Planful Completes Plannuh Strategic Acquisition and Accelerating Organic Growth in Q3.

As the company's growth trajectory continues, it gains significant new customers, earns industry awards, and receives analyst recognition.

Fremont, CA: Planful pioneered cloud-based financial performance management software. The Planful platform gets utilized worldwide to simplify enterprise-wide planning, budgeting, consolidation, reporting, and analytics. Planful enables finance, accounting, and business customers to plan confidently, close more quickly, and report correctly. Planful is used by over 1,300 clients, including 23andMe, Bose, Boston Red Sox, Five Guys, and Zappos, to reduce cycle times, enhance productivity, and improve accuracy. Vector Capital, a major worldwide private equity firm, has invested in Planful.

Grant Halloran, Planful Chief Executive Officer, said: "CFOs, and business leaders across the whole C-suite, acutely recognize that planning and agile, data-driven course-correcting are essential to survive and thrive in this economy. Modernizing systems, to drive better financial performance, is seen today as a must-do priority and this is fueling increasing demand for our solutions. I'm proud of the Planful team and partners for continuing to execute at such a high level to meet this demand, and make customers successful, quickly."

Planful Inc. will continue to accelerate its growth trend in the third quarter of 2022, resulting in another period of records across the board, including a 70percent year-over-year increase in customer expansion bookings and even a record number of new customers, along with Zappos, Igloo, Cloud Staff, Otto Car Limited, Flynn Group of Companies, and others.

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Also in Q3, Planful acquired Plannuh, a premier Marketing Performance Management (MPM) SaaS vendor, to provide pioneering CFOs and CMOs with tools to generate greater company development prospects. Planful now offers comprehensive financial intelligence, including all marketing efforts and the ability to better support finance's demands for correct expenditure, accruals, and performance data. Marketers may real-time course-correct campaign & activity investments to enhance ROI while boosting visibility and cooperation with finance colleagues.

Planful saw record subscription bookings, upsell bookings, customers gained, customer retention rates this quarter, and acclaim from award organizations and analysis companies.

Companies worldwide are turning to Planful to modernize organization-wide planning and expand financial performance into additional business areas, resulting in record customer growth.