What users are saying about

Anaplan

Top Rated
205 Ratings

Vena Solutions

21 Ratings

Anaplan

Top Rated
205 Ratings
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Score 8.3 out of 101

Vena Solutions

21 Ratings
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Score 8.9 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

Vena Solutions

I think Vena Solutions works particularly well with ERPs that offer limited functionality and reporting. This product also works extremely well for the budgeting process
No photo available

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Anaplan
7.4
Vena Solutions
8.6
Long-term financial planning
Anaplan
7.4
Vena Solutions
8.7
Financial budgeting
Anaplan
8.1
Vena Solutions
8.8
Forecasting
Anaplan
7.7
Vena Solutions
8.4
Scenario modeling
Anaplan
6.5
Vena Solutions
8.5
Management reporting
Anaplan
7.6
Vena Solutions
8.7

Consolidation and Close

Anaplan
6.5
Vena Solutions
8.7
Financial data consolidation
Anaplan
7.7
Vena Solutions
8.9
Journal entries and reports
Anaplan
6.6
Vena Solutions
8.4
Multi-currency management
Anaplan
6.2
Vena Solutions
8.6
Intercompany Eliminations
Anaplan
5.9
Vena Solutions
8.7
Minority Ownership
Anaplan
6.0
Vena Solutions
9.1
Local and consolidated reporting
Anaplan
7.1
Vena Solutions
8.8
Detailed Audit Trails
Anaplan
6.1
Vena Solutions
8.4

FInancial Reporting and Compliance

Anaplan
7.6
Vena Solutions
8.7
Financial Statement Reporting
Anaplan
7.0
Vena Solutions
8.8
Management Reporting
Anaplan
8.3
Vena Solutions
8.3
Excel-based Reporting
Anaplan
6.9
Vena Solutions
8.9
Automated board and financial reporting
Anaplan
8.0
Vena Solutions
8.7

Analytics

Anaplan
6.7
Vena Solutions
8.9
Personalized dashboards
Anaplan
5.3
Vena Solutions
8.6
Color-coded scorecards
Anaplan
6.0
Vena Solutions
8.8
KPIs
Anaplan
7.0
Vena Solutions
9.1
Cost and profitability analysis
Anaplan
7.0
Vena Solutions
8.8
Key Performance Indicator setting
Anaplan
7.4
Vena Solutions
9.1
Benchmarking with external data
Anaplan
7.2
Vena Solutions
9.1

Integration

Anaplan
8.3
Vena Solutions
8.3
Flat file integration
Anaplan
8.3
Vena Solutions
8.3
Excel data integration
Anaplan
8.3
Vena Solutions
8.5
Direct links to 3rd-party data sources
Anaplan
8.2
Vena Solutions
8.2

Pros

  • 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
  • Vena Solutions is able to connect directly to our ERP giving us nearly unlimited potential for customized reports. It has given us a level of functionality we didn't know was possible. We have the ability to manipulate data and reports like we never have before!
  • Prior to using Vena Solutions we spent an entire day each month converting spreadsheets to PDFs and emailing them out to each of our 40 managers. With Vena Solutions this process is completely eliminated. The specific department that each manager needs to view is available for them to view when they log into their Vena Solutions account. No more converting PDFs and sending emails! Additionally, the drill down feature is amazing. Our managers can look at their reports and drill down on a number on their P&L. This will automatically pull a report of what items were allocated to that particular account. If managers had questions prior to Vena Solutions I would have to look up the information manually in our ERP and get back with them. Now the managers can do it themselves!
  • Our annual budgeting process has improved drastically. We are able to provide input templates to our managers for them to enter expense and sales projection data. The information is then sent to the CFO for review and then on to our profit budget.
No photo available

Cons

  • I believe user set up within Anaplan is one of the areas that could be improved greatly.
  • Workflow is another area that I believe could be improved. Currently, I do not believe, there is a way to create an action against workflow. This would be a great benefit rather than moving the item to complete or in progress if you could write an action for it.
Matthew Cantwell profile photo
  • We have only been working with Vena Solutions for a few months but we are very impressed with their customer service and have no complaints or suggestions at this time!
No photo available

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
Vena Solutions9.1
Based on 1 answer
We have been extremely satisfied with the Vena Solutions product and have been able to become more efficient in our budgeting, forecasting and salary planning processes, as well as adding functionality and accuracy that was not possible in the past. Administrators no longer have to keep track manually of each department's budgeted net, but can use a report created in Vena to report this information, as well as see which departments have not yet submitted information. Customer service has always been very responsive as well
Lori Lambert profile photo

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
Vena Solutions9.1
Based on 1 answer
One is only limited by their knowledge of Excel functions and basic understanding of database management. One does not need to know VBA, VB, C++ or even SQL.
Megan Bladen-Blinkoff 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

Anaplan8.0
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
Vena Solutions8.2
Based on 1 answer
Customer support has been very prompt for both bug fixes and data loading. Enhancement requests have taken a bit longer to implement, but are within what we would consider a normal time frame compared to other software we use. I rarely have to wait long for an issue to be resolved
Lori Lambert profile photo

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
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
Vena Solutions9.1
Based on 1 answer
The Vena consultant had great knowledge of both the Vena solution and Excel and Excel functions. He was able to help suggest ways to build our templates that met our requirements using Excel functions we had not previously considered using. And we have been able to use the Excel information he provided in other ways outside of Vena. He was very patient and flexible as we learned the Vena tool and created templates
Lori Lambert profile photo

Alternatives Considered

Anaplan was selected by management without technical expertise. Now there is no way back.
Максим Шилиманов profile photo
The reason we initially looked at Vena Solutions was for help with budgeting. We like Vena Solutions because it is Excel based and we knew that even if we selected a software to do our budgeting we would revert back to Excel at some point. So why not keep it all in Excel in the first place
No photo available

Lines of Business and Business Impact

It has provided a means to forecast while testing scenarios within multiple versions. It engaged the home office directors and operational managers to see their forecast and assess the changes that should be made. It became the much needed centerpoint where forecasting and budgeting data lives and breathes. In the past, forecasting was done via multiple Excel sheets, not standardized, and prone to human error.
David Cintron 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
  • Faster financial reporting - Previously, consolidated reporting took place only annually or quarterly, with a significant time requirement. Now we perform a monthly consolidation within a few weeks of each month end.
  • Cost efficient cost reports - We do a biweekly cost report on each production which previously took someone a full day to perform and is now largely done automatically, freeing up time for our staff to do other work.
George Taylor 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/

Vena Solutions

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required
$0*
1.  per user
Additional Pricing Details