Anaplan vs. IBM Planning Analytics

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
IBM Planning Analytics
Score 8.7 out of 10
N/A
IBM Planning Analytics, powered by IBM TM1®, is an integrated planning solution designed to promote collaboration across the organization and help keep pace with the speed of modern business. With its calculation engine, this enterprise performance management solution is designed to help users move beyond the limits of spreadsheets, automating the planning process to drive faster, more accurate results. Use it to unify data sources into one single repository, enabling users to build…
$825
per month 5 users
Pricing
AnaplanIBM Planning Analytics
Editions & Modules
No answers on this topic
Essentials
$825
per month 5 users
Standard
$1,650
per month 10 users
Offerings
Pricing Offerings
AnaplanIBM Planning Analytics
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalOptional
Additional Details
More Pricing Information
Community Pulse
AnaplanIBM Planning Analytics
Features
AnaplanIBM Planning Analytics
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Anaplan
7.4
Ratings
3% below category average
IBM Planning Analytics
9.8
Ratings
25% above category average
Pixel Perfect reports6.40 Ratings9.80 Ratings
Customizable dashboards7.90 Ratings9.70 Ratings
Report Formatting Templates7.90 Ratings9.70 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Anaplan
9.1
Ratings
11% above category average
IBM Planning Analytics
9.7
Ratings
17% above category average
Drill-down analysis9.10 Ratings9.80 Ratings
Formatting capabilities9.10 Ratings9.70 Ratings
Report sharing and collaboration9.10 Ratings9.70 Ratings
Integration with R or other statistical packages00 Ratings9.80 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Anaplan
8.4
Ratings
2% above category average
IBM Planning Analytics
9.5
Ratings
14% above category average
Publish to Web8.60 Ratings9.90 Ratings
Publish to PDF7.90 Ratings9.90 Ratings
Report Versioning9.20 Ratings9.90 Ratings
Report Delivery Scheduling7.90 Ratings8.40 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Anaplan
8.2
Ratings
8% above category average
IBM Planning Analytics
9.3
Ratings
20% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)9.10 Ratings9.80 Ratings
Location Analytics / Geographic Visualization9.10 Ratings9.80 Ratings
Predictive Analytics6.40 Ratings9.80 Ratings
Pattern Recognition and Data Mining00 Ratings7.80 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Anaplan
9.3
Ratings
6% above category average
IBM Planning Analytics
9.5
Ratings
9% above category average
Multi-User Support (named login)9.10 Ratings9.80 Ratings
Role-Based Security Model9.80 Ratings9.80 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.10 Ratings9.80 Ratings
Report-Level Access Control9.70 Ratings8.40 Ratings
Single Sign-On (SSO)9.10 Ratings9.80 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Anaplan
7.5
Ratings
5% below category average
IBM Planning Analytics
7.6
Ratings
3% below category average
Responsive Design for Web Access8.30 Ratings6.10 Ratings
Mobile Application7.30 Ratings8.00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile7.80 Ratings7.80 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Anaplan
9.0
Ratings
8% above category average
IBM Planning Analytics
9.8
Ratings
17% above category average
Long-term financial planning9.20 Ratings9.80 Ratings
Financial budgeting9.40 Ratings9.80 Ratings
Forecasting9.30 Ratings9.80 Ratings
Scenario modeling9.20 Ratings9.70 Ratings
Management reporting7.70 Ratings9.70 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Anaplan
7.7
Ratings
3% below category average
IBM Planning Analytics
9.8
Ratings
21% above category average
Financial data consolidation8.10 Ratings9.70 Ratings
Journal entries and reports7.40 Ratings9.80 Ratings
