What users are saying about
Top Rated
207 Ratings
15 Ratings
Top Rated
207 Ratings
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Score 8.4 out of 101
15 Ratings
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Score 8.1 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

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.
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Feature Rating Comparison

Budgeting, Planning, and Forecasting

Anaplan
7.5
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
7.7
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
6.5
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
7.2
S&P Capital IQ
Detailed Audit Trails
Anaplan
6.0
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
8.3
S&P Capital IQ

Analytics

Anaplan
6.7
S&P Capital IQ
Personalized dashboards
Anaplan
5.4
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
7.5
S&P Capital IQ
Benchmarking with external data
Anaplan
7.1
S&P Capital IQ

Integration

Anaplan
8.3
S&P Capital IQ
Flat file integration
Anaplan
8.4
S&P Capital IQ
Excel data integration
Anaplan
8.3
S&P Capital IQ
Direct links to 3rd-party data sources
Anaplan
8.3
S&P Capital IQ

Pros

  • 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
  • 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

  • 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
  • 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

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

Anaplan8.1
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
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

Anaplan6.7
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 was selected by management without technical expertise. Now there is no way back.
Максим Шилиманов profile photo
They provide very detailed information, that is industry specific. You cannot find a better provider for bank website data than SNL. The ease of customization on the website program is unparalleled.
Becky Reid profile photo

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