What users are saying about
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Top Rated
234 Ratings
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Top Rated
128 Ratings

Anaplan

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Top Rated
234 Ratings
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Score 8.6 out of 100

IBM Planning Analytics with Watson

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Top Rated
128 Ratings
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Score 7.8 out of 100

Likelihood to Recommend

Anaplan

Anaplan is great for collaborative planning and complex business models that require frequent updates and quick feedback. Ease of use, ease of development, deployment & maintenance accelerates business adoptionIt's not a great reporting or analytics tool. Limited model sizes limit the capability to capture large data sets and need for Data Warehouse for plan over plan & historic analysis and reporting
Rama Narravula | TrustRadius Reviewer

IBM Planning Analytics with Watson

Using the IBM Planning Analytics platform in addition to saving time and money, will make your business smarter and show you the future of the trading market. Before you lose money, it warns you to stop producing in a specific geographical area or increase production elsewhere. All this is the middle of the artificial intelligence used in this platform. does not require any background information on programming and the science of data processing and analysis, and all reports are transparent and logical and save the life and costs of the organization.
Ali Kazempour | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

Anaplan
7.7
IBM Planning Analytics with Watson
6.9
Customizable dashboards
Anaplan
7.7
IBM Planning Analytics with Watson
7.1
Pixel Perfect reports
Anaplan
IBM Planning Analytics with Watson
6.8
Report Formatting Templates
Anaplan
IBM Planning Analytics with Watson
6.8

Report Output and Scheduling

Anaplan
8.4
IBM Planning Analytics with Watson
7.5
Publish to PDF
Anaplan
8.8
IBM Planning Analytics with Watson
7.4
Report Versioning
Anaplan
8.6
IBM Planning Analytics with Watson
7.5
Report Delivery Scheduling
Anaplan
7.8
IBM Planning Analytics with Watson
7.3
Publish to Web
Anaplan
IBM Planning Analytics with Watson
7.6

Access Control and Security

Anaplan
9.1
IBM Planning Analytics with Watson
8.0
Role-Based Security Model
Anaplan
9.1
IBM Planning Analytics with Watson
7.9
Multi-User Support (named login)
Anaplan
IBM Planning Analytics with Watson
8.1
Multiple Access Permission Levels (Create, Read, Delete)
Anaplan
IBM Planning Analytics with Watson
7.9
Single Sign-On (SSO)
Anaplan
IBM Planning Analytics with Watson
8.2

Mobile Capabilities

Anaplan
7.2
IBM Planning Analytics with Watson
7.1
Responsive Design for Web Access
Anaplan
8.3
IBM Planning Analytics with Watson
6.9
Dedicated iOS Application
Anaplan
6.6
IBM Planning Analytics with Watson
7.2
Dedicated Android Application
Anaplan
7.1
IBM Planning Analytics with Watson
7.2
Dashboard / Report / Visualization Interactivity on Mobile
Anaplan
6.7
IBM Planning Analytics with Watson
7.2

Budgeting, Planning, and Forecasting

Anaplan
8.7
IBM Planning Analytics with Watson
8.0
Long-term financial planning
Anaplan
8.3
IBM Planning Analytics with Watson
8.2
Financial budgeting
Anaplan
8.9
IBM Planning Analytics with Watson
8.2
Forecasting
Anaplan
8.8
IBM Planning Analytics with Watson
8.1
Scenario modeling
Anaplan
9.0
IBM Planning Analytics with Watson
7.8
Management reporting
Anaplan
8.6
IBM Planning Analytics with Watson
7.7

Consolidation and Close

Anaplan
7.2
IBM Planning Analytics with Watson
7.4
Financial data consolidation
Anaplan
8.4
IBM Planning Analytics with Watson
7.4
Journal entries and reports
Anaplan
7.9
IBM Planning Analytics with Watson
6.9
Multi-currency management
Anaplan
6.2
IBM Planning Analytics with Watson
7.8
Intercompany Eliminations
Anaplan
6.0
IBM Planning Analytics with Watson
7.3
Minority Ownership
Anaplan
6.0
IBM Planning Analytics with Watson
7.1
Local and consolidated reporting
Anaplan
8.3
IBM Planning Analytics with Watson
7.5
Detailed Audit Trails
Anaplan
7.6
IBM Planning Analytics with Watson
7.7

