Anaplan is an Integrated Business Planning leader
December 05, 2023

Anaplan is an Integrated Business Planning leader

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

Overall Satisfaction with Anaplan

Anaplan was implemented in order to support the financial planning and P&L forecasting within the organization. The problem we were facing was the chaotic process and an Excel based tool that wasn't performing enough. There were issues with versions control, collaboration and security. Tool was not sufficient to pick up with the pace of company growth. Anaplan was able to address all the above points and improve the financial planning process completely.
  • Collaboration between business functions
  • Performance of complex calculations
  • Version control and scenario planning
  • The workflow functionality could be improved
  • Plan IQ (AI based functionality) could be more flexible
  • Platform Support could be a bit more responsive
  • With Anaplan nothing was stopping us from growing the business
  • We were able to speed up the monthly P&L forecasting process
Anaplan has a clear advantage comparing to Excel when it comes to complex planning and forecasting, especially for bigger companies. Anaplan can perform much smoother but still is giving the same amount of flexibility.

SAC is much more analytical comparing to Anaplan. SAC can support forecasting well, similarly to Anaplan, however Anaplan can address scenario planning much better than SAC.

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

Anaplan can bring a lot of value when implemented for multiple use cases. It can organize the whole planning process of the company promoting collaboration and improving the visibility on business processes. It fits well in the financial planning use cases but also sales and demand planning.
I don't think it's a good choice for small companies though. From my perspective the bigger the company the more it can withdrawal from the tool due to a scale of implementation.

Anaplan Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
9
Scenario modeling
10
Management reporting
9
Financial data consolidation
7
Local and consolidated reporting
8
Financial Statement Reporting
9
Management Reporting
9
Personalized dashboards
9
Color-coded scorecards
10
Cost and profitability analysis
9
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
Report-Level Access Control
10
Responsive Design for Web Access
8
Mobile Application
8
Dashboard / Report / Visualization Interactivity on Mobile
7