Anaplan
Anaplan, IncExternal reviews
442 reviews
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Anaplan Architect with 100+ implementations and expertise in sales and commercial plannin
What do you like best about the product?
Anaplan's flexibility to change and grow with the business. With a proper COE and strong model builders, Anaplan can drive results in the present while planning for the future.
What do you dislike about the product?
Anaplan's flexibility can result in an over-engineered planning process that loses sight of the key business drivers.
What problems is the product solving and how is that benefiting you?
Anaplan solves consistency and visibility issues that are present within every organization. Leadership can feel confident in the planning process and outputs by centralizing planning and moving away from Excel.
Great flexible cloud based platform
What do you like best about the product?
Cloud based platform
Application Lifecycle Management
UX Dashboards
Flexible formula based logic
Application Lifecycle Management
UX Dashboards
Flexible formula based logic
What do you dislike about the product?
Limited new functionality releases
Anaplan support not as good as it used to be
Anaplan support not as good as it used to be
What problems is the product solving and how is that benefiting you?
The reduction of time to create reports / useful analytics to actually spend time on making decisions
The Anaplan practice evolving all over the years
What do you like best about the product?
Anaplan is a easy-to-use service, but still very powerful and robust at the same time. There is a quite low level of entrance to the platform in order to be able to create complex models. If you are good in excel and VBA, you will be definitely good in model building. You can cover any business case by Anaplan, it's proved by my 7-years platform's experience. An UX is great, you don't have to get used to that. It is very native and user friendly. Anaplan doesn't stay in an one place. It releases new features very often.
What do you dislike about the product?
Unfortunately, Anaplan doesn't support any scripts modelling. Therefore, sometimes you have to pass a very long building way in order to reach your goal. The greatest disadvantage of the platform is a price. It is quite high, your company need to have a really good profit to afford it. On the other hand, Anaplan brings a real value. That amount can be calculated. In many cases the savings cover an Anaplan's TCO.
What problems is the product solving and how is that benefiting you?
As a consultancy company, we've managed a lot of Anaplan implementations in different domains and business cases. It's been FMCG, Pharma, Banking, Mining, and Tech industries. All of them found their benefits in the Anaplan's implementation. Some clients cut twice their time for budget campaign, others increased transparency and efficiency in C&B process for their Sales Reps. Many clients provide a great feedback about an ability to create and compare different scenarios in very rapid way. In my opinion, the greatest benefit in the Anaplan implementation is that clients, finally, get verified and enhanced buisness process, that have really clear definition. In addition to that, they can change the process, even by their internal champion. Nowadays, when the things are changed unpredictably fast, this is extremely important.
A great "connected" planning tool that can scale with your business
What do you like best about the product?
* Encourages collaboration across business units to break down silos
* Can easily add more granularity to existing planning models
* Relatively fast implementation timeframe
* Numerous integration options including Anaplan APIs, Anaplan Connect, HyperConnect and iPaas connectors
* Drilldown feature which enables a user to trace calculations back to source inputs/data
* Dynamic reporting through the use of dynamic text where values (e.g. Sales or Net Profit) dynamically change as the user selects different reporting periods
* Workflow feature although this currently costs a small license fee
* Customer focussed support
* Can easily add more granularity to existing planning models
* Relatively fast implementation timeframe
* Numerous integration options including Anaplan APIs, Anaplan Connect, HyperConnect and iPaas connectors
* Drilldown feature which enables a user to trace calculations back to source inputs/data
* Dynamic reporting through the use of dynamic text where values (e.g. Sales or Net Profit) dynamically change as the user selects different reporting periods
* Workflow feature although this currently costs a small license fee
* Customer focussed support
What do you dislike about the product?
* Certain aspects of model building are more complicated that it needs to be... although has improved recently and continues to evolve
* Some new features (e.g. Workflow) require additional licence fees to be paid
* Uses a different platform to handle very large models
* Some new features (e.g. Workflow) require additional licence fees to be paid
* Uses a different platform to handle very large models
What problems is the product solving and how is that benefiting you?
Our clients who have implemented Anaplan were primarily wanting to:
- remove/limit the use of MS Excel in managing and driving the performance of their business to eliminate inherent spreadsheet mistakes and provide transparency in assumptions/drivers used in planning models
- encourage collaboration among their business units
- significantly reduce the time it took to report their results and prepare updated forecasts
- introduce a faster way of creating scenario analyses to enable them to react to fast changing market conditions and plan for unforeseen challenges
- remove/limit the use of MS Excel in managing and driving the performance of their business to eliminate inherent spreadsheet mistakes and provide transparency in assumptions/drivers used in planning models
- encourage collaboration among their business units
- significantly reduce the time it took to report their results and prepare updated forecasts
- introduce a faster way of creating scenario analyses to enable them to react to fast changing market conditions and plan for unforeseen challenges
Anaplan platform
What do you like best about the product?
Highly configurable, ease of use for business
What do you dislike about the product?