Multi-currency management7.30 Ratings9.80 Ratings
Intercompany Eliminations7.30 Ratings9.80 Ratings
Minority Ownership7.30 Ratings9.80 Ratings
Local and consolidated reporting7.80 Ratings9.80 Ratings
Detailed Audit Trails9.00 Ratings9.70 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Anaplan
8.0
Ratings
1% below category average
IBM Planning Analytics
9.4
Ratings
15% above category average
Financial Statement Reporting9.00 Ratings9.80 Ratings
Management Reporting8.00 Ratings9.80 Ratings
Excel-based Reporting7.80 Ratings9.80 Ratings
Automated board and financial reporting8.20 Ratings9.70 Ratings
XBRL support for regulatory filing7.30 Ratings8.10 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Anaplan
9.2
Ratings
13% above category average
IBM Planning Analytics
9.5
Ratings
17% above category average
Personalized dashboards8.60 Ratings9.70 Ratings
Color-coded scorecards9.40 Ratings9.80 Ratings
KPIs9.10 Ratings9.80 Ratings
Cost and profitability analysis9.30 Ratings9.80 Ratings
Key Performance Indicator setting9.50 Ratings9.80 Ratings
Benchmarking with external data9.10 Ratings8.10 Ratings
Integration
Comparison of Integration features of Product A and Product B
Anaplan
8.2
Ratings
2% below category average
IBM Planning Analytics
9.8
Ratings
16% above category average
Flat file integration9.00 Ratings9.80 Ratings
Excel data integration7.90 Ratings9.90 Ratings
Direct links to 3rd-party data sources7.60 Ratings9.80 Ratings
User Ratings
AnaplanIBM Planning Analytics
Likelihood to Recommend
8.9
(0 ratings)
8.9
(0 ratings)
Likelihood to Renew
10.0
(0 ratings)
9.1
(0 ratings)
Usability
9.0
(0 ratings)
9.7
(0 ratings)
Availability
9.0
(0 ratings)
-
(0 ratings)
Performance
9.1
(0 ratings)
-
(0 ratings)
Support Rating
4.2
(0 ratings)
9.7
(0 ratings)
In-Person Training
9.1
(0 ratings)
-
(0 ratings)
Online Training
8.4
(0 ratings)
-
(0 ratings)
Implementation Rating
8.9
(0 ratings)
-
(0 ratings)
Configurability
9.1
(0 ratings)
-
(0 ratings)
Ease of integration
9.1
(0 ratings)
-
(0 ratings)
Product Scalability
9.1
(0 ratings)
9.1
(0 ratings)
Vendor post-sale
9.0
(0 ratings)
-
(0 ratings)
Vendor pre-sale
9.0
(0 ratings)
-
(0 ratings)
User Testimonials
AnaplanIBM Planning Analytics
Likelihood to Recommend
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.
Read full review
For a CFO or a COO to do budgeting and planning, IBM Planning Analytics would be essential. It is a tool that can take in multiple data sources and showcase them in a multidimensional way. If you are looking just for a BI or reporting tool, Planning Analytics would be considered "overkill".
Read full review
Pros
  • Ingest and integrate disconnected datasets and sources that speak different "languages"
  • Flexible security and user-oriented customization of dashboards and datasets
  • Smart architecture allows creative license to connect planning processes that have different time horizons and granularities
  • Real-time ("live") collaboration is particularly useful for globally spread teams in different time-zones
Read full review
  • Handle very large data volumes.
  • Scale to a large number of users.
  • Not having to compromise on business complexity.
  • It can be run by business users.
  • Availability of highly qualified consultants to support businesses.
  • REST API allows for an open eco system and a variety of solutions to extend the product.
  • Vast integration possibilities.
  • AI-infused engine with IBM Watson.
Read full review
Cons
  • I would like there to be additional visualization improvements/features for reports
  • Additional technical support resources would be great to quickly resolve bugs
  • I would like for improvements around the ability to have a lot of dimensions in a table of data and the speed around processing those calcs.
