Anaplan vs. IBM Planning Analytics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Anaplan
Score 8.5 out of 10
Enterprise companies (1,001+ employees)
Anaplan is a scenario planning and analysis platform designed to optimize decision-making in complex business environments so that enterprises can outpace their competition and the market. By building connections and collaboration across organizational silos, the Anaplan platform surfaces key insights.N/A
IBM Planning Analytics
Score 8.4 out of 10
N/A
IBM Planning Analytics, powered by IBM TM1®, is an integrated planning solution designed to promote collaboration across the organization and help keep pace with the speed of modern business. With its calculation engine, this enterprise performance management solution is designed to help users move beyond the limits of spreadsheets, automating the planning process to drive faster, more accurate results. Use it to unify data sources into one single repository, enabling users to build…
$825
per month 5 users
Pricing
AnaplanIBM Planning Analytics
Editions & Modules
No answers on this topic
Essentials
$825
per month 5 users
Standard
$1,650
per month 10 users
Offerings
Pricing Offerings
AnaplanIBM Planning Analytics
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalOptional
Additional Details
More Pricing Information
Community Pulse
AnaplanIBM Planning Analytics
Considered Both Products
Anaplan
Chose Anaplan
Anaplan was cheaper or similar cost to the competition.
Anaplan was able to fit more use cases.
Anaplan was a flexible modeling tool that had greater future project potential compared to other tools.
Chose Anaplan
Anaplan is an evolution of classic EPM tools like SAP BPC. It is simply a much easier system to maintain and roll-out. Dashboards are very user friendly and the Excel add-in is just as powerful. Anaplan excels at connected planning where all models are connected and rolled up …
Chose Anaplan
I believe Anaplan is a more complete tool with a wider range of use-cases and more true connected planning.
Chose Anaplan
Very comparable products and recommendation depends on technology footprint within organization
Chose Anaplan
Anaplan is not a point solution. Instead of having multiple systems that each do one business process (and can only do that business process in one way), Anaplan can do many different business processes for multiple business units. Sales, Finance, HR and other parts of the …
Chose Anaplan
Jedox has limited the standard dimensions to 6 only in the financial workspace. If you need any other custom dimension, it has to be defined in analytical workspace. However, data interchange between Financial Workspace and Analytical workspaces are not real-time and rely on …
Chose Anaplan
Essbase/HFM were hosted on-prem and required regular maintenance from the vendor. The tools were good at the simple tasks of consolidation and relatively simple allocation/calculations. Anaplan is a cloud-hosted platform that can be accessed almost anywhere with an internet …
Chose Anaplan
Creating financial forecasts in Anaplan was a big improvement over doing the same activity in Microsoft Excel. The main difference is that Anaplan makes it easier to build models based on large amounts of data and to forecast concurrently with many users across your …
Chose Anaplan
I think Anaplan is a better and more mature product than SAP SAC, but SAC has a better integration with its core modules and BW platforms.
Chose Anaplan
Anaplan offers faster performance. The modelling tool is user oriented.
Chose Anaplan
We like Anaplan for its flexibility, out-of-the-box starting apps, speed to deploy, and ability to maintain long-term.
Chose Anaplan
Anaplan feels like the golden standard. Pigment lacks necessary functionality like actions.
Chose Anaplan
Anaplan vs Oracle Hyperion - Anaplan is far better calculation engine and way more modern. However, Anaplan still struggles to provide reporting, especially adhoc reporting in excel based off a data model.

Anaplan vs Pigment - Anaplan is a more proven product, however, Pigment …
Chose Anaplan
Definitely a leader in the space. Far ahead in terms of capabilities. On the high end in terms of end user experience.
Chose Anaplan
Anaplan is easier to implement, easier to use, easier to maintain than these tools. It scales easily with the business. Workflows are easy to implement. It is easy to drill down and understand how the tool obtained a specific result, giving confidence in its calculations. …
Chose Anaplan
Easy of use is Anaplan's main advantage. As Anaplan is code-less configuration, and the logic for model building is by far the simplest, it would make the learning curve less steep. This is very important when we are showing our clients that, their complicated planning scenario …
Chose Anaplan
Anaplan is one of the only tools flexible to handle bespoke commission calculations. In addition to Sales Performance Management, Anaplan can be used to support other business functions, such as workforce planning or financial planning & analysis. Anaplan provides the …
Chose Anaplan
Anaplan is a proven tool for scalable applications and is flexible to support multiple use cases. Its support is established and the user community is strong. Resources to support the product are readily available.
