Flexible planning tool that scales with your organization
December 12, 2023

Flexible planning tool that scales with your organization

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

Overall Satisfaction with Anaplan

At CloudFlare, we use Anaplan for Finacial Planning and Sales Compensation Management use cases. Our goal was to diminish the reliance on spreadsheets while facilitating the oversight of these processes as our company scales.
- on the Financial Planning side, our implementation covers workforce planning, expense planning, depreciation + amortization, & costs allocation. We have also built comprehensive scenario features to facilitate "what-if" analysis and iterative planning.
- on the SCM side, our model handles the entire process from plan design and assignment to the release of the compensation statements which our sales team consults in Anaplan directly.
  • Adapts to any company's processes thanks to great flexibility
  • Handles big amounts of data
  • Actualization is easy thanks to switchover functionality
  • Fully interactive dashboards can be created with very few clicks
  • Granular security controls
  • Performance handling sparse data sets
  • Not flexible in handling of dimensions
  • Many features behind paywalls
  • Reduced Financial Consolidation process from 1 week to 1 day (previously Excel-based)
  • Enabled a mostly remote Finance team to double in size
  • Embedded Anaplan team (Center of Excellence) address issues and provide enhancements continuously
Managing spreadsheets in Excel or Google Sheets becomes too time consuming as the business and team grows so transitioning to a tool like Anaplan is a natural evolution.
I have used Power BI as a complement to Anaplan in the past in order to make the data that was consolidated in Anaplan available to a broader audience within the company. I have found that Power BI has more options for presenting data in a dashboard than Anaplan but was more limited in the amount of data it could handle while retaining good performance.

Do you think Anaplan delivers good value for the price?

Not sure

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 a very flexible tool that can support many processes within an organization and bring them together to create a connected planning experience. As a general rule, I have found that it is well suited for use cases that rely heavily on numbers (financial planning, financial consolidation, sales performance management) and less appropriate for uses cases that rely more on text (ESG management for example).

Anaplan Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
9
Management reporting
7
Financial data consolidation
10
Journal entries and reports
7
Local and consolidated reporting
7
Detailed Audit Trails
7
Financial Statement Reporting
9
Management Reporting
7
Excel-based Reporting
7
Personalized dashboards
7
Color-coded scorecards
7
Cost and profitability analysis
8
Key Performance Indicator setting
8
Flat file integration
7
Excel data integration
7
Direct links to 3rd-party data sources
7
Customizable dashboards
7
Publish to PDF
7
Report Versioning
Not Rated
Role-Based Security Model
10
Report-Level Access Control
10
Responsive Design for Web Access
9
Mobile Application
9
Dashboard / Report / Visualization Interactivity on Mobile
8