Financial planning tool selection - Adaptive planning vs Anaplan
Looking for advice as to how to make an informed decision on choosing adaptive looker vs anaplan for financial planning. Data sets are not too huge and cost and simplicity of the tools are important factors in the selection process.
Great question. From my perspective I don't see that these two solutions are mutually exclusive. Anaplan is a SaaS platform for multi-dimensional planning first and visualization second. Looker is the reverse, more of a visualization tool. So it depends on your use case I suppose. If you're looking for an Alteryx or Knime type of solution then Looker would probably be better. If your looking for a Hyperion or Cognos solution, then Anaplan. But the good news is that Anaplan has a rich RESTul API set that you can integrate to Looker, so you can actually use both. Plan in Anaplan. Visualize and do the hard data crunching in Looker.