What users are saying about
<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
Top Rated
234 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
Top Rated
132 Ratings

Anaplan

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
Top Rated
234 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 8.8 out of 100

BlackLine

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
Top Rated
132 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 9.1 out of 100

Likelihood to Recommend

Anaplan

Anaplan is great for collaborative planning and complex business models that require frequent updates and quick feedback. Ease of use, ease of development, deployment & maintenance accelerates business adoptionIt's not a great reporting or analytics tool. Limited model sizes limit the capability to capture large data sets and need for Data Warehouse for plan over plan & historic analysis and reporting
Rama Narravula | TrustRadius Reviewer

BlackLine

BlackLine is well suited for an organization dealing with high volumes of data or with multiple divisions seeking for integrated reporting and more dynamic analysis and data tracking. It may not be as appropriate for smaller companies with manageable data requirements. Much of the functionality that BlackLine offers may be found as part of a company's existing software packages, though perhaps not with as much functionality or customizability.
David Tilton | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

Anaplan
7.7
BlackLine
Customizable dashboards
Anaplan
7.7
BlackLine

Report Output and Scheduling

Anaplan
8.4
BlackLine
Publish to PDF
Anaplan
8.8
BlackLine
Report Versioning
Anaplan
8.5
BlackLine
Report Delivery Scheduling
Anaplan
7.7
BlackLine

Access Control and Security

Anaplan
9.1
BlackLine
Role-Based Security Model
Anaplan
9.1
BlackLine

Mobile Capabilities

Anaplan
7.3
BlackLine
Responsive Design for Web Access
Anaplan
8.3
BlackLine
Dedicated iOS Application
Anaplan
6.7
BlackLine
Dedicated Android Application
Anaplan
7.3
BlackLine
Dashboard / Report / Visualization Interactivity on Mobile
Anaplan
6.8
BlackLine

Budgeting, Planning, and Forecasting

Anaplan
8.7
BlackLine
Long-term financial planning
Anaplan
8.3
BlackLine
Financial budgeting
Anaplan
8.9
BlackLine
Forecasting
Anaplan
8.8
BlackLine
Scenario modeling
Anaplan
9.0
BlackLine
Management reporting
Anaplan
8.6
BlackLine

Consolidation and Close

Anaplan
7.2
BlackLine
Financial data consolidation
Anaplan
8.4
BlackLine
Journal entries and reports
Anaplan
7.9
BlackLine
Multi-currency management
Anaplan
6.2
BlackLine
Intercompany Eliminations
Anaplan
6.0
BlackLine
Minority Ownership
Anaplan
6.0
BlackLine
Local and consolidated reporting
Anaplan
8.3
BlackLine
Detailed Audit Trails
Anaplan
7.6
BlackLine

Financial Reporting and Compliance

Anaplan
8.5
BlackLine
Financial Statement Reporting
Anaplan
9.0
BlackLine
Management Reporting
Anaplan
8.7
BlackLine
Excel-based Reporting
Anaplan
7.4
BlackLine
Automated board and financial reporting
Anaplan
9.0
BlackLine

Analytics

Anaplan
8.3
BlackLine
Personalized dashboards
Anaplan
9.0
BlackLine
Color-coded scorecards
Anaplan
8.3
BlackLine
KPIs
Anaplan
8.0
BlackLine
Cost and profitability analysis
Anaplan
8.6
BlackLine
Key Performance Indicator setting
Anaplan
8.7
BlackLine
Benchmarking with external data
Anaplan
7.0
BlackLine

Integration

Anaplan
8.3
BlackLine
Flat file integration
Anaplan
8.5
BlackLine
Excel data integration
Anaplan
8.0
BlackLine
Direct links to 3rd-party data sources
Anaplan
8.5
BlackLine

Pros

Anaplan

  • Allows the business to link different planning streams into one place
  • Gives users a single source to view data, no more comparing offline templates in excel
  • Intuitive new UX that allows us to be more customizable when tailoring to needs of end-users
Scott Eckman | TrustRadius Reviewer

BlackLine

  • Task Management is straightforward. Ownership, review, and approval are straightforward and pretty easy to configure and follow.
  • Account Reconciliation works similarly. Supporting documents can be attached to a given rec to ease the audit. If balances change after approved, the approval is peeled back.
  • Integration with our financial system works seamlessly. Configured to run every 4 hours each day, it's helpful to know even when balances change, BlackLine is up-to-date.
Joshua Henke | TrustRadius Reviewer

Cons

Anaplan

  • Enablement -- Anaplan should invest more in both its training capability and training content. Anaplan is not the most difficult tool to learn, but having more foundation in this area would make the ramp-up process significantly easier
  • Storage -- Anaplan is not a data warehouse. This is understandable given data warehousing is not their primary value proposition, but many times we run close to the storage limits of Anaplan, and it would be great if Anaplan had different storage size options for its workspaces.
  • User Interface -- Anaplan's user interface could be streamlined and improved to become more intuitive and accommodate more shortcut keys.
Matthew Kuo | TrustRadius Reviewer

BlackLine

  • There is some inconsistency in design of some of the pages (e.g. the Atlas grid is not always available).
  • Some navigation is frustrating (e.g. you have to use a drop-down menu to add a team rather than being able to start typing and use autocomplete to find the team, some selections such as Designate multi-currency on reconciliations take you back to the top of the page rather than just marking it, etc)
  • Can't delete unused data sources.
Jennifer Nicholoff | TrustRadius Reviewer

