Anaplan vs. OpenText Magellan

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Anaplan
Score 8.7 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
OpenText Magellan
Score 9.0 out of 10
N/A
OpenText Magellan Analytics Suite leverages a comprehensive set of data analytics software to identify patterns, relationships and trends through data visualizations and interactive dashboards.N/A
Pricing
AnaplanOpenText Magellan
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AnaplanOpenText Magellan
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Features
AnaplanOpenText Magellan
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Anaplan
7.6
214 Ratings
1% below category average
OpenText Magellan
7.0
2 Ratings
15% below category average
Pixel Perfect reports6.57 Ratings00 Ratings
Customizable dashboards8.4214 Ratings7.02 Ratings
Report Formatting Templates7.96 Ratings7.01 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Anaplan
9.1
8 Ratings
11% above category average
OpenText Magellan
8.3
3 Ratings
3% above category average
Drill-down analysis9.18 Ratings8.03 Ratings
Formatting capabilities9.18 Ratings8.03 Ratings
Report sharing and collaboration9.18 Ratings8.02 Ratings
Integration with R or other statistical packages00 Ratings9.01 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Anaplan
8.5
221 Ratings
3% above category average
OpenText Magellan
8.3
2 Ratings
0% above category average
Publish to Web8.67 Ratings8.02 Ratings
Publish to PDF8.4219 Ratings8.02 Ratings
Report Versioning9.2192 Ratings9.02 Ratings
Report Delivery Scheduling7.98 Ratings8.02 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Anaplan
8.1
8 Ratings
7% above category average
OpenText Magellan
8.0
1 Ratings
1% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)9.07 Ratings9.01 Ratings
Location Analytics / Geographic Visualization9.07 Ratings00 Ratings
Predictive Analytics6.43 Ratings7.01 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Anaplan
9.3
224 Ratings
6% above category average
OpenText Magellan
9.0
2 Ratings
6% above category average
Multi-User Support (named login)9.18 Ratings00 Ratings
Role-Based Security Model9.6224 Ratings9.02 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.18 Ratings9.02 Ratings
Report-Level Access Control9.673 Ratings00 Ratings
Single Sign-On (SSO)9.18 Ratings9.02 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Anaplan
7.7
213 Ratings
2% below category average
OpenText Magellan
7.0
2 Ratings
12% below category average
Responsive Design for Web Access8.4204 Ratings7.02 Ratings
Mobile Application7.7190 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile8.0198 Ratings7.02 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Anaplan
9.0
322 Ratings
8% above category average
OpenText Magellan
-
Ratings
Long-term financial planning9.3297 Ratings00 Ratings
Financial budgeting9.4301 Ratings00 Ratings
Forecasting9.3310 Ratings00 Ratings
Scenario modeling9.2312 Ratings00 Ratings
Management reporting7.9311 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Anaplan
7.8
275 Ratings
2% below category average
OpenText Magellan
-
Ratings
Financial data consolidation8.3255 Ratings00 Ratings
Journal entries and reports7.5211 Ratings00 Ratings
Multi-currency management7.312 Ratings00 Ratings
Intercompany Eliminations7.39 Ratings00 Ratings
Minority Ownership7.38 Ratings00 Ratings
Local and consolidated reporting8.2244 Ratings00 Ratings
Detailed Audit Trails8.5256 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Anaplan
8.1
293 Ratings
0% above category average
OpenText Magellan
-
Ratings
Financial Statement Reporting8.9271 Ratings00 Ratings
Management Reporting8.2284 Ratings00 Ratings
Excel-based Reporting7.8262 Ratings00 Ratings
Automated board and financial reporting8.214 Ratings00 Ratings
XBRL support for regulatory filing7.31 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Anaplan
9.1
313 Ratings
12% above category average
OpenText Magellan
-
Ratings
Personalized dashboards8.7307 Ratings00 Ratings
Color-coded scorecards9.3291 Ratings00 Ratings
KPIs9.120 Ratings00 Ratings
Cost and profitability analysis9.3270 Ratings00 Ratings
Key Performance Indicator setting9.4281 Ratings00 Ratings
Benchmarking with external data9.114 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Anaplan
8.5
319 Ratings
2% above category average
OpenText Magellan
-
Ratings
Flat file integration9.3309 Ratings00 Ratings
Excel data integration8.2287 Ratings00 Ratings
Direct links to 3rd-party data sources8.0269 Ratings00 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
Anaplan
-
Ratings
OpenText Magellan
6.2
1 Ratings
23% below category average
REST API00 Ratings5.01 Ratings
Javascript API00 Ratings9.01 Ratings
Java API00 Ratings5.01 Ratings
Themeable User Interface (UI)00 Ratings7.01 Ratings
Customizable Platform (Open Source)00 Ratings5.01 Ratings
Best Alternatives
AnaplanOpenText Magellan
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.3 out of 10
BrightGauge
BrightGauge
Score 8.9 out of 10
Medium-sized Companies
Centage
Centage
Score 9.5 out of 10
Reveal
Reveal
Score 10.0 out of 10
Enterprises
Prophix
Prophix
Score 8.8 out of 10
Jaspersoft Community Edition
Jaspersoft Community Edition
Score 9.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AnaplanOpenText Magellan
Likelihood to Recommend
9.0
(336 ratings)
9.0
(11 ratings)
Likelihood to Renew
9.9
(35 ratings)
3.9
(9 ratings)
Usability
8.9
(63 ratings)
9.0
(1 ratings)
Availability
8.7
(7 ratings)
-
(0 ratings)
Performance
9.1
(7 ratings)
-
(0 ratings)
Support Rating
5.3
(27 ratings)
9.0
(2 ratings)
In-Person Training
8.9
(6 ratings)
-
(0 ratings)
Online Training
8.0
(6 ratings)
-
(0 ratings)
Implementation Rating
9.0
(27 ratings)
-
(0 ratings)
Configurability
9.1
(5 ratings)
-
(0 ratings)
Ease of integration
9.1
(3 ratings)
-
(0 ratings)
Product Scalability
9.4
(7 ratings)
-
(0 ratings)
Professional Services
9.1
(1 ratings)
-
(0 ratings)
Vendor post-sale
8.3
(4 ratings)
-
(0 ratings)
Vendor pre-sale
7.2
(4 ratings)
-
(0 ratings)
User Testimonials
AnaplanOpenText Magellan
Likelihood to Recommend
Anaplan
Anaplan is a great tool for complex modeling of the future. When you are planning your actions for the future, have multiple, disparate datasets to interact with, have dozens if not hundreds of stakeholders who must contribute and need to be guided via a streamlined workflow engine, require complex logic that can grow with your org, require real-time reporting, and you need it all in less than 6 months.
Read full review
OpenText
