Anaplan as fast calculation engine
November 19, 2021

Anaplan as fast calculation engine

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Anaplan

Used by the Corporate department for various use cases. Use cases range from revenue recognition to resource management. The primary use case is revenue recognition. Anaplan does calculate revenue by month and LTD across many projects across its entire life. It does also help with creating reporting and dashboarding to support the analysis.
  • Fast Calculation
  • In Memory Calculation
  • Multi Dimensionality
  • System in synchronous. Not Async.
  • Read/write sometime can be slow for no apparent reason
  • UI is getting better but should be best
  • Audit functionality
  • User management
  • Open platform for building
  • Idea-to-Build iteration is much faster than other tools
  • Low maintenance if configured properly
  • Easy user management

Do you think Anaplan delivers good value for the price?

Yes

Are you happy with Anaplan's feature set?

Yes

Did Anaplan live up to sales and marketing promises?

Yes

Did implementation of Anaplan go as expected?

No

Would you buy Anaplan again?

Yes

Anaplan is good as a calculation engine if you have already prototyped a solution. You take that prototype and move to Anaplan to make a custom solution. It's great for anything that requires in-memory calculation. Unfortunately, Anaplan is not a transactional system due to its synchronous nature of updates. API still follows synchronous updates so it's not good if you want to do parallel read/write.

Anaplan Feature Ratings

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