Anaplan vs PeopleSoft comparison

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5,996 views|2,624 comparisons
95% willing to recommend
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2,910 views|2,499 comparisons
86% willing to recommend
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Executive Summary

We performed a comparison between Anaplan and PeopleSoft 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).
767,847 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
"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.""It's real-time connected planning, so the calculations are pretty much seamless as far as your model is connected.""You don't need to have a programming language to use Anaplan.""The most valuable feature of Anaplan is machine learning. The solution is constantly evolving from feedback. Additionally, there is a wide range of training material online.""The solution works very well for budgeting.""Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility.""It's simple to use with a lot of functions."

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"The recruiting is most valuable. It saves time in having easy and fast applicants tracking as well as candidates' contact plus pipeline management.""I would recommend the solution. It's very stable and scalable, which makes it a reliable solution.""PeopleSoft is scalable.""The most valuable feature of the solution is its stability.""It's very fully featured. It has more features and more configurability than SAP.""Flexibility in configuration.""The customizations allow us to come up with a lot of complex labor rules. In the Philippines, there's a lot of different kinds of rules you need to be in compliance with. The solution offers up a lot of flexibility and customization that is perfect for our region's requirements.""The time system is what we get the most benefit from."

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Cons
"Anaplan should come up with flexible options to connect to a data warehouse rather than an Anaplan hub.""The dashboard could be better. Because within a dashboard or report, you have to do a lot of scrolling. You need to scroll down because the table doesn't fit in a single view. That's why even the users aren't happy with that kind of user experience. They need to scroll to see all the data, and it could be better if it fits in just one page. That way, you can see everything. In the next release, I want automation that's connected to Anaplan. For example, to load master data from SAP to Anaplan. I don't know if this already exists, but a log where you can see the progress and see if there's an error will also help. It would be better to give you the error message, for example, if there is an error within the automated process importing to Anaplan.""There are workspace issues, like the limitation on model sizes.""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.""Anaplan's workflow component is probably the biggest area for improvement. I'd also like to see Anaplan add an ad hoc reporting tool that allows users to query things. It's going to factor into how you design your data set and your models, but I'd like the ability to create ad hoc queries against the data that's in there.""Space and integration are a problem.""The integration technique should be a little bit easier."

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"PeopleSoft lacks integration capabilities.""Having applications which provide more enhanced features and user-friendly elements.""There can occasionally be complexity in the initial setup.""Stability is an area where the solution lacks and needs to be improved.""Areas that need improvement are the add-ons to the fluid pages and additional features in SCM and finance, both functionally and technically.""The Work Center feature in PeopleSoft is a step in the right direction in consolidating someone's role-based interaction with the system. This enhanced functionality streamlines workflows and improves efficiency.""Tools and UI could be enhanced.""PeopleSoft could improve by being more user-friendly. It's somewhat awkward to navigate."

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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 →

  • "Check all options before a decision is made."
  • "It's approximately $3,000,000 to $4,000,000 USD per year."
  • "The licensing cost for PeopleSoft is 3,500 per course and the annual subscription fee is 6,500."
  • "I don't know if they are still providing licenses or if they have suspending licenses."
  • "There are no additional costs for licensing."
  • "We are a University and the cost and license are negotiated privately."
  • "The main issue we have with the solution is that it is very expensive."
  • "One of the cheapest solutions available and also one of the best."
  • More PeopleSoft 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:Although both are solutions to manage HR, their differences make each one suitable for different companies Oracle Cloud HCM is a platform for connecting all human resource processes in your… more »
    Top Answer:I use the reporting feature occasionally to check for potential improvements in timesheets. We have integrated it with Power BI.
    Ranking
    Views
    5,996
    Comparisons
    2,624
    Reviews
    6
    Average Words per Review
    357
    Rating
    7.8
    11th
    out of 68 in ERP
    Views
    2,910
    Comparisons
    2,499
    Reviews
    17
    Average Words per Review
    467
    Rating
    7.9
    Comparisons
    SAP ERP logo
    Compared 32% of the time.
    Oracle Hyperion logo
    Compared 8% of the time.
    SAP S/4HANA logo
    Compared 8% of the time.
    IBM Planning Analytics logo
    Compared 7% of the time.
    SAP Analytics Cloud logo
    Compared 6% of the time.
    Oracle HCM Cloud logo
    Compared 17% of the time.
    Workday logo
    Compared 13% of the time.
    SAP SuccessFactors logo
    Compared 10% of the time.
    SAP ERP logo
    Compared 8% of the time.
    Learn More
    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

    PeopleSoft is an ERP solution that provides businesses with tools for managing their entire workforce including human resources and financial operations, such as payroll, benefits, talent management, and supply chain management. Originally developed by PeopleSoft, Inc., and later acquired by Oracle Corporation, the software helps address talent management needs and maximize employee productivity and efficiency.

