Anaplan's significant growth in its finance business continues with over 200 new global customers

 Anaplan's significant growth in its finance business continues with over 200
                             new global customers

  PR Newswire

  SAN FRANCISCO, Oct. 18, 2017

Company expands global customer base and apps offerings in its finance line of

SAN FRANCISCO, Oct. 18, 2017 /PRNewswire/ --  Anaplan , a leading platform
provider driving a new age of connected planning, today announced continued
growth in its Anaplan for Finance business within the last 12 months. The
Anaplan team is showcasing its finance solutions at Booth #227 at AFP 2017 in
the San Diego Convention Center. 

Anaplan's finance solutions enable companies to automate and transform
strategic corporate performance management processes by connecting data,
people, and plans across both finance and operations. Over the last 12 months,
Anaplan has been fulfilling a major need with high-value finance practices
such as profitability modeling, scenario planning, sensitivity analysis, and
zero-based budgeting at over 200 new global customers, including,
Lithium, Schneider Electric Software, Travelodge Hotels Ltd., and United

"Before Anaplan, we had a very disconnected planning process with over a dozen
independent applications," said Jeff Brobst, Vice President, Finance, Seagate
Technology. "We saw Anaplan's value to our finance business first and expanded
it to other divisions. Now, the corporate FP&A team is using Anaplan for
financial budgets, the revenue planning team is using it for revenue planning,
one of our units is using it for demand planning, and the customer service
organization is using it for returns modeling. In addition to reducing our
overall spend on planning software and support, our planning process has
become more agile and we're able to see impacts of changes more quickly."

Collaborating with partners such as Accenture, Deloitte, PwC, and Reportwise,
Anaplan added 35 new finance apps to its App Hub within the last 12 months.
The apps help companies address shifting customer expectations, regulatory
changes, and evolving business models. These include:

  * IFRS 16 . This Reportwise app helps organizations meet new lease
    accounting regulations.
  * IFRS 9 Impairment .   This Accenture app helps organizations model
    Expected Credit Loss for all debt instruments in compliance with IFRS 9.
  * ORSA Forecasting . This Deloitte app helps insurance firms build Own Risk
    and Solvency Assessment (ORSA) practices into their forecasting processes.
  * Transfer Pricing for Financial Services . This PwC app helps financial
    services firms adopt best practices in cost allocation and transfer

"We are seeing more and more leading finance organizations turn to Anaplan's
solutions to create more dynamic, reliable, and connected planning and
performance management systems," said Tony Levy, Global Head of Finance
Solutions, Anaplan. "The caliber of our customers demonstrates our commitment
to help organizations steer business performance more effectively through
improved planning, analysis, and reporting."

"Across all industries, the office of finance is moving toward connected
planning for better and faster decision-making," said R "Ray" Wang, Principal
Analyst and Founder, Constellation Research. "A company's value and future
success are increasingly based on how efficiently employees can connect with
each other to share and add to their knowledge."

Anaplan was recognized as a Leader in the June 2017 Gartner Magic Quadrant for
Cloud Strategic Corporate Performance Management Solutions based on its
completeness of vision and ability to execute. Download the report .

Gartner Disclaimer Gartner does not endorse any vendor, product or service
depicted in its research publications, and does not advise technology users to
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disclaims all warranties, expressed or implied, with respect to this research,
including any warranties of merchantability or fitness for a particular

About Anaplan Anaplan is driving a new age of connected planning. Large and
fast-growing organizations use Anaplan's cloud platform in every business
function to make better-informed decisions and drive faster, more effective
planning processes. Anaplan also provides support, training, and planning
transformation advisory services. Anaplan is a privately held company based in
San Francisco, with 16 offices and over 150 expert partners worldwide. To
learn more, visit .

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