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Anaplan

Anaplan

Overview

What is Anaplan?

Anaplan is a transformative way to see, plan, and run your business. Using its proprietary Hyperblock™ technology, Anaplan lets you contextualize real-time performance, and forecast future outcomes for faster, confident decisions. Anaplan enables connected strategy and planning across your enterprise…

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Recent Reviews

TrustRadius Insights

Anaplan has been implemented in various industries to address a wide range of business challenges. Users have found that the software …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 45 features
  • Flat file integration (280)
    9.4
    94%
  • Forecasting (281)
    9.2
    92%
  • Scenario modeling (283)
    9.1
    91%
  • Management reporting (282)
    8.3
    83%

Reviewer Pros & Cons

View all pros & cons
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Pricing

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N/A
Unavailable

What is Anaplan?

Anaplan is a transformative way to see, plan, and run your business. Using its proprietary Hyperblock™ technology, Anaplan lets you contextualize real-time performance, and forecast future outcomes for faster, confident decisions. Anaplan enables connected strategy and planning across your…

Entry-level set up fee?

  • Setup fee optional
For the latest information on pricing, visithttps://www.anaplan.com/pricing

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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What is PlanGuru?

PlanGuru is budgeting, forecasting and financial analytics software for SMB's, Nonprofits and the Accountants/ Advisors that work with them.

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Product Demos

Financial Consolidation demo

YouTube

Anaplan Demand Planning Demo

YouTube

See the Future Clearly by Planning Demand with Anaplan

YouTube
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Features

BI Standard Reporting

Standard reporting means pre-built or canned reports available to users without having to create them.

7.7
Avg 8.1

Ad-hoc Reporting

Ad-Hoc Reports are reports built by the user to meet highly specific requirements.

9.1
Avg 8.3

Report Output and Scheduling

Ability to schedule and manager report output.

8.8
Avg 8.2

Data Discovery and Visualization

Data Discovery and Visualization is the analysis of multiple data sources in a search for patterns and outliers and the ability to represent the data visually.

8.2
Avg 7.7

Access Control and Security

Access control means being able to determine who has access to which data.

9.2
Avg 8.7

Mobile Capabilities

Support for mobile devices like smartphones and tablets.

7.9
Avg 8.0

Budgeting, Planning, and Forecasting

These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning

9.1
Avg 8.3

Consolidation and Close

Consolidation of data from multiple entities with currency management, reporting and audit trails.

7.2
Avg 8.1

Financial Reporting and Compliance

Financial statements and regulatory filings

8.6
Avg 8.3

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

9
Avg 8.0

Integration

Ability to integrate with external applications.

8.8
Avg 8.3
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Product Details

What is Anaplan?

Anaplan is a transformative way to see, plan, and run your business. Using its proprietary Hyperblock™ technology, Anaplan lets you contextualize real-time performance, and forecast future outcomes for faster, confident decisions. Anaplan enables connected strategy and planning across your enterprise to move your business forward. Based in San Francisco, Anaplan has over 200 partners and more than 2,000 customers worldwide.

Anaplan Features

Budgeting, Planning, and Forecasting Features

  • Supported: Long-term financial planning
  • Supported: Financial budgeting
  • Supported: Forecasting
  • Supported: Scenario modeling
  • Supported: Management reporting

Consolidation and Close Features

  • Supported: Financial data consolidation
  • Supported: Journal entries and reports
  • Supported: Local and consolidated reporting
  • Supported: Detailed Audit Trails

Financial Reporting and Compliance Features

  • Supported: Financial Statement Reporting
  • Supported: Management Reporting
  • Supported: Excel-based Reporting

Analytics and Reporting Features

  • Supported: Personalized dashboards
  • Supported: Color-coded scorecards
  • Supported: Cost and profitability analysis
  • Supported: Key Performance Indicator setting

Integration Features

  • Supported: Flat file integration
  • Supported: Excel data integration
  • Supported: Direct links to 3rd-party data sources

BI Standard Reporting Features

  • Supported: Customizable dashboards

Report Output and Scheduling Features

  • Supported: Publish to PDF
  • Supported: Report Versioning

Access Control and Security Features

  • Supported: Role-Based Security Model
  • Supported: Report-Level Access Control