Chose Anaplan
Anaplan is more powerful than Pigment considering that it is an Enterprise class system and is able to manage bigger data sets. Anaplan allows for advanced scenario modeling and formula capabilities along with custom reporting functionalities. Anaplan has proven its …
Chose Anaplan
Anaplan and these other tools are very similar. I cannot say that I selected Anaplan over them as I have worked with and been involved with setting up a number of tools for clients. They all have their advantages and Anaplan is a very strong tool in the cloud planning space.
Chose Anaplan
can be implemented across multiple use cases- also Anaplan is an enterprise solution. Had good reviews in market and also used by other competitors in industry
IBM Planning Analytics
Chose IBM Planning Analytics
If compared to Excel, it eliminates version control issues and manual consolidation, which saves time and reduces errors.
On the other hand, if we compared with Hyperion, IBM Planning Analytics is more agile and user-friendly, especially with the Excel integration (PAx) and the …
Chose IBM Planning Analytics
IBM Planning Analytics was far more robust and worked well with our existing tools and processes.
Chose IBM Planning Analytics
The overall tool is robust and complete in its capabilities.
It has an edge over other competitors and state of art technology.
Chose IBM Planning Analytics
For strong technical teams and flexibility IBM Planning Analytics is the way to go. For quicker adoption and less technical teams Anaplan is the best option. If consolidation, financials, and moving from legacy tools are main focus than OneStream will be a really good choice. …
Chose IBM Planning Analytics
It is truly hard to compare both products. I like both products and would suggest choosing one but trying both. Some things are better through IBM Planning Analytics and some things are better through the IBM Analytics engine. Ultimately I believe that IBM Planning Analytics …
Chose IBM Planning Analytics
instead several, manual maintained excel spreadsheets, we have now implemented a save repeatable process to get data in and out to the users
Chose IBM Planning Analytics
We chose IBM Planning Analytics because we find that it still uniquely positions with OLAP engine
Chose IBM Planning Analytics
IBM Planning Analytics is my primary focus
Chose IBM Planning Analytics
IBM watsonx.ai and IBM Cognos Analytics
Chose IBM Planning Analytics
In our organization, we chose IBM Planning Analytics because, in our opinion, IBM Planning Analytics has more features
Chose IBM Planning Analytics
IBM Planning Analytics flexibility is what makes it stand out between the others. Generally in other platforms you are restricted to predefined flows. Although it sounds good in the beginning, when you start using those systems you face some challenges when trying to adapt new …
Chose IBM Planning Analytics
Workday Adaptive Planning is really tough to set up and use as a fresher. So I have always faced difficulties helping new joinees to set up and use it. But with IBM Planning Analytics, it is more straightforward and easier to use with a good interface.
Chose IBM Planning Analytics
As it is related to MS Excel, IBM Planning Analytics is a much more robust and complete solution for the CFO or COO in mind. Oracle Hyperion stacks up nicely against IBM Planning Analytics. However, IBM's investment in AI allows Planning Analytics users more options and speed.
Chose IBM Planning Analytics
It includes Oracle Cloud EPM Planning, Anaplan, and Adaptive Insight before deciding to choose IBM Planning Analytics. We selected Planning Analytics because of its work with complicated and many area models, the capability to work with big amounts of data, and compatibility …
Chose IBM Planning Analytics
Other options, namely Anaplan, Oracle EPM Cloud, and SAP Analytics Cloud, were also considered. Anaplan's interface lacked analytical depth. For product design metrics, flexibility was not as good in Oracle EPM Cloud. The final choice was moved by the fact that it was driven …
Chose IBM Planning Analytics
Prior to making the decision to go with IBM Planning Analytics, we had considered such options as Anaplan, Oracle Hyperion, and SAP Analytics Cloud. Despite the collaborative solutions offered by Anaplan and the good connection with other systems by SAP, the superb set of tool …
Chose IBM Planning Analytics
In this case, Vena and Planful are considered as other products that can be compared with IBM Planning Analytics, but among them, IBM Planning Analytics is more optimal in terms of user interface and integration. Its preconfigure risk assessment model and its format and …
Chose IBM Planning Analytics
This was an older verions that was also very good, but the new IBM Planning Analytics is a far better tool that enables better scenario planning or what-if analysis.
Chose IBM Planning Analytics
IBM PA is like having pivot tables on steroids. Possibilities are endless.
