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Anaplan vs NICE Merced comparison

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Comparison Buyer's Guide

Executive Summary

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
8.2
Reviews Sentiment
6.5
Number of Reviews
36
Ranking in other categories
Production Planning (2nd), Predictive Analytics (4th)
NICE Merced
Ranking in Business Performance Management
33rd
Average Rating
8.0
Reviews Sentiment
7.2
Number of Reviews
1
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of September 2026, in the Business Performance Management category, the mindshare of Anaplan is 5.8%, down from 11.3% compared to the previous year. The mindshare of NICE Merced is 0.9%, up from 0.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Mindshare Distribution
ProductMindshare (%)
Anaplan5.8%
NICE Merced0.9%
Other93.3%
Business Performance Management
 

Featured Reviews

Segun Oladele - PeerSpot reviewer
Associate Manager, Accounting at BIC
Reporting and forecasting have become more automated through intuitive data organization and flexible number calendarization
I do not have any improvements from my own end at this time.There are some specific features or functionality that I would like to see included in Anaplan in the future. From what we have been using, I do not think there is any specific one because we import and export numbers. Importing and exporting with CSV files is already available in Anaplan. I do not have any special requests from Anaplan. I still decided to give Anaplan an eight because I have not seen a specific dashboard on Anaplan. Anaplan could have a dashboard where you can see the flow of your numbers displayed on pictorials rather than just saying this is the number. Simple dashboards should be implemented.
it_user217446 - PeerSpot reviewer
Systems Integration Developer at a hospitality company with 1,001-5,000 employees
The product is incredibly powerful although it can be a little temperamental when communicating between our corporate network and the hosted solution.
Take your time and get the basics right first. The whole solution will work and deliver results so much better if you get it set up correctly first time. You can correct initial set up but if you've put a lot of data into it, it will mean a lot of rework.

Quotes from Members

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

Pros

"Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility."
"The solution scales well."
"The forecasting and planning cycles that used to take months to collaborate now only take a week to finish and be worked upon."
"During our training in Anaplan, there was one quote saying, "almost everything can be built in Anaplan"."
"It's real-time connected planning, so the calculations are pretty much seamless as far as your model is connected."
"Anaplan offers flexibility in building different options within the platform."
"Anaplan paid for itself with what it saved on new hires."
"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)."
"The ability to allow every user from an agent all the way up through the hierarchy to self-correct issues and improve skills without having to wait for a performance review etc."
 

Cons

"Anaplan should come up with flexible options to connect to a data warehouse rather than an Anaplan hub, like a data decoupling layer with an option for customers to maintain their data on their own cloud."
"There is a chance of improvement for the history. In Anaplan back-end model, if there is any change, it is captured in the history, however, on the front-end UX page, if there are any changes on the UX page, there is no history captured."
"The cloud engine slows down when working with a large dataset. It still lacks a powerful engine."
"I chose a rating of eight because there is one backlog item: we are currently not using Anaplan for data reporting purposes."
"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 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."
"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."
"The visualization tools in the product are limited in comparison to other reporting tools."
"The problem with a tool that is incredibly powerful and flexible is that it can also be complicated."
 

Pricing and Cost Advice

"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."
"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."
"The price of the solution is expensive."
"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 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."
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Top Industries

By visitors reading reviews
Financial Services Firm
13%
Manufacturing Company
10%
Computer Software Company
8%
Insurance Company
7%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business10
Midsize Enterprise5
Large Enterprise18
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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Comparisons

 

Also Known As

No data available
Merced
 

Overview

 

Sample Customers

HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
Financial Services
Find out what your peers are saying about Anaplan, SAP, Oracle and others in Business Performance Management. Updated: August 2026.
911,769 professionals have used our research since 2012.