Anaplan
Anaplan, IncExternal reviews
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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While Anaplan is flexible and can provide many upgrades over outdated methods like Excel based models or even comparable tools, it does require a bit of know-how for the end users to develop models themselves.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.
Connect Departments' Plans and Operations in a single tool
What do you like best about the product?
Anaplan is a blank canvas with a powerful calculation engine and a friendly visualisation layer. So you can model almost any business process in your own way and share it with your colleagues.
What do you dislike about the product?
Limited options when it comes to native data integration, workflow and notifications.
What problems is the product solving and how is that benefiting you?
Allows bringing together in the same platform data that used to be scattered across teams: Workforce planning (in terms of headcount and ftes, budgeting, compensation), FInancial modelling (what-if scenarios), Financial consolidation across entities and many others, without compromising on usability.
Anaplan - Great planning tool
What do you like best about the product?
Connected planning
One source of the truth
Real-time results
UX / Management Reporting Apps
Security Features
Simple to use
One source of the truth
Real-time results
UX / Management Reporting Apps
Security Features
Simple to use
What do you dislike about the product?
Licence cost and types (which is probably new to me not sure how other companies operate)
What problems is the product solving and how is that benefiting you?
Having one source of the truth, by having multiple data sources and points, Anaplan makes it easier to consolidate all markets and report results efficently
A powerful tool for Collaboration Planning
What do you like best about the product?
Anaplan is a very good tool that helps to design/build models with great flexibility to solve business problems. Its powerful integration helps to bring the data from multiple sources and interactive dashboards to attain real-time results.
Highly Customization Capability, Product features and ease of Implementation.
Highly Customization Capability, Product features and ease of Implementation.
What do you dislike about the product?
Automatic Workflow process
Today() Function are not available
Today() Function are not available
What problems is the product solving and how is that benefiting you?
Anaplan helps the Sales Planning team eliminate the manual Excel files for actual/forecast data for multiple geographies. Also, we can see the real-time data in no-time. It helped to stream-line the process by reducing the planning cycle times. Anaplan definitely makes our Sales Ops user's life easier.
Agility and flexibility in modeling and connected planning
What do you like best about the product?
The speed with which a user can create complex models and calculations is unmatched. The ability to assign selective access and row-level security allows a model to confidently be shared to a wide user base without compromising security. Anaplan also has a robust user community that is full of support and is responsive to requests for help.
What do you dislike about the product?
There can be a steep learning curve to model building, as new modelers learn what it means to implement best practices and think through building a model in a way that takes advantage of Anaplan's multi-dimensionality and parallel processing abilities.
What problems is the product solving and how is that benefiting you?
Anaplan allows our business to aggregate disparate data sources in a single environment, create new metrics, and present that to end users for feedback and input to drive better, more data-driven decision making. Having in-house Master Anaplanners also allows our business to have resources that are technically savvy AND can understand that nuances of our business, which creates an environment where we are able to continually iterate on our tools and solutions.
A flexible tool that can evolve with our business.
What do you like best about the product?
Ability to create models that speak to each other whenever necessary. The tool is flexible enough for us to design models that enhance the user experience over excel and provide ability to perform calculations in real-time across much larger data sets.
What do you dislike about the product?
Anaplan's calculation engine and models are rhobust, but visuals are still lacking. Having multiple UX options creates inconsistency across the user base and inflexibility of visuals requires exports of data to excel for reporting.
What problems is the product solving and how is that benefiting you?
Reduces errors that might be caused through the use of Excel, reduces amount of time spent on analysis and data maintenance. Significantly improves communication across the business.
Very powerful tool for Business Planning/Actual Reporting and Analysis
What do you like best about the product?
Multidimensional structure, real-time computation of data, easy and comprehendible Excel alike formulas, dashboards with a graphical representation of data, and many more
What do you dislike about the product?
Managing sparsity is a challenge with Anaplan, as in a real-life scenario there will be multiple heavy-weight dimensions, and with Anaplan acquiring space for the cells where there will be no data is a bit challenging from a business perspective.
What problems is the product solving and how is that benefiting you?
Anaplan helps in enterprise-wide planning, bringing all the departments together to collaboratively plan the budget and play their specific roles. It has crunched the data preparation and budget preparation time allowing more time to review.
Implementation completed, moving to production
What do you like best about the product?
It allows creation of multiple hierarchies within the consolidation - important for creating multiple sets of financial statements for different users.
What do you dislike about the product?
New company set up is relatively straightforward once you know the steps but it seems like some of the steps could be automated.
What problems is the product solving and how is that benefiting you?
Currency conversion is much simpler - formerly it was done manually for each entity and the risk of error was high. Now it's done automatically by simply entering the rates.
Really helps the consolidation process
What do you like best about the product?
Being able to use excel based reports to create what you need.
What do you dislike about the product?
The ETL process could be improved to speak directly to local ERP systems.
What problems is the product solving and how is that benefiting you?
It is reducing the time in the consolidation process.
Recommendations to others considering the product:
Get all of your logistics prepared before implementation.
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