Adaptive Insights vs Anaplan comparison

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Adaptive Insights

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Executive SummaryUpdated on Dec 19, 2024

Adaptive Insights and Anaplan are competing products in the realm of business planning and analysis. Anaplan appears to have the upper hand with its robust feature set, making it a preferred choice despite Adaptive Insights being commendable for pricing and support accessibility.

Features: Adaptive Insights provides intuitive planning tools, ease of use, and cloud-based accessibility. Anaplan offers comprehensive modeling capabilities, extensive collaboration tools, and robust customization options, suitable for complex operations.

Room for Improvement: Adaptive Insights could enhance its customization options, scalability, and integration capabilities with other platforms. Anaplan might improve in simplifying deployment, reducing setup complexity, and offering more budget-friendly pricing.

Ease of Deployment and Customer Service: Adaptive Insights facilitates a straightforward deployment process with extensive support resources. Anaplan requires more setup effort with its sophisticated framework, but it provides expert consultation catering to demanding enterprise needs.

Pricing and ROI: Adaptive Insights offers competitive pricing and a favorable return on investment for smaller operations due to low initial costs. Anaplan, with higher upfront costs, justifies its expense through advanced functionalities providing long-term value for large-scale enterprises.

To learn more, read our detailed Adaptive Insights vs. Anaplan Report (Updated: January 2025).

Adaptive Insights vs. Anaplan

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Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Categories and Ranking

Adaptive Insights

Ranking in Business Performance Management

8th

Average Rating

8.4

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

Financial Performance and Strategy Management (3rd), Reporting (12th), Data Visualization (11th), ESG Reporting Software (5th)

Anaplan

Ranking in Business Performance Management

1st

Average Rating

8.0

Reviews Sentiment

7.1

Number of Reviews

Ranking in other categories

Production Planning (5th), Predictive Analytics (4th)

Mindshare comparison

As of January 2025, in the Business Performance Management category, the mindshare of Adaptive Insights is 4.0%, up from 2.9% compared to the previous year. The mindshare of Anaplan is 13.6%, down from 16.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management

Featured Reviews

Brian Teets

Workday Adaptive Planning Manager at Accenture

Facilitates leveraging the query reporting engine and modeling engine into Excel spreadsheets but there is room for improvement in terms of performance

There's a tool called Office Connect that leverages what I call the benefits of both worlds, where we can use the query reporting engine and the modeling engine that's in Adaptive Insights and leverage it into, like, an Excel spreadsheet. That's pretty popular with a lot of our client partners. Also, the ability to build models to do revenue models or expense or personal planning, and bottoms-up planning. Really, having a tool for a single source of truth. So when you have a lot of typical when we think of the process where a lot of planners are involved, separate spreadsheets. And if you have a lot of people involved, then you have that. Usually, it can be a nightmare. Trying to, right, aggregate that together. So, the aggregation option of the tool is really a big plus.

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Antonio Flor

Lead Anaplanner at Chaucer Group

Real-time data integration enhances operational efficiency and flexibility

As a client developer and solutions architect, I use Anaplan for building modules and deploying logic end-to-end. I work closely with the business in an agile manner to ensure the model aligns with business needs Anaplan offers flexibility in building different options within the platform. The…

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"Changes to corporate structure, account codes are updated in all versions including prior years, hence "one-version of truth" as claimed."

"The integration with our payroll system to complete staff modeling during our budget and forecast processes."

"It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday."

"It helps develop a more unified work format throughout the company."

"Reports are allowed to be edited for aesthetic purposes, which is lacking in a lot of other dashboard tools."

"Forecasting changes that instantly flow through all financial statements."

"The most valuable feature of the solution is its dashboard."

"The biggest feature is the source of truth for all of our budget and forecast versions."

More Adaptive Insights pros

"Anaplan provides 130 GB of cloud storage for organizations to use as part of their license."

"It's simple to use with a lot of functions."

"It's highly flexible. If you've got a complex environment with complex calculations, you can build that out. So that's a really good positive."

"You don't need to have a programming language to use Anaplan."

"Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility."

"The best thing is that it's very intuitive and user-friendly. You don't need coding skills to manipulate the platform."

"Anaplan's strongest feature is that its GUI is very modern and user-friendly."

"Where we're seeing the opportunity in the market is at the Fortune 100 companies that have far more complex modeling type scenarios where you need to be able to have a lot of people collaborating together, and you need a lot of information all at everyone's fingertips. This is where you see the big advantage of a solution like Anaplan."

More Anaplan pros

Cons

"Discovery (the data visualization module): Needs to catch up with BI leaders, such as MS and Tableau. E.g., sorting by amounts in column charts and page slicers to control all visuals."

