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Premium User experience, Ease of use along with Powerful core is what works really well for Anaplan.
What do you like best about the product?
Wide knowledge-base and timely efficient delivery are one of the best resources available.
What do you dislike about the product?
Currently still evolving with upcoming updates and feature, more flexible lifecycle management along with more real case functions will benefit platform more.
What problems is the product solving and how is that benefiting you?
Anaplan is versatile and applicable among multiple use cases. Have seen practical application of Territory Planning, Staffing and Data Hub scenarios.
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Simple, powerful, and easily leveraged
What do you like best about the product?
The best part about using Anaplan is the ease of connecting models & various use cases into a consolidated format for the end users. For example, a P&L can be the backbone of a reporting model with smaller calculation models that feed the end result. This allows the models to be more granular in nature without affecting the main submission model and reduces performance impacts on the main model.
What do you dislike about the product?
Some functions are limited (like subset of versions, subsets of users), but there are workarounds that the community has suggested. The roadmap is constantly developing and we are seeing some issues addressed with the releases. One major aspect that is recently being addressed is the key word highlighting when writing formulas. It is still in its infancy and has a bit of ways to go before it can be fully utilized.
What problems is the product solving and how is that benefiting you?
Our use cases currently include aggregating a bottoms-up forecast for financial metrics, allocations of sales data for more granular visibility into performance, a bottoms-up calculation to determine COGM by product and region. It ultimately shortens time to understand where the numbers are coming from; perform allocations with minimal interaction; integrates with 3rd party platforms via APIs. We have seen a reduction in errors per forecast and time required in the model.
Recommendations to others considering the product:
Spend the time upfront to flesh out your data structures & feeds - it can save you many headaches once you're knee-deep building a model. Keep a close relationship with the ones building integrations and tables in your warehouse if you don't have a resource dedicated to your team. Otherwise, it can be cumbersome to develop the proper connections for your data automation processes.
Strong Planning Tool with ample training
What do you like best about the product?
Cloud based, multi-dimensional, flexible
What do you dislike about the product?
slow support response, outages, expensive
What problems is the product solving and how is that benefiting you?
reduced efforts spent planning FP&A, S&OP and SPM
Senior Consultant
What do you like best about the product?
Connectivity and real time processing of data inputs and updates
What do you dislike about the product?
Some display capabilities and functionality
What problems is the product solving and how is that benefiting you?
Demand and supply planning, forecasting, logistics and corporate/department finances
Recommendations to others considering the product:
Know the business case and usage possibilities for the tool
It solves requied tasks. It's easy for end users
What do you like best about the product?
online access for top managent.
speed of refresing data on dasbords
speed of refresing data on dasbords
What do you dislike about the product?
not clear control of users.
we can't use roles for selective access
we can't use roles for selective access
What problems is the product solving and how is that benefiting you?
Long-term (30+years) financial modelling
Budgeting for next year
Reporting
Budgeting for next year
Reporting
Amazing platform for connecting multiple teams across a business.
What do you like best about the product?
Real time, flexible, handle complex calculations. Creates a connected planning environment so you can complete WFP, send that to an Expense model, complete other expenses, send that to a reporting model along with revenue and see a P&L; plenty of other examples of this as well. Standardizes calculations across the business, allows users a standardized approach to the planning process as well.
What do you dislike about the product?
Alternate hierarchies are complex to build, calculations need to be built correctly the first time around since changing calculation logic changes data for all versions even if it was previously 'locked down and submitted'.
What problems is the product solving and how is that benefiting you?
We are solving issues with teams that have poor communication. Creating a single source of the truth instead of everyone using data from different systems and as of a different point in time. Helping to create an actual planning process for businesses that are more disjointed.
Anaplan SPM Deployment Experience
What do you like best about the product?
I like the flexibility of Anaplan, their efforts in creating best practices and the amount of effort that is put into their community base. Their training has improved immensely since I started using Anaplan in 2017. They listen to their users and adjust so that newer users being onboarded each year have a better and better experience. The idea of connected planning is also very interesting and something that we'd like to further implement at our company.
What do you dislike about the product?
The downsides of Anaplan is that it exposes inefficiencies and inconsistencies in the existing processes. Most of the time spent implementing an Anaplan solution is understanding and reshaping business processes. Often times, the time spent actual solution building in Anaplan is a fraction of the time it takes to get the business aligned on process. The flexibility in Anaplan is at times a detriment as there are many different paths to arrive at the end goal, and many paths will cause performance problems or are inefficient. There is a lot of thought that is required to build a sustainable and scalable solution.
What problems is the product solving and how is that benefiting you?
