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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Replacing many legacy systems which are either outdated or not user friendly.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Replacing many legacy systems which are either outdated or not user friendly.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.
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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.
Anaplan leading the way in Connected Planning framework
What do you like best about the product?
Anaplan may probably be initially though of as another planning tool. However, its strategic planning approach for using the tool, the online training, the project approach during implementation projects, and the openness and desire of the Anaplan staff to assist are what I think are the key things that make the company successful.
I especially like the focus on the Connected Planning framework where it almost forces business to rethink their internal processes and highlights that its internal teams (e.g. sales, supply chain, marketing, finance) have to work together and plan together to provide the best possible results for the business as a whole.
I especially like the focus on the Connected Planning framework where it almost forces business to rethink their internal processes and highlights that its internal teams (e.g. sales, supply chain, marketing, finance) have to work together and plan together to provide the best possible results for the business as a whole.
What do you dislike about the product?
The new UX (user interface) is still maturing and is not yet at a level that they themselves are completely happy with although it is already provides a good base for generating powerful reporting and user interaction for planning and reporting purposes over multiple devices.
Some technical aspects of referencing data from source module and using them in a target module can still sometimes be complex and confusing even for seasoned users. A simplification of this process would be greatly welcomed by all model builders and would only enhance the already great tool that it is.
A simplification of the more advanced data integration process would also be a welcomed change.
Some technical aspects of referencing data from source module and using them in a target module can still sometimes be complex and confusing even for seasoned users. A simplification of this process would be greatly welcomed by all model builders and would only enhance the already great tool that it is.
A simplification of the more advanced data integration process would also be a welcomed change.
What problems is the product solving and how is that benefiting you?
As a consultant assisting business clients in their planning and reporting requirements, Anaplan was instrumental in assisting several of my customers in moving away from their extensive use of Excel spreadsheets and inconsistent and unstructured planning and reporting processes.
In most instances, the Anaplan projects I have managed have required me to guide the customer to moving to more robust, simplified and structured processes to enable them to gain the most from implementing a tool like Anaplan.
Shorter, simplified month end reporting processes, intuitive driver-based planning processes, focused and parameterised reporting are some of the benefits realised by customer base.
In most instances, the Anaplan projects I have managed have required me to guide the customer to moving to more robust, simplified and structured processes to enable them to gain the most from implementing a tool like Anaplan.
Shorter, simplified month end reporting processes, intuitive driver-based planning processes, focused and parameterised reporting are some of the benefits realised by customer base.
Anaplan provides strong use cases across multiple industries
What do you like best about the product?
The live calculation engine allow users to see the effects of their updates in real time, which places Anaplan at the top tier of planning solutions. Centralizing information also allows users to view changes from other parts of our organization, which drives more efficient planning cycles and communication among departments.
The new user experience is also industry-best. Dashboarding translates cleanly to the mobile application, and on-screen views are professional and effective for communicating data to higher level users.
I have been involved with Hyperion and TM1 implementations in past roles, and Anaplan is by far the easiest and fastest to implement. Changes on-the-go are also very efficient to roll out, which is not the case with more complicated and less-sophisticated platforms. For organizations that experience dynamic lines of business, Anaplan is an ideal solution for quickly developing what-if scenario analysis to reduce uncertainty and promote smarter forecasting.
The new user experience is also industry-best. Dashboarding translates cleanly to the mobile application, and on-screen views are professional and effective for communicating data to higher level users.
I have been involved with Hyperion and TM1 implementations in past roles, and Anaplan is by far the easiest and fastest to implement. Changes on-the-go are also very efficient to roll out, which is not the case with more complicated and less-sophisticated platforms. For organizations that experience dynamic lines of business, Anaplan is an ideal solution for quickly developing what-if scenario analysis to reduce uncertainty and promote smarter forecasting.
What do you dislike about the product?
