TrustRadius
https://media.trustradius.com/product-logos/hM/GE/XR6UW80OQAQ8.PNGDoing it all with AnaplanWe 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.,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.,10,Anaplan for Finance Anaplan for Sales,Adaptive Insights and Tagetik,BI - We are using Anaplan to help us drive more detailed insights into what is happening in our business. Because Anaplan makes integrating data from multiple systems so easy, we are on the path to using it as our go-to BI tool. Sales forecasting - we will use Anaplan to drive consistency and accountability in this process FP&A - we will continue to expand out competencies here to improve and streamline our planning and forecasting process. Commission planning - a potential future use case where we can see Anaplan greatly improving the process by providing consistency in plan construction and the ability to connect it to sales forecasting and FP&A to get a better understanding of how plans will perform in specific situations.,Dashboarding is easy to learn and use. Construction of individual modules is relatively straight forward User interface is familiar and easy to navigate,Here is the deal with Anaplan...you have to want to learn it. If you are just going to have someone else build your model and not take the time to learn the system, you're probably not going to get the most out of it and may find it difficult to use. Anaplan requires a certain level of creativity in modeling - once you understand that and understand how to work within the dimensions you establish, Anaplan is a breeze to use. Error handling is annoying and takes too long. In Anaplan, you are often the creator of your own ails. Because there is nearly infinite flexibility, you can make models nearly infinitely complicated. This requires a lot of forethought before you start building.,Yes, but I don't use it,9Anaplan is on it's way, but not quite a Hyperion replacementWe are using Anaplan to do Workforce Planning and Tracking. It is integrated with regional payroll systems to manage employee retention statistics, salary planning, compensation, etc.. We have also just implemented a Long Range Plan that is allowing each individual region to plan for long-term goals and objectives. Growing Revenue, COGS, and expense at specific rates and drivers.,Adaptation - It is pretty easy to make minor changes to the hierarchies and calculations within the system. Be aware that major changes could be quite difficult, but the minor changes are so much easier in this system and that of Hyperion or like systems Formula modeling - Anaplan thrives on automating a lot of calculations that would normally be done in excel. Consistency - The beauty of Anaplan compared to modeling in Excel is that you are guaranteed that everyone is using the same basis for calculations. You can create a corporate standard for modelling that is used throughout the company instead of having each region doing their own thing. This forces you to learn more about the other regions, and allows you to be much more consistent. Cloud - having the platform accessible nearly anywhere is a huge benefit for employees that are on the go.,Model Sizing - Anaplan doesn't make use of sparse data, as it uses the same amount of space for an empty "cell" in a cube as it does for a full one. A product like Hyperion can ignore an empty cell and have it not count towards the size. When you are paying by size, this can cause a huge problem Shared Hierarchies - when you have multiple models sharing the same hierarchy, the process is to change it in one place, then you have to import those changes into other models. This is cumbersome to do, and allows the potential for errors if you do not update all hierarchies. There needs to be a global hierarchy option, along with local hierarchies only used in that model Ad-Hoc reporting - If it isn't in a dashboard right now, it is difficult to find. This creates problems for ad-hoc reporting, and spotting issues that may not show up on one of your canned dashboards Dimensionality and relational - in the Anaplan world, an alternate hierarchy of the same dataset uses an extra dimension in the module. This makes the size larger, and the navigation clunky. Properly integrating alternate hierarchies and hierarchy property sorting, summing, and filtering would go a long way,9,Workforce Planning efficiency - so much easier than excel to maintain sensitive information planning Long range plan lead time - the old excel model took weeks to update. The Anaplan model takes hours,Oracle Hyperion Enterprise Performance Management,Oracle Hyperion Enterprise Performance Management, Tableau Server,50,2,Workforce Planning Long Range Planning Budgeting Capacity Planning,what-if scenarios Capacity Planning,Sales quota and comp Project planning,9,Yes,Price Product Features Product Usability Third-party Reviews,I think we might have asked for a little more detailed proof of concept when first looking at Anaplan. We quickly ran into sizing issues due to the rushed job we did of completing a POC, but Anaplan was quick to help us out and make sure we were happy in the end.,Implemented in-house Professional services company,Yes,Change management was a major issue with the implementation,weak 3rd party consulant knowledge learning curve of workspace and model design change management,9,Online training In-person training Self-taught,3,5,I absolutely recommend this approach. Get a hold of the software, build some basic models to play around with, and reference either anapedia or http://www.anaplanguru.com/formulas/ to get started with formulas. You can take a look at some workspace design tips and tricks as well on my site to help you get started with your overall approach to Anaplan. They will try and sell you on some in person training at the point of sale, don't take it.,9,I have written out what I consider to be the best practices for worskpace design at http://www.anaplanguru.com/anaplanners/ The key points are to centralize a data hub to handle your integrations and data transformation, flatten your ragged hierarchies where possible, and use consistent organization throughout your models to allow anyone to come in and understand them.,Yes - we have customized the interface extensively,No - the product does not support adding custom code,no,4,Yes,unfortunately, no. The only time I feel like I am talking to someone that fully understands the product is when I am interacting with the product development team directly.,Hierarchical aggregations...using lists to aggregate is very easy sumif and vlookup type formulas alternate hierarchies data linking between modules,data integration formatting complex nested formulas,No,9,7,10,9,HFM,Snowflake Data Warehouse Ultipro HRIS,File import/export,7,6,8,their pricing strategy has changed multiple times since we contracted, so it would not be relevant at this time.,Ensure you understand model sizing, and try to get as much space as possible for your budget. Not having to worry about how much space your models use will help make the model building go much smoother. It's a lot easier to reduce model size after it is working than thinking through your design with space restrictions.,Yes,New charting capabilities centralized security and user management,predictive analytics more charting capabilities new dashboard grid,No,No
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Anaplan
213 Ratings
Score 8.3 out of 101
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Anaplan Reviews

