gather inputs from business stakeholders using real-time comments, @mentions, and annotations directly in Vareto. As your organization grows, Vareto is built to scale with you — Vareto can support more than 50 departments and 100 finance and business users concurrently.

Vareto
Planful

Customer base

Mid-market to enterprise; designed to scale with companies as they grow.

Primarily mid-market and some enterprise.

Implementation

Usually four weeks.

Multiple months.

Onboarding and ease of setup

Personalized setup and custom onboarding with in-house, dedicated Customer Growth Manager (with hands-on FP&A experience) as thought partner.

Implementation requires hiring a third-party consultant to build reports and make changes. Onboarding has a steep learning curve with self-serve training.

Native integrations

50+ native ERP, HRIS, CRM, and other business system integrations (e.g., NetSuite, Salesforce, ADP) with in-house support.

No native integrations. Most integrations are through Boomi, a third-party integration platform.

User-friendliness

Walk-up usability for finance and business users alike. Finance users can set up models natively within Vareto enjoying spreadsheet-like flexibility and the familiarity of Excel formulas and keyboard shortcuts. No technical skills are necessary for business users to plan, access, or create reports within Vareto.

User interface is complex and not intuitive, with slow navigation.

Collaboration

Designed for streamlined collaboration between finance and business users. Share self-serve dynamic reports and plans with the benefit of granular access permissions (by report or tab) to control who sees what. Gather inputs from and collaborate in real time with comments, @mentions, and annotations directly in Vareto.

No commenting or feedback functionality within the tool. Collaboration with business users must occur outside of the tool. Designed primarily for FP&A experts rather than business users.

Reporting setup

Easily build and customize beautiful reports and dashboards without the need to write any code. Once set up, Vareto pulls in the latest data from your ERP, HRIS, CRM, and other systems to automatically keep reports up-to-date.

Although able to build reports without outside consultant help once fully onboarded, custom formatting is time-consuming and not straightforward.

Customization

High customization, with the ability to set custom metrics and a robust ability to manage own general ledger mapping.

Difficult to make updates to reflect underlying changes in the business without third-party consultant or backend engineering support.

Performance

Able to support 50+ departments, with 100 finance and business users concurrently.

Data loading and manipulation can have lag, depending on the amount of data captured in the model or report.

Disclaimer: The comparison information on this page is based on publicly available information reviewed as of November 1, 2022. Please contact marketing@vareto.com for any suggested corrections.

Vareto
Planful

Customer base

Mid-market to enterprise; designed to scale with companies as they grow.

Primarily mid-market and some enterprise.

Implementation

Usually four weeks.

Multiple months.

Onboarding and ease of setup

Personalized setup and custom onboarding with in-house, dedicated Customer Growth Manager (with hands-on FP&A experience) as thought partner.

Implementation requires hiring a third-party consultant to build reports and make changes. Onboarding has a steep learning curve with self-serve training.

Native integrations

50+ native ERP, HRIS, CRM, and other business system integrations (e.g., NetSuite, Salesforce, ADP) with in-house support.

No native integrations. Most integrations are through Boomi, a third-party integration platform.

User-friendliness

Walk-up usability for finance and business users alike. Finance users can set up models natively within Vareto enjoying spreadsheet-like flexibility and the familiarity of Excel formulas and keyboard shortcuts. No technical skills are necessary for business users to plan, access, or create reports within Vareto.

User interface is complex and not intuitive, with slow navigation.

Collaboration

Designed for streamlined collaboration between finance and business users. Share self-serve dynamic reports and plans with the benefit of granular access permissions (by report or tab) to control who sees what. Gather inputs from and collaborate in real time with comments, @mentions, and annotations directly in Vareto. 

No commenting or feedback functionality within the tool. Collaboration with business users must occur outside of the tool. Designed primarily for FP&A experts rather than business users.

Reporting setup

Easily build and customize beautiful reports and dashboards without the need to write any code. Once set up, Vareto pulls in the latest data from your ERP, HRIS, CRM, and other systems to automatically keep reports up-to-date.

Although able to build reports without outside consultant help once fully onboarded, custom formatting is time-consuming and not straightforward.

Customization

High customization, with the ability to set custom metrics and a robust ability to manage own general ledger mapping.

Difficult to make updates to reflect underlying changes in the business without third-party consultant or backend engineering support.

Performance

Able to support 50+ departments, with 100 finance and business users concurrently.

Data loading and manipulation can have lag, depending on the amount of data captured in the model or report.

Loved by finance teams and trusted by business partners at

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“With Vareto, Customer Success was organized, listened to us, and implemented the feedback we gave. We didn’t just choose a product — we chose a partner who does whatever it takes to ensure we are successful.”

Guy Zeltser

VP of Finance

Read the customer story

“With Vareto, we found a product that would be able to serve our needs as we grew while getting white glove service with the Customer Growth team.”

Ben Huang

Senior Manager of Corporate Finance

Read the customer story

Streamline planning and forecasting.

Gather inputs from and collaborate with business stakeholders directly in Vareto, with the benefit of granular access permissions to control who sees what.

A picture showing collaboration and input gathering features for Vareto's FP&A planning platform
A screenshot of a BVA summary with the ability to click into transaction data

Eliminate repetitive, manual tasks.

Share budgets versus actual variance analysis reports that automatically update with your organization’s operational data from your ERP, HRIS, CRM, and more, so you can focus your time on driving business results.

Create and customize reports the way you want

Easily build any report you want in Vareto without SQL or code. It takes minutes to configure and update custom metrics and visualizations on your own, without the need for an outside consultant.

A screenshot showing the ability to create customized reports in Vareto, the strategic FP&A platform

Get in touch with Vareto today

Book a demo to see how Vareto can help you make better, faster operational decisions.