Bitam vs. IBM Planning Analytics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Bitam
Score 0.0 out of 10
N/A
Bitam combines Business Intelligence (BI) with Corporate Performance Management (CPM).N/A
IBM Planning Analytics
Score 8.3 out of 10
N/A
IBM Planning Analytics, powered by IBM TM1®, is an integrated planning solution designed to promote collaboration across the organization and help keep pace with the speed of modern business. With its calculation engine, this enterprise performance management solution is designed to help users move beyond the limits of spreadsheets, automating the planning process to drive faster, more accurate results. Use it to unify data sources into one single repository, enabling users to build…
$825
per month 5 users
Pricing
BitamIBM Planning Analytics
Editions & Modules
No answers on this topic
Essentials
$825
per month 5 users
Standard
$1,650
per month 10 users
Offerings
Pricing Offerings
BitamIBM Planning Analytics
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
BitamIBM Planning Analytics
Features
BitamIBM Planning Analytics
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Bitam
-
Ratings
IBM Planning Analytics
7.5
108 Ratings
1% below category average
Pixel Perfect reports00 Ratings7.695 Ratings
Customizable dashboards00 Ratings7.6108 Ratings
Report Formatting Templates00 Ratings7.4102 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Bitam
-
Ratings
IBM Planning Analytics
8.1
114 Ratings
4% above category average
Drill-down analysis00 Ratings8.7111 Ratings
Formatting capabilities00 Ratings7.9112 Ratings
Integration with R or other statistical packages00 Ratings7.986 Ratings
Report sharing and collaboration00 Ratings7.8110 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Bitam
-
Ratings
IBM Planning Analytics
8.3
108 Ratings
4% above category average
Publish to Web00 Ratings7.9101 Ratings
Publish to PDF00 Ratings8.3101 Ratings
Report Versioning00 Ratings8.599 Ratings
Report Delivery Scheduling00 Ratings8.392 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Bitam
-
Ratings
IBM Planning Analytics
7.6
109 Ratings
2% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings8.2109 Ratings
Location Analytics / Geographic Visualization00 Ratings7.6102 Ratings
Predictive Analytics00 Ratings7.899 Ratings
Pattern Recognition and Data Mining00 Ratings6.832 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Bitam
-
Ratings
IBM Planning Analytics
8.0
114 Ratings
5% below category average
Multi-User Support (named login)00 Ratings8.2112 Ratings
Role-Based Security Model00 Ratings7.6113 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.0114 Ratings
Report-Level Access Control00 Ratings7.641 Ratings
Single Sign-On (SSO)00 Ratings8.6106 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Bitam
-
Ratings
IBM Planning Analytics
7.1
99 Ratings
5% below category average
Responsive Design for Web Access00 Ratings7.596 Ratings
Mobile Application00 Ratings6.661 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings5.971 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Bitam
-
Ratings
IBM Planning Analytics
8.5
123 Ratings
5% above category average
Long-term financial planning00 Ratings8.0119 Ratings
Financial budgeting00 Ratings8.5122 Ratings
Forecasting00 Ratings8.9122 Ratings
Scenario modeling00 Ratings8.7121 Ratings
Management reporting00 Ratings8.5122 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Bitam
-
Ratings
IBM Planning Analytics
8.5
114 Ratings
9% above category average
Financial data consolidation00 Ratings9.2110 Ratings
Journal entries and reports00 Ratings9.3101 Ratings
Multi-currency management00 Ratings8.4103 Ratings
Intercompany Eliminations00 Ratings8.5101 Ratings
Minority Ownership00 Ratings8.893 Ratings
Local and consolidated reporting00 Ratings7.7106 Ratings
Detailed Audit Trails00 Ratings7.8107 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Bitam
-
Ratings
IBM Planning Analytics
8.4
115 Ratings
6% above category average
Financial Statement Reporting00 Ratings8.0111 Ratings
Management Reporting00 Ratings8.7112 Ratings
Excel-based Reporting00 Ratings9.5114 Ratings
Automated board and financial reporting00 Ratings9.2103 Ratings
XBRL support for regulatory filing00 Ratings6.875 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Bitam
-
Ratings
IBM Planning Analytics
8.2
117 Ratings
2% above category average
Personalized dashboards00 Ratings8.6116 Ratings
Color-coded scorecards00 Ratings8.2111 Ratings
KPIs00 Ratings7.9114 Ratings
Cost and profitability analysis00 Ratings8.0112 Ratings
Key Performance Indicator setting00 Ratings8.3111 Ratings
