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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 (281)
    9.5
    95%
  • Forecasting (282)
    9.3
    93%
  • Scenario modeling (284)
    9.2
    92%
  • Management reporting (283)
    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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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 8.0

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 7.6

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.

8
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 8.0

Financial Reporting and Compliance

Financial statements and regulatory filings

8.6
Avg 8.2

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

(479)

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

(101-125 of 302)
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Score 10 out of 10
Vetted Review
Verified User
We use Anaplan for Incentive Compensation, Territory and Quota, Expense, and Revenue Planning and are actively evaluating other use cases. The tool addresses how quickly our business is able to come up with solutions to problems. Anaplan helps perform real-time calculations and reports back to a much wider base of users than with previous tools. Anaplan provides flexibility in how and when our business chooses to grow.

I am a model builder from within our organization and have worked on implementing Incentive Compensation, Revenue Planning, Sales Booking Planning, and other models over the last 5 years. I work actively within Anaplan for about 50% of my time and work with both admins and end-users (an admin can be an end-user). We are continuing to grow our use of Anaplan and connected planning as we get more models online and more users within Anaplan. Information sharing is improved with connected planning and we are looking to see where else in our organization we can leverage Anaplan's product offering both for analysis and reporting.
Score 7 out of 10
Vetted Review
Verified User
We consult our clients about Anaplan and implement solutions tailor specific to their business needs. The solutions range from a spectrum of industries from Sales Performance Management, Workforce Management, Compensation Management and Supply Chain Management.
Score 8 out of 10
Vetted Review
Verified User
Anaplan is a platform where we are contracted to implement its capabilities in various industries across a wide array of use cases. Anaplan does really well in a targeted, but broadly encompassing, set of use cases - chiefly; FP&A and SPM. Anaplan helps address the problems typical of a company or enterprise that is struggling with tools that cannot handle the scale at which they need to use them. Common problems in these situations range from siloed workstreams fed by disparate data sources to lack of collaboration and transparency as well as visibility into the impact of the inputs and assumptions driving the planning process. Ultimately these kinds of problems lead to plans that are not as accurate, responsive, or timely as they could be. Anaplan alleviates a lot of those issues by being a cloud-based platform capable of handling enterprise-scale planning needs.
Jerry Wu | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
We use Anaplan in our organization for sales performance management. Changes within our sales organization happen fast, and we often need to be able to pivot quickly in our sales planning and our incentive compensation management processes. Anaplan allows us to create a custom platform that caters to the needs of high growth and the changes that happen with growth.
Score 9 out of 10
Vetted Review
Verified User
We currently use it as the backbone for our forecasting processes. Specifically, within my department, we use it to build the following forecasts: P&L, Balance Sheet, and Cash Flow. As part of the P&L forecast, we have ancillary models that create a bottoms-up forecast. On the backend, we integrate using 2 data hubs to centralize data going in and out of Anaplan. Non-conventional use cases include allocating results to provide a finer granularity for analysis and building a bridge analysis between forecasts & actuals. Currently, we are building out a long-range plan model and expanding our use of a rolling forecast model to allow for further visibility.
Score 10 out of 10
Vetted Review
Verified User
Anaplan is being used by many of our clients. It solves the purpose of the user's ask. We have implemented Anaplan model for different stakeholders working on different domains which include S&OP, FP&A, Supply Chain, Demand Planning, TQM and Production Planning. It addresses the problem of reducing the time consumption of the planning activity. Users are happier to be part of Anaplan workspace. It is more intuitive, collaborative, scalable and user friendly tool. The implementation takes probably very less time comparing to other planning tools.
July 06, 2022

Anaplan for Finance

Score 8 out of 10
Vetted Review
Verified User
Currently, we have two models in Anaplan: (1) group financial reporting, and (2) subscription modeling. The group model has enabled the consolidation of budget and forecasts for each of the business units, including functionality such as payroll FTE/headcount reporting, cost allocations, and FX scenario modeling. The subscription model allows the forecast of volumes and consequently subscriptions revenue and costs by using high-level assumptions, for example, renewal rates based on the subscription type.
Score 10 out of 10
Vetted Review
Verified User
I consult using the Anaplan platform, with project implementations ranging from incentive compensation to supply chain management. Prior to consulting I was an Anaplan end user that leveraged the platform for budgeting and forecasting in the FP&A space. Each case helped address disparate connectedness, inconsistency, or slow planning processes spread across multiple teams.
Score 9 out of 10
Vetted Review
Verified User
Anaplan is being leveraged as a consolidation engine to facilitate financial planning and forecasting across our entire finance organization. This allows our corporate FP&A team to capitalize on a leveraged model, gathering inputs from business-aligned Finance teams within a structured environment. This tool helps us to empower collaboration and data integrity and has massive calculation power for large data sets. We had stretched Excel to its capacity so it was critical that we shift to a more robust solution.
Iam Gael Garcia | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
I particularly like the reporting capabilities, as you can not only create reports in the web app but also within the Excel add-in. Between each reporting tool, you can create what you need. I like that you can quickly load data into a specific scenario and a minute later it's available throughout the multi-faceted reporting system.
Score 10 out of 10
Vetted Review
Verified User
Anaplan is evolutional.

