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Amazingly flexible. Huge benefits for the organization if done correctly
What do you like best about the product?
Flexibility. Can model any business process and function. No coding so development is fast and can be done within the function.
What do you dislike about the product?
Not a Anaplan problem per se but in order to get the most out of the product, you need capable resources. Anaplan is not a plug & play system.
What problems is the product solving and how is that benefiting you?
Cost allocations, subsidiary FP&A, workforce planning, KPI administration, Sales Planning.
All of these are done in Anaplan. All of them are connected so having a single source of truth saves us a lot of time. The functionalities we have in these models couldn´t be done in any other (single) platform.
All of these are done in Anaplan. All of them are connected so having a single source of truth saves us a lot of time. The functionalities we have in these models couldn´t be done in any other (single) platform.
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Anaplan: Scalable, Customizable, but Expertise Required for Success
What do you like best about the product?
Anaplan allows for finance teams to have a single source of truth for budgeting. Being a cloud-platform, hundreds of users can work on a single budget plan at a time. As a sandbox modeling platform, custom models can be developed to accommodate a host of planning needs.
What do you dislike about the product?
The learning curve for modeling in Anaplan is steep. A Center of Excellence needs to be established and granted autonomy to govern data flow, model interactions, and model building best practices.
What problems is the product solving and how is that benefiting you?
Anaplan solves the pain point of budgeting in excel models that are unreliable and prone to version control issues. Anaplan allows end users to see data updated on daily basis from source ERP systems, and inputs from other users are shown in real time. This allows finance teams to build budgets collaboratively and in less time, with less headache / confusion.
4yr+ Anaplan Developer Review
What do you like best about the product?
The flexibility of Anaplan is both the best. There is no out of the box Anaplan solution, meaning each implementation requires a dedicated team / external resource to create a solution and each solution can be customized/built for with a sustainable process in mind.
Used correctly, Anaplan can be an extremely powerful tool for breaking down siloed planning and drive meaningful cross-functional conversation across an enterprise.
While not perfect, Anaplan has grown in it's ability to move data in/out of the platform without relying on middleware. The Amazon S3 connector for example, has proven to be incredibly useful for our business.
Used correctly, Anaplan can be an extremely powerful tool for breaking down siloed planning and drive meaningful cross-functional conversation across an enterprise.
While not perfect, Anaplan has grown in it's ability to move data in/out of the platform without relying on middleware. The Amazon S3 connector for example, has proven to be incredibly useful for our business.
What do you dislike about the product?
The flexibilty, while being an unbelievable benefit, is a double edged sword. Solutions nede to be carefully designed to enable a sustainable solution.
Anaplan is also not the best tool for high intensity data transformation and highly spare data sets. When using data that has more than 3 or 4 large dimensions (customer id, product id, country, etc.) . Anaplan offers a high sparsity instance (called Polaris), but Polaris modelling is slightly different from the classic calculation engine, and our current Polaris build has required lots of communication with the Anaplan support team as we have run into a few kinks.
Anaplan is also not the best tool for high intensity data transformation and highly spare data sets. When using data that has more than 3 or 4 large dimensions (customer id, product id, country, etc.) . Anaplan offers a high sparsity instance (called Polaris), but Polaris modelling is slightly different from the classic calculation engine, and our current Polaris build has required lots of communication with the Anaplan support team as we have run into a few kinks.
What problems is the product solving and how is that benefiting you?
We use Anaplan for budgeting and forecasting, our financial statements, corporate consolidations, workforce management and headcount operating expense management.
Best in class connected planning tool to transform the way you analyse your business
What do you like best about the product?
A very valuable, scalable and powerful platform. It was is very to implement and can be implemented on very short time scales to deliver value quickly. Anaplan are constantly developing new features to improve the product.
What do you dislike about the product?
There is some capacity issues when working on extremely demanding usecases such as consolidation, where granularity is required, however this can be solved by making smarter design decisions.
What problems is the product solving and how is that benefiting you?
Anaplan is the best in class tool to help organisations achieve connected planning, bringing together all the business fuctions to work towards having a single source of truth.
