What users are saying about
212 Ratings
13 Ratings
212 Ratings
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Score 8.1 out of 101
13 Ratings
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Score 9 out of 101

Likelihood to Recommend

Anaplan

Well Suited
  • Any process that you expect to change frequently.
  • A process within a dynamic environment, such as high tech / the startup world, where you expect significant business process changes.
  • Any process that requires a significant number of collaborators.
  • Any process where you intend for users to update logic with Excel-like formulas.
  • Any process where using Google Docs has failed to accommodate your needs for data integrity.
Less Appropriate
  • Data visualization - Anaplan has capabilities here, but other tools are more focused on this.
  • Data storage - Anaplan is not a data warehouse and has limits on what you can store.
Matthew Kuo 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

BI Standard Reporting

Anaplan
6.8
Quantrix
Customizable dashboards
Anaplan
6.8
Quantrix

Report Output and Scheduling

Anaplan
7.0
Quantrix
Publish to PDF
Anaplan
7.9
Quantrix
Report Versioning
Anaplan
7.4
Quantrix
Report Delivery Scheduling
Anaplan
5.8
Quantrix

Mobile Capabilities

Anaplan
6.3
Quantrix
Responsive Design for Web Access
Anaplan
6.3
Quantrix

Budgeting, Planning, and Forecasting

Anaplan
8.0
Quantrix
8.9
Long-term financial planning
Anaplan
6.9
Quantrix
9.3
Financial budgeting
Anaplan
8.3
Quantrix
9.3
Forecasting
Anaplan
8.7
Quantrix
8.7
Scenario modeling
Anaplan
8.0
Quantrix
8.7
Management reporting
Anaplan
8.2
Quantrix
8.4

Consolidation and Close

Anaplan
6.9
Quantrix
8.0
Financial data consolidation
Anaplan
8.2
Quantrix
8.3
Journal entries and reports
Anaplan
6.8
Quantrix
Multi-currency management
Anaplan
6.2
Quantrix
8.4
Intercompany Eliminations
Anaplan
6.0
Quantrix
Minority Ownership
Anaplan
6.0
Quantrix
8.0
Local and consolidated reporting
Anaplan
8.0
Quantrix
8.7
Detailed Audit Trails
Anaplan
7.4
Quantrix
6.7

FInancial Reporting and Compliance

Anaplan
7.1
Quantrix
8.2
Financial Statement Reporting
Anaplan
8.9
Quantrix
8.8
Management Reporting
Anaplan
8.8
Quantrix
8.3
Excel-based Reporting
Anaplan
1.9
Quantrix
Automated board and financial reporting
Anaplan
8.7
Quantrix
7.6

Analytics

Anaplan
6.3
Quantrix
7.5
Personalized dashboards
Anaplan
6.0
Quantrix
8.1
Color-coded scorecards
Anaplan
6.0
Quantrix
6.4
KPIs
Anaplan
7.0
Quantrix
7.6
Cost and profitability analysis
Anaplan
6.1
Quantrix
8.0
Key Performance Indicator setting
Anaplan
5.8
Quantrix
7.7
Benchmarking with external data
Anaplan
7.1
Quantrix
7.3

Integration

Anaplan
7.8
Quantrix
7.3
Flat file integration
Anaplan
8.4
Quantrix
7.9
Excel data integration
Anaplan
6.6
Quantrix
6.5
Direct links to 3rd-party data sources
Anaplan
8.6
Quantrix
7.4

Pros

Anaplan

  • 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

Quantrix

  • Building complex financial planning model availing of a multidimensional data structure coupled with a powerful formula language, with the immediacy and intuitiveness typical of spreadsheets
  • Implement quickly model modifications (new products, new scenarios, new time periods) simply adding new "items" to "categories" (corresponding to dimensions in a multidimensional data model)
  • Scale up models to very large datasets with very fast computation times
  • Easily import data from text files, other Quantrix models and external databases via DataLink and DataNAV
  • Save snapshots of tables computed in Quantrix to external databases via DataPush
Luca Erzegovesi profile photo

Cons

Anaplan

  • Performance - in the case of complex business cases, the size of Anaplan is increasing drastically, and even a simple click would take more than it should.
  • UI - The User interface needs to be improved: group/expand hierarchy, "Ctrl " + select option to allow multi selection, Content page clean up, easier "Drag & drop" when customizing or building exports.
  • Review & enhance the type of security user roles.
Szilvia Havasreti profile photo

Quantrix

  • Hard to be critical of the Quantrix team as I know they strive to produce the best product possible. I suppose the next thing on my wish list would be the application of the new Solver functionality to be available in the Qloud.
  • A big help for new users would be a good book on transitioning from Excel or other environment into Quantrix. I know first hand it can be difficult to transition when having to learn the program through a help guide, forums and tech support. I had a lot of trial and error in my journey to producing the desired models. On one hand it was a valuable method as it taught me a lot of what not to do, but I will admit it was not the most efficient way to do things.
  • Would also love to see local user groups being formed at some point in the future. Quantrix puts on a fantastic conference once a year in beautiful Maine, but it is a big journey for someone in Southern California (and limited to one or two days a year). I would like to see some local chapters formed in different areas of the country so local Quantrix users can get together more often and collaborate (maybe a quarterly or semi-annual meetup?). Our Quantrix community is still relatively small and may be a difficult task for some areas, but is also the very reason why this would be great idea.
Jason Klinghoffer, CFA profile photo

Likelihood to Renew

Anaplan

Anaplan 8.2
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

Quantrix

No score
No answers yet
No answers on this topic

Usability

Anaplan

Anaplan 8.2
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

Quantrix

Quantrix 8.2
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

Anaplan

Anaplan 10.0
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

Quantrix

No score
No answers yet
No answers on this topic

Performance

Anaplan

Anaplan 9.0
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

Quantrix

No score
No answers yet
No answers on this topic

Support

Anaplan

Anaplan 8.1
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

Quantrix

No score
No answers yet
No answers on this topic

In-Person Training

Anaplan

Anaplan 3.0
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

Quantrix

No score
No answers yet
No answers on this topic

Online Training

Anaplan

Anaplan 5.0
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

Quantrix

No score
No answers yet
No answers on this topic

Implementation

Anaplan

Anaplan 6.7
Based on 12 answers
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.
Steve Ridgley profile photo

Quantrix

No score
No answers yet
No answers on this topic

Alternatives Considered

Anaplan

Anaplan was an easy choice because two other divisions in our company used it in limited ways - either only sales ops or financial reporting. In addition, it was the hands down best choice given the complexity and size of our organization. We operate in a highly matrixed organization across the globe therefore, we needed a powerful and flexible platform; not all options allowed for this flexibility nor were they suited for large multi-national companies.
Tara Kirby profile photo

Quantrix

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

Anaplan

Anaplan 7.0
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

Quantrix

No score
No answers yet
No answers on this topic

Return on Investment

Anaplan

  • 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

Quantrix

  • Capacity forecasting used to take hours to calculate with a ton of manual modifications. Quantrix has automated that so a model can be updated at any time with a click of a button
  • The accuracy of the models is incredible. It took some tweaking to add in data scubbers, but now it runs almost flawlessly
  • The confidence the management teams have in the output of the model is amazing. Before, people would question the output, have you rebuild it, and then compare. Now the report comes out and the output has high confidence.
Don Reese profile photo

Pricing Details

Anaplan

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional

Quantrix

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

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