We performed a comparison between Anaplan and NetSuite ERP based on real PeerSpot user reviews.
Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management."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."
"The features that I have found most valuable are that it is web-based and easy to use."
"Anaplan provides 130 GB of cloud storage for organizations to use as part of their license."
"Anaplan's most valuable features are that it's a no-coding platform, everything can be scaled to your other functions, and it's easy to learn and use (especially because Anaplan provides excellent interactive training)."
"I believe Anaplan is a new cloud tool, and from time to time, there's a lot of improvement that the Anaplan company deploys with the system. So, with that improvement, we need to really adapt and know the new system trends."
"It's simple to use with a lot of functions."
"The best thing is that it's very intuitive and user-friendly. You don't need coding skills to manipulate the platform."
"Anaplan's strongest feature is that its GUI is very modern and user-friendly."
"I have found there to be many features, such as manufacturing, accounting, financials, inventory, and purchasing."
"The most valuable aspect of NetSuite ERP is the multi-subsidiary portion, it is the strongest across all the other ERPs. If you want to do consolidations, it works a lot better than other tools."
"We leverage the core platform but are able to add additional functionality for ease of use, tailored processes, and industry related reporting."
"NetSuite ERP has dramatically improved our organization. We went from QuickBooks to NetSuite. You can compare this transition to changing from tennis shoes to a flying car."
"The inventory feature in NetSuite ERP is very valuable to me because it provides clear estimates about the depreciation of details and includes useful mobile modules."
"NetSuite is significantly more affordable than Oracle EBS and offers a wider range of features than other OEMs."
"Every year, they release a new version."
"We can install the bundles based on our needs."
"There are workspace issues, like the limitation on model sizes."
"The visualization tools in the product are limited in comparison to other reporting tools."
"The integration technique should be a little bit easier."
"One area of improvement is conditional formatting. It's not very practical, and you need to specify additional formatting."
"Space and integration are a problem."
"The cloud engine slows down when working with a large dataset. It still lacks a powerful engine."
"Anaplan should come up with flexible options to connect to a data warehouse rather than an Anaplan hub."
"The negative is that the higher the flexibility, the higher is the complexity. That can act against you as a negative because it does require a model builder or a coder/developer."
"Many features such as local taxation and fund management are not there yet."
"The areas that this product needs to improve on is the implementation and inventory processes."
"As with any system offering large volumes of data, there are limitations on processing large volumes of data in custom ways."
"The solution is not user-friendly and it is complex to use."
"The solution's initial setup process was complex."
"An area for improvement in NetSuite ERP is its accounting functionality because it has certain limitations. You can't maintain sub-ledgers or post accrued expenses in sub-ledger forms, so you'll need to post in journals. The pricing is another area that can be improved in NetSuite ERP because the pricing was lower when it wasn't part of Oracle, but after Oracle acquired Netsuite and NetSuite ERP was offered as a cloud service, the price went up."
"The solution could be more stable."
"The pricing is high."
Anaplan is ranked 1st in Business Performance Management with 24 reviews while NetSuite ERP is ranked 1st in Cloud ERP with 33 reviews. Anaplan is rated 8.0, while NetSuite ERP is rated 7.8. The top reviewer of Anaplan writes "Great for large-scale modelling, easy to learn, and very stable". On the other hand, the top reviewer of NetSuite ERP writes "Carries a broad range of applications, specifically in the field services area". Anaplan is most compared with SAP ERP, SAP S/4HANA, Oracle Hyperion, SAP Analytics Cloud and Alteryx, whereas NetSuite ERP is most compared with Oracle Fusion Cloud ERP, NetSuite OneWorld, SAP S/4HANA, Oracle E-Business Suite and SAP Business ByDesign.
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