Powerful Collaborative Planning Tool and Calculation Engine
December 30, 2021

Powerful Collaborative Planning Tool and Calculation Engine

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

Overall Satisfaction with Anaplan

As an implementation partner I have designed and implemented Anaplan models for clients issues around Integrated ​Financial Planning, Financial Planning & Consolidation, Operation Planning & Budgeting, Incentive Compensation Management, Territory Quota Planning, Account Planning, What-If Scenarios for Quota and Pricing, Workforce planning, Order-to-cash Planning, Demand Planning, Warehouse Management. These solutions have added benefits like Reduction in Planning time, Increase in Accuracy, Reduction in Audit time, Better Visibility into performance, Increase in Productivity of Staff/Managers, and Reduction in manual efforts
  • Connected planning: All business processes and departments can plan on the same solution to enable a single source and version of the truth
  • Easily auditable syntaxes make it easy for all users to review formulas and to drill down an output/value
  • It is flexible enough to meet most use cases; Ease of use for end-users & model builders
  • The minimum member in Time Dimension is Day. So Data in Anaplan can not be captured/stored at the Date timestamp level unless we use a custom dimension using the timestamp.
  • Reporting is also not a strong suit for Anaplan. Creating reports often presents challenges unless users are admins
  • Workflow: The current workflow setup is basic
  • Dynamic Planning
  • Intelligent Decision-Making
  • Adapts Quickly
  • Easy Implementation using Agile
  • Consistent definitions of data unify siloed business lines and
  • improve understanding
  • Anaplan enables swift and effective process changes that result in
  • companywide advantages
  • Forecasting gains accuracy with a single source of data and better
  • visibility
I have worked with Cognos planning and TM1 implementations in my previous roles, and Anaplan is by far the easiest and fastest to implement. Code Deployment is easy, which is not the case with more complicated and less-sophisticated platforms. Infrastructure setup is easy since Anaplan is a cloud-based tool with having Powerful Collaborative Planning feature and Calculation Engine

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 a quick and easy implementation tool compared to other EPM tools for many business scenarios. It delivers rapid time to value. It is designed to solve challenges with clarity and collaborative power, and the platform makes it possible for companies to succeed at any scale of complexity. Anaplan is an ideal solution for quickly developing what-if scenario analysis to reduce uncertainty and promote smarter forecasting.

Anaplan Feature Ratings

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