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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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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

(26-50 of 302)
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Score 10 out of 10
Vetted Review
Verified User
Working for a consulting firm I both Implement Anaplan and also Use Anaplan to plan our business internally. It is incredibly flexible and easy to use which makes it great for Finance, Sales, Supply Chain, and everything in between! The beauty of it is the ability to use the same data sets so that the business is all aligned in terms of the decisions it is making important decisions off of.
Score 9 out of 10
Vetted Review
Verified User
Scope of the use case: Implement a solution to forecast revenue that is having an impact on Expenses, Balance sheet, Capital, Risk, and funding forecasts based on very low-level drivers. It should support sensitivity analysis and Attribution Analysis to analyse the forecast accuracy. Pros: Currently the firm uses very high-level forecasting where the forecast data is not being coded and justified with any tool. If there is any change in the market, the impact is also assumed based on the experience but not based on logical data points. After implementing the solution in Anaplan with clearly codifying the forecast data based on very detailed nodes, we can create multiple scenarios on the fly based on the market change or based on different drivers and we can accurately analyse the firm behaviour for the change. This solution provides a lot of transparency in the forecasting for all businesses and eliminates unforeseen impacts on the business revenue.
Score 9 out of 10
Vetted Review
Verified User
We implement solutions with the Anaplan tool for enterprise customers on a wide range of use cases that their line of work requires. The most common problems we aim to resolve are outdated processes using robust tools that are very time-consuming for the end user, as well as creating a stable connected planning experience for every branch of the organization. Our scope are multiple CBP implementations that are currently live, and have been helping our users make better decisions faster and easier. To update our portfolio, we've been working on several FP&A process models and their respective integrations with our customers' extensive environment.
November 15, 2023

Review of Anaplan

Score 10 out of 10
Vetted Review
Verified User
Anaplan is used across the organization in multiple different use cases, including compensation forecasting, profitability, expense forecasting, and much more. The business problems it is mainly addressing the providing a consolidated and consistent platform for users to conduct the business forecasting process. Each business unit does the forecast in a different manner and the challenge was getting them to do something consistently and effectively.
Brian Shepley | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
As an Anaplan Partner, we work to implement highly successful connected planning projects at global leaders across myriad industries. Many companies will begin with a pressing use case, such as financial forecasting or OPEX planning, that stems from an overarching corporate objective. Once the first use case is stood up, companies find that having everything in one cloud-based system (vs. rogue Excel spreadsheets) creates synergies and increases productivity, and choose to build additional use cases. As a partner, we help guide companies on how to build these additional use cases out as a 'honeycomb', to ensure they aren't building silos, but rather, a connected planning ecosystem.
Score 10 out of 10
Vetted Review
Verified User
Anaplan is used as a solution to a myriad of pain points that exist within a firm's corporate planning cycles. The tool is extremely flexible and allows organizations to obtain forecasts and outlooks for almost anything in a much more timely, accurate, and detailed manner than old processes such as handing off excel spreadsheets around and organization to be updated. Anaplan is also much less error-prone since the manual manipulation of data is drastically reduced when implemented properly. Multiple-use cases have been addressed during my time from Biopharma, Technology, Manufacturing, Demand Planning, Workforce Planning, Revenue planning, all across the use case spectrum. These cases have been addressed effectively as well leading to major reductions in the effort it takes for an Anaplan customer to come up with a forecast.
Score 9 out of 10
Vetted Review
Verified User
Overall 6+ year of experience in Anaplan we implement Sales Planning, Headcount Planning and Financial Planning. To manage monthly, Quarterly and Annual planning for all use cases. Anaplan helped to integrate many data sources, Prior to using Anaplan we used to excel and workday Planning, sometime it is difficult to maintain. We are now planning to implement demand , Capacity and Scenario planning in Anaplan..
Score 9 out of 10
Vetted Review
Reseller
Anaplan is the planning tool of choice for my organization globally. I have also implemented Anaplan for other organizations in various industries/sectors such as real estate, banking, insurance, hospitality, transport, mining, and energy. Within my organization, it is used for people planning, short-term strategic planning, and global long-term strategic planning. Prior to implementation, like most organizations, the process was manual and time-consuming.
November 09, 2023

