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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Centage

    Score9.4 out of 10
    N/ACentage delivers FP&A software that helps finance teams automate budgeting, forecasting, and reporting. Offered to teams that have outgrown Excel, Centage aims to replace fragile spreadsheets and version chaos with a faster, more reliable planning process. Centage’s built-in financial and business logic allows users to create and update their budgets and forecasts and never worry about formulas, functions, links, or any custom programming. It offers synchronized P&L, balance sheet,…

    $1,750

    per month

    IBM Planning Analytics

    Score8.5 out of 10
    N/AIBM 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
    CentageIBM Planning Analytics
    Editions & Modules
    Core
    1,750
    per month
    Performance
    2,500
    per month
    Strategic
    3,500
    per month
    Essentials
    $825
    per month 5 users
    Standard
    $1,650
    per month 10 users
    Offerings
    Pricing Offerings
    CentageIBM Planning Analytics
    Free Trial
    NoYes
    Free/Freemium Version
    NoYes
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeRequiredOptional
    Additional Details——
    More Pricing Information
    Community Pulse
    CentageIBM Planning Analytics
    Considered Both Products
    Centage
    No answer on this topic
    IBM
    No answer on this topic
    Key User Insights
    Would buy again
    100%
    Would buy again
    11 Answers
    99%
    Would buy again
    128 Answers
    Delivers good value for the price
    100%
    Delivers good value for the price
    11 Answers
    97%
    Delivers good value for the price
    114 Answers
    Happy with the feature set
    100%
    Happy with the feature set
    11 Answers
    97%
    Happy with the feature set
    125 Answers
    Lived up to sales and marketing promises
    100%
    Lived up to sales and marketing promises
    10 Answers
    97%
    Lived up to sales and marketing promises
    89 Answers
    Implementation went as expected
    91%
    Implementation went as expected
    10 Answers
    93%
    Implementation went as expected
    104 Answers
    Features
    CentageIBM Planning Analytics
    BI Standard Reporting
    Comparison of BI Standard Reporting features of Centage and IBM Planning Analytics
    Feature
    Centage
    4.4
    3 Ratings
    52% below category average
    IBM Planning Analytics
    7.6
    116 Ratings
    1% above category average
    Customizable dashboards4.43 Ratings7.7116 Ratings
    Pixel Perfect reports00 Ratings7.6102 Ratings
    Report Formatting Templates00 Ratings7.5109 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Centage and IBM Planning Analytics
    Feature
    Centage
    6.9
    9 Ratings
    12% below category average
    IBM Planning Analytics
    8.0
    122 Ratings
    3% above category average
    Drill-down analysis6.89 Ratings8.5119 Ratings
    Formatting capabilities6.67 Ratings7.9120 Ratings
    Report sharing and collaboration7.46 Ratings7.8118 Ratings
    Integration with R or other statistical packages00 Ratings7.992 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Centage and IBM Planning Analytics
    Feature
    Centage
    7.4
    5 Ratings
    7% below category average
    IBM Planning Analytics
    8.1
    116 Ratings
    2% above category average
    Publish to Web5.51 Ratings7.9109 Ratings
    Publish to PDF8.33 Ratings8.2109 Ratings
    Report Versioning8.55 Ratings8.3106 Ratings
    Report Delivery Scheduling7.31 Ratings8.298 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of Centage and IBM Planning Analytics
    Feature
    Centage
    8.3
    4 Ratings
    12% above category average
    IBM Planning Analytics
    7.5
    117 Ratings
    2% above category average
    Predictive Analytics8.34 Ratings7.8107 Ratings
    Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings8.1117 Ratings
    Location Analytics / Geographic Visualization00 Ratings7.7109 Ratings
    Pattern Recognition and Data Mining00 Ratings6.638 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of Centage and IBM Planning Analytics
    Feature
    Centage
    8.8
    10 Ratings
    5% above category average
    IBM Planning Analytics
    8.0
    122 Ratings
    5% below category average
    Multi-User Support (named login)8.810 Ratings8.1120 Ratings
    Role-Based Security Model9.010 Ratings7.7121 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)9.010 Ratings8.0122 Ratings
    Report-Level Access Control8.99 Ratings7.549 Ratings
    Single Sign-On (SSO)8.44 Ratings8.4114 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Centage and IBM Planning Analytics
    Feature
    Centage
    8.6
    11 Ratings
    6% above category average
    IBM Planning Analytics
    8.4
    131 Ratings
    4% above category average
    Long-term financial planning8.48 Ratings8.0127 Ratings
    Financial budgeting9.711 Ratings8.4130 Ratings
    Forecasting8.710 Ratings8.7130 Ratings
    Scenario modeling7.99 Ratings8.6129 Ratings
    Management reporting8.511 Ratings8.6129 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Centage and IBM Planning Analytics
    Feature
    Centage
    8.5
    7 Ratings
    9% above category average
    IBM Planning Analytics
    8.5
    122 Ratings
    9% above category average
    Financial data consolidation8.66 Ratings9.1118 Ratings
    Local and consolidated reporting8.37 Ratings7.8114 Ratings
    Journal entries and reports00 Ratings9.2108 Ratings
    Multi-currency management00 Ratings8.5110 Ratings
    Intercompany Eliminations00 Ratings8.4107 Ratings
    Minority Ownership00 Ratings8.6101 Ratings
    Detailed Audit Trails00 Ratings8.1115 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Centage and IBM Planning Analytics
    Feature
    Centage
    8.1
    11 Ratings
    0% below category average
    IBM Planning Analytics
