Anaplan Review
December 06, 2024

Anaplan Review

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

Overall Satisfaction with Anaplan

I use Anaplan as a solution provider for clients. Anaplan addresses the need for companies wanting to deal with long turnaround times and lacking agility conducting business analyses. Scope of use cases is pretty extensive. Traditional FP&A, Workforce / Compensation Planning, Allocations / Cost Recovery, Loans & Deposits, and Private Equity Fund Forecasting.

Pros

  • Calculations - very functionable and can do almost anything, pretty efficiently.
  • Dashboards / User Experience - pretty good capabilities for end users.
  • Anaplan Community - Excellent articles and learning material

Cons

  • Data Integration - ability to manage and kick off integrations
  • Versions (Native) - lacking some functionality. End up using Custom Versions for almost every build.
  • Workflow - relatively new product, but needs additional features / capabilities to be used by most clients.
  • Anaplan has reduced turnaround times on reporting from days to minutes.
  • Anaplan helped a company go from 150+ tab spreadsheet to one dashboard.
  • Anaplan has given people their weekends back during month/quarter/year end.
Very easy to use and learn coming from a Finance / Excel background. Lots of features and the community is super helpful in learning the software. Majority of Fortune 500 companies are using the product and it makes the skill set valuable. They continue to improve the user experience / dashboarding capabilities and it's great seeing clients pick up the tool in less than 3 months.
Definitely a leader in the space. Far ahead in terms of capabilities. On the high end in terms of end user experience.

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

Areas Well Suited: Tedious business processes that require multiple people, departments, or data sources. For organizations dealing with lots of or large excel files. Great tool for organizations that are willing to learn new technology. Albeit, calculations and formulas are similar to excel, having an organization willing to learn can result in a high return on investment into Anaplan.

Less Appropriate: Consolidation (I have yet to see impact of Fluence acquisition). Historical data and storage system for planning results. Reporting on a lot of dimensions with a high number of list members.

Anaplan Feature Ratings

8.2
Long-term financial planning
10
Financial budgeting
10
Forecasting
9
Scenario modeling
8
Management reporting
4
4.3
Financial data consolidation
3
Journal entries and reports
8
Local and consolidated reporting
3
Detailed Audit Trails
3
6.7
Financial Statement Reporting
10
Management Reporting
5
Excel-based Reporting
5
8.8
Personalized dashboards
8
Color-coded scorecards
9
Cost and profitability analysis
10
Key Performance Indicator setting
8
9.3
Flat file integration
10
Excel data integration
9
Direct links to 3rd-party data sources
9
8.0
Customizable dashboards
8
Ad-hoc Reporting ()
Not Rated
6.0
Publish to PDF
7
Report Versioning
5
Data Discovery and Visualization ()
Not Rated
9.0
Role-Based Security Model
9
Report-Level Access Control
9
8.0
Responsive Design for Web Access
8
Mobile Application
8
Dashboard / Report / Visualization Interactivity on Mobile
8

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