What users are saying about
Anaplan
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Top Rated
234 Ratings
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Based on 234 reviews and ratings
30 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>Score 7.4 out of 100
Based on 30 reviews and ratings
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
Sr. Staff Analyst
Seagate TechnologyComputer Hardware, 10,001+ employees
Workday Financial Management
Workday is a very innovative platform that offers plenty of options and resources to its users in their daily lives. I have used Workday in three of the organizations I have worked in the past for. I am also a current user of Workday through my employer. Workday is best suitable for any retail or customer-facing environments. More and more companies are using Workday to even have strong candidates apply for a job. This helps them navigate their way through a platform that they will be using in the near future.
Customer Advocate
CarvanaInternet, 1001-5000 employees
Feature Rating Comparison
BI Standard Reporting
Anaplan
7.7
Workday Financial Management
—
Customizable dashboards
Anaplan
7.7
Workday Financial Management
—
Report Output and Scheduling
Anaplan
8.4
Workday Financial Management
—
Publish to PDF
Anaplan
8.8
Workday Financial Management
—
Report Versioning
Anaplan
8.5
Workday Financial Management
—
Report Delivery Scheduling
Anaplan
7.7
Workday Financial Management
—
Access Control and Security
Anaplan
9.1
Workday Financial Management
—
Role-Based Security Model
Anaplan
9.1
Workday Financial Management
—
Mobile Capabilities
Anaplan
7.3
Workday Financial Management
—
Responsive Design for Web Access
Anaplan
8.3
Workday Financial Management
—
Dedicated iOS Application
Anaplan
6.7
Workday Financial Management
—
Dedicated Android Application
Anaplan
7.3
Workday Financial Management
—
Dashboard / Report / Visualization Interactivity on Mobile
Anaplan
6.8
Workday Financial Management
—
Budgeting, Planning, and Forecasting
Anaplan
8.7
Workday Financial Management
—
Long-term financial planning
Anaplan
8.3
Workday Financial Management
—
Financial budgeting
Anaplan
8.9
Workday Financial Management
—
Forecasting
Anaplan
8.8
Workday Financial Management
—
Scenario modeling
Anaplan
9.0
Workday Financial Management
—
Management reporting
Anaplan
8.6
Workday Financial Management
—
Consolidation and Close
Anaplan
7.2
Workday Financial Management
—
Financial data consolidation
Anaplan
8.4
Workday Financial Management
—
Journal entries and reports
Anaplan
7.9
Workday Financial Management
—
Multi-currency management
Anaplan
6.2
Workday Financial Management
—
Intercompany Eliminations
Anaplan
6.0
Workday Financial Management
—
Minority Ownership
Anaplan
6.0
Workday Financial Management
—
Local and consolidated reporting
Anaplan
8.3
Workday Financial Management
—
Detailed Audit Trails
Anaplan
7.6
Workday Financial Management
—
Financial Reporting and Compliance
Anaplan
8.5
Workday Financial Management
—
Financial Statement Reporting
Anaplan
9.0
Workday Financial Management
—
Management Reporting
Anaplan
8.7
Workday Financial Management
—
Excel-based Reporting
Anaplan
7.4
Workday Financial Management
—
Automated board and financial reporting
Anaplan
9.0
Workday Financial Management
—
Analytics
Anaplan
8.3
Workday Financial Management
—
Personalized dashboards
Anaplan
9.0
Workday Financial Management
—
Color-coded scorecards
Anaplan
8.3
Workday Financial Management
—
KPIs
Anaplan
8.0
Workday Financial Management
—
Cost and profitability analysis
Anaplan
8.6
Workday Financial Management
—
Key Performance Indicator setting
Anaplan
8.7
Workday Financial Management
—
Benchmarking with external data
Anaplan
7.0
Workday Financial Management
—
Integration
Anaplan
8.3
Workday Financial Management
—
Flat file integration
Anaplan
8.5
Workday Financial Management
—
Excel data integration
Anaplan
8.0
Workday Financial Management
—
Direct links to 3rd-party data sources
Anaplan
8.5
Workday Financial Management
—
Payroll Management
Anaplan
—
Workday Financial Management
9.7
Pay calculation
Anaplan
—
Workday Financial Management
9.7
Benefit plan administration
Anaplan
—
Workday Financial Management
9.7
Direct deposit files
Anaplan
—
Workday Financial Management
9.7
Salary revision and increment management
Anaplan
—
Workday Financial Management
9.7
Reimbursement management
Anaplan
—
Workday Financial Management
9.7
Customization
Anaplan
—
Workday Financial Management
8.0
API for custom integration
Anaplan
—
Workday Financial Management
8.0
Plug-ins
Anaplan
—
Workday Financial Management
8.0
Security
Anaplan
—
Workday Financial Management
9.9
Single sign-on capability
Anaplan
—
Workday Financial Management
9.9
Role-based user permissions
Anaplan
—
Workday Financial Management
9.9
Reporting & Analytics
Anaplan
—
Workday Financial Management
9.7
Dashboards
Anaplan
—
Workday Financial Management
9.7
Standard reports
Anaplan
—
Workday Financial Management
9.8
Custom reports
Anaplan
—
Workday Financial Management
9.7
General Ledger and Configurable Accounting
Anaplan
—
Workday Financial Management
9.0
Accounts payable
Anaplan
—
Workday Financial Management
9.8
Accounts receivable
Anaplan
—
Workday Financial Management
9.8
Expense management
Anaplan
—
Workday Financial Management
8.0
Global Financial Support
Anaplan
—
Workday Financial Management
8.8
Primary and Secondary Ledgers
Anaplan
—
Workday Financial Management
8.0
Intercompany Accounting
Anaplan
—
Workday Financial Management
8.0
Localizations
Anaplan
—
Workday Financial Management
8.0
Journals and Reconciliations
Anaplan
—
Workday Financial Management
9.8
Configurable Accounting
Anaplan
—
Workday Financial Management
9.8
Centralized Rules Framework
Anaplan
—
Workday Financial Management
9.8
Standardized Processes
Anaplan
—
Workday Financial Management
9.8
Order Management
Anaplan
—
Workday Financial Management
10.0
Credit card processing
Anaplan
—
Workday Financial Management
10.0
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
Principal Consultant
Impetus Consulting GroupFinancial Services, 51-200 employees
Workday Financial Management
- We specically wanted a cloud financial management system that we could use in China and communicate reports to the headquarters organization and roll-up reporting. It performs well.
- It was reasonably priced since we are not a for-profit company and need the Workday flexibility for finance and accounting operations. Most of our requirements are met with this one system.
- The system worked efficiently with the additional security we built on to keep confidential. Many reports are ready off-the-shelf or easy to develop, which is a strength.

