Anaplan
Anaplan, IncExternal reviews
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Keeps getting better!
What do you like best about the product?
One of the key features of Anaplan is its accessibility. With a cloud-based platform, all you need is a browser and internet connection. Also, the anaplan community is really open to user ideas, making the platform improve in many ways.
What do you dislike about the product?
It usually requires more space when dealing with a large quantity of data. But with the new Anaplan Polaris technology, I hope it can help resolve to deal with such big data.
What problems is the product solving and how is that benefiting you?
The problem with sparsity, Anaplan is addressing this with the Anaplan Polaris technology and I am really excited to try it to our models and see what it can do.
Anaplan: Industry-leading connected planning platform to meet today's modern business challenges
What do you like best about the product?
Most of my engagements on Anaplan have been around financial planning with very large and complex data sets. Anaplan's ability to allow you to slice, dice and join data to calculate forecasts is something I haven't seen on any other platform at this scale.
What do you dislike about the product?
The main issue I have only applies to using the Polaris engine. In Polaris, there are functions and formulas that are unavailable that are otherwise available in the standard Anaplan platform. This requires the users to think through their build and construct the model in a way that avoids these issues. Additionally, when developing in Polaris, extra care needs to be taken to ensure proper syntax as the "toaster" can take longer than in a standard Anaplan model to clear when an error is made. In general, I would recommend customers weight the pros and cons of Polaris and work with an experienced Imiplementation Partner. This should help ensure a smooth decision-making process, model build and model rollout.
What problems is the product solving and how is that benefiting you?
In previous engagement, we used Anaplan to create both Current Quarter and Long-Term Forecasts for Orders, Revenue and Margin for a large Telecom company. We had to bring together over 30 data sets in order to do this, meaning that Anaplan was being used to slice, dice and join those data sets to allow us to forecast. This data included Salesforce data, Oracle data, contract data, transit time data and numerous others. I can't even count how many spreadsheets and manual processes we replaced with that model. Prior to that I build short and long-term forecasting models for large financial firms, primarily in the mortgage servicing industry. In my current engagement we are working to implement Anaplan to build a truly "connected planning" environment with a top healthcare firm by bringing together the planning functions of multiple divisions and replacing dozens of spreadsheets and outdated processes with Anaplan models.
Anaplan Connected Planning Experience in Supply Chain
What do you like best about the product?
Seamless real time data flows across different use cases which enables to take good decision because of the connected planning topology.
What do you dislike about the product?
Nothing to dislike about the Anaplan tool.
What problems is the product solving and how is that benefiting you?
By anaplan the excel sheets used for planning have been eliminated, and has helped
Manager & Anaplan Enablement Lead
What do you like best about the product?
Anaplan is an extremely powerful tool that helps organizations break down once siloed/fragmented business functions, streamlining their planning processes and leading to real-time insights that help drive business goals. The platform's flexibility and ability to be customized to specific requirements make the platform suitable for multiple use cases and not tailed to only solve one business need.
What do you dislike about the product?
Anaplan's flexibility can also lead to downsides should the organization not correctly capture requirements that align with the business process they are trying to enable. As Anaplan can be configured in multiple ways, without the proper planning & SI the platform can be configured in ways that may lead to performance issues.
What problems is the product solving and how is that benefiting you?
Anaplan helps enable connected planning within an organization, breaking down once siloed functions and leading to faster, more accurate insights that help align tops down (corporate goals) to bottoms up (field planning).
Great planning and budgeting tool
What do you like best about the product?
The flexibility and ease of use for the team to update the software.
What do you dislike about the product?
Not too much, other than it's at a higher price point.
What problems is the product solving and how is that benefiting you?
Automated baseline forecasts to reduce cycle times.
Anaplan Practice Director
What do you like best about the product?
Here are the upsides of Anaplan:
- Flexibility
- Power of multidimensional architecture
- Ability to do things on the fly
- Ability to access Anaplan on mobile application
- Workflow Automation
- Management Reporting
- Co-pilot of Model Build
- Anaplan co-planner using generative AI capabilities enables faster insights into business performance
- Introduction of Anaplan data orchestrator enables seamless integration with various data sources, including SAP
- Statutory Consolidation and Disclosure Management
- Industry agnostic tool
- Flexibility
- Power of multidimensional architecture
- Ability to do things on the fly
- Ability to access Anaplan on mobile application
- Workflow Automation
- Management Reporting
- Co-pilot of Model Build
- Anaplan co-planner using generative AI capabilities enables faster insights into business performance
- Introduction of Anaplan data orchestrator enables seamless integration with various data sources, including SAP
- Statutory Consolidation and Disclosure Management
- Industry agnostic tool
What do you dislike about the product?
