Anaplan vs. PowerPlan

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Anaplan
Score 8.6 out of 10
Enterprise companies (1,001+ employees)
Anaplan is a transformative way to see, plan, and run your business. Using its proprietary Hyperblock™ technology, Anaplan lets you contextualize real-time performance, and forecast future outcomes for faster, confident decisions. Anaplan enables connected strategy and planning across your enterprise to move your business forward. Based in San Francisco, Anaplan has over 200 partners and more than 2,000 customers worldwide.N/A
PowerPlan
Score 8.8 out of 10
N/A
PowerPlan is a CPM solution focused on helping asset-intensive businesses achieve regulatory compliance.N/A
Pricing
AnaplanPowerPlan
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AnaplanPowerPlan
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
AnaplanPowerPlan
Top Pros
Top Cons
Features
AnaplanPowerPlan
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Anaplan
7.7
181 Ratings
5% below category average
PowerPlan
-
Ratings
Pixel Perfect reports6.41 Ratings00 Ratings
Customizable dashboards9.1181 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Anaplan
9.1
2 Ratings
9% above category average
PowerPlan
-
Ratings
Drill-down analysis9.12 Ratings00 Ratings
Formatting capabilities9.12 Ratings00 Ratings
Report sharing and collaboration9.12 Ratings00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Anaplan
8.8
188 Ratings
7% above category average
PowerPlan
-
Ratings
Publish to Web9.11 Ratings00 Ratings
Publish to PDF8.8187 Ratings00 Ratings
Report Versioning9.1162 Ratings00 Ratings
Report Delivery Scheduling8.33 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Anaplan
8.2
2 Ratings
7% above category average
PowerPlan
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)9.12 Ratings00 Ratings
Location Analytics / Geographic Visualization9.12 Ratings00 Ratings
Predictive Analytics6.42 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Anaplan
9.2
191 Ratings
5% above category average
PowerPlan
-
Ratings
Multi-User Support (named login)9.12 Ratings00 Ratings
Role-Based Security Model9.4191 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.12 Ratings00 Ratings
Report-Level Access Control9.444 Ratings00 Ratings
Single Sign-On (SSO)9.12 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Anaplan
7.9
181 Ratings
1% below category average
PowerPlan
-
Ratings
Responsive Design for Web Access8.6172 Ratings00 Ratings
Mobile Application8.2161 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile8.2168 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Anaplan
9.1
293 Ratings
9% above category average
PowerPlan
-
Ratings
Long-term financial planning9.4267 Ratings00 Ratings
Financial budgeting9.6272 Ratings00 Ratings
Forecasting9.2281 Ratings00 Ratings
Scenario modeling9.1283 Ratings00 Ratings
Management reporting8.3282 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Anaplan
7.2
248 Ratings
12% below category average
PowerPlan
-
Ratings
Financial data consolidation8.6228 Ratings00 Ratings
Journal entries and reports7.0186 Ratings00 Ratings
Multi-currency management6.211 Ratings00 Ratings
Intercompany Eliminations6.08 Ratings00 Ratings
Minority Ownership6.07 Ratings00 Ratings
Local and consolidated reporting8.5215 Ratings00 Ratings
Detailed Audit Trails8.1228 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Anaplan
8.6
265 Ratings
4% above category average
PowerPlan
-
Ratings
Financial Statement Reporting8.7244 Ratings00 Ratings
Management Reporting8.4256 Ratings00 Ratings
Excel-based Reporting8.1235 Ratings00 Ratings
Automated board and financial reporting9.013 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Anaplan
9.0
284 Ratings
11% above category average
PowerPlan
-
Ratings
Personalized dashboards8.6279 Ratings00 Ratings
Color-coded scorecards8.7263 Ratings00 Ratings
KPIs9.119 Ratings00 Ratings
Cost and profitability analysis9.2241 Ratings00 Ratings
Key Performance Indicator setting9.4252 Ratings00 Ratings
Benchmarking with external data9.113 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Anaplan
8.8
290 Ratings
5% above category average
PowerPlan
-
Ratings
Flat file integration9.4280 Ratings00 Ratings
Excel data integration8.4262 Ratings00 Ratings
Direct links to 3rd-party data sources8.6241 Ratings00 Ratings
Best Alternatives
AnaplanPowerPlan
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.4 out of 10
IBM Planning Analytics
IBM Planning Analytics
Score 8.4 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AnaplanPowerPlan
Likelihood to Recommend
9.3
(302 ratings)
5.0
(1 ratings)
Likelihood to Renew
9.4
(25 ratings)
-
(0 ratings)
Usability
8.0
(16 ratings)
-
(0 ratings)
Availability
8.7
(6 ratings)
-
(0 ratings)
Performance
9.0
(6 ratings)
-
(0 ratings)
Support Rating
7.8
(18 ratings)
-
(0 ratings)
In-Person Training
8.4
(4 ratings)
-
(0 ratings)
Online Training
9.0
(4 ratings)
-
(0 ratings)
Implementation Rating
8.5
(21 ratings)
-
(0 ratings)
Configurability
9.0
(4 ratings)
-
(0 ratings)
Ease of integration
9.1
(2 ratings)
-
(0 ratings)
Product Scalability
9.3
(6 ratings)
-
(0 ratings)
Vendor post-sale
7.4
(3 ratings)
-
(0 ratings)
Vendor pre-sale
4.8
(3 ratings)
-
(0 ratings)
User Testimonials
AnaplanPowerPlan
Likelihood to Recommend
Anaplan
Anaplan revolutionizes the planning process by standardizing it, creating transparency in data, particularly in showcasing results to the management team. By replacing Excel-centric planning methods, Anaplan not only opens the door to handling larger datasets but also enables a more intricate level of data granularity at an accelerated pace. What sets it apart is its capacity to facilitate a seamless collaboration within a cross-functional model, accommodating diverse departments and business functions in a dynamic, real-time environment.
