What users are saying about
212 Ratings
17 Ratings
212 Ratings
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Score 8.1 out of 101
17 Ratings
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Score 7.7 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

S&P Capital IQ

Cap IQ is well suited for analyzing security pricing and valuation, tracking stock performance over time, looking up comparable transactions, and analyzing valuations on an industry basis. The service is also well suited for charting and data analysis purposes.
No photo available

Feature Rating Comparison

BI Standard Reporting

Anaplan
6.8
S&P Capital IQ
Customizable dashboards
Anaplan
6.8
S&P Capital IQ

Report Output and Scheduling

Anaplan
7.0
S&P Capital IQ
Publish to PDF
Anaplan
7.9
S&P Capital IQ
Report Versioning
Anaplan
7.4
S&P Capital IQ
Report Delivery Scheduling
Anaplan
5.8
S&P Capital IQ

Mobile Capabilities

Anaplan
6.3
S&P Capital IQ
Responsive Design for Web Access
Anaplan
6.3
S&P Capital IQ

Budgeting, Planning, and Forecasting

Anaplan
8.0
S&P Capital IQ
Long-term financial planning
Anaplan
6.9
S&P Capital IQ
Financial budgeting
Anaplan
8.3
S&P Capital IQ
Forecasting
Anaplan
8.7
S&P Capital IQ
Scenario modeling
Anaplan
8.0
S&P Capital IQ
Management reporting
Anaplan
8.2
S&P Capital IQ

Consolidation and Close

Anaplan
6.9
S&P Capital IQ
Financial data consolidation
Anaplan
8.2
S&P Capital IQ
Journal entries and reports
Anaplan
6.8
S&P Capital IQ
Multi-currency management
Anaplan
6.2
S&P Capital IQ
Intercompany Eliminations
Anaplan
6.0
S&P Capital IQ
Minority Ownership
Anaplan
6.0
S&P Capital IQ
Local and consolidated reporting
Anaplan
8.0
S&P Capital IQ
Detailed Audit Trails
Anaplan
7.4
S&P Capital IQ

FInancial Reporting and Compliance

Anaplan
7.1
S&P Capital IQ
Financial Statement Reporting
Anaplan
8.8
S&P Capital IQ
Management Reporting
Anaplan
8.8
S&P Capital IQ
Excel-based Reporting
Anaplan
1.9
S&P Capital IQ
Automated board and financial reporting
Anaplan
8.7
S&P Capital IQ

Analytics

Anaplan
6.3
S&P Capital IQ
Personalized dashboards
Anaplan
6.0
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
6.1
S&P Capital IQ
Key Performance Indicator setting
Anaplan
5.9
S&P Capital IQ
Benchmarking with external data
Anaplan
7.1
S&P Capital IQ

Integration

Anaplan
7.8
S&P Capital IQ
Flat file integration
Anaplan
8.4
S&P Capital IQ
Excel data integration
Anaplan
6.6
S&P Capital IQ
Direct links to 3rd-party data sources
Anaplan
8.6
S&P Capital IQ

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

S&P Capital IQ

  • You can use it on any device, and do not have to go to a terminal and leave your desk.
  • Interactive PDF reports can be exported, Bloomberg is not that good at this.
  • Balance sheets, Profit & Loss Statements and so on.
No photo available

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

S&P Capital IQ

  • I used Capital IQ mostly to value equity and fixed income securities. Sometimes it was easier to find what I was looking for on Bloomberg with the keyboard shortcuts. Then again there was some information that was much easier to obtain through Cap IQ.
Caitlin A. Mabe 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

S&P Capital IQ

S&P Capital IQ 10.0
Based on 1 answer
[It's the] best ever.
Becky Reid 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

S&P Capital IQ

No score
No answers yet
No answers on this topic

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

S&P Capital IQ

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

S&P Capital IQ

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

S&P Capital IQ

No score
No answers yet
No answers on this topic

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

S&P Capital IQ

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

S&P Capital IQ

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

S&P Capital IQ

No score
No answers yet
No answers on this topic

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

S&P Capital IQ

It's ease of use and customer support is superior to anything that is in the market. It also seems a lot more accurate than the other tools I have used.
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

S&P Capital IQ

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

S&P Capital IQ

  • Cap IQ has helped tremendously with employee efficiency when it comes to investment analysis and gaining market perspective. The service is relied upon for use in financial modeling as well.
No photo available

Pricing Details

Anaplan

General

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

S&P Capital IQ

General

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

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