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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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Reviewer Pros & Cons

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Pricing

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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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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 7.9

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.

8.9
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 7.6

Access Control and Security

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

9.3
Avg 8.7

Mobile Capabilities

Support for mobile devices like smartphones and tablets.

7.9
Avg 7.9

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 7.9

Financial Reporting and Compliance

Financial statements and regulatory filings

8.4
Avg 8.2

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

9.1
Avg 8.0

Integration

Ability to integrate with external applications.

8.7
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 Role-Based Security Model 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

(485)

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.

Reviews

(1-25 of 309)
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One Stop Shop for all your planning needs

Rating: 10 out of 10
September 25, 2024
RP
Vetted Review
Verified User
Anaplan
4 years of experience
Anaplan can really address any planning needed within an organization. People can start to see the value when there is reports already available that users can slice and dice to their liking. I think Anaplan wouldn't fit a company that is resistant to change and would not be able to support ongoing enhancements or troubleshoot issues.

Vendor's high engagement with the business boosts customer success

Rating: 8 out of 10
September 24, 2024
Verified User
Vetted Review
Verified User
Anaplan
6 years of experience
We were able to provide our customer to plan for their inventory levels across multiple nodes of their supply chain, and collaborate by bringing their sales and supply planning teams onto a single system. Additionally, the versioning capabilities on Anaplan enables the team to track how they are performing throughout the year, and create what-if scenarios to address any potential challenges that they may face.

Anaplan, the tool that can bring all of your data together.

Rating: 8 out of 10
August 29, 2024
Verified User
Vetted Review
Verified User
Anaplan
7 years of experience
Anaplan is best suited for an environment where planning is currently being done offline, especially in excel files. Transferring the process from excel into Anaplan allows the business to maintain a single source of truth of all of the financial and planning data for the future. Collaboration can be done in real-time rather than exchanges emails with an excel file. It is more secure than using google sheets as well to collaborate. User security and access can be maintained and advanced read/write permissions are controlled by model admins.
The only scenarios I see that it is less appropriate are when the cost doesn't fit the budget for the business. Anaplan is appropriate once a business is scaled up quite a bit and already has processes in place. It is not a solution when a business is young and still trying to find its footing.

Anaplan: connected planning across functions and geographies

Rating: 9 out of 10
August 16, 2024
Verified User
Vetted Review
Verified User
Anaplan
8 years of experience
Use Anaplan when: you need a lot of customization, want a flexible and scalable platform - start with one use case and scale as needed, integrated planning across multiple functions, faster time to value

Not suited when: you plan to implement only one use case and the requirements are simple enough to be solved by an out of the box solution

Best in class connected planning tool to transform the way you analyse your business

Rating: 7 out of 10
August 06, 2024
Verified User
Vetted Review
Verified User
Anaplan
7 years of experience
I love the Anaplan platform and would highly recommend it. I'm yet to see a tool that competes with it's flexibility and scalability. It's my platform of choice for FP&A use cases such as workforce planning, cost modelling, budgeting and planning. It's not ideal for consolidation but Anaplan is constantly improving the platform so this might not be an issue in the future.

Boost your business growth with Anaplan

Rating: 7 out of 10
July 31, 2024
Verified User
Vetted Review
Verified User
Anaplan
6 years of experience
Anaplan is suitable for Planning and analysis but it is not recommended to use for Reporting. Anaplan can help you drive business growth my helping you make informed decisions by leveraging the output generated from your planning process.

Anaplan is the best tool for planning

Rating: 9 out of 10
July 02, 2024
RO
Vetted Review
Verified User
Anaplan
6 years of experience
Anaplan is a universal tool for various use cases: FP&A, Sales Planning, Demand Planning, Budgeting, Payroll, Production. It can be customized almost for any organization in any field.
Anaplan would be less appropriate as a transactional system. Using it as an accounting system, for example, is not a good practice.

Anaplan Review

Rating: 10 out of 10
June 05, 2024
AB
Vetted Review
Verified User
Anaplan
6 years of experience
Anaplan is well-suited for larger organizations with well-defined hierarchies and processes. The enterprise-grade security is a key value add the platform offers. Anaplan is less well suited to smaller organizations with rapidly shifting and less structured hierarchies/processes/planning approaches. While Anaplan offers more of a "blank slate," where users can plan just about any type of driver-based plan, the reduced flexibility in shifting hierarchies and dimensions makes it more difficult to use in this scenario.