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PowerPlan
[PowerPlan is well suited for] Any Utility who handles their own Fixed Asset Accounting and Reporting. There are very few specialized solutions in this space that can handle this out of the box. Core functionality and support with PowerPlan are excellent. If you have a firm or service that handles a portion or the majority of your Fixed Asset Accounting and Reporting than this solution is overkill and costly for what you need. There may be other options also if you have a robust internal technology team that is comfortable developing another major fixed asset solution into what you need. Cloud Hosting is also not available at this time and will likely be several releases out and be a major redesign (unstable) at first.
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Pros
Anaplan
  • Forcing structure and auditability to processes that used to exist in spreadsheets
  • Strong calculation engine that can account for many dimensions
  • Formula Syntax that is not overly complicated and can be learned by the business in order to have ownership of their models internally
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PowerPlan
  • Allow the use of retirement units for unitization out of the box.
  • Align with Ferc Account and Reporting Standards
  • Provide Dashboards that can be configured for different users or groups
  • Functions well in a Project Centric Accounting Environment.
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Cons
Anaplan
  • The "new" UX front-end offers a lot of modern and intuitive features, but it lacks the ability to view multiple "tabs" of dashboards and reports. The "classic" dashboard had this feature but now with the UX, you need to be really smart about how to design a single page where the users won't get "lost".
  • Lacks the ability to "wrap text" (similar to excel) and auto-size grid rows
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PowerPlan
  • The backend technology is dated and requires specialized skills or PowerPlan assistance to develop on.
  • UI is also outdated and not as visually appealing as users are now accustomed to.
  • Reporting is basic in functionality and appearance.
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Likelihood to Renew
Anaplan
In any line of work, a tool that is flexible and would allow different departments of your company to easily interact and exchange valuable insights, is highly anticipated and needed. For me, what Anaplan provides to a business, be it a smaller one or an enterprise customer, is an easily scaling, agile planning and modeling platform that can meet almost any need and give a high-end solution to the problems any company faces on a daily basis.
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PowerPlan
No answers on this topic
Usability
Anaplan
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.
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PowerPlan
No answers on this topic
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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PowerPlan
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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PowerPlan
No answers on this topic
Support Rating
Anaplan
1. Anaplan has separate 24/7 customer support channel to help with queries, 2. Customer Partner from Anaplan to support vendor with their queries like license purchase, use case implementation support, customer advocacy 3. Anaplan Learning Platform to help learning new product features free of cost and Yearly Anaplan connect across globe to share success stories of various companies.
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PowerPlan
No answers on this topic
In-Person Training
Anaplan
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.
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PowerPlan
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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PowerPlan
No answers on this topic
Implementation Rating
Anaplan
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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PowerPlan
No answers on this topic
Alternatives Considered
Anaplan
Anaplan is what I would consider a modeling platform. It excels at taking a forecasting or planning process and systematizing it - and allowing for whatever nuances and granularity you need to perform that modeling. It is not positioned as "data collection" platform - which are typically designed to take data uploads from Excel to calculate basic opex and revenue models. It's much more customizable and flexible.
Read full review
PowerPlan
Oracle Financials (E-Business Suite) is a very Robust ERP solution that has better integration, reporting and functionality than PowerPlan. It also operates on a more Robust Technology Stack. The Fixed Assets Module is a great solution but lacks support for Utility Specific features and functionality, so much so that we chose PowerPlan to take over this specific functionality while still utilizing Oracle for the Majority of our Project and other Accounting Functions.
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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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PowerPlan
No answers on this topic
Return on Investment
Anaplan
  • Speeding up the process of closing and updating the current month forecast
  • Reduced work on the preparation of reports and presentations. We used different Anaplan approaches with varying success, but the overall result was there.
  • It's hard to gauge, but the overall increase in process and algorithm transparency, along with data protection, has given an excellent platform for scaling up the company's processes.
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PowerPlan
  • Better Fixed Asset Reporting to Provide to Rate Commissions.
  • Allowed us to embark on a major Unitization initiative and re-design of our retirement catalog.
  • Focus the Support team on other technologies due to the stable nature and good vendor support.
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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 and drive growthScreenshot of OpEx Planning: Review revenue-target-setting goals by brand, season, and capacity all on one, unified, highly-visual dashboardScreenshot of Supply Planning: Break down costs across assembly production to project profitability and align your supply chain to market opportunitiesScreenshot of Territory and Quota Planning: Keep track of sales goals and quotas across territories and industries to optimize sales performanceScreenshot of Headcount Planning: Easily align workforce plans with your strategic plans and quickly see where the best qualified talent resides to fit your organization’s staffing needsScreenshot of Marketing: Eliminate spreadsheets to drive efficiency across planning and manage budget against planned activity