Anaplan vs Prophix comparison

Anaplan is a cloud-based planning and performance management platform with documented use cases in finance, sales, supply chain, marketing, IT and HR. At the core of Anaplan's technology is a single hub where business users can build, deploy, maintain, and share models without coding or reliance on IT personnel.

With Anaplan You Can:

• Accelerate revenue growth
• Convert data into market opportunity
• Drive higher sales performance
• Gain market share
• Improve customer satisfaction
• See edge-to-edge across your company
• Achieve business and technology goals
• Become agile and resilient with continuous models and forecasts

The Anaplan Platform Is:

• Flexible
• Scalable
• Collaborative
• Secure
• Multi-dimensional
• Built to help businesses think ahead and rapidly adapt to change

Anaplan Benefits:

• Illuminate blind spots and hidden opportunities.
• Easily create a shareable, living representation of how your business actually works.
• Dynamic planning allows you to continuously adapt to market changes and other changing circumstances effectively.
• Information is always readily available and can be easily shared with all teams across your enterprise.
• Anaplan provides intelligent decision-making. The platform gives you all the information you need to make business decisions and also gives you the ability to run several “what if” scenarios to determine which decision is best based on a large range of variables - at record speed, instead of it taking days or weeks to complete.
• By using Anaplan, you can adapt to changes very quickly. You can consider all of the possible options before responding in real time.
• Anaplan can be used remotely from wherever you are.
• Anaplan will help your organization stay focused and on target. You can stay in control with the ability to run scenario calculations quickly and use the information to make adjustments as needed.
• Anaplan provides accurate, real-time data so you don’t have to worry about the risk of bad data. In turn, this boosts shareholder confidence because Anaplan’s platform mitigates the risks associated with incorrect data.
• Anaplan’s Connected Planning helps you meet regulatory requirements. All the relevant business data is held in one place, therefore making adjustments easier to implement quickly. With Connected Planning, results also have a full audit trail.

Anaplan Features:

• Hyperscale computing: Anaplan eliminates the “messy middle” caused by out-of-date, siloed signals.
• Integrated and dynamic signal set: This feature incorporates internal and external factors, relationships, and market context across functions which can all be seamlessly integrated.
• Responsive unified system: Anaplan’s high-fidelity, responsive, and unified system for execution and accountability is reliable, accurate, and traceable.
• Real-time insights: Detect signals hidden in your systems and gain insight into every asset, resource, risk, and change to help provide decision clarity.
• Unlimited multi-dimensional scenarios: Anaplan helps your organization run unlimited multi-dimensional scenarios to identify ideal plans of action.
• Synchronization: Using Anaplan, you can synchronize execution and readiness. Anaplan enables autonomous and coordinated in-market action by connecting headquarters to your most remote outposts.

Reviews from Real Users:

"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.” - Sandeep A., Lead Analyst at a retailer

"This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable.” - Raghavendra K., Lead Consultant at a tech services company

"Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility.” - Anaplan model builder at a tech services company

Prophix Software is a leading developer of solutions designed to automate financial processes including budgeting, planning, reporting, analysis, and performance management for the mid-market. Thousands of finance leaders around the world use Prophix to empower their organization and gain greater insight into business performance. Prophix and its partners deliver the best value by combining high end functionality, low total cost of ownership, and the fastest implementations in its class.