Benchmarking with external data00 Ratings8.382 Ratings
Integration
Comparison of Integration features of Product A and Product B
Bitam
-
Ratings
IBM Planning Analytics
9.1
115 Ratings
12% above category average
Flat file integration00 Ratings8.9112 Ratings
Excel data integration00 Ratings9.4113 Ratings
Direct links to 3rd-party data sources00 Ratings8.8104 Ratings
Best Alternatives
BitamIBM Planning Analytics
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
Centage
Centage
Score 9.4 out of 10
Centage
Centage
Score 9.4 out of 10
Enterprises
OneStream
OneStream
Score 8.8 out of 10
OneStream
OneStream
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
BitamIBM Planning Analytics
Likelihood to Recommend
-
(0 ratings)
8.0
(123 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(5 ratings)
Usability
-
(0 ratings)
7.8
(69 ratings)
Support Rating
-
(0 ratings)
7.3
(93 ratings)
Product Scalability
-
(0 ratings)
9.1
(1 ratings)
User Testimonials
BitamIBM Planning Analytics
Likelihood to Recommend
Bitam
No answers on this topic
IBM
Ideal for large organization with complex multi-dimensional data, large budgets and dedicated administrator support. The performance of the TM1 data base is unmatched. The PAW and PAX options providing planners to work in both Excel and workspace environment. Higher Implementation efforts due to the greenfield implementations. Visualization features are not up to the mark.
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Pros
Bitam
No answers on this topic
IBM
  • Handle very large data volumes.
  • Scale to a large number of users.
  • Not having to compromise on business complexity.
  • It can be run by business users.
  • Availability of highly qualified consultants to support businesses.
  • REST API allows for an open eco system and a variety of solutions to extend the product.
  • Vast integration possibilities.
  • AI-infused engine with IBM Watson.
Read full review
Cons
Bitam
No answers on this topic
IBM
  • sometimes it is hard to produce pixel perfect reports from the Web UI. I know it is not made for this, but still, it'll be great
  • getting in e.g. an Excel file just by drag and drop, and the AI should "understand" what the data is all around
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Likelihood to Renew
Bitam
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.
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Usability
Bitam
No answers on this topic
IBM
IBM Planning Analytics is generally good in terms of functionalities. It can be used reduce time for budget planning, resource planning, demand forecasting, etc. The performance of IBM Planning Analytics is acceptable, but user interface can be improved. It would be good to see new features that allow users to customise the dashboard.
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Support Rating
Bitam
No answers on this topic
IBM
IBM support has been very quick to respond and handle the very few issues we've had. We've had a third-party who partners with IBM to be our consulting team which has helped greatly reduce the need for us to contact IBM directly. I highly recommend researching and selecting a well-respected partner to help with an implementation as well as ongoing support as needed.
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Alternatives Considered
Bitam
No answers on this topic
IBM
For strong technical teams and flexibility IBM Planning Analytics is the way to go. For quicker adoption and less technical teams Anaplan is the best option. If consolidation, financials, and moving from legacy tools are main focus than OneStream will be a really good choice. If deeply invested into SAP already than the SAP BPC will be the best fit to maintain the investment.
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Return on Investment
Bitam
No answers on this topic
IBM
  • Automate direct data connections to multiple data sources
  • One secured version of the the truth (for data and formulas)
  • Ability to scale to much more detailed planning with option to create predictive forecasts at detail
  • Business user friendly with powerful Excel integration
  • Very flexible and powerful modeling, can handle custom modeling needs at scale
  • Can make the same data available across finance and ops, but at the level of details and timeline that makes sense for them
Read full review
ScreenShots

IBM Planning Analytics Screenshots

Screenshot of Workflow managementScreenshot of Income statementScreenshot of Margin analysisScreenshot of Metrics managementScreenshot of Income statementScreenshot of Expense analysis