Anaplan Financial Close and Consolidation

1. Customization 2. Real-time collaboration 3. Product Features 4. Tool's capability to perform complicated calculations and modelling 5. User Interface

A cloud-based system that facilitates Fluence works great. It's lightning fast to set up and use it, which makes us rid of outdated on-premise software. Automation for data collection and reconciliations are real time-savers. And we can focus on the analysis work with the automated process.

- Very customizable - Switchover functionality is helpful to update actuals - Dashboards look good and are easy to create - Granular access management thanks to dynamic cell access

1. Although it integrates seamlessly with ERP systems, however, integrating with less common systems might require additional middleware 2. Anaplan required skilled resources for customization and maintenance

Fluence handles well at sorting but hasn't yet mastered consolidation. I personally consider it a lack of reporting features. Sometimes I dive into the detail of line items for the sake of analysis and Fluence doesn't provide me with the liberty I need to find what I need. Transfer of data for further adjustment is another process which is not straightforward.

- Newer features are behind a paywall - Not great with sparse data sets when using the classic calculation engine - Some basic features are lacking (e.g. ability to use today's date, to impersonate another user for admins)