Overall Satisfaction with Anaplan
We currently use Anaplan for FP&A - essentially having modeled out entire business on the platform. We use it in most all planning and forecasting discussions. Because of its flexibility, ease of use and ability to scenario test, it allows us to quickly and accurately make decisions that have a financial impact that would otherwise take days or weeks to make.
We are currently in the process of rolling out Anaplan for sales forecasting to increase accuracy and accountability in our sales forecasts.
Lastly, we are in the early stages of planning to use Anaplan for our business intelligence reporting capabilities. It will be used as our one source of truth for business metrics and results - something we desperately need and that Anaplan will work perfectly for.
We are currently in the process of rolling out Anaplan for sales forecasting to increase accuracy and accountability in our sales forecasts.
Lastly, we are in the early stages of planning to use Anaplan for our business intelligence reporting capabilities. It will be used as our one source of truth for business metrics and results - something we desperately need and that Anaplan will work perfectly for.
- Modeling is next level in Anaplan. With a background deep in Excel modeling and the frustrations that come along with it, Anaplan is a breath of fresh air and is actually fun to build and model in.
- Dashboarding and synchronization. The synchronization feature in Anaplan is one of the greatest things ever. As its core Anaplan models are built around hierarchical lists and dimensions and using similar dimensions in dashboards allows you to synchronize to different views of the same data with simple clicks around a dashboard. It makes reporting and BI extremely user friendly and flexible.
- Its fast. If you had the same exact model in Excel and Anaplan. That model in Excel would be like riding and old bike with under-inflated tires, while Anaplan would be like driving a Tesla in Ludicrous mode. The ability to have your entire business modeled on a single platform, potentially across multiple models, where when you make a change the entire model updates within seconds, is invaluable in making decisions.
- Error handling can be annoying. A single formula error can lock up your model for 2-5 minutes while it reverts back to before you pressed enter, and while its improved a little in the year I've been using Anaplan, there are certain situations where I feel like it could be eliminated or made more efficient.
- Time subsets would be really nice.
In my opinion, Anaplan is on a completely different level than any other CPM system. In looking at other systems, the ability to model doesn't even come close to what Anaplan can do. Reporting and BI is made better through synchronization. There is just really no comparison. If you want to have your planning really connected to your actual business, then Anaplan is the only way to go.
Anaplan Feature Ratings
Using Anaplan
Pros | Cons |
---|---|
Like to use Relatively simple Easy to use Technical support not required Well integrated Consistent Convenient Feel confident using | Slow to learn Lots to learn |
- Dashboarding is easy to learn and use.
- Construction of individual modules is relatively straight forward
- User interface is familiar and easy to navigate
- Here is the deal with Anaplan...you have to want to learn it. If you are just going to have someone else build your model and not take the time to learn the system, you're probably not going to get the most out of it and may find it difficult to use. Anaplan requires a certain level of creativity in modeling - once you understand that and understand how to work within the dimensions you establish, Anaplan is a breeze to use.
- Error handling is annoying and takes too long.
- In Anaplan, you are often the creator of your own ails. Because there is nearly infinite flexibility, you can make models nearly infinitely complicated. This requires a lot of forethought before you start building.
Yes, but I don't use it