Chose IBM Planning Analytics
Ability to plan more products, locations, customers
Less expensive
Client already had IBM PA for FP&A
Chose IBM Planning Analytics
Sandboxing,Integration and Flexibility
Chose IBM Planning Analytics
IBM Planning Analytics is easier to use and setup for me. Easier to make reports. Works fast
Chose IBM Planning Analytics
We have been using IBM Planning Analytics and haven't explored other products that could cover our business needs.
Features
AnaplanIBM Planning Analytics
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Anaplan
7.2
Ratings
5% below category average
IBM Planning Analytics
7.5
Ratings
1% below category average
Pixel Perfect reports6.40 Ratings7.30 Ratings
Customizable dashboards7.40 Ratings7.30 Ratings
Report Formatting Templates7.90 Ratings7.70 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Anaplan
9.1
Ratings
16% above category average
IBM Planning Analytics
7.6
Ratings
2% below category average
Drill-down analysis9.10 Ratings7.90 Ratings
Formatting capabilities9.10 Ratings7.40 Ratings
Report sharing and collaboration9.10 Ratings7.80 Ratings
Integration with R or other statistical packages00 Ratings7.40 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Anaplan
8.1
Ratings
1% above category average
IBM Planning Analytics
8.0
Ratings
0% below category average
Publish to Web8.60 Ratings7.90 Ratings
Publish to PDF8.00 Ratings7.90 Ratings
Report Versioning8.10 Ratings8.30 Ratings
Report Delivery Scheduling7.90 Ratings7.90 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Anaplan
8.2
Ratings
10% above category average
IBM Planning Analytics
7.3
Ratings
2% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)9.10 Ratings7.70 Ratings
Location Analytics / Geographic Visualization9.10 Ratings6.80 Ratings
Predictive Analytics6.40 Ratings7.80 Ratings
Pattern Recognition and Data Mining00 Ratings6.80 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Anaplan
9.1
Ratings
8% above category average
IBM Planning Analytics
7.8
Ratings
7% below category average
Multi-User Support (named login)9.10 Ratings7.80 Ratings
Role-Based Security Model8.80 Ratings7.40 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.10 Ratings8.00 Ratings
Report-Level Access Control9.40 Ratings7.50 Ratings
Single Sign-On (SSO)9.10 Ratings8.30 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Anaplan
6.9
Ratings
7% below category average
IBM Planning Analytics
7.1
Ratings
5% below category average
Responsive Design for Web Access7.50 Ratings7.50 Ratings
Mobile Application6.60 Ratings6.70 Ratings
Dashboard / Report / Visualization Interactivity on Mobile6.90 Ratings5.90 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Anaplan
8.9
Ratings
9% above category average
IBM Planning Analytics
8.7
Ratings
7% above category average
Long-term financial planning9.40 Ratings8.30 Ratings
Financial budgeting9.50 Ratings8.70 Ratings
Forecasting9.10 Ratings9.30 Ratings
Scenario modeling9.00 Ratings9.00 Ratings
Management reporting7.30 Ratings8.30 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Anaplan
7.6
Ratings
2% below category average
IBM Planning Analytics
8.4
Ratings
8% above category average
Financial data consolidation8.00 Ratings9.20 Ratings
Journal entries and reports7.50 Ratings9.30 Ratings
Multi-currency management7.30 Ratings8.20 Ratings
Intercompany Eliminations7.30 Ratings8.30 Ratings
Minority Ownership7.30 Ratings8.80 Ratings
Local and consolidated reporting7.80 Ratings7.20 Ratings
Detailed Audit Trails8.40 Ratings7.80 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Anaplan
8.2
Ratings
4% above category average
IBM Planning Analytics
8.4
Ratings
6% above category average
Financial Statement Reporting8.90 Ratings8.00 Ratings
Management Reporting8.40 Ratings8.50 Ratings
Excel-based Reporting8.20 Ratings9.30 Ratings
Automated board and financial reporting8.20 Ratings9.20 Ratings
XBRL support for regulatory filing7.30 Ratings6.80 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Anaplan
8.9
Ratings
10% above category average
IBM Planning Analytics
8.3
Ratings
3% above category average
Personalized dashboards8.40 Ratings8.90 Ratings
Color-coded scorecards8.60 Ratings7.90 Ratings
KPIs9.10 Ratings8.20 Ratings
Cost and profitability analysis9.00 Ratings8.00 Ratings
Key Performance Indicator setting9.00 Ratings8.30 Ratings
Benchmarking with external data9.10 Ratings8.30 Ratings
Integration
Comparison of Integration features of Product A and Product B
Anaplan
8.2
Ratings
1% above category average
IBM Planning Analytics
8.7
Ratings
7% above category average
Flat file integration9.00 Ratings8.40 Ratings
Excel data integration8.00 Ratings9.00 Ratings
Direct links to 3rd-party data sources7.50 Ratings8.80 Ratings
