anaplan pros and cons
Doing something like this can lock up the system for an extensive amount of time, also locking out your peers.Suppressing Zero. It makes reporting and BI extremely user friendly and flexible.Its fast. With a background deep in Excel modeling and the frustrations that come along with it, Anaplan is a breath of fresh air and is actually fun to build and model in.Dashboarding and synchronization. That's so simple and it's very frustrating and expensive to have to build/buy our own.Reporting and UI still have a long way to go. I also can't see all models a user has access to from the tenant admin space.Anaplan is great for headcount reporting. Please consider it!We really like the Data Hub concept. If you had the same exact model in Excel and Anaplan. It can calculate an enormous amount of data, an amount that excel would have no chance at processing.History/Audit Trails/Restore Points - every single change to the model is logged and a restore point createdLarge up front cost compared to using an existing platform like ExcelDefine the right incentive compensation plan for every sales rep and maximize your sales results with Anaplan Incentive Compensation Planning and Optimization. -Quickly determine the effect of proposed business changes on sales compThe pressure to develop accurate plans super-quickly-and update them as you get new information has never been higher. It seems no version control at all. As its core Anaplan models are built around hierarchical lists and dimensions and using similar dimensions in dashboards allows you to synchronize to different views of the same data with simple clicks around a dashboard.
Simple things like being able to alphabetize/order what you see on the screen, or add a rich color pallet to choose from.User access management could improve. Using data from Salesforce, you can model, manage and pay complex comp plans in real-time. The ability to update a single variable and have that change propagated through the entire model is unparalleled.Another strength is the ability to have multiple users working in a given model simultaneously. Yes, I can build a line item that does that. Where Anaplan, as a company can improve, is the consultants. It makes it really simple to ask questions and find answers if we are having difficulty with certain items.I believe user set up within Anaplan is one of the areas that could be improved greatly.Workflow is another area that I believe could be improved. It all connects.Marketing - Anaplan helps marketers eliminate spreadsheets to drive efficiency across planning, production, execution, and measurement. When updating a formula, you may have missed a bracket. We are fortunate to have Aviana Global guiding us through the initial phases of our process. All the modeler in my company had hard time to teach ourselves by using the documentation so none of us was able to complete the intermediate training.Calculate values based on data in other files; we use this for scoring accountsSee the impact of new scenarios and potential changes; we do this with proposed territory changesLogistics and relationships of data are complicated if you do not have a data backgroundScalability - ability to build out financials with new SKUs spanning multiple financial assumptionsAbility to export data across systems SQL / TableauHierarchy of units that are used cross functionally that aren't easily translated between orgsAbility to call back parts of models previously built upElegance in design can be make or break between cost accretion and dilutionIt allows for us to lock our forecast, which is extremely important for a public company.It's an extremely collaborative tool, allowing multiple users on a team to update the forecast, without fear of breaking the system.It is easy for a finance person to understand the formulas and update them as the business changes.Error Messages.
And all users lose changes of course.As an Admin, my #1 request is: why can't we select multiple list members with check boxes? Currently, I do not believe, there is a way to create an action against workflow. The corollary is that unless that knowledge is spread to multiple people on the team, there can be substantial risk were a key resource to leave the group.Building a new model does require a fair amount of up-front planning and construction. While our model-builder made the back-end adjustments in Florida, our analyst continued to work through a new set of variables. Also get a native scheduler! Of course Admins can, but I think users would really appreciate it this one. This was particularly useful during our account based planning implementation, when we had a number of sales managers and reps contributing their forecasts all at once.Enablement -- Anaplan should invest more in both its training capability and training content. -Optimize your commissions to drive more top-line revenue
With only two hours before our deadline, we NEVER would have even entertained making the change in Excel.The thing that Anaplan does -- that I haven't seen elsewhere -- is the ability to get to data-driven analysis of the future.
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