Dashboarding capabilities can be restricted, predictive analytics can be integrated further into scenario modelling.
What problems is the product solving and how is that benefiting you?
Build forecasting models across various use cases
Anaplan can be configured to hand the most unique business processes.
What do you like best about the product?
Anaplan is very user friendly and is owned by the business, not IT. The business owners are empowered to make changes/updates and can configure pages in such a way that meets the unique needs of each department/area within the business while still connecting all of the planning activities.
What do you dislike about the product?
While Anaplan does offer ML/AI functionality, it does not offere insights to the indicators for this functionality.
What problems is the product solving and how is that benefiting you?
Anaplan allows us to track the stage of sales opportunities and rate the probablility of closure, which then informs our sales forecast. This information is also used to then plan our resources that need to be assigned to each opportunity.
Anaplan replaced shared spreadsheets.
What do you like best about the product?
Anaplan's security feature enable input data accountability. Its dashboards or reports update on the fly when data change.
Its flexible modelling features allow seamlessly model update. For example, when adding a new entity to entity list in a model, the same set of calculations will applied to the new entity straight away. No need to duplicate calculations for the new entity.
Its flexible modelling features allow seamlessly model update. For example, when adding a new entity to entity list in a model, the same set of calculations will applied to the new entity straight away. No need to duplicate calculations for the new entity.
What do you dislike about the product?
Dashboard functionality is not as flexible as excel. For example, font size in dashboard is not adjustable. Cell highlighting by user is not possible. Line item alias is not there, we need to create a separate line item to accommodate the reporting requirement.
What problems is the product solving and how is that benefiting you?
Before Anaplan, we used spreadsheet for monthly workforce planning process which involves 20 cost centers and around 400 workforce resources. Some resources will be shared by multiple cost center, and it caused double counting in planning. To maintain the accuracy and integrity of data, a delegated staff responsible to meet with individual head of business functions and to input the workforce planning data for them. Also, it took the staff around 3-4 stressful days to produce a consolidation report. During these 3-4 days, any new-comer or resignation still need to be handled and updated to get an accurate report.
With Anaplan, individual head of business functions are able to input the workforce planning data themselves via the self-serve dashboard. With the control of cost center resources hierarchy, planning for shared workforce resources without double count become possible. Also, a cost center dashboard, which is impossible in spreadsheet model, allows the head of business functions to review their own workforce planning. Once the workforce planning data is completed by the head of business functions, the consolidation report is produced automatically. For any changes in resource, it reflects in the report immediately.
With Anaplan, individual head of business functions are able to input the workforce planning data themselves via the self-serve dashboard. With the control of cost center resources hierarchy, planning for shared workforce resources without double count become possible. Also, a cost center dashboard, which is impossible in spreadsheet model, allows the head of business functions to review their own workforce planning. Once the workforce planning data is completed by the head of business functions, the consolidation report is produced automatically. For any changes in resource, it reflects in the report immediately.
Highly Customizable No Code Business Application Building Platform
What do you like best about the product?
Anaplan is highly customizable and can be used to create any business application. You can make changes to it quickly and you don't need a engineering team to support if the platform is built right.
What do you dislike about the product?
There is learning curve. Cost of license is getting more expensive. New features are behind paywall.
Poor customer support
Poor customer support
What problems is the product solving and how is that benefiting you?
We use Anaplan to automate financial modeling.
A Highly Effective, Intuitive EPM System
What do you like best about the product?
Anaplan is an excellent tool to standardize their planning processes and connect previously disparate systems. The speed at which an effective model can be built and integrated into an overall business process is one of the biggest advantages of the Anaplan platform.
What do you dislike about the product?
One of the challenges with Anaplan is the upfront investement to successfully integrate data with Anaplan. One of Anaplan's key advantages is the ability for a line-of-business user to be the model builder. This advantage can only be fully achieved with some initial investment to get data flowing into Anaplan.
What problems is the product solving and how is that benefiting you?
Anaplan helps solve the following problems for our clients: planning and budgeting, enrollment and tuition forecasting, program economic analysis, capital plannning and budgeting, and long range planning to name a few
Powerful analysis and reporting tool
What do you like best about the product?
- Excellent analytical capabilities
- Easy to learn
- Encourages single source of truth
- Easy to implement
- Easy to connect to other systems
- Easy to learn
- Encourages single source of truth
- Easy to implement
- Easy to connect to other systems
What do you dislike about the product?
- Support improving but could be better
- Certain "nice-to-have" features missing despite community support
- Certain "nice-to-have" features missing despite community support
What problems is the product solving and how is that benefiting you?
Monthly forecasting process, annual budgeting process.
- Allows multiple users to input data simultaneously
- Connects to accounting ledger and other systems for actuals
- Displays budget/forecast in ROY months
- Displays actuals in YTD months
- Allows multiple users to input data simultaneously
- Connects to accounting ledger and other systems for actuals
- Displays budget/forecast in ROY months
- Displays actuals in YTD months
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