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Anaplan
What do you like best about the product?
The ease if implementation and the flexibility of tool
What do you dislike about the product?
Integration with other ETLs was an issue.
What problems is the product solving and how is that benefiting you?
problem area was related to direct cash flow. We were able to decrease the manhours by 40% by using Anaplan.
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Anaplan is a user friendly and flexible tool
What do you like best about the product?
Anaplan is user friendly and easy to navigate, both as an end user and developer. It is flexible and can adapt to different business scenarios. Functionalities can be built relatively quickly.
What do you dislike about the product?
There are limitations to functions and size of each model.
What problems is the product solving and how is that benefiting you?
I've solved problems such as sales forecast and financial planning with Anaplan. Benefits from using Anaplan for those use case ranges from cutting down the planning cycle time and transparency.
Standardized Platform for Easier Consolidation of Data
What do you like best about the product?
Anaplan has been a great help to me and to my partners in daily/monthly collaboration .
What do you dislike about the product?
No formula or function yet for current time (equivalent to NOW() of MS Excel. Yet, this doesn't discount the major benefits.
What problems is the product solving and how is that benefiting you?
A lot! I had implemented it to various processes in Finance.
Recommendations to others considering the product:
Anaplan has a lot of benefits to offer. I graduated BS Accountancy but been developer of Anaplan as it's easy to follow through.
Anaplan is a great forecasting tool
What do you like best about the product?
The flexibility and scalability makes the tool powerful
What do you dislike about the product?
The new UX is clunky and not easy to build with
What problems is the product solving and how is that benefiting you?
All of our processes are in excel and need to be streamlined
Anaplan has allowed for more collaborative planning across each organization I've implemented it at.
What do you like best about the product?
The platform has incredibly simple formulas that allow for both developers and business users to debug and correct any issues quickly. The ability to build a proof of concept model and further iterate off of that even after the primary developers have left creates an astounding amount of scalability for the product. Additionally through using Anaplan the companies I've worked at have all been blown away by the always on and always accurate nature of a cloud solution, especially where other products require significantly more downtime or refreshes to reflect large scale changes.
What do you dislike about the product?
Anaplan could improve on the use of custom time dimensions to maximize the efficacy of the platform without causing a significant burden for the development team. The switchover functionality and versions work well out of the box, but additional work should be done to help minimize data sparsity and maximize efficiency.
What problems is the product solving and how is that benefiting you?
I have worked on FP&A forecasting and budgeting solutions that have allowed for an entire enterprise to consolidate their planning process and significantly reduce the time to create an annual budget. Going from annual forecasting to nearly weekly forecasting. Additionally Anaplan has been instrumental at improving a Territory & Quota process at another company to standardize and regulate the way that employees are compensated for their work. In each implementation the result was that analysts and managers spent less time inputting the data and could spend more time reviewing and fine tuning their departments.
Recommendations to others considering the product:
Consider if you're company is actually ready for a large-scale transformation. No tool can do it all, but trying to build everything out in Anaplan or any currently available solution is likely to fail if you're moving current state processes, excel sheets, and unlimited granularity/flexibility to a new software.
Anaplan Partner
What do you like best about the product?
The easiness to modeling business processes and the flexibility of the tool to be used in various areas and business processes.
The sectors in which I have used Anaplan are: Consumer Goods and Services, Beverage, Manufacturing, Utilities,
Finance and Insurance, Telecommunication Services, Aeros pace & Defense, Electronic & Electrical Equipment, Pharmaceutical, Retail, Wholesale, Automotive Supplier , Online Booking.
The sectors in which I have used Anaplan are: Consumer Goods and Services, Beverage, Manufacturing, Utilities,
Finance and Insurance, Telecommunication Services, Aeros pace & Defense, Electronic & Electrical Equipment, Pharmaceutical, Retail, Wholesale, Automotive Supplier , Online Booking.
What do you dislike about the product?
UX still to be improved (graphs, customizations and dynamicity).
What problems is the product solving and how is that benefiting you?
Anaplan has helped solving and improving many business cases especially in the areas of Financial Planning and Commercial Planning: Intelligent Connected Planning, Working capital analysis, Revenue Performance Management, Gross to Net, What If Analysis, Material Planning, Approval Workflow, Suppliers Allocation, Cost and Saving Model, Financial Planning Budgeting & Forecasting, P&L Planning , Finished Good Spend variance analysis, Commerical Planning, Management Reporting, Balance Sheet, Sales Budget, RFQ, New Product Introduction , COGS Planning.
Anaplan for Rolling Forecast
What do you like best about the product?
Anaplan helps businesses transform their financial systems and processes by providing a database, engine and user interface on one platform. As the data store on the cloud , it offers the power combination of one version of truth (data) and real-time result. It also empowers company to have a connected planning with one source of data across all models and enabling each to access data from the others. It also has a friendly and sleek dashboards which only contains relevant data.
What do you dislike about the product?
As for all the systems out there, there is always a big room for improvement and as for Anaplan we are looking forward to various enhancements on functionalities already on the road. Most of the enhancements are from their current visionaries, hands-on builders, and experienced end users.
What problems is the product solving and how is that benefiting you?
The one that I would like to highlight that Anaplan solves is the one of the biggest pain points of accountants or finance people, the large number of versions they have in their financial worksheets. With Anaplan, this different version of one financial worksheet is eliminated. It provides one set of your data (list) and one engine means one formula for all items (module).
Master Anaplan with 5+ years of experience
What do you like best about the product?
Very intuitive, No Coding required, User Friendly
What do you dislike about the product?
Cant Handle Volumes, Can't Handle huge implementations due to never ending toasters from model builders that makes the development difficult.
What problems is the product solving and how is that benefiting you?
Reporting, Planning & budgeting
Anaplan is an excellent planning tool
What do you like best about the product?
Extremely flexible and powerful. Anaplan is able to tackle almost any modelling challenge and make processes more sustainable and efficient.
What do you dislike about the product?
Visuals aren't as advanced as some other tools, but the new UX is improving this.
What problems is the product solving and how is that benefiting you?
Annual budgeting and forecasting. We want to also do some more long term cash projections, but this has been a work in progress due to large project size.
Master Anaplanner, Anaplan Implemantation since 2016
What do you like best about the product?
Anaplan can be self service system by business users. No need for technical support like admins, developers and other technical staff.
What do you dislike about the product?
Anaplan is sensitive architecture decisions which could lead to performance issues. In the same time best practices, weaknessm workaround are well known via community discussions, learning programs
What problems is the product solving and how is that benefiting you?
Classical problems - FP&A, Cost analysis. Demand planning, IFRS cases like IFRS 16. Common Benefits - 1 common source of data (instead of many excel files), audit trails, drill down transparency. Benefits from realizing different business problems on one platform using common source of input data.
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