Anaplan vs IQMS Enterprise IQ comparison

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Anaplan Logo
5,996 views|2,624 comparisons
95% willing to recommend
IQMS Logo
705 views|364 comparisons
100% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Anaplan and IQMS Enterprise IQ based on real PeerSpot user reviews.

Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management.
To learn more, read our detailed Business Performance Management Report (Updated: March 2024).
767,319 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"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).""Technical support has been good.""The features that I have found most valuable are that it is web-based and easy to use.""This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable.""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.""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.""Anaplan integrates well into my clients' core systems. The ability to aggregate the forms within the dashboarding is also useful. Only one of my clients has implemented workflow. Their usage has been very light. Dashboarding capability is probably the biggest one. My clients like having the ability to aggregate, slice and dice, and dynamically adjust things in the dashboards.""Anaplan provides 130 GB of cloud storage for organizations to use as part of their license."

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"This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our expertise."

More IQMS Enterprise IQ Pros →

Cons
"The visualization tools in the product are limited in comparison to other reporting tools.""There are workspace issues, like the limitation on model sizes.""Anaplan is a relatively expensive piece of software.""Anaplan should come up with flexible options to connect to a data warehouse rather than an Anaplan hub.""Automation needs to be built into this solution.""There are so many business rules to set up in the system that as a business user it's hard to gauge what they're doing and it's possible to get lost.""It would be nice if the solution offered better extensions.""One area of improvement is conditional formatting. It's not very practical, and you need to specify additional formatting."

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"Setup is very complex."

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Pricing and Cost Advice
  • "We are currently using a free workspace license for 90 days. We are satisfied with the price of the solution. There are additional costs if you want more storage, the default limit is 250 GB."
  • "The entry-level is anywhere from about $30,000 to $50,000 a year, however, it does go up significantly after that depending on the complexity and how much space you're using."
  • "This is a yearly subscription. So a customer initially buys a workspace and specifies how much GB they want. The minimum starts at around 30 GB. You can buy multiple workspaces."
  • "The license is a yearly subscription. There are three licensing tiers: the model builder, planner, and the reporting."
  • "This is an expensive product and if the price were reduced then it would attract more customers."
  • "The cost of Anaplan is a challenge for clients, especially if they don't have an ongoing long-term use case for it. It's a $50,000 licensing fee just to get started. Clients need a strong business case to switch from Excel to Anaplan. But if clients have used something similar in the past, such as Hyperion or other solutions, that's not a factor because they know what to expect."
  • "Anaplan is a bit pricier compared to its competitors - the license costs about $4,000 per user annually."
  • "A value-for-money product and a very reasonable price compared to competitors like SAP or IBM."
  • More Anaplan Pricing and Cost Advice →

  • "We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months."
  • More IQMS Enterprise IQ Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Anaplan is an industry-leading cloud-based corporate performance management (CPM) platform that combines business planning and analytics in a single solution. It is designed to assist organizations of… more »
    Top Answer:We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and… more »
    Top Answer:There are different aspects of both Anaplan and SAP ERP that I like and dislike. Anaplan improves forecast accuracy and drives up the quality of analytics. Rather than spending all of their time… more »
    Top Answer:This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our… more »
    Top Answer:We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months.
    Top Answer:This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our… more »
    Ranking
    Views
    5,996
    Comparisons
    2,624
    Reviews
    6
    Average Words per Review
    357
    Rating
    7.8
    22nd
    out of 68 in ERP
    Views
    705
    Comparisons
    364
    Reviews
    1
    Average Words per Review
    472
    Rating
    8.0
    Comparisons
    Also Known As
    Enterprise IQ
    Learn More
    IQMS
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    Overview

    Anaplan is a cloud-based planning and performance management platform with documented use cases in finance, sales, supply chain, marketing, IT and HR. At the core of Anaplan's technology is a single hub where business users can build, deploy, maintain, and share models without coding or reliance on IT personnel.

