Anaplan
Anaplan, IncExternal reviews
465 reviews
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Connected planning too
What do you like best about the product?
Great modeling capability, connecting financial planning with sales and ops planning.
What do you dislike about the product?
Learning could take some time for those who’s good at excel.
What problems is the product solving and how is that benefiting you?
Replacing excel modeling, enabling collaboration.
Recommendations to others considering the product:
Start with a small project... commit team resources and get executive sponsors.
Anaplan Implementation
What do you like best about the product?
Once you get your head around it, it is a simple modelling tool that understands time and data structures. The more time spent planning it before diving in the better your end result will be. We all want to dive into new technology and I'm a firm believer of the 'play with a product to learn it' approach but on this one planning is worth the time spent ten times over.
What do you dislike about the product?
Getting your head around it takes time and slips from memory easily. Focus on delivery and you'll be fine.
What problems is the product solving and how is that benefiting you?
We now do our budgeting and financial forecasting through Anaplan, have built three of our four underlying business models, with the last one coming this year followed by a overarching strategic model that will tie them all together.
Best Modeling Tool Around
What do you like best about the product?
Anaplan is an incredible tool for modeling. You have the ability to create endless lists and dimensions that can be used for modeling. Imagine custom drop down menus, date fields, boolean check boxes, and much more. These modeling fields can be used to create great modeling! Also, Anaplan has the capacity to work within many different areas of the business. You can create an FP&A plan, inventory plan, sales territory and quota plan, sales compensation calculation, and really any business modeling you can think of. Other tools in this category cannot create models like this in other parts of the business. Finally, Anaplan manages to create this data real-time. Other competitors cannot create data real-time like Anaplan can.
What do you dislike about the product?
Being a tool that can accomplish all business modeling needs, it can get implemented poorly.
What problems is the product solving and how is that benefiting you?
FP&A, Sales planning, Sales compensation, and inventory planning.
Great PMing software
What do you like best about the product?
The best part is the cloud focus and the versatility of using it for different types of businesses.
What do you dislike about the product?
The differentiation of the software for different files, it can just be different modules.
What problems is the product solving and how is that benefiting you?
I am trying to solve the problem of different teams using a different type of product. For example its much simpler for a smartwatch manufacturing company to utilize this software instead of using different types for all functions.
Recommendations to others considering the product:
Great tool but consider how to implement across different company functions
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