Right now, we are using Anaplan for workforce planning modeling. We use the historic attrition and internal movement data to forecast future hiring needs. It seems that other functions in my company are exploring Anaplan but as of now only HR has implemented two models using Anaplan.,Smart Import Features: When you have data in multiple dimensions, as long as you set up the corresponding fields correctly, it can be loaded into your Anaplan space fairly easily. Interactive Dashboard: As long as you set up hierarchy correctly, you can publish your numbers on the dashboard and just navigate to the level that you are interested in. Productivity: My favorite thing about Anaplan is that you can work on the formulas on a micro level (in my case, individual employee) and you only work on this once and it will apply to the whole and you can have the company view in no time. Doing the same thing in MS Excel could take much longer.,Graphical feature: Anaplan should explore more graphical features. In my case, I have to export my data to MS Visio to get an org chart. The conditional formatting options are still very limited right now. Formula for List Properties: It's only allowed to key in the formulas for these list properties. I'm not sure about the design philosophy. But I wish it could be similar to the formulas in modules to avoid mistakes. Training Documentation Version Control: Training documentations have some many mistakes. It seems no version control at all. Since using Anaplan requires to set up time properly, the training documentations need to be updated. Before you publish any document, can you let one of your employees (who are not authors of the documentation) to follow the documentation to see if he can complete tasks based on the directions on the documentation? All the modeler in my company had hard time to teach ourselves by using the documentation so none of us was able to complete the intermediate training.,6,Anaplan for HR,,We want to connect everything together in the enterprise so we can have an operational view of HR.,7

Anaplan Reviews

Score 8.4 out of 10

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September 05, 2018

User Review: "7 Years with Anaplan"

Andrew Paston

Financial Planning & Analysis Mgr

2degrees MobileTelecommunications, 1001-5000 employees

Score 10 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

We use Anaplan for financial reporting, planning and customer reporting.

Anaplan allows us to spend time on value added instead of spending time consolidating planning results in Excel. We can look at reviewing key trends. Forecasts are broken down into smaller tasks and distributed to the business resulting in less pressure on the FP&A team during forecast/budget rounds.

The reporting timeline is shorter as dashboards can be used for users to login and see their areas results which means we dont have to send out manual reports.

Anaplan allows very complex business modelling but without any of the complex language used in other tools and can be run by the users themselves. Results are recalculated on the fly with no wait time to run the recalc process.

Pros and Cons

Forecast consolidation and recalcuation
Dashboards for entry and review
Ease of modelling. Its like Excel but simpler to use.

Some of the charting is limited
Some formatting options could be better
Excel Add-in has only just been revamped

Likelihood to Recommend

Complex business or business with multi dimensional products or services, geographic locations or channels

Read Andrew Paston's full review

May 09, 2018

Anaplan Review: "Great product for most, probably not for me though."

Verified User

Analyst in Finance and Accounting

Financial Services Company, 1001-5000 employees

Score 3 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

We use Anaplan to set up our annual budget and do monthly projections. The model is used by 12 users in the department.

Pros and Cons

Anaplan does automatically what we had to do manually using Excel in the past. This saves both time and energy for the users.

Unless you're a technically-minded person, Anaplan doesn't logically make sense. It takes a lot of training and notes to learn how to use the system and can be incredibly frustrating. I often miss Excel and want to dump Anaplan for the archaic process.

Likelihood to Recommend

Anaplan seems to be geared towards the typical business with revenue and expenses, inventory, employees, etc to be tracked. Though we found a way to basically jury-rig the system to kind of work for us, it's not ideal and feels like a waste of money. However, in meeting with other users of Anaplan from non-government based businesses, they all seem to love it and it has made a world of a difference in their companies.

Read this authenticated review

November 10, 2017

Anaplan Review: "Excel on steroids!"

Szilvia Havasreti

PPS EMEA CEP Sales Coverage Program Manager

HPInformation Technology and Services, 10,001+ employees

Score 7 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

Anaplan is used across the whole organization, at WW level. The key problem was to remove offline spreadsheets for sales quota planning, deployment, and ensure automatic, real-time coverage analysis for the sales teams.

Pros and Cons

Real - time - the cloud based technology allows all changes & its impact is visible in real time.

Performance - in the case of complex business cases, the size of Anaplan is increasing drastically, and even a simple click would take more than it should.
UI - The User interface needs to be improved: group/expand hierarchy, "Ctrl " + select option to allow multi selection, Content page clean up, easier "Drag & drop" when customizing or building exports.
Review & enhance the type of security user roles.

Likelihood to Recommend

Sales performance management, various finance scenarios - Anaplan is good for automating calculations. It is less appropriate for very complex business cases.

