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Top Rated
234 Ratings

Anaplan

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Top Rated
234 Ratings
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Score 8.8 out of 100
1 Rating
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Score 8 out of 100

Likelihood to Recommend

Anaplan

Anaplan is great for collaborative planning and complex business models that require frequent updates and quick feedback. Ease of use, ease of development, deployment & maintenance accelerates business adoptionIt's not a great reporting or analytics tool. Limited model sizes limit the capability to capture large data sets and need for Data Warehouse for plan over plan & historic analysis and reporting
Rama Narravula | TrustRadius Reviewer

SAP Profitability and Performance Management

PAPM is well suited for use cases requiring complex profitability and cost modeling where large volumes of detailed data are required. It executes calculations and allocation very rapidly at whatever level of detail is required (customer, product number, etc.). PAPM is not a reporting tool. Although it has some basic reporting functionality, the results of the models executed in PAPM need to be written to a HANA database to be accessed by reporting and analytics tools such as SAC, Tableau, or Business Objects.
Robert Harper | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

Anaplan
7.7
SAP Profitability and Performance Management
Customizable dashboards
Anaplan
7.7
SAP Profitability and Performance Management

Report Output and Scheduling

Anaplan
8.4
SAP Profitability and Performance Management
Publish to PDF
Anaplan
8.8
SAP Profitability and Performance Management
Report Versioning
Anaplan
8.5
SAP Profitability and Performance Management
Report Delivery Scheduling
Anaplan
7.7
SAP Profitability and Performance Management

Access Control and Security

Anaplan
9.1
SAP Profitability and Performance Management
9.0
Role-Based Security Model
Anaplan
9.1
SAP Profitability and Performance Management
9.0
Multi-User Support (named login)
Anaplan
SAP Profitability and Performance Management
9.0
Multiple Access Permission Levels (Create, Read, Delete)
Anaplan
SAP Profitability and Performance Management
9.0
Single Sign-On (SSO)
Anaplan
SAP Profitability and Performance Management
9.0

Mobile Capabilities

Anaplan
7.3
SAP Profitability and Performance Management
Responsive Design for Web Access
Anaplan
8.3
SAP Profitability and Performance Management
Dedicated iOS Application
Anaplan
6.7
SAP Profitability and Performance Management
Dedicated Android Application
Anaplan
7.3
SAP Profitability and Performance Management
Dashboard / Report / Visualization Interactivity on Mobile
Anaplan
6.8
SAP Profitability and Performance Management

Budgeting, Planning, and Forecasting

Anaplan
8.7
SAP Profitability and Performance Management
8.0
Long-term financial planning
Anaplan
8.3
SAP Profitability and Performance Management
8.0
Financial budgeting
Anaplan
8.9
SAP Profitability and Performance Management
8.0
Forecasting
Anaplan
8.8
SAP Profitability and Performance Management
8.0
Scenario modeling
Anaplan
9.0
SAP Profitability and Performance Management
7.0
Management reporting
Anaplan
8.6
SAP Profitability and Performance Management
9.0

Consolidation and Close

Anaplan
7.2
SAP Profitability and Performance Management
7.7
Financial data consolidation
Anaplan
8.4
SAP Profitability and Performance Management
Journal entries and reports
Anaplan
7.9
SAP Profitability and Performance Management
7.0
Multi-currency management
Anaplan
6.2
SAP Profitability and Performance Management
7.0
Intercompany Eliminations
Anaplan
6.0
SAP Profitability and Performance Management
Minority Ownership
Anaplan
6.0
SAP Profitability and Performance Management
Local and consolidated reporting
Anaplan
8.3
SAP Profitability and Performance Management
Detailed Audit Trails
Anaplan
7.6
SAP Profitability and Performance Management
9.0

Financial Reporting and Compliance

Anaplan
8.5
SAP Profitability and Performance Management
8.0
Financial Statement Reporting
Anaplan
9.0
SAP Profitability and Performance Management
Management Reporting
Anaplan
8.7
SAP Profitability and Performance Management
8.0
Excel-based Reporting
Anaplan
7.4
SAP Profitability and Performance Management
8.0
Automated board and financial reporting
Anaplan
9.0
SAP Profitability and Performance Management

Analytics

Anaplan
8.3
SAP Profitability and Performance Management
8.3
Personalized dashboards
Anaplan
9.0
SAP Profitability and Performance Management
Color-coded scorecards
Anaplan
8.3
SAP Profitability and Performance Management
KPIs
Anaplan
8.0
SAP Profitability and Performance Management
8.0
Cost and profitability analysis
Anaplan
8.6
SAP Profitability and Performance Management
9.0
Key Performance Indicator setting
Anaplan
8.7
SAP Profitability and Performance Management
Benchmarking with external data
Anaplan
7.0
SAP Profitability and Performance Management
8.0

Integration

Anaplan
8.3
SAP Profitability and Performance Management
8.0
Flat file integration
Anaplan
8.5
SAP Profitability and Performance Management
8.0
Excel data integration
Anaplan
8.0
SAP Profitability and Performance Management
8.0
Direct links to 3rd-party data sources
Anaplan
8.5
SAP Profitability and Performance Management
8.0

Ad-hoc Reporting

Anaplan
SAP Profitability and Performance Management
6.5
Drill-down analysis
Anaplan
SAP Profitability and Performance Management
8.0
Formatting capabilities
Anaplan
SAP Profitability and Performance Management
5.0

Data Discovery and Visualization

Anaplan
SAP Profitability and Performance Management
6.5
Pre-built visualization formats (heatmaps, scatter plots etc.)
Anaplan
SAP Profitability and Performance Management
8.0
Location Analytics / Geographic Visualization
Anaplan
SAP Profitability and Performance Management
5.0

