What users are saying about

Anaplan

Top Rated
205 Ratings

Axiom EPM

2 Ratings

Anaplan

Top Rated
205 Ratings
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Score 8.3 out of 101

Axiom EPM

2 Ratings
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Score 7 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

Axiom EPM

Axiom is ideal for organizations with multiple departments that need to collect, share, and integrate data from common internal data sources. The product is best for very large organizations with a lot of financial backing. I wouldn't suggest using Axiom if you're a small organization or only one department, for example.
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Feature Rating Comparison

Budgeting, Planning, and Forecasting

Anaplan
7.4
Axiom EPM
8.5
Long-term financial planning
Anaplan
7.4
Axiom EPM
9.0
Financial budgeting
Anaplan
8.1
Axiom EPM
9.0
Forecasting
Anaplan
7.7
Axiom EPM
8.0
Scenario modeling
Anaplan
6.5
Axiom EPM
8.0
Management reporting
Anaplan
7.6
Axiom EPM

Consolidation and Close

Anaplan
6.5
Axiom EPM
9.7
Financial data consolidation
Anaplan
7.7
Axiom EPM
10.0
Journal entries and reports
Anaplan
6.6
Axiom EPM
Multi-currency management
Anaplan
6.2
Axiom EPM
Intercompany Eliminations
Anaplan
5.9
Axiom EPM
Minority Ownership
Anaplan
6.0
Axiom EPM
Local and consolidated reporting
Anaplan
7.1
Axiom EPM
9.0
Detailed Audit Trails
Anaplan
6.1
Axiom EPM
10.0

FInancial Reporting and Compliance

Anaplan
7.6
Axiom EPM
8.3
Financial Statement Reporting
Anaplan
7.0
Axiom EPM
8.0
Management Reporting
Anaplan
8.3
Axiom EPM
8.0
Excel-based Reporting
Anaplan
6.9
Axiom EPM
9.0
Automated board and financial reporting
Anaplan
8.0
Axiom EPM
8.0

Analytics

Anaplan
6.7
Axiom EPM
8.7
Personalized dashboards
Anaplan
5.3
Axiom EPM
9.0
Color-coded scorecards
Anaplan
6.0
Axiom EPM
KPIs
Anaplan
7.0
Axiom EPM
Cost and profitability analysis
Anaplan
7.0
Axiom EPM
8.0
Key Performance Indicator setting
Anaplan
7.4
Axiom EPM
Benchmarking with external data
Anaplan
7.2
Axiom EPM
9.0

Integration

Anaplan
8.3
Axiom EPM
9.0
Flat file integration
Anaplan
8.3
Axiom EPM
9.0
Excel data integration
Anaplan
8.3
Axiom EPM
9.0
Direct links to 3rd-party data sources
Anaplan
8.2
Axiom EPM
9.0

Pros

  • Anaplan is great for headcount reporting. We have reports by dept, office location, and subsidiary that is great for planning and also for full company reporting.
  • Although they can be complicated to set up, Anaplan is also great for setting up complex P&L views. For example, setting up a P&L with a combination of subs/depts., that still needs to consolidate to the total P&L.
  • Systems-wise, I like that it's impossible to #REF the model! Anaplan shows you where everything is referenced, so it's very difficult to break anything.
  • I also like that formulas copy across, so there is no chance of pointing to the wrong cell, like in Excel
Dan Shuwarger profile photo
  • Compared to a previous EPM we used, Axiom's template load and saving performance has been much better even for large plan files.
  • Axiom consultants can create completely customized reports for any of the collected data. Super users within your organization can then fairly easily modify their work to create additional reports without Axiom's help (and invoices)
  • Setting up user security is a fairly easy one-time task and very easy to maintain when people change departments, leave the organization, etc. I would recommend you use role-based security settings.
  • Compared to our previous EPM, Axiom allows more customization and possibilities for templates. There's very few "the product can't do that" statements.
No photo available

Cons

  • Error handling can be annoying. A single formula error can lock up your model for 2-5 minutes while it reverts back to before you pressed enter, and while its improved a little in the year I've been using Anaplan, there are certain situations where I feel like it could be eliminated or made more efficient.
  • Time subsets would be really nice.
Chris Friederich profile photo
  • Unfortunately, Axiom only assigned two implementation consultants to our massive project and both were completely new to the product and inexperienced.
  • This isn't really a fault of Axiom, but your organization's data has to be perfect before implementing Axiom. You need a strong project manager within your organization to take the lead in working with Axiom. They should be very familiar with the source data and what's important to all your internal stakeholders. The Axiom team needs to be clearly told exactly what you need from them.
  • We never truly felt confident anyone from Axiom was really familiar with the source tables and data being used. I would suggest in any project they make that a priority early on. Not being familiar with the data caused a list of issues regarding reporting and template construction.
No photo available

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
No score
No answers yet
No answers on this topic

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
No score
No answers yet
No answers on this topic

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
No score
No answers yet
No answers on this topic

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
No score
No answers yet
No answers on this topic

Support

Anaplan8.0
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
Axiom EPM7.0
Based on 1 answer
For the scale of our implementation, Axiom only assigned two consultants who were both completely new to the company. It felt like we were all learning about the product together, when you would expect them to already be experts at their own product. The team also made a good bit of mistakes throughout production and go-live, which then caused more work internally for us. The team lead for our project also just left the company, so we'll see how next year's planning goes
No photo available

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
No score
No answers yet
No answers on this topic

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
No score
No answers yet
No answers on this topic

Implementation

Anaplan6.8
Based on 12 answers
Implementation using Anaplan's internal customer success team left much to be desired. We've found much better success with outside consultants
Christopher Pope profile photo
No score
No answers yet
No answers on this topic

Alternatives Considered

Anaplan has a much more powerful modelling engine compared to Adaptive Insights. Adaptive might have prettier dashboards, but their product is inferior at it's core. We were impressed by everything Anaplan could do and are glad that we chose it over the competition. We also are very impressed by Anaplan's customer success team and their knowledge
Jake Cosenza profile photo
Vena was a strong product, but only our department within the University used it for budgeting. The entire university chose Axiom for the increased scale and capacity. The loading and saving performance of Axiom is slightly better than Vena. Also, Axiom provides more template and report customization. Vena definitely excelled more in their support and staffing and was much cheaper (so I'm told) than Axiom
No photo available

Lines of Business and Business Impact

We as a company had already been using business intelligence software, so it was not as dramatic a leap from someone who is say using Excel for budgeting and forecasting purposes. In general, multi-dimension modeling is far superior to using Excel. Having all the data consolidated and rolling up properly in one place is without having to consolidate multiple spreadsheet is invaluable and far more efficient.
Steve Favorito profile photo
No answers on this topic

Selection Process

Adaptive and Host Analytics
More flexible and able to handle more data.
Tommy Bettles profile photo
No answers on this topic

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
No score
No answers yet
No answers on this topic

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
  • This is only the first year of implementation for the university, so the ROI is yet to be fully seen. For our department, which is the largest in the university, I think the ROI has been fairly high as our users have had more built-in resources within their plan files than they had previously.
No photo available

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/

Axiom EPM

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No
Additional Pricing Details