Anaplan- a great tool

Score 10 out of 10
Vetted Review
Verified User
Our company moved completely from the standard locally stored data into Anaplan Cloud solution. It improved a lot the whole process of transforming source data into financial results. Many aspects of the daily job were enhanced - security, managing ability, accuracy, scalability, efficiency. I'd like to recommend Anaplan to all those people that need a solution having a database + calculation functions on big sets of data.
Score 10 out of 10
Vetted Review
Verified User
I use Anaplan to design and manage monthly, quarterly and annual financial planning cycles. Prior to using Anaplan I used to have to do this in Excel which can be inefficient, prone to human error, and difficult to audit. Anaplan has helped me in all of these areas. The specific use cases that I use Anaplan for are to produce a forecasted P&L, Balance Sheet, Cash Flow, and Workforce Plan.
Vignesh Murugaiyan | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
We are using Anaplan since last 9 years, and currently 30+business use case model in use. Before Anaplan, we had to consolidate 100+ spreadsheet from asset managers from various location to be collected/combined to produce one top level report by Fund and Group, more time was spent on data collection, error checking, and reporting. After Anaplan, zero time spent for reporting as anaplan is powerful enough to produce real time consolidated reports, one platform to manage 100+ properties. Key use cases are below, a.Real Estate - using Anaplan to underwrite new properties to see the ROI and budget/forecast the revenue/expenses for the existing 100+ properties across European b.Expenses Calculation - using Anaplan to budget/forecast the people and non people costs(salary of the FTE\contractors and expenses such as Capex\Opex) for the 3 countries (UK, Ireland, and Canada) c.Profit and Loss from selling an insurance product - using Anaplan to set up the target for the Canada Market and forecast the P&L for the next 2 years based on the historical performance of the products.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
I help other companies implement Anaplan, mostly for use cases in the alternative investment space. These use cases vary by client, but typically involve carry calculations, carry allocations, fund modeling, or portfolio monitoring. I have also worked on a few valuations use cases recently. Anaplan's flexible, multi-dimensional platform allows you to create unique models that meet the client's specific needs.
Score 9 out of 10
Vetted Review
Verified User
Anaplan is one of the vendors we use in organization for EPM consulting. We provide EPM/Financial solutions to customers. Anaplan has come out as one of the preferred vendors for businesses of various sizes and scales. Its being used to address Financial Planning, Sales planning, Supply chain planning and Workforce planning solutions.
Score 9 out of 10
Vetted Review
Verified User
Anaplan provides a great deal of flexibility when business rules. With its strong calculation engine, I'm able to run multiple scenarios in a matter of seconds. This helps my clients do What-if analysis and compare scenarios during their budgeting and forecasting processes.
Score 10 out of 10
Vetted Review
Verified User
Anaplan is solving complex business problems. We are using Anaplan to forecast the revenue & the costs. It gives the capability to perform scenario planning/sensitivity analysis with the critical business drivers that could have a significant impact on the business in uncertain times. It gives management powerful insights for making the right decisions at the right time. This is one platform that orchestrates all the functions in the organization. Anaplan tool is very helpful in Scenario Planning & assessing the the impact of unforeseen business/market situation on business performance. It's management reporting capabilities have the lives of the planner easier. Now they don't have to make cumbersome Powerpoint presentations every month to their management. Instead they can get their entire set of Powerpoint slides automated with Anaplan will real time updates on the performance & commentaries.
Score 10 out of 10
Vetted Review
Verified User
Currently use Anaplan to address business management and planning. Anaplan allows for the improvement of many common problems facing organizations currently relying on tools such as Microsoft Excel for many complex business needs as they grow and need a product that will allow them to scale their models with their growth. Some common examples are the single source of truth nature of Anaplan vs. multiple versions of spreadsheet files, ease of auditability Anaplan provides, and the varying levels of control over access by user/role type.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
I am part of the Enterprise Performance Management (EPM) practice of a specialised consulting firm focused on creating value through technology and process transformation for private markets and financial services companies. Our EPM practice designs and implements solutions for financial and operational planning and reporting using tools like Anaplan and Workiva. We empower our clients to improve performance and achieve their goals.

Over the last 5 years, I have implemented Anaplan for clients in various industries including real estate, telecommunication infrastructure, and insurance. Use cases for the implementations I have done include leasing metrics reporting, operational income forecasting, asset cashflows, and traditional FP&A use cases.
Michael Vascovitz | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Connected Planning Tool that Changes Companies Ability to Forecast I use Anaplan to create demo models to showcase to clients for HR/Finance/Energy/Biopharma use cases. For example, creating a 2-year workforce planning model that integrates net income from an FP&A model to identify company growth, plan employee costs, and identify gaps in the company's profile is an excellent way this tool transforms planning In all models, scenario planning is an easy section of each model that allows companies to prep for unknowns and allow real-time business decisions.
Score 10 out of 10
Vetted Review
Verified User
Internally, Anaplan is used for planning forecasts in regard to staffing. Each employee enters a forecast of allocated time to projects which are tracked against budgets. Actuals are sourced in from another source system. This provides management insight to budget vs actuals, staffing needs, and forecasting capabilities. Project managers have visibility into the project budget overtime.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Our organization uses Anaplan across Supply Chain, Sales, Marketing, and Finance. We use Anaplan to help forecast sales from gross dollars all the way down to the standard margin. Anaplan helps us operationalize these forecasts in Supply Chain, and then realize these forecasts with our finance team. It is an extremely helpful tool for collaborative planning.
Kudiarasu Masilamani | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
We use Anaplan in HR, Finance and Sales planning teams. we integrate all these organization using Anaplan leading to Connected planning.
Prior to using Anaplan all the teams were using Excel worksheets leading to delay in submission and incorrect version.
Using Anaplan we have eliminated such issues. The Data transfer between systems and teams have improved and created more trust in the data and team, the process.
Score 10 out of 10
Vetted Review
Verified User
A very valuable, scalable and powerful platform. It was is very easy to implement and can be implemented on very short time scales to deliver value quickly.

The business problems it solves is lack of agility, no single source of truth and lack of collaboration between the different business functions.

The platform can be used to solve any planning, modelling and analysis usecases.
The best thing to do is build a road map with some quick wins so you can deliver the value the tools brings quickly.

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