We performed a comparison between Anaplan and Board based on real PeerSpot user reviews.
Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."It's real-time connected planning, so the calculations are pretty much seamless as far as your model is connected."
"Anaplan's strongest feature is that its GUI is very modern and user-friendly."
"Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility."
"The solution works very well for budgeting."
"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."
"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."
"It's simple to use with a lot of functions."
"The features that I have found most valuable are that it is web-based and easy to use."
"BOARD technical support is knowledgeable and helpful."
"The reporting part has been very valuable as the capabilities of the tool do not have to change graphs, change how grids are displayed, and can create reports on the fly."
"It is very easy to use. It has got what they call a toolkit, which is a no-code development environment. You can develop a whole solution with it because it is a complete platform. There is a lot of online material that can be used as a reference. You can help yourself while developing a solution. There are some prebuilt applications in the platform environment. You can very easily customize and integrate these applications. It also has flexible scaling of machine resources, which is really great."
"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."
"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."
"I think it's flexible. I chose this solution because, even though it wasn't out-of-the-box, you can customize it, and the long-term growth potential of the software is where I see the value."
"The benefits are getting the data in one spot, the ability to report dynamically, and version control."
"All the reports are prepared automatically."
"Automation needs to be built into this solution."
"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."
"One area of improvement is conditional formatting. It's not very practical, and you need to specify additional formatting."
"Anaplan should come up with flexible options to connect to a data warehouse rather than an Anaplan hub."
"There are workspace issues, like the limitation on model sizes."
"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."
"The tool needs to work on its integration with MS Excel and MS Word. The tool does not allow data analysis in spreadsheets which is possible on other platforms. I want the solution to be more collaborative to facilitate decision-making in organizations."
"The integration technique should be a little bit easier."
"I'd like to see a more passive report user for enterprise report writers that aren't particularly technical."
"Some of our users are still using an MS Office add-in for Excel for certain calculations, and when they export from Board, some of the values, some of the totals and column names, are not coming through into Excel."
"I would like to see a better Web client, where the controls work the same way as in the Windows client. I do think that the focus is now on the Web, so it should be improved upon."
"Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules."
"We would like to see better logging in the procedural world."
"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 can't delete entities and cubes in Boards because it interrupts our whole data model."
"It can have more functionality for narrative reporting. They should also improve their training courses, which are currently very lightweight. When you get into more complex things, it is quite difficult to figure out what you're supposed to do, and you have to look at a lot of videos before you actually understand, which is a bit frustrating. Their training can be more comprehensive."
Anaplan is ranked 1st in Business Performance Management with 24 reviews while Board is ranked 11th in Business Performance Management with 35 reviews. Anaplan is rated 8.0, while Board is rated 8.6. The top reviewer of Anaplan writes "Great for large-scale modelling, easy to learn, and very stable". On the other hand, the top reviewer of Board writes "A stable solution with good user-experience, easy deployment but needs some improvement with engine ". Anaplan is most compared with SAP ERP, SAP S/4HANA, Oracle Hyperion, SAP Analytics Cloud and Planful, whereas Board is most compared with SAP Analytics Cloud, IBM Planning Analytics, Oracle Hyperion, Microsoft Power BI and CCH Tagetik. See our Anaplan vs. Board report.
See our list of best Business Performance Management vendors.
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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 team used at a previous job posting. We do sometimes recommend Power BI but only if the team is willing to put the budget behind it to properly implement and design. (Lots of companies operate on the 'we're a Microsoft shop' theory and try to set it up themselves - which is fine if your IT guys are also data scientists but kinda sucks otherwise.)
So - in our customer base, which is a limited sample set but we're working on that, we don't see Board and Anaplan in the same evaluations - not to say that we shouldn't, just that we haven't.
So your choice is Board's BI and CPM capabilities, vs Anaplan's FP&A and BI features. As is always the case, whichever specific capability or feature set offers more defined, measurable ROI in your companies' particular situation determines 'better'.
I would say that Board and Anaplan are mainly used for FP&A and not BI.
As a small company, I would suggest using either Power BI or ThoughtSpot. With Power BI you will need some technical, data, analytical expertise either in-house or from a 3rd party. ThoughtSpot MSP may be the answer depending on your use case as there are packages around smaller organizations where you pay for the software already hosted on AWS and services included, all you need to do is provide data, it will be modelled as part of the service then you can search across the data as much as you want. I have a good example of a non for profit organisation using this.
I'm happy to help if you would like some further advice.
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.
Charles as Investment Director for an industrial company with only 1-10 employees, you may find that the SaaS costs of both BOARD and Anaplan are beyond your budget or need.
Happy to engage in a 1-2-1 to analyse requirements and if necessary make appropriate recommendations.