Read Szilvia Havasreti's full review

August 01, 2017

User Review: "Anaplan Modeling on HR"

Yang Liu

Senior Analyst

T-MobileTelecommunications, 10,001+ employees

Score 6 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

Pros and Cons

Smart Import Features: When you have data in multiple dimensions, as long as you set up the corresponding fields correctly, it can be loaded into your Anaplan space fairly easily.
Interactive Dashboard: As long as you set up hierarchy correctly, you can publish your numbers on the dashboard and just navigate to the level that you are interested in.
Productivity: My favorite thing about Anaplan is that you can work on the formulas on a micro level (in my case, individual employee) and you only work on this once and it will apply to the whole and you can have the company view in no time. Doing the same thing in MS Excel could take much longer.

Graphical feature: Anaplan should explore more graphical features. In my case, I have to export my data to MS Visio to get an org chart. The conditional formatting options are still very limited right now.
Formula for List Properties: It's only allowed to key in the formulas for these list properties. I'm not sure about the design philosophy. But I wish it could be similar to the formulas in modules to avoid mistakes.
Training Documentation Version Control: Training documentations have some many mistakes. It seems no version control at all. Since using Anaplan requires to set up time properly, the training documentations need to be updated. Before you publish any document, can you let one of your employees (who are not authors of the documentation) to follow the documentation to see if he can complete tasks based on the directions on the documentation? All the modeler in my company had hard time to teach ourselves by using the documentation so none of us was able to complete the intermediate training.

Likelihood to Recommend

It makes sense for HR to use Anaplan to adapt to the ever-changing org structures.

Read Yang Liu's full review

July 24, 2017

User Review: "Complex modeling with Anaplan"

Verified User

Director in Finance and Accounting

Pharmaceuticals Company, 1001-5000 employees

Score 10 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

We currently use it for Demand Forecasting, Rebate Forecasting for Gross to Net, and building P&L for inline portfolio of products. We have expanded the use in Supply Chain and Accounting reconciliation. It is isolated into Finance and supply chain for the current usage, but I hope to expand it to other departments. We have developed weekly and daily tracking reports to be used by sales team as well.

Pros and Cons

Modeling capability - It has enough control to be a rigid system. Yet, it has enough flexibility to change with the needs of the business.
One version of truth - Same data source is being shared by many groups via dashboard, so there is no confusion on which version is the most recent.
Be able to create reports on the fly and provide access to the data set for those who need them.

Additional reporting capability, especially with formatting of the tables, charts, and graphs. I wish to be able to label axis, change colors of the graphs, define axis.
Dashboard - unable to place a "picture/logo" on a dashboard.
No auto e-mail capabilities. Once data is loaded into Anaplan, I would like to send an automatic e-mail that the load has been completed.
No mobile app is available. I wish there is a version (for dashboard) to see it on mobile device.

Likelihood to Recommend

Anaplan is good for data aggregation and being able to slice and dice the information as long as the relationships are defined properly. Once the data is loaded, it is fairly easy to create a dashboard to present the data. However, some analytical models are too complex to do in Anaplan. It can be done, but it takes a master Anaplaner to build it, and it is not as easy to maintain the system.

Read this authenticated review

November 10, 2017

"Anaplan Review from a Finance Professional in Tech"

Verified User

Analyst in Finance and Accounting

Computer Software Company, 1001-5000 employees

Score 9 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

Anaplan is still currently being used by Finance only but I can see how other departments like Sales Operations could benefit from the usage of Anaplan.

Pros and Cons

I think that Anaplan is good for workforce planning. The strength is that once you have the raw data of the personnel, one could upload the sheet for a more automated output.

It is at times difficult to trouble shoot. It would be nice to have better references to the source cells.

Likelihood to Recommend

Anaplan would be great if you have a plugin to your data source. For example, if you wanted booking information sourced directly from Salesforce. As long as the raw data is correct, there is far less maintenance to arrive at the output.

Read this authenticated review

November 14, 2017

Anaplan Review: "Freaky Fast"

Verified User

Analyst in Sales

Computer Software Company, 1001-5000 employees

Score 10 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

We use Anaplan to facilitate the management of our sales organization. From headcount to compensation planning.

Pros and Cons

Anaplan is very fast! Instantaneous updates to imported information.

Getting a blue-box error is the worst. If formula errors could not result in blocking other users out that would be an awesome improvement.

Likelihood to Recommend

Suited very well for planning organizations.

Read this authenticated review

October 31, 2017

User Review: "Anaplan, when in the right place/time"

Verified User

Analyst in Sales

Computer Software Company, 1001-5000 employees

Score 7 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

It is being used by sales/sales ops and finance for various types of forecasting and cash flow analysis. With the sales portion, the part I worked on it was ideally for an automated forecast for global sales org. What was "fully automated" was really maybe 75-80% automated which lead to a number of data integrity issues

Pros and Cons

Manipulation of big data
Viewing of live data across offices/the globe
The Hub offers a good area for getting more information

Standardized training offering
Lag times with large models
Product adoption, there needs to be more of a push because it is fairly specialized so finding talent that has used it is tough

Likelihood to Recommend

Appropriate: financial modeling, long range planning, sales forecasting (dependent on org structure). Less appropriate: when there is no IT management support at high levels and a tight budget for going live.

