IBM Planning Analytics

Planning, budgeting, forecasting, analysis & scorecarding

4,3 /5 (10 reviews) Write a Review!

IBM Planning Analytics Overview

What is IBM Planning Analytics?

IBM Planning Analytics is an enterprise-level business intelligence solution offering cloud-based deployment for organizations of all sizes and across all sectors. Promising the powerful automation over the discovering of actionable insights, IBM Planning Analytics crucially supports planning, budgeting, forecasting and scorecarding processes. Built on IDM TM1’s renowned OLAP engine, the product also gives business users access to self-service analytics while multidimensional modelling adds flexibility for finance teams. Finance-owned planning tools again allow organizations to leverage predictive insights when steering business decisions.

In addition, users can look forward to achieve better results across planning, budgeting and forecasting with detailed “what-if” scenario testing. The solution also assists with rapid deployment and general usability by virtue of quick-start templates, customizable to meet specific business needs. Aside from IBM Planning Analytics’ own dashboard-based UI, the product also allows users to work within the familiar Microsoft Excel interface where beneficial to compliment existing workflows.

IBM Planning Analytics Overview

Pricing

Starting from
N/A

Pricing options

Free Trial
Subscription
Value for money

IBM Planning Analytics can be deployed either in the cloud or on-premises.

Contact vendor for a pricing quote based on specific requirements.


IBM Planning Analytics Features

Devices
Business size
S M L
Markets
United States
Supported Languages
English

Media

Promising a customizable planning hub, the intuitive tabbed UI is complimented by Microsoft Excel workspace integration
IBM Planning Analytics video IBM Planning Analytics screenshot: Promising a customizable planning hub, the intuitive tabbed UI is complimented by Microsoft Excel workspace integration

IBM Planning Analytics Reviews

IBM Planning Analytics Reviews

Overall rating
4,3
/
5
Excellent
6

Very good
2

Average
1

Poor
1

Terrible
0

Value for Money
4,3
Features
4,6
Ease of Use
4
Customer Support
3,7
80% recommended this app
Gerson M.

Trustworthy as TM1

Predictive insights uncovered automatically with just a few clicks


Verified Reviewer

Great CPM enterprise software

We had great experience using IBM Planning analytics implementing the workforce planning, and marketplace planning. It is stable and robust, supporting enterprise level planning and forecasting.
The integration with cognos analytics make the reporting side easier.


Michael B.

IBM Cognos TM-1


Luigi S.

A predictive/analysis software at fist class


Madhukeshwari S.

Awesome tool to manage budget and planning


Gerson M.

Trustworthy as TM1

Used Other for 1+ year
Reviewed on 2018/02/22
Review Source: Capterra

Predictive insights uncovered automatically with just a few clicks

Pros

It's powered by TM1 another great solution of IBM. Eliminate manual tasks derived from the constant and tedious use of spreadsheets. It provides dynamic planning and analytics workspace to model real-time scenarios. Once I export it to Excel as a formula driven file, all I have to do is edit the cell that it is pulling from and the result will vary depending of the desired result.

Cons

Must wait some time while files are processed. Also penalize heavily errors. But once is set the results are great.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 7.0/10

Verified Reviewer
Industry: Banking
Company size: 10 000+ Employees

Great CPM enterprise software

Used Daily for 2+ years
Reviewed on 2020/01/15
Review Source: Capterra

We had great experience using IBM Planning analytics implementing the workforce planning, and marketplace planning. It is stable and robust, supporting enterprise level planning and forecasting.
The integration with cognos analytics make the reporting side easier.

Pros

1. Good performance especially the enhanced processing engine in the recent versions;
2. Robust reporting capability and integration with other IBM software such as IBM Cognos Analytics and Microsoft office;
3. Capability of integration with Watson and SPSS.

Cons

1. Although feeds and rules are the cores of IBM Planning Analytics, it makes the developer really hard to design and troubleshooting, wondering if the complexity can be encapsulated with a more business driven approach;
2.Comparing to other software, IBM Planning Analytics lack of new features in the recent couple of years.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

Michael B.
Industry: Primary/Secondary Education

IBM Cognos TM-1

Reviewed on 2016/08/23
Review Source: SoftwareAdvice

Pros

This product allows our Finance team to forecast. Being able to tie the data to our data warehouse allows our users to slice and dice the data they way that they need.

Cons

This product is hard to maintain at times. Being a place that doesn't have trained individuals on how to use this, we have to turn to outside vendors to help us out quite a bit. Doesn't seem to intuitive and is hard to finds information on the internet.

