Anaplan is excel on steroids,business application orchestrating different functions across the organization
Updated October 23, 2023

Anaplan is excel on steroids,business application orchestrating different functions across the organization

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

Overall Satisfaction with Anaplan

Anaplan is solving complex business problems. We are using Anaplan to forecast the revenue & the costs. It gives the capability to perform scenario planning/sensitivity analysis with the critical business drivers that could have a significant impact on the business in uncertain times. It gives management powerful insights for making the right decisions at the right time. This is one platform that orchestrates all the functions in the organization. Anaplan tool is very helpful in Scenario Planning & assessing the the impact of unforeseen business/market situation on business performance. It's management reporting capabilities have the lives of the planner easier. Now they don't have to make cumbersome Powerpoint presentations every month to their management. Instead they can get their entire set of Powerpoint slides automated with Anaplan will real time updates on the performance & commentaries.
  • Simulation of critical business drivers & impact on the bottom line
  • Allows users to slice & dice across different business scenarios
  • Provides real time insights for decision making
  • Automation of monthly presentations for Management Reporting
  • Workflow automation
  • Provides flexibility for complex Supply Chain Business processes
  • Workspace capacity limitations
  • Integration with source systems
  • Integration with communication channels like Microsoft Teams
  • Automatic triggers for alerts from the system
  • Simulation capability
  • Slice Dice
  • Drill Down
  • Collaboration features
  • Connected planning across different functions
  • Management reporting
  • Workflow Automation
  • Anaplan has helped to forecast with better accuracy that has helped business with the close to accurate projections & impactful business decisions
  • Anaplan helps to be forward looking by assessing the impact of the evolving business scenarios
  • Automation of end to end planning & budgeting processes
Flexibility & connected planning across all the functions of the organization

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 less appropriate where the volume of transactional data is very high & there is a looping logic scenario involved. It impacts the performance of the application. While there are no other scenarios that cannot be achieved with Anaplan. That's the best part of Anaplan. If there is a need to store transactional data Anaplan may not be the right tool.

Anaplan Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial data consolidation
10
Journal entries and reports
10
Local and consolidated reporting
10
Detailed Audit Trails
10
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
5
Personalized dashboards
10
Color-coded scorecards
8
Cost and profitability analysis
10
Key Performance Indicator setting
8
Flat file integration
10
Excel data integration
6
Direct links to 3rd-party data sources
10
Customizable dashboards
5
Publish to PDF
7
Report Versioning
10
Role-Based Security Model
10
Report-Level Access Control
7
Responsive Design for Web Access
8
Mobile Application
8
Dashboard / Report / Visualization Interactivity on Mobile
8

Using Anaplan

Finance, Sales
Logical mind, Expertise in using excel, know how of excel formulas & functions
  • Scenario Planning
  • Sales Performance Management
  • Sensitivity Analysis
It is the most flexible platform

Evaluating Anaplan and Competitors

  • Scalability
  • Integration with Other Systems
  • Ease of Use
Ease of use & Integration with other systems