Managing large amounts of data presents a challenge at times. Due to Anaplan's configuration as a planning tool, there is a trade-off between calculation speed and data storage capabilities. Many times, our users would like to see highly specific, transaction level details within Anaplan, but due to the size of our organization, this is generally an impossible task to accomplish without exceeding the maximum allowed workspace size parameters.
Reporting is also not a strong suit for Anaplan. Most of our users are used to more flexible ad-hoc reporting similar to what is offered in Excel from Hyperion or TM1, so creating reports to match the capabilities of other tools often presents challenges. However, as with all things in Anaplan, the more time you spend in the system as a developer, the more you are able to find solutions for previously unsolvable problems.
Reporting is also not a strong suit for Anaplan. Most of our users are used to more flexible ad-hoc reporting similar to what is offered in Excel from Hyperion or TM1, so creating reports to match the capabilities of other tools often presents challenges. However, as with all things in Anaplan, the more time you spend in the system as a developer, the more you are able to find solutions for previously unsolvable problems.
What problems is the product solving and how is that benefiting you?
In my work, my clients have solved issues around workforce planning, financial analysis, executive reporting, Capex and depreciation, cost allocations, real estate investment and property management, data integrations, and model security management. All of these areas have added significant efficiency around our planning cycles (reduced forecast/budget completion time, better communication across departments, greater visibility into cost savings drivers).
Recommendations to others considering the product:
Your success with Anaplan is measured by the amount of knowledge and investment you make in learning the platform. Any company needs to invest in a full-time staff to support the system, which will increase user adoption as well as grow the use case potential within the organization. I have yet to run into a situation that cannot be solved with Anaplan, but it took time, creativity and an architectural focus to design solutions that had not yet been discovered by other developers.
Anaplan - Continues to Outperform with Connected Planning
What do you like best about the product?
I believe that Anaplan is an outstanding software that provides its customers the ability to create a completely customized atmosphere for their planning experience. Where that be FP&A, Sales and Operations, or Quota & Territory planning, Anaplan provides a unique solution that makes data management and forecasting easy. Specifically for me, I love the ability of Anaplan to be used as our central FP&A planning model that we are continuing to expand and build on with each day. It is great to see our end-users get into Anaplan and be able to easily use the software without the stress of saving down a bunch of different excel files. Overall Anaplan has been a fantastic software for out team and we can't wait to continue to use and build upon it.
What do you dislike about the product?
Overall Anaplan has been a great software for my company, providing a unique solution to our business needs and the way we want to plan. While every software has its quirks, Anaplan is great about laying out this eccentricities and making sure that while the software runs a certain way, there are workarounds and that the Anaplan team is working on making it easier to use. These quirks in the model can be sometimes hard to explain to an end-user who is used to Excel or Google Sheets, and does not understand the nature of the hyperblock or the way that Anaplan's software will approach a formula to try to calculate that. While it can be frustrating, Anaplan has great documentation and educational tools that we use with our end users to be able to get them to understand how the system works.
What problems is the product solving and how is that benefiting you?
We are able to help solve a lot of our problems that we experienced as a team with Anaplan. The first thing is that we can have multiple end-users working in the same module updating information without it crashing or causing any delays for the users. Additionally, we are able to house our entire model in this software, and when we start to create new analytical reports or want to build out a new way to forecast something, we have all the building blocks all ready to go. Anaplan's excellent capability to ingest data has also allowed us to automate so much of the manual labor we spent hours doing. This has improved efficiencies for our team and allowed us to be more agile in making business decisions.
Recommendations to others considering the product:
I think that Anaplan can provide a very unique solution to companies. When evaluating Anaplan, I believe that it is important to make sure that you have the data infrastructure and time to build out the model. That is the heaviest lift, and can come with complications. Once you set up your customized models, Anaplan will provide a great planning solution.
Forecasting transparency with Anaplan
What do you like best about the product?
The flexibilty and the speed of implementation
What do you dislike about the product?
Out-of-the-box ETL possibilities are limited
What problems is the product solving and how is that benefiting you?
