Anaplan Vs Excel
How does Anaplan compare against Excel
Anaplan provides large-scale collaborative planning and decision-making across every area of your business in a platform built in the cloud. It leverages standards-based data integration, allowing you to bring in data from any source. Anaplan combines the benefits of cube, columnar, and cell-based frameworks with an in-memory modeling environment and a multi-threaded calculation engine to meet real-time modeling and calculation demands.
Anaplan’s multidimensional platform offers a powerful modeling and calculation engine that allows you to make instant changes to models of any size. With this Connected Planning platform, you can:
- Execute “what-if” scenarios without administrative burden
- Control security by restricting access to any individual cell, intersection of data, or sheet
- Quickly replicate what would take hours to build in Excel
- Plan across multiple dimensions (time, months, years, geography, regions, and global rollup.)
Although many companies still use Excel to plan, budget, analyze, and report, it’s a struggle to compete in today’s rapidly changing economy by managing static data in standalone spreadsheets. And from a modeling perspective, one of Excel’s most significant shortcomings is its scalability and constraints of a two-dimensional platform.
At MindStream Analytics, our knowledgeable consultants can help your organization understand if Anaplan is right for your business. MindStream was formed by a diverse team of Performance Management consultants and Industry leaders with years of planning, budgeting, forecasting, and reporting experience.
