First-Time User's Pros and Cons
May 25, 2017
First-Time User's Pros and Cons
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Anaplan
Anaplan is used primarily within finance and strategy for financial planning and analytical purposes. It provides the team with the capability to merge and work with operational data sourced from multiple systems into one world. Thus, not only are we able to dissect data with greater dexterity, we are able to utilize multi-disciplinary data in conjunction with Anaplan's forecasting models to plan with greater precision.
- Personnel Forecasting models allow more in-depth & precise forecasting.
- Flexibility allows the creation and use of custom, better focused analytical and planning models.
- The tool is geared towards mass usability within an organization, thus can be used collaboratively between finance and business partners.
- Size and pricing limitations inhibit full potential of the tool.
- Empty cells/cells with 0 value are counted and take up space in models.
- Models often require sophistication that can be a challenge to implement.
- Smartview and Essbase
In my previous life, I used Smartview and Essbase. I found this ERP system to be useful as it allowed the financial system to connect to any blank Excel spreadsheet and build custom reports as well as pull data in a direct, consolidated and clean fashion within seconds. Having this capability with Anaplan would increase value ten-fold for not just finance-based users, but all users.