Anaplan vs. Synoptix

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Anaplan
Score 8.7 out of 10
Enterprise companies (1,001+ employees)
Anaplan is a scenario planning and analysis platform designed to optimize decision-making in complex business environments so that enterprises can outpace their competition and the market. By building connections and collaboration across organizational silos, the Anaplan platform surfaces key insights.N/A
Synoptix
Score 7.5 out of 10
Mid-Size Companies (51-1,000 employees)
Synoptic provides ERP financial reporting tools and analysis. This solution is designed to deliver real-time data. The vendor’s value proposition is that their solution empowers users to create financial and operational reports with spreadsheet ease of use.N/A
Pricing
AnaplanSynoptix
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AnaplanSynoptix
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeOptionalOptional
Additional Details
More Pricing Information
Community Pulse
AnaplanSynoptix
Features
AnaplanSynoptix
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Anaplan
7.4
214 Ratings
3% below category average
Synoptix
6.0
5 Ratings
24% below category average
Pixel Perfect reports6.47 Ratings5.83 Ratings
Customizable dashboards8.0214 Ratings5.85 Ratings
Report Formatting Templates7.96 Ratings6.44 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Anaplan
9.1
8 Ratings
11% above category average
Synoptix
7.4
7 Ratings
10% below category average
Drill-down analysis9.18 Ratings7.37 Ratings
Formatting capabilities9.18 Ratings7.07 Ratings
Report sharing and collaboration9.18 Ratings8.24 Ratings
Integration with R or other statistical packages00 Ratings7.03 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Anaplan
8.4
221 Ratings
2% above category average
Synoptix
7.7
5 Ratings
7% below category average
Publish to Web8.67 Ratings7.64 Ratings
Publish to PDF8.0219 Ratings8.45 Ratings
Report Versioning9.2192 Ratings7.63 Ratings
Report Delivery Scheduling7.98 Ratings7.34 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Anaplan
8.2
8 Ratings
8% above category average
Synoptix
6.9
3 Ratings
10% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)9.17 Ratings7.33 Ratings
Location Analytics / Geographic Visualization9.17 Ratings6.82 Ratings
Predictive Analytics6.43 Ratings6.82 Ratings
Pattern Recognition and Data Mining00 Ratings6.82 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Anaplan
9.3
224 Ratings
6% above category average
Synoptix
7.6
6 Ratings
14% below category average
Multi-User Support (named login)9.18 Ratings7.36 Ratings
Role-Based Security Model9.8224 Ratings8.05 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.18 Ratings7.75 Ratings
Report-Level Access Control9.773 Ratings7.35 Ratings
Single Sign-On (SSO)9.18 Ratings7.86 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Anaplan
7.5
213 Ratings
5% below category average
Synoptix
6.7
4 Ratings
16% below category average
Responsive Design for Web Access8.3204 Ratings6.74 Ratings
Mobile Application7.4190 Ratings6.82 Ratings
Dashboard / Report / Visualization Interactivity on Mobile7.8198 Ratings6.73 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Anaplan
9.0
322 Ratings
8% above category average
Synoptix
6.6
8 Ratings
22% below category average
Long-term financial planning9.2297 Ratings6.06 Ratings
Financial budgeting9.4301 Ratings6.57 Ratings
Forecasting9.3310 Ratings6.64 Ratings
Scenario modeling9.2312 Ratings5.94 Ratings
Management reporting7.8311 Ratings7.88 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Anaplan
7.7
275 Ratings
3% below category average
Synoptix
7.6
7 Ratings
4% below category average
Financial data consolidation8.1255 Ratings8.26 Ratings
Journal entries and reports7.5211 Ratings7.03 Ratings
Multi-currency management7.312 Ratings7.14 Ratings
Intercompany Eliminations7.39 Ratings6.82 Ratings
Minority Ownership7.38 Ratings9.12 Ratings
Local and consolidated reporting7.9244 Ratings7.55 Ratings
Detailed Audit Trails9.0256 Ratings7.46 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Anaplan
8.0
293 Ratings
1% below category average
Synoptix
7.2
8 Ratings
12% below category average
Financial Statement Reporting9.0271 Ratings7.18 Ratings
Management Reporting8.0284 Ratings7.78 Ratings
Excel-based Reporting7.8262 Ratings8.07 Ratings
Automated board and financial reporting8.214 Ratings7.37 Ratings
XBRL support for regulatory filing7.31 Ratings5.83 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Anaplan
9.2
313 Ratings
13% above category average
Synoptix
6.5
6 Ratings
21% below category average
Personalized dashboards8.6307 Ratings6.46 Ratings
Color-coded scorecards9.4291 Ratings5.94 Ratings
KPIs9.120 Ratings6.73 Ratings
Cost and profitability analysis9.3270 Ratings6.73 Ratings
Key Performance Indicator setting9.5281 Ratings6.73 Ratings
Benchmarking with external data9.114 Ratings6.73 Ratings
Integration
Comparison of Integration features of Product A and Product B
Anaplan
8.2
319 Ratings
2% below category average
Synoptix
7.4
6 Ratings
12% below category average
Flat file integration9.0309 Ratings7.33 Ratings
Excel data integration8.0287 Ratings8.05 Ratings
Direct links to 3rd-party data sources7.7269 Ratings6.96 Ratings
Best Alternatives
AnaplanSynoptix
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
Centage
Centage
Score 9.4 out of 10
