What users are saying about
Top Rated
207 Ratings
13 Ratings
Top Rated
207 Ratings
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Score 8.4 out of 101
13 Ratings
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Score 9 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

Quantrix

If you find yourself in the ocean of traditional spreadsheets, overwhelmed by broken links, errors, model audit problems, hardwiring, etc. here is a lifebuoy for you. If you want to have full flexibility in your budgeting and forecasting in contrast to ERPs with rigid structures and one-size-fits-all concept. If you are small or medium size company and do not want to invest in costly enterprise solutions. If you need a fast implementation https://youtu.be/5W_q5Xhw5fg
Tahir Tahirov, PMP profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Anaplan
7.5
Quantrix
8.8
Long-term financial planning
Anaplan
7.4
Quantrix
9.2
Financial budgeting
Anaplan
8.1
Quantrix
9.1
Forecasting
Anaplan
7.7
Quantrix
8.6
Scenario modeling
Anaplan
6.5
Quantrix
8.5
Management reporting
Anaplan
7.7
Quantrix
8.4

Consolidation and Close

Anaplan
6.5
Quantrix
8.0
Financial data consolidation
Anaplan
7.7
Quantrix
8.3
Journal entries and reports
Anaplan
6.5
Quantrix
Multi-currency management
Anaplan
6.2
Quantrix
8.4
Intercompany Eliminations
Anaplan
5.9
Quantrix
Minority Ownership
Anaplan
6.0
Quantrix
8.0
Local and consolidated reporting
Anaplan
7.2
Quantrix
8.7
Detailed Audit Trails
Anaplan
6.0
Quantrix
6.7

FInancial Reporting and Compliance

Anaplan
7.6
Quantrix
8.1
Financial Statement Reporting
Anaplan
7.0
Quantrix
8.6
Management Reporting
Anaplan
8.3
Quantrix
8.1
Excel-based Reporting
Anaplan
6.9
Quantrix
Automated board and financial reporting
Anaplan
8.3
Quantrix
7.6

Analytics

Anaplan
6.7
Quantrix
7.4
Personalized dashboards
Anaplan
5.4
Quantrix
7.9
Color-coded scorecards
Anaplan
6.0
Quantrix
6.4
KPIs
Anaplan
7.0
Quantrix
7.2
Cost and profitability analysis
Anaplan
7.0
Quantrix
8.0
Key Performance Indicator setting
Anaplan
7.5
Quantrix
7.5
Benchmarking with external data
Anaplan
7.1
Quantrix
7.3

Integration

Anaplan
8.3
Quantrix
7.0
Flat file integration
Anaplan
8.4
Quantrix
7.9
Excel data integration
Anaplan
8.3
Quantrix
6.1
Direct links to 3rd-party data sources
Anaplan
8.2
Quantrix
7.0

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
  • Lets say you need to model your expenses over years and you have 10 products. If you use Excel you would need to create 10 tables for each product. Instead of creating separate tables of yearly expenses for each product, in Quantrix you create a 3-dimensional cube with all expenses/products/years inside. That means you do not need to repeat the same work for each product: no need for copy-paste of same data to new sheets, no need to repeat formulas. If modification required, no need to add new item to each table, simply add it once and that is it! Even better: if you add a new product, you do not even need to write any formula. Because one existing formula, written in natural language applies to the whole range of products, not to the particular cell. Your presentations, reports, dashboards and graphs are also multidimensional. Simply select dimension or item for instant visualisation.
  • Great advantage of multidimensional models is the Linked structure. You simply drag and drop existing dimensions and build a structure, which means
  • much faster modeling. If you add a new year or a new product in CF it will be added in P&L immediately , or vice versa. It helps to maintain structure across models and makes possible effective data integration.
  • Add more dimensions and actually multiply our efficiency. You can easily add more dimensions like: Regions, Services, Price Scenarios, Production Scenarios, Projects, or any other dimension relevant to your organization.
  • Quantrix Qloud is a great tool for sharing models and collaboration. Imagine dynamic reporting to your management including scenario simulations options. Access from all over the world, no need for software installation. Organize data flow by giving controlled by you access for collecting input data from your colleagues.
  • Overall result: Time-saving and cost reduction, Elimination of errors, Excellent business insight for management.
Tahir Tahirov, PMP profile photo

Cons

  • The dashboard functionality is basic therefore, we have to bring in Tableau to provide a more professional view of the outputs as well as to allow management to more easily slice and dice data.
  • There is an Anaplan learning center however, I have not found it useful when I have questions. We are fortunate to have Aviana Global guiding us through the initial phases of our process. Without our consultants, learning Anaplan would be overwhelming.
  • The Anaplan Connect needs to be improved. We are considering a third party ETL, but we prefer that Anaplan have this capability built into its platform.
Tara Kirby profile photo
  • Find and Replace feels like it is from 1990.
  • Filtering. The filter tray is excellent, but filtering on a two dimensional data set is a bit cumbersome.
  • The DataLink Wizard needs to no longer be a wizard, but a single screen with every tihng I could ever want in regards to data connectivity at my fingertips (much like Tableau in that regard).
  • Qloud. The function and look of this offering seems a bit clunky. I don't use it much because it seems a bit clumsy.
Rich Lopez 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
Quantrix8.2
Based on 1 answer
For a newbie it can be difficult until you get the hang of the system. Quantrix is a very logical system, once you understand its underlying ideas.
Franz Schumacher profile photo

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

Anaplan requires less IT support and its calculation engine is far more powerful. Anaplan is also less expensive when total cost of ownership is considered. We also liked that you're able to use Anaplan for a variety of business planning functions rather than having a bespoke tool for budgets or commissions or demand planning etc.
Christopher Pope profile photo
These are traditional spreadsheet-based software packages. Any trouble you have with Excel you have with these, but that is eliminated with Quantrix. Quantrix is an Excel/Access like application, but so much better because of the things I've previously described in this review.
Rich Lopez 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

  • I'm sure the impact is positive. We have streamlined many processes and created capacity for our finance team.
  • It's great to have "one source of truth" and know that everyone is looking at the same metrics.
Kelley Haghighi profile photo
  • Created a lot of clarity
Robert Langenhuizen 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/

Quantrix

General
Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No
Additional Pricing Details
Quantrix Modeler is licensed on a per user subscription basis.