Planful Announces Accelerating Organic Growth in Q3, Alongside Strategic Acquisition of Plannuh
REDWOOD CITY, Calif., Oct. 27, 2022 /PRNewswire/ -- Planful Inc., the pioneer of financial performance management cloud software, today announced that the company's accelerated growth trend continued in the third quarter of 2022, marking another period of records across the board, including a 70% year-over-year increase in customer expansion bookings and a record number of new customers, adding Zappos, Igloo, Cloud Staff, Otto Car Limited, Flynn Group of Companies, and more.
- Also in Q3, Planful acquired Plannuh , a leading Marketing Performance Management (MPM) SaaS vendor, to give trailblazing CFOs and CMOs tools to drive more opportunities for business growth.
- Planful now provides marketers with deep financial intelligence for all marketing activities and the ability to better support finance's needs for accurate spend, accruals, and results data.
- Marketers are able to course-correct campaign and activity investments in real-time to maximize ROI, while increasing visibility and collaboration with their finance colleagues.
- This quarter, Planful experienced record subscription bookings, upsell bookings, customers added, and customer retention rates, in addition to recognition from awards organizations and analyst firms.