TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    CloudBudget

    N/AN/AN/A

    $60

    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
    CloudBudgetIBM Planning Analytics
    Editions & Modules
    Basic
    $60
    per month
    Essentials
    $825
    per month 5 users
    Standard
    $1,650
    per month 10 users
    Offerings
    Pricing Offerings
    CloudBudgetIBM Planning Analytics
    Free Trial
    YesYes
    Free/Freemium Version
    NoYes
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeOptional
    Additional Details——
    More Pricing Information
    Community Pulse
    CloudBudgetIBM Planning Analytics
    Considered Both Products
    CloudBudget
    No answer on this topic
    IBM
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    99%
    Would buy again
    140 Answers
    Delivers good value for the price
    No answers on this topic
    98%
    Delivers good value for the price
    125 Answers
    Happy with the feature set
    No answers on this topic
    96%
    Happy with the feature set
    137 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    95%
    Lived up to sales and marketing promises
    97 Answers
    Implementation went as expected
    No answers on this topic
    93%
    Implementation went as expected
    116 Answers
    Features
    CloudBudgetIBM Planning Analytics
    BI Standard Reporting
    Comparison of BI Standard Reporting features of CloudBudget and IBM Planning Analytics
    Feature
    CloudBudget
    -
    Ratings
    IBM Planning Analytics
    6.8
    126 Ratings
    10% below category average
    Pixel Perfect reports00 Ratings6.8110 Ratings
    Customizable dashboards00 Ratings6.9126 Ratings
    Report Formatting Templates00 Ratings6.7119 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of CloudBudget and IBM Planning Analytics
    Feature
    CloudBudget
    -
    Ratings
    IBM Planning Analytics
    7.7
    133 Ratings
    0% below category average
    Drill-down analysis00 Ratings8.2130 Ratings
    Formatting capabilities00 Ratings7.3131 Ratings
    Integration with R or other statistical packages00 Ratings7.9101 Ratings
    Report sharing and collaboration00 Ratings7.4128 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of CloudBudget and IBM Planning Analytics
    Feature
    CloudBudget
    -
    Ratings
    IBM Planning Analytics
    8.0
    125 Ratings
    1% above category average
    Publish to Web00 Ratings7.4117 Ratings
    Publish to PDF00 Ratings8.6118 Ratings
    Report Versioning00 Ratings7.8114 Ratings
    Report Delivery Scheduling00 Ratings8.1104 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of CloudBudget and IBM Planning Analytics
    Feature
    CloudBudget
    -
    Ratings
    IBM Planning Analytics
    7.6
    128 Ratings
    4% above category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings8.0127 Ratings
    Location Analytics / Geographic Visualization00 Ratings7.7117 Ratings
    Predictive Analytics00 Ratings7.8115 Ratings
    Pattern Recognition and Data Mining00 Ratings6.947 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of CloudBudget and IBM Planning Analytics
    Feature
    CloudBudget
    -
    Ratings
    IBM Planning Analytics
    8.5
    133 Ratings
    1% above category average
    Multi-User Support (named login)00 Ratings8.5131 Ratings
    Role-Based Security Model00 Ratings8.2131 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.4132 Ratings
    Report-Level Access Control00 Ratings8.759 Ratings
    Single Sign-On (SSO)00 Ratings8.7124 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of CloudBudget and IBM Planning Analytics
    Feature
    CloudBudget
    -
    Ratings
    IBM Planning Analytics
    7.5
    112 Ratings
    2% above category average
    Responsive Design for Web Access00 Ratings7.5109 Ratings
    Mobile Application00 Ratings7.670 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile00 Ratings6.782 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of CloudBudget and IBM Planning Analytics
    Feature
    CloudBudget
    -
    Ratings
    IBM Planning Analytics
    8.3
    145 Ratings
    3% above category average
    Long-term financial planning00 Ratings8.0141 Ratings
    Financial budgeting00 Ratings8.3143 Ratings
    Forecasting00 Ratings8.7141 Ratings
    Scenario modeling00 Ratings8.6140 Ratings
    Management reporting00 Ratings7.9140 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of CloudBudget and IBM Planning Analytics
    Feature
    CloudBudget
    -
    Ratings
    IBM Planning Analytics
    8.3
    134 Ratings
    7% above category average
    Financial data consolidation00 Ratings9.0128 Ratings
    Journal entries and reports00 Ratings9.1117 Ratings
    Multi-currency management00 Ratings8.4121 Ratings
    Intercompany Eliminations00 Ratings8.5116 Ratings
    Minority Ownership00 Ratings7.5109 Ratings
    Local and consolidated reporting00 Ratings7.4125 Ratings
