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Top Rated
189 Ratings
11 Ratings
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Score 7.4 out of 100

IBM Planning Analytics with Watson

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Top Rated
189 Ratings
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Score 8.9 out of 100

Feature Set Ratings

  • IBM Planning Analytics with Watson ranks higher in 5 feature sets: Budgeting, Planning, and Forecasting, Consolidation and Close, Financial Reporting and Compliance, Analytics and Reporting, Integration

Budgeting, Planning, and Forecasting

6.7

Axiom Software by Syntellis Performance Solutions

67%
9.3

IBM Planning Analytics with Watson

93%
IBM Planning Analytics with Watson ranks higher in 5/5 features

Long-term financial planning

6.6
66%
4 Ratings
9.2
92%
68 Ratings

Financial budgeting

8.6
86%
6 Ratings
9.3
93%
69 Ratings

Forecasting

6.0
60%
5 Ratings
9.5
95%
69 Ratings

Scenario modeling

4.7
47%
5 Ratings
9.5
95%
68 Ratings

Management reporting

7.7
77%
5 Ratings
9.2
92%
68 Ratings

Consolidation and Close

5.8

Axiom Software by Syntellis Performance Solutions

58%
9.2

IBM Planning Analytics with Watson

92%
IBM Planning Analytics with Watson ranks higher in 7/7 features

Financial data consolidation

4.4
44%
3 Ratings
8.8
88%
64 Ratings

Local and consolidated reporting

6.7
67%
5 Ratings
9.7
97%
63 Ratings

Detailed Audit Trails

6.2
62%
5 Ratings
9.7
97%
65 Ratings

Journal entries and reports

N/A
0 Ratings
8.9
89%
60 Ratings

Multi-currency management

N/A
0 Ratings
9.3
93%
60 Ratings

Intercompany Eliminations

N/A
0 Ratings
9.2
92%
60 Ratings

Minority Ownership

N/A
0 Ratings
8.9
89%
55 Ratings

Financial Reporting and Compliance

6.5

Axiom Software by Syntellis Performance Solutions

65%
9.3

IBM Planning Analytics with Watson

93%
IBM Planning Analytics with Watson ranks higher in 5/5 features

Financial Statement Reporting

8.2
82%
5 Ratings
9.8
98%
64 Ratings

Management Reporting

6.9
69%
5 Ratings
9.5
95%
63 Ratings

Excel-based Reporting

6.0
60%
5 Ratings
9.5
95%
65 Ratings

Automated board and financial reporting

5.3
53%
4 Ratings
9.5
95%
58 Ratings

XBRL support for regulatory filing

5.9
59%
2 Ratings
8.2
82%
44 Ratings

Analytics and Reporting

4.6

Axiom Software by Syntellis Performance Solutions

46%
9.3

IBM Planning Analytics with Watson

93%
IBM Planning Analytics with Watson ranks higher in 6/6 features

Personalized dashboards

4.7
47%
5 Ratings
9.6
96%
65 Ratings

Color-coded scorecards

6.2
62%
4 Ratings
9.6
96%
63 Ratings

KPIs

6.2
62%
4 Ratings
9.4
94%
65 Ratings

Cost and profitability analysis

1.0
10%
3 Ratings
9.8
98%
64 Ratings

Key Performance Indicator setting

5.3
53%
3 Ratings
9.5
95%
63 Ratings

Benchmarking with external data

4.0
40%
3 Ratings
8.2
82%
51 Ratings

Integration

7.1

Axiom Software by Syntellis Performance Solutions

71%
9.2

IBM Planning Analytics with Watson

92%
IBM Planning Analytics with Watson ranks higher in 3/3 features

Flat file integration

6.4
64%
5 Ratings
9.2
92%
65 Ratings

Excel data integration

8.7
87%
4 Ratings
9.5
95%
64 Ratings

Direct links to 3rd-party data sources

6.3
63%
4 Ratings
9.0
90%
57 Ratings

BI Standard Reporting

Axiom Software by Syntellis Performance Solutions

Feature Set Not Supported
N/A
8.6

IBM Planning Analytics with Watson

86%
IBM Planning Analytics with Watson ranks higher in 3/3 features

Pixel Perfect reports

N/A
0 Ratings
7.9
79%
55 Ratings

Customizable dashboards

N/A
0 Ratings
9.5
95%
60 Ratings

Report Formatting Templates

N/A
0 Ratings
8.3
83%
56 Ratings

Ad-hoc Reporting

Axiom Software by Syntellis Performance Solutions

Feature Set Not Supported
N/A
8.9

IBM Planning Analytics with Watson

89%
IBM Planning Analytics with Watson ranks higher in 4/4 features

Drill-down analysis

N/A
0 Ratings
9.1
91%
63 Ratings

Formatting capabilities

N/A
0 Ratings
9.6
96%
64 Ratings

Integration with R or other statistical packages

N/A
0 Ratings
8.0
80%