Likelihood to Renew

Anaplan

Anaplan 8.2
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 | TrustRadius Reviewer

BlackLine

BlackLine 8.8
Based on 8 answers
  • To continue to enjoy and leverage on the automation functionalities BlackLine offers for this process.
  • Make more gains on running this process efficiently and keep our Finance Teams on high-end value addition projects
  • With a foreseeable increase in transaction volumes when activities pick up, we need a tool we can really on to handle the volume
Anonymous | TrustRadius Reviewer

Usability

Anaplan

Anaplan 8.2
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 | TrustRadius Reviewer

BlackLine

BlackLine 8.8
Based on 46 answers
BlackLine is great as a method of generating consistency across the organization and is easy to use as a preparer of the software. It also provides a method to emphasize the key pieces of information/accounts that are important to the organization and do a minimal amount on accounts that are lower risk.
Anonymous | TrustRadius Reviewer

Reliability and Availability

Anaplan

Anaplan 10.0
Based on 2 answers
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 | TrustRadius Reviewer

BlackLine

No score
No answers yet
No answers on this topic

Performance

Anaplan

Anaplan 9.0
Based on 2 answers
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 | TrustRadius Reviewer

BlackLine

No score
No answers yet
No answers on this topic

Support Rating

Anaplan

Anaplan 9.1
Based on 5 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 | TrustRadius Reviewer

BlackLine

BlackLine 8.8
Based on 112 answers
When needed they are there. In 3 years we haven't needed much with regards to support after our implementation. That being said I feel scheduled consulting and personal reach outs would go a long way to helping support customers as new features and opportunities are pushed out.
Anonymous | TrustRadius Reviewer

In-Person Training

Anaplan

Anaplan 3.0
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 | TrustRadius Reviewer

BlackLine

No score
No answers yet
No answers on this topic

Online Training

Anaplan

Anaplan 5.0
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 | TrustRadius Reviewer

BlackLine

No score
No answers yet
No answers on this topic

Implementation Rating

Anaplan

Anaplan 6.7
Based on 24 answers
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.
Steve Ridgley | TrustRadius Reviewer

BlackLine

BlackLine 9.1
Based on 3 answers
Change is something you deal with on any new implementation. Users were already experienced with SAP Gen template. This was a new way of doing things so education of everyone was critical to success. Selling folks on this was an easier way to do their job was the key to success
Anonymous | TrustRadius Reviewer

Alternatives Considered

Anaplan

During the selection process at the end of 2012, we were thinking of Excel as the main tool, or an in-house software built by ourselves, however, this would have taken us ages, so we checked what is available on the market. Anaplan was a small start-up at that time, but it helped us to ensure we can customize the software to our needs.
Szilvia Havasreti | TrustRadius Reviewer

BlackLine

For FloQast, the answer is easy as they have built their platform around integration with existing Excel workbooks which is exactly what we were trying to get away from. Cadency has a lot of similarities to BlackLine and in some areas it had a more fluid UI experience however the key differentiator was BlackLine's Data Import Template. The DIT allows users to upload directly into BlackLine large amounts of data which becomes crucial whenever updates are made to the company's existing Chart of Accounts.
Michael Restuccia | TrustRadius Reviewer

Scalability

Anaplan

Anaplan 7.0
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 | TrustRadius Reviewer

BlackLine

No score
No answers yet
No answers on this topic

Return on Investment

Anaplan

  • Anaplan has been good to plan future fiscal years, by doing the planning in here and seeing the financial impact certain variables can produce it is easier to make decisions within the company such as hiring, eliminating certain costs etc., to achieve the financial results as set in the company goals.
  • Dashboards have been really helpful for the financial executives as very specific data can be analysed and presented in the dashboards focused to specific financial teams, so it is easier to see the actual results and forecasts.
  • On the negative side, since Anaplan is a complex tool to handle, it is better to have a dedicated resource or resources to the handling in Anplan. Regular business analysts could not handle their regular tasks and doing complex configurations in Anaplan without the help of well trained Anaplan resources, extra dedicated resources are needed to work with Anaplan.
Anonymous | TrustRadius Reviewer

BlackLine

  • Reduction of audit fees due to auditors having full visibility of global entities
  • Reduction of hours preparing reconciliations as the reconciliations roll forward from one month to the next
  • Auto-certification feature lets the accounting team focus on the more complex accounts
Alina J. Orriols | TrustRadius Reviewer

Screenshots

Pricing Details

Anaplan

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional

BlackLine

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

Anaplan
8.8
BlackLine
9.1

Likelihood to Renew

Anaplan
8.2
BlackLine
8.8

Usability

Anaplan
8.2
BlackLine
8.8

Reliability and Availability

Anaplan
10.0
BlackLine

Performance

Anaplan
9.0
BlackLine

Support Rating

Anaplan
9.1
BlackLine
8.8

In-Person Training

Anaplan
3.0
BlackLine

Online Training

Anaplan
5.0
BlackLine

Implementation Rating

Anaplan
6.7
BlackLine
9.1

Scalability

Anaplan
7.0
BlackLine

Add comparison