Boomi vs. IBM Planning Analytics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Boomi
Score 7.9 out of 10
N/A
Boomi is a cloud-based, on-premise, or hybrid integration platform. It offers a low-code/no-code interface with the capacity for API and EDI connections for integrating with external organizations and systems, as well as compliance with data protection regulations.
$550
per month
IBM Planning Analytics
Score 8.4 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
BoomiIBM Planning Analytics
Editions & Modules
Boomi
$550
per month
Essentials
$825
per month 5 users
Standard
$1,650
per month 10 users
Offerings
Pricing Offerings
BoomiIBM 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
BoomiIBM Planning Analytics
Features
BoomiIBM Planning Analytics
Cloud Data Integration
Comparison of Cloud Data Integration features of Product A and Product B
Boomi
8.0
33 Ratings
0% below category average
IBM Planning Analytics
-
Ratings
Pre-built connectors10.032 Ratings00 Ratings
Connector modification5.029 Ratings00 Ratings
Support for real-time and batch integration10.031 Ratings00 Ratings
Data quality services10.029 Ratings00 Ratings
Data security features5.131 Ratings00 Ratings
Monitoring console8.033 Ratings00 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Boomi
-
Ratings
IBM Planning Analytics
7.5
109 Ratings
2% below category average
Pixel Perfect reports00 Ratings7.496 Ratings
Customizable dashboards00 Ratings7.4109 Ratings
Report Formatting Templates00 Ratings7.8103 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Boomi
-
Ratings
IBM Planning Analytics
7.7
115 Ratings
5% below category average
Drill-down analysis00 Ratings7.9111 Ratings
Formatting capabilities00 Ratings7.4113 Ratings
Integration with R or other statistical packages00 Ratings7.487 Ratings
Report sharing and collaboration00 Ratings7.9111 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Boomi
-
Ratings
IBM Planning Analytics
8.0
109 Ratings
3% below category average
Publish to Web00 Ratings7.9103 Ratings
Publish to PDF00 Ratings7.9102 Ratings
Report Versioning00 Ratings8.4100 Ratings
Report Delivery Scheduling00 Ratings7.993 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Boomi
-
Ratings
IBM Planning Analytics
7.4
110 Ratings
4% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.8110 Ratings
Location Analytics / Geographic Visualization00 Ratings6.9102 Ratings
Predictive Analytics00 Ratings7.9100 Ratings
Pattern Recognition and Data Mining00 Ratings6.932 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Boomi
-
Ratings
IBM Planning Analytics
7.9
115 Ratings
9% below category average
Multi-User Support (named login)00 Ratings7.9113 Ratings
Role-Based Security Model00 Ratings7.5114 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.0115 Ratings
Report-Level Access Control00 Ratings7.642 Ratings
Single Sign-On (SSO)00 Ratings8.4107 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Boomi
-
Ratings
IBM Planning Analytics
7.2
101 Ratings
6% below category average
Responsive Design for Web Access00 Ratings7.597 Ratings
Mobile Application00 Ratings6.962 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings6.173 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Boomi
-
Ratings
IBM Planning Analytics
8.7
124 Ratings
5% above category average
Long-term financial planning00 Ratings8.3120 Ratings
Financial budgeting00 Ratings8.6123 Ratings
Forecasting00 Ratings9.2123 Ratings
Scenario modeling00 Ratings8.9122 Ratings
Management reporting00 Ratings8.3123 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Boomi
-
Ratings
IBM Planning Analytics
8.4
115 Ratings
5% above category average
Financial data consolidation00 Ratings9.2111 Ratings
Journal entries and reports00 Ratings9.2103 Ratings
Multi-currency management00 Ratings8.2104 Ratings
Intercompany Eliminations00 Ratings8.2101 Ratings
Minority Ownership00 Ratings8.894 Ratings
Local and consolidated reporting00 Ratings7.3107 Ratings
Detailed Audit Trails00 Ratings7.9108 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Boomi
-
Ratings
IBM Planning Analytics
8.4
116 Ratings
4% above category average
Financial Statement Reporting00 Ratings8.0112 Ratings
Management Reporting00 Ratings8.6113 Ratings
Excel-based Reporting00 Ratings9.2115 Ratings
Automated board and financial reporting00 Ratings9.2105 Ratings
XBRL support for regulatory filing00 Ratings7.076 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Boomi
-
Ratings
IBM Planning Analytics
8.3
118 Ratings
2% above category average
Personalized dashboards00 Ratings8.9117 Ratings
Color-coded scorecards00 Ratings7.9112 Ratings
KPIs00 Ratings8.3115 Ratings
Cost and profitability analysis00 Ratings8.0113 Ratings
Key Performance Indicator setting00 Ratings8.3113 Ratings
Benchmarking with external data00 Ratings8.284 Ratings
Integration
Comparison of Integration features of Product A and Product B
Boomi
-
Ratings
IBM Planning Analytics
8.7
116 Ratings
4% above category average
Flat file integration00 Ratings8.4113 Ratings
Excel data integration00 Ratings8.9114 Ratings
Direct links to 3rd-party data sources00 Ratings8.7104 Ratings
Best Alternatives
BoomiIBM Planning Analytics
Small Businesses
Make
Make
Score 9.3 out of 10

No answers on this topic

Medium-sized Companies
IBM App Connect
IBM App Connect
Score 9.2 out of 10
Centage
Centage
Score 9.4 out of 10
Enterprises
