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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

(76-100 of 303)
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Score 9 out of 10
Vetted Review
Verified User
Our organization provides professional services to design and implement the Anaplan platform for clients across a variety of use cases ranging from finance to supply chain.
  • Flexibility to design a technology solution around a business process.
  • Real time calculations at scale (billion's of calculations)
  • Ease of integration with CloudWorks
  • Simplified architecture with self contained data, business logic, and user interface layers in a cloud based SaaS application.
  • Advanced geo mapping charts in user interface.
  • Better organization of developer interface.
Anaplan excels in industries where traditional software and processes (i.e. S&OP and supply chain planning) don't properly align with the nuances of how the company does business. We have designed and deployed solutions in industries such as oil and gas and service based industries where this flexibility was needed.
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
  • forecasting over time
  • combining data sets
  • Modeling different scenarios
  • Current date
  • Sensitivity analysis
Anaplan is a great way of forecasting almost any data sets over time this can be asset planning, project costs and revenues, Resources,to name but a few.
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.
  • Customization capability and ease of development and usage
  • Provide resolution to complex problems with ease
  • New UX functionality helps users navigate between different dashboards in different workspaces easily
  • Build multiple hot reports which are scalable and very user-friendly
  • Workspace capacity constraints
  • The line items used as filters in Saved views need to be highlighted to ensure accidental deletion during the build
  • Need Filter References and In NewUX need tracking of Modules and action used in the page.
  • Integration with SAP sources
I like the most about Anaplan is the customization capability and ease of development and usage.Anaplan's flexibility has helped to provide resolution to complex problems with ease. Anaplan is very easy to implement and use. It's New UX functionality helps users navigate between different dashboards in different workspaces easily. it helps to build multiple hot reports which are scalable and very user-friendly.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.
  • Connected Planning
  • Slice and Dice reporting
  • Data Integration
  • Selected Access
  • Synchronized sorting
  • Free colour choice for title AND body text on a normal UX page
Anaplan is well suited for data integration, transparency on what's driving numbers, evolving businesses where hierarchy structures change, connecting Supply chain planning into FP&A planning (volume), standardization across the business, and multi-dimensional modeling capabilities. The data integration side works great with a number of options connecting your Data warehouse to Anaplan models via Anaplan Connect, Cloud Works, or API.
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.
  • Ease of use
  • Power computation engine
  • User friendliness
  • Mobile support
  • Futuristics with AI/ML capabilities
  • Integration
  • Analytical reporting
  • Licensing model
Anaplan is suited for all scenarios which exist in the business environment for Revenue, CAPEX, OPEX, [and] Financials. It connects HR and Finance together really well to drive end-to-end automation of the processes. If your business is pretty operational/tactical in nature then Anaplan may not be a right fit.
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.
  • Eases the navigation of large datasets
  • Enables us to enforce controls around sensitive calculations
  • Allows us to scale our business processes
  • Checks are in place to prevent a user from building incorrect formulas
  • Easier administration of workspace access (they are working to improve this)
  • Easier access to model related data (they are working to improve this)
Anaplan can be utilized for a multitude of use cases, such as data collection and forecasting. There have been some use cases that I have encountered where I would advise someone to look into other systems (waterfall calculations and general ledger type of accounting.)
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.
  • Efficient calculation engine
  • Ease of use / ease of customer adoption
  • Attractive end user displays
  • Many requests for new enhancements by the community have been ignored over the years
  • End user displays are fairly static and can lack some simple customization
Anaplan is very well suited for converting Excel based models built on very structured logic. If there is a lot of variability of outcome in the user's data or if there are a lot of one-off scenarios, Anaplan may not be the best fit. Anaplan runs on if, then , else statements so if your processes cannot be run in this format, or require a lot of one off exceptions, then it may not be the best product for you. Otherwise, it is fantastic to use with great end user adoption due to its ease of use.
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.