Read this authenticated review

July 17, 2017

Review: "Anaplan for Modeling of Sales Incentives"

Steve Ridgley

Head of Sales Compensation

Robert HalfStaffing and Recruiting, 10,001+ employees

Score 10 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

I purchased Anaplan to perform complex modeling of potential changes to our sales incentive programs. In addition to our usage, our finance team is beginning to explore the use of the tool for sales forecasting. With a sales organization in excess of 5000 people, it is critical to be able to adjust multiple variables across lines of business and understand the impact on each of our operating areas. Anaplan allows us to model multiple "what if" approaches simultaneously, perform side-by-side scenario analysis, and convey to our executive team what the specific tradeoffs are between options. Our responsiveness has been accelerated by orders of magnitude, and our conclusions are rooted in data.

Pros and Cons

I think the greatest strength of Anaplan is that the entire model is interconnected. The ability to update a single variable and have that change propagated through the entire model is unparalleled.
Another strength is the ability to have multiple users working in a given model simultaneously. We have had the experience of actively modeling to meet a deadline and realizing that some of the underlying assumptions and/or layout needed to be changed to support a new approach. While our model-builder made the back-end adjustments in Florida, our analyst continued to work through a new set of variables. We ended up with a completely refreshed approach in less than a half hour. With only two hours before our deadline, we NEVER would have even entertained making the change in Excel.
The thing that Anaplan does -- that I haven't seen elsewhere -- is the ability to get to data-driven analysis of the future. BI tools are great for reporting what has already happened, but fall short of predictive analytics and sensitivity analysis. Anaplan handles those with ease.

The reporting/dashboarding capability is adequate but could be enhanced.
Anaplan is somewhat intuitive ... but it DOES require an investment of time and energy to become proficient in it. The ability to use it for more and more use cases is limited by the number of personnel who truly understand the tool. The corollary is that unless that knowledge is spread to multiple people on the team, there can be substantial risk were a key resource to leave the group.
Building a new model does require a fair amount of up-front planning and construction. So there are some things we would rather do in Anaplan than Excel ... but unless they have continuing utility, we find ourselves unlikely to perform quick analyses in Anaplan.

Likelihood to Recommend

To date, I have used Anaplan for sales comp modeling, territory and quota planning, and sales forecasting. It has been well-suited to all three.

Read Steve Ridgley's full review

July 10, 2017

"Seagate Anaplan Review"

Christopher Pope

Manager

Seagate TechnologyComputer Hardware, 10,001+ employees

Score 8 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

The corp FP&A team is using it for financial budgets. The revenue planning team is using it for revenue planning. One of our units is using it for demand planning. The customer service org is using it for returns modeling. It's primarily a finance footprint but that footprint is growing outside finance.

Pros and Cons

Hyperbloc architecture -- the ability to see changes to models instantly cascade through all the models.
Function agnostic platform - the ability to adapt the platform to many different use cases and integrate those use cases into a connected planning environment.
Cloud architecture. Security and product enhancements come automatically.

The actions could be improved - make it obvious what the sources and targets of the are so we don't have to guess or put them in the action names. Also get a native scheduler! That's so simple and it's very frustrating and expensive to have to build/buy our own.
Reporting and UI still have a long way to go. Simple things like being able to alphabetize/order what you see on the screen, or add a rich color pallet to choose from.
User access management could improve. We need to have model level admins that don't have access to everything in the workspace. Also the tenant admin space doesn't work effectively. I can't remove a user from all models simultaneously. I also can't see all models a user has access to from the tenant admin space.

Likelihood to Recommend

It's great for complex models that require frequent updates and instant feedback. That describes most planning situations I know of. It's great for organizations that want to change plans and models independent of IT support or programming. It's not a great reporting or analytics tool. Ad-hoc analysis is a non-starter in the platform--you have to be a model builder and the process of generating a report is very cumbersome compared with something like Tableau.

Read Christopher Pope's full review

May 24, 2017

Anaplan: "SaaS FP&A Review"

Dan Shuwarger

Finance Manager, FP&A

SplunkComputer Software, 1001-5000 employees

Score 10 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

We have two Anaplan instances. Sales Ops uses it to manage headcount and for capacity planning. They have users and viewers of their headcount reporting.

I manage the FP&A instance which is used to plan headcount, expenses, capex, and COGS. We also use it for reporting for various cuts of the P&L, headcount, and balance sheet. This instance is only being used by FP&A, but we hope to role it out to business partners later in the year.

Pros and Cons

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

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!

Likelihood to Recommend

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.

