Great modeling platform to drive business change
December 05, 2023

Great modeling platform to drive business change

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

Overall Satisfaction with Anaplan

Maintaining accurate and timely financial forecasts driven by professional services revenue drivers. Our business forecasts change on a daily basis when operational drivers change - such as landing new clients or projects and staffing changes, so it's important that we have 1) consistent driver data linked to source systems 2) ability to handle complex modeling needs, like complicated revenue billing models and 3) flexible and consistent reporting.
  • Financial Modeling
  • Flexiblilty to adjust to changes in business needs
  • Nice UX
  • Improvement in Excel add-in
  • Automated report delivery
  • Improvement in workflow
  • More accurate forecasts
  • Compliance and data validation checks to ensure accuracy
  • Expansion into planning areas we didn't expect
  • Oracle Hyperion (discontinued) and Adaptive
Anaplan is what I would consider a modeling platform. It excels at taking a forecasting or planning process and systematizing it - and allowing for whatever nuances and granularity you need to perform that modeling. It is not positioned as "data collection" platform - which are typically designed to take data uploads from Excel to calculate basic opex and revenue models. It's much more customizable and flexible.


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

Well suited for:
  • Financial modeling needs that are relatively complex and/or currently done offline in Excel
  • Connecting financial plans to operational planning - such as sales, marketing, workforce, and supply chain
  • A business that is changing and may have frequent updates to how they plan and to what level of granularity
  • Modeling and forecasts that is more nuances than vanilla FP&A opex planning
Not appropriate for:
  • Being a data warehouse - i.e. storing tons of data
  • Being designed like a legacy "large cube" olap environment

Anaplan Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
9
Financial data consolidation
10
Journal entries and reports
7
Local and consolidated reporting
8
Detailed Audit Trails
7
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
7
Personalized dashboards
10
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
7
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
10
Mobile Application
10
Dashboard / Report / Visualization Interactivity on Mobile
10