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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

(76-100 of 302)
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Score 9 out of 10
Vetted Review
Verified User
We use Anaplan to forecast Construction and Maintenance projects across several industries. Across the life cycle of the Project, we forecast revenue, cost and commitments. this data was used to recognise revenue and then was combined with other data to form the company accounts and board reportable numbers
Score 10 out of 10
Vetted Review
Verified User
I have implemented Anaplan solution in Demand Planning, Workforce Planning, Sales Planning, and FP&A Planning. Anaplan is solving complex business problems. 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.
Score 10 out of 10
Vetted Review
Verified User
We deliver high-quality Anaplan solutions for our customers within expected timeframes and on budgets. We translate existing solutions, spreadsheets, and business problems into sophisticated Anaplan multi-dimensional models. Anaplan allows for connected planning and an integrated source of truth from various parts of the business e.g. Sales, HR, and Finance can be planned in a more effective way—a “Single source of the truth.” Anaplan provides the flexibility you need to build and maintain models over time and prevent errors. We work on a varied amount of use cases from FP&A, Supply Chain, and Workforce Planning.
Score 10 out of 10
Vetted Review
Reseller
Anaplan helps us to manage the pipeline, resource tracking, revenue generation, and forecasting of the financials. It is extremely flexible and easy to use. It has one of the best front ends for adoption. It has an Excel add-in and PowerPoint to make things [easy] for users. We can export the data to work offline as well.
Score 10 out of 10
Vetted Review
Verified User
We leverage Anaplan for various workstreams (automating data collection, forecasting, portfolio tracking, investor reporting, various fee and promot[ing] calculations, etc...). Being that Anaplan is extremely flexible, we can customize models for our specific business use cases, allowing us to standardize processes while providing users with a simplified user interface to navigate.
Score 8 out of 10
Vetted Review
Verified User
I currently implement Anaplan across a wide range of use cases for various finance industry customers. Some of our customers are in insurance, private equity, real estate development and investment banking, and have all found Anaplan to be incredibly useful. Anaplan has been a great asset for converting these companies' dated and clunky Excel models into a single source of calculations and end user displays. End users are always incredibly satisfied with the ease of use Anaplan brings to their day to day lives over their prior processes.
Score 9 out of 10
Vetted Review
Verified User
I use Anaplan in a wide array of use cases in the Sales Performance space. Anaplan has helped our customers leverage connected planning across the businesses stemming across Comp Plan Design, Territory Management, Territory Quota, Incentive Comp, & CRO reporting.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
We address our capacity requirements balanced against our pipeline. We need the accuracy and flexibility to iterate staffing scenarios and understand where we truly need good people in advance of it being critical so that we can hire and staff appropriately.
Score 10 out of 10
Vetted Review
Verified User
We address the client problems with the Anaplan application. We gather the requirements from the product owners and convert them to technical artefacts and build the model to solve their issues and streamline the process. We implement different use cases across different industries and solve their business problems. We also create Anaplan applications for building assets/accelerators internally and demo them to the client during the sales pursuits.
October 27, 2022

Anaplan for me !!!

