IBM Planning Analytics

Planning, budgeting, forecasting, analysis & scorecarding

About 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.

Key benefits of IBM Planning Analytics

  • 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.
  • Devices

    Business size

    S M L

    Markets

    United States

    Supported Languages

    English

    Images

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

    Features

    Total features of IBM Planning Analytics: 36

    • "What If" Scenarios
    • Ad hoc Analysis
    • Ad hoc Reporting
    • Applications Management
    • Asset Management
    • Audit Trail
    • Budgeting/Forecasting
    • Cash Management
    • Competitive Analysis
    • Consolidation/Roll-Up
    • Correlation Analysis
    • Customizable Templates
    • Dashboard
    • Dynamic Modeling
    • Exception Reporting
    • Forecasting
    • General Ledger
    • Graphical Data Presentation
    • Income & Balance Sheet
    • Key Performance Indicators
    • Modeling & Simulation
    • Multi-Company
    • Multi-Department/Project
    • Performance Metrics
    • Predictive Analytics
    • Profit/Loss Statement
    • Qualitative Analysis
    • Quantitative Analysis
    • Reporting/Analytics
    • Scenario Planning
    • Scorecards
    • Self Service Portal
    • Statistical Analysis
    • Strategic Planning
    • Version Control
    • Visual Analytics

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    Reviews

    Overall rating

    4,3 /5
    (10)
    Value for Money
    4,3/5
    Features
    4,6/5
    Ease of Use
    4/5
    Customer Support
    3,7/5

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    Showing 5 reviews of 10
    Gerson M.
    Overall rating
    • Used Other for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 7.0 /10

    Trustworthy as TM1

    Reviewed on 2018/02/22

    Predictive insights uncovered automatically with just a few clicks

    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.

    Verified Reviewer
    Overall rating
    • Industry: Banking
    • Company size: 10 000+ Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    Great CPM enterprise software

    Reviewed on 2020/01/15

    We had great experience using IBM Planning analytics implementing the workforce planning, and...

    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.

    Michael B.
    Overall rating
    • Industry: Primary/Secondary Education
    • Review Source

    Overall rating

    • Ease of Use
    • Likelihood to recommend 8.0 /10

    IBM Cognos TM-1

    Reviewed on 2016/08/23

    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.

    Luigi S.
    Overall rating
    • Industry: Computer Software
    • Company size: Self Employed
    • Used Weekly for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    A predictive/analysis software at fist class

    Reviewed on 2019/02/02

    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

    Madhukeshwari S.
    Overall rating
    • Industry: Computer Software
    • Company size: 11-50 Employees
    • Used Weekly for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Awesome tool to manage budget and planning

    Reviewed on 2018/09/06

    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

    Showing 5 reviews of 10 Read all reviews

    IBM Planning Analytics FAQs

    Below are some frequently asked questions for IBM Planning Analytics.

    IBM Planning Analytics offers the following pricing plans:

    • Starting from:
    • 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.

    We do not have any information about IBM Planning Analytics features

    IBM Planning Analytics has the following typical customers:

    11-50, 51-200, 201-500, 501-1 000, 1 001+

    IBM Planning Analytics supports the following languages:

    English

    IBM Planning Analytics supports the following devices:

    Android (Mobile), iPhone (Mobile), iPad (Mobile)

    IBM Planning Analytics integrates with the following applications:

    Microsoft Excel

    IBM Planning Analytics offers the following support options:

    Email/Help Desk, Phone Support, 24/7 (Live rep)

    Related categories

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