"Adaptive Insights could improve the data designer interface to make integrations easier to set up."

"The upload feature exists, but isn't terribly useful."

"Their customer support team is slow to respond and not extremely confident."

"It's a Workday product; they could do a little bit better to integrate a pure-play integration with Workday, which really doesn't do that."

"Adaptive Insights has a limit of 1,00,000 rows for HTML reports. It should be improved because we will have multiple dimensions that need to be populated to enhance the image."

"The product's configuration process could be faster."

"Better user interface (UI)."

More Adaptive Insights cons

"The solution can improve by providing an easier form of integration to different platforms, such as receiving data from different Salesforce. There is a process to do it through the use of some APIs but it could be made much easier. This would be a large help to us."

"When there is a lot of data, it sometimes takes long to load."

"Anaplan should come up with flexible options to connect to a data warehouse rather than an Anaplan hub."

"One area of improvement is conditional formatting. It's not very practical, and you need to specify additional formatting."

"Anaplan is a relatively expensive piece of software."

"The dashboard could be better. Because within a dashboard or report, you have to do a lot of scrolling. You need to scroll down because the table doesn't fit in a single view. That's why even the users aren't happy with that kind of user experience. They need to scroll to see all the data, and it could be better if it fits in just one page. That way, you can see everything. In the next release, I want automation that's connected to Anaplan. For example, to load master data from SAP to Anaplan. I don't know if this already exists, but a log where you can see the progress and see if there's an error will also help. It would be better to give you the error message, for example, if there is an error within the automated process importing to Anaplan."

"The negative is that the higher the flexibility, the higher is the complexity. That can act against you as a negative because it does require a model builder or a coder/developer."

"The integration technique should be a little bit easier."

More Anaplan cons

Pricing and Cost Advice

"Licensing seems to be worth the cost considering the efficiency Adaptive brings."

"It's affordable."

"Adaptive Insights' pricing is reasonable."

"Ensure that you have the proper pricing plan in place."

"Adaptive Insights' pricing is relative to its peer competitors. It's certainly competitive compared to a spreadsheet template that you build in Excel. It can be expensive if you need to have 100-500 budget holders giving input and building financial plans. However, in that case, it becomes an extremely good bargain. Compared to its competitors, it offers an excellent value."

"Everything is negotiable, but this solution is low cost compared to others."

"Prior to purchasing licenses, make sure you understand which users will only need planning and which users will need both planning and OfficeConnect."

"Pricing is in line with other cloud-based EPM tools. It is a subscription-based model based upon the number of users and site type if it's an admin or end-user type thing."

"The cost of Anaplan is a challenge for clients, especially if they don't have an ongoing long-term use case for it. It's a $50,000 licensing fee just to get started. Clients need a strong business case to switch from Excel to Anaplan. But if clients have used something similar in the past, such as Hyperion or other solutions, that's not a factor because they know what to expect."

"The tool’s pricing is reasonable and competitive with other solutions."

"We are currently using a free workspace license for 90 days. We are satisfied with the price of the solution. There are additional costs if you want more storage, the default limit is 250 GB."

"This is a yearly subscription. So a customer initially buys a workspace and specifies how much GB they want. The minimum starts at around 30 GB. You can buy multiple workspaces."

"The license is a yearly subscription. There are three licensing tiers: the model builder, planner, and the reporting."

"The price of the solution is expensive."

"Anaplan is a bit pricier compared to its competitors - the license costs about $4,000 per user annually."

"A value-for-money product and a very reasonable price compared to competitors like SAP or IBM."

More Anaplan pricing and cost advice

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Top Industries

By visitors reading reviews

Computer Software Company

15%

Financial Services Firm

10%

Real Estate/Law Firm

Hospitality Company

Educational Organization

31%

Computer Software Company

10%

Manufacturing Company

Financial Services Firm

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

What do you like most about Adaptive Insights?

It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday.

What is your experience regarding pricing and costs for Adaptive Insights?

12 years ago, it was very affordable. Workday has definitely increased its price since it acquired Adaptive a few years ago. So, it's affordable. But there are other more affordable solutions that ...

What needs improvement with Adaptive Insights?

The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up. So, there could be room for just improving the integrations, making it easier to integrate outside sys...

What are your main use cases for Anaplan?

Anaplan is an industry-leading cloud-based corporate performance management (CPM) platform that combines business planning and analytics in a single solution. It is designed to assist organizations...

Is Board better than Anaplan as a Business Intelligence (BI) solution?

We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and simu...