    Detailed Audit Trails00 Ratings8.0127 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of CloudBudget and IBM Planning Analytics
    Feature
    CloudBudget
    -
    Ratings
    IBM Planning Analytics
    8.2
    135 Ratings
    1% above category average
    Financial Statement Reporting00 Ratings7.6130 Ratings
    Management Reporting00 Ratings8.0131 Ratings
    Excel-based Reporting00 Ratings8.6134 Ratings
    Automated board and financial reporting00 Ratings8.2122 Ratings
    XBRL support for regulatory filing00 Ratings8.588 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of CloudBudget and IBM Planning Analytics
    Feature
    CloudBudget
    -
    Ratings
    IBM Planning Analytics
    8.1
    137 Ratings
    7% above category average
    Personalized dashboards00 Ratings8.2135 Ratings
    Color-coded scorecards00 Ratings7.9130 Ratings
    KPIs00 Ratings7.7133 Ratings
    Cost and profitability analysis00 Ratings8.2131 Ratings
    Key Performance Indicator setting00 Ratings8.4130 Ratings
    Benchmarking with external data00 Ratings8.3101 Ratings
    Integration
    Comparison of Integration features of CloudBudget and IBM Planning Analytics
    Feature
    CloudBudget
    -
    Ratings
    IBM Planning Analytics
    9.0
    135 Ratings
    11% above category average
    Flat file integration00 Ratings8.9132 Ratings
    Excel data integration00 Ratings9.2132 Ratings
    Direct links to 3rd-party data sources00 Ratings8.8124 Ratings
    Best Alternatives
    CloudBudgetIBM Planning Analytics
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    Oracle Hyperion (legacy)
    Score7.4 out of 10
    Centage
    Score9.4 out of 10
    Enterprises
    Oracle Hyperion (legacy)
    Score7.4 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score7 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    CloudBudgetIBM Planning Analytics
    Likelihood to Recommend
    -
    (0 ratings)
    8.0
    (146 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.1
    (5 ratings)
    Usability
    -
    (0 ratings)
    8.0
    (70 ratings)
    Support Rating
    -
    (0 ratings)
    7.3
    (93 ratings)
    Data Sharing and Collaboration
    -
    (0 ratings)
    9.0
    (3 ratings)
    Data Sources
    -
    (0 ratings)
    9.0
    (3 ratings)
    Ease of integration
    -
    (0 ratings)
    7.3
    (1 ratings)
    Product Scalability
    -
    (0 ratings)
    6.4
    (2 ratings)
    User Testimonials
    CloudBudgetIBM Planning Analytics
    Likelihood to Recommend
    CloudBudget
    No answers on this topic
    IBM
    Overall, I rate IBM Planning Analytics 8/10 because it provides substantial value for complex, repeatable enterprise Finance planning and analysis. I would rate it even higher with a simpler business-user experience, easier model maintenance and troubleshooting, stronger data integration, and more AI-driven capabilities to automatically identify and explain financial variances.
    Incentivized
    Read full review
    Pros
    CloudBudget
    No answers on this topic
    IBM
    • Certain accounts (Sales (incl. Sales Reductions), SG&A) are loaded centrally based on ERP data, reducing manual input and potential errors
    • While some accounts (mainly resources, PCOS, variances and OOIE) will continue to be filled manually into IBM Planning Analytics. This shift will allow for a more integrated approach to data management
    • The central sales tool for all scenarios (ACT, CF, CFM, and BP), offering both a consolidated overview as well as detailed data for non‑consolidated entities or total entity sales (including internal sales). The system provides all key sales KPIs, including growth rates
    • Web-based workflow to support controllers with the MBR (Monthly Business Report) creation and submission
    Incentivized
    Read full review
    Cons
    CloudBudget
    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
    Incentivized
    Read full review
    Likelihood to Renew
    CloudBudget
    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
    CloudBudget
    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.
    Incentivized
    Read full review
    Support Rating
    CloudBudget
    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.
    Incentivized
    Read full review
    Alternatives Considered
    CloudBudget
    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.
    Incentivized
    Read full review
    Scalability
    CloudBudget
    No answers on this topic
    IBM
    it's built for large enterprise rollouts to many users, with on-premises, cloud and hybrid options. The query service is mature and uses caching, and governance and security hold up at scale.
    Incentivized
    Read full review
    Return on Investment
    CloudBudget
    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
    Incentivized
    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