Anaplan review from the POV of an FP&A Analyst
April 27, 2017
Anaplan review from the POV of an FP&A Analyst
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Anaplan
Currently Anaplan is used to forecast a full P&L from revenue forecasting down to OPEX, CAPEX, and headcount. Every department has access to Anaplan as it contains their budget and OPEX forecasts. We were able to shrink our monthly variances materially through the use of Anaplan during our monthly variance review meetings with budget owners.
- Easy to use interface that is similar to the functionality of Excel.
- Full customization of the platform to provide the functionality that your business requires.
- I'd like to see some additional lines of information provided for archived models which will allow more detail and descriptions to be added to models.
- I think there are a lot of issues regarding work space. I believe that the functionality of Anaplan is amazing and allows you to customize how you see the data in any way that you design, but there are direct implications as to how each additional dimension affects model size. These restrictions, in tandem with a restricted budget, enable a roadblock for the functionality that we desire.
Anaplan has its limits with respect to workspace and catering to those with a larger budget for forecasting tools.