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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
2nd
Average Rating
8.0
Reviews Sentiment
7.1
Number of Reviews
28
Ranking in other categories
Production Planning (5th), Predictive Analytics (4th)
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 (7th)
 

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

"Technical support has been good."
"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."
"The features that I have found most valuable are that it is web-based and easy to use."
"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."
"You don't need to have a programming language to use Anaplan."
"It's simple to use with a lot of functions."
"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."
"The solution scales well."
"The ability for integration and automatic loading from the Oracle system into CCH Tagetik is very valuable."
"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."
"The most valuable feature of CCH Tagetik is form creation."
"I appreciate its user-friendliness, especially for business users who may not be very tech-savvy."
"Has an APM, which deals with the details of data and has calculation functions included."
 

Cons

"Space and integration are a problem."
"Anaplan is a relatively expensive piece of software."
"One key area of improvement is pricing."
"When there is a lot of data, it sometimes takes long to load."
"It would be nice if the solution offered better extensions."
"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."
"Anaplan could be improved with a stronger consolidation module."
"The tool's major drawback is the ETL process, which is not up to par with other solutions."
"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."
"We faced difficulties while uploading data."
"Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity."
"There is room for improvement, especially on the settings side of the solution."
 

Pricing and Cost Advice

"The price of the solution is expensive."
"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."
"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."
"Anaplan is a bit pricier compared to its competitors - the license costs about $4,000 per user annually."
"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 license is a yearly subscription. There are three licensing tiers: the model builder, planner, and the reporting."
"A value-for-money product and a very reasonable price compared to competitors like SAP or IBM."
"This is an expensive product and if the price were reduced then it would attract more customers."
"The solution's pricing is affordable."
"The solution is quite expensive."
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Top Industries

By visitors reading reviews
Educational Organization
16%
Computer Software Company
12%
Financial Services Firm
9%
Manufacturing Company
9%
Manufacturing Company
12%
Financial Services Firm
10%
Computer Software Company
9%
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.
858,327 professionals have used our research since 2012.