What users are saying about
212 Ratings
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80 Ratings
212 Ratings
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Score 8.1 out of 101

BlackLine

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80 Ratings
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Score 8.7 out of 101

Likelihood to Recommend

Anaplan

Well Suited
  • Any process that you expect to change frequently.
  • A process within a dynamic environment, such as high tech / the startup world, where you expect significant business process changes.
  • Any process that requires a significant number of collaborators.
  • Any process where you intend for users to update logic with Excel-like formulas.
  • Any process where using Google Docs has failed to accommodate your needs for data integrity.
Less Appropriate
  • Data visualization - Anaplan has capabilities here, but other tools are more focused on this.
  • Data storage - Anaplan is not a data warehouse and has limits on what you can store.
Matthew Kuo profile photo

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 profile photo

Feature Rating Comparison

BI Standard Reporting

Anaplan
6.8
BlackLine
Customizable dashboards
Anaplan
6.8
BlackLine

Report Output and Scheduling

Anaplan
7.0
BlackLine
Publish to PDF
Anaplan
7.9
BlackLine
Report Versioning
Anaplan
7.4
BlackLine
Report Delivery Scheduling
Anaplan
5.8
BlackLine

Mobile Capabilities

Anaplan
6.3
BlackLine
Responsive Design for Web Access
Anaplan
6.3
BlackLine

Budgeting, Planning, and Forecasting

Anaplan
8.0
BlackLine
Long-term financial planning
Anaplan
6.9
BlackLine
Financial budgeting
Anaplan
8.3
BlackLine
Forecasting
Anaplan
8.7
BlackLine
Scenario modeling
Anaplan
8.1
BlackLine
Management reporting
Anaplan
8.2
BlackLine

Consolidation and Close

Anaplan
7.0
BlackLine
Financial data consolidation
Anaplan
8.2
BlackLine
Journal entries and reports
Anaplan
6.8
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
8.0
BlackLine
Detailed Audit Trails
Anaplan
7.4
BlackLine

FInancial Reporting and Compliance

Anaplan
7.1
BlackLine
Financial Statement Reporting
Anaplan
8.9
BlackLine
Management Reporting
Anaplan
8.8
BlackLine
Excel-based Reporting
Anaplan
1.9
BlackLine
Automated board and financial reporting
Anaplan
8.7
BlackLine

Analytics

Anaplan
6.3
BlackLine
Personalized dashboards
Anaplan
6.0
BlackLine
Color-coded scorecards
Anaplan
6.0
BlackLine
KPIs
Anaplan
7.0
BlackLine
Cost and profitability analysis
Anaplan
6.1
BlackLine
Key Performance Indicator setting
Anaplan
5.8
BlackLine
Benchmarking with external data
Anaplan
7.1
BlackLine

Integration

Anaplan
7.8
BlackLine
Flat file integration
Anaplan
8.4
BlackLine
Excel data integration
Anaplan
6.6
BlackLine
Direct links to 3rd-party data sources
Anaplan
8.6
BlackLine

Pros

Anaplan

  • 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

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 profile photo

Cons

Anaplan

  • Performance - in the case of complex business cases, the size of Anaplan is increasing drastically, and even a simple click would take more than it should.
  • UI - The User interface needs to be improved: group/expand hierarchy, "Ctrl " + select option to allow multi selection, Content page clean up, easier "Drag & drop" when customizing or building exports.
  • Review & enhance the type of security user roles.
Szilvia Havasreti profile photo

BlackLine

  • Workflow tracking capability in the Compliance module.
  • The worksheet that is a UDF in the Compliance module could have better functionality. It doesn't have all the capabilities of true Excel, so we don't currently use it. It would be great if we could copy information (including formulas and formatting) into the worksheet.
Megan Remich profile photo

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 profile photo

BlackLine

BlackLine 8.6
Based on 6 answers
The Blackline team is very innovative and allows coming out with new releases and finding ways to keep up with technology. They really listen to their customers for product improvements.
Yvette Lightfoot, MBA profile photo

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 profile photo

BlackLine

BlackLine 9.1
Based on 3 answers
This product is so user friendly. The support staff is so easy to work back & forth with on the blackline community site. The journal module is very easy to master & start using immediately. The account recon module is as well and very user friendly. I would recommend this product to anyone
No photo available

Reliability and Availability

Anaplan

Anaplan 10.0
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

BlackLine

No score
No answers yet
No answers on this topic

Performance

Anaplan

Anaplan 9.0
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

BlackLine

No score
No answers yet
No answers on this topic

Support

Anaplan

Anaplan 8.1
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

BlackLine

BlackLine 8.0
Based on 65 answers
I have not had to use support directly outside of Blackline U and the community (which is very effective!). I have been told by our main administrator who directed the implementation that he is extremely pleased with the support provided - especially as compared to other companies we have support contracts with.
No photo available

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 profile photo

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 profile photo

BlackLine

No score
No answers yet
No answers on this topic

Implementation

Anaplan

Anaplan 6.7
Based on 12 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 profile photo

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
No photo available

Alternatives Considered

Anaplan

Anaplan was an easy choice because two other divisions in our company used it in limited ways - either only sales ops or financial reporting. In addition, it was the hands down best choice given the complexity and size of our organization. We operate in a highly matrixed organization across the globe therefore, we needed a powerful and flexible platform; not all options allowed for this flexibility nor were they suited for large multi-national companies.
Tara Kirby profile photo

BlackLine

BlackLine showed a commitment to continuous innovation and improvement of their product. We are on this accounting transformation journey for the long-haul and we need a business partner that is committed to finding solutions to our problems - Including our problems today and our problems next year. BlackLine has a deep support team and an extensive online training resource that assists with onboarding.
No photo available

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 profile photo

BlackLine

No score
No answers yet
No answers on this topic

Return on Investment

Anaplan

  • I'm sure the impact is positive. We have streamlined many processes and created capacity for our finance team.
  • It's great to have "one source of truth" and know that everyone is looking at the same metrics.
Kelley Haghighi profile photo

BlackLine

  • Transaction matching has had a positive impact on our cash account reconciliation. We are now able to reconcile the account within the closing cycle without additional overtime hours.
  • The task module has also increased visibility. It has allowed us the opportunity to move different tasks to earlier time frames helping spread out the work load.
  • The CIM module has decreased the preparation time by at least 50 percent. The control and reliability of the reconciliation has also been improved significantly.
No photo available

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

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