#1 most frequent
Japan
21.4%3 installations of 14
What is Anaplan?
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.
Categories & Use Cases
Media
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Screenshot of a preview of the Anaplan login page.
Top Performing Features
Role-Based Security Model
Role-based access means that access to data is determined by job or position in the corporation.
Category average: 8.9
Report-Level Access Control
Report-level access control means that the type of report determines who has access to it.
Category average: 8.8
Key Performance Indicator setting
Ability to set key performance indicators for measuring progress towards goals.
Category average: 8.3
Areas for Improvement
XBRL support for regulatory filing
Support for the XBRL standard reporting format for exchanging financial data.
Category average: 7.2
Pixel Perfect reports
Pixel Perfect reports are highly-formatted reports with graphics and ability to preview the report before printing.
Category average: 7.4
Predictive Analytics
Predictive Analytics is the ability to build forecasting models based on existing data sets.
Category average: 7.5
Who Buys & Uses Anaplan
#2 most frequent
United States of America
21.4%3 installations of 14
#3 most frequent
Germany
14.3%2 installations of 14
Pros
- High flexibility and customization for diverse business requirements
- Efficient, real-time calculation engine for large datasets
- Scalability to integrate new regions and evolve with business needs
Cons
- Limited direct data integration options with other systems
- Challenges in effectively managing data sparsity
- Reporting capabilities are less robust than dedicated reporting tools
Why Anaplan and the benefits my organization gained by using it
Use Cases and Deployment Scope
We've been using Anaplan for the past 10 years, and currently have over 30+ active business use case model in operation. Prior to Anaplan, our reporting process was heavily manual, requiring the consolidation of 100+ spreadsheet form asset managers across various locations to produce fund level and group level reports. This process was time consuming with significant effort spent on data collection, error, checking and reporting. With Anaplan, reporting has become fully automated and real time, elimination manual effort. it now serves as a centralised platform to manage over 100+ properties, streaming operations across multiple regions. We've been using Anaplan across wide range of use use cases, including Real Estate Cashflow modeling, Financial Planning and Forecasting, Expense management and Group Reporting's.
Pros
- Continuous product enhancements have greatly improved the overall modeling experience.
- Regular updates ranging from modeling capabilities, user interface improvements, user management, machine learning based forecasting, workflow automation features makes Anaplan an increasingly powerful and user friendly platform.
- As the world continues to evolve rapidly, Anaplan keeps pace by investing in AI driven innovation. The introduction of Anaplan intelligence brings advance capabilities in AI powered scenario planning, forecasting, enabling smarter, faster decision making.
- Anaplan is a cloud-based planning platform that offers users the flexibility to access and collaborate from anywhere in the world, enabling seamless, real-time planning across geographies
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Cons
- Some functionalises available in Excel are not yet supported in Anaplan, which occasionally requires workaround.
- While there's still rom for improvement in the user interface, the recent updates release has addressed many of the key gaps.
Most Important Features
- Cloud based platform
- Integrating multiple business processes within Anaplan
- Intelligent decision making using AI
- Customisable modeling and Scalability
- Integration to down systems
Return on Investment
- Planning time has significantly decreased. The ability to perform what-if scenario planning adds substantial value to the business, empowering planners to explore different outcomes and develop the most accurate and strategic forecasts.
- Data consolidation time has been reduced from a full week to virtually zero.
- Serves as a Single Source of Truth, one unified platform that supports all use cases and user groups
- Governance over user access and control is excellent
Usability
Alternatives Considered
Microsoft Excel
Other Software Used
Informatica B2B Data Exchange (legacy), Microsoft Excel, Python IDLE
Anaplan Review by Finance Model Builder
Use Cases and Deployment Scope
We use Anaplan in HR, Finance and Sales planning teams. we integrate all these organization using Anaplan leading to Connected planning. Prior to using Anaplan all the teams were using Excel worksheets leading to delay in submission and incorrect version. Using Anaplan we have eliminated such issues. The Data transfer between systems and teams have improved and created more trust in the data and team, the process.
Pros
- Real time consolidation
- Tracking History
- Data Security
Cons
- Integrations
- Dynamic Reporting
- Model sizing factor
Most Important Features
- Connected Planning
- Data Security
- Real time consolidation
Return on Investment
- Quick turnaround of data between teams
- Managing entire 28-billion-dollar companies planning
- Complex Business Scenario planning
Usability
Alternatives Considered
SAP BPC (Business Planning and Consolidation) and Oracle Hyperion Enterprise Performance Management
Other Software Used
Oracle Hyperion, SAP BPC (Business Planning and Consolidation), Microsoft Power BI
Anaplan is a great tool for any FPA organization
Use Cases and Deployment Scope
I use Anaplan to build models for business users, i.e. planning, budgeting, and forecasting (PBF) models, that are customized to their business needs. With Anaplan we're able to connect all levels of an FP&A organization (from analysts to leadership) and beyond to other organizations throughout companies, such as Sales, Marketing, and HR. The models we implement typically incorporate detailed hierarchies with large datasets, transform that data and perform calculations to produce detailed forecasts at the lowest levels, and easily consolidate and aggregate those forecasts to produce high-level reporting. Leadership can then use these reports to analyze KPI's, simulate scenarios, strategize moves, make decisions, develop goals, and set targets across multiple internal organizations.
Pros
- Integrates datasets from multiple sources
- Empowers business users to build models
- Connects people and organizations within a company
Cons
- Workflow
- Management Reporting
- Chart Customization
Return on Investment
- Reduce hours needed to produce forecasts
- Increase hours spent on analysis and strategy
- Empowers leadership to be agile in a high-paced environment
Usability
Alternatives Considered
Microsoft Excel
Other Software Used
Microsoft Excel, Informatica Cloud Data Integration, Tableau Cloud
Anaplan - great tool for almost any use case
Use Cases and Deployment Scope
We use Anaplan for many use cases, including FP&A, Forecasting, Demand Planning, Portfolio Management, Sales Reps performance and Allocation and many other use cases. Anaplan is a very flexible platform and with a dedicated team of SME, Solution Architect and Model Builder, it allows to build almost any solution in a timely manner and make it work efficiently within the agreed budget. Anaplan has its own methodology, which has proven to be very successfull and helped to deliver hundreds and thousands of projects already for companies of any caliber.
Pros
- Forecasting
- User Experience
- Workflow
- FP&A
- Security
- Integration
- The Anaplan Way project methodology
Cons
- Flexible Reporting
- Additional Workflow features
- Faster and easier integration options with other platforms
Return on Investment
- Improved Planning Speed
- Better Quality Forecast
- Better visibility on how KPIs change over time
Usability
Alternatives Considered
Workday Adaptive Planning
Other Software Used
Microsoft Azure, Google Analytics, MySQL
Why Anaplan
Use Cases and Deployment Scope
Currently implementing Crew Forecasting
Pros
- Very flexible to meet various customer requirements
- Easy to implement changes
- Excelling UX platform
Cons
- Improvements on recently introduced ADO
- Filters or searches on some of the dropdowns do not exist
- Unable to create dynamic custom time intervals, has to maintain manually.
Return on Investment
- Depending on the overall cost it is a good investment compare to competitors
- Required less amount of time to implement
- Easy to learn and build a COE
Usability
Alternatives Considered
SAP Analytics Cloud
Other Software Used
DocASAP