Anaplan - great tool for almost any use case

Rating: 10 out of 10
April 10, 2024
DP
Vetted Review
Verified User
Anaplan
5 years of experience
Anaplan can be used with any use case, but it is ideal for FP&A, it recently received a refined workflow, updated User Experience, Cloudworks (automated model to model or data storage to model option). While there is a room for imrovement in some areas, Anaplan is constanly improving their product and gives updates on different fields of the platform.

Anaplan: Transforming Planning Processes and Driving Business Excellence

Rating: 10 out of 10
December 14, 2023
AI
Vetted Review
Verified User
Anaplan
6 years of experience
Anaplan revolutionizes the planning process by standardizing it, creating transparency in data, particularly in showcasing results to the management team. By replacing Excel-centric planning methods, Anaplan not only opens the door to handling larger datasets but also enables a more intricate level of data granularity at an accelerated pace. What sets it apart is its capacity to facilitate a seamless collaboration within a cross-functional model, accommodating diverse departments and business functions in a dynamic, real-time environment.

Highly Recommended Planning and Forecasting Tool

Rating: 8 out of 10
December 14, 2023
Verified User
Vetted Review
Verified User
Anaplan
5 years of experience
Anaplan is well suited to replace legacy excel based practices - particularly for planning and forecasting. It is also ideal to centralize data and best practices (Anaplan Way) for rolling out Anaplan appropriate projects. Anaplan is not ideal for unstructured data processes - for example being management of text-based data at a highly complex level - due to size constraints.

Anaplan fan

Rating: 8 out of 10
December 14, 2023
AL
Vetted Review
Verified User
Anaplan
3 years of experience
In FP&A area, Anaplan can help to realize the various forecasting and budgeting activities. End users can add adjustment and all the edit record can be trackable. They can also perform what-if analysis based on different drivers. It supports multiple versions for Actual, forecasting and budgeting, and the actual numbers can be switch-overed with simple set-up. Our FP&A clients also wants to integrate the data from external systems, and Anaplan provide multiple options to support the data integration (incl. upstream system to Anaplan, Anaplan to downstream system).

Adapting to Client Needs with Ease

Rating: 8 out of 10
December 14, 2023
Verified User
Vetted Review
Verified User
Anaplan
9 years of experience
Anaplan is well suited for an organization that wants to build and grow a planning-focused company. The tool opens many possibilities, but it requires proper investment in the people and process. Anaplan is not magic, but with the right focus on building a COE and a planning-focused company, the tool can help make significant impacts within the organization. I've found Anaplan to be a great Sales Performance Management solution because it becomes the source of truth for Sales Operations to execute planning. I've worked with several companies that couldn't answer basic cost of sales questions within a reasonable amount of time. By bringing this all into Anaplan, plans across the entire sales organization can be summarized and help provide meaningful insight in a shorter amount of time.

Flexible planning tool that scales with your organization

Rating: 8 out of 10
December 12, 2023
Verified User
Vetted Review
Verified User
Anaplan
7 years of experience
Anaplan is a very flexible tool that can support many processes within an organization and bring them together to create a connected planning experience. As a general rule, I have found that it is well suited for use cases that rely heavily on numbers (financial planning, financial consolidation, sales performance management) and less appropriate for uses cases that rely more on text (ESG management for example).

Anaplan is worth the money for any enterprise level planning

Rating: 10 out of 10
December 12, 2023
Verified User
Vetted Review
Verified User
Anaplan
5 years of experience
Anaplan is an extremely powerful calculation engine and planning tool that is much better suited for enterprise level planning than spreadsheets are. It allows for user or role specific security provisions. It has a new native workflow functionality (or custom workflows can be built within the tool thanks to its flexibility). The biggest problem with Anaplan has always been its dashboards for users to interact with, as they can be hard to make user friendly given business requirements. However, it should be known that it is not meant to be a reporting tool and you can always export calculated results to a better suited system.

You don't need to wait until your data is clean to provide insights

Rating: 7 out of 10
December 12, 2023
Verified User
Vetted Review
Verified User
Anaplan
5 years of experience
Anaplan is well suited for cases where you're struggling with processes that involve multiple users and teams, but lack a trusted source system or where you experience major breaks in the process. Typically, in these instances, the source is either some form of excel files or other enterprise systems that don't fit the need that are then "band-aided" by excel files. You may also find that you don't have a trusted source for your planning data...particularly a source that is also part of a process that can quickly respond to changing requests or external demands and requires a refreshed planning view.

