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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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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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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 7.6

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.

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 8.2

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

(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 301)
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Andris Ingiļāvičus | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
We as an implementation partner have chosen Anaplan as a core technology to use for solving business process problems in a variety of areas: finance, HR, and supply chain. The main problems we typically address is performance, level of detail and scalability of existing legacy platforms or processes maintained in Excel. Due to Anaplans infrastructure, it is a great tool to use for addressing the issues of multiple departments and bringing the plans together in a single platform. That's usually where we see the biggest ROI of the tool, when there is buy-in from multiple departments, this breaks down communication barriers and adds new levels of transparency and speed at which decisions can be made.
December 14, 2023

Anaplan fan

Score 8 out of 10
Vetted Review
Verified User
Incentivized
We use Anaplan as tool to help our clients to optimize their business process. Our projects overs a lot of areas including supply chain management, FP&A process, Tax provision, BEPS etc. Our clients always want a solution that could consolidate the data from different external systems, track the edit history and manage the business workflow, and Anaplan could easily realize that. At the same time, Anaplan implementation is very flexible, so if the business environment changes after solution go-live, COE team can help to update the logic with less efforts compare to traditional systems.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
Within the organization, we use Anaplan to plan our end-to-end business. This includes all workforce planning, incentive compensation, SPM, and FP&A activities. Untangling a web of offline documents used for planning is nearly impossible. Without Anaplan, there's no way plans across the organization could be connected the way they are now. This is specifically applicable within the Sales Performance Management use cases. These use cases often need to be dynamic to the changes in the business and are less structured than Finance use cases. Having a tool like Anaplan, along with a solid COE and model builder team, adjusting to market and organizational changes is quicker and more dynamic. Anaplan also allows analysis and scenario planning to get ahead of and create new positive change within the organization.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
At CloudFlare, we use Anaplan for Finacial Planning and Sales Compensation Management use cases. Our goal was to diminish the reliance on spreadsheets while facilitating the oversight of these processes as our company scales.
- on the Financial Planning side, our implementation covers workforce planning, expense planning, depreciation + amortization, & costs allocation. We have also built comprehensive scenario features to facilitate "what-if" analysis and iterative planning.
- on the SCM side, our model handles the entire process from plan design and assignment to the release of the compensation statements which our sales team consults in Anaplan directly.
Score 10 out of 10
Vetted Review
Verified User
We mainly use Anaplan as our budgeting and forecast tool. It allows us to have a central hub for forecast owners from every department to to sign into, see their actual spend, and input forecasts. We then send the updated forecasts back out to our accounting and allocation systems. We also have various reports built to analyze the forecasts at different levels and by different dimensions of the data.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
My organization uses Anaplan to support various types and sizes of planning processes spanning Financial planning, Supply chain planning, IT investment planning, Cash flow forecasting, capital projects planning, and cost planning. This cuts across several different business types and regions with an overall population of around 1k users and about 20 use cases. While the problems are unique to the individual use cases, typically we see Anaplan used to streamline inefficient business processes that have disconnected and silo'd datasets, lack a clean source of truth, and are not responsive or agile.
Score 8 out of 10
Vetted Review
Verified User
Anaplan is used across our organisation. The use cases that I am familiar with are related for Finance, i.e. Budgeting & Forecasting, Workforce Planning, & Revenue Planning. All of our BUs are onboarded to Anaplan for the creation of our Annual Operating Plan while only a fraction use it for Forecasting. This number is expected to grow as we continue to build out features for our Forecast model. Currently, we are implementing models for Workforce Planning and expect to build out our Revenue model in mid to late 2024. The Workforce Planning model is expected to be used by all BUs for Budgeting & Forecasting cycles while the Revenue model will be piloted for one BU.
Score 10 out of 10
Vetted Review
Verified User
We use Anaplan for Financial Planning & Analysis [as well as] Customer Success & Collections. There are 25+ active models addressing different business use cases. To name a few, Capex forecasting, Opex forecasting, Headcount & Personal Spend forecasting, Balance Sheet forecasting, Cash flow forecasting, P&L forecasting, Collections forecasting, Management Reporting, etc.
Score 10 out of 10
Vetted Review
Reseller
As an independent consultantcy, we have seen Anaplan as a core component of the technology stack that we recommend to the Alternative Investment Industries. The sheer breadth of use cases means that we have seen many companies completely replace excel-based modelling and reporting with Anaplan. Real Estate use cases include Asset Level Budget and Forecasting, Corporate Real Estate, Construction, and Development Appraisals. In Private Markets, we have also seen use cases across, Workforce Planning, Incentive Compensation, FP&A, Fund Modelling, Portfolio Analytics, Valuations and Waterfall calculations.
Stuart McCash | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
We are a global consulting firm focused on delivering operational transformation and enabling technology solutions to the alternative investment industry. As such, we have implemented Anaplan for several of our clients for various use cases. It is a highly flexible tool. For instance, I have implemented it for FP&A, investment budgeting, and forecasting as well as several other use cases.
Douglas Eaton | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Anaplan is a cloud-based planning and performance management platform that allows organizations to connect data, people, and plans across the enterprise. It is used to address various business problems such as financial planning, budgeting, forecasting, sales performance management, workforce planning, and supply chain optimization.
[...] specializes in Anaplan implementations for Alternative Investments use cases (fund/investment cash flow forecasting, capital contribution/distribution, carry waterfall model, real estate asset budgeting & forecasting, FP&A, incentive compensation,...)
Score 9 out of 10
Vetted Review
Verified User
I have implemented Anaplan for many different use cases. We have used Anaplan from FP&A, Inventory Planning, Territory and Quota Management, and Project Planning. In each of the implementations, Anaplan has been used to replace legacy Excel processes that have been causing issues for the users for many years. Anaplan enables thousands of users to access the tool without running into version control issues and Anaplan can integrate with external data sources and can easily store billions of data records.
Score 10 out of 10
Vetted Review
Verified User
Maintaining accurate and timely financial forecasts driven by professional services revenue drivers. Our business forecasts change on a daily basis when operational drivers change - such as landing new clients or projects and staffing changes, so it's important that we have 1) consistent driver data linked to source systems 2) ability to handle complex modeling needs, like complicated revenue billing models and 3) flexible and consistent reporting.
Score 10 out of 10
Vetted Review
Verified User
Anaplan was implemented in order to support the financial planning and P&L forecasting within the organization. The problem we were facing was the chaotic process and an Excel based tool that wasn't performing enough. There were issues with versions control, collaboration and security. Tool was not sufficient to pick up with the pace of company growth. Anaplan was able to address all the above points and improve the financial planning process completely.
Score 9 out of 10
Vetted Review
Verified User
We use Anaplan across the business, starting with a model that forecasts subscriptions to our publication using historical data and different business assumptions. From this we can forecast revenues, and combined with forecasts of revenues from other parts of the business, we can generate a P&L, Balance Sheet and Cash Flow for the Group. Anaplan allows us to reforecast regularly throughout the financial year, at minimal effort compared to traditional forecasting tools, which allows our leadership team to make important business decisions as economic circumstances change. It is easy to integrate different models, so we have extended the platform to include headcount/payroll data which then feeds into the financial statements. We have identified a further half dozen use cases to build over the next 12 to 18 months, including a dedicated Cost Allocation model, a Scenario Planning model and an ESG model.
Nik Amin | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
I am a master anaplanner, and Anaplan certified solution architect. This year I've helped solution a number of solutions for our clients in use cases such as activity planning for a large oil and gas firm, direct + channel sales productivity planning and quota planning for a large cyber security services provider, and currently, I'm building a solution for another activity planning initiative for oil exploration at one of the large oil and gas firms.
Score 10 out of 10
Vetted Review
Verified User
As a partner, I implement best-in-class Anaplan solutions for our customers and their planning needs. Using Anaplan, comprehensive planning solutions that facilitate quick decision-making can be built for all critical functions - Finance, Sales, Supply Chain, HR and Workforce, Marketing etc. Some of the specific use cases I have worked on are Merchandise Assortment Planning, FP&A, Sales Forecasting, Business and Strategy Planning, Marketing Spend Management.
November 21, 2023

