Robust, flexible, and trustworthy calculation engine
September 29, 2020

Robust, flexible, and trustworthy calculation engine

Belinda Ha | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Anaplan

My clients use Anaplan across many different industries (retail, architecture, tech, PE, real estate) for a wide breadth of use cases. Anaplan is flexible and robust as a calculation engine which I've personally implemented for FP&A reporting, revenue forecasting, recruiting, WFP and comp planning, as well as distribution waterfalls.
  • Robust and reliable calculations
  • Hierarchy changes are immediately reflected throughout model (calculations, reports, etc).
  • Single source of truth
  • Easy for Excel users to pick up modeling and formula syntax
  • Data visualization
  • No formula syntax helper built in
  • Reliable calculations, reduces room for human error
  • Handles data transformation systematically, frees up team for real analysis and moves them away from data processing
I've previously used Hyperion in the past and it's not nearly as robust or flexible as a calculation engine. Anplan allows for a lot more flexibility than previous softwares. It's a great middle ground between having a super rigid system and the ultra flexibility (but at times, lawlessness, of Excel).
Anaplan is great in many different use cases. The jumping off point for a lot of companies tends to by financial reporting, forecasting, and budgeting. However, Anaplan's benefits are quickly understood by organizations and I've seen it implemented as ab HR management/recruiting models as well as distribution waterfall.

Anaplan Feature Ratings

Long-term financial planning
8
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
6
Financial data consolidation
10
Journal entries and reports
6
Local and consolidated reporting
10
Detailed Audit Trails
5
Financial Statement Reporting
10
Management Reporting
6
Excel-based Reporting
10
Personalized dashboards
10
Color-coded scorecards
7
Cost and profitability analysis
9
Key Performance Indicator setting
9
Flat file integration
10
Excel data integration
9
Direct links to 3rd-party data sources
9
Customizable dashboards
Not Rated
Publish to PDF
7
Report Versioning
9
Role-Based Security Model
10
Responsive Design for Web Access
8
Mobile Application
4
Dashboard / Report / Visualization Interactivity on Mobile
7