Anaplan vs Iconixx

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Our analysts compared Anaplan vs Iconixx based on data from our 400+ point analysis of Sales Commission Software, user reviews and our own crowdsourced data from our free software selection platform.

Iconixx Software Tool

Product Basics

Anaplan offers flexibility against all market circumstances with practical plans and budgets. It assesses real-time choices and trade-offs for thorough analyses. Leverage up-to-date internal and external information to better review production and predict numerous situations.

Its top modules include finance, marketing, supply chain and sales. Build, model and maximize compensation strategies to meet or exceed client desires. It also manages supply chain trends in one centralized hub.
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Iconixx helps boost sales productivity and optimize revenue through better commissions, analyses, incentive processes and automation. It helps businesses eliminate sales downtimes, manual-related errors and unnecessary administration work.

Its key inclusions are compensation planning, commission calculator and payments, analytics, modeling and forecasting, workflows, governance and reporting. It provides salary planning, objectives management and quota management capabilities for sales performance.
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$20,000 Annually
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Tailored to your specific needs
$8,500 Annually
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Tailored to your specific needs
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Product Assistance

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Product Insights

  • Gain Swift Market Change Responses: Connect headquarters with the market with automatic actions to better prepare for and adapt to ever-changing market shifts. 
  • Adhere to CIO Regulations: Maintain CIO standards for complete compliance throughout several commercial, bookkeeping and operational procedures to avoid fines or immediate shutdown. 
  • Maintain Centralization: Bridge organization-wide gaps to involve more leaders, plans and departments to keep everyone on the same page and avoid silos. 
  • Provide Inclusive Sales Planning: Craft and maximize regions, criteria and objectives to ensure all team members meet or exceed profitability expectations. 
  • Fine-Tune Recruitment Tactics: Update talent and recruiting tactics to reduce skill gaps and effectively fill resources where necessary with relevant employees. 
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  • Increased Accuracy: Automates complex commission calculations, reducing human error and ensuring precise payouts.
  • Time Savings: Streamlines the commission process, freeing up valuable time for sales managers to focus on strategic tasks.
  • Enhanced Transparency: Provides clear, detailed reports that allow sales teams to understand how their commissions are calculated.
  • Improved Compliance: Ensures adherence to regulatory requirements and company policies, minimizing the risk of non-compliance.
  • Scalability: Easily adapts to growing businesses, handling increased transaction volumes without compromising performance.
  • Motivated Sales Teams: Offers real-time visibility into earnings, motivating sales representatives to achieve their targets.
  • Customizable Plans: Supports a variety of commission structures, allowing businesses to tailor plans to their specific needs.
  • Data Integration: Seamlessly integrates with CRM and ERP systems, ensuring data consistency across platforms.
  • Cost Efficiency: Reduces administrative overhead by automating manual processes, leading to significant cost savings.
  • Enhanced Decision-Making: Provides actionable insights through analytics, helping managers make informed decisions.
  • Employee Satisfaction: Ensures timely and accurate commission payments, leading to higher employee satisfaction and retention.
  • Audit Trail: Maintains a comprehensive audit trail, facilitating easy tracking and verification of commission transactions.
  • Flexibility: Adapts to various industries and business models, offering a versatile solution for diverse needs.
  • Real-Time Updates: Reflects changes in sales data instantly, ensuring up-to-date commission calculations.
  • Reduced Disputes: Minimizes commission disputes by providing clear, transparent calculations and reports.
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  • Finance: Use current information to analyze production rates, craft accurate market predictions and make better business choices. Develop profitability and pricing models, automate cost management procedures and make infinite bookkeeping use cases. 
  • Sales: Fill up workflows with practical and achievable possibilities while boosting precise sales and revenue projections. 
  • Supply Chain: Aim for a real-time line of sight and guarantee improved supply estimates to align with demand expectations. Initiate thorough collaborative sales and operation planning practices for applicable KPIs and predictions. 
  • HR and Workforce: Detect recruitment gaps, test "what-if" plans, review financial impacts to streamline the workforce, supervise risks and push results. Draft payment plans and infrastructures to highlight talent purchases, retention, equity, diversity, inclusion, performance and outcomes. 
  • Marketing: Integrate sales numbers, marketing accomplishments and financial insights to construct reliable plans and forecast profitability effects. Transform reactive choices into proactive ones with real-time client information and buyer goals. 
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  • Compensation Planning: Create automated compensation plans to achieve strategic goals and drive better sales. Supports multiple combinations of rules and pay components. Define effective sales territories based on products, named accounts and geography. 
  • Commission and Payments: Initiate manual or automatically scheduled step-by-step calculation and credit accurate commission payments. Assigns credits via four mechanisms, including team, territory, and direct and indirect credits. 
  • Analytics: Offers customized, role-based dashboards to finance executives, sales compensation operations and administrators, sales representatives, executives and managers. Leverage comprehensive insights and data trends in the form of interactive visualizations. 
  • Modeling and Forecasting: Compare diverse plan components and structures to forecast efficient compensation costs. Create plans based on modeling environments and forecasted outcomes. 
  • Workflow: Manage company workflows for multiple stages, including assignments, reviews and manager approvals. Account for diverse workflow roles such as finalizer, approver, drafter or issuer. 
  • Governance and Reporting: Utilize standard templates or create custom ad hoc reports. Provides analytics widgets that share graphical formats for live data summaries. Highlights insights into team performance, historical tracking, personal and team attainment, and product and industry rankings. 
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Product Ranking

