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Anaplan Reviews & Insights

Score8.7 out of 10

514 Reviews and Ratings

Top industries

Based on 3 HG Insights installations.

Community Insights for Anaplan

Synthesised from 19 verified reviews.


Synthesised from 19 reviews


This product overview assesses Anaplan based on a synthesis of 19 recent reviews, covering overall satisfaction and return on investment. Anaplan is a planning platform frequently praised for its powerful calculation engine and flexibility. Six reviewers specifically highlighted the calculation engine's speed and ability to handle large datasets, while another six emphasized the platform's customizability for diverse use cases. Scalability is also a noted advantage, with four reviewers confirming its ability to adapt to growing business needs. Users report significant improvements in efficiency and speed (11 reviews), particularly in planning processes like sales forecasting. Improved forecast accuracy (6 reviews) and increased transparency/visibility (6 reviews) contribute to a positive ROI. However, some users express concerns. Five reviewers cited limitations in data integration, requiring ETL tools for automation. Sparsity/performance, cost/pricing, and reporting capabilities were each mentioned by three reviewers as areas needing improvement, particularly when compared to tools like Hyperion SmartView. Overall, Anaplan offers a robust and adaptable planning solution, but potential buyers should carefully consider its data integration limitations and reporting constraints.


  • Powerful calculation engine for handling large datasets
  • Highly flexible and customizable for various use cases
  • Scalable to adapt to growing business needs
  • Improved efficiency and speed in planning processes
  • Enhanced forecast accuracy
  • Limited data integration capabilities, often requiring ETL tools
  • Sparsity and performance issues
  • High cost and complex pricing
  • Limited reporting capabilities compared to tools like Hyperion SmartView
What positive or negative impact (i.e. Return on Investment or ROI) has Anaplan had on your overall business objectives?

From 19 reviews

This report synthesizes 19 recent product reviews to assess Anaplan's impact on overall business objectives. Reviewers most frequently cited improvements in efficiency and speed (11 of 19 reviews). This often related to specific planning processes, such as sales planning and forecasting. Improved forecast accuracy was also noted by multiple reviewers (6 of 19 reviews), with some quantifying the increase in accuracy. Another common benefit was increased transparency and visibility (6 of 19 reviews), which reviewers felt reduced errors and improved user confidence in results. These factors collectively suggest that Anaplan can positively impact business objectives by streamlining processes, enhancing forecast reliability, and providing greater data clarity.

Increased efficiency/speed

Saved time in the sales planning process

Improved forecast accuracy

Increased forecast accuracy

Increased transparency/visibility

Transparency

Please provide some detailed examples of areas where Anaplan has room for improvement.

From 19 reviews

This report synthesizes 19 recent reviews to identify areas where Anaplan users see room for improvement. A significant portion of reviewers, 5 out of 19, expressed concerns regarding data integration capabilities, citing limitations in direct connections and the necessity of ETL tools for automation. Sparsity and performance, along with cost and pricing, were each mentioned by 3 reviewers as areas needing enhancement. Another 3 reviewers noted limitations in Anaplan's reporting capabilities, particularly when compared to tools like Hyperion SmartView. These concerns collectively highlight areas where Anaplan could enhance its functionality and user experience.

Cost and pricing

Cost structure is relatively complicated

Data integration issues

Data Integration - ability to manage and kick off integrations

Reporting limitations

I would like there to be additional visualization improvements/features for reports

Please provide some detailed examples of things that Anaplan does particularly well.

From 19 reviews

This analysis synthesizes 19 recent reviews to identify areas where Anaplan performs well. Reviewers frequently highlight the platform's calculation engine and its flexibility, with each of these aspects mentioned by 6 reviewers. The calculation engine is noted for its speed and ability to handle large datasets. The flexibility of Anaplan allows it to be customized for various use cases. Scalability is another strength, with 4 reviewers indicating that Anaplan can adapt and grow with the business. These features collectively contribute to Anaplan's perceived effectiveness in supporting diverse and evolving business needs.

Flexibility & Customization

Flexible

Scalability

Anaplan can scale as your business grows, for example adding new regions into to your geographical hierarchy.

Calculation Engine

Good calculation engine

Reviews

345 Reviews

Why Anaplan

Rating: 9 out of 10

Use Cases and Deployment Scope

Currently implementing Crew Forecasting

Pros

  • Very flexible to meet various customer requirements
  • Easy to implement changes
  • Excelling UX platform

Cons

  • Improvements on recently introduced ADO
  • Filters or searches on some of the dropdowns do not exist
  • Unable to create dynamic custom time intervals, has to maintain manually.

Likelihood to Recommend

It is well suited to FP&A solutions with limited dimensions.
Not so well suited to implementations that require multiple dimensions with big members like Product , Customer etc.