IBM App Connect
IBM App Connect
Score 9.2 out of 10
OneStream
OneStream
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
BoomiIBM Planning Analytics
Likelihood to Recommend
9.0
(41 ratings)
8.0
(123 ratings)
Likelihood to Renew
10.0
(9 ratings)
9.1
(5 ratings)
Usability
8.0
(6 ratings)
7.8
(69 ratings)
Performance
7.9
(5 ratings)
-
(0 ratings)
Support Rating
6.0
(2 ratings)
7.4
(93 ratings)
Product Scalability
-
(0 ratings)
9.1
(1 ratings)
User Testimonials
BoomiIBM Planning Analytics
Likelihood to Recommend
Boomi
Legacy systems often need to be replaced or integrated with new applications in order to modernize businesses. A strong API strategy that avoids custom coding and third-party programs is essential to enable this integration. Boomi's new-age connectivity and integration solutions ensure safe, secure, and robust integration. In the age of information, businesses are under more pressure than ever to be able to collect and manage large amounts of data. This data comes in from a variety of sources, including personalized devices such as voice assistants and wearable tech. While this data can be immensely valuable to businesses, they often lack the infrastructure necessary to handle it effectively. This can lead to data build-up in databases or silos, and can eventually lead to problems with integration and security.
Read full review
IBM
Very powerful modeling capabilities. It has a really good OLAP engine memory. Strong scenario planning for what if analysis. Flexibility of integration with ERPs or WM systems for both cloud and on premises. Centralized planning and alignment of governance is also a plus. Having one single system for many different functions.
Read full review
Pros
Boomi
  • Pre-built connectors to almost anything which greatly reduce time to release of your integration needs.
  • Easy to use development platform with drag&drop features. Non-technical people could build simple integration processes in no time.
  • Great user community where you can get quick help if needed. Boomi people hang around there a lot.
Read full review
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
Boomi
  • More from a development perspective. It is always difficult to use the properties features. It takes a while to understand how the data/variables can be used across an integration.
  • Dell Boomi should also invest more on API Management and not just seen as a ETL,ESB tool.
  • Should roll out features more often based on users reviews.
Read full review
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
Read full review
Likelihood to Renew
Boomi
Dell Boomi has provided us with the ability to connect our campus together using our various existing platforms. There are many supported features and have yet to run into something that we cannot do. Its user interface is very intuitive which would allow users to begin developing fairly easily. There is a myriad of resources available
Read full review
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
Boomi
My IT and Finance teams have noted that setting up the tool is a breeze. Dell Boomi has never caused an issue during a system implementation that I am aware of. We are pleased with the tool and recommend others consider it.
Read full review
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.
Read full review
Performance
Boomi
The atom sphere takes a time to load, when I open a process or when I open a log. One more slow processing is when I import objects from NetSuite.
About the performance of processing, it looks like Boomi takes a time to initialize some things such as connectors before starting the process. This is also performance we have.
Read full review
IBM
No answers on this topic
Support Rating
Boomi
Boomi support was responsive and knowledgable, however being a closed cloud service, it doesn't have good community support. We found the learning curve to be steep and there aren't avenues like google, forums, or blogs that provide community driven insight into the product or how to go about designing solutions using the tool
Read full review
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.
Read full review
Alternatives Considered
Boomi
We decided to go with Dell Boomi because another department in our company was already using the software. We did not research competitor applications to use as our business solution. Dell Boomi was very easy and quick to set up, so once we decided to use Dell Boomi for systems integration, we had it set up and running within a few working days.
Read full review
IBM
As it is related to MS Excel, IBM Planning Analytics is a much more robust and complete solution for the CFO or COO in mind. Oracle Hyperion stacks up nicely against IBM Planning Analytics. However, IBM's investment in AI allows Planning Analytics users more options and speed.
Read full review
Return on Investment
Boomi
  • It has allowed us to scale significantly without having to add headcount, specifically those geared towards data entry. We went from a $10m ARR business to $200m ARR business with the same amount of Order Processors and 12x amount of transactions by leveraging Boomi to perform a lot of the work, and then having the Order Processing team to simply review that the transaction was processed successfully.
Read full review
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