    With Anaplan You Can:

    • Accelerate revenue growth
    • Convert data into market opportunity
    • Drive higher sales performance
    • Gain market share
    • Improve customer satisfaction
    • See edge-to-edge across your company
    • Achieve business and technology goals
    • Become agile and resilient with continuous models and forecasts

    The Anaplan Platform Is:

    • Flexible
    • Scalable
    • Collaborative
    • Secure
    • Multi-dimensional
    • Built to help businesses think ahead and rapidly adapt to change

    Anaplan Benefits:

    • Illuminate blind spots and hidden opportunities.
    • Easily create a shareable, living representation of how your business actually works.
    • Dynamic planning allows you to continuously adapt to market changes and other changing circumstances effectively.
    • Information is always readily available and can be easily shared with all teams across your enterprise.
    • Anaplan provides intelligent decision-making. The platform gives you all the information you need to make business decisions and also gives you the ability to run several “what if” scenarios to determine which decision is best based on a large range of variables - at record speed, instead of it taking days or weeks to complete.
    • By using Anaplan, you can adapt to changes very quickly. You can consider all of the possible options before responding in real time.
    • Anaplan can be used remotely from wherever you are.
    • Anaplan will help your organization stay focused and on target. You can stay in control with the ability to run scenario calculations quickly and use the information to make adjustments as needed.
    • Anaplan provides accurate, real-time data so you don’t have to worry about the risk of bad data. In turn, this boosts shareholder confidence because Anaplan’s platform mitigates the risks associated with incorrect data.
    • Anaplan’s Connected Planning helps you meet regulatory requirements. All the relevant business data is held in one place, therefore making adjustments easier to implement quickly. With Connected Planning, results also have a full audit trail.

    Anaplan Features:

    • Hyperscale computing: Anaplan eliminates the “messy middle” caused by out-of-date, siloed signals.
    • Integrated and dynamic signal set: This feature incorporates internal and external factors, relationships, and market context across functions which can all be seamlessly integrated.
    • Responsive unified system: Anaplan’s high-fidelity, responsive, and unified system for execution and accountability is reliable, accurate, and traceable.
    • Real-time insights: Detect signals hidden in your systems and gain insight into every asset, resource, risk, and change to help provide decision clarity.
    • Unlimited multi-dimensional scenarios: Anaplan helps your organization run unlimited multi-dimensional scenarios to identify ideal plans of action.
    • Synchronization: Using Anaplan, you can synchronize execution and readiness. Anaplan enables autonomous and coordinated in-market action by connecting headquarters to your most remote outposts.

    Reviews from Real Users:

    "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.” - Sandeep A., Lead Analyst at a retailer

    "This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable.” - Raghavendra K., Lead Consultant at a tech services company

    "Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility.” - Anaplan model builder at a tech services company

    IQMS provides manufacturers with a reliable, real-time Enterprise Resource Planning (ERP) software developed especially for manufacturing processes. Whether you are a small, single plant manufacturer or a large multi-plant, global manufacturer, IQMS has a manufacturing-specific ERP solution to fit your needs. Due to the comprehensive nature of the system, the EnterpriseIQ ERP Software solution becomes the backbone for manufacturers to monitor, track, trace and communicate business and manufacturing activities and data throughout the supply chain faster than any other software on the market today. The scalable, modular architecture of EnterpriseIQ provides manufacturers the flexibility to take advantage of more advanced ERP software and manufacturing software features and functionality when needed.
    Sample Customers
    HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
    Poly-Cast, Custom Profile, Nicolet Plastics, Double H Plastics Inc., Network Plymers, Load Trail, Mar-Bal Inc., Donnelly, Steinwall Scientific, Nissen Chemitec America, Miniature Precision Components
    Top Industries
    VISITORS READING REVIEWS
    Educational Organization25%
    Computer Software Company11%
    Financial Services Firm8%
    Manufacturing Company8%
    VISITORS READING REVIEWS
    Healthcare Company14%
    Manufacturing Company13%
    Computer Software Company11%
    Construction Company8%
    Company Size
    REVIEWERS
    Small Business43%
    Midsize Enterprise14%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise31%
    Large Enterprise52%
    VISITORS READING REVIEWS
    Small Business34%
    Midsize Enterprise18%
    Large Enterprise48%
    Buyer's Guide
    Business Performance Management
    March 2024
    Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management. Updated: March 2024.
    767,319 professionals have used our research since 2012.

    Anaplan is ranked 1st in Business Performance Management with 24 reviews while IQMS Enterprise IQ is ranked 22nd in ERP with 1 review. Anaplan is rated 8.0, while IQMS Enterprise IQ is rated 8.0. 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 IQMS Enterprise IQ writes "Allows customization for production and has good sales, distribution, and quality management features". Anaplan is most compared with SAP ERP, Oracle Hyperion, SAP S/4HANA, IBM Planning Analytics and SAP Analytics Cloud, whereas IQMS Enterprise IQ is most compared with SAP ERP, Oracle E-Business Suite, Microsoft Dynamics 365 Business Central, JD Edwards EnterpriseOne and Epicor ERP.

    We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.