Anaplan Financial Analysis
May 16, 2017

Anaplan Financial Analysis

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

Overall Satisfaction with Anaplan

Anaplan is being used as a FP&A expense side planning tool. It is used for the whole organization. It is also used for headcount reporting, and vendor tracking. The recruiting department uses Anaplan more heavily than other departments, as it is where we manage several aspects of the hiring process.
  • Real time updates
  • Easy access from anywhere
  • Good customer support. Anaplan contacts always do their best to be helpful when issues arise.
  • Good value for money, particularly compared with systems like Hyperion.
  • Easy implementation, again particularly compared with systems like Hyperion.
  • Glitchy. "History" will sometimes disappear, system will unexpectedly slow down.
  • Too much downtime for updates. These should be done in middle of the night, Anaplan is used most by finance people, who often work weekends.
  • Reporting not nice looking, requires additional work outside of the system.
I've used other products in the past, but I came into this company knowing I would be using Anaplan specifically. Thus far I am still fine with that decision.
Anaplan is well suited to small-medium companies who need a financial, headcount, operations, or other planning tool. If someone is in a large organization with a significant budget, it might make more sense for them to go with a BPC/Hyperion/etc., tool instead of a cloud-based tool requiring constant updates and customization.

Anaplan Feature Ratings

Long-term financial planning
8
Financial budgeting
8
Forecasting
8
Scenario modeling
6
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
7
Management Reporting
8
Excel-based Reporting
8
Personalized dashboards
6
Color-coded scorecards
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Flat file integration
Not Rated
Excel data integration
8
Direct links to 3rd-party data sources
Not Rated