Anaplan Interview Questions and Answers - Mildaintrainings

Anaplan Salary Trend
This chart provides
the 3-month moving
average for salaries
quoted in
permanent IT jobs
citing Anaplan.
There is a significant demand for skilled Anaplan professionals worldwide.
The average salary of an Anaplan professional is $126,680 /yr.

Anaplan Interview Question
If you are planning for Anaplan jobs then explore the Anaplan job
interview questions and answers page and complete your
preparation before attending any interview. Mildaintrainings
provides you with interview questions and answers presented in
an organized way at different difficulty levels making things easy
for you while handing over your dream job in a fast pace.

Question 1. What is Anaplan?
Answer : Anaplan is a cloud-based planning and performance
management platform with documented use cases in finance, sales,
supply chain, marketing, IT and HR.
It is that kind of a performance management platform which strives for
multi-dimensional planning. With the help of Anaplan, the business
owners can efficiently produce and use suitable models.

Question 2. What Are The Features Of Anaplan?
● CLOUD-BASED: Anaplan was built from day one as a cloud
platform—combining cutting-edge security, in-memory data
management, and massive scalability.
● REAL-TIME, SCALABLE MODELING AND CALCULATION
ENGINE: Real Time Modeling – By tracking dependencies at the
level of the line item, our Hyperblock™ technology enables
updates or changes to models of any size, from one to one trillion
cells, in real time.

● IN-MEMORY PROCESSING: Anaplan in-memory engine enables
detailed planning models that utilizes all your data down to the
transactional level (Product SKU, Stores, Employees, etc.) for
better business decisions.
● APP HUB: To get you started quickly, a growing collection of apps
for common use cases are available in the Anaplan App Hub. Use
them as is, modify them to suit your special needs, or start from
scratch and create your own.

● DATA INTEGRATION: Anaplan offers an API, import/export
capabilities, and pre-built connectors for common platforms like
Anaplan HyperConnect, Informatica, Dell Boomi, Mulesoft, and
SnapLogic.
● MULTI-DIMENSIONAL PLANNING: Build models to any level of
granularity with any number of dimensions—layer in time
(daily/weekly/monthly), hierarchies, relationships, and more.

● VERSATILITY: Versatility is the ability to model a vast array of
processes within your business. The 150+ apps in our App Hub
can be applied to vastly different sets of processes, including sales
performance optimization, financial budgeting and forecasting, and
call center operations. All created by users with clicks, not code.

Question 3. What Are The Modeling Features Of Anaplan?
● MASTER REPOSITORY OF BUSINESS RULES (LIVING
BLUEPRINT): Using our Living Blueprint technology, all your
complex business rules (in natural syntax) are stored and managed
in one easy-to-understand worksheet.
● MODEL VERSIONS: Anaplan enables users to create new model
versions on-the-fly. Quickly replicate models, load with data, and
easily track actuals in the same model as plans.

Question 3. What Are The Modeling Features Of Anaplan?
● BREAKBACK: With breakback, users can set a target for a
formula, and the variables that make up that formula are changed
according to the rules specified.
● DYNAMIC SCENARIO BUILDING: Anaplan delivers strategic
advantage with fast, easy creation of dynamic scenarios with time,
version, and list dimensions.

Question 4. How Anaplan Handles User Access Control?
Answer : Anaplan enables flexible role-based security levels for user
types. Audit trail, model restore, and selective user access make it
possible for analysts to safely and simultaneously collaborate on
common models.

Question 5. What Is Collaborative Workflow In Anaplan?
Answer : Monitor status and approvals with a collaborative workflow
that streamlines top-down target allocation and consolidation of roll-ups
from the field. A robust audit trail ensures that changes are easy to
track.

Question 6. Explain History And Revision Control In Anaplan?
Answer : Anaplan robust audit trail ensures that changes are easy to
track and revert. See a history of users and changes and roll back to
earlier versions.

Question 7. Explain Intuitive Modeling Interface In Anaplan?
Answer : Business users can use familiar business syntax, drag-and-
drop hierarchies, and built-in logic for time, versions, and scenarios.
With Anaplan, there are no technical barriers between you and
business insights. No reliance on IT for business rules adjustments,
model creation, or changes. No more scripting or broken cell
references.

Question 8. Can you use Anaplan from your Smartphone?
Answer : Yes, Anaplan is accessible from any mobile device via a
browser so you never have to be disconnected from your data.

Question 9. Name some of the modules that are supported by Anaplan
Answer : Anaplan supports following modules:
● Finance
● Sales
● Supply chain
● Workforce
● Marketing
● IT

Question 10. Explain Application Security In Anaplan?
Answer: In addition to secure data centers, Anaplan provides complete
application-layer security, including data encryption on-the-wire, secure
authentication protocols, and robust access control and authorization
for managing user rights. We also use leading security firms to conduct
regular penetration testing.

