Seagate Anaplan Review
Updated July 10, 2017

Seagate Anaplan Review

Christopher Pope | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Anaplan

The corp FP&A team is using it for financial budgets. The revenue planning team is using it for revenue planning. One of our units is using it for demand planning. The customer service org is using it for returns modeling. It's primarily a finance footprint but that footprint is growing outside finance.
  • Hyperbloc architecture -- the ability to see changes to models instantly cascade through all the models.
  • Function agnostic platform - the ability to adapt the platform to many different use cases and integrate those use cases into a connected planning environment.
  • Cloud architecture. Security and product enhancements come automatically.
  • The actions could be improved - make it obvious what the sources and targets of the are so we don't have to guess or put them in the action names. Also get a native scheduler! That's so simple and it's very frustrating and expensive to have to build/buy our own.
  • Reporting and UI still have a long way to go. Simple things like being able to alphabetize/order what you see on the screen, or add a rich color pallet to choose from.
  • User access management could improve. We need to have model level admins that don't have access to everything in the workspace. Also the tenant admin space doesn't work effectively. I can't remove a user from all models simultaneously. I also can't see all models a user has access to from the tenant admin space.
Anaplan requires less IT support and its calculation engine is far more powerful. Anaplan is also less expensive when total cost of ownership is considered. We also liked that you're able to use Anaplan for a variety of business planning functions rather than having a bespoke tool for budgets or commissions or demand planning etc.
It's great for complex models that require frequent updates and instant feedback. That describes most planning situations I know of. It's great for organizations that want to change plans and models independent of IT support or programming. It's not a great reporting or analytics tool. Ad-hoc analysis is a non-starter in the platform--you have to be a model builder and the process of generating a report is very cumbersome compared with something like Tableau.

Anaplan Feature Ratings

Long-term financial planning
8
Financial budgeting
8
Forecasting
8
Scenario modeling
5
Management reporting
8
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
Not Rated
Management Reporting
Not Rated
Excel-based Reporting
3
Personalized dashboards
2
Color-coded scorecards
3
Cost and profitability analysis
2
Key Performance Indicator setting
Not Rated
Flat file integration
4
Excel data integration
3
Direct links to 3rd-party data sources
3

Anaplan Implementation

Implementation using Anaplan's internal customer success team left much to be desired. We've found much better success with outside consultants.