A great tool for non-standard use cases
October 09, 2024

A great tool for non-standard use cases

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review

Overall Satisfaction with Anaplan

We leverage Anaplan to implement connected planning solutions. The particular use cases that Anaplan caters to are wide and, quite honestly, limitless. Anaplan thrives most with use cases that are highly complex, change frequently, and cannot be addressed via standard out of the box technology solutions. Tasks such as budgeting, forecasting, data transformation & tracking, and scenario/what if analysis, are along among bread and butter cases for Anaplan.

Pros

  • Continuous Improvement: Anaplan is dedicated to furthering the capabilities of its platform through new releases like its new Anaplan Data Orchestrator feature.
  • Scalable: The tool is agile and can consistently be reconfigured according to both internal and external process changes. Any new additions (something simple like a new column in a dataset, or something larger, like a new level of the hierarchy) can be reconfigured within the tool.
  • Business Owned: The tool is ultimately something that can be owned and managed by the business, with minimal support after implementation.

Cons

  • Anaplan Optimizer: I would like to see a version 2 of the optimizer functionality which steers more in the direction of statistical forecasting and allows for additional configuration options, particularly as it pertains to multivariate analysis. functionality is
  • Requires Dedicated Expertise: Although the opportunity to own a tool as a business is indeed a valuable opportunity, it does take dedicated training and time in the platform to truly realize the benefits and be comfortable in the system. This is a non-zero amount of time on a business persona that should be factored in to steady state responsibilities going forward.
  • High Licensing Costs: Anaplan is expensive. This should be considered as a factor when considering adopting the tool as a business. Ensure there are tangible ways to understand what the investment in the platform will return for you as a business.
  • Anaplan has allowed for countless reduction of hours spent on administrative, highly time consuming, and manual planning tasks. This has enabled the team to now leverage tools to perform more detailed analysis.
  • Version Control: No more siloed versions of the same information can expedite reporting processes and facilitate tighter, more quickly aligned decision making.
  • Licensing costs are a consideration YoY and should be factored in when conducting ROI analysis.
Anaplan is very usable from a user perspective. Anaplan's level 1 and level 2 training courses are great resources and I highly recommend any power users of the platform consider completing both. These courses showcase, and therefore unlock an understanding of the platform which allows for quick and easy, agile, and iterative front end design.

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 flexible and scalable as it pertains to use cases and overall planning processes. The sky is truly the limit and our organization has had the opportunity to see that unfold for many organizations. It is most appropriate for use cases that are a bit nuanced, change and flex over time, and where new requirements are common.

Anaplan Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
8
Financial data consolidation
8
Journal entries and reports
8
Local and consolidated reporting
8
Detailed Audit Trails
6
Financial Statement Reporting
8
Management Reporting
7
Excel-based Reporting
6
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
8
Customizable dashboards
10
Publish to PDF
5
Report Versioning
10
Role-Based Security Model
10
Report-Level Access Control
10
Responsive Design for Web Access
5
Mobile Application
5
Dashboard / Report / Visualization Interactivity on Mobile
10

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