#40

among all
Sales Commission Software

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Analyst Rating Summary

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Dashboard and Reporting
Deal Management
Collaboration
Territory and Quota Management
Platform Capabilities
Dashboard and Reporting
Territory and Quota Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Anaplan
Iconixx
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Collaboration Dashboard And Reporting Deal Management Inquiry Or Case Management Platform Capabilities Territory And Quota Management 94 100 97 82 93 94 75 100 61 78 68 98 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

69%
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User Sentiment Summary

Excellent User Sentiment 20 reviews
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90%
of users recommend this product

Anaplan has a 'excellent' User Satisfaction Rating of 90% when considering 20 user reviews from 1 recognized software review sites.

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4.5 (20)
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Awards

SelectHub research analysts have evaluated Anaplan and concluded it earns best-in-class honors for Collaboration. Anaplan stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Collaboration Award

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Synopsis of User Ratings and Reviews

Connected Planning: Anaplan's platform allows users to connect operational plans across various departments, such as finance, sales, and supply chain. This interconnectedness enables a holistic view of the business, facilitating better decision-making and alignment.
Scenario Modeling: Users appreciate the ability to create and compare multiple what-if scenarios, enabling them to assess potential outcomes and make informed choices based on real-time data. This feature is particularly valuable for risk management and strategic planning.
Flexibility and Customization: Anaplan offers a high degree of flexibility, allowing users to tailor the platform to their specific needs and processes. This adaptability ensures that the system can evolve alongside the organization's changing requirements.
Cloud-Based: As a cloud-based solution, Anaplan eliminates the need for on-premises infrastructure and maintenance, reducing IT overhead and providing accessibility from anywhere with an internet connection.
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Flexible Calculation Engine: Users praise Iconixx for its ability to handle even the most complex commission structures, including tiered commissions, split commissions, and multi-level marketing calculations.
Automated Processes: Iconixx automates many tasks, such as data imports, calculation runs, and reporting, which saves time and reduces errors. This automation frees up sales teams to focus on selling.
Real-Time Visibility: Iconixx provides real-time dashboards and reports that give sales reps and managers up-to-the-minute insights into their performance and earnings. This transparency helps motivate sales teams and allows for quick adjustments to sales strategies.
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Steep Learning Curve: Anaplan's robust functionality comes at the cost of complexity, often requiring extensive training and practice to achieve proficiency. Users familiar with traditional spreadsheet software may find the transition challenging due to the platform's unique modeling language and interface.
Performance Issues: Large or complex models can suffer from slow loading times and sluggish responsiveness, hindering user productivity and causing frustration, especially when dealing with tight deadlines or real-time data analysis.
Limited Data Visualization: While Anaplan offers basic charting capabilities, users often find them insufficient for creating compelling visual representations of data. The platform's strength lies in its calculation engine, not its visualization tools, which can leave users wanting more when it comes to communicating insights effectively.
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Difficult to Use: Users have reported that the software can be difficult to use and navigate, especially for new users. This can lead to frustration and wasted time.
Limited Reporting Capabilities: Some users have expressed dissatisfaction with the reporting capabilities of Iconixx, finding them to be limited and inflexible. This can make it difficult to get a clear picture of sales performance and commission payouts.
