Anaplan
Anaplan LimitedExternal reviews
445 reviews
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Connected planning that automates budgeting and forecasting.
What do you like best about the product?
connectivity with all models and external source. Inputs connected to all other tables. New UX becoming a lot smarter compared to the old UX.
What do you dislike about the product?
lead time to build from scratch and inputting data is considerably slower compared to excel.
What problems is the product solving and how is that benefiting you?
siloed departments brought together, reducing amount of time spent on budgeting and forecasting.
Live changes to the figures making an instantaneous update to forecast number.
Live changes to the figures making an instantaneous update to forecast number.
Recommendations to others considering the product:
Highly recommend Anaplan as a tool to connect between various department and systems to do forecasting and budgeting.
Anaplan a pwerful cloud tool for planning and forecasting
What do you like best about the product?
- It's easy set-up - no dedicated server needed (no IT involvement needed)
- No coding skills are needed. Pretty much anyone that can build excel models can build models in Anaplan
- Granular read/write access control by user
- System of record
- Powerful and flexible
- Connected models
- No coding skills are needed. Pretty much anyone that can build excel models can build models in Anaplan
- Granular read/write access control by user
- System of record
- Powerful and flexible
- Connected models
What do you dislike about the product?
- Dashboard formatting
- Poor data visualization
- Slow to push community requested features
- When reaching the maximum size of the workspace, models tend to ger slower
- Poor reporting capabilities
- Poor customer support
- Poor data visualization
- Slow to push community requested features
- When reaching the maximum size of the workspace, models tend to ger slower
- Poor reporting capabilities
- Poor customer support
What problems is the product solving and how is that benefiting you?
We use Anaplan for planning and forecasting company-wide sales and revenue. It helps us consolidate inputs from different teams, regions and tools into a single platform, which makes the planning process more consistent and less reliant on spreadsheets. Before Anaplan, we used Excel, and it was hard to keep everything aligned—especially when we needed to update numbers or run different scenarios. Now we can do that much more easily and quickly. The main problems Anaplan helps us with are 1) Having multiple versions of the forecast/plan and not knowing which is the final one, 2) managing the read/write access to the forecast/plan, 3) when a new scenario modeling was needed, it would take us significant time, 4) loading data into our forecast tool (excel) was a manual and tedious process, 5) Updating presentation decks with the latest forecast/plan
Recommendations to others considering the product:
If you are looking for a platform that requires minimum effort to set-up and can provide the ttols needed for a fully connected planning, then Anaplan is ideal for you.
Scalable tool that is easy to use and adapt in various industries.
What do you like best about the product?
I have been using the platform for a little over 2 years. It is easy to use and very scalable. The tool can be used for a plethora of applications and modeling cases. Anaplan provides a lot of training resources for new users in order to bring them up-to-speed.
What do you dislike about the product?
The Lifecycle Management for the application is a little tricky. For example, if you make multiple changes in the Development environment, you cannot promote just a few of them into production. It is all or nothing. There are ways, though, to get around this limitation.
What problems is the product solving and how is that benefiting you?
We are using Anaplan for out annual budget process as well as out quarterly forecasting. We have created a few models (Data Hub, OpEx Planning, Project Planning, Workforce Planning), and always looking to expand them. From the first year of using this tool, we have realized tremendous savings in timing from thee submission of the budgets from the departments to the rollup and analysis by FP&A.
Recommendations to others considering the product:
Leverage the training that is provided by Anaplan! Additionally, there are several apps that are already created by Anaplan that you can use in order to jumpstart your implementation. If choosing to go with a partner for the implementation, ensure that you are heavily involved in the process and that you receive good documentation of all the modules and models that are built.
Generally very good experiences with Anaplan, constant advancements are encouraging
What do you like best about the product?
Flexibility to build complex models creatively. Options are endless if you know what you're doing.
What do you dislike about the product?
Implementation was difficult, hard to train model builders. Visualizations have been lacking, have seen improvement there on the new UX.
What problems is the product solving and how is that benefiting you?
Creating budgets and monthly forecasts across 70+ properties with 100+ people involved in the process. Replaced excel based processes that required lots of manual labor to consolidate. Easy to report anything up to executive committee and external investors in seconds.
Anaplan can be great (with a little effort)
What do you like best about the product?
Our users love the models we built. User acceptance was pretty fast.
What do you dislike about the product?
The standard security is very clunky. It is not designed for large numbers of users (especially with complex selective access) or segregation of duties (think SOX compliance type review). This can be overcome by building a model to manage the security and using integrations to transfer the updates, but does require significant additional work.
What problems is the product solving and how is that benefiting you?
We do our annual budgeting and continuous (!!) forecasting in Anaplan. We have been able to bring in multiple sources of data from our other key systems using scheduling tools and the native AnaplanConnect API. We send data back to our core GL system and then on to our consolidations engine for complex corporate and regulatory reporting.
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
User-Friendly with Room for Integration Improvement
What do you like best about the product?
I like how Anaplan allows many users to contribute, review, and perform analysis planning and scenario analysis. It's also fun to use and compared to other tools for similar applications, it's easier to be trained on. You don't need to know coding at all because it's more formula-based with drag-and-drop and clicking.
What do you dislike about the product?
I believe that integration is still a challenging area, even if there is now a new tool called ADO, which is supposed to help a lot. However, these and other tools come at an extra cost, so they are not available for all customers. More work is needed to enable seamless integration with many systems. Also, another relevant point is the ability to customize the outputs with more freedom, particularly the dashboarding for end users.
What problems is the product solving and how is that benefiting you?
I use Anaplan to collect data from all divisions, globally, enrich it, and project into the future. It allows many users to contribute, review, and perform analysis and scenario planning effectively.
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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