In additional to connected planning and scenario analysis, it almost fully automate companies accounting process. It is able to connect to the upstream data source via ETL tools, perform multi-dimensional calculation without the worries of excel crushing, and send the result back to the same or downstream data source. There are so many cases that Anaplan saved hundreds of professional hours each month.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We use Anaplan Predictive Insights to determine prospects that have a propensity to buy and who are currently searching for software solutions that compete with what we do. It helps guide us to accounts that are currently evaluating software solutions for planning and forecasting within Sales, Finance, Supply Chain, and Marketing.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We use Anaplan Predictive Insights as a customer intelligence platform to get a comprehensive view of our customers, especially for sales and marketing teams on which customers to target and which ones to engage through marketing campaigns. We use Anaplan Predictive Insights as an addendum to Oracle CX Sales because Anaplan’s predictive insights are more streamlined to our sales planning and target group of customers. A typical business problem addressed is scoring the target customers based on internal parameters using an AI engine. The predictive intent signals and their integration with our customer database are a good fit for what we wanted to achieve.
March 07, 2022

Anaplan review

Score 9 out of 10
Vetted Review
Verified User
Anaplan allows faster implementations and therefore allows providing a ready-to-use product in less time. Moreover, Anaplan allows having a single platform and a single source of truth connecting several planning use cases (Connected Planning). Anaplan is capable to support advanced planning needs with real-time calculations and a user-friendly interface.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We've been able to save clients time, money and energy [by eliminating the hassle of] complex spreadsheets [with the help of] Anaplan. The [implementation of Anaplan's platform makes for] straightforward modeling which is auditable [and] logic-driven, with a modern cutting-edge user experience. We've found that processes that were taking our client's days can now be completed [within] minutes, [in] particular facilitating collaboration between departments. The platform goes from strength to strength with every update [along with the] quantity and quality of [both] the user [and] community support. [The] learning material has made our life a breeze [with the ability] to enable and upskill our customers on how to get the best out of their investment. The best thing is that the team listens to what [the] customers, users and partners say and incorporates that into the roadmap. There aren't many systems out there that have the capability and flexibility that Anaplan does, all while being delivered inside a robust [and] secure environment.
Score 7 out of 10
Vetted Review
Verified User
Prior to Anaplan, the firm has used Excel spreadsheets that had to be cleaned up regularly so that the users were even able to open them. After the data collection and build phase, we are currently in the time-consuming, yet rewarding process, of replacing spreadsheets with Anaplan models. Anaplan helped us with standardizing the forecasting and reporting approach to all asset classes. Thanks to all assets being already in the single standardized framework, we are able to run additional ad-hoc analytics required by the business as well as start expanding the model into additional areas.
Score 9 out of 10
Vetted Review
Verified User
We use Anaplan for core Financial Planning & Analysis needs to create annual budgets, quarterly forecasts, as well as intra-quarter projections. We also utilize the tool to plan and forecast position level personnel expense and headcount. I personally oversee the creation and maintenance of the platform for these needs. I was involved in the creation of all 5 models as a model builder, as well as an end user of all models as a Financial Analyst. The tool has been a great asset to our FP&A activities with it's ability to plan and forecast at the most granular of levels and provide a consolidated location for all data. We have reduced our usage of excel and passing spreadsheets back and forth because of Anaplan, which has been a huge time saver and great way to connect all teams.
Score 10 out of 10
Vetted Review
Verified User
I have used Anaplan for the following use cases: Workforce Planning (e.g. headcount, compensation, non-compensation) Cost of Goods Sold Distribution Expense Price Mix Analytics Production Planning and Scheduling Inventory Management Statistical Volume Forecasting Anaplan is an ideal planning tool because it allows the creation of a single source of truth. For example, Anaplan's leading practice is to create a Data Hub to maintain all lists and metadata. Rather than having disparate users pull data on their own to generate their forecasts and reports in Excel, end-user can simply reference the Data Hub. Also, Anaplan allows multiple users to view and input forecast assumptions and dynamically see the results of their inputs in real-time.
Score 10 out of 10
Vetted Review
Verified User
I am implementing Anaplan at a wide range of different customers. I have done financial planning, financial consolidation, workforce planning, demand planning, supply planning, the list goes on and on.

The product help my customers save time on coming up with the plan, meaning they can spend more time analyzing and coming up with action plans.
Score 10 out of 10
Vetted Review
Verified User
As an Anaplan implementation firm, I support businesses in their implementation of the Anaplan software to solve business issues. We support a wide range of business cases, from financial planning and analysis to sales performance management to supply chain and operations planning. The use cases within each can range from standard, which all companies may see in their business, to business-specific. Overall, the flexibility of Anaplan allows each business to standardize when available, yet customize when necessary.
Score 10 out of 10
Vetted Review
Verified User
Anaplan adresses HR, Finance, Accounting and Management Controlling business cases. Everyone of those business cases usually involve a few users at first (around 100) and can grow to several hundred of users, for exemple Financial Controllers, Management Controllers, Accountants, Accounting directors, HR Controllers ect...
December 31, 2021

Powerful EPM Tool!

Score 9 out of 10
Vetted Review
Verified User
Anaplan is used for multiple used cases like 1. Financial consolidations 2. FP&A Reports 3. Demand Planning 4. Procurement It helps users avoid wasting time in data collection & use their time in solving business problems efficiently.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Anaplan is a tool we use to build business applications for our clients. It starts as a blank (empty) model that is then developed into a fully-fledged app that meets the needs of a business process. Specific use cases we have recently implemented are: - Budget planning - Meeting complex disclosure requirements (15c, IFRS 16) - Performance management (cost allocation & profitability analysis).
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