Collaborative planning on Anaplan
February 03, 2021

Collaborative planning on Anaplan

Rama Narravula | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Anaplan

Anaplan is being used by the FP&A and Demand Planning teams for budgeting, forecasting, modeling and reporting. Having a primary data source that can be iterated upon several times by a different stakeholders for various business scenarios helps speedup the planning process. Anaplan provides the collaborative, flexible and secure workspace to update the financial business plans quickly to accommodate our rapidly changing environment, while addressing the data integrity issues. We replaced all Hyperion planning process and many homegrown & Excel based planning and modelling applications with Anaplan
  • Multiple business users from world wide working on similar tasks simultaneously & collaboratively. No need for shared spreadsheets
  • Collaboration & Connected Planning capabilities keep the models in sync
  • Rapid development, deployment & enhancement capabilities attracts quick business adoption across the company
  • Lack of native scheduling capabilities creates a dependence on / need for third party system, even for automatic data sync between Anaplan Models. Limited native integration capabilities also creates another need for a third party integration system
  • Data Extraction & Reporting - Limited capabilities in Data Extraction & lack of Data Formatting and lack of Template Based Reporting frustrates business users
  • Streamlined Finance processes
  • Accuracy in forecasting
  • Quick Turnaround
Informed decision making and consensus among the organization as we trust in the numbers.
Role based security & approval process enabled easier implementation of phased forecasting, planning and data consolidation processes, creating collaborative environment within Anaplan platform. Eliminated the need for lot of excel based document sharing for planning
Anaplan is great for collaborative planning and complex business models that require frequent updates and quick feedback. Ease of use, ease of development, deployment & maintenance accelerates business adoption

It's not a great reporting or analytics tool. Limited model sizes limit the capability to capture large data sets and need for Data Warehouse for plan over plan & historic analysis and reporting

Anaplan Feature Ratings

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