Mobile Capabilities Features

  • Supported: Responsive Design for Web Access
  • Supported: Mobile Application
  • Supported: Dashboard / Report / Visualization Interactivity on Mobile

Anaplan Screenshots

Screenshot of Platform: The Anaplan platform is a unified cloud-based solution that connects people, data and plans to enable complex scenario modeling and drive growthScreenshot of OpEx Planning: Review revenue-target-setting goals by brand, season, and capacity all on one, unified, highly-visual dashboardScreenshot of Supply Planning: Break down costs across assembly production to project profitability and align your supply chain to market opportunitiesScreenshot of Territory and Quota Planning: Keep track of sales goals and quotas across territories and industries to optimize sales performanceScreenshot of Headcount Planning: Easily align workforce plans with your strategic plans and quickly see where the best qualified talent resides to fit your organization’s staffing needsScreenshot of Marketing: Eliminate spreadsheets to drive efficiency across planning and manage budget against planned activity

Anaplan Videos

The Anaplan platform supports detailed hyperscale models that can see a business from edge to edge, and plan with signals down to the transactional level.

Watch Anaplan transforms the way users see, plan, and run their businesses, to move forward with confidence in a complex and changing world.

Anaplan Integrations

Anaplan Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationApple iOS, Android, Mobile Web
Supported CountriesAll countries
Supported LanguagesMulti-lingual support

Frequently Asked Questions

IBM Cognos Analytics, Oracle Hyperion, and Prophix are common alternatives for Anaplan.

Reviewers rate Financial budgeting highest, with a score of 9.6.

The most common users of Anaplan are from Enterprises (1,001+ employees).

Anaplan Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)0%
Mid-Size Companies (51-500 employees)10%
Enterprises (more than 500 employees)90%
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Comparisons

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Reviews and Ratings

(480)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Anaplan has been implemented in various industries to address a wide range of business challenges. Users have found that the software replaces duplicate spreadsheets and simplifies reporting processes, resulting in one version of the truth. Anaplan's inbuilt version control and access controls have improved forecasting accuracy and simplified forecasting processes. It has also helped standardize forecasting and reporting approaches across different asset classes, benefitting functions such as HR, Finance, Accounting, and Management Controlling.

The flexibility of Anaplan allows users to customize the software to meet their specific business needs. It supports a multitude of use cases including financial planning and analysis, customer success, collections, capex forecasting, opex forecasting, headcount and personal spend forecasting, balance sheet forecasting, cash flow forecasting, P&L forecasting, collections forecasting, and management reporting. Multiple users can input forecast assumptions in real-time, enabling dynamic results. Furthermore, Anaplan allows for faster implementations by providing a single platform and source of truth for multiple planning use cases.

Anaplan's powerful calculation engine enables users to run multiple scenarios in seconds, facilitating what-if analysis and scenario comparison during budgeting and forecasting processes. The software is widely used in sales performance management for functions like territory management, account planning, quota allocation, and incentive compensation planning. In addition to its extensive use cases in finance and sales planning, Anaplan is employed across various industries including real estate development, insurance, telecommunication infrastructure, and banking. The platform empowers organizations by providing scenario planning and sensitivity analysis capabilities that enable informed decision-making. With its user-friendly interface and real-time calculations, Anaplan assists businesses in centralizing data and maintaining a golden source of truth for better planning outcomes.

Highly scalable and flexible data integration and modeling capabilities: Reviewers have praised the Anaplan platform for its highly scalable and flexible data integration and modeling capabilities, allowing for easy evolution from simple calculations to complex formulas. Many users have highlighted this as a major strength of the platform.

Real-time data capabilities enabling informed decision-making: The real-time data capabilities of Anaplan have been widely praised by reviewers for enabling informed decision-making based on up-to-date information. Several users have mentioned that this feature has greatly contributed to their ability to make agile decisions in a fast-paced business environment.

User-friendly interface contributing to high end user adoption: The user-friendly interface of Anaplan has been consistently highlighted by reviewers as a key strength of the platform. Users appreciate the intuitive design, which resembles Excel and allows for quick task completion. This ease of use has contributed to high end user adoption and overall positive feedback from customers.

