Anaplan is a scenario planning and analysis platform designed to optimize decision-making in complex business environments so that enterprises can outpace their competition and the market. By building connections and collaboration across organizational silos, the Anaplan platform surfaces key insights.
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Budgyt
Score 8.6 out of 10
Mid-Size Companies (51-1,000 employees)
Budgyt is a dynamic FP&A platform that simplifies budgeting, forecasting, and reporting. It offers a single source of truth for CFOs and finance teams to integrate financials, streamline processes, and manage multiple departments.
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Pricing
Anaplan
Budgyt
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Anaplan
Budgyt
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
Optional
Required
Additional Details
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Contact for pricing quote. Multi-year and non-profit discounts are available.
Anaplan vs Oracle Hyperion - Anaplan is far better calculation engine and way more modern. However, Anaplan still struggles to provide reporting, especially adhoc reporting in excel based off a data model.
Anaplan vs Pigment - Anaplan is a more proven product, however, Pigment …
Anaplan is easier to implement, easier to use, easier to maintain than these tools. It scales easily with the business. Workflows are easy to implement. It is easy to drill down and understand how the tool obtained a specific result, giving confidence in its calculations. …
Easy of use is Anaplan's main advantage. As Anaplan is code-less configuration, and the logic for model building is by far the simplest, it would make the learning curve less steep. This is very important when we are showing our clients that, their complicated planning scenario …
Anaplan is one of the only tools flexible to handle bespoke commission calculations. In addition to Sales Performance Management, Anaplan can be used to support other business functions, such as workforce planning or financial planning & analysis. Anaplan provides the …
Anaplan is a proven tool for scalable applications and is flexible to support multiple use cases. Its support is established and the user community is strong. Resources to support the product are readily available.
Anaplan is more powerful than Pigment considering that it is an Enterprise class system and is able to manage bigger data sets. Anaplan allows for advanced scenario modeling and formula capabilities along with custom reporting functionalities. Anaplan has proven its …
Anaplan and these other tools are very similar. I cannot say that I selected Anaplan over them as I have worked with and been involved with setting up a number of tools for clients. They all have their advantages and Anaplan is a very strong tool in the cloud planning space.
can be implemented across multiple use cases- also Anaplan is an enterprise solution. Had good reviews in market and also used by other competitors in industry
Both platforms are excellent but come with some challenges. They are often complex to configure and offer limited customization options. Their user interfaces are not very intuitive, and their reporting capabilities are somewhat restricted. The total cost of ownership is …
In my professional experience, I've exclusively worked with Anaplan. The tool's impressive features made learning it an ongoing, engaging process. Its continuous updates and capabilities kept me consistently learning and adapting, so I never felt the need to switch to a …
The tools generally fill different niches, Anaplan is the best for corporate and enterprise planning, OneStream's strengths are in Consolidations and working with large data sets by IT, and Pigment is a strong contender for finance teams at small organizations with less-defined …
Compared to OneStream and Venna Anaplan offers a more modern look and feel of the platform. It is better situated and maintained in regards of platform updates as it's a full SaaS software there are never any issues with the system version as it's always automatically up to …
Anaplan is using hyper block, so calculation is faster. The implementation of Anaplan is also very straightforward, so COE team can quickly catchup on the solution. If additional functions are required after go-live, COE can also support the implementation by themselves. …
Managing spreadsheets in Excel or Google Sheets becomes too time consuming as the business and team grows so transitioning to a tool like Anaplan is a natural evolution. I have used Power BI as a complement to Anaplan in the past in order to make the data that was consolidated …
Anaplan is cloud based which automatically removes the pain and risk that comes along with emailing around different versions of spreadsheets. Concurrent users can interact with different parts of the model at the same time greatly improving time spent adding inputs to the …
We selected Anaplan because of the breadth of their vision and their approach to tackle "planning" of all kinds and integrate planning processes into a true Connected Planning ecosystem. We found that their flexibility and ease of use ultimately provided a better avenue to …
Adaptive Planning is more complex and considerably more expensive than Budgyt. Budgyt does a nice job of meeting the sweet spot of being very capable without being onerous.
Budgyt's software is much better than Planguru's. We have multiple reoccurring glitches and errors with Planguru that we have not seen a sign of with Budgyt.
