7 Years with Anaplan
September 06, 2018

7 Years with Anaplan

Andrew Paston | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Anaplan

We use Anaplan for financial reporting, planning and customer reporting.

Anaplan allows us to spend time on value added instead of spending time consolidating planning results in Excel. We can look at reviewing key trends. Forecasts are broken down into smaller tasks and distributed to the business resulting in less pressure on the FP&A team during forecast/budget rounds.

The reporting timeline is shorter as dashboards can be used for users to login and see their areas results which means we dont have to send out manual reports.

Anaplan allows very complex business modelling but without any of the complex language used in other tools and can be run by the users themselves. Results are recalculated on the fly with no wait time to run the recalc process.

Pros

  • Forecast consolidation and recalcuation
  • Dashboards for entry and review
  • Ease of modelling. Its like Excel but simpler to use.

Cons

  • Some of the charting is limited
  • Some formatting options could be better
  • Excel Add-in has only just been revamped
Anaplan user case was easy to pull together on our own without consultants. The other tools were more complex to understand and set up.
Cost-wise it stacked up nicely against other tools as well.
Complex business or business with multi dimensional products or services, geographic locations or channels

Anaplan Feature Ratings

Long-term financial planning
8
Financial budgeting
9
Forecasting
9
Scenario modeling
8
Management reporting
9
Financial data consolidation
9
Journal entries and reports
Not Rated
Local and consolidated reporting
8
Detailed Audit Trails
Not Rated
Financial Statement Reporting
Not Rated
Management Reporting
9
Excel-based Reporting
Not Rated
Personalized dashboards
8
Color-coded scorecards
6
Cost and profitability analysis
7
Key Performance Indicator setting
9
Flat file integration
9
Excel data integration
8
Direct links to 3rd-party data sources
8

Comments

More Reviews of Anaplan