What users are saying about

Anaplan

Top Rated
205 Ratings

Anaplan

Top Rated
205 Ratings
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Score 8.3 out of 101

Workday Prism Analytics

1 Ratings
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Score 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

Workday Prism Analytics

If any client is seriously looking for a BI tool on Hadoop and doesn’t want to compromise with any technology barriers with Hadoop such as security, compressions, formats etc., I recommend platfora for them. If clients are not dealing with big data then I don't recommend this tool.It’s a great tool to do quantitative, time series analysis and data science.
Srikanth Daggumalli profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Anaplan
7.4
Workday Prism Analytics
Long-term financial planning
Anaplan
7.4
Workday Prism Analytics
Financial budgeting
Anaplan
8.1
Workday Prism Analytics
Forecasting
Anaplan
7.6
Workday Prism Analytics
Scenario modeling
Anaplan
6.5
Workday Prism Analytics
Management reporting
Anaplan
7.6
Workday Prism Analytics

Consolidation and Close

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

FInancial Reporting and Compliance

Anaplan
7.5
Workday Prism Analytics
Financial Statement Reporting
Anaplan
7.0
Workday Prism Analytics
Management Reporting
Anaplan
8.3
Workday Prism Analytics
Excel-based Reporting
Anaplan
6.9
Workday Prism Analytics
Automated board and financial reporting
Anaplan
8.0
Workday Prism Analytics

Analytics

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

Integration

Anaplan
8.3
Workday Prism Analytics
Flat file integration
Anaplan
8.3
Workday Prism Analytics
Excel data integration
Anaplan
8.3
Workday Prism Analytics
Direct links to 3rd-party data sources
Anaplan
8.2
Workday Prism Analytics

Pros

  • It is a very user-friendly platform that allows individuals without IT backgrounds to build models in simple syntax. If you know how to use Excel, you will be able to pick up model building in Anaplan with relative ease using the guided build methodology.
  • Anaplan is a blank slate that allows for multi-dimension models in which we determine the dimensions versus forcing us to adhere to predetermined dimensions.
  • Maintaining our company hierarchies in data hub allows us to change information there and have it automatically pushed out to all spoke models versus changing 10-20 spreadsheets.
Tara Kirby profile photo
  • It's web based. No need to install any desktop clients on your machine to use platfora.
  • It's best suited for a big data Hadoop environment. I can rate it as the #1 BI tool for a big data hadoop environment.
  • Platfora follows kind of the same architecture as Hadoop architecture like Master and Slave architecture. It scales with the data volumes.
  • Querying data is very good and very fast. (Platfora Lens)
  • Client presentation wise it's good. You can get different kinds of graphs.
  • Platfora almost supports everything on Big Data technologies including file formats, compression etc.
  • Security is not compromised and it can deal in parallel with any Hadoop distributor security implementations. Just take an example of Knox on Hortonworks, so it will deal with that and cloudera , MapR
  • Its very easily understandable and for the new people who wants to try platfora, learning curve is low
  • You can create your own datasets in platfora. You can store your results as a dataset in platfora and can share across
Srikanth Daggumalli profile photo

Cons

  • Errors handling. If you make a mistake in formula, the model might freeze for all users for several minutes.
  • Multistage calculations may cause the app to work slowly.
  • Too few functions are yet available. Tons of simple actions are really hard to implement in some cases including PRODUCT, VLOOKUP and CASE SELECT.
  • Bugs that were reported months ago are not fixed.
  • Really poor technical support. There are only 5 or so tech support guys globally and you have to wait for their answer sometimes for too long. Mostly they only give you temporary workarounds because of the bugs that won't be fixed in the nearest future.
  • No Android app.
  • End users have no interface settings at all. Only administrators may save export views and all the useful tune-ups.
  • No friendly interface to edit user rights. When their quantity exceeds 30 or more changing the rights becomes a disaster.
Максим Шилиманов profile photo
  • Data Movement - Data needs to be moved from Hadoop to Platfora to create Platfora Lens and to do analytics.
  • To support Data movement, infrastructure cost is high.
  • To support data movement, network bandwidth consumption is high.
  • No trial versions for companies to evaluate.
Srikanth Daggumalli 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
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
No score
No answers yet
No answers on this topic

Alternatives Considered

Anaplan provided a whiteboard that allowed us to set up our unique business as we saw fit. Other programs had built-in forecasting modules that we needed to adapt to. Our company is retail but also collections so flexibility was the key when making the final decision. Plus, Anaplan seemed more cutting edge, new school, in comparison to the other competitors.
David Cintron profile photo
Srikanth Daggumalli profile photo

Lines of Business and Business Impact

Anaplan has greatly reduced the amount of time it takes for us to budget and analyze budget vs. actuals. It's also been very useful in making sure our financial statements are accurate, because it allows us to upload a preliminary trial balance very quickly and compare our budget to a first look at actual data. It has also made it easier to keep track of department budget inputs since they are all in one place instead of dozens of Google or Excel sheets.
Michael McIntosh 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

  • I'm sure the impact is positive. We have streamlined many processes and created capacity for our finance team.
  • It's great to have "one source of truth" and know that everyone is looking at the same metrics.
Kelley Haghighi profile photo
  • It's very positive for us to use platfora in terms of ROI
Srikanth Daggumalli 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/

Workday Prism Analytics

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