Rating breakdown

Ease of Use

Likelihood to recommend: 8.0/10

Luigi S.
Industry: Computer Software
Company size: Self Employed

A predictive/analysis software at fist class

Used Weekly for 2+ years
Reviewed on 2019/02/02
Review Source: SoftwareAdvice

Pros

If you need to perform Budgetting activities having several cost centers and managers from which you need to collect budget data, this is the solution to your need.

Cons

The direct support supplied by IBM is more a commercial than technical support, by the way there is plenty of IBM partners supporting it

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

Madhukeshwari S.
Industry: Computer Software
Company size: 11-50 Employees

Awesome tool to manage budget and planning

Used Weekly for 2+ years
Reviewed on 2018/09/06
Review Source: SoftwareAdvice

Pros

Its multi task software, so no need to buy different software to manage your organisation planning, reports are exporting to excel so easily modify it as you wish

Cons

Bit difficult to setup, no more articles over the internet, you need to ask some techies for one time setup. Later anyone can handle it

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

User recommendation
8,2/10
Based on 10 user ratings
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IBM Planning Analytics Pricing

IBM Planning Analytics Pricing

Starting from
N/A
Free Trial
Subscription
Value for money

IBM Planning Analytics can be deployed either in the cloud or on-premises.

Contact vendor for a pricing quote based on specific requirements.

IBM Planning Analytics can be deployed either in the cloud or on-premises.

Contact vendor for a pricing quote based on specific requirements.

Value for Money
4,3/5
Based on 10 user ratings
Compare value for money rating with alternatives
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IBM Planning Analytics Features

IBM Planning Analytics Features

API
Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Automatic Notifications
Billing & Invoicing
Compliance Management
Customizable Reporting
Data Import/Export
Electronic Payments
Expense Tracking
Financial Analysis
Invoice Management
Invoice Processing
Multi-Currency
Real Time Data
Reporting & Statistics
Third Party Integration
Workflow Management
Features
4,6/5
Based on 10 user ratings
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Categories

Additional information for IBM Planning Analytics

Additional information for IBM Planning Analytics

Key features of IBM Planning Analytics

  • Budgeting & forecasting
  • Microsoft Excel integration
  • Multi-department / project
  • Predictive analytics
  • Predictive modeling
  • Quick-start templates
  • Run rate tracking
  • Scenario planning
  • Scorecarding
  • Self service analytics
  • Strategic planning
  • Visual analytics
  • What if scenarios

Benefits

  • IBM Planning Analytics harnesses business intelligence data to automate the generation of insights for planning, budgeting and forecasting.
  • Boasting a customizable planning workspace, the system provides access to quick-start templates adaptable to better reflect particular business requirements.
  • Derive predictive insights automatically from business data before leveraging “what-if” scenarios to analyze assumptions and forecast strategic results.
  • Alongside the software’s own intuitive tabbed-based interface, users can also switch seamlessly across to Microsoft Excel’s familiar workspace where desired.
  • Powered by the the Online Analytical Processing (OLAP) engine of IBM TM1, IBM Planning Analytics is an Enterprise-class solution suitable for organizations of any scale.
  • IBM Planning Analytics FAQs

    IBM Planning Analytics FAQs

    Below are some frequently asked questions for IBM Planning Analytics.

    Q. What type of pricing plans does IBM Planning Analytics offer?

    IBM Planning Analytics offers the following pricing plans:

    Pricing model: Subscription

    Free Trial: Available

    IBM Planning Analytics can be deployed either in the cloud or on-premises. Contact vendor for a pricing quote based on specific requirements.

    Q. What are the main features of IBM Planning Analytics?

    IBM Planning Analytics offers the following features:

    • Budgeting & forecasting
    • Microsoft Excel integration
    • Multi-department / project
    • Predictive analytics
    • Predictive modeling
    • Quick-start templates
    • Run rate tracking
    • Scenario planning
    • Scorecarding
    • Self service analytics
    • Strategic planning
    • Visual analytics
    • What if scenarios

    Q. Who are the typical users of IBM Planning Analytics?

    IBM Planning Analytics has the following typical customers:

    Large Enterprises, Mid Size Business

    Q. What languages does IBM Planning Analytics support?

    IBM Planning Analytics supports the following languages:

    English

    Q. What type of pricing plans does IBM Planning Analytics offer?

    IBM Planning Analytics has the following pricing plans:

    Subscription

    Q. Does IBM Planning Analytics support mobile devices?

    We do not have any information about what devices IBM Planning Analytics supports

    Q. What other apps does IBM Planning Analytics integrate with?

    IBM Planning Analytics integrates with the following applications:

    Microsoft Excel, Polonious, Powertech Event Manager, QuanticMind

    Q. What level of support does IBM Planning Analytics offer?

    IBM Planning Analytics offers the following support options:

    Online Support, Phone Support