Limited storage: Some users have found the limited storage in Anaplan to be a hindrance in efficiently managing their data. They have expressed difficulties in storing and organizing large amounts of information, which can impact their ability to effectively utilize the software.

Expensive: Several reviewers feel that Anaplan is expensive and could be more cost-effective considering its features and capabilities. This pricing structure may make it less accessible for smaller businesses or organizations with budget constraints.

Glitches with the interface: Users report experiencing glitches with the interface, causing difficulties in navigating and performing tasks smoothly. These issues can disrupt workflow and decrease efficiency for users.

Attribute Ratings

Reviews

(1-25 of 197)
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Andris Ingiļāvičus | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Compared to OneStream and Venna Anaplan offers a more modern look and feel of the platform. It is better situated and maintained in regards of platform updates as it's a full SaaS software there are never any issues with the system version as it's always automatically up to date with no backward compatibility issues. Due to the flexible nature of the modelling engine, it is also better suited to perform larger multi-department use cases, like IBP (Integrated Business Planning).
Score 8 out of 10
Vetted Review
Verified User
Anaplan system/structure is not a far departure from Microsoft Excel which many people are most familiar with - this allowed for an easy transition during our first implementation as well as onboarding new users. Anaplan presents itself in a somewhat familiar structure while allowing for powerful features once users are comfortable with the core system. While it may not be as flashy as some other products, it shines through based on practicality and reliability.
December 14, 2023

Anaplan fan

Score 8 out of 10
Vetted Review
Verified User
Incentivized
Anaplan is using hyper block, so calculation is faster. The implementation of Anaplan is also very straightforward, so COE team can quickly catchup on the solution. If additional functions are required after go-live, COE can also support the implementation by themselves. However, Tagetik can provide a diagram to summarize the overall workflow which is very helpful. Hope Anaplan could have similar function in future as well
Score 8 out of 10
Vetted Review
Verified User
Incentivized
Managing spreadsheets in Excel or Google Sheets becomes too time consuming as the business and team grows so transitioning to a tool like Anaplan is a natural evolution.
I have used Power BI as a complement to Anaplan in the past in order to make the data that was consolidated in Anaplan available to a broader audience within the company. I have found that Power BI has more options for presenting data in a dashboard than Anaplan but was more limited in the amount of data it could handle while retaining good performance.
Score 10 out of 10
Vetted Review
Verified User
Anaplan is cloud based which automatically removes the pain and risk that comes along with emailing around different versions of spreadsheets. Concurrent users can interact with different parts of the model at the same time greatly improving time spent adding inputs to the model. Anaplan forces a certain structure to the models that is much more scalable and easy to trace back than an excel model that may have many different exceptions and references after so many hands have been in the model.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
We selected Anaplan because of the breadth of their vision and their approach to tackle "planning" of all kinds and integrate planning processes into a true Connected Planning ecosystem. We found that their flexibility and ease of use ultimately provided a better avenue to tackle multi-year planning improvements by starting small and evolving. Whereas with some of the bigger competitors, they came across like a "big bang" and top-down approach was the only way to solve problems. Anaplan's sales team also brought in experts across industries to help us embed broader learnings and experiences vs only looking at our direct competitors.
Stuart McCash | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Anaplan is leaps and bounds beyond Excel with versioning, multiple models linking to one data set giving one source of truth, and full audit history of changes available in the system. It enables you to fully trust the numbers you're seeing and working with and [give you] the ability for multiple people to be working in the model at the same time without worrying if its the latest version of the file.
Douglas Eaton | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Anaplan is an enterprise grade solution with a proven track record whereas Pigment is a new solution still evolving/improving constantly.
The modeling capabilities and the power of the engine are stronger with Anaplan but Pigment offers an interesting alternative with more scenario modelling capabilities.
Score 9 out of 10
Vetted Review
Verified User
Anaplan is a cloud-based tool that can store billions of data records. It can be accessed by any web browser and even mobile devices and significantly reduces version control issues that users run into with Excel. Anaplan is extremely customizable and can cater to any planning or forecasting process. Anaplan also standardizes data entry and planning processes, which mitigates issues in Excel that enables each team to have their own logic.
Score 10 out of 10
Vetted Review
Verified User
  • Oracle Hyperion (discontinued) and Adaptive
Anaplan is what I would consider a modeling platform. It excels at taking a forecasting or planning process and systematizing it - and allowing for whatever nuances and granularity you need to perform that modeling. It is not positioned as "data collection" platform - which are typically designed to take data uploads from Excel to calculate basic opex and revenue models. It's much more customizable and flexible.


