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Anaplan vs Planful comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Anaplan
Ranking in Business Performance Management
1st
Average Rating
8.0
Reviews Sentiment
7.9
Number of Reviews
26
Ranking in other categories
Production Planning (5th), Predictive Analytics (4th)
Planful
Ranking in Business Performance Management
16th
Average Rating
8.0
Number of Reviews
2
Ranking in other categories
Financial Close Software (19th)
 

Mindshare comparison

As of November 2024, in the Business Performance Management category, the mindshare of Anaplan is 13.5%, down from 16.3% compared to the previous year. The mindshare of Planful is 2.5%, down from 3.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
 

Featured Reviews

Kumaran Singaram - PeerSpot reviewer
Effective machine learning, constantly evolving, but price could improve
If the solution is built correctly there is no maintenance needed. The crucial aspect is to ensure that there are individuals who possess the knowledge to effectively utilize the tool. It is akin to piloting an airplane, where one must first acquire the skills to fly before attempting to operate it. Otherwise, they will crash it. I rate Anaplan a seven out of ten.
reviewer1110591 - PeerSpot reviewer
It has helped us speed up the turnaround time on our consolidation, and we haven't had anything come up that the program has not been able to solve
The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools. The application that we use today for our BI tools is Tableau. That's how people absorb information. We don't really use the functionality or dashboards within Planful because of the robustness of Tableau. That's our single source of data. If Planful was better or more comparable in terms of features and functionality, we could probably leverage that in Planful.

Quotes from Members

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

Pros

"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."
"Anaplan's strongest feature is that its GUI is very modern and user-friendly."
"It's real-time connected planning, so the calculations are pretty much seamless as far as your model is connected."
"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."
"You don't need to have a programming language to use Anaplan."
"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."
"The best thing is that it's very intuitive and user-friendly. You don't need coding skills to manipulate the platform."
"Anaplan provides 130 GB of cloud storage for organizations to use as part of their license."
"It has helped us speed up the turnaround time on our consolidation. We don't have to do reporting in Excel anymore, which has cut down on the errors and the efficiency of our close time."
 

Cons

"It would be nice if the solution offered better extensions."
"One key area of improvement is pricing."
"There are workspace issues, like the limitation on model sizes."
"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."
"Anaplan should come up with flexible options to connect to a data warehouse rather than an Anaplan hub."
"The visualization tools in the product are limited in comparison to other reporting tools."
"The solution could improve by better dashboards and while entering the form loss and project implementation the ability to use graphical shapes more effectively."
"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 part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools."
 

Pricing and Cost Advice

"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."
"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 price of the solution is expensive."
"Anaplan is a bit pricier compared to its competitors - the license costs about $4,000 per user annually."
"The tool’s pricing is reasonable and competitive with other solutions."
"This is an expensive product and if the price were reduced then it would attract more customers."
"A value-for-money product and a very reasonable price compared to competitors like SAP or IBM."
"Right now, everything is on a three-year term contract, and that is our main cost."
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Top Industries

By visitors reading reviews
Educational Organization
29%
Computer Software Company
10%
Manufacturing Company
8%
Financial Services Firm
7%
Computer Software Company
16%
Healthcare Company
11%
Manufacturing Company
10%
Financial Services Firm
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

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...
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Sample Customers

HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
Tandem Diabetes Care, Reed Exhibitions, SkyGolf, Zep Inc., Thule, Stylesight, Schumacher Group, Parsons Electric, Nextag, Groupon
Find out what your peers are saying about Anaplan vs. Planful and other solutions. Updated: October 2024.
816,406 professionals have used our research since 2012.