Score 9 out of 10
Vetted Review
Verified User
We are using Anaplan for planning and forecasting for our client. We were able to utilize the new Anaplan features like management, reporting, and optimizers to build an intuitive platform for clients. Utilizing the cloud based and statistical modeling abilities of Anaplan, we are providing them a platform to integrate all the functional areas like sales, finance, category etc. under one umbrella.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We use Anaplan for financial consolidation, capital planning, and headcount management. Anaplan helps with creating a decentralized, real time source of truth that we can quickly use to make business decisions. In combination with our existing HRIS solution Anaplan also allows us to efficiently track and report on headcount at a granular level.
Score 9 out of 10
Vetted Review
Verified User
I implement Anaplan at customers and advise them how to best utilize the platform. It truly brings power to the users and replaces a world where excel spreadsheets simply cannot compete. The history and version management ensure that data integrity is maintained throughout the budgeting cycle. It can be configured to fit virtually any use-case and can be completely managed via the UX dashboard; meaning users do not need to learn a completely new system to utilize Anaplan.
Score 9 out of 10
Vetted Review
Verified User
I have implemented Anaplan for a range of clients and use cases. It is best used to bring more structure and robustness to planning processes and when Excel's processing power has been exceeded. The benefit that Anaplan has over other systems is how flexible it is and how you don't need to be from a systems background to build models.
Score 8 out of 10
Vetted Review
Verified User
I am a Business Solution Consultant, working for a Anaplan Silver partner 'Voiant'. My primary responsibility is to assist our client by modelling and supporting their Anaplan Models. Currently, I am working on a Sales Performance management use case for our Software client where we build a Anaplan model for Territory and Quota Planning. We helped our client in scoring the accounts, assigning it to correct Territories and setting up quota in more smooth and integrated fashion. this provided them a more integrated platform on cloud which requires less technical knowledge for the business person and helped them with better visibility using Anaplan Apps.
Score 9 out of 10
Vetted Review
Verified User
I help companies set up Anaplan for a variety of use cases, including Financial Planning and Analysis, Supply Chain Management, Workforce Planning, and Group Consolidation. The companies operate across a range of sectors: Property and Construction, Education, Banking, Insurance, and Retail. Anaplan is an incredibly versatile tool. With relatively simple steps companies can bring in data from other systems; end users can then provide further inputs and assumptions; calculations are set up to create financial statements or plans; and finally dashboards present these in a user friendly way. Anaplan is the perfect tool for multiple users to interact and contribute to a forecast or plan - the system can easily handle several hundred users working concurrently.
David Meyer | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Our organization uses Anaplan for a variety of Sales Operations functions. From Territory Management and Quota Planning, to Sales and Finance Forecasting, to Account Management and Assignment, to Headcount and Resource Planning. Our application of Anaplan spans multiple markets with a user base through all levels of management. We have a hybrid centralized/federated model of governance that allows for centrality of data security while allowing teams to build to the needs of their customers.
Score 10 out of 10
Vetted Review
Reseller
Anaplan is used across different use cases, from financial statements planning and consolidation to down-to-the-SKU demand forecasting, supply planning, or workforce planning.

For instance, its powerful calculation engine can run statistical forecasting for all your SKUs and regions. Its dynamic and transparent way of allowing user collaboration in real-time helps to share information and reach consensus in a single platform. Its flexibility of modeling and version control allows you to run several scenarios, financialise the results and plug that forecasted demand as the top line revenue of your P&L.
September 19, 2022

Anaplan Review

Score 9 out of 10
Vetted Review
Verified User
Current set up we've got is:
  • Data Hub (allowing for one source of the truth)
  • Finance Dev (Group & 5 Markets)
  • Finance Test (Group & 5 Markets)
  • Finance Prod (Group & 5 Markets)
This allows the business to get away from the traditional excel submissions to Group and allows for a streamlined forecasting process, having a data hub allows consistent accurate data being provided to all spoke models.
Model to Model integrations allows a stress free monthly submission process, being able to have preliminary reviews pre close
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We use Anaplan for clients of different industries to cater to a variety of functional requirements. The use cases span across multiple use cases such as Financial, Workforce, Sales and Supply Chain Planning and collaborating various use cases into Connected Planning.
Ravikumar Manchi | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
We use Anaplan for Financial Planning and Budgeting process where we budget for Revenue, Expenses and Resources like Funding, Capital, Risk, Balance Sheet numbers from lowest level granular level of the business.

There are different type of business and each business is having its own way of generating revenue. We build tree to project revenues and linked resources automatically using connecting planning nature of Anaplan.

We also implemented Sensitivity Analysis on Baseline to simulate some scenarios to understand the direction of the market and directive actions to mitigate risk well in advance.
September 15, 2022

Anaplan, 5+ years after

Score 10 out of 10
Vetted Review
Verified User
I am working as a team member in our internal Anaplan CoE, implementing and supporting global custom applications for planning and forecasting within the Commercial/Finance area.
Score 10 out of 10
Vetted Review
Verified User
Anaplan helps in Sales Planning to eliminate the manual maintenance of Microsoft Excel files. It helps to streamline our planning process and makes our Sales user's life easier. Easy to implement and collaborative connected planning to expand our businesses to solve complex problems. Highly customizable and interactive dashboards, Cards, Charts, Management and Reports improved our Sales Planning Process to a great extent. Anaplan enhanced decision-making and improved business process agility.
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