Read Dan Shuwarger's full review

May 24, 2017

"Anaplan Review - Gaming"

Matthew Cantwell

Director of Business Intelligence Development

Choctaw Nation of Oklahoma- Division of CommerceGambling & Casinos, 5001-10,000 employees

Score 9 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

Currently we are using Anaplan for Planning and Budgeting. We are looking to begin using it for a forecasting and consolidation of data (Data Hub) and performance reporting models. The main business problem it has helped us with is the consolidation and ability to report on multiple dynamic hierarchies across a wide range of businesses. It has also being the driving force for process change within our organization.

Pros and Cons

We really like the Data Hub concept. We are working on multiple projects with regards to aggregating data from multiple sources, and Data Hub has worked well for us thus far.
Agility is key for our businesses and we feel that Anaplan gives us the ability to remain flexible and reactive to the changes throughout our businesses.
As a administrator I really like the resources provided by Anaplan such as Anapedia. It makes it really simple to ask questions and find answers if we are having difficulty with certain items.

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.

Likelihood to Recommend

We are really excited and looking forward to exploring the forecasting, and "What If" scenarios. Our current business structure makes it very difficult to forecast and project at any level, and I think Anaplan will be a great solution for us.

I think for any business that has multiple, or dynamic, hierarchies Anaplan is a great solution. We have reduced the time spent on these dynamic views by using subsets and properties with in the models.

I am looking forward to the increased the communication/connected planning aspect that Anaplan brings to our company. In the past we had thousands of Excel workbooks, some that were too large to email or open. We have seen improved interaction and clear lines of communication for our end users by using Anaplan for our budget process.

Read Matthew Cantwell's full review

May 19, 2017

User Review: "Doing it all with Anaplan"

Chris Friederich

Director, Financial Planning & Analysis

Cherwell SoftwareComputer Software, 201-500 employees

Score 10 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

We currently use Anaplan for FP&A - essentially having modeled out entire business on the platform. We use it in most all planning and forecasting discussions. Because of its flexibility, ease of use and ability to scenario test, it allows us to quickly and accurately make decisions that have a financial impact that would otherwise take days or weeks to make.

We are currently in the process of rolling out Anaplan for sales forecasting to increase accuracy and accountability in our sales forecasts.

Lastly, we are in the early stages of planning to use Anaplan for our business intelligence reporting capabilities. It will be used as our one source of truth for business metrics and results - something we desperately need and that Anaplan will work perfectly for.

Pros and Cons

Modeling is next level in Anaplan. With a background deep in Excel modeling and the frustrations that come along with it, Anaplan is a breath of fresh air and is actually fun to build and model in.
Dashboarding and synchronization. The synchronization feature in Anaplan is one of the greatest things ever. As its core Anaplan models are built around hierarchical lists and dimensions and using similar dimensions in dashboards allows you to synchronize to different views of the same data with simple clicks around a dashboard. It makes reporting and BI extremely user friendly and flexible.
Its fast. If you had the same exact model in Excel and Anaplan. That model in Excel would be like riding and old bike with under-inflated tires, while Anaplan would be like driving a Tesla in Ludicrous mode. The ability to have your entire business modeled on a single platform, potentially across multiple models, where when you make a change the entire model updates within seconds, is invaluable in making decisions.

Error handling can be annoying. A single formula error can lock up your model for 2-5 minutes while it reverts back to before you pressed enter, and while its improved a little in the year I've been using Anaplan, there are certain situations where I feel like it could be eliminated or made more efficient.
Time subsets would be really nice.

Likelihood to Recommend

Anaplan is great for modeling processes that are ongoing, and remain relatively the same over time. In other words, if you don't have a solid grasp of your process, or you know there are significant changes that change the way you do things on a not infrequent basis, you may want to wait to build the model in Anaplan until things are more stable or you have a better understanding of the business requirements of what you are trying to build. Wholesale changes to an Anaplan model can be cumbersome and time consuming - though that is not unlike modeling on any other platform.

It's also probably not worth your time to build a model in Anaplan if you're only going to use it once - in this case, if it's not too complicated, Excel is probably a better choice.

Read Chris Friederich's full review

May 15, 2017

Review: "Anaplan - a powerful flexible tool with nearly endless potential"

Tara Kirby

Senior Director, Planning & Analysis

Schneider Electric SoftwareIndustrial Automation, 10,001+ employees

Score 9 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

Our road map is to implement Anaplan globally to connect all departments and all levels of the organization for end to end planning, management reporting and analysis. Our initial phases focused on seamlessly connecting orders reporting and forecasting to revenue and gross margin forecasting. Anaplan allows all levels of the organization to have one version of the data and was the catalyst for rolling out consistent forecasting processes across all regions and functions. Anaplan will bring efficiency to our organization by eliminating shadow finance activities, improving data integrity and allowing consistent on demand analytics.

Pros and Cons

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.

