What users are saying about

Anaplan

Top Rated
205 Ratings

S&P Capital IQ

15 Ratings

Anaplan

Top Rated
205 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.3 out of 101

S&P Capital IQ

15 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.1 out of 101

Add comparison

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

S&P Capital IQ

S&P Capital IQ is very good for office environments, where the employees have to log in from different machines and locations. Everyone gets login information and uses the devices on hand, while if you only have Bloomberg you are bound to a terminal. The information is reliable for initial itching but has to be double checked for anything further of course.
No photo available

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Anaplan
7.4
S&P Capital IQ
Long-term financial planning
Anaplan
7.4
S&P Capital IQ
Financial budgeting
Anaplan
8.1
S&P Capital IQ
Forecasting
Anaplan
7.7
S&P Capital IQ
Scenario modeling
Anaplan
6.5
S&P Capital IQ
Management reporting
Anaplan
7.6
S&P Capital IQ

Consolidation and Close

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

FInancial Reporting and Compliance

Anaplan
7.6
S&P Capital IQ
Financial Statement Reporting
Anaplan
7.0
S&P Capital IQ
Management Reporting
Anaplan
8.3
S&P Capital IQ
Excel-based Reporting
Anaplan
6.9
S&P Capital IQ
Automated board and financial reporting
Anaplan
8.0
S&P Capital IQ

Analytics

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

Integration

Anaplan
8.3
S&P Capital IQ
Flat file integration
Anaplan
8.3
S&P Capital IQ
Excel data integration
Anaplan
8.3
S&P Capital IQ
Direct links to 3rd-party data sources
Anaplan
8.2
S&P Capital IQ

Pros

  • Real - time - the cloud based technology allows all changes & its impact is visible in real time.
Szilvia Havasreti profile photo
  • Exceptional customer service 24/7! They are always there and always give me exactly what I need usually within an hour or for larger research projects within 8 hours.
  • Extremely well-informed people on every level. They deal with complex and ever changing data with stellar expertise.
  • Always up, always accurate and they pay you if you find an error in their data. I have collected exactly twice in 15 years over thousands of companies and documents. It is a coupe to get a reward from SNL!
Becky Reid profile photo

Cons

  • I'd like to see a back button. While there is restore from backup, it is a long process that only Admins can perform. And all users lose changes of course.
  • As an Admin, my #1 request is: why can't we select multiple list members with check boxes? For example, if I have a list of depts., and want to see HR + Recruiting (two list members). Yes, I can build a line item that does that. But every combination of list members must be custom built.
  • Another one that I get asked for are hierarchies for line items. For example, if I have a List on pages, there will be "+" to group items. For example, I might have Finance, HR, and Recruiting, all in "G&A" which I could then open the "+" to expand and collapse (G&A) to show the detail. If I am pivoted on a Line Item on pages, this isn't possible.
  • Another big one I get asked for, is "why can't I save views?!" Of course Admins can, but I think users would really appreciate it this one. Please consider it!
Dan Shuwarger profile photo
  • User Interface. While Cap IQ is generally user friendly, the software can be unwieldy on certain internet browsers, and methods for compiling specific market data can be challenging at times (as it relates to charting).
  • Debt Market Data. Cap IQ's capabilities on reporting bankruptcies and statistics related to bankruptcies could use some refining, particularly for investors who frequently look at distressed debt or special situations investments.
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
S&P Capital IQ10.0
Based on 1 answer
[It's the] best ever.
Becky Reid 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
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
No score
No answers yet
No answers on this topic

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 requires less IT support and its calculation engine is far more powerful. Anaplan is also less expensive when total cost of ownership is considered. We also liked that you're able to use Anaplan for a variety of business planning functions rather than having a bespoke tool for budgets or commissions or demand planning etc.
Christopher Pope profile photo
No photo available

Lines of Business and Business Impact

We've been able to reduce our spending on planning software and support. We've also been able to integrate monthly outlooks into our planning process rather than only being able to do quarterly budgets while doing the monthly outlooks in excel. Our planning process has become more flexible and we're able to see impacts of changes to the plan more quickly
Christopher Pope 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
  • We were a boutique investment bank, so it helped multiple people doing their job at the same time instead of waiting for a turn on the Bloomberg terminal.
  • Brought more interactive reports in PDF format to the table.
  • Saved some money, if I have to go basic.
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/

S&P Capital IQ

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