We selected Budgyt over other options because it is exceptionally easy to use, perfectly meeting all our budget management needs. Its user-friendly interface, robust functionality, and cost efficiency enabled seamless multi-department integration. Budgyt delivered the …
I like both programs and I think there both have their advantage and disadvantages. I believe Budgyt is nice for smaller organizations and easier to learn. I notice with Budgyt when there are so much data, it start getting slow. Our organization only have 75 people, but for …
I needed a robust integration between QBO and my budgeting software. The reporting is Budgyt will serve our organization far better than those found and available in QBO.
It does. Or stack. Multiview has the limitation of how funds that is an available to me while Budgyt has Unlimited funds. With the option, the organization o a grow with the product without having to shop around for a new budget system every 2 years. This product grows with the …
Very well priced with everything we want, and more. Also looked at Xlerant/Budgetpak. Budgyt is very simple and way better than the clunky spreadsheet that could not be shared for fear of managers messing up formulas. It is even better than our accounting software for analyzing …
Other than Hyperion, which is in a different league and more suitable for much larger organizations, I would say that Budgyt compares very favorably. We moved from Great Plains to Sage Intacct, and evaluated their planning solution at the time of implementation. We were very …
We would not want our 37 users to have access to QuickBooks as that would be costly and the time it would take to create specific access for the majority would be time consuming. Training would also be difficult. Additionally, QuickBooks does not allow you to build a budget …
Forecaster was terrible. We switched from that. We looked at multiple products, either too expensive or not user-friendly. We switched 4 years ago. I do not recall the companies we visited back then. There are certainly more on the market now, but I have no interest in …
We work with Budgyt because of the platform's usability and affordability to have more user access. Other platforms were too tricky for the end user to access or had a monthly or annual fee that didn't meet the needs of our non-profit organization. In short, the platform is …
Budgyt
is easy for participants to set up and use; can be integrated with any
accounting software; it is excellent for loading, identifying, and correcting
Anaplan is best suited for strategic planning initiatives in industries like CPG, Manufacturing, FS, Pharma. It can handle multiple use cases for each function in the company like Supply chain, Finance, Sales and more. It is one of the best tools I have seen in scenario modelling. It is not suitable for very detailed level planning, essentially execution level eg. Production scheduling.
Budgyt is great for instant consolidation of a multi-department and multi-entity organization. It has strong hierarchy and roll-ups at various levels. User setup and security is straightforward, with ability to restrict data to only department heads over a project. Excellent capability in salary and benefit calculation, for instance down to each type of state and federal tax, and each type of employee health benefit with individual cost as specific as necessary. Strong export functionality.
Combining departments (components of an entity or a component of various entity's income statement) or isolating departments (small slivers) of an entity's income statement. We can look at specific departments of specific entities together, with ease.
Splicing / flipping reports into countless formats. Helpful for users of the financial statements that digest data/numbers differently than the financial accountants who prepare the numbers.
It is relatively easy to import data from our Jonas accounting program into Budgyt.
We've had prompt customer service when we've encountered issues and they were readily available during implementation.
Anaplan is already an established market leader in enterprise planning area. Its flexibility to build multi-dimensional models, real time scenario plannings are proven to be the best features and successfully implemented by global organizations. Anaplan's ambitious product team is ensuring to roll out new features regularly based on customer/ partner feedback. e.g their new improved polaris environment has strong potential to build very large models without worrying about sparsity. The integration with other tools/technologies is being easier (e.g. cloudworks). Hence, considering Anaplan as a platform that has proved to be successful tool in enterprise level planning, its focus on regular feature enhancements and future release roadmaps I believe this platform has potential to evolve further along with our business processes and requirements
Our organization has increased our level of financial reporting and decreased the time it takes to build a budget with the Budgyt platform. Because our budget managers have access, it allows them a higher level of ownership for their areas.