Best Alternatives
AnaplanIBM Planning Analytics
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
Centage
Centage
Score 9.4 out of 10
Centage
Centage
Score 9.4 out of 10
Enterprises
OneStream
OneStream
Score 8.8 out of 10
OneStream
OneStream
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AnaplanIBM Planning Analytics
Likelihood to Recommend
8.7
(0 ratings)
8.0
(0 ratings)
Likelihood to Renew
10.0
(0 ratings)
9.1
(0 ratings)
Usability
8.7
(0 ratings)
7.8
(0 ratings)
Availability
9.0
(0 ratings)
-
(0 ratings)
Performance
9.1
(0 ratings)
-
(0 ratings)
Support Rating
4.2
(0 ratings)
7.3
(0 ratings)
In-Person Training
9.1
(0 ratings)
-
(0 ratings)
Online Training
8.5
(0 ratings)
-
(0 ratings)
Implementation Rating
8.2
(0 ratings)
-
(0 ratings)
Configurability
9.1
(0 ratings)
-
(0 ratings)
Ease of integration
9.1
(0 ratings)
-
(0 ratings)
Product Scalability
9.1
(0 ratings)
9.1
(0 ratings)
Vendor post-sale
9.0
(0 ratings)
-
(0 ratings)
Vendor pre-sale
9.0
(0 ratings)
-
(0 ratings)
User Testimonials
AnaplanIBM Planning Analytics
Likelihood to Recommend
With its versions and native time features Anaplan is well suited for all activities around planning in time and scenarios. Tasks involving calculating across multiple dimensions make Anaplan shine - the easiness to build complex calculation and present results on customizable pages. With its access restrictions it's well suited also for working with sensitive data (employee and customers personal data).
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For a CFO or a COO to do budgeting and planning, IBM Planning Analytics would be essential. It is a tool that can take in multiple data sources and showcase them in a multidimensional way. If you are looking just for a BI or reporting tool, Planning Analytics would be considered "overkill".
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Pros
  • Anaplan removes the time consuming process of integrating the results of individual spreadsheets.
  • Anaplan facilitates the standardization of assumptions across all sub-processes
  • Anaplan provides full transparency of the calculations and source inputs
  • Anaplan allows us to automate certain planning processes that would have been impossible when relying on the computational capabilities of an individual computer.
Read full review
  • Handle very large data volumes.
  • Scale to a large number of users.
  • Not having to compromise on business complexity.
  • It can be run by business users.
  • Availability of highly qualified consultants to support businesses.
  • REST API allows for an open eco system and a variety of solutions to extend the product.
  • Vast integration possibilities.
  • AI-infused engine with IBM Watson.
Read full review
Cons
  • Ability to decide if to apply the formula or a manual input on front end for each line item
  • Real Time Data Transfer across models. Currently Data is transferred using Processes across different models. Having a functionality to access data from any model in real time would be great
Read full review
  • sometimes it is hard to produce pixel perfect reports from the Web UI. I know it is not made for this, but still, it'll be great
  • getting in e.g. an Excel file just by drag and drop, and the AI should "understand" what the data is all around
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Likelihood to Renew
Anaplan is already an established market leader in enterprise planning area. Its flexibility to build multi-dimensional models, real time scenario plannings are proven to be the best features and successfully implemented by global organizations. Anaplan's ambitious product team is ensuring to roll out new features regularly based on customer/ partner feedback. e.g their new improved polaris environment has strong potential to build very large models without worrying about sparsity. The integration with other tools/technologies is being easier (e.g. cloudworks). Hence, considering Anaplan as a platform that has proved to be successful tool in enterprise level planning, its focus on regular feature enhancements and future release roadmaps I believe this platform has potential to evolve further along with our business processes and requirements
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Since IBM Cognos Express is suitable only for medium data warehouse environment, we are not sure if this tool solves the long term need as the business keeps growing rapidly. So its a 50/50 ratio to renew Express license. But having said that, the components of IBM Cognos Express are also available in other Cognos BI suites like Cognos 10.x version. So we will probably upgrade our environment to IBM Cognos 10.x which comes with more new features.
