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.
N/A
Oracle Hyperion (legacy)
Score 7.5 out of 10
N/A
Oracle's Corporate Performance Management suite was acquired from Hyperion in 2007. Hyperion customers are encouraged to migrate to Oracle Fusion Cloud EPM.
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 …
I use Oracle Hyperion Enterprise Performance Mangement because the company I work at requires me to use it in the Financial Planning sector as most of their data is stored in it. I am open minded and ready to use other performance management tools created by Oracle if my work …
Compared with some of the other products that had been used, Oracle Hyperion had solved the major impediment of integrating multiple ERP systems (both SAP and non-SAP) with relative ease while providing the business the leverage to analyze, comprehend, and rectify the data.
Hyperion makes it easier to create reports based on the data available on Hyperion. However is Phocas is better for drilling down information and it is also much more mobile.
None of the other products used or evaluated are available for me to select. I have used EPMware with is a competing software to DRM. I find the ROI on this tool greater then DRM. It is about a quarter of the cost and directly interfaces with multiple Hyperion applications. CXO …
Hyperion is easy to implement and maintain, low cost of ownership is also a great reason to select this product. Oracle's investment to keep the product innovations and improvements over the years is well appreciated by the users. The ease of managing integration with different …
Interim Director of Business Intelligence and Finance Systems
Chose Oracle Hyperion (legacy)
It is the leading system, with the most power and flexibility of any of these. It is also the most expensive. Berkeley needs the best possible tool for this job. Questica and Workday cannot handle the number of dimensions we use. Adaptive might be a good competitor but since I …
We utilize Tableau as well for reporting, but the good thing about OracleHyperion Enterprise Performance Management is it is in sync with our ledger as we utilize Oracle Ledger from our side. Tableau has a better user interface but the EPM's understanding of the data makes it …
When we were trying to decide between Oracle Hyperion and SAP BPC, the cost and functionality were pretty much the same between both products, but we decided for the Oracle solution as it was better positioned in the Gartner Magic Quadrant for consolidation softwares, and some …
Oracle has led the charge on the development of true EPM reporting. The development of rudimentary KPIs to much more complex models all can be housed and managed by Hyperion. Integrates with Office through Smartview, which provides flexibility in creating Word documents, board …
In our review, Oracle Hyperion Enterprise Performance Management stacks up pretty well against SAP Business Warehouse. The most glaring area was cost. For a product capable of the same level of reporting day in and day out, Hyperion offered the best bang for the buck. This …
Toyota has a global presence and deals with different countries and different currencies. To manage finance, this tool is the most reliable tool I found if the company has a global presence. If you deal with any tool to manage Financial matters, performance and reliability is …
We have evaluated other options in the past, and we are currently re-evaluating some of the SaaS providers due to the increased strength of those products over the last few years. However, our biggest need continues to be a very capable consolidation tool as we are …
Features
Anaplan
Oracle Hyperion (legacy)
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Anaplan
7.4
Ratings
3% below category average
Oracle Hyperion (legacy)
-
Ratings
Pixel Perfect reports
6.40 Ratings
00 Ratings
Customizable dashboards
7.90 Ratings
00 Ratings
Report Formatting Templates
7.90 Ratings
00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Anaplan
9.1
Ratings
11% above category average
Oracle Hyperion (legacy)
-
Ratings
Drill-down analysis
9.10 Ratings
00 Ratings
Formatting capabilities
9.10 Ratings
00 Ratings
Report sharing and collaboration
9.10 Ratings
00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Anaplan
8.4
Ratings
2% above category average
Oracle Hyperion (legacy)
-
Ratings
Publish to Web
8.60 Ratings
00 Ratings
Publish to PDF
7.90 Ratings
00 Ratings
Report Versioning
9.20 Ratings
00 Ratings
Report Delivery Scheduling
7.90 Ratings
00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
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.
Well suited: For use in multiple offices around the world. I was able to obtain financial reporting data from 5 foreign offices and then consolidate their data with 3 domestic USA offices to prepare a consolidated financial statement. Less Appropriate: Translating the financial value for consulting services could be a bit challenging because that required human interaction and judgement. It would have been great to be able to set up some software to be able to interpret this and let it run for all future project work revenue projection.
HFM is very powerful for financial consolidations .
Hyperion Planning is used to project accurate planning and thus provide the benefit to organization to do allocations and driver based planning so that it can justify the numbers based on headcount, number of stops & Revenue and thus provide valuable projections and thus help reduce the expenses.
Essbase is powerful engine helps provide analytical adhoc reporting for financial users . Performance of reporting and ease of use helps excellent customers experience when doing adhoc analysis.
Oracle Hyperion requires a lot of knowledge and expertise to be successful.
The underlying infrastructure of Oracle Hyperion is complex and can be difficult to implement.
Some of the Oracle Hyperion application servers only run on Windows. Windows can sometimes be unstable.
Oracle Hyperion application server processes are dependent on each other and need to be started in a specific order. Therefore, if certain services die on one server, it could require all services/processes in the entire Hyperion landscape to be restarted in the correct order.
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
We're in the middle of the road because we are not sure that other products on the market fit the bill for what we need yet. Hyperion is expensive and burdensome from an administrator and maintenance standpoint, but it still seems to be the best solution for what we need. Show us an equally capable SaaS consolidation product and we'll talk again.
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.
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.
The premium support team provides much needed dedicated customer service which we are after for what we have paid for this service. We are satisfied with the service and support and do not have any instance where there was an issue that requires escalation to get the right support team. Though the incidence of major issues that requires the premium support are less, we prefer to keep this as a safety net.
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.
Hyperion is easy to implement and maintain, low cost of ownership is also a great reason to select this product. Oracle's investment to keep the product innovations and improvements over the years is well appreciated by the users. The ease of managing integration with different business systems is also considered while selecting this product.
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
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
We had to get the planning application designed correctly before we got a good ROI, but once we did it became well liked and highly utilized.
It has had a very positive overall impact on increasing finance literacy across campus, allowing units a better insight into their revenues and expenses and the overall planning process.
It has been an essential tool during a time where the campus needed to reduce it's budget by over 100 million dollars annually. Without this product, we would not have a way to identify, track and report on our progress reducing the budget.