Anaplan
Anaplan, IncExternal reviews
440 reviews
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Anaplan acts as a unified system for all financial planning needs
What do you like best about the product?
I've been using Anaplan for the past 10 years, and witnessed Anaplan ongoing product enhancements.
1.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.
2. Implementation time with Anaplan is notably shorter compared to other Enterprise Performance Management (EPM) tools, allowing organizations to deploy solutions faster and realize value more quickly
1.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.
2. Implementation time with Anaplan is notably shorter compared to other Enterprise Performance Management (EPM) tools, allowing organizations to deploy solutions faster and realize value more quickly
What do you dislike about the product?
Overall, I really enjoy modeling in Anaplan and its capabilities. However, I believe there’s still room for improvement in the user experience (UX) to enhance usability. Additionally, some Excel functionalities are not yet available in Anaplan, which occasionally requires workarounds
What problems is the product solving and how is that benefiting you?
We've been using Anaplan for over a decade, applying it across various financial use cases like Real Estate Cashflow modelling, Expenses and Financial Planning and Forecasting.
Our first implementation replaced a manual process involving 100+ spreadsheets from asset managers across locations. With Anaplan, we now have real-time, consolidated reporting on a single platform managing over 100 properties, eliminating time spent on data collection and manual reporting.
Our first implementation replaced a manual process involving 100+ spreadsheets from asset managers across locations. With Anaplan, we now have real-time, consolidated reporting on a single platform managing over 100 properties, eliminating time spent on data collection and manual reporting.
Recommendations to others considering the product:
Refer to the Apps in Anaplan App hub and check best practises articles like Planual and other Posts in community.
The ideal planning tool for a business oriented team
What do you like best about the product?
Initially my first good impression came with the training materials which allow self-learning while at same time being very business oriented. Working on it for a few years now I'm still impressed with how easy and flexible is to build a model and then changing it as needed, specially comparing to other similar tools.
What do you dislike about the product?
Lack of basic ETL tool to transform data to be imported
What problems is the product solving and how is that benefiting you?
Being a consultant, it allows me to build complex models for any planning issue that my clients presented so far.
Recommendations to others considering the product:
Have a go - training materials are excelent and if properly followed with the proper business expertise they will allow you to be quite self-sufficient
Anaplan as TPM
What do you like best about the product?
We implemented a TPM solution with Anaplan and found it very flexible in developing customized solutions. Integration with SAP was also seamless.
What do you dislike about the product?
Dashboard features could be a little better but new user interface is on the right track
What problems is the product solving and how is that benefiting you?
TPM related customer specific processes
Generally very good experiences with Anaplan, constant advancements are encouraging
What do you like best about the product?
Flexibility to build complex models creatively. Options are endless if you know what you're doing.
What do you dislike about the product?
Implementation was difficult, hard to train model builders. Visualizations have been lacking, have seen improvement there on the new UX.
What problems is the product solving and how is that benefiting you?
Creating budgets and monthly forecasts across 70+ properties with 100+ people involved in the process. Replaced excel based processes that required lots of manual labor to consolidate. Easy to report anything up to executive committee and external investors in seconds.
Anaplan can be great (with a little effort)
What do you like best about the product?
Our users love the models we built. User acceptance was pretty fast.
What do you dislike about the product?
The standard security is very clunky. It is not designed for large numbers of users (especially with complex selective access) or segregation of duties (think SOX compliance type review). This can be overcome by building a model to manage the security and using integrations to transfer the updates, but does require significant additional work.
What problems is the product solving and how is that benefiting you?
We do our annual budgeting and continuous (!!) forecasting in Anaplan. We have been able to bring in multiple sources of data from our other key systems using scheduling tools and the native AnaplanConnect API. We send data back to our core GL system and then on to our consolidations engine for complex corporate and regulatory reporting.
Extremely Flexible Product for the End User! Technical integration capabilities to be desired
What do you like best about the product?
Flexibility of the product for the end users is amazing! The ability to pivot, filter, extract the huge datasets with a click of a button is so powerful for end users.
What do you dislike about the product?
Difficulty in managing integrations into and out of the model. It is sold as a end user maintainable product, however unless you want the system to be completely standalone from your system landscape, you'll have to have someone with data management skills available to help you keep the models refreshed with the correct data
What problems is the product solving and how is that benefiting you?
Agility to consolidate large sets of data immediately and perform calculations across relatively large datasets that aren't physically possible within excel
Anaplan for Sales Operations
What do you like best about the product?
Anaplan is a leader in connected planning. It can be described as excel or access on steroids. The tool is flexible and scaleable to adapt to any business objective. The tool exposes silos and barriers in the business that are necessary to have during organizational transformation. The best part is the tool is business owned.
What do you dislike about the product?
Reporting is currently undergoing a facelift. They are transitioning to a new UX, which provides improved visuals to display data. Currently, there is now way for the platform to realize the current date. This is on the product roadmap and should be resolved in the near future.
What problems is the product solving and how is that benefiting you?
We currently use Anaplan to solve for strategic revenue planning, account segmentation, and Incentive compensation management. My solved for our enterprise account selection by using Anaplan to objectively model and predict customer spend by our company’s products and services. From there, we were able to effectively and efficiently develop new business targets for our accounts, that are transparent with the sales reps compensation targets.
Anaplan is very powerful and flexible platform
What do you like best about the product?
I mostly like the performance and flexibility of the platform. Even if there's no pre-defined funtions, most-everything can be calculated in a custom way. Large amounts of data are calculated quickly in a cloud.
What do you dislike about the product?
Currently downside of Anaplan platform is its way of displaying the final data to multiple users. It often requires to actually store the version of data for each user even for simple summaries instead of calculating them ad-hoc.
What problems is the product solving and how is that benefiting you?
Anaplan allows our company to get rid of slowly performing Excel planning, yet supplies their platform cheaper than their competitors.
Nice powerfull platform. Be carefull of overusing the flexibility that it offers
What do you like best about the product?
Real time calculation and high performance with large data sets
What do you dislike about the product?
Workflow and additional insights in future roadmap
What problems is the product solving and how is that benefiting you?
Financial Planning
NextGen Planning platform
What do you like best about the product?
Self service for FP&A analysts
Self service for LOBs users
Rapid implementation time
Flexibility to make changes
Quick backup and recovery
Self service for LOBs users
Rapid implementation time
Flexibility to make changes
Quick backup and recovery
What do you dislike about the product?
130 GB model size limit
Missing public APIs (There is only one API related to data import/export)
Missing public APIs (There is only one API related to data import/export)
What problems is the product solving and how is that benefiting you?
FP&A planning, forecasting & budgeting (Contribution Margin, Opex, Capex, Headcount, Personnel spend, Department Spend, Program Spend etc)
Connected planning
Treasury planning
Collections forecasting
T&Q
Sales Planning
Connected planning
Treasury planning
Collections forecasting
T&Q
Sales Planning
Recommendations to others considering the product:
Always go with master anaplanners as lead for all implementations. Other model builders can work under the guidance of master anaplanners.
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