What users are saying about

Anaplan

Top Rated
205 Ratings

Anaplan

Top Rated
205 Ratings
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Score 8.3 out of 101

Optymyze SPM Cloud

2 Ratings
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Score 8.9 out of 101

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Likelihood to Recommend

Anaplan

Anaplan is great for Sales Ops, FP&A, and basically anything that is heavy Excel-based. It's great at summarizing large amounts of data, like pivot tables. It's also great for crunching Salesforce data. I don't have a need for SQL, but I'm sure it would great for any kind of database summarization use case.
Dan Shuwarger profile photo

Optymyze SPM Cloud

It depends on the complexity of your selling process, the sales crediting and the number of associates. Small or large organizations who have a simple selling to incentive process; sell something and get paid will find Optymyze to be too much for them. Organizations who have multiple selling organizations who overlay each other and have complex selling will see benefits from a platform such as Optymyze
Jeremy Ginsberg profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Anaplan
7.4
Optymyze SPM Cloud
Long-term financial planning
Anaplan
7.4
Optymyze SPM Cloud
Financial budgeting
Anaplan
8.1
Optymyze SPM Cloud
Forecasting
Anaplan
7.7
Optymyze SPM Cloud
Scenario modeling
Anaplan
6.5
Optymyze SPM Cloud
Management reporting
Anaplan
7.6
Optymyze SPM Cloud

Consolidation and Close

Anaplan
6.5
Optymyze SPM Cloud
Financial data consolidation
Anaplan
7.7
Optymyze SPM Cloud
Journal entries and reports
Anaplan
6.6
Optymyze SPM Cloud
Multi-currency management
Anaplan
6.2
Optymyze SPM Cloud
Intercompany Eliminations
Anaplan
5.9
Optymyze SPM Cloud
Minority Ownership
Anaplan
6.0
Optymyze SPM Cloud
Local and consolidated reporting
Anaplan
7.1
Optymyze SPM Cloud
Detailed Audit Trails
Anaplan
6.1
Optymyze SPM Cloud

FInancial Reporting and Compliance

Anaplan
7.6
Optymyze SPM Cloud
Financial Statement Reporting
Anaplan
7.0
Optymyze SPM Cloud
Management Reporting
Anaplan
8.3
Optymyze SPM Cloud
Excel-based Reporting
Anaplan
6.9
Optymyze SPM Cloud
Automated board and financial reporting
Anaplan
8.0
Optymyze SPM Cloud

Analytics

Anaplan
6.7
Optymyze SPM Cloud
Personalized dashboards
Anaplan
5.3
Optymyze SPM Cloud
Color-coded scorecards
Anaplan
6.0
Optymyze SPM Cloud
KPIs
Anaplan
7.0
Optymyze SPM Cloud
Cost and profitability analysis
Anaplan
7.0
Optymyze SPM Cloud
Key Performance Indicator setting
Anaplan
7.4
Optymyze SPM Cloud
Benchmarking with external data
Anaplan
7.2
Optymyze SPM Cloud

Integration

Anaplan
8.3
Optymyze SPM Cloud
Flat file integration
Anaplan
8.3
Optymyze SPM Cloud
Excel data integration
Anaplan
8.3
Optymyze SPM Cloud
Direct links to 3rd-party data sources
Anaplan
8.2
Optymyze SPM Cloud

Pros

  • We really like the Data Hub concept. We are working on multiple projects with regards to aggregating data from multiple sources, and Data Hub has worked well for us thus far.
  • Agility is key for our businesses and we feel that Anaplan gives us the ability to remain flexible and reactive to the changes throughout our businesses.
  • As a administrator I really like the resources provided by Anaplan such as Anapedia. It makes it really simple to ask questions and find answers if we are having difficulty with certain items.
Matthew Cantwell profile photo
  • Incentive Compensation - It is able to calculate complex plans with complex sales crediting rules
  • Quota Setting / Management - It provides the ability to properly tie quotas to performance and provide the visibility at the lowest level all the way through to executive leadership.
Jeremy Ginsberg profile photo

Cons

  • Larger workspaces.
  • Ongoing support contracts based on LOE.
  • Better formula support and explanation within the model.
Michael Lauer profile photo
  • The front-end reporting functions were supported by a third-party platform at the time. It made it challenging to create reports on your own and relied on Optymyze to provide that type of work.
  • The ability to map territories with similar function to a ZS Associates Territory Designer. Allowing to lasso areas and create "what-ifs"
Jeremy Ginsberg 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

Anaplan8.0
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

Anaplan6.8
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

Honestly, having implemented Anaplan at another company, I knew it would suit our needs here and convinced management to get the tool on that basis. We already use a mix of Cognos BI, Tableau, and Excel ... but our need was something apart from what those can provide.
Steve Ridgley profile photo
Optymyze is not the cheapest nor most expensive product out there. What I found with the firm was the ability to deliver on its promises and be able to adapt to the business without getting outside of their comfort zone. Other products have a box that is too rigid while others are so complex, and so open, you might as well develop a home grown system
Jeremy Ginsberg profile photo

Lines of Business and Business Impact

By now forecast accuracy did only fall after the implementation of ANaplan, because implementing such a solution had many problems. The integration IT team was unexperienced and the initial models that were used for planning were facing teething problems. Unfortunately putting Anaplan models in order is really time consuming process, so there is still much to be done.
Максим Шилиманов profile photo
No answers on this topic

Selection Process

Adaptive and Host Analytics
More flexible and able to handle more data.
Tommy Bettles profile photo
No answers on this topic

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
  • Reduced the number of resources supporting the sales compensation, territory and quota setting processes.
  • Reduced the time spent to finalize incentive payouts to associates at the close of each quarter by 25%.
  • Reduced overall expense related to the sales operations function,
Jeremy Ginsberg 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/

Optymyze SPM Cloud

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required
Additional Pricing Details