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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

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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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Kepion is a cloud planning & analytics software company that connects all organizations' teams under a single view of their business performance. We enable more intelligent decisions to be made by companies about their financial and operational future. Kepion global offices and partners deliver…

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 302)
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Andris Ingiļāvičus | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
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.

Score 8 out of 10
Vetted Review
Verified User
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.
December 14, 2023

Anaplan fan

Score 8 out of 10
Vetted Review
Verified User
Incentivized
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).
Score 8 out of 10
Vetted Review
Verified User
Incentivized
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.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
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).
Score 10 out of 10
Vetted Review
Verified User
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.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
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.
Score 8 out of 10
Vetted Review
Verified User
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!).
Score 10 out of 10
Vetted Review
Reseller
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.
Stuart McCash | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
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.
Douglas Eaton | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
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.
Score 9 out of 10
Vetted Review
Verified User
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.
Score 10 out of 10
Vetted Review
Verified User
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
Score 10 out of 10
Vetted Review
Verified User
Anaplan can bring a lot of value when implemented for multiple use cases. It can organize the whole planning process of the company promoting collaboration and improving the visibility on business processes. It fits well in the financial planning use cases but also sales and demand planning.
I don't think it's a good choice for small companies though. From my perspective the bigger the company the more it can withdrawal from the tool due to a scale of implementation.
Score 9 out of 10
Vetted Review
Verified User
Anaplan is an excellent tool for budgeting and forecasting, particularly where this involves multiple stakeholders in different departments. The platform can accommodate complex business structures (regions, countries, divisions, departments, etc., right down to general ledger accounts) and it is easy to update these and make changes within the system, so that models can be adapted and reused as the business evolves. This speeds up the planning process, allowing more time for scenario modelling and variance analysis - much higher value added activities! Models can be rolled forward as time progresses and new use cases can be easily integrated into the system as required. There are numerous ways of uploading data and automating processes. It's an incredibly versatile system.
Nik Amin | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
I worked on Oracle for about 8 years before making the switch to Anaplan. Building on Anaplan can be more intuitive for most customers as they would've already had substantial experience working in Excel. Anaplan, however, because of the increased capability can also have a higher, longer learning curve, which is typical for any professional service modeling software.
Score 10 out of 10
Vetted Review
Verified User
Anaplan is well suited for planning and analytics use cases and helps bring Connected Planning to life. With it's in-memory real-time calculation engine, low code configuration, collaboration features and reporting capabilities, the platform is able to provide a modern and robust solution for planners to make informed decisions with agility.
Anaplan is not suited for complex and granular allocations. It is also not a data storage solution and hence, runs into sizing challenges when dealing with extremely high volumes of data.
November 21, 2023

Anaplan a good tool

Score 7 out of 10
Vetted Review
Verified User
Well suited for Sales Planning, Forecasting, Budgeting and not well for Project Management. Anaplan is a planning tool so it best suits for the Planning and similar use cases where there are limited set of users but it does not behave good if we have many users on the platform, it sometimes shows performance issues and also the space limitations and Anaplan is a costly tool.
Score 10 out of 10
Vetted Review
Verified User
most appropriate for forecasting and budgeting, workforce planning, executive / management reporting, sales and operations planning, treasury planning, capital planning, sales performance management, incentive compensation planning, scenario planning and what if analysis
less appropriate for close and consolidation accounting functions
November 20, 2023

Master Anaplanner Review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
Anaplan is well-suited for complex, planning processes involving multiple areas of the business. For companies that want to put the software development into the business user's hands vs running up IT development costs. Great for scenario and driver-based planning. Data Hub allows for all data to be pulled into a single source of truth within Anaplan and allows for faster development of additional models utilizing existing data hub data. Anaplan can be expensive for mid-sized companies to use with only one use case. Designed for enterprise planning.
November 20, 2023

AnaPLAN for Success!

Alexander Jackson, CPA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
The ability to collaborate with other stakeholders, such as the Demand Planning team and Store Managers, within the Anaplan platform to ensure that the allocation strategy aligns with overall business goals and store-specific requirements has been a great use of Anaplan and has proven to be truly successful in my experience. The ability to have truly connected planning is a true selling point of the product.
November 20, 2023

Efficient Planning tool

Score 9 out of 10
Vetted Review
Verified User
Well Suited:
- Planning, forecasting, budgeting, scenario planning
- Versions
- Snapshot processes
- Transparency
- Model to model data integration
- Data integration (Cloudworks, API or Anaplan Connect)

Less Suited:
- Unlimited dimensionality in modules (However Polaris in pipeline)
- Unlimited Data volumes
- PowerBI maybe more suited for the granular/ unlimited reporting for that slice and dice capability

Score 8 out of 10
Vetted Review
Verified User
It's mainly fall under EPM (Enterprise performance management) category so it best suitable to use it as a planning tool. It shouldn't be uses as an ERP tool because it's not well suited to handle big chunk data.
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