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Anaplan vs CCH Tagetik 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
28
Ranking in other categories
Production Planning (4th), Predictive Analytics (3rd)
CCH Tagetik
Ranking in Business Performance Management
11th
Average Rating
7.8
Reviews Sentiment
6.8
Number of Reviews
7
Ranking in other categories
Financial Close Software (4th)
 

Mindshare comparison

As of June 2025, in the Business Performance Management category, the mindshare of Anaplan is 13.5%, down from 15.2% compared to the previous year. The mindshare of CCH Tagetik is 7.9%, up from 5.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
 

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…
Julia Lupidii - PeerSpot reviewer
User-friendly performance management with intuitive approach
I appreciate its user-friendliness, especially for business users who may not be very tech-savvy. In many organizations, there's a mix of IT professionals and business users with varying levels of technical expertise. One of the strengths of the solution includes a feature similar to SmartView, is that it allows users to work with Excel. Since Excel is a widely familiar tool, it reduces the learning curve and makes it more accessible to a broader audience within the organization. The workflow feature within the solution is particularly valuable. It simplifies complex processes into a step-by-step sequence, making it easy for users to follow along.

Quotes from Members

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

Pros

"The solution scales well."
"It's real-time connected planning, so the calculations are pretty much seamless as far as your model is connected."
"Anaplan's most valuable features are that it's a no-coding platform, everything can be scaled to your other functions, and it's easy to learn and use (especially because Anaplan provides excellent interactive training)."
"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."
"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 best thing is that it's very intuitive and user-friendly. You don't need coding skills to manipulate the platform."
"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 most valuable feature of CCH Tagetik is form creation."
"The ability for integration and automatic loading from the Oracle system into CCH Tagetik is very valuable."
"Has an APM, which deals with the details of data and has calculation functions included."
"I appreciate its user-friendliness, especially for business users who may not be very tech-savvy."
"I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure Register, which benefits certain entities. The workflow feature is great, but it can become overly detailed and lacks clear guidance on design. The solution is good in terms of storage."
 

Cons

"One key area of improvement is pricing."
"I would rate scalability between six and seven. Anaplan had issues before, but the new Polaris engine solves them, although its implementation is more challenging compared to the Classic engine."
"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."
"It would be nice if the solution offered better extensions."
"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."
"Anaplan should come up with flexible options to connect to a data warehouse rather than an Anaplan hub."
"One area of improvement is conditional formatting. It's not very practical, and you need to specify additional formatting."
"Anaplan is a relatively expensive piece of software."
"There is a need for improvement in the ability to generate all reports from one click, like both P&L and balance sheets, to be available together in Excel."
"Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity."
"The tool's major drawback is the ETL process, which is not up to par with other solutions."
"We faced difficulties while uploading data."
"There is room for improvement, especially on the settings side of the solution."
 

Pricing and Cost Advice

"A value-for-money product and a very reasonable price compared to competitors like SAP or IBM."
"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."
"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."
"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 price of the solution is expensive."
"This is an expensive product and if the price were reduced then it would attract more customers."
"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 solution's pricing is affordable."
"The solution is quite expensive."
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Top Industries

By visitors reading reviews
Educational Organization
23%
Computer Software Company
11%
Financial Services Firm
8%
Manufacturing Company
8%
Manufacturing Company
12%
Financial Services Firm
11%
Computer Software Company
10%
Retailer
8%
 

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 CCH Tagetik?
I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure Reg...
What is your experience regarding pricing and costs for CCH Tagetik?
I am not informed about pricing, but CCH Tagetik was chosen over HFM due to more comprehensive functionalities related to IFRS 17. For larger companies, pricing might be less important compared to ...
What needs improvement with CCH Tagetik?
There is a need for improvement in the ability to generate all reports from one click, like both P&L and balance sheets, to be available together in Excel. It would also be helpful if the syste...
 

Comparisons

 

Also Known As

No data available
Tagetik
 

Overview

 

Sample Customers

HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
Daimler, Randstad, Rabobank, Metro Group
Find out what your peers are saying about Anaplan vs. CCH Tagetik and other solutions. Updated: June 2025.
853,831 professionals have used our research since 2012.