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Anaplan vs PeopleSoft comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Anaplan
Average Rating
8.0
Number of Reviews
26
Ranking in other categories
Business Performance Management (1st), Production Planning (5th), Predictive Analytics (4th)
PeopleSoft
Average Rating
8.0
Number of Reviews
82
Ranking in other categories
ERP (11th), Activity Based Costing Software (6th), Benefits Administration (4th), Talent Management (6th), Demand Management (2nd), Talent Acquisition (4th)
 

Mindshare comparison

Anaplan and PeopleSoft aren’t in the same category and serve different purposes. Anaplan is designed for Business Performance Management and holds a mindshare of 13.5%, down 16.3% compared to last year.
PeopleSoft, on the other hand, focuses on ERP, holds 2.6% mindshare, down 2.7% since last year.
Business Performance Management
ERP
 

Featured Reviews

Kumaran Singaram - PeerSpot reviewer
May 23, 2023
Effective machine learning, constantly evolving, but price could improve
Anaplan is used for various financial planning, such as supply chain, and consolidation My clients exhibit enhanced efficiency in financial planning, supply chain management, demand planning, and financial consolidation. They possess superior visibility, enabling swift action-taking. The most…
HarishMahanta - PeerSpot reviewer
Mar 24, 2023
Comprehensive solution for SCM but requires add-ons for fluid pages
I would like to see a chatbot in PeopleSoft as part of artificial intelligence. Moreover, there are already a few things in the cloud. In the market, all companies and entities are moving to the cloud, whether it is Oracle cloud or AWS cloud. The cloud is the most secure platform where we can also have Fusion. Few companies have migrated from PeopleSoft to Fusion or Oracle Cloud, or AWS cloud based on their organization's requirements. Some organizations are moving from PeopleSoft to upgrade their tools or application versions, while others are moving from PeopleSoft to HCM Cloud if they are into HCM. The cost of the product depends on the enterprise's size, and some enterprises are moving in quantity due to the current market. Additional areas that need improvement are the add-ons to the fluid pages and additional features in SCM and finance, both functionally and technically.

Quotes from Members

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

Pros

"Anaplan integrates well into my clients' core systems. The ability to aggregate the forms within the dashboarding is also useful. Only one of my clients has implemented workflow. Their usage has been very light. Dashboarding capability is probably the biggest one. My clients like having the ability to aggregate, slice and dice, and dynamically adjust things in the dashboards."
"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."
"Anaplan's strongest feature is that its GUI is very modern and user-friendly."
"Anaplan provides 130 GB of cloud storage for organizations to use as part of their license."
"Anaplan's scalability stands out compared to other platforms, especially for scenario planning and what-if analysis."
"You don't need to have a programming language to use Anaplan."
"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."
"It's real-time connected planning, so the calculations are pretty much seamless as far as your model is connected."
"The most valuable feature is IDE."
"It is a very stable ERP solution. It is also supported on Oracle Cloud and provides extensive features."
"The most valuable feature of the solution is its stability."
"I would recommend the solution. It's very stable and scalable, which makes it a reliable solution."
"This solution integrates very well with other products which is helpful."
"A valuable feature is HCM."
"The time system is what we get the most benefit from."
"Scales up very well."
 

Cons

"Anaplan could be improved with a stronger consolidation module."
"The integration technique should be a little bit easier."
"Anaplan is a relatively expensive piece of software."
"It would be nice if the solution offered better extensions."
"One area of improvement is conditional formatting. It's not very practical, and you need to specify additional formatting."
"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 cloud engine slows down when working with a large dataset. It still lacks a powerful engine."
"Anaplan's workflow component is probably the biggest area for improvement. I'd also like to see Anaplan add an ad hoc reporting tool that allows users to query things. It's going to factor into how you design your data set and your models, but I'd like the ability to create ad hoc queries against the data that's in there."
"PeopleSoft could improve by being more user-friendly. It's somewhat awkward to navigate."
"Scalability is not there in PeopleSoft. Its performance and resilience are also very bad. When you're trying to stretch it, it breaks. It is not resilient. It is also not stable. It is stable as far as data is concerned, but the infrastructure is not stable."
"I would like to see a better UI."
"The whole systematic flow of any query raised to HR should be improved."
"The API integration could be better."
"On the other hand, the more recent push for standardization precludes customized approaches to certain industry requirements."
"The area that could be improved is the upgrade process, it's not the easiest. Oracle stopped supporting our version. So we have to move either to the cloud or work in a non-supported situation. That was certainly a disadvantage. That's also the reason why we decided not to stay with Oracle. Now we are moving to SAP."
"I would like for the initial rollout process to be completed faster so that it can be implemented in a more efficient manner."
 

Pricing and Cost Advice

"Anaplan is a bit pricier compared to its competitors - the license costs about $4,000 per user annually."
"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 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."
"The price of the solution is expensive."
"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 license is a yearly subscription. There are three licensing tiers: the model builder, planner, and the reporting."
"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."
"Check all options before a decision is made."
"I would consider this to be an expensive product, but the quality justifies it."
"There are no additional costs for licensing."
"I don't know if they are still providing licenses or if they have suspending licenses."
"The licensing cost for PeopleSoft is 3,500 per course and the annual subscription fee is 6,500."
"The solution is priced per module."
"PeopleSoft has a yearly maintenance fee."
"It's approximately $3,000,000 to $4,000,000 USD per year."
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Top Industries

By visitors reading reviews
Educational Organization
29%
Computer Software Company
10%
Manufacturing Company
8%
Financial Services Firm
8%
Financial Services Firm
11%
Computer Software Company
10%
University
9%
Government
9%
 

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 are the differences between Oracle HCM Cloud and PeopleSoft?
Although both are solutions to manage HR, their differences make each one suitable for different companies. Oracle Cloud HCM is a platform for connecting all human resource processes in your organ...
What do you like most about PeopleSoft?
I use the reporting feature occasionally to check for potential improvements in timesheets. We have integrated it with Power BI.
 

Comparisons

 

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Overview

 

Sample Customers

HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
BMI Healthcare, Lone Star College System, Jefferson County Public Schools, Griffith University, Los Rios Community College District, Tervita Corporation, INFRA S.A. de C.V., ICF Habitat, Central Washington University, Tech Mahindra Limited, Cognizant Technology Solutions, Stanford Childrens Health
Find out what your peers are saying about Anaplan, Oracle, IBM and others in Business Performance Management. Updated: October 2024.
814,649 professionals have used our research since 2012.