  • Connected Planning
  • Live Data
  • Scalability across the organization
  • Front end graphical user experience
  • Latency at scale
  • Mobile
Anaplan is an amazing tool for Actual Reporting, Forecasting Planning, & What-If scenario predictions. The calculation engine allows for a unified source of truth across the business that updates real time as well as the ability to integrate with other downstream/upstream systems. Anaplan should generally not be used as a "data repository" or "data warehouse"... its value comes from the calculation engine & not necessarily its data storage capabilities.
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.
  • Complex modeling
  • Business user administration
  • Excel like syntax
  • Standard best practices/framework for complex real world use cases
  • Documentation capability
Anaplan can get the job done across any business need. Don't expect a plug and play, but where detail and insight matter to drive your business forward, you can rely on the platform to drive value.
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.
  • Planning
  • User experience
  • Reporting
  • Integration
  • Technical limitations
  • Reporting
  • Application downtimes
Because of the features that Anaplan has to build the application for variety of use cases. It will support multiple use cases and help addressing the business problems easily. Because of its scalability, flexibility Anaplan helps the developers to build the sustainable application and at the same time providing the best user experience to the business users to do their planning and forecasting in the Application. Anaplan has very good road map and is constantly evolving with great features and functionalities.
Score 10 out of 10
Vetted Review
Verified User
Some of the study cases tackled with Anaplan are annual budgets, quarterly forecasts, or monthly leasing pipelines.
  • Firstly, starting from platform capability, flexibility, and transparency.
  • The Anaplan Community offers a wide range of resources, from formal training to peer insights and live events; it is a great way to stay on top of the game as a COE leader.
  • Anaplan Support is providing excellent service on time.
  • What I would like to see in the future is more focus on best practices and recommendations on processes efficacy. When implementing Anaplan, most of the time, it also comes as a change in the existing business processes.
  • Improvement of the platform admin console
  • Improve workflow capability
Anaplan is great for scenario planning, budgeting processes, workforce planning, compensation management, supply chain to name a few. Anaplan is less suited when is only replicating the Excel process without improving and mapping the process. Also, it is recommended that the implementation partner has relevant experience in the specific industry (or processes). Anaplan should not replace data warehouse or use to store large quantities of data.
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.
  • Multidimensional Modelling
  • Intuitive UI
  • Faster Calculations
  • ALM sync to enable selective code movement
  • Built in Capabilities of push form of Data Integration (Currently its is Pull)
  • More intuitive platform for showing errors like Dialog box for errors.
Anaplan is a perfect tool for planning ,budgeting and forecasting . Its a cloud based platform with evolved calculation engine and multi dimensional modelling capabilities. For me, it has worked wonders we had implemented a TQM and ICM use case. We were able to move our of 100 + spreadsheet and error prone excel macro to a rather more stable platform. Similarly , for the FPnA use that we implemented for our client , we were able to achieve as much as 80-90 % automation using Anaplan and were able to stitch all the ecosystems together.
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.
  • Cloud based source of truth
  • Flexibility to quickly develop in response to business need
  • Very flexible
  • Did I mention flexibility?
  • Can be difficult to implement in-house without an experienced team
  • Would enjoy no/low code API integrations with other systems
  • Not great with sparse data sets (Anaplan has recently released functionality called "Polaris" that is supposedly better with sparse data sets
  • Not the best for management reporting, BUT, our strategy is to use external BI tools in combination with Anaplan for management reporting.
Anaplan is great as a central consolidation spot/source of truth. Decentralized nature makes it accessible and end user inputting can be very straightforward. Anaplan is also flexible, almost to a fault. Can easily develop whatever functionality end users desire. Given how flexible Anaplan can be, implementation can be difficult in house unless you have an experienced team. Often recommend starting with external implementation to lay the groundwork/mentor in-house team. I don't think Anaplan is the best reporting tool. Other business intelligence tools are better suited to serve your reporting needs. Anaplan is also not engineered well for effective dating data. It is not a great data repository and should not be treated as such.
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.
