Brixx Software supports business financial planning, empowering companies of all sizes to navigate the intricacies of financial management with foresight. With a suite of tools and features, Brixx Software offers a holistic approach to financial planning. Key Features Interface: Brixx's interface simplifies complex financial concepts, with the goal of making it accessible even for non-financial experts. Scenario Modeling:…
$42
per month (1 plan)
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…
Brixx works exceptionally well in young, growing businesses where detailed finance expertise might not be available at the Board. It's structure also works well in fast-paced environments where there is the need to quickly determine the financial viability of a business venture, new product/service or programme. I have no scenarios where it is less well suited. The only "push-back" Ive ever had has been from spreadsheet obsessed "old school" finance officers, but in most cases, once they are fully exposed to the Brixx platform, their level of scepticism decreases sharply - but there are always those out there wedded to MS Excel...
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.
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.
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.
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.
Brixx presents non-finance business leaders with its dashboards, which translate complex financial models into user-friendly, highly intuitive and impactful visual data. No other package I have used does so in such a powerful manner. At the same time, the back-end data capture and analytics is suitable for even the most stringent due diligence
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.