Workforce Planning with Planful Addresses the Increasing Importance of Modern Workforce Planning Solutions
Planful , the pioneer of Continuous Planning with its cloud platform for financial planning and analysis (FP&A), announced the company is enhancing its Workforce Planning solution. These upgraded platform capabilities continue the extension of Continuous Planning beyond the finance department and into every corner of the business, bringing a deeper business advantage to HR leaders.
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Workforce planning has never been more critical. With Planful’s comprehensive workforce planning capabilities, including the latest enhancements, HR leaders can improve their collaboration with finance to more effectively plan and execute strategies 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
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As part of Planful’s continued commitment to providing customers with this critical capability, recent product releases, including Winter20 and Summer20, provided a platform-wide user interface upgrade, as well as a new and improved roster view, making it easy for users to manage employees across multiple departments simultaneously. The upcoming Fall20 release, scheduled for November, will unveil additional new features, further simplifying workforce management for customers in an elegant, 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.”
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