Anaplan
Anaplan LimitedExternal reviews
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Highly collaborative and customizable modelling software
What do you like best about the product?
How customizable it is. Companies can replicate their business processes with minimum to no compromise. It is one of the few tools on the market (with Excel) with this level of customization.
Anaplan is probably second only to Excel in project development time, it is incredibly fast.
Finally, given that it is a formula-based tool, there is no scripting needed so anyone can pick it up.
Anaplan is probably second only to Excel in project development time, it is incredibly fast.
Finally, given that it is a formula-based tool, there is no scripting needed so anyone can pick it up.
What do you dislike about the product?
The user interface. Even though Anaplan has invested a lot of time and effort over the last couple of year to improve it (new user experience, management reporting,...) I don't believe it's quite there yet.
Simple things are still missing.
Additionally, proper workflow capabilities need to be re-introduced (Anaplan did release a v.1 in 2020).
Simple things are still missing.
Additionally, proper workflow capabilities need to be re-introduced (Anaplan did release a v.1 in 2020).
What problems is the product solving and how is that benefiting you?
Problems: siloed business processes, difficulties to consolidate the figures, multiple data sources, manual calculation/template errors, no audit trail, no data security
Benefits: time savings, live consolidated figures, single source of truth, accurate and correct calculations, advanced audit and security capabilities
Benefits: time savings, live consolidated figures, single source of truth, accurate and correct calculations, advanced audit and security capabilities
Highly recommended Financial Planning tool with great product features
What do you like best about the product?
Anaplan's constantly evolving features added on to its core functions
What do you dislike about the product?
Some of the newly introduced features were buggy. Could benefit from additional testing
What problems is the product solving and how is that benefiting you?
Data centralization and alignment across the business. Planning and forecasting sales.
Recommendations to others considering the product:
Ideal to work with an Anaplan Partner for your first implementation.
I have used Anaplan since 2014 and implemented Anaplan since 2017.
What do you like best about the product?
Anaplan is a great tool to create forecasting models in. It allows end users a single source of truth and the ability to see real time update to their assumptions.
What do you dislike about the product?
Sparsity is an issue, which results in having to build models using flat/concatenated logic which is overly complex. If sparsity wasn't an issue the models can be easier to implement and easier for end users to adopt.
What problems is the product solving and how is that benefiting you?
Various problems. I have used Anaplan for FP&A forecasting for business unit P&L's which included driver based forecasting models for Cost of Sales and Distribution expense.
Recommendations to others considering the product:
Ensure you allow adequate time to implement Anaplan. Companies tend to underestimate the amount of time and the number of resources it will take to implement Anaplan which results in the creation of suboptimal models and/or low end user engagement.
Connected planning and scenario analysis
What do you like best about the product?
Anaplan provides a stable environment that copes with big data sets well. I also love how easily models can connect and share data, elminating spreadsheets from our planning process. Anaplan is always adding new features and enhancements to the platform.
What do you dislike about the product?
A desire for employees to want to learn Anaplan modeling skills is key to a successful implementation unless there is a central function for model maintenance or dedicated Centre of Excellence.
What problems is the product solving and how is that benefiting you?
Anaplan is a great alternative to Excel. It has allowed us to streamline processes and reduce modelling error risks. Coinnected planning, where data can easily be shared between models, has eliminated the need for Excel files when consolidating business unit results into the Group Budget.
Scalable, powerful solution across various department, time commitment required to get it right
What do you like best about the product?
Use case agnostic tool, easy to scale across different departments. Allows a user-friendly audit trail of all changes in the model. Powerful engine that can replace huge unsustainable excel sheets.
What do you dislike about the product?
Initial model implementation requires support from an implementation partner. Allows training of end-users during the build, but takes a significant amount of time to become self-sufficient.
What problems is the product solving and how is that benefiting you?
Standardization of modeling approach across different units. Ability to quickly access/extract centralized data and use it for various recurring or ad-hoc analyses.
Great Tool for Scenario Planning
What do you like best about the product?
Real time calculation and ease of model set up make Anaplan an ideal tool for scenario planning compared to other tools and allow end-users to move away from using excel
What do you dislike about the product?
Anaplan workspace doesn't have the capacity to store multiple years of data at a lower level of detail, so we need to use other reporting tools to support building trend report or deep-dive analysis.
What problems is the product solving and how is that benefiting you?
Using the tool for different Finance use cases, such as What-if analysis, Planning and Budgeting, and Profitability modeling
The data hub provides a single source of truth for master data
The timestamp in Action setting supports data auditing
The data hub provides a single source of truth for master data
The timestamp in Action setting supports data auditing
Recommendations to others considering the product:
Anaplan is a great tool for real time data and forecasting scenarios. The user experience has been improving a lot over the year with the introduction of anaplan UX, which helps developers set up more visually appealing reports for end-users. However, without the capability of handling multiple years of transactional data due to space limitations, there is a need to integrate anaplan with other reporting tools more well-suited to represent the data
A complete solution for Supply Chain Planning
What do you like best about the product?
User friendly
Flexibility
Fast
Capability to simulate all value chain
Flexibility
Fast
Capability to simulate all value chain
What do you dislike about the product?
need to build all from scratch
some features are missing, like workflow with notification
some features are missing, like workflow with notification
What problems is the product solving and how is that benefiting you?
Plan all Supply Chain from Demand Planning to Distribution, including procurement
Best Enterprise Planning Product
What do you like best about the product?
Implementation in multiple ways, easy to use and administer the tool. Very flexible and best user experience
What do you dislike about the product?
Actions Tab column size not being flexible
What problems is the product solving and how is that benefiting you?
Any planning scenarios, integrations. Benefited the way of planning, challenging the way of plannning
A great tool for building business apps.
What do you like best about the product?
- Fast development time
- Ease of use
- Is a blank canvas where you can do anything
- Good performance
- Slick user experience
- Ease of use
- Is a blank canvas where you can do anything
- Good performance
- Slick user experience
What do you dislike about the product?
- Data integration capabilities could be stronger
What problems is the product solving and how is that benefiting you?
- Disclosure Reporting: Meeting complex disclosure requirements in a transparent way and saving team members time to complete said processes.
- Connected Planning: Streamlining the planning process while allowing for more data points to be captured, which means that the walk from the previous cycle to the next can be automatically generated (rather than manually pieced together).
- Connected Planning: Streamlining the planning process while allowing for more data points to be captured, which means that the walk from the previous cycle to the next can be automatically generated (rather than manually pieced together).
Works for us and could work for you!
What do you like best about the product?
Anaplan is very flexible and powerful. The fact that it allows real-time calculating with no processing time and online collaboration is a huge benefit of this application.
What do you dislike about the product?
Anaplan could still improve its dashboarding and charting capabilities. While they are present, there are still some gaps in the charting that other solutions (excel) have.
What problems is the product solving and how is that benefiting you?
I have solved many problems with Anaplan across various use cases both internally at my company and for our clients. From Agile Tracking to Recruiting Reporting and Sales Planning, Anaplan has shown it can do it all!
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