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Anaplan vs Board comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 19, 2024

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

Anaplan
Ranking in Business Performance Management
1st
Average Rating
8.0
Reviews Sentiment
7.1
Number of Reviews
27
Ranking in other categories
Production Planning (5th), Predictive Analytics (4th)
Board
Ranking in Business Performance Management
10th
Average Rating
8.4
Reviews Sentiment
7.1
Number of Reviews
36
Ranking in other categories
BI (Business Intelligence) Tools (24th), Reporting (20th)
 

Mindshare comparison

As of March 2025, in the Business Performance Management category, the mindshare of Anaplan is 13.4%, down from 16.0% compared to the previous year. The mindshare of Board is 6.4%, up from 5.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
 

Q&A Highlights

CC
Aug 10, 2021
 

Featured Reviews

Antonio Flor - PeerSpot reviewer
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…
Wiboon Thabsuwan - PeerSpot reviewer
Easy to use and requires less time to learn or understand its features
I think the product is good in terms of ease of use. The interface looks really nice and very easy to use. Every command appears in the icon. It looks like you don't have to understand everything about the command. You do not necessarily have to know more, or I would say that there is less time for our study about the products. Functionality-wise, it is quite easy to use and requires less time to understand or learn about the product. I am a software vendor, so I do not use the tool myself. I use it for my clients. My clients mostly use it for budgeting and timing purposes. I would say that's really less maintenance at all because they can do everything by themselves. It is good in terms of ease of use.

Quotes from Members

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

Pros

"Anaplan's strongest feature is that its GUI is very modern and user-friendly."
"The solution scales well."
"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."
"This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable."
"It's simple to use with a lot of functions."
"I believe Anaplan is a new cloud tool, and from time to time, there's a lot of improvement that the Anaplan company deploys with the system. So, with that improvement, we need to really adapt and know the new system trends."
"The most valuable feature of Anaplan is machine learning. The solution is constantly evolving from feedback. Additionally, there is a wide range of training material online."
"Anaplan's scalability stands out compared to other platforms, especially for scenario planning and what-if analysis."
"All staff can now see their relevant scorecards online."
"I liked the way that I felt as a user and administrator of it. There were a lot of clicks, drops, drags, etc. versus writing code."
"Our clients have improved a lot in terms of coordination and communication. This has improved their internal performance."
"​Our data is now more structured. Between our data warehouse and BOARD, which are both brand new, we now have a more structured data view with more accurate, timely data."
"Where it used to take me three days at the beginning of the year to create the new financial statement, now it is a matter of minutes because all the data is in the system."
"The ability to do write back and visualization, with minimal IT development orientation."
"Primary valuable features are its flexibility and versatility and, obviously, functionality goes along with that. Plus, it does that at a small footprint in the file servers, and does it very efficiently."
"The ease of being able to get the data into BOARD is what makes it nice for people with a semi-IT background."
 

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."
"There are so many business rules to set up in the system that as a business user it's hard to gauge what they're doing and it's possible to get lost."
"Space and integration are a problem."
"The visualization tools in the product are limited in comparison to other reporting tools."
"Anaplan could enhance its user interface by including a more user-friendly API."
"Anaplan should come up with flexible options to connect to a data warehouse rather than an Anaplan hub."
"The price of the solution can improve."
"The cloud engine slows down when working with a large dataset. It still lacks a powerful engine."
"It needs more export to Excel functionality. Right now, we're having to build within the cloud-based platform, as well as build within the Excel add-in, because the export to Excel is somewhat ugly."
"It's very powerful, but there is also a big learning curve. ​It should be a little more intuitive."
"​My analysts have used the technical support. Sometimes they have felt like they did not receive the answer that they needed, or you have to go and upgrade in order to address a problem. ​"
"We are looking at ways to improve how we deal with security in BOARD and other similar things. ​"
"The initial setup was very complex for us."
"It would be nice to see truly transferable processes from model to model, as well as a method of building repetitive processes."
"The product can be improved by making it possible to know where cubes are used."
"The engine of the Board should be made powerful like the engine of IBM planning which is more powerful in terms of performance. The consolidated finance area also needs improvement."
 

Pricing and Cost Advice

"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."
"The entry-level is anywhere from about $30,000 to $50,000 a year, however, it does go up significantly after that depending on the complexity and how much space you're using."
"A value-for-money product and a very reasonable price compared to competitors like SAP or IBM."
"Anaplan is a bit pricier compared to its competitors - the license costs about $4,000 per user annually."
"The price of the solution is expensive."
"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."
"Find a partner who will take responsibility for the implementation, and be available for support."
"​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
"It is not the cheapest product on earth, but you get so much. It provides good value for money."
"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
"The tool's price is a bit high compared to other solutions."
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Answers from the Community

CC
Aug 10, 2021
Aug 10, 2021
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 simultaneous users to speed the planning process. We see Anaplan competing with Host Analytics, Hyperion, Adaptive, that sort of thing. BI evaluations generally include Qlik, Tableau and whatever the tea...
2 out of 6 answers
EB
Aug 3, 2021
Hello @Muskan Jhingan, @Chang Geng, @Sumanth NR. Can you please share your professional opinion with @Charles C?​   Thank you!
CG
Aug 3, 2021
Usually, we say Board provides lots of toolkits to achieve both CPM and BI. But, the Anaplan mainly focuses on CPM solutions. If the enduser doesn't have any existing planning strategy, maybe they can refer to Anaplan solution directly and easily. If the enduser already has a clear planning strategy, and they just want to find a tool to achieve it, maybe Board is a better choice because its smart toolkits can be used easily and give more possibilities. BTW, if you want to fully use the BI function (colourful charts, dashboard, multi-dimensional analysis), Board will be absolutely better. Just for your reference.
 

Top Industries

By visitors reading reviews
Educational Organization
30%
Computer Software Company
10%
Financial Services Firm
7%
Manufacturing Company
7%
Computer Software Company
13%
Financial Services Firm
12%
Manufacturing Company
10%
Insurance Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

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...
What do you like most about Board?
All the reports are prepared automatically.
What needs improvement with Board?
Some of my company's customers are interested to see the predictive analytics part of the tool. Some customers would like to leverage or prioritize predictive analytics as the main feature, but som...
What is your primary use case for Board?
I use the solution mainly for budgeting purposes. Budgeting and planning are its main use cases. The product itself is designed for budgeting and planning processes.
 

Comparisons

 

Overview

 

Sample Customers

HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
Find out what your peers are saying about Anaplan vs. Board and other solutions. Updated: March 2025.
842,296 professionals have used our research since 2012.