Here are the downsides of Anaplan:
- Workspace capacity constraints - this is mitigated to an extent with the introduction of new pricing tiering from Anaplan
- Limitation to combining the hierarchies to manage the sparsity, which results in the application not being user-friendly - Introduction of Polaris engine overcomes this limitation
- Pricing of Anaplan software
- Workspace capacity constraints - this is mitigated to an extent with the introduction of new pricing tiering from Anaplan
- Limitation to combining the hierarchies to manage the sparsity, which results in the application not being user-friendly - Introduction of Polaris engine overcomes this limitation
- Pricing of Anaplan software
What problems is the product solving and how is that benefiting you?
Anaplan is solving complex business problems. It gives the capability to perform scenario planning/sensitivity analysis with the critical business drivers that could have a significant impact on the business in uncertain times. It gives management powerful insights for making the right decisions at the right time. This is one platform that orchestrates all the functions in the organization.
With the introduction of AI capabilities one can give prompts to quickly get insights into the business performance.
With the acquisition of Fluence, Anaplan has added advantage to perform Statutory consolidation and offer a complete suits for CFO office.
Anaplan platform gives an ability to connect data/people/processes across different functions in the organisation giving ability to analyze the business performance effectively & drive better outsomes.
Anaplan is being used in our organisation for budgeting purposes
With the introduction of AI capabilities one can give prompts to quickly get insights into the business performance.
With the acquisition of Fluence, Anaplan has added advantage to perform Statutory consolidation and offer a complete suits for CFO office.
Anaplan platform gives an ability to connect data/people/processes across different functions in the organisation giving ability to analyze the business performance effectively & drive better outsomes.
Anaplan is being used in our organisation for budgeting purposes
An excellent modeling tool with endless possibilities
What do you like best about the product?
Having the ability to quickly and easily mix data from many sources
Creating complex scenarios and what-if scenarios
The ability to develop and manage group plans
The ability to gauge and evaluate the progress of aims
The ability to recognize and quickly address planning errors
Creating complex scenarios and what-if scenarios
The ability to develop and manage group plans
The ability to gauge and evaluate the progress of aims
The ability to recognize and quickly address planning errors
What do you dislike about the product?
The classic dashboard looks like it's from the 80s, but the new UX has too many restrictions.
There is no function to auto-complete the formulas
There is no function to auto-complete the formulas
What problems is the product solving and how is that benefiting you?
The biggest problem that Anaplan should solve is not to upcharge its customers.
Great EPM tool for Planning & Forecasting
What do you like best about the product?
Flexibility, Scalability and User friendly
What do you dislike about the product?
Nothing but a few technical limitations.
What problems is the product solving and how is that benefiting you?
Seamless business planning and forecasting
Anaplan for Strategical Planning, Forecasting and Budgeting
What do you like best about the product?
1)ADO(Anaplan Data Orchestrator) seamless integration with different systems with very minimal develpoers effort and replacing the data HUB model. 2)Workflow helps to manage the process with time to time notifications/alerts. 3)New user experience is the game changer with management reporting. 4) Community user helps to get clarifications regarding the platform. 5) Introduction of Hyper model architecture to plan with huge data volumes at the most granular level.
What do you dislike about the product?
1)Few commonly used formulas in excel are not available, but we can implement workarounds to get the results. 2) Performance issues when dealing with complex logic with huge data volumes. 3) Developer experience and NUX still have scope to improve.
What problems is the product solving and how is that benefiting you?
Anaplan is a cloud-based multidimensional and in-memory calculation engine that will help in many business planning and budgeting. It is entirely customized and easy to maintain.
Anaplan is a great way to improve productivity and collaboration.
What do you like best about the product?
Going from Excel or comparable models to Anaplan really improves the functionality and consistency of data, models, and reports. Having the data centralized so that all users see the same information and having a tool that is easy for end users to adapt to provides incredible value almost instantly.
What do you dislike about the product?
While Anaplan is flexible and can provide many upgrades over outdated methods like Excel based models or even comparable tools, it does require a bit of know-how for the end users to develop models themselves. On the other hand, it is something that can be learned easier than other tools or complex coding methods and over time can be entirely self-managed by end users.
What problems is the product solving and how is that benefiting you?
Even basic lift and shift scenarios of moving existing models into Anaplan solves issues such as single cell formula issues, having multiple files or sources of truth bouncing around the organization at any given time, and the improved security and auditing features help keep data secure.
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