Great platform when used correctly!
December 20, 2021

Great platform when used correctly!

Nick Bermudez | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Anaplan

I am an Anaplan Consultant who implements Anaplan for enterprise-level customers. Over the last five years of implementing Anaplan, I have delivered several use cases, which include Territory and Sales Planning, Demand Planning, Capacity Planning, and Financial Planning and Analysis. One of the biggest benefits I have seen our customers realize during my time as an Anaplan implementor has been the standardization of processes across functions while going through the implementation process. Typically, most of our customers were using several Excel spreadsheets prior to using Anaplan, which resulted in multiple methodologies when generating a forecast. During the implementation process, we were able to create one planning process that was usable across functions and regions.

Pros

  • Real-time calculations within the model
  • Collaborative space for users to enter data, create a forecast
  • Easy to learn coding language

Cons

  • Elective ALM process
  • Dashboarding capabilities
  • Create a non-sparsity when no data is actively consuming a cell within a module
  • Centralized place for users to create the forecast
  • Integration capabilities
  • User security provisioning
  • Business has much more time to make decisions rather than create the forecast
  • Fast adoption time
Anaplan is a very flexible tool in comparison to most EPM tools. Because it is all custom made and there is no true "Out of the Box" solution, businesses are able to tailor the Anaplan model to meet their specific business needs. If you can create it in Excel, it can be done in Anaplan.

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?

Yes

Would you buy Anaplan again?

Yes

Anaplan is best suited when users try to use it for its calculation engine. It does really well at loading in large volumes of data and being able to calculate the data quickly and return a number for business leaders to make decisions or forecast adjustments. Anaplan, although it has some capability, is not best used as a reporting tool. I see many customers trying to use Anaplan [to] replace [...] data visualization tools to support forecasting processes and Anaplan is not the best tool in the marketplace when it comes to advanced reporting capabilities.

Anaplan Feature Ratings

Long-term financial planning
8
Financial budgeting
8
Forecasting
8
Scenario modeling
9
Management reporting
6
Financial data consolidation
7
Local and consolidated reporting
7
Detailed Audit Trails
8
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
8
Personalized dashboards
9
Color-coded scorecards
9
Key Performance Indicator setting
9
Flat file integration
10
Excel data integration
9
Direct links to 3rd-party data sources
9
Customizable dashboards
8
Publish to PDF
8
Report Versioning
8
Role-Based Security Model
8
Responsive Design for Web Access
8
Mobile Application
2
Dashboard / Report / Visualization Interactivity on Mobile
2

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