50 Ratings

Report sharing and collaboration

N/A
0 Ratings
8.8
88%
61 Ratings

Report Output and Scheduling

Axiom Software by Syntellis Performance Solutions

Feature Set Not Supported
N/A
8.7

IBM Planning Analytics with Watson

87%
IBM Planning Analytics with Watson ranks higher in 4/4 features

Publish to Web

N/A
0 Ratings
9.1
91%
59 Ratings

Publish to PDF

N/A
0 Ratings
9.8
98%
59 Ratings

Report Versioning

N/A
0 Ratings
7.6
76%
58 Ratings

Report Delivery Scheduling

N/A
0 Ratings
8.3
83%
52 Ratings

Data Discovery and Visualization

Axiom Software by Syntellis Performance Solutions

Feature Set Not Supported
N/A
8.6

IBM Planning Analytics with Watson

86%
IBM Planning Analytics with Watson ranks higher in 3/3 features

Pre-built visualization formats (heatmaps, scatter plots etc.)

N/A
0 Ratings
9.2
92%
64 Ratings

Location Analytics / Geographic Visualization

N/A
0 Ratings
8.0
80%
60 Ratings

Predictive Analytics

N/A
0 Ratings
8.4
84%
55 Ratings

Access Control and Security

Axiom Software by Syntellis Performance Solutions

Feature Set Not Supported
N/A
9.3

IBM Planning Analytics with Watson

93%
IBM Planning Analytics with Watson ranks higher in 4/4 features

Multi-User Support (named login)

N/A
0 Ratings
9.2
92%
65 Ratings

Role-Based Security Model

N/A
0 Ratings
9.2
92%
65 Ratings

Multiple Access Permission Levels (Create, Read, Delete)

N/A
0 Ratings
9.1
91%
66 Ratings

Single Sign-On (SSO)

N/A
0 Ratings
9.8
98%
61 Ratings

Mobile Capabilities

Axiom Software by Syntellis Performance Solutions

Feature Set Not Supported
N/A
8.5

IBM Planning Analytics with Watson

85%
IBM Planning Analytics with Watson ranks higher in 3/3 features

Responsive Design for Web Access

N/A
0 Ratings
9.6
96%
58 Ratings

Mobile Application

N/A
0 Ratings
8.2
82%
70 Ratings

Dashboard / Report / Visualization Interactivity on Mobile

N/A
0 Ratings
8.2
82%
42 Ratings

Attribute Ratings

  • IBM Planning Analytics with Watson is rated higher in 2 areas: Likelihood to Recommend, Support Rating

Likelihood to Recommend

6.9

Axiom Software by Syntellis Performance Solutions

69%
6 Ratings
9.5

IBM Planning Analytics with Watson

95%
75 Ratings

Likelihood to Renew

Axiom Software by Syntellis Performance Solutions

N/A
0 Ratings
8.3

IBM Planning Analytics with Watson

83%
4 Ratings

Usability

Axiom Software by Syntellis Performance Solutions

N/A
0 Ratings
9.5

IBM Planning Analytics with Watson

95%
40 Ratings

Support Rating

7.0

Axiom Software by Syntellis Performance Solutions

70%
2 Ratings
9.1

IBM Planning Analytics with Watson

91%
83 Ratings

Product Scalability

Axiom Software by Syntellis Performance Solutions

N/A
0 Ratings
9.1

IBM Planning Analytics with Watson

91%
1 Rating

Likelihood to Recommend

Syntellis Performance Solutions (formerly Kaufman Hall Software)

Axiom is extremely well suited to optimize the Budget process. Using Axiom, we have cut our overall budget cycle time in half and have a much higher level of accuracy in all facets of the Budget including Fee Income, Expense, and Margin. Axiom is also well suited for advanced data users as you have the ability to create your own custom database tables which allows you to join to the existing Axiom tables and has allowed us to create custom reporting that we could not even think about on our previous system. The other big benefit of Axiom is that it sits on top of Microsoft Excel and inherits all of its functionality, which most people have experience with.
Read full review

IBM

It is a robust tool with a scalable capacity to meet high levels of data volume according to the requirement of business, its application in management sectors is very valuable due to the ability to analyze and produce accurate, centralized, organized reports with high-quality graphics components. I believe that the tool more efficiently meets the chains of command to produce guidance to operational teams in the application of planning, metrics of indicators, and definition of goals.
Read full review

