What users are saying about
Top Rated
206 Ratings
Top Rated
206 Ratings
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Score 8.4 out of 101

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Likelihood to Recommend

Anaplan

Sales performance management, various finance scenarios - Anaplan is good for automating calculations. It is less appropriate for very complex business cases.
Szilvia Havasreti profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Anaplan
7.5
Long-term financial planning
Anaplan
7.4
Financial budgeting
Anaplan
8.1
Forecasting
Anaplan
7.7
Scenario modeling
Anaplan
6.5
Management reporting
Anaplan
7.7

Consolidation and Close

Anaplan
6.5
Financial data consolidation
Anaplan
7.7
Journal entries and reports
Anaplan
6.5
Multi-currency management
Anaplan
6.2
Intercompany Eliminations
Anaplan
5.9
Minority Ownership
Anaplan
6.0
Local and consolidated reporting
Anaplan
7.1
Detailed Audit Trails
Anaplan
6.1

FInancial Reporting and Compliance

Anaplan
7.6
Financial Statement Reporting
Anaplan
7.0
Management Reporting
Anaplan
8.3
Excel-based Reporting
Anaplan
6.9
Automated board and financial reporting
Anaplan
8.2

Analytics

Anaplan
6.7
Personalized dashboards
Anaplan
5.4
Color-coded scorecards
Anaplan
6.0
KPIs
Anaplan
7.0
Cost and profitability analysis
Anaplan
7.0
Key Performance Indicator setting
Anaplan
7.5
Benchmarking with external data
Anaplan
7.2

Integration

Anaplan
8.3
Flat file integration
Anaplan
8.4
Excel data integration
Anaplan
8.3
Direct links to 3rd-party data sources
Anaplan
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.
Tara Kirby profile photo

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.
Michael McIntosh profile photo

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
Joe Bradbury profile photo

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.
Chris Friederich profile photo

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.
Joe Bradbury profile photo

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.
Joe Bradbury profile photo

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.
Joe Bradbury profile photo

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.
Joe Bradbury profile photo

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/
Joe Bradbury profile photo

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.
Joe Bradbury profile photo

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
Andrew Paston profile photo

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.
Andrew Paston profile photo

Selection Process

Adaptive and Host Analytics
More flexible and able to handle more data.
Tommy Bettles profile photo

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.
Joe Bradbury profile photo

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
Joe Bradbury profile photo

Pricing Details

Anaplan

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/