Anaplan vs. OpenText Magellan

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Anaplan
Score 8.7 out of 10
Enterprise companies (1,001+ employees)
Anaplan is a transformative way to see, plan, and run your business. Using its proprietary Hyperblock™ technology, Anaplan lets you contextualize real-time performance, and forecast future outcomes for faster, confident decisions. Anaplan enables connected strategy and planning across your enterprise to move your business forward. Based in San Francisco, Anaplan has over 200 partners and more than 2,000 customers worldwide.N/A
OpenText Magellan
Score 9.0 out of 10
N/A
OpenText Magellan Analytics Suite leverages a comprehensive set of data analytics software to identify patterns, relationships and trends through data visualizations and interactive dashboards.N/A
Pricing
AnaplanOpenText Magellan
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AnaplanOpenText Magellan
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Features
AnaplanOpenText Magellan
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Anaplan
7.7
182 Ratings
3% below category average
OpenText Magellan
7.0
2 Ratings
16% below category average
Pixel Perfect reports6.41 Ratings00 Ratings
Customizable dashboards9.0182 Ratings7.02 Ratings
Report Formatting Templates00 Ratings7.01 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Anaplan
9.1
2 Ratings
10% above category average
OpenText Magellan
8.3
3 Ratings
2% above category average
Drill-down analysis9.12 Ratings8.03 Ratings
Formatting capabilities9.12 Ratings8.03 Ratings
Report sharing and collaboration9.12 Ratings8.02 Ratings
Integration with R or other statistical packages00 Ratings9.01 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Anaplan
8.8
189 Ratings
7% above category average
OpenText Magellan
8.3
2 Ratings
1% below category average
Publish to Web9.11 Ratings8.02 Ratings
Publish to PDF8.8188 Ratings8.02 Ratings
Report Versioning9.2163 Ratings9.02 Ratings
Report Delivery Scheduling8.33 Ratings8.02 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Anaplan
8.2
2 Ratings
8% above category average
OpenText Magellan
8.0
1 Ratings
1% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)9.12 Ratings9.01 Ratings
Location Analytics / Geographic Visualization9.12 Ratings00 Ratings
Predictive Analytics6.42 Ratings7.01 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Anaplan
9.2
192 Ratings
6% above category average
OpenText Magellan
9.0
2 Ratings
5% above category average
Multi-User Support (named login)9.12 Ratings00 Ratings
Role-Based Security Model9.5192 Ratings9.02 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.12 Ratings9.02 Ratings
Report-Level Access Control9.445 Ratings00 Ratings
Single Sign-On (SSO)9.12 Ratings9.02 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Anaplan
8.0
182 Ratings
0% above category average
OpenText Magellan
7.0
2 Ratings
13% below category average
Responsive Design for Web Access8.7173 Ratings7.02 Ratings
Mobile Application8.2162 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile8.3169 Ratings7.02 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Anaplan
9.1
294 Ratings
9% above category average
OpenText Magellan
-
Ratings
Long-term financial planning9.4268 Ratings00 Ratings
Financial budgeting9.6273 Ratings00 Ratings
Forecasting9.3282 Ratings00 Ratings
Scenario modeling9.2284 Ratings00 Ratings
Management reporting8.3283 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Anaplan
7.2
249 Ratings
11% below category average
OpenText Magellan
-
Ratings
Financial data consolidation8.7229 Ratings00 Ratings
Journal entries and reports7.2187 Ratings00 Ratings
Multi-currency management6.211 Ratings00 Ratings
Intercompany Eliminations6.08 Ratings00 Ratings
Minority Ownership6.07 Ratings00 Ratings
Local and consolidated reporting8.5216 Ratings00 Ratings
Detailed Audit Trails8.2229 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Anaplan
8.6
266 Ratings
5% above category average
OpenText Magellan
-
Ratings
Financial Statement Reporting8.8245 Ratings00 Ratings
Management Reporting8.4257 Ratings00 Ratings
Excel-based Reporting8.1236 Ratings00 Ratings
Automated board and financial reporting9.013 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Anaplan
9.0
285 Ratings
11% above category average
OpenText Magellan
-
Ratings
Personalized dashboards8.6280 Ratings00 Ratings
Color-coded scorecards8.8264 Ratings00 Ratings
KPIs9.119 Ratings00 Ratings
Cost and profitability analysis9.2242 Ratings00 Ratings
Key Performance Indicator setting9.4253 Ratings00 Ratings
Benchmarking with external data9.113 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Anaplan
8.8
291 Ratings
6% above category average
OpenText Magellan
-
Ratings
Flat file integration9.5281 Ratings00 Ratings
Excel data integration8.4263 Ratings00 Ratings
Direct links to 3rd-party data sources8.6242 Ratings00 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
Anaplan
-
Ratings
OpenText Magellan
6.2
1 Ratings
24% below category average
REST API00 Ratings5.01 Ratings
Javascript API00 Ratings9.01 Ratings
Java API00 Ratings5.01 Ratings
Themeable User Interface (UI)00 Ratings7.01 Ratings
Customizable Platform (Open Source)00 Ratings5.01 Ratings
Best Alternatives
AnaplanOpenText Magellan
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.3 out of 10
BrightGauge
BrightGauge
Score 8.9 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Reveal
Reveal
Score 9.9 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
Jaspersoft Community Edition
Jaspersoft Community Edition
Score 9.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AnaplanOpenText Magellan
Likelihood to Recommend
9.3
(303 ratings)
9.0
(11 ratings)
Likelihood to Renew
9.4
(25 ratings)
3.9
(9 ratings)
Usability
8.0
(16 ratings)
9.0
(1 ratings)
Availability
8.7
(6 ratings)
-
(0 ratings)
Performance
9.0
(6 ratings)
-
(0 ratings)
Support Rating
7.7
(18 ratings)
9.0
(2 ratings)
In-Person Training
8.4
(4 ratings)
-
(0 ratings)
Online Training
9.0
(4 ratings)
-
(0 ratings)
Implementation Rating
8.5
(21 ratings)
-
(0 ratings)
Configurability
9.0
(4 ratings)
-
(0 ratings)
Ease of integration
9.1
(2 ratings)
-
(0 ratings)
Product Scalability
9.3
(6 ratings)
-
(0 ratings)
Vendor post-sale
7.3
(3 ratings)
-
(0 ratings)
Vendor pre-sale
4.7
(3 ratings)
-
(0 ratings)
User Testimonials
AnaplanOpenText Magellan
Likelihood to Recommend
Anaplan
Anaplan revolutionizes the planning process by standardizing it, creating transparency in data, particularly in showcasing results to the management team. By replacing Excel-centric planning methods, Anaplan not only opens the door to handling larger datasets but also enables a more intricate level of data granularity at an accelerated pace. What sets it apart is its capacity to facilitate a seamless collaboration within a cross-functional model, accommodating diverse departments and business functions in a dynamic, real-time environment.
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OpenText
If you do not have a large budget and are a large organization, I would steer clear of Actuate. If you are looking to do very complex washboarding, I would not use them. Your developers have to be very skilled to work with this. Plan to bring in consultants if necessary to help your process. Adhoc reporting is weak. If your pricing is user based and you expand, this could be very expensive.
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Pros
Anaplan
  • Forcing structure and auditability to processes that used to exist in spreadsheets
  • Strong calculation engine that can account for many dimensions
  • Formula Syntax that is not overly complicated and can be learned by the business in order to have ownership of their models internally
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OpenText
  • The report outputs can vary across different types such as HTML, PDF, and Excel
  • Their open source offering is very sufficient
  • There are great boards and blogs for developers and engineers to expand and use their features.
