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Implementing Anaplan: A Consultants Review
What do you like best about the product?
Anaplan is an incredibly easy solution to scale throughout a business and can be tailored to fit almost any business case.
What do you dislike about the product?
Anaplan's strategy for introducing new features, Wish it was shorter
What problems is the product solving and how is that benefiting you?
We have built solutions for Gross to Net, Financial Planning, Zero-based Budgeting, Price Modeling, etc. The benefits are almost instant from the time reduction of planning to data aggregation across the business.
Anaplan has been the main focus of my career for almost 7 years - as both a customer and partner.
What do you like best about the product?
The possibility of truly connected planning for all businesses.
What do you dislike about the product?
Occasionally, support can take longer than it should or not be helpful at all - I often know more about the issue than the support person does, which causes troubleshooting to take longer than it should.
What problems is the product solving and how is that benefiting you?
I've solved many problems, but the most common are - easily consolidating data from many source systems, connecting multiple departments that don't usually "pass" data over the cloud, building near "real-time" P&Ls and other financial statements based on decentralized operational inputs. The benefits that I've realized have been reduction in hours used for "number crunching" and data consolidation and creating time for powerful analysis and decision making.
A powerful & flexible tool
What do you like best about the product?
Anaplan's freeform platform platform allows users to build and scale the model to meet business needs. Because it's not an out of the box solution with specific use case constraints, we've been able to utilize Anaplan's platform for a multitude of cases. Combining this with data integrations, process actions, and being a collaborate cloud tool, it has been the backbone of our FP&A organization.
What do you dislike about the product?
While Anaplan has been great from a model builder and finance perspective, the reporting capabilities are lacking. Anaplan has made great strides with the new UX and Reporting for higher level management reporting, but there's still room for improvement for more data table heavy and variance/scenario reporting.
What problems is the product solving and how is that benefiting you?
Having a single source of truth, data integrity, removing process redundancies, and manually consolidating data.
I've found Anaplan to be an incredibly valuable and intuitive tool
What do you like best about the product?
I like Anaplan's easy-to-use interface, fast-paced product improvements, and interactive community.
What do you dislike about the product?
Integration with other platforms could be expanded/more effective (i.e. excel/powerpoint add-ins)
What problems is the product solving and how is that benefiting you?
I typically use Anaplan to solve for Sales Performance Management challenges - territory & quota planning, compensation modeling, account segmentation/scoring, etc.
Easy to implement with smooth end user adoption
What do you like best about the product?
Ease of model maintenance for admins. Model admins do not need to have extensive knowledge of coding language and can be adopted by any users that have a general background of financial modeling in previous roles.
What do you dislike about the product?
The reporting visualizations in Anaplan are not as extensive as some other reporting tools, however, they still get the job done.
What problems is the product solving and how is that benefiting you?
We are solving the problem of having end-users work in disparate excel spreadsheets that often require back and forth between operations and finance during the monthly reporting process, which causes costly inefficiencies in the business. Anaplan allows for uniform processes across the organization and creates efficiencies that allow operations to input forecasts while finance can review in real-time.
Anaplan Enabling Connected Planning
What do you like best about the product?
Anaplan is real time and dynamic. It also allows businesses to be flexible in their changes and customize to their needs. While traditional planning solutions used to take months in advance to enhance, Anaplan is relatively easy to adapt.
Additionally while other solutions focus on one use case, this allows us to enable the truly connected planning environment. Cross functions are able to collaborate in ways we have not seen in the past.
Additionally while other solutions focus on one use case, this allows us to enable the truly connected planning environment. Cross functions are able to collaborate in ways we have not seen in the past.
What do you dislike about the product?
While Anaplan is great and flexible, sometimes space limitations and design considerations have to be taken into account that can limit a users flexibility in intersections when working with detailed data.
Also while the new UX is helping address some of the cosmetic features of Anaplan, there still is much improvement for filtering and ad hoc reporting for it to truly be a one stop shop.
Also while the new UX is helping address some of the cosmetic features of Anaplan, there still is much improvement for filtering and ad hoc reporting for it to truly be a one stop shop.
What problems is the product solving and how is that benefiting you?
We are solving complex issues in making quick decisions on key metrics across supply chain and Finance. Additionally, we are harmonizing disparate business processes within a function, and using Anaplan as a catalyst to help streamline.
We have seen teams spending less time on data aggregation and harmonization, and focus on business decisions. Additionally teams are now able to work cross functionally to make a wholistic approaches and not siloed
We have seen teams spending less time on data aggregation and harmonization, and focus on business decisions. Additionally teams are now able to work cross functionally to make a wholistic approaches and not siloed
Anaplan
What do you like best about the product?
The ease if implementation and the flexibility of tool
What do you dislike about the product?
Integration with other ETLs was an issue.
What problems is the product solving and how is that benefiting you?
problem area was related to direct cash flow. We were able to decrease the manhours by 40% by using Anaplan.
Anaplan is a user friendly and flexible tool
What do you like best about the product?
Anaplan is user friendly and easy to navigate, both as an end user and developer. It is flexible and can adapt to different business scenarios. Functionalities can be built relatively quickly.
What do you dislike about the product?
There are limitations to functions and size of each model.
What problems is the product solving and how is that benefiting you?
I've solved problems such as sales forecast and financial planning with Anaplan. Benefits from using Anaplan for those use case ranges from cutting down the planning cycle time and transparency.
Standardized Platform for Easier Consolidation of Data
What do you like best about the product?
Anaplan has been a great help to me and to my partners in daily/monthly collaboration .
What do you dislike about the product?
No formula or function yet for current time (equivalent to NOW() of MS Excel. Yet, this doesn't discount the major benefits.
What problems is the product solving and how is that benefiting you?
A lot! I had implemented it to various processes in Finance.
Recommendations to others considering the product:
Anaplan has a lot of benefits to offer. I graduated BS Accountancy but been developer of Anaplan as it's easy to follow through.
Anaplan is a great forecasting tool
What do you like best about the product?
The flexibility and scalability makes the tool powerful
What do you dislike about the product?
The new UX is clunky and not easy to build with
What problems is the product solving and how is that benefiting you?
All of our processes are in excel and need to be streamlined
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