High flexibility and high performance

Rating: 8 out of 10

Use Cases and Deployment Scope

Used in conjunction with human resource planning and sales cost planning.One of the issues was that the PL and the increase in cost of hiring new personnel were not linked, and it was a black box as to how many personnel should be hired to ensure the appropriateness of the company. By linking the two, it became possible to simulate the appropriate number of employees to meet management targets.

Pros

  • High flexibility to implement various logic
  • High performance for processing huge amounts of data
  • Extensive components to accelerate development

Cons

  • Mobile App Usability
  • Fewer types of graphs compared to BI products
  • Developer license is expensive

Likelihood to Recommend

Suitable scenarios
Deployment for multiple departments or business areas.Consolidation of siloed planning data and consistent planning operations across the company. The high license fee, a negative point, is easy to effect as more users are added.

Unsuitable scenarios
Deployment for only one department or one business area.Due to the high license fee, the return on investment cannot be achieved, and the original value of Anaplan cannot be utilized. The result is a high-end spreadsheet.
Vetted Review
Anaplan
5 years of experience

Powerful Planning Platform

Rating: 9 out of 10

Use Cases and Deployment Scope

Anaplan is used for workforce planning. It was rolled out to key FP&A users to perform planning inputs. Anaplan reduces the time for the users to calculate and consolidate payroll costs from all cost centers. It also enables faster load of employee data from the HR system and secured access to the planning system.

Pros

  • Real-time payroll costs calculation
  • Role-based access to the system

Cons

  • Drill down functionality. Users were used to doing this by expanding or collapsing parent item while Anaplan workarounds this by synchronizing hierarchies or through custom filters

Likelihood to Recommend

Anaplan is suited for a company that wants to achieve connected planning, start small, and expand later. Anaplan offers real-time data calculation and aggregation which are required in fast-changing business environments.
Vetted Review
Anaplan
6 years of experience

There's new competition, but Anaplan still delivers

Rating: 10 out of 10

Use Cases and Deployment Scope

I am writing this as an implementation partner as my perspective on how one of our customers uses Anaplan. Our customer, a leading software company, distributes all of the territories and quotas through Anaplan. The planning process begins in late Q3 and becomes a daily undertaking in early Q4. Territories and quotas are distributed by the beginning of the fiscal year, which was a huge improvement over the pre-Anaplan world.

Pros

  • Connecting operational questions with financial ones
  • Territory optimization - seeding account assignments for sales leaders to more quickly align on great territories
  • Collaboration
  • Account scoring + segmentation: Machine-learning driven

Cons

  • Native connectors to other tools (on the roadmap)
  • AI (on the roadmap)
  • Sparsity management
  • Pricing transparency

Likelihood to Recommend

Anaplan is a great tool for complex modeling of the future. When you are planning your actions for the future, have multiple, disparate datasets to interact with, have dozens if not hundreds of stakeholders who must contribute and need to be guided via a streamlined workflow engine, require complex logic that can grow with your org, require real-time reporting, and you need it all in less than 6 months.
Vetted Review
Anaplan
9 years of experience

Anaplan is a flexible tool with some need for advancement

Rating: 8 out of 10

Use Cases and Deployment Scope

We implemented Anaplan for a valuations use case, specifically for Private Debt. We integrated Capital IQ to bring in public financial data for market analysis and for treasury rates and exported out to a reporting software. It solved providing user control and governance over a single model. It allowed customization of multiple different methodologies and edge cases while standardizing the overall model to avoid user error and erroneous overrides.

Pros

  • Customization
  • ALM
  • Modeling

Cons

  • Sparsity/Performance
  • Integration
  • NUX

Likelihood to Recommend

Anaplan is very well suited to traditional use cases such as budgeting, forecasting, workforce planning, sales performance management. It provides a lot of flexibilities in those use cases where it's not to too complex. However, Anaplan struggles when iterative calcs are needed. The lack of a previous function for lists outside of time is a pain point. Anaplan also struggles with sparsity. If the bounds of a particular calculation is not consistent, especially across time, the model can suffer significant performance issues.
Vetted Review
Anaplan
5 years of experience

Flexible platform, business user owned

Rating: 7 out of 10

Use Cases and Deployment Scope

Use cases we have implemented for customers range across, Finance, Sales Performance, and Supply chain. Specifically for finance, income statement planning, balance sheet planning, and deeper dives into each of those, for example product line P&Ls. For Sales Performance, we have done sales and territory planning - calculating quotas and assigning to sales reps, then tracking attainment of the those targets. For Supply Chain, demand planning and supply planning.