  • The people from the company that I've worked with are professional and courteous.
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Cons
Anaplan
  • The "new" UX front-end offers a lot of modern and intuitive features, but it lacks the ability to view multiple "tabs" of dashboards and reports. The "classic" dashboard had this feature but now with the UX, you need to be really smart about how to design a single page where the users won't get "lost".
  • Lacks the ability to "wrap text" (similar to excel) and auto-size grid rows
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OpenText
  • The documentation on all the available features, but most importantly on the scripting side, can be improved
  • The standard look & feel of some basic options, like parameter selection or sorting and filtering, looks dated and can't be customized
  • The server portal needs to provide better tools
  • More integration is needed with other OpenText products
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Likelihood to Renew
Anaplan
In any line of work, a tool that is flexible and would allow different departments of your company to easily interact and exchange valuable insights, is highly anticipated and needed. For me, what Anaplan provides to a business, be it a smaller one or an enterprise customer, is an easily scaling, agile planning and modeling platform that can meet almost any need and give a high-end solution to the problems any company faces on a daily basis.
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OpenText
I am no longer working for the company that was using Actuate but I believe they would continue to use it because the stitching costs would be to high. It would require a complete rewrite of the reports and the never version of Actuate (BIRT) even required an almost complete report rewrite
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Usability
Anaplan
There is a dependency in this rating - in that I find Anaplan extremely easy to use, but I've spent the necessary time developing a strong understanding of the platform. Once you understand how to use it, the platform is flexible, easy to use, and fun to use.
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OpenText
It is quite intuitive to use. It is fit specifically for doing sentiment, emotion, and intention analysis as well as text classification and text summarization. I would have given 10 if it is fit for the purpose of doing image processing and analysis as well. There is a huge market to analyze video and image data.
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Reliability and Availability
Anaplan
There are very few outages. Maintenance is scheduled on two or three Saturdays per month, so as not to affect businesses. When there is an outage, users are kept informed of progress to restore the platform and typically this takes no more than an hour. Anaplan customer support is very responsive if we ever have questions about platform issues
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OpenText
No answers on this topic
Performance
Anaplan
Everything is calculated in memory in the cloud. It's nearly instantaneous updates when you make changes. The only time things get a little slow is when you have a massive model with very intricate calculations...but "slow" for Anaplan is not what I would call "slow" for something like Hyperion. We used to have Hyperion calcs that ran for 60 mins before you could use data. The equivalent would be 60 seconds in Anaplan.
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OpenText
No answers on this topic
Support Rating
Anaplan
1. Anaplan has separate 24/7 customer support channel to help with queries, 2. Customer Partner from Anaplan to support vendor with their queries like license purchase, use case implementation support, customer advocacy 3. Anaplan Learning Platform to help learning new product features free of cost and Yearly Anaplan connect across globe to share success stories of various companies.
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OpenText
Always there on the front and backend for us and the client.
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In-Person Training
Anaplan
The in-person training is simply not worth the cost. After a few weeks of playing in Anaplan, I went to the basic training and knew more than the person teaching it. a year down the road, I was the first person to complete the advance training, and again could have been teaching the class better than the person running the session. Spend some time on your own trying out different things and you will get all the understanding you need to be successful.
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OpenText
No answers on this topic
Online Training
Anaplan
Anaplan training materials are clear, simple, easy to understand and to follow. Visuals are excellent. The vendor is good at updating training materials in a timely manner and encouraging users and administrators to keep coming back to Academy site for refresher courses or new feature courses. I really like their interactive diagrams
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OpenText
No answers on this topic
Implementation Rating
Anaplan
Agile methodology and breaking the work down into sprints was very helpful. Implementation required a deeper dive into our data than expected for the consultants to be able to construct the data model. But once it was in place, the focus on knowledge transfer enabled us to be able to use the product effectively after the team rolled off.
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OpenText
No answers on this topic
Alternatives Considered
Anaplan
Anaplan is what I would consider a modeling platform. It excels at taking a forecasting or planning process and systematizing it - and allowing for whatever nuances and granularity you need to perform that modeling. It is not positioned as "data collection" platform - which are typically designed to take data uploads from Excel to calculate basic opex and revenue models. It's much more customizable and flexible.
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OpenText
It is vastly superior to these in many ways, for complex reporting it is a much more sophisticated solution. Visualizations are very good. Javascript extensibility is very powerful, others don't support this or as well. Pentaho and MS are both OLAP oriented. Pentaho is moving more toward big data, which was not our primary focus. Others are stuck in the Crystal Reports Band metaphor.
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Scalability
Anaplan
We have managed to leverage Anaplan for financial planning and forecasting across the business. It is now used by almost every department, with more than 50 users (but I know of companies that have hundreds of users) and still the platform is quick and reliable. It is easy to make changes to divisions and departments or add users and apply different user settings - the core part of the model is not affected and end users can continue their work without any disruption
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OpenText
No answers on this topic
Return on Investment
Anaplan
  • Speeding up the process of closing and updating the current month forecast
  • Reduced work on the preparation of reports and presentations. We used different Anaplan approaches with varying success, but the overall result was there.
  • It's hard to gauge, but the overall increase in process and algorithm transparency, along with data protection, has given an excellent platform for scaling up the company's processes.
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OpenText
  • Actuate can handle 50 to 60 sub reports inside a report very well.
  • Dynamically creating the datasource, chart, graph, reports are the main advantages. We can do any level of drilling, and can create a performance matrix dashboard efficiently.
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ScreenShots

