Planful

The integration of Corma with Planful empowers businesses to manage their software licenses effectively while optimizing financial processes. By offering enhanced visibility, cost reduction strategies, and automated management features, companies can achieve significant efficiencies and make informed decisions that positively impact their financial health.

Corma's integration with Planful significantly enhances the management of software licenses and financial oversight for businesses. Here’s how this integration benefits companies. Corma can plug into it directly and therefore enabling Finance & Accounting practice around having better visibility into software budgets and reducing software cost.

Key Benefits of Corma and Planful Integration

• Improved Financial Visibility: Corma connects with Planful to provide finance teams with better visibility into their software budgets. This integration allows organizations to track expenditures related to software licenses, enabling informed decision-making regarding their financial resources.
• Cost Reduction: By analyzing software usage data against financial metrics from Planful, businesses can identify and eliminate unused licenses. This helps optimize Software as a Service (SaaS) costs, ensuring that companies only pay for the software they actively use.
• Automated License Management: Corma automates reminders for contract renewals and license cancellations, helping businesses stay proactive in managing their software subscriptions. This feature minimizes the risk of incurring unnecessary costs due to lapses in license management.
• Data-Driven Insights for Negotiations: The integration allows organizations to gather actionable data that can be leveraged during vendor negotiations. This strategic advantage can lead to more favorable terms and potential savings when renewing contracts.
• Identity Access Management (IAM): Corma provides IAM as a service, streamlining user access management. This integration simplifies the validation of access requests and user license management, enhancing security and operational efficiency.
• Continuous Monitoring: Corma continuously tracks software usage, delivering insights that improve both security and cost efficiency. This ongoing analysis helps organizations quickly identify inefficiencies or potential security risks associated with their software licenses.

Planful is a cloud-based financial planning and analysis (FP&A) platform that helps businesses streamline their budgeting, forecasting, and financial reporting processes. It offers tools for collaborative planning, data integration, scenario modeling, and real-time analytics, enabling organizations to make informed decisions quickly. Planful supports various financial processes, such as budgeting, consolidations, and close management, making it easier for finance teams to manage their operations and improve efficiency. The platform's user-friendly interface and ability to integrate with other business systems make it a popular choice for companies looking to enhance their financial planning and analysis capabilities.

Visit Corma.io if you want to know more about how we reshape Identity Access Management (IAM) and Software Licence Management. Transform the management of your SaaS software with Corma, the solution for centralising and rationalising your tools.Our IT copilot offers continuous monitoring of software usage, delivering detailed insights to enhance security and cost efficiency. It allows IT teams and managers to validate access requests and manage users effortlessly with a single click. Eliminate the hassle of unused paid licenses and manual allocation, boosting team efficiency and providing an exceptional user experience.