Anaplan is a great replacement for Excel across many use cases
November 08, 2022

Anaplan is a great replacement for Excel across many use cases

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

Overall Satisfaction with Anaplan

I currently implement Anaplan across a wide range of use cases for various finance industry customers. Some of our customers are in insurance, private equity, real estate development and investment banking, and have all found Anaplan to be incredibly useful. Anaplan has been a great asset for converting these companies' dated and clunky Excel models into a single source of calculations and end user displays. End users are always incredibly satisfied with the ease of use Anaplan brings to their day to day lives over their prior processes.
  • Efficient calculation engine
  • Ease of use / ease of customer adoption
  • Attractive end user displays
  • Many requests for new enhancements by the community have been ignored over the years
  • End user displays are fairly static and can lack some simple customization
  • Scalability
  • Data Retention
  • Ease of use
  • Easy to show similarities to Excel to customers
  • Ease of adoption for new users
  • Long term benefits of adopting Anaplan over time

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 very well suited for converting Excel based models built on very structured logic. If there is a lot of variability of outcome in the user's data or if there are a lot of one-off scenarios, Anaplan may not be the best fit. Anaplan runs on if, then , else statements so if your processes cannot be run in this format, or require a lot of one off exceptions, then it may not be the best product for you. Otherwise, it is fantastic to use with great end user adoption due to its ease of use.

Anaplan Feature Ratings

Long-term financial planning
8
Financial budgeting
10
Forecasting
8
Scenario modeling
4
Management reporting
6
Financial data consolidation
9
Journal entries and reports
7
Local and consolidated reporting
8
Financial Statement Reporting
7
Management Reporting
7
Excel-based Reporting
10
Personalized dashboards
8
Color-coded scorecards
8
Cost and profitability analysis
8
Key Performance Indicator setting
9
Flat file integration
10
Excel data integration
9
Direct links to 3rd-party data sources
8
Customizable dashboards
7
Publish to PDF
10
Report Versioning
9
Role-Based Security Model
10
Responsive Design for Web Access
10
Mobile Application
7
Dashboard / Report / Visualization Interactivity on Mobile
7