Sharing the same data and plans across the business leads to accurate decision making.
Sharing the same data and plans across the business leads to accurate decision making.
Anaplan is Flexible and Powerful, But Does Not Require Technical Expertise or Coding
What do you like best about the product?
Excel is great when you are working by yourself, but as you start to collaborate with colleagues and add enterprise-level amounts of data the cracks start to show. Anaplan gives you the same flexibility to build whatever you need, but with enterprise-level information system guardrails for things like security, auditability, change control, etc.
What do you dislike about the product?
The initial price point is pretty high. It is hard for organizations to inexpensively do a Pilot or Proof of Concept. I would like to see them offer an inexpensive 90 or 180 day option for 2-4 users with Model Builder access to accelerate adoption.
What problems is the product solving and how is that benefiting you?
Anaplan helps our clients connect their Financial planning with Operational planning. We hear over and over again from our clients that they are able to forecast more frequently and more accurately because the Anaplan solutions we configure for them reduce the time to forecast and plan.
Fantastic Tool for Planning
What do you like best about the product?
Similar to Microsoft Excel, Anaplan is a blank sheet that allows you to build whatever you like. Anaplan handles massive amounts of data, in a connected fashion, which is extremely valuable.
What do you dislike about the product?
Users are typically coming from Excel, I wish Anaplan had more Excel-like features like in-cell formulas for users, expand/collapse, same filter style, etc.
What problems is the product solving and how is that benefiting you?
My customers see a massive time savings with Anaplan. There are no more consolidations of their excel models, which is also prone to formula errors etc. They can focus on what the numbers mean versus are my numbers rolling correctly.
Anaplan- A powerful forecasting tool
What do you like best about the product?
Multi-dimensional modeling capability, powerful UX, Low code cloud-based tool, Good Anaplan support, Integrated AI capabilties, Management reporting , Excel and PowerPoint add-ins
What do you dislike about the product?
Model size and Model performance can be a challenge.
No selective migration of code from DEV to higher environments.
No selective migration of code from DEV to higher environments.
What problems is the product solving and how is that benefiting you?
End-to-end connected view of the business with clear KPIs and decision rights.
AI-based analysis, scenario planning and adjustment tracking with automated data feed.
Real-time collaborative platform with embedded narratives and powerful data visualization.
AI-based analysis, scenario planning and adjustment tracking with automated data feed.
Real-time collaborative platform with embedded narratives and powerful data visualization.
Flexible Modeling Tool
What do you like best about the product?
I love how flexible it is and how many ways there are to solve a single problem. It really allows you to take an issue or pain point that you have having and create it in a an elegant, scalable, accurate solution.
What do you dislike about the product?
In recent years there has been a lot of information released about best practices, and sometimes the ways that we used to build are not best practice currently. It is imperative to build using best practices or you could face performance and concurrency issues.
What problems is the product solving and how is that benefiting you?
Anaplan takes generally disparate systems and processes and brings them together in a single platform. It helps the Analyst spend more time Analyzing the data and less time curating and wrangling the data.
Flexible, scalable, approachable tool!
What do you like best about the product?
Multi-dimensionality for data, ability to conduct scenario planning, collaborative and cloud-based platform
What do you dislike about the product?
Management style reporting is a new feature that still needs some work. The ability to execute iterative calculations similar to Excel is not present.
What problems is the product solving and how is that benefiting you?
The scalability and security issues faced when using Excel for budgeting and forecasting. Users can ensure integrity in a forecast without cell-by-cell formula references.
Get into connected planning with Anaplan
What do you like best about the product?
Anaplan has a potent calculation engine, which allows a very fast processing of information and allows you to connect different parts of the organisation; every process is auditable and you can set up a very detailed and easy-to-use security system, so users can only access specific data, even when seeing the same page as others.
What do you dislike about the product?
Anaplan requires someone with some knowledge of the tool, which can be hard to find in some markets. Also, you need to pay for the space used, so it is not suitable as a database.
What problems is the product solving and how is that benefiting you?
Anaplan allows you to process millions of data points in mere seconds, allowing an integration of data across the entire organisation and giving real-time updates on the planning process.
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