Pros

Syntellis Performance Solutions (formerly Kaufman Hall Software)

  • Compared to a previous EPM we used, Axiom's template load and saving performance has been much better even for large plan files.
  • Axiom consultants can create completely customized reports for any of the collected data. Super users within your organization can then fairly easily modify their work to create additional reports without Axiom's help (and invoices)
  • Setting up user security is a fairly easy one-time task and very easy to maintain when people change departments, leave the organization, etc. I would recommend you use role-based security settings.
  • Compared to our previous EPM, Axiom allows more customization and possibilities for templates. There's very few "the product can't do that" statements.
Read full review

IBM

  • [I appreciate the] ability to work with the same Excel functionality we’re familiar with while having the power of an enterprise planning solution.
  • We can change the number of users of the system or increase data volumes and planning models anytime without reducing the overall performance of the system.
  • We can test our assumptions and see the impact of our decisions by creating personal sandboxes before releasing them to the system.
Read full review

Cons

Syntellis Performance Solutions (formerly Kaufman Hall Software)

  • Implementation is quite Complex and requires both IT and Financial buy-in
  • Reporting solution has some learning curve for end users
  • Calculation methods within reporting can be opaque and hard to trace
Read full review

IBM

  • The interface of IBM Planning Analytics should be more updated, to suit the modern designs.
  • The support agents are quite slow, more so in some states and they delay the operations of the software.
  • [In my experience] Some IBM Planning Analytics versions fail to easily integrate with some programs like excel.
Read full review

Pricing Details

Axiom Software by Syntellis Performance Solutions

Starting Price

Editions & Modules

Axiom Software by Syntellis Performance Solutions editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    IBM Planning Analytics with Watson

    Starting Price

    Editions & Modules

    IBM Planning Analytics with Watson editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Pricing Info

      Likelihood to Renew

      Syntellis Performance Solutions (formerly Kaufman Hall Software)

      No answers on this topic

      IBM

      Since IBM Cognos Express is suitable only for medium data warehouse environment, we are not sure if this tool solves the long term need as the business keeps growing rapidly. So its a 50/50 ratio to renew Express license. But having said that, the components of IBM Cognos Express are also available in other Cognos BI suites like Cognos 10.x version. So we will probably upgrade our environment to IBM Cognos 10.x which comes with more new features.
      Read full review

      Usability

      Syntellis Performance Solutions (formerly Kaufman Hall Software)

      No answers on this topic

      IBM

      Again, some room for improvement here. Some competitors are really improving on this front and IBM must not lag behind. This will make a real difference. Overall the tool is quite intuitive and with a bit of practice works well for the mind. A more modern look would not harm.
      Read full review

      Support Rating

      Syntellis Performance Solutions (formerly Kaufman Hall Software)

      For the scale of our implementation, Axiom only assigned two consultants who were both completely new to the company. It felt like we were all learning about the product together, when you would expect them to already be experts at their own product. The team also made a good bit of mistakes throughout production and go-live, which then caused more work internally for us. The team lead for our project also just left the company, so we'll see how next year's planning goes
      Read full review

      IBM

      The overall support of IBM has been very effective throughout the deployment journey. They have always been available 24/7 giving our implementation team the best support they require. They give video links that have the best lessons on effective requirements and full implementation processes. I can say that this is the best customer support team I have come across since we deployed this platform.
      Read full review

      Alternatives Considered

      Syntellis Performance Solutions (formerly Kaufman Hall Software)

      Axiom was selected based on the impression of ease of use and integration. It is capable of holding all of our entities data while giving us an easier more accessible way to deliver monthly Financials and reports to managers. Then in costing we signed up because the impression of budgeting.
      Read full review

      IBM

      During our process of buying a planning and forecasting tool, we found IBM planning analytics was offering an affordable price compared to others software in the market offering the same services. also, there were many positive reviews on the internet that convinced us that we need this tool for Ur business.
      Read full review

      Return on Investment

      Syntellis Performance Solutions (formerly Kaufman Hall Software)

      • Forecasting has improved
      • Complexity of analysis has improved as well
      • Our main data has been confused as we started using Axiom
      Read full review

      IBM

      • With predictive insights on IBM Planning Analytics with Watson, it [rapidly makes] future decisions.
      • Evaluating [the] performance of our products in the market, client experiences, and marketing channels with this CPM tool [helps] us gain more profit.
      • IBM Planning Analytics with Watson has reduced [our] workload and time by streamlining and optimizing FP&A processes.
      Read full review

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