Anaplan is interesting because it is at the same time easy to use and difficult to use. An end user can navigate a well-constructed app, being pointed in the right direction every time they feel a slight bit of confusion, and find everything they need in what feels like a straight line. Similarly, a model builder (developer of sorts) can have the exact same experience, but the journey is longer and more complicated. End users have great experiences with Anaplan, but sometimes model builders have a frustrating one. That is not to say model building is hard (because it truly is not), but things change, and when things change in complex systems, the effort required simply to investigate where a model builder needs to make an adjustment may frustrate them but also frustrate their non-technical bosses. However, the reality is that with complicated businesses, complicated business problems, come complicated solutions. It is actually a testament to Anaplan's capabilities that it has taken on the biggest problems at the biggest companies. It may be daunting to adjust it in those environments, but at least you know it did meet the needs there, which is more than most tools can say.
Incredibly easy to use and intuitive. Design is simple without lacking functionality. Limited learning curve makes it very easy to set up and start using, and with little practice it becomes incredibly easy to perform routine tasks, including monthly update of actual data, running and analyzing reports, as well as building budgets, forecasts, and 'what-if' scenarios
There are very few outages. Maintenance is scheduled on two or three Saturdays per month, so as not to affect businesses. When there is an outage, users are kept informed of progress to restore the platform and typically this takes no more than an hour. Anaplan customer support is very responsive if we ever have questions about platform issues
Generally, pages load quickly and reports complete within a reasonable timeframe. However, when working with large or complex datasets or during times of multiple active users, performance can sometimes be impacted. That said, much of the performance depends on how the model is built and whether best practices have been followed. Optimized models tend to perform much better, so the experience can be somewhat subjective based on the setup.
Support quality has dropped since Thoma Bravo has taken over. I think some serious re-focus needs to happen here -- part of the beauty of being in the Anaplan community was how involved you felt in it before. Before I didn't dread sending a support ticket, now I am starting to.
James the founder always replies to my emails in a timely manner, even if overseas. Has not passed me on to a customer service support team member. Rob was great with the initial demos as explored the product to see if it was what we wanted. Online documentation and videos are very good
In my opinion, in-person training is always the best if you have the option to do so. This allows real-time interactions with the instructions, whereas the online training I took required me to write-down questions, email them, and wait for responses. This slows down the process, as you can imagine. That said, in-person training is an extra cost and it likely isn't needed for everyone. I would suggest selecting a small number of people to take in-person training and then having them act as mentors to the rest of your team. That way, as the rest of the team takes the online training, they have a resource to help them in real time.
Learning made easy . One of the best trainings i have attended. Training was very detailed training by the trainer, which helped me understand the basics of the model building. Level 1 training was easy and instructor was most helpful here. Level 2 training was challenging but was able to go thru due to understanding of the basics.
Agile methodology and breaking the work down into sprints was very helpful. Implementation required a deeper dive into our data than expected for the consultants to be able to construct the data model. But once it was in place, the focus on knowledge transfer enabled us to be able to use the product effectively after the team rolled off.
Anaplan is one of the only tools flexible to handle bespoke commission calculations. In addition to Sales Performance Management, Anaplan can be used to support other business functions, such as workforce planning or financial planning & analysis. Anaplan provides the scalability needed for an enterprise-level solution. While taking longer to implement, it also can provide a greater ROI.
We selected Budgyt over other options because it is exceptionally easy to use, perfectly meeting all our budget management needs. Its user-friendly interface, robust functionality, and cost efficiency enabled seamless multi-department integration. Budgyt delivered the performance and financial insights we required at a fraction of the cost, ensuring maximum value.
We have managed to leverage Anaplan for financial planning and forecasting across the business. It is now used by almost every department, with more than 50 users (but I know of companies that have hundreds of users) and still the platform is quick and reliable. It is easy to make changes to divisions and departments or add users and apply different user settings - the core part of the model is not affected and end users can continue their work without any disruption
The ability to budget at multiple organizational levels is central to Budgyt's design. These levels can be regions or product lines or departments, which are all easily rolled up to a consolidated organizational view. Reporting back against these levels is also built-in to the system.
Reduction in time spent by sales ops team in processing compensation by almost 20 %
Ability to drill down into each compensation calculation to understand the details of how the comp is calculated. This has provided more transparency / traceability to end users
we are able to release updates to the system faster as it is easier to maintain and sync
time savings: cannot overstate how impactful Budgyt has been relative to our former excel-based, manually-intensive budget process
financial insights: Budgyt is an incredible tool for putting financial data at users' fingertips, in formats and with details presented in a way that adds value to non-finance users and enables data-driven operational decision making