Financial Reporting and Compliance

Anaplan
8.5
IBM Planning Analytics with Watson
7.7
Financial Statement Reporting
Anaplan
9.0
IBM Planning Analytics with Watson
7.9
Management Reporting
Anaplan
8.7
IBM Planning Analytics with Watson
7.9
Excel-based Reporting
Anaplan
7.4
IBM Planning Analytics with Watson
8.2
Automated board and financial reporting
Anaplan
9.0
IBM Planning Analytics with Watson
7.4
XBRL support for regulatory filing
Anaplan
IBM Planning Analytics with Watson
7.2

Analytics

Anaplan
8.3
IBM Planning Analytics with Watson
7.5
Personalized dashboards
Anaplan
9.0
IBM Planning Analytics with Watson
7.7
Color-coded scorecards
Anaplan
8.3
IBM Planning Analytics with Watson
7.3
KPIs
Anaplan
8.0
IBM Planning Analytics with Watson
7.3
Cost and profitability analysis
Anaplan
8.6
IBM Planning Analytics with Watson
7.8
Key Performance Indicator setting
Anaplan
8.7
IBM Planning Analytics with Watson
7.5
Benchmarking with external data
Anaplan
7.0
IBM Planning Analytics with Watson
7.5

Integration

Anaplan
8.3
IBM Planning Analytics with Watson
7.9
Flat file integration
Anaplan
8.5
IBM Planning Analytics with Watson
8.0
Excel data integration
Anaplan
8.0
IBM Planning Analytics with Watson
8.1
Direct links to 3rd-party data sources
Anaplan
8.5
IBM Planning Analytics with Watson
7.6

Ad-hoc Reporting

Anaplan
IBM Planning Analytics with Watson
7.4
Drill-down analysis
Anaplan
IBM Planning Analytics with Watson
7.8
Formatting capabilities
Anaplan
IBM Planning Analytics with Watson
7.2
Integration with R or other statistical packages
Anaplan
IBM Planning Analytics with Watson
7.2
Report sharing and collaboration
Anaplan
IBM Planning Analytics with Watson
7.3

Data Discovery and Visualization

Anaplan
IBM Planning Analytics with Watson
7.2
Pre-built visualization formats (heatmaps, scatter plots etc.)
Anaplan
IBM Planning Analytics with Watson
7.5
Location Analytics / Geographic Visualization
Anaplan
IBM Planning Analytics with Watson
7.0
Predictive Analytics
Anaplan
IBM Planning Analytics with Watson
7.1

Pros

Anaplan

  • Allows the business to link different planning streams into one place
  • Gives users a single source to view data, no more comparing offline templates in excel
  • Intuitive new UX that allows us to be more customizable when tailoring to needs of end-users
Scott Eckman | TrustRadius Reviewer

IBM Planning Analytics with Watson

  • Cognos TM1 is great for planning, both workforce and financial, as it allows for complex hierarchies to be built and maintained via automated routines and simple scripts.
  • Cognos TM1 ability to directly connect to an external system and extract data allows you to roll your own ETL processes and keep the bottleneck (that is IT) out of your financial consolidation project.
  • Cognos TM1 has the ability to be both cloud based and fully on-premise which is of great for institutions that are cloud adverse and want an alternative Adaptive Analytics.
Anonymous | TrustRadius Reviewer

Cons

Anaplan

  • Enablement -- Anaplan should invest more in both its training capability and training content. Anaplan is not the most difficult tool to learn, but having more foundation in this area would make the ramp-up process significantly easier
  • Storage -- Anaplan is not a data warehouse. This is understandable given data warehousing is not their primary value proposition, but many times we run close to the storage limits of Anaplan, and it would be great if Anaplan had different storage size options for its workspaces.
  • User Interface -- Anaplan's user interface could be streamlined and improved to become more intuitive and accommodate more shortcut keys.
Matthew Kuo | TrustRadius Reviewer

IBM Planning Analytics with Watson

  • The ETL tool (Turbo Integrator) is very powerful, but a bit clunky: It has no debugging tool provided and doesn't even offer a simple Find function. As a result, many developers use Notepad++ with a Language template to assist in development.
  • Cube rules are an extremely powerful tool that is hard to match in the industry. The problem here is similar to TI, there is no debugging tool available, though the Rules Editor at least provides a Find/Replace function.
  • The relatively new Performance Modeler (PM) has some nice features and can be a nice tool as a replacement for Turbo Integrator (TI) and Rules. The problem is that once you develop with PM, you cannot go back to TI or the Rules Editor and you cannot "tweek" the PM code to improve performance or allow for exceptions or special circumstances that the PM interface does not handle.
Christopher Redmond | TrustRadius Reviewer

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 | TrustRadius Reviewer

IBM Planning Analytics with Watson

IBM Planning Analytics with Watson 8.3
Based on 4 answers
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.
Anonymous | TrustRadius Reviewer