The dashboard functionality is basic therefore, we have to bring in Tableau to provide a more professional view of the outputs as well as to allow management to more easily slice and dice data.
There is an Anaplan learning center however, I have not found it useful when I have questions. We are fortunate to have Aviana Global guiding us through the initial phases of our process. Without our consultants, learning Anaplan would be overwhelming.
The Anaplan Connect needs to be improved. We are considering a third party ETL, but we prefer that Anaplan have this capability built into its platform.

Likelihood to Recommend

Because it is flexible, Anaplan is well suited for complex global organizations. We are a multi-matrix organization therefore, having the ability to establish multiple hierarchies in data hub and use those to slice and dice in the spoke models improves efficiency and accuracy. We are in the early stages of our implementation therefore, we are yet to encounter scenarios where Anaplan is not appropriate. My guess would be that if you have a small company with little complexity, then you might consider a less powerful tool.

Read Tara Kirby's full review

May 12, 2017

Review: "Anaplan: The "do we still have an IT department?" tool"

Michael Lauer

Director of Quota and Territory Management

EquifaxFinancial Services, 5001-10,000 employees

Score 10 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

We currently use Anaplan as a quota and territory management tool focused around our yearly target process. As of right now we only use it for the US business unit. However we are looking to expand this use case to Canada as well. Our goal is to then add additional use cases such as Compensation and pipeline/forecasting.

Pros and Cons

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.

Larger workspaces.
Ongoing support contracts based on LOE.
Better formula support and explanation within the model.

Likelihood to Recommend

Anaplan continues to provide us a platform to solve business problems that would otherwise get overlooked. The ability to create a data hub that can easily integrate with legacy systems and act as a staging ground for manipulating the data for multiple business problems is invaluable. Couple this with the ease of access and decreased reliance on IT makes this a very nimble and effective tool.

Read Michael Lauer's full review

July 10, 2017

Anaplan Review: "Easier Territory Planning"

Maggie Palumbo

Director of Sales Operations

Careerbuilder.comInternet, 1001-5000 employees

Score 9 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

Currently we are using Anaplan for account ownership and territory planning. We are about to role out Anaplan for incentive compensation. Our current use saves us tons of time from our Excel planning and allows us to see the impact of proposed changes without trying to manipulate a large Excel file and worry about version control. An additional benefit from our implementation is quick and easy reporting on account ownership. Having incentive compensation in Anaplan will allow us to integrate the two instances and see the impact of account moves to compensation and vice versa see the impact to sales reps pay based on their books of potential compensation changes.

Pros and Cons

Calculate values based on data in other files; we use this for scoring accounts
See the impact of new scenarios and potential changes; we do this with proposed territory changes
Quick and easy reporting on your current setup

Logistics and relationships of data are complicated if you do not have a data background
Formulas are difficult without a data background
We need more storage, we have large data sets

Likelihood to Recommend

Anaplan is great for moving large data sets out of Excel for analysis. It is great for scenario planning.

Read Maggie Palumbo's full review

June 02, 2017

User Review: "Anaplan - Beginning Stages"

Sharon Kam

Corporate Finance

Nest LabsConsumer Electronics, 201-500 employees

Score 7 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

We use Anaplan to sync our data across demand and supply and then layer our financial assumptions to build out our financial forecast. Anaplan addresses business needs of synchronized, timely data tied to one source of truth, as well as scalability within the organization. Also relevant is the fact that it can refresh in seconds what would take Excel days or weeks to complete. The ability to build cube logic is great for financials requiring build outs of multiple SKUs, reorgs, etc.

Pros and Cons

Scalability - ability to build out financials with new SKUs spanning multiple financial assumptions
Timely cross functional data access
Ability to export data across systems SQL / Tableau

Difficulty training up users
Hierarchy of units that are used cross functionally that aren't easily translated between orgs
Ability to call back parts of models previously built up
Elegance in design can be make or break between cost accretion and dilution
Inconsistency of quality of consultants

Likelihood to Recommend

Anaplan is great if you are building out models reliant on large, complex data sets that are refreshed constantly and that expand or contract often.

Oftentimes I've also seen it being used as a place to build out long range planning or similar exercises based on complex functions -- in that case I'd actually recommend Excel. Anaplan is truly used best when scaling large, inconsistently sized data sets across organizations.

Read Sharon Kam's full review

May 26, 2017

Anaplan Review: "Dish Network leading the way in Supply Chain Planning"

Sid Powar

Senior Manager, Supply Chain Planning & Inventory Control

Dish NetworkTelecommunications, 10,001+ employees

Score 9 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

It is currently used by supply chain planning for planning repair parts. It helps in transparency and measuring performance which helps maintain desired inventory levels.

Pros and Cons

It allows users to set up complex algorithms which then leads to recommendations made by the tool for the planners to make a decision.
Helps in collaboration across multiple users within our department but across Dish and potentially externally with our suppliers in the future.
The software is extremely fast and can calculate scenarios fast.

Partnership with data visualization software such as Tableau is needed.
More supply chain apps to allow users to see the different applications within supply chain.