Pros

Anaplan

  • Allows the business to link different planning streams into one place
  • Gives users a single source to view data, no more comparing offline templates in excel
  • Intuitive new UX that allows us to be more customizable when tailoring to needs of end-users
Scott Eckman | TrustRadius Reviewer

SAP Profitability and Performance Management

  • Data enrichment (complex joins, lookups, and derivations).
  • Complex allocations and calculations.
  • Operates at a very high speed without disrupting the host HANA environment.
  • Connectivity to BW HANA and BPC.
Robert Harper | TrustRadius Reviewer

Cons

Anaplan

  • Enablement -- Anaplan should invest more in both its training capability and training content. Anaplan is not the most difficult tool to learn, but having more foundation in this area would make the ramp-up process significantly easier
  • Storage -- Anaplan is not a data warehouse. This is understandable given data warehousing is not their primary value proposition, but many times we run close to the storage limits of Anaplan, and it would be great if Anaplan had different storage size options for its workspaces.
  • User Interface -- Anaplan's user interface could be streamlined and improved to become more intuitive and accommodate more shortcut keys.
Matthew Kuo | TrustRadius Reviewer

SAP Profitability and Performance Management

  • Connectivity to SAP Analytics Cloud (this is supposedly on SAP's roadmaps to deliver in 2020).
  • The new tool has some bugs and quirks that need to be worked out. SAP is delivering enhancements on a regular basis.
  • Reports and queries.
  • Model Flow diagramming could work better and be visible for download or printing for training and MOC purposes.
  • Documentation is weak, both in system help screens and user manuals need to be more detailed.
Robert Harper | TrustRadius Reviewer

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 | TrustRadius Reviewer

SAP Profitability and Performance Management

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 | TrustRadius Reviewer

SAP Profitability and Performance Management

No score
No answers yet
No answers on this topic

Reliability and Availability

Anaplan

Anaplan 10.0
Based on 2 answers
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 | TrustRadius Reviewer

SAP Profitability and Performance Management

No score
No answers yet
No answers on this topic

Performance

Anaplan

Anaplan 9.0
Based on 2 answers
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 | TrustRadius Reviewer

SAP Profitability and Performance Management

No score
No answers yet
No answers on this topic

Support Rating

Anaplan

Anaplan 9.1
Based on 5 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 | TrustRadius Reviewer

SAP Profitability and Performance Management

SAP Profitability and Performance Management 7.0
Based on 1 answer
We did get excellent support from SAP during our implementation project. We will see about the SAP support over the long term.
Robert Harper | TrustRadius Reviewer

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 | TrustRadius Reviewer

SAP Profitability and Performance Management

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 | TrustRadius Reviewer

SAP Profitability and Performance Management

No score
No answers yet
No answers on this topic

Implementation Rating

Anaplan

Anaplan 6.7
Based on 24 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 | TrustRadius Reviewer

SAP Profitability and Performance Management

No score
No answers yet
No answers on this topic

Alternatives Considered

Anaplan

During the selection process at the end of 2012, we were thinking of Excel as the main tool, or an in-house software built by ourselves, however, this would have taken us ages, so we checked what is available on the market. Anaplan was a small start-up at that time, but it helped us to ensure we can customize the software to our needs.
Szilvia Havasreti | TrustRadius Reviewer

SAP Profitability and Performance Management

No answers on this topic

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 | TrustRadius Reviewer

SAP Profitability and Performance Management

No score
No answers yet
No answers on this topic

Return on Investment

Anaplan

  • Anaplan has been good to plan future fiscal years, by doing the planning in here and seeing the financial impact certain variables can produce it is easier to make decisions within the company such as hiring, eliminating certain costs etc., to achieve the financial results as set in the company goals.
  • Dashboards have been really helpful for the financial executives as very specific data can be analysed and presented in the dashboards focused to specific financial teams, so it is easier to see the actual results and forecasts.
  • On the negative side, since Anaplan is a complex tool to handle, it is better to have a dedicated resource or resources to the handling in Anplan. Regular business analysts could not handle their regular tasks and doing complex configurations in Anaplan without the help of well trained Anaplan resources, extra dedicated resources are needed to work with Anaplan.
Anonymous | TrustRadius Reviewer

SAP Profitability and Performance Management

  • Will lower IT costs by enabling business analysts to create and execute complex profitability and cost models.
  • Will improve the velocity of period close and reporting cycles by executing complex allocations and calculations much more quickly than tools such as CO or COPA.
  • Lowers cost by reducing requirements for ETL development and data replication.
Robert Harper | TrustRadius Reviewer

Screenshots

Pricing Details

Anaplan

General

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

SAP Profitability and Performance Management

General

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

Rating Summary

Likelihood to Recommend

Anaplan
8.8
SAP Profitability and Performance Management
8.0

Likelihood to Renew

Anaplan
8.2
SAP Profitability and Performance Management

Usability

Anaplan
8.2
SAP Profitability and Performance Management

Reliability and Availability

Anaplan
10.0
SAP Profitability and Performance Management

Performance

Anaplan
9.0
SAP Profitability and Performance Management

Support Rating

Anaplan
9.1
SAP Profitability and Performance Management
7.0

In-Person Training

Anaplan
3.0
SAP Profitability and Performance Management

Online Training

Anaplan
5.0
SAP Profitability and Performance Management

Implementation Rating

Anaplan
6.7
SAP Profitability and Performance Management

Scalability

Anaplan
7.0
SAP Profitability and Performance Management

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