It is important to spend your money wisely. Determining the right planning software to use for your business may require some research, but the results are worth it.
You may have heard a bit about Anaplan vs Adaptive software, but are unsure what the differences are. On the surface it may appear that the two business planning software options are highly similar, but their unique strengths and weaknesses emerge when you take a closer look.
Anaplan vs Adaptive – each platform’s strengths
The former platform in the Anaplan vs Adaptive battle is focused on providing purpose-built, dynamic, collaborative planning that uses in-depth, smart data analysis for use in modelling and predictions. It can manage large quantities of complex data quickly and allows people to work together across various models.
Rather than requiring multiple independent platforms in order to run your business effectively, this software combines all the necessities within one program. This simplifies and streamlines the working experience. Additionally, its use of cloud storage minimizes the need for other forms of storage space.
With data that stays updated in real-time, you don’t have to worry about your employees being out of sync with each other. The platform constantly updates its spreadsheets and models to ensure you’re always up-to-date.
Link data from external systems
The software gives you the option to link up your data between external systems such as Excel or Salesforce. This ensures open integration between a range of platforms for extra convenience.
The platform’s use of predictive analytics for modelling is arguably one of its greatest strengths. Detailed, custom modelling of aspects such as budget expenses and predicted client growth are exceptionally useful tools for any business.
Computations within the software are fast, meaning you won’t have to waste time waiting for things to load or respond.
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The latter platform in the Anaplan vs Adaptive debate features high customisability of the dashboard and user interface, version control and the ability to construct scalable, complex models.
High customisation of dashboard and UI
This platform excels in its ability to allow users near complete control of their dashboard and user interface. This makes the software more user friendly, responsive and visually appealing.
The ability to create multiple versions of forecast and budget models is important when considering buying Anaplan vs Adaptive – it makes version control and analysis more insightful. Users can lock versions from changing and create a new version in order to assess the impact of a particular scenario on business’ profitability.
Good language compatibility
The application is available in a range of languages, including English, Japanese, French, and German. The platform is now completely internationalized, featuring local language data entry and interfaces as well as date formats. This means businesses that are operating in a language other than English or who are multicultural will be able to use the platform.
Flexible, detailed models
One of the platform’s strongest qualities is its ability to develop detailed, scalable budget models.
Anaplan vs Adaptive – each platform’s weaknesses
The former platform could be improved by upgrading the user interface and visualisations, having better formatting between internal and external systems and adding more customisation options.
Poor formatting of inputs and outputs to external systems
Unfortunately, when transferring data sheets, models and graphs to and from external software, formatting is tarnished. This can be a frustrating experience for users as it requires extra time reformatting the material to make it visually appealing.
Minimal customisation of dashboard and UI
When considering whether Anaplan vs Adaptive is better suited to your company’s needs, it’s worth looking at the customisation options each offers. The former platform suffers from a low ability to customise elements of the dashboard and user interface. This can make it difficult and slow to use at times.
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The latter platform could benefit from having multiple master charts of accounts, a more extensive help section and improved formatting of transferred data.
Only one master chart of accounts
The platform is limited to just one master chart of accounts, which can be off-putting for people with multiple businesses.
Limited help section
The help section of the platform is restricted in terms of explaining how to use each feature. This can be frustrating for users as it requires them to call customer service rather than simply finding the solution for themselves.
Low-quality formatting in transferred sheets and models
This software suffers from poor quality formatting when transferring data between external platforms such as Excel.
At the end of the day, getting in touch with each company to establish how they can best serve you, and to receive a quote, is essential. Contacting both companies will help you determine the winner of the Anaplan vs Adaptive battle.