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Anaplan for Incentive Compensation
What do you like best about the product?
Time to value, can translate very complex business requirements into a flexible and scalable model. Customer support is great.
What do you dislike about the product?
Initial implementation with an experienced partner is a must to ensure success and future scalability. Level of flexibility allowed in Anaplan can cause scalability issues if not designed well.
What problems is the product solving and how is that benefiting you?
Anaplan is allowing us to level up our compensation workflow from a manual process to a more standardized process. We are able to establish our compensation policies into Anaplan and have those automatically apply and give our compensation execution team flexibility to make changes.
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Best enterprise-grade EPM tool for complex requirements
What do you like best about the product?
Its calculation engine and overall robustness
What do you dislike about the product?
It's space limitations / sparsity issues can require workarounds and therefore take longer to develop
What problems is the product solving and how is that benefiting you?
Collaborative planning, decision-making, running scenarios
Powerful planning tool for FP&A use cases
What do you like best about the product?
Incredibly flexible tool that can be customized to the specific business needs of an organization
What do you dislike about the product?
Room for improvement on management reporting capabilities
What problems is the product solving and how is that benefiting you?
Anaplan provides a more accurate and collaborative way of forecasting revenue, planning project staffing, and considering several what-if scenarios, among lots of other great uses
Incredibly Powerful & Scalable Modern Solution
What do you like best about the product?
Anaplan is great for an enterprise solution. It is incredibly flexible and can handle any use cases, from FP&A and Supply Chain to Sales Performance Management. The new UX allows end users to work together across modules with ease. Navigating Anaplan is inutitive and pages are feature-packed. Pages are designed to be used ad-hoc by end users, allowing users to run self-service reports. There is a large customer support network that is very active.
What do you dislike about the product?
Models can quickly grow to become unmanageable, especially as business requirements change over time. The tool itself has a learning curve that can take end users longer to learn than expected. The depth of possible inputs or datapoints can lead to uncertainty if data hygiene is not maintained. Implementations may take months and require input from multiple teams across the organization.
What problems is the product solving and how is that benefiting you?
The ability to quickly credit transactions to a sales representative. The process of adding new reps, loading transactions as data, performing the crediting logic, and calculating a payout amount as the result is dramatically streamlined. In addition, accuracy is improved and Sales Operations can spend their time on value-add opportunities.
Anaplan's Customization & UX Consideratoins
What do you like best about the product?
Model Customization - It truly is an open box. This can be a double edge sword if not implemented right, or if requirements are not understood during development, but otherwise this allows for great flexibility in how things could be planned.
Traceability- With formula drill downs, input cell user history, and model history there are a multitude of ways to track and audit end figures in Anaplan. This is nice sitting in a finance team.
Traceability- With formula drill downs, input cell user history, and model history there are a multitude of ways to track and audit end figures in Anaplan. This is nice sitting in a finance team.
What do you dislike about the product?
Two major sticking points for me, Cube size and lack of ALM in the UX.
Cube Size - Unless you use Anaplan's Polaris models, it can become cumbersome to have many (or large) dimensions planned together. This can lead to size restraints, resorting to managing composite/concatenated list structures.
No ALM in the UX - Currently there is not a way to publish dashboard changes to a DEV environment, and then push them seamlessly to a UAT or PROD environment. As a result, it requires copying pages & repointing them - as an alternative of publishing changes across all Dev/UAT/Prod UX pages simultaneously.
Cube Size - Unless you use Anaplan's Polaris models, it can become cumbersome to have many (or large) dimensions planned together. This can lead to size restraints, resorting to managing composite/concatenated list structures.
No ALM in the UX - Currently there is not a way to publish dashboard changes to a DEV environment, and then push them seamlessly to a UAT or PROD environment. As a result, it requires copying pages & repointing them - as an alternative of publishing changes across all Dev/UAT/Prod UX pages simultaneously.
What problems is the product solving and how is that benefiting you?
Consistnency in planning - creates a standard structure in how forecasting is done, minimizing disparate/disconnected processes.
Mastering Integrated Business Planning with Anaplan
What do you like best about the product?
True Integrated Business Planning (IBP) can be achieved through a end-to-end connected planning solution that joins supply chain, finance and sales together in a unified system. The Anaplan platofrm excels in this space.