Is Anaplan better than SAP ERP?

There are different aspects of both Anaplan and SAP ERP that I like and dislike. Anaplan improves forecast accuracy and drives up the quality of analytics. Rather than spending all of their time co...

IBM Planning Analytics vs Adaptive Insights

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Compared 8% of the time

IBM Planning Analytics vs Anaplan

Compared 7% of the time

Board vs Anaplan

Compared 6% of the time

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Product Reports

Adaptive Insights

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Also Known As

Workday Adaptive Planning, Adaptive Discovery , Workday Adaptive Planning

No data available

Learn More

Workday

Overview

Adaptive Insights is a cloud-based financial planning and analysis software that helps businesses streamline their budgeting, forecasting, and reporting processes.

With its intuitive interface and powerful analytics, it enables organizations to make data-driven decisions and drive business performance.

Anaplan is a cloud-based planning and performance management platform with documented use cases in finance, sales, supply chain, marketing, IT and HR. At the core of Anaplan's technology is a single hub where business users can build, deploy, maintain, and share models without coding or reliance on IT personnel.

With Anaplan You Can:

Accelerate revenue growth
Convert data into market opportunity
Drive higher sales performance
Gain market share
Improve customer satisfaction
See edge-to-edge across your company
Achieve business and technology goals
Become agile and resilient with continuous models and forecasts

The Anaplan Platform Is:

Flexible
Scalable
Collaborative
Secure
Multi-dimensional
Built to help businesses think ahead and rapidly adapt to change

Anaplan Benefits:

Illuminate blind spots and hidden opportunities.
Easily create a shareable, living representation of how your business actually works.
Dynamic planning allows you to continuously adapt to market changes and other changing circumstances effectively.
Information is always readily available and can be easily shared with all teams across your enterprise.
Anaplan provides intelligent decision-making. The platform gives you all the information you need to make business decisions and also gives you the ability to run several “what if” scenarios to determine which decision is best based on a large range of variables - at record speed, instead of it taking days or weeks to complete.
By using Anaplan, you can adapt to changes very quickly. You can consider all of the possible options before responding in real time.
Anaplan can be used remotely from wherever you are.
Anaplan will help your organization stay focused and on target. You can stay in control with the ability to run scenario calculations quickly and use the information to make adjustments as needed.
Anaplan provides accurate, real-time data so you don’t have to worry about the risk of bad data. In turn, this boosts shareholder confidence because Anaplan’s platform mitigates the risks associated with incorrect data.
Anaplan’s Connected Planning helps you meet regulatory requirements. All the relevant business data is held in one place, therefore making adjustments easier to implement quickly. With Connected Planning, results also have a full audit trail.

Anaplan Features:

Hyperscale computing: Anaplan eliminates the “messy middle” caused by out-of-date, siloed signals.
Integrated and dynamic signal set: This feature incorporates internal and external factors, relationships, and market context across functions which can all be seamlessly integrated.
Responsive unified system: Anaplan’s high-fidelity, responsive, and unified system for execution and accountability is reliable, accurate, and traceable.
Real-time insights: Detect signals hidden in your systems and gain insight into every asset, resource, risk, and change to help provide decision clarity.
Unlimited multi-dimensional scenarios: Anaplan helps your organization run unlimited multi-dimensional scenarios to identify ideal plans of action.
Synchronization: Using Anaplan, you can synchronize execution and readiness. Anaplan enables autonomous and coordinated in-market action by connecting headquarters to your most remote outposts.

Reviews from Real Users:

"Anaplan's in-memory calculation engine is super-fast compared to the old tools we previously used. You enter the data and everything shows up in one go.” - Sandeep A., Lead Analyst at a retailer

"This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable.” - Raghavendra K., Lead Consultant at a tech services company

"Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility.” - Anaplan model builder at a tech services company

Sample Customers

1. Cisco Systems 2. Coca-Cola Bottling Co. Consolidated 3. Deloitte 4. DocuSign 5. Dropbox 6. Electronic Arts 7. Fender Musical Instruments Corporation 8. Fitbit 9. Fossil Group 10. Groupon 11. Hilton Worldwide 12. HP Inc. 13. Intuit 14. Johnson & Johnson 15. LinkedIn 16. Lyft 17. McAfee 18. Medtronic 19. Netflix 20. Oracle 21. Pandora 22. PayPal 23. Pinterest 24. Red Hat 25. Salesforce 26. ServiceNow 27. Slack Technologies 28. Spotify 29. Symantec 30. Tableau Software 31. Twitter 32. Workday

HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora

Adaptive Insights vs. Anaplan