Pros

  • Calculation engine on large sets of data
  • Security - selective access
  • custom planning pages

Cons

  • reporting and use of excel add-in, Anaplan still can't replicate what smartview does with hyperion
  • Integrations, very limited options for direct connections , you basically need an ETL tool to set up automations with source systems and target reporting systems
  • No now() formula, to tell Anaplan what day it is, requires an automated integration to get todays date

Likelihood to Recommend

It works well if the customer does not rely on lots of reporting in excel, if the usecase can provide limited reporting on the Anaplan pages. However, if data is pulled down into excel and then tons of detail reporting is done Anaplan wont work well. Also its important for the customer to have an ETL tool or else end users will be manually uploading CSVs
Vetted Review
Anaplan
7 years of experience

Customizable Planning to a Tee

Rating: 10 out of 10

Use Cases and Deployment Scope

I work for an Anaplan implementation consultancy. We use Anaplan at a variety of clients throughout different industries and functions to revolutionize their planning process. Anaplan allows our clients to have a more connected and dynamic view of their planning process across their greater organization. Especially with as common as it is for our clients to have primarily relied on excel the improvement is massive.

Pros

  • Calculation Speed
  • Customizability
  • Simple Dashboarding

Cons

  • Workflow
  • Data Storage
  • Management Reporting

Likelihood to Recommend

Anaplan is great when trying to work dynamically within/across a team. It can handle large complicated calculations and allows for simple what-if analysis. I consider Anaplan an extremely customizable tool that has a bit of everything. Especially as Anaplan increases its workflow capabilities it will continue to set itself apart within the EPM space.
Vetted Review
Anaplan
4 years of experience

Anaplan Review

Rating: 9 out of 10

Use Cases and Deployment Scope

I use Anaplan as a solution provider for clients. Anaplan addresses the need for companies wanting to deal with long turnaround times and lacking agility conducting business analyses. Scope of use cases is pretty extensive. Traditional FP&A, Workforce / Compensation Planning, Allocations / Cost Recovery, Loans & Deposits, and Private Equity Fund Forecasting.

Pros

  • Calculations - very functionable and can do almost anything, pretty efficiently.
  • Dashboards / User Experience - pretty good capabilities for end users.
  • Anaplan Community - Excellent articles and learning material

Cons

  • Data Integration - ability to manage and kick off integrations
  • Versions (Native) - lacking some functionality. End up using Custom Versions for almost every build.
  • Workflow - relatively new product, but needs additional features / capabilities to be used by most clients.

Likelihood to Recommend

Areas Well Suited: Tedious business processes that require multiple people, departments, or data sources. For organizations dealing with lots of or large excel files. Great tool for organizations that are willing to learn new technology. Albeit, calculations and formulas are similar to excel, having an organization willing to learn can result in a high return on investment into Anaplan.

Less Appropriate: Consolidation (I have yet to see impact of Fluence acquisition). Historical data and storage system for planning results. Reporting on a lot of dimensions with a high number of list members.
Vetted Review
Anaplan
5 years of experience

Best EPM software available on the market!

Rating: 9 out of 10

Use Cases and Deployment Scope

We implement Anaplan for clients that are looking to modernize their analytics capabilities and scale their business models as their business grow. We ensure to deliver a great planning solution that is easily auditable, that users love to use and find value added in their day-to-day jobs. We ensure good process control through security and workflow, making businesses confident in their decision making and reducing errors.

Pros

  • Easy to implement
  • Flexible solution that adapts to about any need
  • Scalability as the business grows

Cons

  • Technical support
  • Reporting capabilities
  • Data integration

Likelihood to Recommend

Anaplan is a great tool for business models with complex calculations that are evolving over time. It is easy to learn Anaplan and once you start using it there is added value from analysts up to c-suite decisions. Anaplan lacks vs. competitors when it comes to reporting, where it is not possible to have pixel perfect reports and where support is slow and inneficient.
Vetted Review
Anaplan
4 years of experience

If there is one reason to choose a planning platform, flexibility.

Rating: 9 out of 10

Use Cases and Deployment Scope

We are the implementer of Anaplan, and we have implemented Anaplan for over 100 use cases for various customers. The scope including Financial Planning (with workforce planning), budgeting planning, sales planning and supply planning. Usually we start from a smaller scope, and the expand to other use cases. The fact that Anaplan is a ligh weight and flexble planning tool makes it suitable for connected planning scenario, and its patented technology enable it for real-time and multi-dimension what-if analysis and scenario planning.

Pros

  • Light-weight
  • Flexible with code-less configuration platform
  • Real-time calculation
  • Multi-dimension

Cons

  • Cost structure is relatively complicated
  • Cost is high compared with other competitors
  • Customer support can be more professional

Likelihood to Recommend

It is very easy to use, and very easy to adopt to different planning, suitable for collaborative environment. This is very important for financial planning scenario, where ease of use is important. As the key of our project success metric is adoption rate, Anaplan is by far the easiest planning tool to be adopted in a large enterprise.
Vetted Review
Anaplan
109 years of experience