3 big strengths of Anaplan and their benefits to our sales budgeting process
May 09, 2017

3 big strengths of Anaplan and their benefits to our sales budgeting process

Jeffrey Perkes | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Anaplan

Anaplan is used by our organization to support the sales budgeting process. Anaplan's strengths fit our model perfectly and make the sales budgeting process easier and more efficient across the organization. These strengths are the use of hierarchies, multidimensionality, and being web-based. Instead of sending out dozens of Excel sheets to our budgeters, and then compiling them when they are done, all changes and compilations are done in real time. Also, instead of having 20 tabs in a sheet to account for a 3rd dimension, Anaplan uses multi-dimension dropdowns to keep a clean, efficient model
  • Hierarchies - when a change is made to a bottom level, it filters upwards from sales rep, to district, to region, etc.
  • Multi-dimensions - keeps models clean and efficient
  • Web-based - changes and compilations are done in real time
  • Graphical user interface - the graph settings do not have as many settings as others
  • Formulas - the formulas can have an intelligence to catch any human errors and I wish the formulas were more closely related to Excel, since that's what we know
  • Data integration - our models require all data to be input into the model. For some things, we would like to see Anaplan have the ability to query data, so as not to bring in the data if not needed
In my opinion, Anaplan is suited for those companies that have a hierarchy structure in their organization, use models with third dimensions where the reports and dashboards can become clunky, and/or have multiple contributing parties to models.

Anaplan Feature Ratings

Long-term financial planning
10
Financial budgeting
9
Forecasting
10
Scenario modeling
9
Management reporting
7
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
5
Management Reporting
Not Rated
Excel-based Reporting
9
Personalized dashboards
10
Color-coded scorecards
5
Cost and profitability analysis
9
Key Performance Indicator setting
9
Flat file integration
10
Excel data integration
Not Rated
Direct links to 3rd-party data sources
Not Rated