Centage
Centage
Score 9.4 out of 10
Enterprises
OneStream
OneStream
Score 8.8 out of 10
OneStream
OneStream
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AnaplanSynoptix
Likelihood to Recommend
8.9
(336 ratings)
7.5
(18 ratings)
Likelihood to Renew
9.9
(35 ratings)
9.1
(2 ratings)
Usability
9.0
(64 ratings)
7.1
(7 ratings)
Availability
9.0
(7 ratings)
-
(0 ratings)
Performance
9.1
(7 ratings)
-
(0 ratings)
Support Rating
4.2
(27 ratings)
9.1
(2 ratings)
In-Person Training
9.1
(6 ratings)
-
(0 ratings)
Online Training
8.3
(7 ratings)
-
(0 ratings)
Implementation Rating
9.0
(27 ratings)
9.1
(1 ratings)
Configurability
9.1
(5 ratings)
-
(0 ratings)
Ease of integration
9.1
(3 ratings)
-
(0 ratings)
Product Scalability
9.1
(7 ratings)
-
(0 ratings)
Professional Services
9.1
(1 ratings)
-
(0 ratings)
Vendor post-sale
9.0
(4 ratings)
-
(0 ratings)
Vendor pre-sale
8.9
(4 ratings)
-
(0 ratings)
User Testimonials
AnaplanSynoptix
Likelihood to Recommend
Anaplan
Anaplan is best suited for strategic planning initiatives in industries like CPG, Manufacturing, FS, Pharma. It can handle multiple use cases for each function in the company like Supply chain, Finance, Sales and more. It is one of the best tools I have seen in scenario modelling. It is not suitable for very detailed level planning, essentially execution level eg. Production scheduling.
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Synoptix
Synoptix has been great for us to allow end users access to the data and information they need to make informed decisions without letting them have full access to all ERP functions. It has also been very easy to create custom reports that meet our needs. It is also nimble enough to create quick reports that are needed with a small turnaround
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Pros
Anaplan
  • Anaplan can scale as your business grows, for example adding new regions into to your geographical hierarchy.
  • Anaplan is flexible and can do anything you want it to, there are no tables pre-configured that you need to fix your business process into.
  • Reading formulas in Anaplan is straight forward with a quick learning curve.
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Synoptix
  • Easy report building interface with an query interface that allows financial users the ability to conduct complex queries without difficulty.
  • The ability to create reporting that allows us to review in-depth financial review by drilling down into accounts to find transnational data easily.
  • Easily maintained and monitored with simple upgrade installations and end point installation.
  • Great knowledge base for review and trouble-shooting.
  • Highly knowledgeable and easy to work with staff.
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Cons
Anaplan
  • Ability to decide if to apply the formula or a manual input on front end for each line item
  • Real Time Data Transfer across models. Currently Data is transferred using Processes across different models. Having a functionality to access data from any model in real time would be great
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Synoptix
  • It has a poor install procedure which is not standard. It almost requires copying folders from an existing computer to the new install.
  • The update process is less than desirable. It seems like Compusoft needs to do a better job of testing before releasing updates.
  • The interface is a bit archaic. It looks more like a program from 20 years ago than one used today.
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Likelihood to Renew
Anaplan
Anaplan is a very strong multi-dimensional modeling tool that provides a calculation engine to empower a complex planning process. It is fairly easy to learn for those with experience in similar tools, or excel. It forces structure and auditability that spread sheets do not have, along with extensive security capabilities
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Synoptix
There is no question that we will continue to use this product for as long as it's available
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Usability
Anaplan
Anaplan is interesting because it is at the same time easy to use and difficult to use. An end user can navigate a well-constructed app, being pointed in the right direction every time they feel a slight bit of confusion, and find everything they need in what feels like a straight line. Similarly, a model builder (developer of sorts) can have the exact same experience, but the journey is longer and more complicated. End users have great experiences with Anaplan, but sometimes model builders have a frustrating one. That is not to say model building is hard (because it truly is not), but things change, and when things change in complex systems, the effort required simply to investigate where a model builder needs to make an adjustment may frustrate them but also frustrate their non-technical bosses. However, the reality is that with complicated businesses, complicated business problems, come complicated solutions. It is actually a testament to Anaplan's capabilities that it has taken on the biggest problems at the biggest companies. It may be daunting to adjust it in those environments, but at least you know it did meet the needs there, which is more than most tools can say.