Read full review
  • sometimes it is hard to produce pixel perfect reports from the Web UI. I know it is not made for this, but still, it'll be great
  • getting in e.g. an Excel file just by drag and drop, and the AI should "understand" what the data is all around
Read full review
Likelihood to Renew
Anaplan is already an established market leader in enterprise planning area. Its flexibility to build multi-dimensional models, real time scenario plannings are proven to be the best features and successfully implemented by global organizations. Anaplan's ambitious product team is ensuring to roll out new features regularly based on customer/ partner feedback. e.g their new improved polaris environment has strong potential to build very large models without worrying about sparsity. The integration with other tools/technologies is being easier (e.g. cloudworks). Hence, considering Anaplan as a platform that has proved to be successful tool in enterprise level planning, its focus on regular feature enhancements and future release roadmaps I believe this platform has potential to evolve further along with our business processes and requirements
Read full review
Since IBM Cognos Express is suitable only for medium data warehouse environment, we are not sure if this tool solves the long term need as the business keeps growing rapidly. So its a 50/50 ratio to renew Express license. But having said that, the components of IBM Cognos Express are also available in other Cognos BI suites like Cognos 10.x version. So we will probably upgrade our environment to IBM Cognos 10.x which comes with more new features.
Read full review
Usability
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.
Read full review
IBM Planning Analytics is generally good in terms of functionalities. It can be used reduce time for budget planning, resource planning, demand forecasting, etc. The performance of IBM Planning Analytics is acceptable, but user interface can be improved. It would be good to see new features that allow users to customise the dashboard.
Read full review
Reliability and Availability
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
Read full review
No answers on this topic
Performance
Generally, pages load quickly and reports complete within a reasonable timeframe. However, when working with large or complex datasets or during times of multiple active users, performance can sometimes be impacted. That said, much of the performance depends on how the model is built and whether best practices have been followed. Optimized models tend to perform much better, so the experience can be somewhat subjective based on the setup.
Read full review
No answers on this topic
Support Rating
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.
Read full review
Although I find the IBM Planning analytics documentation quite time consuming, their support with email and call is something i can term as very considerate and patient, I have had few calls about the features and how i would want to implement them within my projects, and the teams have been super helpful to resolve my issues
Read full review
In-Person Training
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.
Read full review
No answers on this topic
Online Training
Learning made easy . One of the best trainings i have attended. Training was very detailed training by the trainer, which helped me understand the basics of the model building. Level 1 training was easy and instructor was most helpful here. Level 2 training was challenging but was able to go thru due to understanding of the basics.
Read full review
No answers on this topic
Implementation Rating
Agile methodology and breaking the work down into sprints was very helpful. Implementation required a deeper dive into our data than expected for the consultants to be able to construct the data model. But once it was in place, the focus on knowledge transfer enabled us to be able to use the product effectively after the team rolled off.
Read full review
No answers on this topic
Alternatives Considered
Anaplan is one of the only tools flexible to handle bespoke commission calculations. In addition to Sales Performance Management, Anaplan can be used to support other business functions, such as workforce planning or financial planning & analysis. Anaplan provides the scalability needed for an enterprise-level solution. While taking longer to implement, it also can provide a greater ROI.
Read full review
For strong technical teams and flexibility IBM Planning Analytics is the way to go. For quicker adoption and less technical teams Anaplan is the best option. If consolidation, financials, and moving from legacy tools are main focus than OneStream will be a really good choice. If deeply invested into SAP already than the SAP BPC will be the best fit to maintain the investment.
Read full review
Scalability
We have managed to leverage Anaplan for financial planning and forecasting across the business. It is now used by almost every department, with more than 50 users (but I know of companies that have hundreds of users) and still the platform is quick and reliable. It is easy to make changes to divisions and departments or add users and apply different user settings - the core part of the model is not affected and end users can continue their work without any disruption
Read full review
No answers on this topic
Return on Investment
  • Reduction in time spent by sales ops team in processing compensation by almost 20 %
  • Ability to drill down into each compensation calculation to understand the details of how the comp is calculated. This has provided more transparency / traceability to end users
  • we are able to release updates to the system faster as it is easier to maintain and sync
Read full review
  • Much higher degree of accuracy in forecasting with the use of predictive analysis from historical data
  • Dozens of man hours saved in routine processes that are now handled with minimal human interaction
  • One system that holds the "source of truth," consolidating multiple systems together that were only accessible individually before
Read full review
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.

IBM Planning Analytics Screenshots

Screenshot of Workflow managementScreenshot of Income statementScreenshot of Margin analysisScreenshot of Metrics managementScreenshot of Income statementScreenshot of Expense analysis