If you do not have a large budget and are a large organization, I would steer clear of Actuate. If you are looking to do very complex washboarding, I would not use them. Your developers have to be very skilled to work with this. Plan to bring in consultants if necessary to help your process. Adhoc reporting is weak. If your pricing is user based and you expand, this could be very expensive.
Read full review
Pros
Anaplan
  • Anaplan can scale as your business grows, for example adding new regions into to your geographical hierarchy.
  • Anaplan is flexible and can do anything you want it to, there are no tables pre-configured that you need to fix your business process into.
  • Reading formulas in Anaplan is straight forward with a quick learning curve.
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OpenText
  • The report outputs can vary across different types such as HTML, PDF, and Excel
  • Their open source offering is very sufficient
  • There are great boards and blogs for developers and engineers to expand and use their features.
  • The people from the company that I've worked with are professional and courteous.
Read full review
Cons
Anaplan
  • 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
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OpenText
  • The documentation on all the available features, but most importantly on the scripting side, can be improved
  • The standard look & feel of some basic options, like parameter selection or sorting and filtering, looks dated and can't be customized
  • The server portal needs to provide better tools
  • More integration is needed with other OpenText products
Read full review
Likelihood to Renew
Anaplan
Anaplan is a very strong multi-dimensional modeling tool that provides a calculation engine to empower a complex planning process. It is fairly easy to learn for those with experience in similar tools, or excel. It forces structure and auditability that spread sheets do not have, along with extensive security capabilities
Read full review
OpenText
I am no longer working for the company that was using Actuate but I believe they would continue to use it because the stitching costs would be to high. It would require a complete rewrite of the reports and the never version of Actuate (BIRT) even required an almost complete report rewrite
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Usability
Anaplan
Anaplan's usability is very good. Users can customize reports and make adjustments with very little training. They can quickly plan and collaborate very easily. Making large adjustments or creating complex functionality may require more experience or training but a lot of tasks can be completed by users with very little experience
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OpenText
It is quite intuitive to use. It is fit specifically for doing sentiment, emotion, and intention analysis as well as text classification and text summarization. I would have given 10 if it is fit for the purpose of doing image processing and analysis as well. There is a huge market to analyze video and image data.
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Reliability and Availability
Anaplan
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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OpenText
No answers on this topic
Performance
Anaplan
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.
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OpenText
No answers on this topic
Support Rating
Anaplan
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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OpenText
Always there on the front and backend for us and the client.
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In-Person Training
Anaplan
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.
Read full review
OpenText
No answers on this topic
Online Training
Anaplan
Anaplan training materials are clear, simple, easy to understand and to follow. Visuals are excellent. The vendor is good at updating training materials in a timely manner and encouraging users and administrators to keep coming back to Academy site for refresher courses or new feature courses. I really like their interactive diagrams
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OpenText
No answers on this topic
Implementation Rating
Anaplan
The platform allows a flexible implementation mechanic to be put in place, since the possibilities and functionalities are vast and there are very few things the tool cannot do well. The solutions for the financial planning and the integrated business planning we put in place were easily adopted by the end users and their day-to-day work was made easier.
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OpenText
No answers on this topic
Alternatives Considered
Anaplan
Compared to OneStream and Venna Anaplan offers a more modern look and feel of the platform. It is better situated and maintained in regards of platform updates as it's a full SaaS software there are never any issues with the system version as it's always automatically up to date with no backward compatibility issues. Due to the flexible nature of the modelling engine, it is also better suited to perform larger multi-department use cases, like IBP (Integrated Business Planning)
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OpenText
It is vastly superior to these in many ways, for complex reporting it is a much more sophisticated solution. Visualizations are very good. Javascript extensibility is very powerful, others don't support this or as well. Pentaho and MS are both OLAP oriented. Pentaho is moving more toward big data, which was not our primary focus. Others are stuck in the Crystal Reports Band metaphor.
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Scalability
Anaplan
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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OpenText
No answers on this topic
Return on Investment
Anaplan
  • We've typically seen an average of 40% removal of time from processes using Anaplan an enabler
  • Though difficult to quantify, we consistently find our processes less error prone than in the past. Essentially, we've removed a previously "hidden cost" of risk due to poor data quality that was buried in our processes.
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OpenText
  • Actuate can handle 50 to 60 sub reports inside a report very well.
  • Dynamically creating the datasource, chart, graph, reports are the main advantages. We can do any level of drilling, and can create a performance matrix dashboard efficiently.
Read full review
ScreenShots

