Anaplan
Anaplan, IncExternal reviews
460 reviews
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Anaplan for Connected Planning to Achieve Transparency
What do you like best about the product?
In memory calculation engine, which provides real-time outputs for any inputs entered.
What do you dislike about the product?
Below are some of the items.
1. Workflow can be improved
2. NUX can still be improved
3. Some Excel equivalent formula are not available
1. Workflow can be improved
2. NUX can still be improved
3. Some Excel equivalent formula are not available
What problems is the product solving and how is that benefiting you?
Financial Planning and Consolidation is the use case we have implemented. Anaplan model helps in reducing the planning cycle from Months to days.
Overall an awesome experience
What do you like best about the product?
Anaplan is an excellent financial planning tool with many functionalities to solve a lot of business problems. As it is very user-friendly, users adapt to it very fast.
What do you dislike about the product?
Lack of reporting and dashboarding capabilities makes it difficult to design the reports as per the requirements, but Anaplan is improving it day by day and soon, it will be the best tool.
What problems is the product solving and how is that benefiting you?
We are solving all our Financial Analytics problems which include Business Planning, Quota Management, Territory Management, Account Planning, segment Planning, and Headcount PLanning
Great way to automate and streamline business processes!
What do you like best about the product?
System flexibility. Anaplan can be used for many different use cases, from simple data aggregation to complex forecasting and calculations. Powerful calculation engines that are behind the scenes can be simplified with user-friendly front-end dashboards, enabling standardized processes and the ability to onboard users at every level.
What do you dislike about the product?
Anaplan is extremely forward-thinking. Sometimes they focus on marketing the "future state" a little bit too much (i.e. AI) while they still have some enhancements to the existing core functionality that would also benefit their cutomers. I would prefer their teams focus on some of those items before moving on to the "future".
What problems is the product solving and how is that benefiting you?
We are utilizing Anaplan for many different use cases that I have listed below, all resulting in streamlined standardization of processes across the firm.
-Data aggregation for various forms of reporting
-Tracking of activity &related transformation (from investor to investment level)
-Complex waterfall calculations
-Forecasting of investment activity
-Centralization of data storage (market & in-house)
-Portfolio tracking and corresponding general ledger accounting
-Data aggregation for various forms of reporting
-Tracking of activity &related transformation (from investor to investment level)
-Complex waterfall calculations
-Forecasting of investment activity
-Centralization of data storage (market & in-house)
-Portfolio tracking and corresponding general ledger accounting
A fantastic system with Many Applications
What do you like best about the product?
The flexibility of the Anaplan system makes for an intuitive planning system that can be tailored to many applications for instance, Resource planning, Fund management, Budgeting, and forecasting longer term
What do you dislike about the product?
There are very few things I dislike about the platform and Anaplan are very good at responding to criticisms for instance the old dashboard system we clunky how every they have in the last year and a bit launched the new dashboards which are a leap forward and continue to added to.
What problems is the product solving and how is that benefiting you?
I have been working on various challenges with Anaplan. Asset planning, Fund reporting, Engineering Project forecasting through to FP&A budget and forecasting models.
A Platform of Capabilities - Planning for the Alternative Investment Industry
What do you like best about the product?
Anaplan as a solution provides flexibility whilst creating a robust and secure environment to connect people, data and plans. It is the best placed tool I have come accross to replace the 'messy middle' and heavy dependence on modelling in excel. The platform allows you to build your processes, formulas and plans in line with the structure of your business and the ability to drill down provides transparency. It allows for end to end planning accross your business. In the Alternative Investment industry we have seen this clearly. In additon to standard FP&A and Workforce Planning use cases Anaplan can truly offer a breadth of capabilities. Real Estate firms use it plan the entire lifecycle of their assets from Acquistion Underwriting Models, through Developments, Asset Level Planning, Disposals and Fund Modelling. Private Equity firms have seen value in building out Fund Outcomes models, Valuations, Carry Waterfalls and more.
What do you dislike about the product?
Management Reporting has been a great new feature but it would be great to see this develop even further. Adding the TODAY function would also be useful and the ability to sub-total via a selection in reports
What problems is the product solving and how is that benefiting you?
Time to value, with short implementation time-frames, Anaplans benefits rapidly realized. The platform enables collaboration, provides one source of truth, enables security, version control and transparency.