Question 11. What do you mean by Central Data warehouse in
Anaplan?
Answer: One of the phenomenal aspects that set Anaplan different
from others laid in the fact that it has the ability to store data in its own
repository. In this manner, it can facilitate various sources of data that
are clean and features reliable hierarchy. Moreover, with the help of
Anaplan, the analysts can easily access master data of products and
other employees in a quick fashion.

Question 12. What Are The Features Available In Finance Module In
Anaplan?
Answer: By connecting financial and operational planning, you can
drive valuable business performance more effectively. With Anaplan
cloud-based platform, corporate objectives align with operating plans
that can be adjusted in response to market events—empowering
finance to help the business make better decisions by anticipating the
future.

● Strategic Planning: Optimizing business models, product lines, and
operational capabilities with ease and confidence.
● Budgeting and forecasting: Increase speed and agility by automating the
manual process and adopting best practices.
● Operational planning: Take cross-functional decisions to unprecedented
levels of operational planning in one platform.
● Financial consolidation and corporate reporting: Experience a faster,
more efficient period-end close and report with confidence—without
compromising compliance.

Question 13. What Are The Features Available In Sales Module In
Anaplan?
Answer: With Anaplan Sales module, deliver on-time sales plans while
increasing compensation, quota, and forecast accuracy.
● Sales Capacity
● Account Segmentation and Scoring
● Territory Planning
● Quota Planning
● Deal Desk
● Sales Forecasting
● Incentive Compensation

Question 14. What Are The Features Available In Anaplan For Supply
Chain?
Answer: Anaplan enables users to connect global supply chain
network for maximum visibility, efficiency, and collaboration.
● Product portfolio management
● Demand planning
● Supply planning
● Sales and operations planning
● Strategic policy management

Question 15. What Are The Features Available In Anaplan For
Workforce?
Answer: Align people plans to operational goals to support business
results with the help of Anaplan for workforce.
● Workforce
● Headcount and Cost Planning
● Workforce Capacity Planning
● Succession Planning
● Compensation and Equity Planning
● Workforce Optimization, including Call Center
● Onboarding Planning

Question 16. What Are The Features Available In Anaplan For
Marketing?
Answer: ANAPLAN FOR Marketing helps in increase the efficiency
and effectiveness of your marketing plan, performance, and spend.
● Account Segmentation and Scoring
● Marketing Resource Management
● Marketing Performance Management
● Trade Promotion Planning
● Market Share and Growth Forecasting

Question 17. What Are The Features Available In Anaplan For It?
Answer: ANAPLAN FOR IT drive agile IT planning and project
execution across your business.
● Agile Implementation
● ABC Shared Services Allocations
● Agile Planning
● Project Plan Capacity Analysis
● Business Case Management
● Project Planning
● IT Financial Management and Cost Transparency
● Business Management Scorecard
● Facilities Management

Question 18. Name some specific changes that are recorded in history.
Answer: Model records the history when specific changes happens like
user adds, edits, deletes, or renames. Here are some elements:
● Actions
● Currency qualifiers
● Dashboards & Functional Areas
● Import Data Sources & source mappings
● Line item subsets
● Lists, List properties and List items

Question 18. Name some specific changes that are recorded in history.
● Modules & Processes
● Revision tags
● Roles & Saved views
● Subsets of lists
● Time settings
● Users added or deleted and
● Versions

Question 19. List the Anaplan Aggregation Functions
Answer:
● ANY
● ALL
● AVERAGE
● FIRSTNONBLANK
● LASTNONBLANK
● MIN
● MAX
● SUM
● TEXTLIST

Question 20. Explain the security of an application in Anaplan
environment
Answer: Apart from providing its users with a fully secured data
warehouse, it also facilitates additional security layers for an
application. This is quite phenomenal considering the fact that the user
can get authenticated access to the application. It also features data
encryption which usually is beneficial for high risk applications. Anaplan
also uses the services of leading security firms so that penetration
testing can be easily carried out.

I hope this set of Anaplan Interview Questions and Answers will help
you in preparing for your interviews. All the best!
If you want to get trained in Anaplan and
wish to develop interesting UI’s on your
own, then check out the Anaplan Training
by MildainTrainings, a trusted online
learning company with a network of more
than 50,000 satisfied learners spread
across the globe.

Anaplan Training by Mildaintrainings
Anaplan Training helps to learn about Anaplan Instructional Designer,
Building and maintaining an Anaplan model, Confirm Logistics, Running with
Anaplan, Overview of the Agile Methodology with Anaplan, Managing data
sparcity with Anaplan numbered lists.

Anaplan Interview Questions and Answers - Mildaintrainings

Anaplan Interview Questions and Answers - Mildaintrainings

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Anaplan Interview Questions and Answers - Mildaintrainings