Anaplan Screenshots

Screenshot of Platform: The Anaplan platform is a unified cloud-based solution that connects people, data and plans to enable complex scenario modeling and drive growthScreenshot of OpEx Planning: Review revenue-target-setting goals by brand, season, and capacity all on one, unified, highly-visual dashboardScreenshot of Supply Planning: Break down costs across assembly production to project profitability and align your supply chain to market opportunitiesScreenshot of Territory and Quota Planning: Keep track of sales goals and quotas across territories and industries to optimize sales performanceScreenshot of Headcount Planning: Easily align workforce plans with your strategic plans and quickly see where the best qualified talent resides to fit your organization’s staffing needsScreenshot of Marketing: Eliminate spreadsheets to drive efficiency across planning and manage budget against planned activity

OpenText Magellan Screenshots

Screenshot of A Magellan BI & Reporting dashboard that an individual can interact with and personalize to their needs, such as changing chart types or computations.Screenshot of Magellan Data Discovery provides a Smart User Interface, designed to equip new users and users seeking a more streamlined set of features for insightsScreenshot of Magellan Data Discovery provides an Advanced User Interface that allows data analytics pros to leverage its breadth of sophisticated capabilities for insightsScreenshot of Magellan Text Mining insights can be displayed within easy-to-use dashboards.Screenshot of Data scientists can create visualizations within the Magellan Notebook and see it dynamically update as they write changes to it.