Anaplan recognized as a Challenger in 2025 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions

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Empowering finance teams with agile, no-code solutions for a streamlined financial close and consolidation. 

We are thrilled to announce that Anaplan has been recognized as a Challenger in the Gartner® 2025 Financial Close and Consolidation Magic Quadrant™ report. This marks our second participation in this evaluation, and we believe it highlights our innovative approach to disrupting the traditional financial close and consolidation landscape.

Gartner Magic Quadrant for Financial Close and Consolidation Solutions 2025

Source: Gartner (March 2025)

 

Revolutionizing financial close and consolidation

For over a decade, the financial consolidation vendor space has seen minimal technological advancements. However, Anaplan is changing this narrative by offering a no-code, finance and accounting owned solution that empowers organizations to streamline their financial processes without relying on IT for maintenance. Our platform provides an out-of-the-box deployment that can be completed in just a few weeks, making it an attractive choice for companies seeking rapid transformation.

We believe our unique approach is resonating with customers who are looking to move away from clunky legacy platforms and adopt more agile and user-friendly solutions. Anaplan's interface offers an Excel-like experience, which leverages user familiarity to enhance productivity and optimize the close and consolidation process. This familiarity, combined with extended functionalities, allows finance teams to work more efficiently and effectively.

Key features and innovations

  • Periodicity parameter: Recently introduced, this feature allows our customers to define the time scale and structure of their models. This feature enables seamless copying of journal entries from previous periods, ensuring that organizations with varied business cycles can maintain alignment and optimize efficiency. 
  • Entity bursting: With our entity bursting feature, finance teams can create a unified workflow that seamlessly extends across multiple entities. This automation simplifies deployment, allowing administrators to implement changes centrally and instantly apply them across the organization, reducing complexity and improving scalability. 
  • Finance owned and maintained: Anaplan puts the power directly in the hands of finance and accounting teams. Our no-code approach, designed with an Excel-like interface, allows finance and accounting professionals to own and maintain the system without requiring extensive IT support. This empowers them to quickly adapt to changing business needs, streamline processes, and make data-driven decisions with greater agility and control over their financial close and consolidation process. 

Future developments

Looking ahead, Anaplan is dedicated to further enriching our product offering. In the coming year, we plan to integrate with a range of iXBRL and ESG solutions. This enhancement aims to streamline workflows and improve adaptability for customers, ensuring seamless connectivity with our broader application offering. 

We are also prioritizing AI-driven sensitivity analysis to help our customers assess the impact of various factors on financial metrics. This capability will enhance risk management by providing actionable insights, enabling you to optimize decision-making for your business. 

Modernize your finance function today

We feel that our recognition as a Challenger in the Gartner® 2025 Financial Close and Consolidation Magic Quadrant™ report reflects our commitment to innovation and customer satisfaction. As we continue to evolve and improve, we believe Anaplan is poised to make significant strides in the financial close and consolidation space. Our focus on providing agile, user-friendly solutions positions us well to meet the evolving needs of finance and accounting teams worldwide.



Gartner Disclaimer

Gartner, Inc. Magic Quadrant for Financial Close and Consolidation Solutions. Jeffrin Francis, Nisha Bhandare, Renata Viana, Permjeet Gale. 25 March 2025.

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