Problems that we are solving with Anaplan include: Territory and Quota, Sales Forecasting, Revenue Planning, Compensation Plan Scenario Modelling. The benefits we've had specifically to the SPM models surround the notion of having real time updates in a centralized system rather than sending out 50 Excel files, getting 50 Excel files in return and manually consolidating into a single report. The amount of time that is saved on the consolidating alone is probably a half day of effort per week. Other benefits specific to revenue planning is our revenue planning models in Excel were complex, large and very slow. We often had data quality issues with Excel, at times saving the Excel file would take several minutes. With Anaplan, those Excel specific performance issues were eliminated, it was easy to build out new dashboards and different views of the same data for BI.
Anaplan for Corporate Planning - Financial Services
What do you like best about the product?
The flexibility to ingest data from multiple source systems, flat files, and quickly produce models. Having the skill set in house to design, architect, and deploy models rapidly allows Anaplan to be a robust option for many corporate projects.
What do you dislike about the product?
The user interface offers limited presentation ready options. Working in Financial Services, the branding, formatting, and clean lines are an important factor that are missing. As the user interface becomes more readily available it will help with this.
What problems is the product solving and how is that benefiting you?
We have reduced operational risk and reduced data security by migrating several spreadsheet processes to Anaplan. (Including strategic compensation, revenue forecasting, cash forecasting, accounts receivables, business development pipeline).
Recommendations to others considering the product:
It is important to select the right consultant for implementation of Anaplan. Although the tool is flexible, having the correct architecture from the start enables future success exponentially. As the company moves towards deployment it is highly recommended to hire internal talent to support and continue expansion throughout the organization. A reliance on 3rd Party Vendor support to expand and drive user adoption often creates disconnected models, inconsistencies with data, and lack of congruence in terms of formatting/functionality because of the bespoke nature of the platform.
Connected planning that automates budgeting and forecasting.
What do you like best about the product?
connectivity with all models and external source. Inputs connected to all other tables. New UX becoming a lot smarter compared to the old UX.
What do you dislike about the product?
lead time to build from scratch and inputting data is considerably slower compared to excel.
What problems is the product solving and how is that benefiting you?
siloed departments brought together, reducing amount of time spent on budgeting and forecasting.
Live changes to the figures making an instantaneous update to forecast number.
Live changes to the figures making an instantaneous update to forecast number.
Recommendations to others considering the product:
Highly recommend Anaplan as a tool to connect between various department and systems to do forecasting and budgeting.
Using Anaplan for connected Supply Chain Planning use case
What do you like best about the product?
Anaplan is relatively low cost platform which provided business a quick ROI.
I am using Anaplan since year 2015 and switched my career to consulting, before year 2015 I used to work as a Head of Production Planning and Logistics for one of the Tata Group entity. I was responsible for end to end supply chain, production planning , distribution planning , after market and logistics planning. It was very difficult for me to do planning, budgeting, supply chain provisions in excel spread sheets at granular level of details, considering huge count of SKU's I was not able to create detailed rough cut /short term planning at product or product-customer level, because of which I always faced challenges while planning plant capacity, planning constraint based production etc. It was always difficult for me to commit production / distribution to sales team, impact on inventory carrying cost.
From 2015 I have started using Anaplan and I implemented many end to end Anaplan models in the field of Production planning, inventory planning , capacity planning, S&OP, demand planning, supply planning for multiple global customers and I really can see my clients taking huge benefit out of Anaplan in terms of profitability or cost reduction. With proper planning company can decide their strategy to make business more profitable.
I am using Anaplan since year 2015 and switched my career to consulting, before year 2015 I used to work as a Head of Production Planning and Logistics for one of the Tata Group entity. I was responsible for end to end supply chain, production planning , distribution planning , after market and logistics planning. It was very difficult for me to do planning, budgeting, supply chain provisions in excel spread sheets at granular level of details, considering huge count of SKU's I was not able to create detailed rough cut /short term planning at product or product-customer level, because of which I always faced challenges while planning plant capacity, planning constraint based production etc. It was always difficult for me to commit production / distribution to sales team, impact on inventory carrying cost.
From 2015 I have started using Anaplan and I implemented many end to end Anaplan models in the field of Production planning, inventory planning , capacity planning, S&OP, demand planning, supply planning for multiple global customers and I really can see my clients taking huge benefit out of Anaplan in terms of profitability or cost reduction. With proper planning company can decide their strategy to make business more profitable.
What do you dislike about the product?
Nothing to dislike, I think Anaplan is a great and competitive tool at this point of time in market.
What problems is the product solving and how is that benefiting you?
Problems solved - Rule based allocation / Allocations using Anaplan optimizer, capacity planning, production planning, distribution planning, Sales and operations planning, connected supply chain and finance planning.
Benefits -
Anaplan is very flexible to use
Takes extremely less time for planning
Easy to aggregate / disaggregate the data
Cloud based
Easy to integrate and highly scalable product
Benefits -
Anaplan is very flexible to use
Takes extremely less time for planning
Easy to aggregate / disaggregate the data
Cloud based
Easy to integrate and highly scalable product
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