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Usability
As a user it is a very simple tool, but at the same time with a very mature and powerful calculation engine. It is very easy to switch from excel or traditional tools with added capabilities of multi dimensionality and real time calculation engine to see quick insights needed to create plans and scenarios
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IBM Planning Analytics is generally good in terms of functionalities. It can be used reduce time for budget planning, resource planning, demand forecasting, etc. The performance of IBM Planning Analytics is acceptable, but user interface can be improved. It would be good to see new features that allow users to customise the dashboard.
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Reliability and Availability
There are very few outages. Maintenance is scheduled on two or three Saturdays per month, so as not to affect businesses. When there is an outage, users are kept informed of progress to restore the platform and typically this takes no more than an hour. Anaplan customer support is very responsive if we ever have questions about platform issues
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Performance
Unless a model is poorly constructed, the platform can accommodate tens or even hundreds of users without any impact on model performance. Dashboard pages load quickly, reports can be exported to Excel or pdf quickly, and integrations with other systems can be scheduled for quiet times of the day. Adding new use cases to the platform should also have minimal impact on performance if done in a careful way and following best practice principles
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No answers on this topic
Support Rating
Support quality has dropped since Thoma Bravo has taken over. I think some serious re-focus needs to happen here -- part of the beauty of being in the Anaplan community was how involved you felt in it before. Before I didn't dread sending a support ticket, now I am starting to.
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Although I find the IBM Planning analytics documentation quite time consuming, their support with email and call is something i can term as very considerate and patient, I have had few calls about the features and how i would want to implement them within my projects, and the teams have been super helpful to resolve my issues
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In-Person Training
In my opinion, in-person training is always the best if you have the option to do so. This allows real-time interactions with the instructions, whereas the online training I took required me to write-down questions, email them, and wait for responses. This slows down the process, as you can imagine. That said, in-person training is an extra cost and it likely isn't needed for everyone. I would suggest selecting a small number of people to take in-person training and then having them act as mentors to the rest of your team. That way, as the rest of the team takes the online training, they have a resource to help them in real time.
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No answers on this topic
Online Training
Learning made easy . One of the best trainings i have attended. Training was very detailed training by the trainer, which helped me understand the basics of the model building. Level 1 training was easy and instructor was most helpful here. Level 2 training was challenging but was able to go thru due to understanding of the basics.
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No answers on this topic
Implementation Rating
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.
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Alternatives Considered
Anaplan is not a point solution. Instead of having multiple systems that each do one business process (and can only do that business process in one way), Anaplan can do many different business processes for multiple business units. Sales, Finance, HR and other parts of the business can go to one place to get their work done.
Read full review
For strong technical teams and flexibility IBM Planning Analytics is the way to go. For quicker adoption and less technical teams Anaplan is the best option. If consolidation, financials, and moving from legacy tools are main focus than OneStream will be a really good choice. If deeply invested into SAP already than the SAP BPC will be the best fit to maintain the investment.
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Scalability
We have managed to leverage Anaplan for financial planning and forecasting across the business. It is now used by almost every department, with more than 50 users (but I know of companies that have hundreds of users) and still the platform is quick and reliable. It is easy to make changes to divisions and departments or add users and apply different user settings - the core part of the model is not affected and end users can continue their work without any disruption
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No answers on this topic
Return on Investment
  • You will see greater accuracy within your forecasts by leveraging Anaplan to look at historical values while including projections such as seasonality.
  • You will save time, resulting in team members spending more time on value-add opportunities.
  • You will have happy end users that have access to self-service reports, removing any bottlenecks through the workflow.
Read full review
  • Much higher degree of accuracy in forecasting with the use of predictive analysis from historical data
  • Dozens of man hours saved in routine processes that are now handled with minimal human interaction
  • One system that holds the "source of truth," consolidating multiple systems together that were only accessible individually before
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ScreenShots

Anaplan Screenshots

Screenshot of a preview of the Anaplan login page.Screenshot of a preview of an Anaplan home page.Screenshot of a preview of an Anaplan board.

IBM Planning Analytics Screenshots

Screenshot of Workflow managementScreenshot of Income statementScreenshot of Margin analysisScreenshot of Metrics managementScreenshot of Income statementScreenshot of Expense analysis