What users are saying about
Top Rated
207 Ratings
3 Ratings
Top Rated
207 Ratings
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Score 8.4 out of 101
3 Ratings
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Score 8.5 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

MoData

Well suited to high velocity sales environments where managers could make better strategic decisions with better metrics.
Carlo Magno Lindo profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

FInancial Reporting and Compliance

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

Analytics

Anaplan
6.7
MoData
Personalized dashboards
Anaplan
5.5
MoData
Color-coded scorecards
Anaplan
6.0
MoData
KPIs
Anaplan
7.0
MoData
Cost and profitability analysis
Anaplan
7.0
MoData
Key Performance Indicator setting
Anaplan
7.5
MoData
Benchmarking with external data
Anaplan
7.1
MoData

Integration

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

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
  • Custom decision trees allow us to get to the exact reports we need as a business, not generic ones
  • Exportable custom reports make preparing for board meetings far quicker and I have confidence in the data
Mathew Cole profile photo

Cons

  • As models get larger, there is definitely some lag in the calculation. This can get annoying for end users when they are using dashboards.
  • Sometimes there is too much flexibility -- can lead to wanting to use Anaplan for things that it wasn't explicitly designed for.
  • Reporting is still limited in some ways, more color options for example would be nice.
Jake Cosenza profile photo
  • Simplify the options... the platform can do SO much that it can be overwhelming.
Mathew Cole 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
No score
No answers yet
No answers on this topic

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

Modeling and what I call the "brains" is much better in Anaplan. You can create several different model types that can all feed into a single budget or plan.What Anaplan really lacks is the ad-hoc ability that is in Hyperion. You can't identify your dimensions and find the data sitting in that spot, the data just isn't setup that way in Anaplan. This makes answering some detail questions more difficult than it would be in Hyperion. for that reason, we are using Anaplan for the modeling, and Hyperion for the data storage. It would be nice to be able to sunset Hyperion though....
Joe Bradbury profile photo
Modata was a very unique solution, so once we found it, I stopped looking
Mathew Cole 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
  • The ROI is on the accuracy of reporting data
  • Time saves on financial forecasting
Mathew Cole 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/

MoData

General
Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
Optional
Additional Pricing Details
The vendor offers custom pricing depending on: the size and makeup of your team, where your data is housed, your technology stack, customer segmentation, or the features you want. The vendor offers custom quoting and a free trial.