Perfect tool for in-depth scenario modelling
September 28, 2022

Perfect tool for in-depth scenario modelling

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

Overall Satisfaction with Anaplan

I help companies set up Anaplan for a variety of use cases, including Financial Planning and Analysis, Supply Chain Management, Workforce Planning, and Group Consolidation. The companies operate across a range of sectors: Property and Construction, Education, Banking, Insurance, and Retail. Anaplan is an incredibly versatile tool. With relatively simple steps companies can bring in data from other systems; end users can then provide further inputs and assumptions; calculations are set up to create financial statements or plans; and finally dashboards present these in a user friendly way. Anaplan is the perfect tool for multiple users to interact and contribute to a forecast or plan - the system can easily handle several hundred users working concurrently.
  • Financial Planning and Analysis
  • Supply Chain Management
  • Workforce Planning
  • Seeing where lists and modules are used on a dashboard in the new UX
  • Greater functionality with the Management Reporting
  • Versions / scenario modelling
  • How Anaplan integrates with other systems to create a fully connected planning solution
  • Easy to set up workflow processes so end users can interact within the system
  • Easy to create visually appealing and informative dashboards
  • Speeds up planning processes
  • Very good ROI
Excel becomes incredibly slow when there is a lot of data and end users can't interact easily through spreadsheets. While it is good for quick calculations, it is not ideal for creating complex plans with lots of inputs and assumptions. I have never seen an Excel spreadsheet that contains multiple scenarios for regular (e.g. rolling monthly) forecasts. Anaplan can do this easily.

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

Excellent tool for FP&A, Supply Chain and Workforce Planning. It is an attractive and dynamic solution for end users and it is easy for beginners to learn how to build in Anaplan (doesn't require extensive IT knowledge). End users can model multiple scenarios/versions of plans and the system can be updated to accommodate new requirements or modified calculations with little reworking.

Anaplan Feature Ratings

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