Anaplan Review - why 4.4 stars?

Shlomi LaviShlomi Lavi / updated: Jul 23, 2020

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What is Anaplan?

Main category: Business performance management

Officially launched in 2011, Anaplan is becoming one of the most prominent players in the budgeting software field, with a customer base increase of 500% in 2012 around the world, and clients such as Jive, Pandora, McAfee and Kimberly-Clark.

Anaplan stands out with its scenario planning and powerful performance analytics, combined with a highly scalable platform which make it a fitting solution for fast growing businesses looking into performance management and future forecasting abilities.

This solution offers a unified approach to planning and performance management that allows aligning data between departments that usually do not work well together because of incompatible tools or methods, thus creating an accurate model with priceless added value that can be leveraged towards future expansions.

Anaplan is funded by Meritech Capital Partners, with business partners in USA, most of Western Europe, Russia, Czech Republic, and recently Asia.

Anaplan rating -

The rating of Anaplan is 4.4 stars out of 5 and the total score is 89 out of 100. The rating and score are based on ITQlick expert review. We publish unbiased reviews, learn more in our score and rating methodology page

Typical Customers

Anaplan’s target users are executives from sales, operations and finance, and its sales orientation that includes features such as modeling for maximizing sales per sale territory will apply to global companies with branches across the world.

Anaplan's main market is big enterprises willing to improve the performance of their company. This is a market already invaded by big names like Microsoft, SAP, Oracle and IBM but Anaplan hopes to win its share of it by bringing in a new technology that would combine cloud with in-memory architecture.

Key customers currently using Anaplan are big technology multinationals like McAfee, Nokia and Hewlett-Packard, and companies such as Diageo, Taylor Wimpey, Pandora, Lexmark International, Inc. and Activision.

Features

Anaplan was designed to improve business performance, analysis, planning, forecasting and modeling. It is capable of scaling to meet the needs of the biggest companies in the world.

Anaplan allows you to update plans on the fly, collaborate with team members and turn complex business operations into easy to use models. Its true cloud SaaS model and in-memory architecture require minimal IT intervention, and its simple Excel-like UI allows quick user implementation. In addition, Anaplan’s self-service approach allows end users to quickly and easily build their own applications without consuming IT resources.

Anaplan 5 Pros

  • Anaplan can easily translate data into multi-dimensional models
  • Changing business dynamics is as easy as updating plans
  • Facilitates collaboration between executives in a large enterprise
  • Anaplan can be accessed anywhere, including mobile devices
  • Anaplan's cloud-based platform delivers all information in real-time

Anaplan 2 Cons

  • The only 2 languages available are English and French
  • No on-premise version is available

Competitors & Alternatives

The competitors for Anaplan include Adaptive Planning and Prophix.

Prophix includes a comprehensive planning suite to support corporate performance management. Its features include revenue & cash flow planning, project & capital expenditure planning as well as strategic planning to support budgeting & forecasting. In addition there is personnel planning for resource cost optimization, and support for profitability analysis to improve both sales & operations decision making. Prophix also includes a strong business analytics portfolio that supports dashboards, scorecards and market benchmarks as well.

In comparison while Anaplan addresses similar financial planning aspects, the product extends into sales and operations planning as well. In sales this includes planning for territory & sales quotas, trade promotions, as well as incentive compensation. While in operations there are options for project & site development planning, as well as demand planning to optimize customer requirements. Companies can choose to utilize existing planning models or use the product’s dynamic modeling interface to develop their own planning applications.

Adaptive Planning provides a similar solution to Anaplan but includes support for rolling forecasts which can update the planning process dynamically with real time data updates. Additionally the product can handle capital asset planning to improve allocations. Adaptive Planning also supports modeling for multiple organizational instances and provides self service portals with data analytics for individual planning requirements.

Anaplan on the other hand offers integration with Salesforce, includes workflow automation in a collaborative platform and supports mobile device access as well. Additionally companies can take advantage of its multi-dimensional planning feature to model various requirements of different organizational levels.. The full list of competitors can be found here.

Anaplan Pricing Information

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 5.6 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Anaplan

Questions to ask the vendor during a demo

Schedule a demo with Anaplan and access 25 must ask questions for the vendor while watching Anaplan in action.

Anaplan Categories

Budgeting & CPM
Business performance management
Banking CRM
Casino CRM
Customer Loyalty
Healthcare CRM
Insurance CRM
Mac CRM
Mobile CRM
Online CRM
Pharmaceutical CRM
Real Estate CRM

Anaplan specifications

ITQlick Score: 89/100
ITQlick Rating: (4.4/5)
Company: Anaplan
Address: San Francisco, CA
Pricing:
Small business, Medium business, Large business
Website:Visit Anaplan website
Typical customers: Small business, Medium business, Large business
Platforms: Cloud
Operating Systems: Mac OS, Windows, Linux

Anaplan Features

Business Performance Optimization
Dashboarding
Data mining
Capital Asset Planning
Graphical Data Presentation
Multi-Department / Project
Production budget
Project Budgeting
Sales budget

Anaplan Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Anaplan
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
89/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.6/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality score
24
Software review
Oracle
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
91/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.2/10
License pricing license pricing (if provided by the software vendor)
$9,995 per license
Functionality score
14
Software review
Budget
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
87/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.4/10
License pricing license pricing (if provided by the software vendor)
$10,000 per year
Functionality score
29
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Infor
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
86/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.6/10
License pricing license pricing (if provided by the software vendor)
$150 per user/month
Functionality score
38
Software review
IBM
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
86/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.2/10
License pricing license pricing (if provided by the software vendor)
$45 per month
Functionality score
5
Software review
Author
Shlomi Lavi - admin

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.