Verified User
Executive in Finance and Accounting
Higher Education Company, 10,001+ employeesCons
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.
Senior Sales Planning Analyst
Tableau SoftwareComputer Software, 1001-5000 employees
Workday Financial Management
- We only used this system for a short time before switching over to new software, but nothing from my experience. There are a lot of great tools with Workday Financial Management, I'm sure our other departments could have made great use out of features like inventory, expenses, or procurement.

Verified User
Employee in Corporate
Media Production Company, 201-500 employeesLikelihood 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
Manager, Financial Systems
Research NowMarket Research, 1001-5000 employees
Workday Financial 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.
Director, Financial Planning & Analysis
Cherwell SoftwareComputer Software, 201-500 employees
Workday Financial 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.
Manager, Financial Systems
Research NowMarket Research, 1001-5000 employees
Workday Financial 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.
Manager, Financial Systems
Research NowMarket Research, 1001-5000 employees
Workday Financial 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.
Manager, Financial Systems
Research NowMarket Research, 1001-5000 employees
Workday Financial Management
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.
Manager, Financial Systems
Research NowMarket Research, 1001-5000 employees
Workday Financial 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/
Manager, Financial Systems
Research NowMarket Research, 1001-5000 employees
Workday Financial 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.
Head of Sales Compensation
Robert HalfStaffing and Recruiting, 10,001+ employees
Workday Financial 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.
PPS EMEA CEP Sales Coverage Program Manager
HPInformation Technology and Services, 10,001+ employees
Workday Financial Management
- It is a simple and intuitive solution that can be customized for your specific needs.
- It unifies HR and finance, giving you predictive analytics, real-time insights, and global visibility.
- It offers a single version of the tool to meet the requirements of diverse companies.
- It integrates seamlessly with a large number of business apps and systems.
Customer Advocate
CarvanaInternet, 1001-5000 employees
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.
Manager, Financial Systems
Research NowMarket Research, 1001-5000 employees
Workday Financial 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.

Verified User
Consultant in Information Technology
Newspapers Company, 51-200 employeesWorkday Financial Management
- As a new starup affiliate five years ago, we did not have a huge budget. The ROI was met relatively quickly, no surprises here.
- With minimal consulting assistance, this made the implementation cost reasonable, if any software implementation could be considered reasonable.
- It was a risk to implement Workday Financial Management in one country but we did leverage it with HCM in the states.

Verified User
Executive in Finance and Accounting
Higher Education Company, 10,001+ employeesScreenshots
Pricing Details
Anaplan
General
Free Trial
—Free/Freemium Version
—Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional
Workday Financial Management
General
Free Trial
—Free/Freemium Version
—Premium Consulting/Integration Services
—Entry-level set up fee?
No