Anaplan

What users are saying about

Score 8.4 out of 10

Based on 206 reviews and ratings

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Feature Rating Comparison

Anaplan

7.5

Long-term financial planning

7.4

Financial budgeting

8.1

Forecasting

7.7

Scenario modeling

6.5

Management reporting

7.7

Anaplan

6.5

Financial data consolidation

7.7

Journal entries and reports

6.5

Multi-currency management

6.2

Intercompany Eliminations

5.9

Minority Ownership

6.0

Local and consolidated reporting

7.1

Detailed Audit Trails

6.1

Anaplan

7.6

Financial Statement Reporting

7.0

Management Reporting

8.3

Excel-based Reporting

6.9

Automated board and financial reporting

8.2

Anaplan

6.7

Personalized dashboards

5.4

Color-coded scorecards

6.0

KPIs

7.0

Cost and profitability analysis

7.0

Key Performance Indicator setting

7.5

Benchmarking with external data

7.2

Anaplan

8.3

Flat file integration

8.4

Excel data integration

8.3

Direct links to 3rd-party data sources

8.2

Pros

It is a very user-friendly platform that allows individuals without IT backgrounds to build models in simple syntax. If you know how to use Excel, you will be able to pick up model building in Anaplan with relative ease using the guided build methodology.
Anaplan is a blank slate that allows for multi-dimension models in which we determine the dimensions versus forcing us to adhere to predetermined dimensions.
Maintaining our company hierarchies in data hub allows us to change information there and have it automatically pushed out to all spoke models versus changing 10-20 spreadsheets.

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Tara Kirby

Senior Director, Planning & Analysis

Schneider Electric SoftwareIndustrial Automation, 10,001+ employees

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Cons

The number of options for charts and graphs is substantially smaller than in Excel.
Pricing is space based so adding more to the model can come at a price.

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Michael McIntosh

Sr. FP&A Analyst

AdRollOnline Media, 501-1000 employees

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Likelihood to Renew

Anaplan8.2

Based on 3 answers

I don't think we could function without the collaboration capabilities built into Anaplan that replaced disparate Excel files in the workforce planning model

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Joe Bradbury

Manager, Financial Systems

Research NowMarket Research, 1001-5000 employees

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Usability

Anaplan8.2

Based on 2 answers

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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Chris Friederich

Director, Financial Planning & Analysis

Cherwell SoftwareComputer Software, 201-500 employees

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Reliability and Availability

Anaplan10.0

Based on 1 answer

In nearly 3 years, I have only had 1 issue of being unable to access my model for an unplanned maintenance. Even planned maintenance windows are handled during low traffic hours on the weekend.

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Joe Bradbury

Manager, Financial Systems

Research NowMarket Research, 1001-5000 employees

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Performance

Anaplan9.0

Based on 1 answer

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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Joe Bradbury

Manager, Financial Systems

Research NowMarket Research, 1001-5000 employees

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Support

Anaplan8.1

Based on 2 answers

I feel like the support team is a little lacking in product knowledge. Several times I have contacted them to get help, and ended up finding a solution to my own problem before the team could get back to me with anything useful. I have also submitted a few bugs, and never got updates to when they were fixed in later releases.

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Joe Bradbury

Manager, Financial Systems

Research NowMarket Research, 1001-5000 employees

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In-Person Training

Anaplan3.0

Based on 1 answer

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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Joe Bradbury

Manager, Financial Systems

Research NowMarket Research, 1001-5000 employees

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Online Training

Anaplan5.0

Based on 1 answer

I'm giving this a 5 simply for the anapedia outline of calculations. The online videos and trainings leave a lot to be desired, but having anapedia around to help you understand calculations has been helpful. The drawback to anapedia is the depth they go into for calculations, it is lackluster at times. Because of that, I have been working through a much more in-depth look at each calculation on my website for users to reference: http://www.anaplanguru.com/formulas/

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Joe Bradbury

Manager, Financial Systems

Research NowMarket Research, 1001-5000 employees

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Implementation

Anaplan6.8

Based on 12 answers

I won't rate this low due to the 3rd party consultant, because overall the implementation with Anaplan went great. We had working models in our first month of having Anaplan, and have been able to branch out into multiple facets of the business in the 3 years since our first implementation.

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Joe Bradbury

Manager, Financial Systems

Research NowMarket Research, 1001-5000 employees

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Alternatives Considered

Anaplan user case was easy to pull together on our own without consultants. The other tools were more complex to understand and set up.Cost-wise it stacked up nicely against other tools as well

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Andrew Paston

Financial Planning & Analysis Mgr

2degrees MobileTelecommunications, 1001-5000 employees

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Lines of Business and Business Impact

Anaplan has allowed a small FP&A team to manage the growth in demands from the business without expanding the team saving significant staff costs.The ability to quickly distribute one version of the truth for reporting and forecasting is very valuable to the company. Visibility and ease of access to key performance indicators for key stakeholders is essential.

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Andrew Paston

Financial Planning & Analysis Mgr

2degrees MobileTelecommunications, 1001-5000 employees

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Selection Process

Adaptive and Host Analytics

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More flexible and able to handle more data.

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Tommy Bettles

Sr. Manager, Finance

AtlassianComputer Software, 1001-5000 employees

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Scalability

Anaplan7.0

Based on 1 answer

It's going to handle most of what you can throw at it. The problem lies in the sparsity of some datasets. When you have over 5ish dimensions of sparse data, the size of the model gets bloated for not much value. In several cases, I have had to adapt my model to account for sparsity in a way that minimized use of space, but also made interacting with the data more cumbersome.

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Joe Bradbury

Manager, Financial Systems

Research NowMarket Research, 1001-5000 employees

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Return on Investment

Workforce Planning efficiency - so much easier than excel to maintain sensitive information planning
Long range plan lead time - the old excel model took weeks to update. The Anaplan model takes hours

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Joe Bradbury

Manager, Financial Systems

Research NowMarket Research, 1001-5000 employees

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Screenshots

Anaplan

Platform - Align business investment to corporate and departmental goals. Gain control over IT projects and reduce time and cost overruns. Easily manage IT shared service costs and allocations. Quickly report progress and impact to the business with live scorecards. Continuously optimize teams and priorities to deliver the most relevant value.

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Pricing Details

General

Free Trial

—

Free/Freemium Version

—

Premium Consulting/Integration Services

Yes

Entry-level set up fee?

Optional

Additional Pricing Details

Request a personal demo: https://www.anaplan.com/request-demo/ Free trial for existing customers for any app in the App Hub: https://apphub.anaplan.com/

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Likelihood to Recommend

Anaplan

Feature Rating Comparison

Long-term financial planning

Financial budgeting

Forecasting

Scenario modeling

Management reporting

Financial data consolidation

Journal entries and reports

Multi-currency management

Intercompany Eliminations

Minority Ownership

Local and consolidated reporting

Detailed Audit Trails

Financial Statement Reporting

Management Reporting

Excel-based Reporting

Automated board and financial reporting

Personalized dashboards

Color-coded scorecards

KPIs

Cost and profitability analysis

Key Performance Indicator setting

Benchmarking with external data

Flat file integration

Excel data integration

Direct links to 3rd-party data sources

Pros

Cons

Likelihood to Renew

Usability

Reliability and Availability

Performance

Support

In-Person Training

Online Training

Implementation

Alternatives Considered

Lines of Business and Business Impact

Selection Process

Scalability

Return on Investment

Screenshots

Pricing Details

Anaplan

General

Free Trial

Free/Freemium Version

Premium Consulting/Integration Services

Entry-level set up fee?

Additional Pricing Details

Rating Summary