What users are saying about
213 Ratings
36 Ratings
213 Ratings
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Score 8.3 out of 101
36 Ratings
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Score 8.5 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

CCH Tagetik

CCH Tagetik is great for pulling together financial data for the purposes of budgeting, planning, and forecasting. I think it will likely have other uses in our organization as well as we become more familiar with it and adept at using it.
No photo available

Feature Rating Comparison

BI Standard Reporting

Anaplan
7.2
CCH Tagetik
Customizable dashboards
Anaplan
7.2
CCH Tagetik

Report Output and Scheduling

Anaplan
8.0
CCH Tagetik
Publish to PDF
Anaplan
8.3
CCH Tagetik
Report Versioning
Anaplan
8.3
CCH Tagetik
Report Delivery Scheduling
Anaplan
7.3
CCH Tagetik

Mobile Capabilities

Anaplan
6.9
CCH Tagetik
Responsive Design for Web Access
Anaplan
6.9
CCH Tagetik

Budgeting, Planning, and Forecasting

Anaplan
8.5
CCH Tagetik
8.8
Long-term financial planning
Anaplan
7.9
CCH Tagetik
9.2
Financial budgeting
Anaplan
8.8
CCH Tagetik
9.2
Forecasting
Anaplan
9.0
CCH Tagetik
8.1
Scenario modeling
Anaplan
8.5
CCH Tagetik
9.2
Management reporting
Anaplan
8.4
CCH Tagetik
8.5

Consolidation and Close

Anaplan
7.3
CCH Tagetik
8.1
Financial data consolidation
Anaplan
8.7
CCH Tagetik
8.0
Journal entries and reports
Anaplan
7.6
CCH Tagetik
8.0
Multi-currency management
Anaplan
6.2
CCH Tagetik
9.3
Intercompany Eliminations
Anaplan
6.0
CCH Tagetik
8.5
Minority Ownership
Anaplan
6.0
CCH Tagetik
7.2
Local and consolidated reporting
Anaplan
8.3
CCH Tagetik
7.6
Detailed Audit Trails
Anaplan
8.1
CCH Tagetik
7.9

FInancial Reporting and Compliance

Anaplan
8.0
CCH Tagetik
8.6
Financial Statement Reporting
Anaplan
9.3
CCH Tagetik
8.8
Management Reporting
Anaplan
8.9
CCH Tagetik
8.8
Excel-based Reporting
Anaplan
5.2
CCH Tagetik
9.2
Automated board and financial reporting
Anaplan
8.7
CCH Tagetik
8.8
XBRL support for regulatory filing
Anaplan
CCH Tagetik
7.3

Analytics

Anaplan
7.0
CCH Tagetik
8.3
Personalized dashboards
Anaplan
6.9
CCH Tagetik
8.4
Color-coded scorecards
Anaplan
7.2
CCH Tagetik
8.0
KPIs
Anaplan
7.0
CCH Tagetik
8.5
Cost and profitability analysis
Anaplan
7.0
CCH Tagetik
9.2
Key Performance Indicator setting
Anaplan
6.9
CCH Tagetik
8.5
Benchmarking with external data
Anaplan
7.1
CCH Tagetik
7.4

Integration

Anaplan
8.3
CCH Tagetik
8.5
Flat file integration
Anaplan
8.9
CCH Tagetik
9.6
Excel data integration
Anaplan
7.4
CCH Tagetik
9.6
Direct links to 3rd-party data sources
Anaplan
8.7
CCH Tagetik
6.4

Pros

Anaplan

  • Real - time - the cloud based technology allows all changes & its impact is visible in real time.
Szilvia Havasreti profile photo

CCH Tagetik

  • Excel interface capability makes it easier for user adoption
  • Web interface and workflow provide both simplicity and control
  • Multi-currency support
No photo available

Cons

Anaplan

  • I'd like to see a back button. While there is restore from backup, it is a long process that only Admins can perform. And all users lose changes of course.
  • As an Admin, my #1 request is: why can't we select multiple list members with check boxes? For example, if I have a list of depts., and want to see HR + Recruiting (two list members). Yes, I can build a line item that does that. But every combination of list members must be custom built.
  • Another one that I get asked for are hierarchies for line items. For example, if I have a List on pages, there will be "+" to group items. For example, I might have Finance, HR, and Recruiting, all in "G&A" which I could then open the "+" to expand and collapse (G&A) to show the detail. If I am pivoted on a Line Item on pages, this isn't possible.
  • Another big one I get asked for, is "why can't I save views?!" Of course Admins can, but I think users would really appreciate it this one. Please consider it!
Dan Shuwarger profile photo

CCH Tagetik

  • Until you get familiar with the software, screens, buttons, etc, are not necessarily intuitive. It just takes time
  • Without being involved in the implementation process. A new user might have some difficulty getting up to speed on writing reports and using the system.
  • Having a liaison at Tagetik that really understands our business needs so they can help guide us at various stages on implementing parts of Tagetik that we may not be aware of.
Susan Heffern 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

CCH Tagetik

CCH Tagetik 6.8
Based on 6 answers
The renewal of our use of Tagetik is stricly linked to the evolution of our reporting needs (especially those linked to compliance reasons). The implementation of new releases which could take benefit of state-of-the-art technologies (e.g. big data or mobile) could be done at a moderate pace in order to empower our user and make them confident about the potential and the performances of the platform.
Alessandro MANTINI profile photo

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

CCH Tagetik

CCH Tagetik 6.6
Based on 3 answers
Tagetik has a complex engine which could be easily managed by a web-based interface and an Excel .net macro which allows a quick learning of the application's main functions. Even everyday system maintenance is very easy to manage too, once you understand the underlying consolidation model. In wider terms, once you made the first configuration and you feed the data model, many annoying routines could be easily automated, with a great gain in terms of time spent on application maintenance.
Alessandro MANTINI 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

CCH Tagetik

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

CCH Tagetik

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

CCH Tagetik

CCH Tagetik 7.3
Based on 4 answers
Have never had a reason to give a negative rating
Susan Heffern profile photo

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

CCH Tagetik

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

CCH Tagetik

No score
No answers yet
No answers on this topic

Implementation

Anaplan

Anaplan 6.7
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

CCH Tagetik

CCH Tagetik 6.4
Based on 2 answers
Get a project manager and have someone on the team who knows your databases and systems inside and out.
Susan Heffern profile photo

Alternatives Considered

Anaplan

In my opinion, Anaplan is on a completely different level than any other CPM system. In looking at other systems, the ability to model doesn't even come close to what Anaplan can do. Reporting and BI is made better through synchronization. There is just really no comparison. If you want to have your planning really connected to your actual business, then Anaplan is the only way to go.
Chris Friederich profile photo

CCH Tagetik

Are all very different. Tagetik was more flexible and diverse and has the ability to grow with future unforeseen business issues.
Susan Heffern 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

CCH Tagetik

No score
No answers yet
No answers on this topic

Return on Investment

Anaplan

  • 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

CCH Tagetik

  • Affordable product
  • Consolidations has saved time
  • Feeling that we can trust the numbers when we send them to our leadership group
Bobbi Miller profile photo

Pricing Details

Anaplan

General

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

CCH Tagetik

General

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

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