Anaplan Consolidation vs Fluence

mbal
mbal
in Integrations and extensibility

Hello. I can't understand why Anaplan bought Fluence. Only due to those items? Is Anaplan selling and giving support for both consolidation tools (Anaplan and Fluence) or Fluence will remain and Anaplan Consolidation will be taken down? Thanks!

Answers

  • seb_mcmillan
    seb_mcmillan

    Hi

    I'm not sure what you mean by Anaplan consolidation. There are a number of Financial Consolidation customer models and an legacy partner built accelerator/app model that was created some time ago and is not maintained or developed by Anaplan directly.

    While relatively simple Financial Consolidation processes can be built in Anaplan it was never a great fit and we did not compete with dedicated FC tools at the more complex end.

    This meant that some customers had to use Anaplan for planning but other products for their FC increasing the complexity of the end to end solutions.

    Fluence has provided us with market leading Financial Consolidation, Disclosure Management and Close capabilities which are more complete, fully featured and easier to implement than solutions based on the core Anaplan engine.

    We are working on closely integrating Fluence in our wider ecosystem o including UX and ADO to provide a seamless experience for end users and solution builder.

    Seb McMillan

    Principle Platform Adoption Specialist

  • mbal
    mbal

    Hello Seb,

    Thank you very much for your answer. With " I'm not sure what you mean by Anaplan consolidation" I mean the solution that was offer by Anaplan before buying Fluence.

    Here a Linkeding post related

    https://www.linkedin.com/posts/paula-bowie_anaplan-vs-fluence-for-consolidation-activity-7239308419147444224-FSRL?utm_source=share&utm_medium=member_desktop

    Thank you very much,

    Regards.

  • seb_mcmillan
    seb_mcmillan

    Yes this is a model developed by a partner not by Anaplan, we have co-sold to customers but it was never an Anaplan product so never benefitting from support and development the Fluence now has within the Anaplan ecosystem.

    Seb McMillan

    Principle Platform Adoption Specialist

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