Transparent company wide forecast in real time
Extensive Capabilities, Connectivity, and Agility
What do you like best about the product?
I like how flexible the system is to make constant improvements to our model and address changing business needs. The Covid crisis is a great example where new urgent requests have arisen, and we have been able to quickly build out new data integrations and business analysis to enable timely decisions for senior leadership.
What do you dislike about the product?
My primary dislike is the way the system temporarily locks for all users of a model when an admin makes a small error, such as a formula set to the wrong format. The length of the lock depends on the size and complexity of the model, but you can easily toast a model for several minutes.
What problems is the product solving and how is that benefiting you?
We have improved our planning and reporting with Anaplan, with both speed and flexibility. We can also easily add new use cases and connect data across models. We have been able to help solve urgent business needs as well by have the ability to build out new analysis without the need to rely on consultants.
The one tool to drive the sales forecast and modelling.
What do you like best about the product?
Anaplan have driven a great sales modelling in our business allowing us to achieve more time seizing modelling with effective management. The way it can be customized for a total needs of the customers and fits in accordance to the company requirements is seemingly amazing. We can patch up several tasks and integrates them all together to create a channel of sales in the best possible way. It allows the complete control over your designed protocols and even allows the changes onward. The way we can see through our inventory , sales forecast , reporting and complete control over sales model is seamlessly amazing. We can design custom lists adds different annotations which fits best to our business model. This is a real-time data modelling data designed to adapt to users requirements in efficient way.
What do you dislike about the product?
The learning curve for this tool is quite steep which made most of the users out there redundant from using this tool. One with deep knowledge and proper analysis can design the modelling and listing far superior than any other tool can. The only limitations apply here is the users knowledge and ability to synchronize things. The technical support also needs a huge shout out because they need to improve their services. Most of the staff and support team lacks advance knowledge and missed the working pattern form users perspective. They need to put in lots of efforts in order to make it practically viable and usable for new users.
What problems is the product solving and how is that benefiting you?
Anaplan creates a stream velocity for the sales forecast and how one I can innovate the whole procedure based on learning and adapting to this tool. So far we have achieved perfection in our sales compensation , inventory management, and listings modifications and sales planning. All of these simplifies our working procedures and facilitates in our working. We wants to manage the changes in real-time adjusting our sales being adhering to seasonality or specific events. It let us easily manage our budgeting and forecasting with our sales streak which can be managed in a balance way providing us with extra capable working patterns.
Anaplan for Sales is a cloud based sales automation solution for marketing business.
What do you like best about the product?
Anaplan for Sales has produced an amazing results in the sales forecast because it is used for marketing and all of its tools are perfectly assembled. We can also get the benefit from the marketing communication which builds a reliable relation among team members and clients. It has the great ability to see prospects engaged far past the standard email tracking tool. Anaplan for Sales also easily allow us to open the different pages at in a single platform because it has a great electronic integration capability that all comes together to reduce speed bumps in the sales process. Anaplan for Sales has all packed features with the great integration and it also provides the great customer support for our business.
What do you dislike about the product?
The main drawback about this software is that the setup and customization process of Anaplan for Sales is not very simple because of its difficult functions. Anaplan for Sales features are very difficult to share via real-time mobile and email alerts every time proposals are viewed or forwarded. In addition, Anaplan for Sales software cannot create a content repository for swift access to relevant knowledge resources requisite to create sales proposals. The main drawback about this tool is that Anaplan for Sales does not come with any additional instructions on addition of any new features which puts forward a steep learning curve for the new users.
What problems is the product solving and how is that benefiting you?
Anaplan for Sales is a cloud-based sales automation solution that enables sales professionals to pitch, propose and close deals. It can help create online presentations, design proposals, manage contracts and analyze contract performance. I am using it daily for marketing automation for different marketing campaigns for different team members and I found this platform very helpful and amazing. Anaplan for Sales is best for team management because I can easily manage my team and business also it has great reporting functionality to customize the deals in a very effective way.
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