Likelihood to Recommend

Anaplan is a useful in aggregating data but powerful as it can use complex calculations to help the user make decisions for multiple variables. It is not a data visualization tool - dashboards are clunky as such users should try to use Anaplan with another tool to dashboard data.

Read Sid Powar's full review

May 25, 2017

Anaplan Review: "Get your Forecast out of EXCEL!"

Baehan Babakan

FP&A Manager

New Relic, Inc.Computer Software, 501-1000 employees

Score 8 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

We use Anaplan within our FP&A oOrganization. The goal is to get to make this a robust tool and also have our deal desk be linked into the system to help with synergies. Currently, FP&A is the only team using the tool in the organization. The problem that Anaplan helps us address is getting out of Excel and being able to have a single place for our forecast to be held.

Pros and Cons

It allows for us to lock our forecast, which is extremely important for a public company.
It's an extremely collaborative tool, allowing multiple users on a team to update the forecast, without fear of breaking the system.
It is easy for a finance person to understand the formulas and update them as the business changes.

Error Messages. When updating a formula, you may have missed a bracket. Doing something like this can lock up the system for an extensive amount of time, also locking out your peers.
Suppressing Zero. Space becomes a real issue as you get more involved in the tool. A lot of times you want to use the system to its full capability, however, run into problems, because of space. It would be great if zero balances did not count against your space.
Open source: Because the tool is so open, you can change something in on module, however effect many other things that you never intended too. I would love to see a feature that shows me by changing something a clear picture of all thing i am updating.

Likelihood to Recommend

I think the tool is well suited for any organization that wants better insight into their finances. I think compared to any other SaaS tool out on the market the clear leader is Anaplan. I have used and implemented Adaptive in prior companies and while the tool is functional, you can see its limitations.

Read Baehan Babakan's full review

May 25, 2017

Anaplan Review: "First-Time User's Pros and Cons"

Ramandeep Garcha

Senior Financial Analyst

New Relic, Inc.Computer Software, 501-1000 employees

Score 8 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

Anaplan is used primarily within finance and strategy for financial planning and analytical purposes. It provides the team with the capability to merge and work with operational data sourced from multiple systems into one world. Thus, not only are we able to dissect data with greater dexterity, we are able to utilize multi-disciplinary data in conjunction with Anaplan's forecasting models to plan with greater precision.

Pros and Cons

Personnel Forecasting models allow more in-depth & precise forecasting.
Flexibility allows the creation and use of custom, better focused analytical and planning models.
The tool is geared towards mass usability within an organization, thus can be used collaboratively between finance and business partners.

Size and pricing limitations inhibit full potential of the tool.
Empty cells/cells with 0 value are counted and take up space in models.
Models often require sophistication that can be a challenge to implement.

Likelihood to Recommend

Forecasting with the tool is particularly well-suited if the appropriate model is built and available (i.e. personnel). Scenarios where it is less suited might be those that require custom, sophisticated models. Although flexibility is a key advantage of Anaplan, capitalizing on this advantage isn't always pragmatic. Often, building a model requires the investment of time to build, test, and fine-tune a solution. That time requirement might not be as affordable for a smaller team.

Read Ramandeep Garcha's full review

May 24, 2017

Anaplan Review: "Make your life easier - but have to put in the hard work upfront"

Changiz Talamroud

Senior Financial Analyst

AutodeskComputer Software, 5001-10,000 employees

Score 8 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

I've implemented Anaplan for two different departments in our company:

1. Sales Finance - Anaplan was used for weekly forecast process and I was part of the team that implemented Anaplan.
2. Business Strategy and Marketing Team - I implemented Anaplan for this team for our annual target setting.

Both experiences had positive outcomes and each model was implemented and currently being used.

Pros and Cons

If the model in Anaplan is built well, it allows the user to make one change as part of an input and that one change will be reflected through out the model.
Unlike Excel, there is no need for a formula check - it's a very useful feature for a large model for multiple variable and drivers.
The key to a successful model is to keep your model simple, don't overcomplicate things.

So far, I've been pleased with Anaplan. Where Anaplan, as a company can improve, is the consultants. Different consultants have different styles and Anaplan Consultants should be teaching their customers how to use the tool rather than doing the work on their behalf.
Also, most of the consultants I interacted with were from LA so it would be nice to have some local consultants (Bay Area) or at least have some face to face time with our consultants.

Likelihood to Recommend

For our purposes of weekly forecasts and target setting, Anaplan is well suited.

I took a target setting Excel model, that is about 20 tabs or more, and converted it into Anaplan model. It usually took the team about 2 or 3 days to make a few simple adjustments to the target setting Excel model, whereas I made the same adjustments in Anaplan and it took me about an hour or two. So there is tremendous time saving, but that's if the model has been built well in Anaplan.

