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Anaplan is a cloud-based planning software. Users can synchronize planning and performance in your organization. It offers predictive analytics to forecast the business based on the current performance. It has documented uses cases for sales, marketing, IT, finance, HR, etc. It aligns seamlessly with business and responds quickly to change.
There are not many resources available out there on Anaplan. With that in mind, our Anaplan experts have put together questions that will help in your interview. In this post, we will give answers to the top 13 Anaplan interview questions. Go through the below frequently asked Anaplan interview questions and answers and sharpen your skill.
Ans. Anaplan is a cloud-based financial planning and performance management platform that provides multi-facet business planning. It's a combination of ‘Analysis’ and ‘Planning’. Using Anaplan, many business entities can efficiently produce and use acceptable models and plan dynamically to make intelligent decisions.
Ans: Here are the key features of Anaplan
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Ans: There are several types of charts available in Anaplan.
Ans: Anaplan has a lot of functions and operators that we can use to define formulas. You can edit formulas in the formula editor. It will be visible when you work in a module. You can view the number of changes being made. You can easily jump in and out of the formula editor.
Ans: Below are the functions to which some common problems associated with them are,
QUARTERVALUE - Summary value is three times than expected.
TIMESUM - Aggregate TIMESUM formula is not working as expected.
MOVINGSUM - The formula is not working properly.
TIMESUM - To and From values are not working as expected.
WEEKVALUE - The week summary value that is returned is not correct.
Ans: Functions in Anaplan are used to define formulas. A function can take one or more values and operates on it. Below are the types of functions in Anaplan.
Ans: Synchronization is useful to maintain consistency in data values regardless of where they are. When you select a list item in a column or a grid, it updates the same in other pages and cards. When you enable synchronization, it will synchronize data as you navigate through a model. There are three types of synchronization,
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Ans: Anaplan stores all the data in a centralized data warehouse so that granularity is available for all users. It works as a single source of truth with all the transactional data from the source system. It ensures that the data is accurate and improves performance through faster data loads.
Ans: Anaplan is the only platform that lets users design applications with zero codings. It makes it easy to understand the business operations. An application is typically a model that automates a specific business process. Users can enforce applications with features like planning, forecasting, modeling, and performance management.
Ans: Anaplan provides a community called App Hub, where users can search, install, and share planning applications. It has 100s of Anaplan apps created by partners and community. It has apps related to finance, supply chain, marketing, workforce, IT, sales, etc. Users can search for apps in the App Hub. When the user finds an app that meets their needs, they can deploy it with just a few clicks, and no coding is required.
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Ans: Anaplan provides a mobile app for iOS and Android (phone and tablet). Users can just download this app and connect to their boards and worksheets. They can perform data analysis right from their smartphones.
Ans: Anaplan is a cloud-based platform, so users don't have to worry about hardware or software installations, upgrade hassles, and IT queues. It has a lot of data centers that are always available and can provide backup whenever required. It uses its own patented technology to collect and store data securely. Anaplan always ensures that users get the highest levels of availability, reliability, and security.
Ans: Anaplan supports four types of apps.
Ans: Anaplan has flexible role-based security levels for users so that they can have access to collaborate on models. The following are the roles available in Anaplan.
Ans. Anaplan User Access control allows a user to use it as a Tenant Admin. It helps to view the various Tasks, Resource Types, and Policies of the enterprise. Also, it helps to manage access for users who execute similar business functions. And shares common data access requirements.
Ans. Yes, it is possible to access Anaplan from any smartphone/mobile using the internet through a browser.
Ans.
Anaplan
Cognos TM1
Ans. The following are the various features of Anaplan-
Ans. Anaplan supports the below Modules-
Ans. The following types of Charts are used in Anaplan.
Ans. The following are the common formula errors-
Ans. The following companies are the major customers of the Anaplan platform:-
Ans. The following are the Formula Editing features:-
Ans. The following Access Control Roles are there
Ans. In Anaplan, Modules are the key elements that are powerful and flexible and provide the capability to solve many common but very complex business issues. The following are the three types of modules in Anaplan:
Ans. A model captures the history in Anaplan when certain changes occur such as user adds, edits, removes, or renames. The following are the different types of elements:
Ans. It has to be noted down that the Anaplan plan synchronizes data dynamically. It performs this action across many connected plans. Also, it automatically locates and collects the actual irregularities to reduce redundancy.
Ans. There is an exceptional aspect that Anaplan is different from other platforms. Thus, it contains the ability to store data in its own repository. So, it provides different data sources that are clear and present a reliable hierarchy. Moreover, using the Anaplan platform, the analysts can easily access master data of various products and other employees much faster.
Ans. Anaplan is a cloud-based business planning software using which the users can easily drag-drop many types of hierarchies. Moreover, by using Anaplan, you don’t need to depend on various IT business rules. In case, a business enterprise uses Anaplan software, there would be no barriers between the enterprise and its business insights. It also eases the broken cell orderings automatically.
Ans. Anaplan offers its users a highly secured data warehouse along with some additional security layers for an app. On a whole, this is quite an amazing fact that the user can get validated access to the app he will use. It also presents encrypted data that is generally helpful for many high-risk apps. Moreover, the platform uses the leading security firms’ services to carry out pen testing easily.
Ans. Anaplan presents a dedicated App hub out of many other platforms. This app hub helps developers to draft flexible apps based on the customer’s needs. These apps are rated & reviewed by the users in the development phase. They also provide an excellent opportunity for developers to design and develop various apps as per needs. Moreover, the Anaplan community actively brings many experts to one place belonging to various fields.
Ans. Using Anaplan software, anyone can scale business to new heights as it combines IT planning and execution of projects. Below are the most important IT features available in Anaplan.
Ans. There is an important note to keep that Anaplan software owns the right confirmation path. This path ensures that any changes made are easy to track. Moreover, using the revision control feature, users can easily observe all the activities related to changes. Also, it would help you to roll back to previous stages.
Ans. The following are the various features available in the sales modules that Anaplan supports. Such as:-
Conclusion
Anaplan can scale any business to new heights with its features and characteristics. Vodafone, Tableau, Intel, VMWare, United Continental Holdings, Inc., Berluti, Tata Steel, and Kimberly-Clark Corporation are some of the major customers of Anaplan. There are a lot of job opportunities for both freshers and experienced candidates in Anaplan. So make sure that you run the basic down while going for an interview.
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