What users are saying about
Top Rated
207 Ratings
8 Ratings
Top Rated
207 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.4 out of 101
8 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8 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

EnterpriseIQ

EnterpriseIQ is very well suited to a company in the plastics industry as the core software would not need to be modified.
No photo available

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Anaplan
7.5
EnterpriseIQ
Long-term financial planning
Anaplan
7.4
EnterpriseIQ
Financial budgeting
Anaplan
8.1
EnterpriseIQ
Forecasting
Anaplan
7.7
EnterpriseIQ
Scenario modeling
Anaplan
6.5
EnterpriseIQ
Management reporting
Anaplan
7.7
EnterpriseIQ

Consolidation and Close

Anaplan
6.5
EnterpriseIQ
Financial data consolidation
Anaplan
7.7
EnterpriseIQ
Journal entries and reports
Anaplan
6.5
EnterpriseIQ
Multi-currency management
Anaplan
6.2
EnterpriseIQ
Intercompany Eliminations
Anaplan
5.9
EnterpriseIQ
Minority Ownership
Anaplan
6.0
EnterpriseIQ
Local and consolidated reporting
Anaplan
7.2
EnterpriseIQ
Detailed Audit Trails
Anaplan
6.0
EnterpriseIQ

FInancial Reporting and Compliance

Anaplan
7.6
EnterpriseIQ
Financial Statement Reporting
Anaplan
7.0
EnterpriseIQ
Management Reporting
Anaplan
8.3
EnterpriseIQ
Excel-based Reporting
Anaplan
6.9
EnterpriseIQ
Automated board and financial reporting
Anaplan
8.3
EnterpriseIQ

Analytics

Anaplan
6.7
EnterpriseIQ
Personalized dashboards
Anaplan
5.4
EnterpriseIQ
Color-coded scorecards
Anaplan
6.0
EnterpriseIQ
KPIs
Anaplan
7.0
EnterpriseIQ
Cost and profitability analysis
Anaplan
7.0
EnterpriseIQ
Key Performance Indicator setting
Anaplan
7.5
EnterpriseIQ
Benchmarking with external data
Anaplan
7.1
EnterpriseIQ

Integration

Anaplan
8.3
EnterpriseIQ
Flat file integration
Anaplan
8.4
EnterpriseIQ
Excel data integration
Anaplan
8.3
EnterpriseIQ
Direct links to 3rd-party data sources
Anaplan
8.3
EnterpriseIQ

Payroll Management

Anaplan
EnterpriseIQ
10.0
Pay calculation
Anaplan
EnterpriseIQ
10.0
Benefit plan administration
Anaplan
EnterpriseIQ
10.0
Direct deposit files
Anaplan
EnterpriseIQ
10.0
Salary revision and increment management
Anaplan
EnterpriseIQ
10.0
Reimbursement management
Anaplan
EnterpriseIQ
10.0

Customization

Anaplan
EnterpriseIQ
7.0
API for custom integration
Anaplan
EnterpriseIQ
7.0

Security

Anaplan
EnterpriseIQ
8.3
Single sign-on capability
Anaplan
EnterpriseIQ
8.4
Role-based user permissions
Anaplan
EnterpriseIQ
8.2

Reporting & Analytics

Anaplan
EnterpriseIQ
7.4
Dashboards
Anaplan
EnterpriseIQ
7.5
Standard reports
Anaplan
EnterpriseIQ
6.5
Custom reports
Anaplan
EnterpriseIQ
8.2

General Ledger and Configurable Accounting

Anaplan
EnterpriseIQ
8.1
Accounts payable
Anaplan
EnterpriseIQ
8.2
Accounts receivable
Anaplan
EnterpriseIQ
8.2

Inventory Management

Anaplan
EnterpriseIQ
8.9
Inventory tracking
Anaplan
EnterpriseIQ
10.0
Automatic reordering
Anaplan
EnterpriseIQ
8.7
Location management
Anaplan
EnterpriseIQ
9.0
Manufacturing module
Anaplan
EnterpriseIQ
8.0