  • Cloud-based software providing seamless user mangement
  • Robust history functionality allowing users to revert or view a model at any point in its history
  • Security that can be managed at many different levels
  • Can be complex for users who want to build models without coming with experience in Multi-Dimensional modeling
  • Depending on size and use-case models can take longer to load
  • Changes to calculations and the system need to be incorporated in the early design, which can be difficult when new methodologies aren't known until the future
Anaplan functions well if you want to take a systematic approach to the planning process. Utilizing rules and logic a tool can be created that can generate a full forecast in seconds. The tool doesn't allow for to much flexibility when planning cycles need different logic. In excel you get ultimate flexibility, but at a cost of time. In order to implement logical changes someone needs to have in-depth knowledge of the tool to understand how to make a change, and the impact it will have.
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.
  • Calculating millions/billions of cells of data in real-time, much more than excel, and no need for aggregations to be run
  • Applying data locking to user inputs during a planning process, to ensure that only the right data can be edited throughout
  • Adapting to changing requirements from the client, after go live, so Anaplan can stay relevant
  • Sparsity costs workspace, and, therefore money - you are encouraged to build models dimensionally, as it gives the best user experience, however sometimes you have sparse data sets, but these zero's still use workspace
  • Reporting could be a bit better, some more conditional formatting options, and improved graphs would be great. It has improved a lot over the past 7 years I have been using Anaplan though
  • There is a strange quirk where the order of the dimensions within tables can become out of sync with the model default, which can make the model perform slower. The fix is to manually edit the dimensions, and that prompts Anaplan to put them in the correct order. Strange how Anaplan can't do this automatically when opening a model for the first time?
Best suited for handling large calculations, where Excel can no longer cope. Also, in environments where the calculations are likely to be changed regularly, Anaplan can handle that, and even significantly change the structure of data sets, without too much of a headache. It struggles with sparsity creating larger models than they should be (although at least you know performance won't reduce when the model gets more populated with data). Due to the sparsity consideration, Anaplan isn't the best tool for data that needs to be pivoted by a large number of dimensions, like in a BI tool.
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.
  • Business person can work easily without a lot of Technical (Anaplan backend) knowledge.
  • Creating reports for the Leadership
  • Smooth Integration with various systems.
  • I would definitely wish to see a better formula editor for new model building experience
  • Ability to reorder content selectors, I had a hard time trying to figure out the logic.
  • Ability to open the source module directly from the NUX when user clicks on Source Model
Based on my experience, I have seen Anaplan doing really well for integrated Planning and Budgeting. it's really a great tool for Territory and quota planning, Financial Planning and Budgeting.
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.
  • Financial Planning and Analysis
  • Supply Chain Management
  • Workforce Planning
  • Seeing where lists and modules are used on a dashboard in the new UX
  • Greater functionality with the Management Reporting
Excellent tool for FP&A, Supply Chain and Workforce Planning. It is an attractive and dynamic solution for end users and it is easy for beginners to learn how to build in Anaplan (doesn't require extensive IT knowledge). End users can model multiple scenarios/versions of plans and the system can be updated to accommodate new requirements or modified calculations with little reworking.
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.
  • Multi-dimensional calculations
  • Governance and security
  • User management
  • Management reporting
  • Using images in dashboards
  • High barrier to entry as a model builder
  • Navigating model history
Anaplan works well as a cloud platform where multiple data sources need to be integrated, calculated upon, and results viewed in near-real time across a very wide user base. The agility of the platform with respect to building models suits it well to use-cases where a minimum viable product can be delivered and then iterated upon.

Anaplan may not the most appropriate tool for robust data visualization, but can still serve as the data source behind the calculations to be delivered to another BI tool.
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.