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 | TrustRadius Reviewer

IBM Planning Analytics with Watson

IBM Planning Analytics with Watson 7.4
Based on 13 answers
Its overall usability is one of the key reasons why we decided to move away from Cognos BI. It is less complicated to use and end-user can more effectively and efficiently use the tool with training and little interaction with IT.
Christopher Thomas | TrustRadius Reviewer

Reliability and Availability

Anaplan

Anaplan 10.0
Based on 2 answers
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 | TrustRadius Reviewer

IBM Planning Analytics with Watson

No score
No answers yet
No answers on this topic

Performance

Anaplan

Anaplan 9.0
Based on 2 answers
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 | TrustRadius Reviewer

IBM Planning Analytics with Watson

No score
No answers yet
No answers on this topic

Support Rating

Anaplan

Anaplan 9.1
Based on 5 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 | TrustRadius Reviewer

IBM Planning Analytics with Watson

IBM Planning Analytics with Watson 7.8
Based on 57 answers
Could be better at listening and/or having more interaction to understand the problems reported. We have a bit too much back and forth getting points across to support and achieving their understanding of the problem when an actual conversation would illuminate the issue quicker and more fully.
Charles Cardin | TrustRadius Reviewer

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 | TrustRadius Reviewer

IBM Planning Analytics with Watson

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 | TrustRadius Reviewer

IBM Planning Analytics with Watson

No score
No answers yet
No answers on this topic

Implementation Rating

Anaplan

Anaplan 6.7
Based on 24 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 | TrustRadius Reviewer

IBM Planning Analytics with Watson

No score
No answers yet
No answers on this topic

Alternatives Considered

Anaplan

During the selection process at the end of 2012, we were thinking of Excel as the main tool, or an in-house software built by ourselves, however, this would have taken us ages, so we checked what is available on the market. Anaplan was a small start-up at that time, but it helped us to ensure we can customize the software to our needs.
Szilvia Havasreti | TrustRadius Reviewer

IBM Planning Analytics with Watson

Other tools include Essbase, Outlooksoft, and BPC. When comparing the length of the implementation and the speed of the engine, IBM is the fastest on the market. I have not yet found a calculation or planning approach that cannot be done with IBM PA. In one situation, an allocation that took 24+ hours in another tool was created in Planning Analytics and only took 45 minutes to run.
lee lazarow | TrustRadius Reviewer

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 | TrustRadius Reviewer

IBM Planning Analytics with Watson

IBM Planning Analytics with Watson 9.1
Based on 1 answer
No answer on this topic is available.

Return on Investment

Anaplan

  • Anaplan has been good to plan future fiscal years, by doing the planning in here and seeing the financial impact certain variables can produce it is easier to make decisions within the company such as hiring, eliminating certain costs etc., to achieve the financial results as set in the company goals.
  • Dashboards have been really helpful for the financial executives as very specific data can be analysed and presented in the dashboards focused to specific financial teams, so it is easier to see the actual results and forecasts.
  • On the negative side, since Anaplan is a complex tool to handle, it is better to have a dedicated resource or resources to the handling in Anplan. Regular business analysts could not handle their regular tasks and doing complex configurations in Anaplan without the help of well trained Anaplan resources, extra dedicated resources are needed to work with Anaplan.
Anonymous | TrustRadius Reviewer

IBM Planning Analytics with Watson

  • Increased employee efficiency. Employees have more time to analyze the results because little time is spent gathering or compiling data
  • More accurate forecasts and predictions based on the data due to it's efficiency
  • Better planning for future years based on accurate historical data
Anonymous | TrustRadius Reviewer

Screenshots

Pricing Details

Anaplan

General

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

IBM Planning Analytics with Watson

General

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

Rating Summary

Likelihood to Recommend

Anaplan
8.9
IBM Planning Analytics with Watson
8.7

Likelihood to Renew

Anaplan
8.2
IBM Planning Analytics with Watson
8.3

Usability

Anaplan
8.2
IBM Planning Analytics with Watson
7.4

Reliability and Availability

Anaplan
10.0
IBM Planning Analytics with Watson

Performance

Anaplan
9.0
IBM Planning Analytics with Watson

Support Rating

Anaplan
9.1
IBM Planning Analytics with Watson
7.8

In-Person Training

Anaplan
3.0
IBM Planning Analytics with Watson

Online Training

Anaplan
5.0
IBM Planning Analytics with Watson

Implementation Rating

Anaplan
6.7
IBM Planning Analytics with Watson

Scalability

Anaplan
7.0
IBM Planning Analytics with Watson
9.1

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