What users are saying about

Anaplan

Top Rated
205 Ratings

BlackLine

15 Ratings

Anaplan

Top Rated
205 Ratings
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Score 8.3 out of 101

BlackLine

15 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.2 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

BlackLine

I ranked it high at a 7/10 primarily because there's not much competition. It generally gets the job done, but they could really up their game with healthy competition. There are a few other modules, like Consolidations and Variance Analysis, we do not use and could benefit us.For our use, it's overkill as a glorified checklist. This is our primary use and, while important, is pretty expensive, given how many user licenses we need.We are beginning to enable multiple subsidiaries and multiple currency. It's capabilities here and the knowledge fo the Product Manager are encouraging. Seems straightforward, conceptually.
Joshua Henke profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Anaplan
7.4
BlackLine
Long-term financial planning
Anaplan
7.4
BlackLine
Financial budgeting
Anaplan
8.1
BlackLine
Forecasting
Anaplan
7.7
BlackLine
Scenario modeling
Anaplan
6.5
BlackLine
Management reporting
Anaplan
7.6
BlackLine

Consolidation and Close

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

FInancial Reporting and Compliance

Anaplan
7.5
BlackLine
Financial Statement Reporting
Anaplan
7.0
BlackLine
Management Reporting
Anaplan
8.3
BlackLine
Excel-based Reporting
Anaplan
6.9
BlackLine
Automated board and financial reporting
Anaplan
8.0
BlackLine

Analytics

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

Integration

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

Pros

  • Real - time - the cloud based technology allows all changes & its impact is visible in real time.
Szilvia Havasreti profile photo
  • 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

  • I believe user set up within Anaplan is one of the areas that could be improved greatly.
  • Workflow is another area that I believe could be improved. Currently, I do not believe, there is a way to create an action against workflow. This would be a great benefit rather than moving the item to complete or in progress if you could write an action for it.
Matthew Cantwell profile photo
  • Support can be weak at times
  • Cloud-based so updates are pushed through to users
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
BlackLine5.0
Based on 1 answer
They're responsive, kind and patient, but communication skills and basic business acumen lack.
Joshua Henke 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
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
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
No score
No answers yet
No answers on this topic

Alternatives Considered

Anaplan was selected by management without technical expertise. Now there is no way back.
Максим Шилиманов profile photo
To my knowledge, BlackLine is the de facto leader in the space hence we went with them at my last two companies. We are pleased with our selection and would implement them again at a future company.
No photo available

Lines of Business and Business Impact

While we have not done a formal ROI calculation on our Anaplan implementation it has benefited our business in a number of ways:1. Error avoidance - Once a process is built there is no worrying about which version of the spreadsheet am I looking at!2. Data validation - I personally saved >10 hours per week that I used to spend manipulating and validating data coming and going to and from different sources.3. Analysis - By vastly improving our tool and processes we now can build and perform analyses that we never even considered before Anaplan.4. Repeatable - No longer is our process dependent on tribal knowledge or a specific individual to maintain or repair.
Brent Orr 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
  • Enabled Accounting team to stay coordinated during critical month end close period.
  • Increased coordination enabled the team to shorten close cycle, which enables financial reporting to start earlier — a huge win.
  • Solution helps our CAO rest easy knowing close will go smoothly.
  • Allows teams to easily track where there are breakdowns in the close process.
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/

BlackLine

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