Anaplanning Your Way Forward
November 04, 2016

Anaplanning Your Way Forward

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with Anaplan

We use Anaplan primarily as a forecasting and the panning tool for financial statements.
  • Anaplan allows you to build out your model easily by applying a dimension. If you would like to view your model with more regions or cost centers, the software allows you to quickly do so.
  • Uploading data into Anaplan is quick and effective using the Import feature. Similarly, it is just as easy to pull data out of the system using Export to conduct further analysis.
  • Dashboards allow you to review multiply inputs and outputs in the model all at once to simplify ease of updating key inputs and reviewing the corresponding outputs.
  • Because of the reliance on dikensionality, you may be challenged to implement formulas as easily as you do in Excel. You will need to learn and understand these limitations to calculate the results as you expect outside of the system.
  • While dashboards are effective tools to deliver the main point of the model, the aesthetics provided are limited to basic charts relative to advanced aesthetics provided by tools such as Tableau.
  • When you apply or remove dimensions such as cost centers or regions to your model, you may lose the data you originally had because Anaplan is attempting to interpret how the data related to the dimensions.
I did not purchase Anaplan but have used Adaptive Insights in the past. In comparison, Anaplan is more powerful because of the formulas available.
Financial forecasting, headcount planning, sales capacity planning, and operations planning would be good scenarios to use Anaplan. I am not personally aware of scenarios that are less appropriate for Anaplan implementations.

Anaplan Feature Ratings

Long-term financial planning
Financial budgeting
Scenario modeling
Management reporting
Financial data consolidation
Multi-currency management
Personalized dashboards
Flat file integration
Direct links to 3rd-party data sources