Anaplan Screenshots

Screenshot of Platform: The Anaplan platform is a unified cloud-based solution that connects people, data and plans to enable complex scenario modeling.Screenshot of OpEx Planning. This is where users review revenue-target-setting goals by brand, season, and capacity all on a visual dashboard.Screenshot of Supply Planning. This visualization breaks down costs across assembly production to project profitability and align an organization's supply chain to market opportunities.Screenshot of Territory and Quota Planning. This dashboard is used to track of sales goals and quotas across territories and industries to optimize sales performance.Screenshot of Headcount Planning. Here, users can align workforce plans with strategic plans, and see where the best qualified talent resides to fit an organization’s staffing needs.Screenshot of Marketing. This interface drives efficiency across planning, and is used to budget against planned activity.

OpenText Magellan Screenshots

Screenshot of A Magellan BI & Reporting dashboard that an individual can interact with and personalize to their needs, such as changing chart types or computations.Screenshot of Magellan Data Discovery provides a Smart User Interface, designed to equip new users and users seeking a more streamlined set of features for insightsScreenshot of Magellan Data Discovery provides an Advanced User Interface that allows data analytics pros to leverage its breadth of sophisticated capabilities for insightsScreenshot of Magellan Text Mining insights can be displayed within easy-to-use dashboards.Screenshot of Data scientists can create visualizations within the Magellan Notebook and see it dynamically update as they write changes to it.