Anaplan
Anaplan LimitedExternal reviews
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A powerful & flexible tool
What do you like best about the product?
Anaplan's freeform platform platform allows users to build and scale the model to meet business needs. Because it's not an out of the box solution with specific use case constraints, we've been able to utilize Anaplan's platform for a multitude of cases. Combining this with data integrations, process actions, and being a collaborate cloud tool, it has been the backbone of our FP&A organization.
What do you dislike about the product?
While Anaplan has been great from a model builder and finance perspective, the reporting capabilities are lacking. Anaplan has made great strides with the new UX and Reporting for higher level management reporting, but there's still room for improvement for more data table heavy and variance/scenario reporting.
What problems is the product solving and how is that benefiting you?
Having a single source of truth, data integrity, removing process redundancies, and manually consolidating data.
I've found Anaplan to be an incredibly valuable and intuitive tool
What do you like best about the product?
I like Anaplan's easy-to-use interface, fast-paced product improvements, and interactive community.
What do you dislike about the product?
Integration with other platforms could be expanded/more effective (i.e. excel/powerpoint add-ins)
What problems is the product solving and how is that benefiting you?
I typically use Anaplan to solve for Sales Performance Management challenges - territory & quota planning, compensation modeling, account segmentation/scoring, etc.
Easy to implement with smooth end user adoption
What do you like best about the product?
Ease of model maintenance for admins. Model admins do not need to have extensive knowledge of coding language and can be adopted by any users that have a general background of financial modeling in previous roles.
What do you dislike about the product?
The reporting visualizations in Anaplan are not as extensive as some other reporting tools, however, they still get the job done.
What problems is the product solving and how is that benefiting you?
We are solving the problem of having end-users work in disparate excel spreadsheets that often require back and forth between operations and finance during the monthly reporting process, which causes costly inefficiencies in the business. Anaplan allows for uniform processes across the organization and creates efficiencies that allow operations to input forecasts while finance can review in real-time.
Anaplan
What do you like best about the product?
The ease if implementation and the flexibility of tool
What do you dislike about the product?
Integration with other ETLs was an issue.
What problems is the product solving and how is that benefiting you?
problem area was related to direct cash flow. We were able to decrease the manhours by 40% by using Anaplan.
Anaplan is a user friendly and flexible tool
What do you like best about the product?
Anaplan is user friendly and easy to navigate, both as an end user and developer. It is flexible and can adapt to different business scenarios. Functionalities can be built relatively quickly.
What do you dislike about the product?
There are limitations to functions and size of each model.
What problems is the product solving and how is that benefiting you?
I've solved problems such as sales forecast and financial planning with Anaplan. Benefits from using Anaplan for those use case ranges from cutting down the planning cycle time and transparency.
Anaplan has allowed for more collaborative planning across each organization I've implemented it at.
What do you like best about the product?
The platform has incredibly simple formulas that allow for both developers and business users to debug and correct any issues quickly. The ability to build a proof of concept model and further iterate off of that even after the primary developers have left creates an astounding amount of scalability for the product. Additionally through using Anaplan the companies I've worked at have all been blown away by the always on and always accurate nature of a cloud solution, especially where other products require significantly more downtime or refreshes to reflect large scale changes.
What do you dislike about the product?
Anaplan could improve on the use of custom time dimensions to maximize the efficacy of the platform without causing a significant burden for the development team. The switchover functionality and versions work well out of the box, but additional work should be done to help minimize data sparsity and maximize efficiency.
What problems is the product solving and how is that benefiting you?
I have worked on FP&A forecasting and budgeting solutions that have allowed for an entire enterprise to consolidate their planning process and significantly reduce the time to create an annual budget. Going from annual forecasting to nearly weekly forecasting. Additionally Anaplan has been instrumental at improving a Territory & Quota process at another company to standardize and regulate the way that employees are compensated for their work. In each implementation the result was that analysts and managers spent less time inputting the data and could spend more time reviewing and fine tuning their departments.
Recommendations to others considering the product:
Consider if you're company is actually ready for a large-scale transformation. No tool can do it all, but trying to build everything out in Anaplan or any currently available solution is likely to fail if you're moving current state processes, excel sheets, and unlimited granularity/flexibility to a new software.
A review of Anaplan from a consultant and customer relations perspective
What do you like best about the product?
Connected planning, best user experience, possibility to constantly enhance solutions.
What do you dislike about the product?
Cloud planning not having best reporting, NUX capabilities still have restrictions.
What problems is the product solving and how is that benefiting you?
Enterprises shifting their planning processes to a tool that can meet all their needs - every process can be clear and concise, and can seamlessly interact with the overall business processes
Recommendations to others considering the product:
If your enterprise is looking for the best way to integrate all its processes and collaborate on all levels of the business involvement, Anaplan is the tool to go to.
A highly customizable connected planning solution that is able to support multiple use cases
What do you like best about the product?
A single platform that brings data and people together onto one platform, that is continuously improving in functionality and user experience.
What do you dislike about the product?
While being a flexible solution, it does not have some of the more complex capabilities of bespoke solutions that are specific to certain use cases and industries.
What problems is the product solving and how is that benefiting you?
Anaplan has helped to improve the Planning, Budgeting and Forecasting, Sales & Operations Planning Capabilities of many of our clients.
One of the greatest benefits that have been realized for many of our clients is bringing many people onto one platform, and greatly reducing the excels being used in their organizations, removing unmaintainable models, and large amounts of file sharing through emails.
One of the greatest benefits that have been realized for many of our clients is bringing many people onto one platform, and greatly reducing the excels being used in their organizations, removing unmaintainable models, and large amounts of file sharing through emails.
How Anaplan provides a success planning model
What do you like best about the product?
App hub is the part that I like best that can provide people a high possibility of viewing potential functions they will have and give users flexibility to download and reconfigure based on business requirements. Also, the dashboarding is a very good feature that Anaplan has, it provide the possibility that user can see the immediate impact derived from the driver or assumptions. There's no need to move across a bunch of sheets to visualise the result.
What do you dislike about the product?
The only thing that I would say dislike for Anaplan is the new user interface. It's a good feature that provides better user experience but not all functionalities are well developed so far, some functions of traditional dashboarding are not supported in the NUX. Therefore this is a part that Anaplan can keep developing and provide more possibilities.
What problems is the product solving and how is that benefiting you?
We solved a bunch of problems that clients have. The key benefit that we can take from Anaplan is the well organised planning approach for each end user roles. It's not a tool developed for single admin or only for CEO, it takes care of all users and provide very good navigation and path for everyone in the company. Also, the dashboard collaborates necessary information in same place that users can easily navigate or move to the page that they'll need to use or review.
Worked with Anaplan as a Partner for 3 years.
What do you like best about the product?
I like how easy it has been to connect multiple Anaplan models together so business data can be shared easy between groups. It has been seamless for users around the world to be in the system and collaborate.
What do you dislike about the product?
It is not the best system for visualizations. Users often cannot view the data in formats that they would like, and there are sometimes functionalities that they see in excel that do not carry over into Anaplan that makes it difficult for them to view the data.
What problems is the product solving and how is that benefiting you?
I am working with financial reporting and the problems we have been tackling are eliminating large excel files that need to be updated by global users. The benefits have been to consolidate large amounts of data, run calculations against them, and have users all over the world be able to quickly view and assess their financial reports.
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