Anaplan a good tool

Score 7 out of 10
Vetted Review
Verified User
We use Anaplan for Project Management, Hiring and Time Sheet Management. We've around 3000+ Employees directly using this tool for Time sheet filling and hiring activities. Anaplan has been able to help us to bring this many employees at the single platform and do all the collaboration. Anaplan has been a good tool but lacks reporting capabilities and as the model becomes big, its difficult to manage the space and optimization.
November 20, 2023

Master Anaplanner Review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
I implement primarily Finance and Supply Chain use cases. Standard Finance use cases - financial statement forecasting, budgeting, and actuals; zero-based budgeting, revenue and opex planning, and long range planning. Standard Supply Chain use cases - standard costing, capex, margin analysis, demand planning, supply/inventory planning, stat forecasting, BoM / Material planning, and capacity planning. My background is FP&A, Business Analytics / Market Intelligence, and Stats for Fortune 500 companies. Constantly experiencing similar bottlenecks with Excel - downloading the same data sets, manipulating them (moving formulas over and aggregating), and reporting / charting every month / quarter. Lots of human capital used on non-value added, repetitive activities. That's where I saw the value of Anaplan.
November 20, 2023

AnaPLAN for Success!

Alexander Jackson, CPA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
I am a strategic leader responsible for designing and implementing comprehensive Anaplan solutions tailored to the unique challenges and requirements of the sector. With a deep understanding of both Anaplan's capabilities and the intricacies of the oil and gas business. Drawing on extensive experience in solution architecture, I collaborate closely with stakeholders to gather and analyze business needs, translating them into effective Anaplan solutions. In regards to Capital Expenditure Planning, Anaplan can be employed to streamline the planning and management of capital expenditures in the oil and gas industry. This includes modeling investments in exploration, drilling, facility construction, and other capital-intensive projects. Another problem that Anaplan has addressed for our team is "Scenario Planning for Market Fluctuations". Given the volatility in oil and gas markets, Anaplan can be used for this problem. This involves modeling different market conditions, oil prices, and geopolitical factors to assess the impact on business performance and formulate adaptive strategies.
November 20, 2023

Efficient Planning tool

Score 9 out of 10
Vetted Review
Verified User
We use Anaplan in our organisation for expense planning, revenue planning, HR planning, central planning & profitability planning. It allows us to plan on an icloud planning tool with transparency as to the drivers used for forecasting and to sync models together to create a seamless process in consolidating numbers. Our planning process would take weeks to do, now using Anaplan we can create a forecast and consolidate everything within minutes. It has allowed us to focus on more on strategic decision making rather than the labour intensive focus on compiling files into one etc.
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