    PeopleSoft Features

    PeopleSoft has many valuable key features. Some of the most useful ones include:


    • Simple and intuitive: PeopleSoft HCM delivers a clean, consistent, and user-friendly design, resulting in greater user satisfaction that leads to higher adoption without the high cost of training employees.


    • Anywhere, anytime mobility: With mobile devices being such an integral part of today’s modern work life, PeopleSoft offers today’s mobile and wireless managers and employees an effective and secure method for accessing the information they need, with the ability to effectively execute HR transactions from anywhere, at any time.


    • Flexible and configurable: PeopleSoft enables you to leverage a single application optimized for all form factors that works on any mobile device – no need for separate applications for mobile and desktop.


    • Robust: Because the solution is robust, you can use it to increase retention and improve employee engagement.


    • Powerful and actionable, embedded analytics: PeopleSoft’s actionable, embedded analytics help you spend less time gathering data and more time analyzing and executing employee data.



    PeopleSoft Benefits

    There are many benefits to implementing PeopleSoft. Some of the biggest advantages the solution offers include:


    • Greater employee satisfaction: Users will find PeopleSoft’s software easy to use, leading to better productivity levels and also increased employee satisfaction.


    • Manage dynamic workforce: The solution provides secure access to employee information so users can manage essential HR functions effectively.


    • Increased administrator productivity: PeopleSoft empowers employees and managers by enabling them to execute common HR tasks so administrators can focus on other top priorities.


    • Quickly make informed decisions: By using PeopleSoft’s embedded, real-time, multidimensional analysis capabilities, users can make more informed business decisions.


    Reviews from Real Users

    PeopleSoft is a solution that stands out when compared to many of its competitors. Some of its major advantages are that it has a lot of functionality and is customizable.

    A Regional Director at a tech services company mentions, “The most valuable feature is that it's wide and broad and it does about everything anybody needs in a major organization from a back-office systems point of view.”

    "PeopleSoft is a good core system. It has a lot of functionality. "They frequently update the solution and recently they have added some good enhancement features for higher education. We just switched to the new fluid interface and that is working very well for us. It is very good," says another reviewer who is an HR/Pay Systems Administrator/Director at a university.


    A Senior Manager for DevOps Infrastructure at a financial services firm, explains why he finds the solution so beneficial: "It is a customizable product. We can customize it based on our needs, which is one of the features that I like about PeopleSoft. As far as financial accounting is concerned, the user interface is very good. You can also configure a Chart of Accounts for all performance insights."

    Sample Customers
    HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
    BMI Healthcare, Lone Star College System, Jefferson County Public Schools, Griffith University, Los Rios Community College District, Tervita Corporation, INFRA S.A. de C.V., ICF Habitat, Central Washington University, Tech Mahindra Limited, Cognizant Technology Solutions, Stanford Childrens Health
    Top Industries
    VISITORS READING REVIEWS
    Educational Organization25%
    Computer Software Company11%
    Financial Services Firm8%
    Manufacturing Company8%
    REVIEWERS
    University12%
    Computer Software Company10%
    Financial Services Firm10%
    Manufacturing Company10%
    VISITORS READING REVIEWS
    Computer Software Company11%
    Financial Services Firm10%
    Government9%
    University8%
    Company Size
    REVIEWERS
    Small Business43%
    Midsize Enterprise14%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise31%
    Large Enterprise52%
    REVIEWERS
    Small Business26%
    Midsize Enterprise18%
    Large Enterprise55%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise13%
    Large Enterprise71%
    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.
    767,847 professionals have used our research since 2012.

    Anaplan is ranked 1st in Business Performance Management with 24 reviews while PeopleSoft is ranked 11th in ERP with 80 reviews. Anaplan is rated 8.0, while PeopleSoft 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 PeopleSoft writes "Comprehensive solution for SCM but requires add-ons for fluid pages". Anaplan is most compared with SAP ERP, Oracle Hyperion, SAP S/4HANA, IBM Planning Analytics and SAP Analytics Cloud, whereas PeopleSoft is most compared with Oracle HCM Cloud, Workday, Oracle Fusion Cloud ERP, SAP SuccessFactors and SAP 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.