Score 10 out of 10
Vetted Review
Verified User
Anaplan has a clear advantage comparing to Excel when it comes to complex planning and forecasting, especially for bigger companies. Anaplan can perform much smoother but still is giving the same amount of flexibility.

SAC is much more analytical comparing to Anaplan. SAC can support forecasting well, similarly to Anaplan, however Anaplan can address scenario planning much better than SAC.
November 21, 2023

Anaplan a good tool

Score 7 out of 10
Vetted Review
Verified User
Anaplan is easy to implement and use and provides a lot of flexibility over other tools. Solution in anaplan can be developed by a limited set of model builders and can easily implemented if build properly and understanding the business problem. Anaplan is a good tool for Planning solutions and not very good for reporting purposes
November 20, 2023

Master Anaplanner Review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
Customizability and ease of learning (not a coder, similar to Excel formulas). Not confined to the existing configurability of software's planning process/tables. Low IT involvement. Scenario and driver-based planning (can make inputs). Can be used for more than just Finance and more than one use case - all utilizing the same data sets. Integrations are relatively easy to set up and can range from CSV file loads to custom APIs.
Score 10 out of 10
Vetted Review
Verified User
The only platform with the flexibility that matches Anaplan is Excel. However, excel is not scalable. There are also many great point solutions out there that can do one thing well, but I have not seen anything else that can do as much as Anaplan can, and do it well.
Score 9 out of 10
Vetted Review
Verified User
Anaplan to me is far easier to understand, more intuitive to use, the interface is quite more appealing and the overall experience is more pleasant, so to say. With HFM I feel like using a tool that was created ~20 years ago, and no matter how easy it is to use in some aspects, or how well it performs with large data sets, I would prefer and recommend Anaplan.
Brian Shepley | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Anaplan has the best real-time, multi-dimensional calculation engine that I've worked with. This is core to creating a highly accurate forecast that provides the level of detail necessary to be useful to planners. Their addition of PlanIQ brings in the power of AI/ML to the platform, without the need to add an integration to another platform to fulfill that need. Finally, their addition of Polaris gives more flexibility for large models, especially large and sparse models.
Score 9 out of 10
Vetted Review
Verified User
Anaplan has greater flexibility and ease of use for any use cases, It connect different planning models with ease and making it is easy to adjust to changing business structures. It is able to handle large data, it is also helps complex planning and Analytics. It is well suited to a number of planning models across business.
November 09, 2023

Anaplan- a great tool

Score 10 out of 10
Vetted Review
Verified User
Anaplan is a way more efficient solution that SAP BW. Performance of Anaplan beats SAP definitely and people prefer to use Anaplan more than SAP. It's much easier to adopt Anaplan which is easy than SAP which needs some experience before using it efficiently. Generally Anaplan is more pleasant to operate on than SAP BW.
Score 10 out of 10
Vetted Review
Verified User
Excel can be incredibly cumbersome, inefficient, prone to human error, and difficult to audit. Anaplan helps solve for this by providing an easy-to-use interface, connected planning modules, and security and tracking around the input and approval process. Anaplan is a much better tool for any company that is managing a large number of excel files.
Vignesh Murugaiyan | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
We used to plan everything in Excel. The problems we faced were data consolidation, slowness, multiple sheets, no real time reporting and access. With the help of Anaplan, users across globe able to collaborate in real time and plan to achieve business goal.
Score 9 out of 10
Vetted Review
Verified User
  • Oracle Hyperion Enterprise Performance Management
Anaplan is much more customizable and better suited to End user interaction. Also, it provides far more customizable reporting capabilities within the tool. Also, Anaplan is much more suited to implementation of different use cases where Hyperion is limited to some select few like FP&A, Opex and Workforce planning.
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