Read Changiz Talamroud's full review

May 22, 2017

User Review: "Anaplan is Changing business"

Todd Kavanaugh

Senior Business Analyst/Star Program Administrator

Arise Virtual Solutions Inc.Outsourcing/Offshoring, 201-500 employees

Score 10 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

Currently, Anaplan is being used to calculate incentive compensation and workforce management. It is being used to replace slow legacy and Excel systems. It is also being used as a data hub for current and future use cases.

Pros and Cons

It is in the cloud.
it is a powerful calculation engine.
It allows you to analyze data instead of [just] prepare it.

Saving of different user views of dashboards.
I wish it would handle custom time frames better.

Likelihood to Recommend

I think anaplan is perfect for forecasting financial scenarios.

Read Todd Kavanaugh's full review

May 19, 2017

User Review: "Anaplanning with confidence"

Meki Garvey

Senior Financial Analyst

SPS CommerceLogistics and Supply Chain, 1001-5000 employees

Score 9 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

Anaplan is currently used as our annual budgeting and monthly forecasting tool. The budget owners are given access to view their respective department budget. We also use the Anaplan Excel add-in function to help with the reporting aspects. Anaplan has reduced the planning/forecasting turn around time; increased efficiency, and most importantly data integrity (vs. previously done in Excel). It also provides visibility of the detail behind the budget/forecast.

Pros and Cons

Flexibility
Efficiency
Integrated forecast tool with internal systems
Excel add-in ... could definitely be improved to be more robust

Excel Add Ins ... it needs to be further developed to increase efficiency

Likelihood to Recommend

For FP&A - Anaplan helped streamline the budget and forecast process.
Build robust financial model and improve efficiency, accuracy, and reliability.

Read Meki Garvey's full review

May 17, 2017

Review: "Anaplan beats Excel for complex modeling"

David John

Actuarial Assistant

Blue Cross and Blue Shield of Illinois, Montana, New Mexico, Oklahoma & TexasInsurance, 10,001+ employees

Score 10 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

We use Anaplan as a free-form modeling platform. It is an alternative to our old Excel based models. We are leveraging its ability to calculate massive amounts of data in a highly structured yet flexible model. It is currently being used to forecast future medical and drug claims to arrive at the total monthly premiums charged to our customers for the Retail ACA lines of business. We are currently building prototypes internally and looking to expand to other use cases.

Pros and Cons

Cloud based modeling platform that can be accessed from anywhere with leading industry-standard encryption and security.
Speed and Power of Hyperblock calculation engine. It can calculate an enormous amount of data, an amount that excel would have no chance at processing.
History/Audit Trails/Restore Points - every single change to the model is logged and a restore point created
User-access controls

Large up front cost compared to using an existing platform like Excel
Learning curve for model builders

Likelihood to Recommend

I typically ask the following 3 questions to determine if Anaplan is the right platform for a particular solution:

Does the model have a very large number of calculations or massive amounts of data? A quantity that would be difficult to process in Excel or its current platform?
Does the project require collaboration or input from many different users?
Is the problem complex enough to require a more sophisticated and highly structured modeling tool?

If the answer if yes to all of the above then Anaplan is likely a good choice.

Read David John's full review

May 15, 2017

Anaplan Review: "Excel Spreadsheets & Charts without the Capability of Excel"

Cody Guymon

Sr. Manager, Sales Operations

QualtricsComputer Software, 1001-5000 employees

Score 2 out of 10

Vetted Review

Verified User

Use Cases and Deployment Scope

We use Anaplan within sales ops and across our sales teams for territory planning. It is used by 3 members of our sales operations team, 5 region leads, and 15 team leads. We use it for "What-if" analysis in territory design. It allows reps to be able to see the impact of changes before they actually happen.

Pros and Cons

Speed

The UI (User Interface) is Ugly
Cumbersome to Use / Model
Lacks basic functionality of Excel
Clunky

Likelihood to Recommend

Territory planning would be the ideal use case here, but Anaplan lacks basic Excel functionality. You need to choose one sorting option for all of your graphs, you can't change the color or theme of the display pages, and it is not intuitive to use. If you need speed, it can handle that, but be prepared to give up a lot of capabilities.

Read Cody Guymon's full review

Budgeting, Planning, and Forecasting

Long-term financial planning (73)

7.4

Financial budgeting (76)

8.1

Forecasting (87)

7.7

Scenario modeling (89)

6.5

Management reporting (92)

7.7

Consolidation and Close

Financial data consolidation (54)

7.7

Journal entries and reports (30)

6.5

Multi-currency management (11)

6.2

Intercompany Eliminations (8)

5.9

Minority Ownership (7)

6.0

Local and consolidated reporting (46)

7.1

Detailed Audit Trails (49)

6.1

FInancial Reporting and Compliance

Financial Statement Reporting (57)

7.0

Management Reporting (67)

8.3

Excel-based Reporting (62)

6.9

Automated board and financial reporting (13)

8.2

Analytics

Personalized dashboards (87)

5.4

Color-coded scorecards (74)

6.0

KPIs (17)

7.0

Cost and profitability analysis (58)

7.0

Key Performance Indicator setting (65)

7.5

Benchmarking with external data (12)

7.2

Integration

Flat file integration (88)

8.4

Excel data integration (78)

8.3

Direct links to 3rd-party data sources (60)

8.2

About Anaplan

Anaplan aims to be the leader in Connected Planning. According to the vendor, the software—powered by their patented Hyperblock engine—enables dynamic, collaborative, and intelligent planning. Large and fast-growing companies worldwide use Anaplan to connect the people and data required for trusted plans and accelerated decisions essential to leading in their markets. The company is based in San Francisco, and is privately held with 20 offices, 175 expert partners, and more than 850 customers worldwide.