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Synoptix
It didn't take long to learn how it works and has always been easy to navigate and accomplish all that we have needed. Whenever there have been any issues Synopotix has been great to address them in a timely manner and have always been able to resolve the issues we have had
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Reliability and Availability
Anaplan
There are very few outages. Maintenance is scheduled on two or three Saturdays per month, so as not to affect businesses. When there is an outage, users are kept informed of progress to restore the platform and typically this takes no more than an hour. Anaplan customer support is very responsive if we ever have questions about platform issues
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Synoptix
No answers on this topic
Performance
Anaplan
Everything is calculated in memory in the cloud. It's nearly instantaneous updates when you make changes. The only time things get a little slow is when you have a massive model with very intricate calculations...but "slow" for Anaplan is not what I would call "slow" for something like Hyperion. We used to have Hyperion calcs that ran for 60 mins before you could use data. The equivalent would be 60 seconds in Anaplan.
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Synoptix
No answers on this topic
Support Rating
Anaplan
Support quality has dropped since Thoma Bravo has taken over. I think some serious re-focus needs to happen here -- part of the beauty of being in the Anaplan community was how involved you felt in it before. Before I didn't dread sending a support ticket, now I am starting to.
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Synoptix
Support does not know much about software solutions. As an example, I have struggled for weeks just to set up LDAP that should be fairly simple.
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In-Person Training
Anaplan
In my opinion, in-person training is always the best if you have the option to do so. This allows real-time interactions with the instructions, whereas the online training I took required me to write-down questions, email them, and wait for responses. This slows down the process, as you can imagine. That said, in-person training is an extra cost and it likely isn't needed for everyone. I would suggest selecting a small number of people to take in-person training and then having them act as mentors to the rest of your team. That way, as the rest of the team takes the online training, they have a resource to help them in real time.
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Synoptix
No answers on this topic
Online Training
Anaplan
Anaplan training materials are clear, simple, easy to understand and to follow. Visuals are excellent. The vendor is good at updating training materials in a timely manner and encouraging users and administrators to keep coming back to Academy site for refresher courses or new feature courses. I really like their interactive diagrams
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Synoptix
No answers on this topic
Implementation Rating
Anaplan
The platform allows a flexible implementation mechanic to be put in place, since the possibilities and functionalities are vast and there are very few things the tool cannot do well. The solutions for the financial planning and the integrated business planning we put in place were easily adopted by the end users and their day-to-day work was made easier.
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Synoptix
Good guidance of what steps will halppen.
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Alternatives Considered
Anaplan
Anaplan and these other tools are very similar. I cannot say that I selected Anaplan over them as I have worked with and been involved with setting up a number of tools for clients. They all have their advantages and Anaplan is a very strong tool in the cloud planning space
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Synoptix
Synoptix is more oriented to users as their own developers. You do not need to understand any sort of coding or languages. If you are working in financials you just need to know your trial balance. The menus and programing are so user friendly the programming is "kinda obvious"
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Scalability
Anaplan
The platform is highly flexible and can be deployed across multiple departments and locations, supporting growth and varying business needs effectively. Its cloud-based architecture allows for scaling model size and user access as required. However, there can be some challenges with performance and model complexity as the scale increases significantly, which slightly limits its scalability in very large or highly complex environments.
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Synoptix
No answers on this topic
Return on Investment
Anaplan
  • Anaplan's implementation led to a significant reduction in planning cycle errors and bugs, streamlining processes and improving overall accuracy in data inputs
  • Standardizing the planning process and enabling cross-functional collaboration through Anaplan enhanced our ability to adapt swiftly to changing business needs, resulting in improved agility in decision-making
  • The platform's capabilities, especially in Demand Planning and Supply Chain, positively impacted our ROI by optimizing resource allocation and solving complex business problems efficiently across multiple functions
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Synoptix
  • As a reporting tool it has allowed us to make fact based decisions. We have a significant annual cost with relation to our legacy system and Synoptix provides us with the best tool to mine the data that resides in our legacy system.
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ScreenShots

Anaplan Screenshots

Screenshot of a preview of the Anaplan login page.Screenshot of a preview of an Anaplan home page.Screenshot of a preview of an Anaplan board.