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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
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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.
Anaplan the future of enterprise performance management - better than excel!
What do you like best about the product?
Anaplan is a platform like no other.
It can be described as and related to a version of excel - an excel on steroids without the side effects and complete governance.
Anaplan is a smart multi dimensional calculation engine which leverages relationships in your data to plan smarter.
Why is the governance aspect so important - because with great power comes great responsibility and the Anaplan platform handles this well.
Anaplan is extremely flexible, it uses your business logic, it is not a black box of hard codes.
Anaplan creates your vision and makes it a reality because it is a fully customized product.
Anaplan listens to its community of users and uses their feedback to influence the design of enhancements.
Learning Anaplan is free (license is required to build but all materials are free).
Anaplan has community where you can discuss designs and share your ideas with peers.
Anaplan is the only tool I know of that truly achieves connected planning - connecting your business models together to better understand the performance of your business.
You can build planning applications very quickly in Anaplan - weeks and months not years!
It can be described as and related to a version of excel - an excel on steroids without the side effects and complete governance.
Anaplan is a smart multi dimensional calculation engine which leverages relationships in your data to plan smarter.
Why is the governance aspect so important - because with great power comes great responsibility and the Anaplan platform handles this well.
Anaplan is extremely flexible, it uses your business logic, it is not a black box of hard codes.
Anaplan creates your vision and makes it a reality because it is a fully customized product.
Anaplan listens to its community of users and uses their feedback to influence the design of enhancements.
Learning Anaplan is free (license is required to build but all materials are free).
Anaplan has community where you can discuss designs and share your ideas with peers.
Anaplan is the only tool I know of that truly achieves connected planning - connecting your business models together to better understand the performance of your business.
You can build planning applications very quickly in Anaplan - weeks and months not years!
What do you dislike about the product?
Like with every tool there are limitations however it must be said that Anaplan is constantly working on a roadmap of new improvements to remove the limitations.
Anaplan is not the best reporting tool, it's primary purpose is as a calculation engine but it does connect directly to tableau to allow you to produce better reports.
Anaplan is not the best reporting tool, it's primary purpose is as a calculation engine but it does connect directly to tableau to allow you to produce better reports.
What problems is the product solving and how is that benefiting you?
Building driver based forecasts and at the lowest level on a global scale - bottom up and top down!
Creating the ability to run scenarios across the whole business and understand the impact very quickly.
Automating repetitive reporting process.
Building a new standard to report against and saving time while doing it.
Creating the ability to run scenarios across the whole business and understand the impact very quickly.
Automating repetitive reporting process.
Building a new standard to report against and saving time while doing it.
Anaplan experience/review
What do you like best about the product?
Opportunities, flexibility, connected planning are the two top words for me and where the technology excels when compared to others.
Deploying and connecting different use cases provides the biggest benefits.
Deploying and connecting different use cases provides the biggest benefits.
What do you dislike about the product?
Creating good models and visualizations isn't as easy.
Managing sparsity properly is an art and can add technical complexities.
Managing sparsity properly is an art and can add technical complexities.
What problems is the product solving and how is that benefiting you?
I used Anaplan on different use cases from FP&A to Real Estate and Commercial Planning including connected business plans and global rollouts.
When compared to other solutions the speed of implementation, out of the box functionalities and flexibility of the tool are impressive. This means the Business is enabled to react quickly and effectively to internal and external changes - to me this is the biggest benefit.
When compared to other solutions the speed of implementation, out of the box functionalities and flexibility of the tool are impressive. This means the Business is enabled to react quickly and effectively to internal and external changes - to me this is the biggest benefit.
Anaplan for Finance Planning Space
What do you like best about the product?
The solution is Easy to Implement with Less dependency on IT.
Solutions can be implemented as quickly as 1 week and can be done by existing Business user with Technical know-how.
Huge Time and Cost benefit to companies.
Cloud based technology, so does not require installing or maintaining software.
Upgrades come with zero cost and no IT involvement.
Excel Add-In has been improved and is an advantage to users who are not willing to move away from Excel.
Many Planning Formulas are included which are hard to create or not available in Excel.
Solutions can be implemented as quickly as 1 week and can be done by existing Business user with Technical know-how.
Huge Time and Cost benefit to companies.
Cloud based technology, so does not require installing or maintaining software.
Upgrades come with zero cost and no IT involvement.
Excel Add-In has been improved and is an advantage to users who are not willing to move away from Excel.
Many Planning Formulas are included which are hard to create or not available in Excel.
What do you dislike about the product?
Reporting can be improved
Would like to see more frequent Product updates
Free API connectivity is limited and not end user friendly.
Model sizing is another limitation, any solution has to be developed with size in mind.
No single way to solve a problem, which leads to inconsistent model building.
Need to improve connectivity to many widely used platforms. ex. Power BI
Would like to see more frequent Product updates
Free API connectivity is limited and not end user friendly.
Model sizing is another limitation, any solution has to be developed with size in mind.
No single way to solve a problem, which leads to inconsistent model building.
Need to improve connectivity to many widely used platforms. ex. Power BI
What problems is the product solving and how is that benefiting you?
Finance Planning for the entire company.
Replacing many legacy systems which are either outdated or not user friendly.
Bringing all Regions and Planning function into one single platform.
Improved Data accuracy by adopting the PLAN and DISCO methods.
Having a Hub has helped us achieve one single Source of Truth.
Replacing many legacy systems which are either outdated or not user friendly.
Bringing all Regions and Planning function into one single platform.
Improved Data accuracy by adopting the PLAN and DISCO methods.
Having a Hub has helped us achieve one single Source of Truth.
Ultimate flexibility
What do you like best about the product?
Despite being primarily used for finance and sales, Anaplan isn't limited to those areas. Because it can be used as the primary forecasting engine throughout the business, it can enable collaboration between teams in ways that multiple point solutions can not.
What do you dislike about the product?
The platform has a steep learning curve that requires heavy investment upfront. Many customers underestimate this and just tell their junior analysts to learn everything while also doing their day jobs, while the primary decision makers are not involved in learning the platform and ensuring that their ideas are considered in the design process.
What problems is the product solving and how is that benefiting you?
We're able to more dynamically review the state of the business than we can using spreadsheets.
Anaplan Enables Business Led Connected Planning
What do you like best about the product?
Anaplan allows us to have an agile approach to our financial planning. Moving out of excel allows us to be more collaborative (real time calculation through HyperBlock technology), drives consistency across calculation and modeling approaches and allows us to move faster. Analysts are able to easily learn the tool as it has similarities to Excel (but so much more powerful) so you are not reliant on third parties to build and maintain your models.
What do you dislike about the product?
There are some feature enhancements I would like to see in the tool such as filtering/displaying list properties, native integration/scheduling functionality, additional history reporting features, and in app formula hints/guidance (similar to excel). I don't have any major complaints about the application.
What problems is the product solving and how is that benefiting you?
We are using Anaplan to facilitate all of our corporate financial planning and forecasting activities. Having this tool has allowed us to create a consistent approach and moved us away from using disparate tools. We have better data quality, improved usability, and are now able to have our entire organization reporting off of a consistent data set. We've eliminated hours of manual updates to create reports for business leaders.
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