Anaplan is less appropriate for cases where you need a "standard" planning solution "out of the box" and are less focused on asset-level customizations or considerations. This doesn't mean that Anaplan can't be an enterprise planning solution, but it doesn't really function as an "off the shelf" planning solution where you may not want to customize it. Implementing a standard planning solution is always easier...even in Anaplan, but you'd still have to build it with Anaplan whereas some enterprise competitors may offer more of a standard offering without the need to do any customizations.

Anaplan is a flexible tool that can be built for most business processes

Rating: 8 out of 10
December 12, 2023
SE
Vetted Review
Verified User
Anaplan
6 years of experience
Anaplan is a strong tool for finance as it can be built for a variety of business processes. Its flexibility allows us to customise the tool for each unique aspect of the business. While it is extremely flexible, it is important to have the right people in place to help manage the tool long term or else scalability / optimisation could be at risk. Implementations for Anaplan are quick and you can easily deliver an MVP and then continue to add on additional features throughout the year in releases. Users enjoy working with the tool because of the UX - if dashboards are built with a strong user journey in mind. The auditing feature is not very user friendly; the export of history must be exported, parsed and displayed on a separately built dashboard to be useful. Security is too broad and not centrally managed (but this is being worked on!). More work needs to be done to make integration and data management easier (again being worked on!).

Zero Code Cloud Native Planning & Forecasting Tool

Rating: 10 out of 10
December 12, 2023
Verified User
Vetted Review
Verified User
Anaplan
5 years of experience
Well suited for Financial Planning & Analysis, Territory & Quota, Commissions, Collections, etc. Not so good for financial closing, costing, Bill of materials planning, Routing, etc.

Anaplan for Connected Planning

Rating: 10 out of 10
December 11, 2023
MS
Vetted Review
Anaplan
8 years of experience
Anaplan is well suited to all aspects of Financial modelling and in particular in helping establish a fully connected organisation, I have worked on a large number of FP&A, Workforce Planning and more bespoke implementations and have really seen the value add in terms of dealing with large data sets and streamlining planning. It is most suited where there is a robust repeatable process and less suited to ad hoc/one-off modelling.

Anaplan Review

Rating: 9 out of 10
December 08, 2023
HM
Vetted Review
Verified User
Anaplan
8 years of experience
Well suited scenarios:
  • Connected Workforce & Expense Planning
  • Scenario Modeling
  • Marketing Budgeting and spend
  • Territory and Quota Planning

Not suitable scenarios:
  • Consolidation
  • Operational Use Cases

Anaplan, a highly flexible tool for planning

Rating: 10 out of 10
December 07, 2023
SM
Vetted Review
Verified User
Anaplan
8 years of experience
Anaplan is a fantastic tool for long-term budgeting and forecasting for a whole host of asset types. It is also excellent at consolidating information into usable and highly dimensionalised data sets that can be used in a whole host of calculations. With the addition of the new dashboards, it now has a front-facing end suitable for reporting to all levels of business.

One of the most flexible modeling solution

Rating: 9 out of 10
December 06, 2023
DE
Vetted Review
Verified User
Anaplan
6 years of experience
Anaplan is well suited for complex financial forecasting models, scenario planning, multi-dimensional models (e.g. version, scenario, time, investment, currency,... ), data integration & automation, hierarchies. It is a fantastic tool for collaboration across the company functions.

Anaplan is not the best suited for automated workflows, financial consolidation (US GAAP/IFRS) nor advanced reporting capabilities.

Anaplan is the go-to for any planning process

Rating: 9 out of 10
December 06, 2023
Verified User
Vetted Review
Verified User
Anaplan
3 years of experience
Anaplan is an excellent choice to replace any manual planning processes in Excel where many users need to interact with the same file and conduct forecasting or planning. Anaplan can store a lot of data, has user access management, and stores all historical user changes making version control a non-issue.

Great modeling platform to drive business change

Rating: 10 out of 10
December 05, 2023
Verified User
Vetted Review
Verified User
Anaplan
7 years of experience
Well suited for:
  • Financial modeling needs that are relatively complex and/or currently done offline in Excel
  • Connecting financial plans to operational planning - such as sales, marketing, workforce, and supply chain
  • A business that is changing and may have frequent updates to how they plan and to what level of granularity
  • Modeling and forecasts that is more nuances than vanilla FP&A opex planning
Not appropriate for:
  • Being a data warehouse - i.e. storing tons of data
  • Being designed like a legacy "large cube" olap environment
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