    8.8
    123 Ratings
    8% above category average
    Financial Statement Reporting7.79 Ratings8.2119 Ratings
    Management Reporting8.210 Ratings8.7120 Ratings
    Excel-based Reporting8.810 Ratings9.4122 Ratings
    Automated board and financial reporting7.66 Ratings9.1111 Ratings
    XBRL support for regulatory filing00 Ratings8.680 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Centage and IBM Planning Analytics
    Feature
    Centage
    7.5
    4 Ratings
    1% below category average
    IBM Planning Analytics
    8.4
    125 Ratings
    11% above category average
    Personalized dashboards7.53 Ratings8.7124 Ratings
    Cost and profitability analysis7.64 Ratings8.2120 Ratings
    Key Performance Indicator setting7.53 Ratings8.5119 Ratings
    Color-coded scorecards00 Ratings8.4119 Ratings
    KPIs00 Ratings8.1122 Ratings
    Benchmarking with external data00 Ratings8.590 Ratings
    Integration
    Comparison of Integration features of Centage and IBM Planning Analytics
    Feature
    Centage
    7.7
    9 Ratings
    5% below category average
    IBM Planning Analytics
    8.7
    123 Ratings
    7% above category average
    Flat file integration7.56 Ratings8.7120 Ratings
    Excel data integration8.57 Ratings9.0120 Ratings
    Direct links to 3rd-party data sources7.15 Ratings8.6112 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Centage and IBM Planning Analytics
    Feature
    Centage
    -
    Ratings
    IBM Planning Analytics
    7.6
    105 Ratings
    3% above category average
    Responsive Design for Web Access00 Ratings7.7102 Ratings
    Mobile Application00 Ratings7.666 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile00 Ratings6.676 Ratings
    Best Alternatives
    CentageIBM Planning Analytics
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    IBM Planning Analytics
    Score8.5 out of 10
    Centage
    Score9.4 out of 10
    Enterprises
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    CentageIBM Planning Analytics
    Likelihood to Recommend
    9.4
    (12 ratings)
    8.0
    (132 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.1
    (5 ratings)
    Usability
    8.9
    (3 ratings)
    7.8
    (69 ratings)
    Support Rating
    9.4
    (3 ratings)
    7.3
    (93 ratings)
    Data Sharing and Collaboration
    -
    (0 ratings)
    9.0
    (3 ratings)
    Data Sources
    -
    (0 ratings)
    9.0
    (3 ratings)
    Product Scalability
    -
    (0 ratings)
    9.1
    (1 ratings)
    User Testimonials
    CentageIBM Planning Analytics
    Likelihood to Recommend
    Centage
    Centage is suited for all types of business. This is what makes this tool so great. It requires some expertise in setting it up and depending on how complex the business is, it may take longer than expected. It's a complex system and if you are not involved in the implementtion it might be hard to learn what is does.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Pros
    Centage
    • Planning personnel with all the related benefit expenses is very accurate and we are able to forecast increases as well.
    • Storing separate versions of the budget allows us to finalize for the year and have access to the data while we update the default plan with any changes.
    • I ilke the way you can add intelligence see the detail of calculations below th eline item.
    • I like writing Planning Maestro reports to see drill downs of any item and tie them to our ERP Budget
    Incentivized
    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.
    Incentivized
    Read full review
    Cons
    Centage
    • Head count is a bit strange as each period is considered one Headcount for a total of 12 per year, so we have to adjust when running reports
    • would love to be able to attach related expenses in payroll to a kind of employee instead of doing each individually. It's time consuming.
    • Have the help more available instead of having to log into separate place
    Incentivized
    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
    Incentivized
    Read full review
    Likelihood to Renew
    Centage
    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
    Centage
    I've lived through the changes over the years, and I have found that most financially-minded professionals should have no problems using this system.
    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.
    Incentivized
    Read full review
    Support Rating
    Centage
    The team makes sure that you get what you need out of the software. They will do whatever is in their power to make sure you're happy and are getting back your investment (time and money).
    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.
    Incentivized
    Read full review
    Alternatives Considered
    Centage
    I used to use an older consolidating product call FRX or something like that, very manual where accounts were adding line the reporting lines one by one.... Centage is far superior, the ability to create custom Dimension hierarchies as improved our reporting 100 fold
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Return on Investment
    Centage
    • We were a very small company growing by acquisition so it worked well during these phases of our company growth.
    • The return for our cost was tremendous especially in comparison to peers in the market.
    • Analytics Maestro allowed us to grow without adding headcount by building efficient reports that can easily be mass-produced for all branches within our organization.
    Incentivized
    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
    Incentivized
    Read full review
    ScreenShots

    Centage Screenshots

    Screenshot of Centage DashboardScreenshot of ReportingScreenshot of Operating expensesScreenshot of Revenue Planning

    IBM Planning Analytics Screenshots

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