Anaplan is highly flexible & capable of quick turnaround in meeting business requirements
What do you like best about the product?
- Scalability
- No Code/Low Code Platform
- Personalized Dashboards
- Drill Down Feature
- No Code/Low Code Platform
- Personalized Dashboards
- Drill Down Feature
What do you dislike about the product?
- Workspace constraints
- Dependency on Model Builder
- Dependency on Model Builder
What problems is the product solving and how is that benefiting you?
- Enabling faster & accurate decision making
- Collaboration across different functions in the organization
- Increase in Productivity
- Collaboration across different functions in the organization
- Increase in Productivity
Flexible planning software that helps in agile business planning
What do you like best about the product?
Anaplan allows you the flexibility to build everything from a small, departmental model that services a very tailored and specific use case to a large, standardized full company planning model. It's user interface is responsive, sleek, and easy to use.
What do you dislike about the product?
With a lot of flexibility comes the need to make sure you are not overengineering a complex process. Like any true platform, you have to balance "I can do anything" with "what I should be doing" in the platform.
What problems is the product solving and how is that benefiting you?
Anaplan is helping to
1) making forecasting and budget cycles faster and more efficient
2) allowing for modeling of multiple business scenarios (i.e. "what ifs")
3) connected planning across the organization so it's not purely a finance exercise
1) making forecasting and budget cycles faster and more efficient
2) allowing for modeling of multiple business scenarios (i.e. "what ifs")
3) connected planning across the organization so it's not purely a finance exercise
Anaplan Transforms Forecasting Processes
What do you like best about the product?
+ Real-time reports, cloud-based platform
+ One source of truth - eliminates versions of worksheet
+ Enables scenario forecasting
+ Product improvement - have been providing a continuous update on the functionalities
+ Great community - model builders collaboration of ideas
+ Data integration - either local (model to model) or third party Data source
+ One source of truth - eliminates versions of worksheet
+ Enables scenario forecasting
+ Product improvement - have been providing a continuous update on the functionalities
+ Great community - model builders collaboration of ideas
+ Data integration - either local (model to model) or third party Data source
What do you dislike about the product?
- Report Graphs
- History audit and tracking
- History audit and tracking
What problems is the product solving and how is that benefiting you?
1) Turn-around time of manual reports - greatly improved because of its real-time feature
2) Many versions of reports - Never worry if you have sent the wrong version of the report to your boss, as Anaplan can provide a single source of data.
3) Takes time to deploy an update or a bug fix - in Anaplan's Application Lifecycle Management (ALM), we now have a seamless deployment with no system down-time.
2) Many versions of reports - Never worry if you have sent the wrong version of the report to your boss, as Anaplan can provide a single source of data.
3) Takes time to deploy an update or a bug fix - in Anaplan's Application Lifecycle Management (ALM), we now have a seamless deployment with no system down-time.
Anaplan is a Powerful and Scalable Business Owned Tool
What do you like best about the product?
Anaplan provides a powerful calculation engine coupled with solid data integration options and user access security. Anaplan also comes loaded with front-end dashboarding that is suitable for the majority of use cases.
What do you dislike about the product?
The critical weakness of Anaplan is it's dashboarding, and more generally, its lack of customization options for formatting reports. The Anaplan product team is continuously providing updates to the dashboarding UI giving page builders more and more customization choices.
What problems is the product solving and how is that benefiting you?
In our organization, we are using Anaplan for our compensation forecasting and modeling. We also use Anaplan to report our AUM, key business metrics, and other ad hoc reports.
Powerful Planning Tool
What do you like best about the product?
The new user experience creates a very nice UX for end users. Anaplan has proven to be a great tool for end users looking to consolidate multiple excel models into one place. End users really enjoy the easy of use and simplicity of anaplan over their previous processes. The recent roll out of workflow is going to be a major improvement for end users and something long requested.
What do you dislike about the product?
Sometimes it can be challenging to get users to give up on excel and make the switch to Anaplan. There are some features long requested by the community that Anaplan has yet to implement. Dashboarding could benefit from the ability of more customization.
What problems is the product solving and how is that benefiting you?
I've worked on comp planning, management fee, FP&A, cost allocations, carried interest, and real estate development implementations using Anaplan. It has proven to be a very useful tool over a wide variety of use cases.
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