Order Management

Anaplan
EnterpriseIQ
7.9
Pricing
Anaplan
EnterpriseIQ
8.0
Order entry
Anaplan
EnterpriseIQ
8.4
Credit card processing
Anaplan
EnterpriseIQ
8.0
Cost of goods sold
Anaplan
EnterpriseIQ
7.2

Pros

  • Modeling is next level in Anaplan. With a background deep in Excel modeling and the frustrations that come along with it, Anaplan is a breath of fresh air and is actually fun to build and model in.
  • Dashboarding and synchronization. The synchronization feature in Anaplan is one of the greatest things ever. As its core Anaplan models are built around hierarchical lists and dimensions and using similar dimensions in dashboards allows you to synchronize to different views of the same data with simple clicks around a dashboard. It makes reporting and BI extremely user friendly and flexible.
  • Its fast. If you had the same exact model in Excel and Anaplan. That model in Excel would be like riding and old bike with under-inflated tires, while Anaplan would be like driving a Tesla in Ludicrous mode. The ability to have your entire business modeled on a single platform, potentially across multiple models, where when you make a change the entire model updates within seconds, is invaluable in making decisions.
Chris Friederich profile photo
  • It provides functionality to users in different departments.
  • It provides flexibility in the creation of reports to meet the needs of the business.
  • The software is designed well for a company in the plastics industry.
No photo available

Cons

  • Error handling can be annoying. A single formula error can lock up your model for 2-5 minutes while it reverts back to before you pressed enter, and while its improved a little in the year I've been using Anaplan, there are certain situations where I feel like it could be eliminated or made more efficient.
  • Time subsets would be really nice.
Chris Friederich profile photo
  • The only part of the software in our version I see lacking is the auxiliary equipment tab in the BOM. It really needs to be linked to inventory somehow so that it is its own class and can be scanned to and from the locations it resides in rather than just being tied to the bill of materials.
  • The only weakness is the users not fully utilizing the full functionality of the software in the grasp.
Bev Rosebrough profile photo

Likelihood to Renew

Anaplan8.2
Based on 3 answers
We rely on it heavily. The only way we wouldn't renew is if the price got significantly higher.
Maggie Palumbo profile photo
EnterpriseIQ8.0
Based on 1 answer
Given how invested we are it would be hard not to renew as don't want to go through another implementation.
No photo available

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
EnterpriseIQ7.0
Based on 1 answer
Overall much easier to use than our previous system.
No photo available

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
EnterpriseIQ2.0
Based on 1 answer
Very poor, try to call company support as a last resort as I know how much time it will take out of my day without getting a solution. It seems like the help desk does not have appropriate experience using the software. It would be nice of there was a separate support line to call for more experienced users of the software so we don't get someone just reading from the help file.
No photo available

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
EnterpriseIQ7.0
Based on 1 answer
It is nice that an IQMS employee helps you with the implementation, however they were more of a technical resource than a project management resource. I wish they could provide a more off the shelf timeline given their experience in implementing the system.
No photo available

Alternatives Considered

Anaplan has a much more powerful modelling engine compared to Adaptive Insights. Adaptive might have prettier dashboards, but their product is inferior at it's core. We were impressed by everything Anaplan could do and are glad that we chose it over the competition. We also are very impressed by Anaplan's customer success team and their knowledge
Jake Cosenza profile photo
This is the only software that I have used so I am unable to rate it based on another type of software. My experience with IQ is extensive though, and have worked and learned in all areas and love how this program works. The many different modules are relatively easy to learn and they offer support if you need additional instruction.
Marie Wheaton 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

  • 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
  • Our implementation of warehouse management was probably the best investment our company has made recently. The control gained over our inventory is a tremendous asset and allows to see in an instant whether or not we can meet our customers' demands.
Bev Rosebrough profile photo

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/

EnterpriseIQ

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