Fast planning and budgeting in a seamless cloud environment
October 07, 2022

Fast planning and budgeting in a seamless cloud environment

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

Overall Satisfaction with Anaplan

I implement Anaplan at customers and advise them how to best utilize the platform. It truly brings power to the users and replaces a world where excel spreadsheets simply cannot compete. The history and version management ensure that data integrity is maintained throughout the budgeting cycle. It can be configured to fit virtually any use-case and can be completely managed via the UX dashboard; meaning users do not need to learn a completely new system to utilize Anaplan.
  • Cloud-based software providing seamless user mangement
  • Robust history functionality allowing users to revert or view a model at any point in its history
  • Security that can be managed at many different levels
  • Can be complex for users who want to build models without coming with experience in Multi-Dimensional modeling
  • Depending on size and use-case models can take longer to load
  • Changes to calculations and the system need to be incorporated in the early design, which can be difficult when new methodologies aren't known until the future
  • Scenario Analysis
  • Model History
  • Speed of Calculations
  • The time to complete a budgeting cycle is drastically reduced
  • Different users can see changes in real-time and provide commentary
Anaplan provided more flexibility with the dashboarding and user interface. We also felt that with time we could learn how to manage the application ourselves and maintain the model/changes in the future. Anaplan has many training modules to enable the business to take-over their own model and maintain it for the future. We felt that was important so we were not reliant on consultants for every little change we have to make to our process.

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 functions well if you want to take a systematic approach to the planning process. Utilizing rules and logic a tool can be created that can generate a full forecast in seconds. The tool doesn't allow for to much flexibility when planning cycles need different logic. In excel you get ultimate flexibility, but at a cost of time. In order to implement logical changes someone needs to have in-depth knowledge of the tool to understand how to make a change, and the impact it will have.

Anaplan Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
10
Scenario modeling
7
Management reporting
7
Financial data consolidation
7
Journal entries and reports
6
Local and consolidated reporting
9
Detailed Audit Trails
10
Financial Statement Reporting
8
Management Reporting
9
Excel-based Reporting
7
Personalized dashboards
10
Color-coded scorecards
9
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
6
Customizable dashboards
10
Publish to PDF
8
Report Versioning
9
Role-Based Security Model
10
Responsive Design for Web Access
9
Mobile Application
7
Dashboard / Report / Visualization Interactivity on Mobile
8