The advanced modelling capaiblity enable the tool to be able to handle complex and simple problems business face. The speed to implement changes in the model, ensures business can react quickly to challenging, changing business needs.
The advanced modelling capaiblity enable the tool to be able to handle complex and simple problems business face. The speed to implement changes in the model, ensures business can react quickly to challenging, changing business needs.
What do you dislike about the product?
Due to it's incredible flexibility, Anaplan can become overly complicated if best practice to process and solution architecure are not followed. Anaplan's strength stems from it's flexiblitiy but it can be a weakness if these best practices are not followed.
What problems is the product solving and how is that benefiting you?
Anaplan solves complex supply chain problems very well across a wide range of different industries. Due to its flexibility it can accomodate companies with differing maturity levels.
Anaplan is an intuitive and comprehensive financial planning tool that simplifies planning.
What do you like best about the product?
Anaplan is an intuitive and comprehensive financial planning tool that simplifies budgeting, tracking expenses, and managing investments.It is designed with a user-friendly interface, making it easy for beginners to navigate. The setup process is straightforward, requiring users to do their BAU activities what they were doing in excel, in Anaplan pretty easily. The customer support is very involved and have 24/7 support for any technical queries.
What do you dislike about the product?
Issue: Complex dimensional queries can be resource-intensive and may slow down report generation.
Impact: Slow performance can frustrate users and limit the utility of real-time reporting.
Limited tool capabilities can restrict the types of analyses that can be performed.Slicing and dicing in Excel addin can be downplayer
Impact: Slow performance can frustrate users and limit the utility of real-time reporting.
Limited tool capabilities can restrict the types of analyses that can be performed.Slicing and dicing in Excel addin can be downplayer
What problems is the product solving and how is that benefiting you?
Anaplan helps in support which focuses on achieving the best commercial results by offering valuable insights, expert advice, and critical evaluation. This is bolstered by strong price modeling to optimize commercial proposals and enhance market success potential. It also helps in Delivery support which emphasizes the use of specialized commercial tools to ensure that high-value, complex projects stay on track with approved targets. By implementing strong commercial cadence and governance, it provides insights and recommendations to drive project success and data-driven decisions.
I'm a Master Anaplanner, worked 2y as an internal consultant and 1y as an external consultant
What do you like best about the product?
- Simple to use and understand
- Easy data integration
- Very flexible tool (can be used for finance, supply, demand, inventory planning...)
- Easy data integration
- Very flexible tool (can be used for finance, supply, demand, inventory planning...)
What do you dislike about the product?
- Data volume limitations
- UX capabilities (huge improvements over the last 1-2y but still)
- UX capabilities (huge improvements over the last 1-2y but still)
What problems is the product solving and how is that benefiting you?
- Automatic data updates from the ERP
- High level of collaborations (multiple people working at the same time on the same model + ease of communication between the models/teams)
- Data security (with the roles, selective access, different workspaces...)
- Big volume of data (compared to Excel)
- High level of collaborations (multiple people working at the same time on the same model + ease of communication between the models/teams)
- Data security (with the roles, selective access, different workspaces...)
- Big volume of data (compared to Excel)
Versatile Platform with Strong Community Support
What do you like best about the product?
Anaplan is a highly flexible and user-friendly platform that requires no coding, making it accessible to a broad range of users. The tool’s intuitive design allows for a wide variety of applications, with instant calculations that streamline analysis. I also appreciate the robust online learning resources and the supportive Anaplan community, which provides valuable insights and networking opportunities.
What do you dislike about the product?
The platform has size limitations unless you are on a Hypermodel. Additionally, it may slow down when too many users are accessing it concurrently.
What problems is the product solving and how is that benefiting you?
Anaplan provides a flexible platform that enables us to transition multiple Excel-based models into a centralised system, streamlining our processes and consolidating final forecasts with greater efficiency and accuracy
Connected planning
What do you like best about the product?
The more uses cases you have in Anaplan the more valueable it´ll be. More departments, more markets etc
What do you dislike about the product?
Anaplan have taken some shortcuts when it´s comes to expected featuers in the back end that would help the experience. It would for example be very helpful to know if a module or filter is being used on a dashboard.
What problems is the product solving and how is that benefiting you?
I´m a consultant implementing the solution me client needs. The best solutions have been in rolling forecast, workforce management have been a bit more tricky but frankly also because it rarely is an area where the client knows what they want
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