Poor Customer Support: Several users have reported issues with Iconixx's customer support, citing slow response times and unhelpful support staff. This can be a major problem when users encounter technical difficulties or need assistance with the software.
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Anaplan has garnered a reputation for its robust modeling capabilities, allowing users to create intricate financial models with ease. Reviewers frequently praise its flexibility and ability to handle complex calculations, making it a powerful tool for forecasting, budgeting, and scenario planning. The platform's "Connected Planning" approach, which links various planning processes across an organization, is seen as a major advantage, enabling better collaboration and alignment between departments. However, some users find the interface to be less intuitive than other performance management systems, requiring a steeper learning curve. Additionally, the platform's extensive customization options, while powerful, can sometimes lead to complexity and require specialized knowledge to manage effectively. Compared to competitors like Oracle Hyperion and SAP BPC, Anaplan stands out for its cloud-based architecture and user-friendly interface. Reviewers often highlight its ease of use and accessibility from any device, making it a popular choice for organizations with distributed teams. While Anaplan may not have the same level of industry-specific functionality as some of its competitors, its flexibility and ability to integrate with other systems make it a versatile solution for a wide range of planning needs. The platform's scalability is also a significant advantage, allowing organizations to easily adjust their usage as their needs evolve. Anaplan is best suited for mid-sized to large organizations with complex planning requirements and a need for collaboration across departments. Its ability to handle large data sets and perform sophisticated calculations makes it ideal for financial planning, sales forecasting, and supply chain management. However, smaller organizations or those with simpler planning needs may find the platform's capabilities to be excessive and the learning curve to be a barrier to adoption.

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Is Iconixx truly iconic in the realm of sales performance management? User reviews from the past year suggest that while Iconixx offers a robust suite of features, it might not be the perfect fit for every business. Users praise Iconixx for its comprehensive approach to managing sales commissions, highlighting its ability to handle complex commission structures and automate calculations as a major strength. This is particularly valuable for businesses with intricate sales processes, as it eliminates the need for manual tracking and reduces the risk of errors. However, a recurring theme in user feedback is the system's complexity, with some finding it difficult to set up and navigate initially. While Iconixx shines in its ability to manage intricate commission plans, this strength also contributes to its primary weakness: ease of use. Some users have reported a steep learning curve, particularly for those unfamiliar with similar software. This complexity can lead to extended implementation times and require additional training for staff. Users also point to the cost as a potential drawback, noting that Iconixx may be more expensive than some competitors, making it less accessible for smaller businesses with limited budgets. Despite these challenges, Iconixx is lauded for its powerful reporting and analytics features, providing businesses with valuable insights into sales performance and commission trends. This granular level of data analysis enables businesses to identify top performers, optimize compensation plans, and make data-driven decisions to improve overall sales effectiveness. In conclusion, Iconixx is best suited for medium to large enterprises with complex sales commission structures and a dedicated budget for a sophisticated software solution. Its ability to automate intricate calculations, provide in-depth reporting, and offer granular control over sales performance management makes it a powerful tool for businesses that require a high level of control and visibility. However, smaller businesses or those with simpler commission structures might find Iconixx's complexity and cost prohibitive, potentially benefiting from a more streamlined and budget-friendly alternative.

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