Anaplan
213 Ratings
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Score 8.3 out of 101

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Chris Friederich profile photo
May 19, 2017

Doing it all with Anaplan

Score 10 out of 10
Vetted Review
Verified User
Review Source

Usability

9
There is a dependency in this rating - in that I find Anaplan extremely easy to use, but I've spent the necessary time developing a strong understanding of the platform. Once you understand how to use it, the platform is flexible, easy to use, and fun to use.
Read Chris Friederich's full review
Joseph Bradbury profile photo
June 09, 2016

Anaplan is on it's way, but not quite a Hyperion replacement

Score 9 out of 10
Vetted Review
Verified User
Review Source

Usability

9
For the most part, if you are good with excel and have a little understanding on how databases work, you can build nearly anything in Anaplan. It is pretty easy to pick up and handle most of the simple modeling, but takes a bit more training to get into more complex models. On the user side, it functions much like an array of pivot tables to get to your data points, so should be familiar to any excel user.
Read Joseph Bradbury's full review

Feature Scorecard Summary

Customizable dashboards (3)
7.2
Publish to PDF (3)
8.3
Report Versioning (3)
8.3
Report Delivery Scheduling (3)
7.3
Responsive Design for Web Access (3)
6.9
Long-term financial planning (76)
7.8
Financial budgeting (79)
8.8
Forecasting (90)
8.9
Scenario modeling (92)
8.4
Management reporting (95)
8.4
Financial data consolidation (56)
8.7
Journal entries and reports (32)
7.5
Multi-currency management (11)
6.2
Intercompany Eliminations (8)
6.0
Minority Ownership (7)
6.0
Local and consolidated reporting (48)
8.2
Detailed Audit Trails (51)
7.8
Financial Statement Reporting (60)
9.3
Management Reporting (70)
8.8
Excel-based Reporting (65)
5.2
Automated board and financial reporting (13)
8.7
Personalized dashboards (90)
6.8
Color-coded scorecards (77)
7.2
KPIs (17)
7.0
Cost and profitability analysis (61)
7.0
Key Performance Indicator setting (68)
6.9
Benchmarking with external data (12)
7.1
Flat file integration (91)
8.9
Excel data integration (81)
7.4
Direct links to 3rd-party data sources (63)
8.7

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.

Anaplan Features

Budgeting, Planning, and Forecasting Features
Has featureLong-term financial planning
Has featureFinancial budgeting
Has featureForecasting
Has featureScenario modeling
Has featureManagement reporting
Consolidation and Close Features
Has featureFinancial data consolidation
Has featureJournal entries and reports
Does not have featureMulti-currency management
Does not have featureIntercompany Eliminations
Does not have featureMinority Ownership
Has featureLocal and consolidated reporting
Has featureDetailed Audit Trails
FInancial Reporting and Compliance Features
Has featureFinancial Statement Reporting
Has featureManagement Reporting
Has featureExcel-based Reporting
Does not have featureAutomated board and financial reporting
Does not have featureXBRL support for regulatory filing
Analytics Features
Has featurePersonalized dashboards
Has featureColor-coded scorecards
Does not have featureKPIs
Has featureCost and profitability analysis
Has featureKey Performance Indicator setting
Does not have featureBenchmarking with external data
Integration Features
Has featureFlat file integration
Has featureExcel data integration
Has featureDirect links to 3rd-party data sources
BI Standard Reporting Features
Does not have featurePixel Perfect reports
Has featureCustomizable dashboards
Does not have featureReport Formatting Templates
Ad-hoc Reporting Features
Does not have featureDrill-down analysis
Does not have featureFormatting capabilities
Does not have featurePredictive modeling
Does not have featureIntegration with R or other statistical packages
Does not have featureReport sharing and collaboration
Report Output and Scheduling Features
Does not have featurePublish to Web
Has featurePublish to PDF
Has featureReport Versioning
Has featureReport Delivery Scheduling
Data Discovery and Visualization Features
Does not have featurePre-built visualization formats (heatmaps, scatter plots etc.)
Does not have featureLocation Analytics / Geographic Visualization
Does not have featurePredictive Analytics
Does not have featureSupport for Machine Learning models
Does not have featurePattern Recognition and Data Mining
Does not have featureIntegration with R or other statistical packages
Access Control and Security Features
Does not have featureMulti-User Support (named login)
Does not have featureRole-Based Security Model
Does not have featureMultiple Access Permission Levels (Create, Read, Delete)
Has featureReport-Level Access Control
Does not have featureTable-Level Access Control (BI-layer)
Does not have featureField-Level Access Control (BI-layer)
Does not have featureSingle Sign-On (SSO)
Mobile Capabilities Features
Has featureResponsive Design for Web Access
Does not have featureDedicated iOS Application
Does not have featureDedicated Android Application
Does not have featureDashboard / Report / Visualization Interactivity on Mobile
Additional Features
Has featureAdministration via Web Interface
Has featureText Files (CSV, etc)
Has featureSalesforce
Has featurePixel-perfect reports
Has featureOutput raw supporting data
Has featureMultiple pre-built visualization formats (heatmaps, scatter plots, etc.)
Has featureMultiple access permission levels (Create/Read/Delete)
Has featureDashboard/Report/Visualization mobile interactivity
Has featureMicrosoft Office integration
Has featureUser defined modeling/configuration
Has featureOut of the box data integration

Anaplan Screenshots

Anaplan Integrations

Salesforce

Anaplan Competitors

Pricing

Does not have featureFree Trial Available?No
Does not have featureFree or Freemium Version Available?No
Has featurePremium 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 VersionPaid 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