What users are saying about

Anaplan

Top Rated
205 Ratings

TIBCO MDM

4 Ratings

Anaplan

Top Rated
205 Ratings
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Score 8.3 out of 101

TIBCO MDM

4 Ratings
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Score 5.8 out of 101

Add comparison

Likelihood to Recommend

Anaplan

Anaplan is great for Sales Ops, FP&A, and basically anything that is heavy Excel-based. It's great at summarizing large amounts of data, like pivot tables. It's also great for crunching Salesforce data. I don't have a need for SQL, but I'm sure it would great for any kind of database summarization use case.
Dan Shuwarger profile photo

TIBCO MDM

There's no doubt that MDM is a very capable tool, however due to the complex configuration it can sometimes be difficult to get everything to function correctly. The out-of-the-box configurations gives you a lot of options, but we're finding this isn't usually friendly enough to be usable without additional customization.
John Rensberger profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Anaplan
7.4
TIBCO MDM
Long-term financial planning
Anaplan
7.4
TIBCO MDM
Financial budgeting
Anaplan
8.1
TIBCO MDM
Forecasting
Anaplan
7.7
TIBCO MDM
Scenario modeling
Anaplan
6.5
TIBCO MDM
Management reporting
Anaplan
7.6
TIBCO MDM

Consolidation and Close

Anaplan
6.5
TIBCO MDM
Financial data consolidation
Anaplan
7.7
TIBCO MDM
Journal entries and reports
Anaplan
6.6
TIBCO MDM
Multi-currency management
Anaplan
6.2
TIBCO MDM
Intercompany Eliminations
Anaplan
5.9
TIBCO MDM
Minority Ownership
Anaplan
6.0
TIBCO MDM
Local and consolidated reporting
Anaplan
7.1
TIBCO MDM
Detailed Audit Trails
Anaplan
6.1
TIBCO MDM

FInancial Reporting and Compliance

Anaplan
7.6
TIBCO MDM
Financial Statement Reporting
Anaplan
7.0
TIBCO MDM
Management Reporting
Anaplan
8.3
TIBCO MDM
Excel-based Reporting
Anaplan
6.9
TIBCO MDM
Automated board and financial reporting
Anaplan
8.0
TIBCO MDM

Analytics

Anaplan
6.7
TIBCO MDM
Personalized dashboards
Anaplan
5.3
TIBCO MDM
Color-coded scorecards
Anaplan
6.0
TIBCO MDM
KPIs
Anaplan
7.0
TIBCO MDM
Cost and profitability analysis
Anaplan
7.0
TIBCO MDM
Key Performance Indicator setting
Anaplan
7.4
TIBCO MDM
Benchmarking with external data
Anaplan
7.2
TIBCO MDM

Integration

Anaplan
8.3
TIBCO MDM
Flat file integration
Anaplan
8.3
TIBCO MDM
Excel data integration
Anaplan
8.3
TIBCO MDM
Direct links to 3rd-party data sources
Anaplan
8.2
TIBCO MDM

Pros

  • Allows non-technical business-oriented individuals create functionality in the system.
  • Highly customizable.
  • Excellent business partner from a people perspective. Very focused on customer success, not just the next PO.
Michael Lauer profile photo
  • Auditing/versioning/event logs are helpful and effective.
  • Data model is very capable and flexible and provides advanced functionality out of the box.
  • Highly customizable, almost intimidating the number of options.
  • The bundled components (Patterns and ActiveSpaces) are necessary and are what really give the tool so many capabilities.
John Rensberger profile photo

Cons

  • The charts. It has been a battle for years to have Anaplan add little nuaces here and there. For example, you can't change the font on tables on a dashboard. The little things do matter. Most of the time I just export my data and create a graph in Excel.
  • If I want to add an available column to my view, I have to show all on everything and then dig through ALL the rows/columns on the screen. It's like having to create the (original carefully constructed) view from scratch.
  • Desktop Support is weak. When we first acquired it was one of the strengths of anaplan. Gurus were always available and you could solve a problem at first contact via a GoToMeeting. Nowadays guru availability is spotty and it usually takes several conversations where someone has to ask someone else how to solve the issue. By the time I finally get an answer I've already found an alternative and have moved on to something else.
David Cintron profile photo
  • The out-of-the-box UI and APIs are somewhat kludgy outside of for integration purposes.
  • Configuration can be somewhat difficult, even with the configurator we sometimes face difficulty getting elements to be configured properly.
  • There are many dependencies for the product to run and it sometimes is dependent on specific versions (WebLogic) of tools to operate correctly.
John Rensberger 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
No score
No answers yet
No answers on this topic

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

Anaplan8.0
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

Anaplan6.8
Based on 12 answers
I won't rate this low due to the 3rd party consultant, because overall the implementation with Anaplan went great. We had working models in our first month of having Anaplan, and have been able to branch out into multiple facets of the business in the 3 years since our first implementation.
Joe Bradbury profile photo
No score
No answers yet
No answers on this topic

Alternatives Considered

It made sense to use Anaplan as it had already been built up by our sales and supply chain teams.
Sharon Kam profile photo
Avino Alessandro profile photo

Lines of Business and Business Impact

Anaplan has transformed the way we operate our finance department. We have slashed the amount of time it takes to build manual reports and instead can focus our energy on providing greater detail and insight for our budget managers. We've reduced our processing time from 3 days down to 15-30 minutes per month. We also can provide data to our end users that they never have had access to before
Jake Cosenza profile photo
No answers on this topic

Selection Process

Adaptive and Host Analytics
More flexible and able to handle more data.
Tommy Bettles profile photo
No answers on this topic

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

  • 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
  • It is doing fairly well at keeping data consistent and is starting to allow us to find more issues with data.
John Rensberger 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/

TIBCO MDM

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details