  • Real time Scenario Modeling
  • Real time user collaboration
  • Auditing changes and data sources
  • Presenting data in a user-friendly way
  • Built-in data integration and automation
  • Front end customisation
  • A more robust model map for self-generated model schema
  • Workflow and user email notifications
Anaplan thrives on bringing together different verticals of the company (departments) that traditionally worked in silos and also bridging the gap between planning and execution (Anaplan allows faster and more detailed plans that can be kept close to the execution layer, so your plans are not out of date or disconnected from your business reality). Also, Anaplan returns the control of the plans to the business, so we do not depend on IT to gather data, run analyses, and make timely decisions.

Anaplan is a formidable planning tool with advanced data visualisation and reporting, but it is not a BI tool or a database. It is not the best tool for shiny, flashy reports nor for storing large volumes of historical data.
Score 9 out of 10
Vetted Review
Verified User
We are using Anaplan for Territory & Quota Planning , Workforce Planning , ICM and Sales Performance management use cases. Additionally platform is also used for Financial Planning and Analysis use cases.
  • Anaplan provides the flexibility to model any business use case.
  • Platform has a very intuitive UX which allows great end user adoption.
  • Configured model can very easily modified to accommodate changed business scenarios.
  • Anaplan modelling has size restrictions which sometimes makes it very difficult to create reports by intersecting multiple dimensionality.
  • Anaplan should provide better starter models for some of the most common use cases so that the implementation does not require creating everything from scratch.
  • Anaplan should provide some built in algorithms to make the platform more relevant for Supply Chain Planning use cases.
Anaplan has a very intuitive UX which allows significant end user adoption as the functionalities are very straightforward to use. The Platform provides the flexibility to model any business use case and all the functionalities can be implemented in a very agile manner. The Platform can be used to build applications related to FP&A , Sales Planning and Supply Chain planning use cases. On top of the business modelling capabilities , the tool also provides embedded AI/ML capabilities that can be leveraged for a wide variety of use cases. The Tool can be seamlessly integrated with other third party systems with a wide variety of integration options available.
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
  • One source of the truth via the data hub
  • Model to Model submissions
  • Assumption based forecasting
  • Real time results
  • Excel Add-in does the job but could be improved
  • UX pages standardised filtering
  • Formula assistance ie finishing off formulas to achieve the correct result like excel
Forecasting tool, it allows for rolling forecasts to be completed in a streamlined way where you can just increase/decrease your assumptions and see the real time impact of what the changes can look like for the business.

Mobile app is another great feature for senior management as they can view results and a high level and have the ability to drill down into the detail if need be
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.
  • User Friendly and Intuitive UX
  • Quick Implementation turnaround
  • Multi-Dimension model
  • Data Integration Capabilities
  • Sparsity
  • Standardized ALM approach for New UX screens
  • Model performance when multiple users work on data (import/export) simultaneously
Anaplan is suited for planning and forecasting, it should be leveraged for its connected planning feature. It shouldn't be used as an accounting tool or database where huge volumes of data intersections is stored (especially historical).
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.
  • In-memory Calculations
  • Easy to Implement
  • Handles linkages dynamically
  • Finding out todays date is not available
  • Metrics invers is not available
  • Sometimes Performance issues when huge calculations involved
Anaplan is well suited for any kind of planning and Analysis uses cases.

Anaplan is well equipped for any usecases involving transactional data directly and some advanced analytics is not possible as of now and may available in future.
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.
  • Planning
  • Forecasting
  • Integrate different areas
  • Fully customised applications
  • Data pivoting
  • User interface
  • Planning interface
  • Reporting
Quick development of fully customised apps for planning and forecasting, including scenario planning. Naturally built so that it supports fully integrated solutions across different solutions and business areas, all in the cloud.
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.
  • Sales Planning
  • Strong Customer focus
  • Product functionality and Integration
  • WorkFlow process
  • Integration
If a business use Microsoft Excel sheets for multiple geographies/products/users, then Anaplan is the best tool to use with. It gives real-time results and can improve decision-making. Anaplan can be recommended for the entire organization as it supports different use-cases like Sales, Supply Chain, Finance, Marketing, HR, etc. If the company is having huge data, then Anaplan is not recommended as the Workspace size is restricted to 130GB.
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