Partner Article

Gartner Positions Anaplan as Corporate Performance Management ‘Visionary’

Anaplan has been recognized with a second Visionaries placement in the 2015 Gartner Magic Quadrant. Anaplan was named a Visionary in the April 2, 2015 Corporate Performance Management Suites category, adding to its January 6, 2015 placement in the Gartner Magic Quadrant for Sales Performance Management.

CEO Fred Laluyaux said: “Anaplan helps companies connect planning and execution across the enterprise, so they can be more effective, responsive and agile. We believe having Gartner recognize Anaplan as a Visionary in not just one, but two Magic Quadrants- with the same technology- validates our vision.”

Gartner undertook a rigorous assessment process that included surveys and interviews with Anaplan customers. Gartner survey participant, Auction.com, a leading online real estate marketplace, enhanced its key financial planning and analysis (FP&A) processes with the use of Anaplan.

“We needed a new planning solution, and I knew we wanted a cloud-based system,” said David Osborn, Auction.com’s senior vice president of Financial Planning & Analysis. “We quickly realized that Anaplan’s agile, in-memory platform would deliver the flexibility we required to build complex financial models for our business that link to our operational data.”

Auction.com, launched Anaplan to its Financial Planning & Analysis group in August last year and quickly rebuilt 100 percent of its income statement (P&L) forecast. A month later, Auction.com expanded the use of Anaplan to its managers and analysts across the company’s two main business lines, so they too could leverage the time-saving advantages and reduced complexity enabled by the platform.

Using the Anaplan platform, members of Auction.com’s finance department now have one-click access to data, enabling them to deliver accurate, real-time forecasts.

“The company’s finance team can now rapidly respond to changing market dynamics and deliver immediate business value through revenue modeling and expense forecasting. We have implemented Anaplan software across our business and can respond to market fluctuations with flexibility and ease,” Osborn said.

This was posted in Bdaily's Members' News section by Ian Stone .