Anaplan Leading Business Planning Initiatives
Updated July 13, 2023

Anaplan Leading Business Planning Initiatives

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Anaplan

Anaplan is a highly versatile platform with the ability to seamlessly build for varied use cases, it also provides the data integrity and helps to maintain golden source of truth for large organizations. Drastically bringing down manual effort involved in business planning process and quick implementation cycle is its biggest win, which makes it the favorite choice for customer nowadays.
  • Business Planning
  • Single Source of Truth
  • Intuitive Data Reporting
  • Integration with legacy systems is complex and resource intensive
  • Highly complex models require performance and workspace efficient approach
  • ALM sync process involves movement of all changes together and doesn't support individual change release
  • Headcount Tracking
  • Sales Performance Management
  • Financial Planning
  • Immensely efficient in Business Planning
  • Data Reporting
  • User Feedback encourages more effort to re-structure models to better suit business needs
Anaplan is more efficient to implement in terms of the waterfall approach of delivering the MVP in the first release and then accordingly working towards the appropriate user feedback/suggestions/enhancements in corresponding sprint planning phases. Hyperion is a pretty large suite setup that requires much expertise to be able to bring together the complete implementation and involves big bang release methodology along with further system enhancement approach as per business requirements.

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?

I wasn't involved with the selection/purchase process

Did implementation of Anaplan go as expected?

Yes

Would you buy Anaplan again?

Yes

Financial Planning, Sales Performance Management, Supply Chain Management, Headcount Planning

Anaplan Feature Ratings

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

Using Anaplan

FPA, Sales Operation, Talent Acquisition, Tax Planning, Productivity, Workforce Planning
7 - Anaplan Model Builder, Anaplan Solution Architect, Project/Product Manager, Executive Sponsor
  • Financial Planning
  • Sales Operation
  • Talent Acquisition
  • Integration with Workday
  • Integration with Databricks
  • Integration with Tableau
  • Financial Statement
  • Capex Planning
Anaplan is adding to the productivity of the Organization.

Evaluating Anaplan and Competitors

  • Scalability
  • Integration with Other Systems
  • Ease of Use
Single source of truth and feasibility of use for new users benefiting them in improving the productivity of the organization.
Vet the solution and approach with business to understand their pain areas more, whether the solution is able to resolve the problem statement and make life better for business. With more understanding of platform what are the other enhancements/suggestions business processes and how they can be incorporated to the solution seamlessly.

Anaplan Implementation

Many requirements were changed post more understanding of the tool by business, which paved way for further enhancing the use case for better productivity of business needs.
  • Third-party professional services
Consultants were hired to gather requirements, understand the problem statement and propose optimized solution.
Yes - It was divided into various use cases being delivered in a phased manner.
Change management was a small part of the implementation and was well-handled - Documenting changes is very necessary to avoid adhoc requirement changes and being able to deliver timely and quality solution.
  • Data Integration
  • Changing Business Requirements
  • Business buy-in/adaptability of new platform

Anaplan Support

They have slow response rate along with incomplete L1 resolution. Many a times issue needs to be escalated many times to be able to address the root cause and provide appropriate fix.
ProsCons
None
Poor followup
Problems left unsolved
Escalation required
Need to explain problems multiple times
Slow Initial Response
No, not required yet based on the quantity of active users and low frequency of critical support issues faced.
Yes - It took time and many escalation to get to the root and actual fix of the problem.
Never, their L1 support is unbearable its only the escalated L2, L3 support that is informative and knowledgeable to provide complete and satisfactory resolution.

Using Anaplan

Its user friendly and capability of solving complex problems in most efficient and easy manner is its most beneficial quality.
ProsCons
Like to use
Easy to use
Well integrated
Quick to learn
Feel confident using
None
  • Business Planning
  • Variance Analysis
  • What if Scenario Analysis
  • Application Lifecycle Management
  • Mutiple large dimension combination
  • Refreshing very large dataset