Awesome, unique and powerful platform that has the potential to truly help your business.
Updated October 10, 2024

Awesome, unique and powerful platform that has the potential to truly help your business.

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

Overall Satisfaction with Anaplan

We use Anaplan to solve different Financial planning challenges. In addition for the sales organization we have compensation planning and calculations running on Anaplan[.]

Pros

  • Implementation
  • Flexibility
  • Powerful Calculation Engine
  • Easy to maintain and develop

Cons

  • Support
  • Business model / licensing
  • Self service development
  • Real time calculations
  • Good reporting capabilities
  • Connecting planning processes
  • Time to calculate sales commissions 3 weeks to 3 days with less errors and more flexibility
  • Significant improvements in forecast accuracy, speed and transparency
Usability (end user perspective) is as good as the person who built it, built it.
I feel that Anaplan really has no competition when it comes to implementing connected planning. The biggest reason being that with other solutions, you need consultants to develop. If you know how to develop in Excel and understand the concept of dimensions, then you can develop in Anaplan. This means that you can maintain and develop Anaplan in-house. This results in an up-to-date platform. When you have to use consultants to do even the smallest changes, your system will turn into a data entry form very fast.

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

Anaplan has the potential to be a real game changer in the field of planning & analytics. Simply put, if done right, it allows you to run your business better. Make better and more informed business decisions faster utilizing the knowledge from every corner of your organization.

Anaplan Feature Ratings

9.4
Long-term financial planning
10
Financial budgeting
9
Forecasting
10
Scenario modeling
10
Management reporting
8
9.5
Financial data consolidation
8
Journal entries and reports
10
Local and consolidated reporting
10
Detailed Audit Trails
10
8.7
Financial Statement Reporting
8
Management Reporting
9
Excel-based Reporting
9
9.8
Personalized dashboards
10
Color-coded scorecards
9
Cost and profitability analysis
10
Key Performance Indicator setting
10
9.3
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
8
9.0
Customizable dashboards
9
Ad-hoc Reporting ()
Not Rated
9.0
Publish to PDF
10
Report Versioning
8
Data Discovery and Visualization ()
Not Rated
10.0
Role-Based Security Model
10
10.0
Responsive Design for Web Access
10
Mobile Application
10
Dashboard / Report / Visualization Interactivity on Mobile
10

Using Anaplan

30 - Finance, Sales, HR
2 - In our case, financial background is a must. Also need to be a bit tech-savvy
  • Financial Planning
  • Cost Allocations
  • Compensation planning
  • FTE & Salary Planning
  • Cost allocation actuals and forecast. Data is imported from SAS
  • FTE & Salary planning utilizing Workday data
  • Statistical forecast for KPI´s
I feel that Anaplan is the market leader in the connected planning space. I´ve been very happy with it for years

Evaluating Anaplan and Competitors

Yes - IBM Cognos TM1. Very outdated and unflexible
  • Cloud Solutions
  • Scalability
  • Ease of Use
Scalability. Anaplan can be developed in-house to meet the changing needs of the business
I wouldn´t

Anaplan Implementation

We did the implementation in-house. Bit hard to get the project team to engage other than that the project was smooth
  • Implemented in-house
Yes - We had four sprints. All had a set of functionalities that were ready to test after each sprint.
Change management was a big part of the implementation and was well-handled - It´s very important to let the project team decide almost everything that goes into the model. When the end-users can decide, they will want to use the finished product. They will also promote the solution around the organization.
  • No significant issues

Anaplan Support

Support is outsourced to India and my experience is that it´s very seldom that they are capable of helping me with my Anaplan issues. You spend a lot of time explaining the issues just to get answers that do not help
ProsCons
Kept well informed
Support cares about my success
Quick Initial Response
Slow Resolution
Less knowledgeable
Problems left unsolved
Escalation required
Difficult to get immediate help
Need to explain problems multiple times
No. Very expensive and I´m not convinced that it´s worth the money
Yes - No not really
Nope

Using Anaplan

ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Quick to learn
Convenient
Feel confident using
None
  • no code modelling
  • Integrations can be a bit tricky
Yes, but I don't use it

Comments

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