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.
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 Nov 1, 2022. Please contact marketing@vareto.com for any suggested corrections.
Testimonials
“We can automatically generate insights to our business partners in a timely manner. It’s improved how we provide immediate value to and collaborate with our business partners.”
Guy Zeltser
VP of Finance
“Business partners can access information on their own, click into it, and understand where they are month over month without relying on manual inputs from Finance. It lets business owners feel in control of their budgets and always know where they are as they progress into the month.”
Reid Fernambucq
Senior Finance Manager
Streamline planning and forecasting.
Gather inputs from and collaborate with business stakeholders directly in Vareto, with the benefit of granular permissions to control who sees what.
Eliminate repetitive, manual tasks.
Share BvA reports that automatically update with your organization’s operational data, so you can focus your time on driving business results.
Set up dynamic, customized reports in minutes
GL account structure changed? Leadership team asked for a different graph? No problem — set up reports with custom metrics, charts, and tables in minutes.