Anaplan is a flexible tool with some need for advancement
January 03, 2025

Anaplan is a flexible tool with some need for advancement

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

Overall Satisfaction with Anaplan

We implemented Anaplan for a valuations use case, specifically for Private Debt. We integrated Capital IQ to bring in public financial data for market analysis and for treasury rates and exported out to a reporting software. It solved providing user control and governance over a single model. It allowed customization of multiple different methodologies and edge cases while standardizing the overall model to avoid user error and erroneous overrides.

Pros

  • Customization
  • ALM
  • Modeling

Cons

  • Sparsity/Performance
  • Integration
  • NUX
  • Consistency
  • Accuracy
It's great for business users and it enables organizations to take control of their business processes.
Anaplan feels like the golden standard. Pigment lacks necessary functionality like actions.

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?

I wasn't involved with the selection/purchase process

Did implementation of Anaplan go as expected?

Yes

Would you buy Anaplan again?

Yes

Anaplan is very well suited to traditional use cases such as budgeting, forecasting, workforce planning, sales performance management. It provides a lot of flexibilities in those use cases where it's not to too complex. However, Anaplan struggles when iterative calcs are needed. The lack of a previous function for lists outside of time is a pain point. Anaplan also struggles with sparsity. If the bounds of a particular calculation is not consistent, especially across time, the model can suffer significant performance issues.

Anaplan Feature Ratings

Long-term financial planning
5
Financial budgeting
10
Forecasting
10
Scenario modeling
6
Management reporting
4
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
Not Rated
Management Reporting
Not Rated
Excel-based Reporting
Not Rated
Personalized dashboards
8
Color-coded scorecards
6
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
9
Flat file integration
10
Excel data integration
Not Rated
Direct links to 3rd-party data sources
6
Customizable dashboards
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Role-Based Security Model
Not Rated
Report-Level Access Control
Not Rated
Responsive Design for Web Access
Not Rated
Mobile Application
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

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