Categories: , ,

Anaplan Features

Budgeting, Planning, and Forecasting Features

Long-term financial planning

Financial budgeting

Forecasting

Scenario modeling

Management reporting

Consolidation and Close Features

Financial data consolidation

Journal entries and reports

Multi-currency management

Intercompany Eliminations

Minority Ownership

Local and consolidated reporting

Detailed Audit Trails

FInancial Reporting and Compliance Features

Financial Statement Reporting

Management Reporting

Excel-based Reporting

Automated board and financial reporting

XBRL support for regulatory filing

Analytics Features

Personalized dashboards

Color-coded scorecards

KPIs

Cost and profitability analysis

Key Performance Indicator setting

Benchmarking with external data

Integration Features

Flat file integration

Excel data integration

Direct links to 3rd-party data sources

BI Standard Reporting Features

Pixel Perfect reports

Customizable dashboards

Report Formatting Templates

Ad-hoc Reporting Features

Drill-down analysis

Formatting capabilities

Predictive modeling

Integration with R or other statistical packages

Report sharing and collaboration

Report Output and Scheduling Features

Publish to Web

Publish to PDF

Report Versioning

Report Delivery Scheduling

Data Discovery and Visualization Features

Pre-built visualization formats (heatmaps, scatter plots etc.)

Location Analytics / Geographic Visualization

Predictive Analytics

Support for Machine Learning models

Pattern Recognition and Data Mining

Integration with R or other statistical packages

Access Control and Security Features

Multi-User Support (named login)

Role-Based Security Model

Multiple Access Permission Levels (Create, Read, Delete)

Report-Level Access Control

Table-Level Access Control (BI-layer)

Field-Level Access Control (BI-layer)

Single Sign-On (SSO)

Mobile Capabilities Features

Responsive Design for Web Access

Dedicated iOS Application

Dedicated Android Application

Dashboard / Report / Visualization Interactivity on Mobile

Additional Features

Administration via Web Interface

Text Files (CSV, etc)

Salesforce

Pixel-perfect reports

Customizable dashboards

Publish to PDF

Output raw supporting data

Report versioning

Report delivery scheduling

Multiple pre-built visualization formats (heatmaps, scatter plots, etc.)

Multiple access permission levels (Create/Read/Delete)

Report-level access control

Responsive design for web access

Dashboard/Report/Visualization mobile interactivity

Microsoft Office integration

User defined modeling/configuration

Out of the box data integration

Show unsupported features

Anaplan Screenshots

Anaplan Integrations

Salesforce

Anaplan Competitors

IBM Cognos, Infor EPM, Oracle Hyperion Enterprise Performance Management, Prophix, SAP BusinessObjects Business Intelligence (BI) Platform, SAS Performance Management, Vena Solutions, CCH Tagetik, Axiom EPM, Tidemark, Kinaxis RapidResponse, CallidusCloud SPM, JDA Enterprise Supply Planning, NICE Incentive Compensation Management, Aspect Workforce Management, Adaptive Insights, Host Analytics, Steelwedge, SAP IBP, SAP APO, IBM SPM (Varicent)

Pricing

Free Trial Available?No

Free or Freemium Version Available?No

Premium Consulting/Integration Services Available?Yes

Entry-level set up fee?Optional

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/

Anaplan Customer Size Distribution

Consumers		0%
Small Businesses (1-50 employees)		0%
Mid-Size Companies (51-500 employees)		10%
Enterprises (> 500 employees)		90%

Anaplan Support Options

	Free Version	Paid Version
Social Media
Video Tutorials / Webinar
Phone
Live Chat
Email
Forum/Community
FAQ/Knowledgebase

Anaplan Technical Details

Deployment Types:	SaaS
Operating Systems:	Unspecified
Mobile Application:	No
Supported Countries:	All countries
Supported Languages:	Multi-lingual support

Ratings (1-25 of 106)

Reviews (1-25 of 100)

Anaplan Scorecard Summary

Feature Scorecard Summary

About Anaplan

Anaplan Features

Additional Features

Anaplan Screenshots

Anaplan Integrations

Anaplan Competitors

Pricing

Anaplan Customer Size Distribution

Anaplan Support Options

Anaplan Technical Details