Anaplan: connected planning across functions and geographies
August 16, 2024

Anaplan: connected planning across functions and geographies

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Anaplan

We use Anaplan for our headcount and workforce planning. The tool helps us in budgeting and forecasting our workforce for both short-term and long-term needs, while also identifying operational gaps across various business functions. It also streamlines and automates the entire hiring and tracking process, from job requisition creation to the final hire, by facilitating collaboration between the Finance, HR, and Operations teams.

Pros

  • Forecasting and budgeting
  • Scenario planning
  • Cross collaboration and connected planning
  • Highly customizable - can fit any requirement
  • Real time calculation and reporting

Cons

  • Models crash during formula editing, no error detection mechanism
  • No native integration options to ERP, CRM or HCM
  • Needs better version control for code releases
  • Performance gets impacted when handling large datasets
  • Improved forecast accuracy
  • Better alignment across functions
  • Increased efficiency and productivity
  • Automation of manual efforts
1. The UI is intuitive, highly customizable and does real time reporting.
2. Data entered in one place is immediately reflected across all dashboards.
3. UI is very simple to use and provides Excel like functionalities such as pivot, filter, sort, copy across/down, breakback, freeze, hold, etc.
4. Powerful modeling capabilities and scenario analysis
Both platforms are excellent but come with some challenges. They are often complex to configure and offer limited customization options. Their user interfaces are not very intuitive, and their reporting capabilities are somewhat restricted. The total cost of ownership is higher, and they need ongoing maintenance from specialized technical staff. In contrast, Anaplan is a low code/no code platform that typically involves a lower investment, is easier to set up, and delivers faster ROI and quicker time to value.

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

Use Anaplan when: you need a lot of customization, want a flexible and scalable platform - start with one use case and scale as needed, integrated planning across multiple functions, faster time to value

Not suited when: you plan to implement only one use case and the requirements are simple enough to be solved by an out of the box solution

Anaplan Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial data consolidation
8
Journal entries and reports
9
Local and consolidated reporting
10
Detailed Audit Trails
7
Financial Statement Reporting
9
Management Reporting
10
Excel-based Reporting
9
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
Customizable dashboards
9
Publish to PDF
9
Report Versioning
9
Role-Based Security Model
10
Report-Level Access Control
9
Responsive Design for Web Access
10
Mobile Application
9
Dashboard / Report / Visualization Interactivity on Mobile
9

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