Fourth Analytics vs. IBM Planning Analytics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fourth Analytics
Score 8.9 out of 10
N/A
Fourth Analytics holds HR, scheduling, payroll, purchasing, stock and POS data in one place, as well as third-party data such as social media sentiment, customer reviews and mystery diner.N/A
IBM Planning Analytics
Score 7.7 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
Fourth AnalyticsIBM 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
Fourth AnalyticsIBM Planning Analytics
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Features
Fourth AnalyticsIBM Planning Analytics
Workforce Analytics
Comparison of Workforce Analytics features of Product A and Product B
Fourth Analytics
6.8
1 Ratings
21% below category average
IBM Planning Analytics
-
Ratings
Automated data collection9.01 Ratings00 Ratings
Data analysis10.01 Ratings00 Ratings
Data integration6.01 Ratings00 Ratings
Benchmarking4.01 Ratings00 Ratings
Report designer4.01 Ratings00 Ratings
Pre-built content7.01 Ratings00 Ratings
Data management6.01 Ratings00 Ratings
Self-service insights8.01 Ratings00 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Fourth Analytics
-
Ratings
IBM Planning Analytics
9.7
83 Ratings
21% above category average
Pixel Perfect reports00 Ratings9.674 Ratings
Customizable dashboards00 Ratings9.783 Ratings
Report Formatting Templates00 Ratings9.778 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Fourth Analytics
-
Ratings
IBM Planning Analytics
9.7
89 Ratings
16% above category average
Drill-down analysis00 Ratings9.887 Ratings
Formatting capabilities00 Ratings9.788 Ratings
Integration with R or other statistical packages00 Ratings9.767 Ratings
Report sharing and collaboration00 Ratings9.785 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Fourth Analytics
-
Ratings
IBM Planning Analytics
9.2
87 Ratings
12% above category average
Publish to Web00 Ratings9.882 Ratings
Publish to PDF00 Ratings9.781 Ratings
Report Versioning00 Ratings9.680 Ratings
Report Delivery Scheduling00 Ratings7.872 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Fourth Analytics
-
Ratings
IBM Planning Analytics
9.1
87 Ratings
18% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings9.787 Ratings
Location Analytics / Geographic Visualization00 Ratings9.582 Ratings
Predictive Analytics00 Ratings9.778 Ratings
Pattern Recognition and Data Mining00 Ratings7.411 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Fourth Analytics
-
Ratings
IBM Planning Analytics
9.6
90 Ratings
10% above category average
Multi-User Support (named login)00 Ratings9.888 Ratings
Role-Based Security Model00 Ratings9.889 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings9.890 Ratings
Report-Level Access Control00 Ratings8.815 Ratings
Single Sign-On (SSO)00 Ratings9.884 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Fourth Analytics
-
Ratings
IBM Planning Analytics
7.4
80 Ratings
6% below category average
Responsive Design for Web Access00 Ratings6.679 Ratings
Mobile Application00 Ratings7.343 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings7.352 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Fourth Analytics
-
Ratings
IBM Planning Analytics
9.8
95 Ratings
17% above category average
Long-term financial planning00 Ratings9.893 Ratings
Financial budgeting00 Ratings9.895 Ratings
Forecasting00 Ratings9.895 Ratings
Scenario modeling00 Ratings9.894 Ratings
Management reporting00 Ratings9.694 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Fourth Analytics
-
Ratings
IBM Planning Analytics
9.7
89 Ratings
20% above category average
Financial data consolidation00 Ratings9.785 Ratings
Journal entries and reports00 Ratings9.679 Ratings
Multi-currency management00 Ratings9.679 Ratings
Intercompany Eliminations00 Ratings9.778 Ratings
Minority Ownership00 Ratings9.671 Ratings
Local and consolidated reporting00 Ratings9.881 Ratings
Detailed Audit Trails00 Ratings9.784 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Fourth Analytics
-
Ratings
IBM Planning Analytics
9.2
90 Ratings
12% above category average
Financial Statement Reporting00 Ratings9.886 Ratings
Management Reporting00 Ratings9.787 Ratings
Excel-based Reporting00 Ratings9.889 Ratings
Automated board and financial reporting00 Ratings9.779 Ratings
XBRL support for regulatory filing00 Ratings7.257 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Fourth Analytics
-
Ratings
IBM Planning Analytics
9.5
91 Ratings
17% above category average
Personalized dashboards00 Ratings9.790 Ratings
Color-coded scorecards00 Ratings9.786 Ratings
KPIs00 Ratings9.888 Ratings
Cost and profitability analysis00 Ratings9.887 Ratings
Key Performance Indicator setting00 Ratings9.887 Ratings
Benchmarking with external data00 Ratings8.260 Ratings
Integration
Comparison of Integration features of Product A and Product B
Fourth Analytics
-
Ratings
IBM Planning Analytics
9.7
90 Ratings
16% above category average
Flat file integration00 Ratings9.787 Ratings
Excel data integration00 Ratings9.888 Ratings
Direct links to 3rd-party data sources00 Ratings9.580 Ratings
Best Alternatives
Fourth AnalyticsIBM Planning Analytics
Small Businesses
ActivTrak
ActivTrak
Score 8.8 out of 10

No answers on this topic

Medium-sized Companies
Predictive Index Behavioral Assessment
Predictive Index Behavioral Assessment
Score 9.9 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises
Predictive Index Behavioral Assessment
Predictive Index Behavioral Assessment
Score 9.9 out of 10
Prophix
Prophix
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Fourth AnalyticsIBM Planning Analytics
Likelihood to Recommend
9.0
(5 ratings)
9.0
(101 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(5 ratings)
Usability
-
(0 ratings)
9.8
(66 ratings)
Support Rating
6.8
(4 ratings)
9.7
(91 ratings)
Product Scalability
-
(0 ratings)
9.1
(1 ratings)
User Testimonials
Fourth AnalyticsIBM Planning Analytics
Likelihood to Recommend
HotSchedules and Fourth
It is most well-suited when analysing absence and looking for trends in order to be proactive as a business and address the various reasons causing this. It is less appropriate for maybe more financial based tasks, unless directly related to HR functions and processes within an organisation.
Read full review
IBM
I would be likely to recommend IBM Planning Analytics, particularly in scenarios where comprehensive financial and operational planning is essential. For instance, in our construction company, it is awesome for optimizing resource allocation across multiple projects, creating detailed project budgets, and conducting risk analysis to mitigate project uncertainties.
Read full review
Pros
HotSchedules and Fourth
  • Storing data on employees to save holding paper documents on site
  • Coordinating data from our fingerprint clock in and out machine to check hours worked against rota’d hours
  • Useful for recording comments and warnings on staff performance
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IBM
  • Forecasting after taking into account seasonal trends and exceptional transactions
  • Unlike spreadsheets, there is no fear of an user making changes to the mastercopy accidentally. Each user gets his or her own workspace to analyze.
  • For entities operating in multiple countries, connects seamlessly with IBM Cognos Controller for taking into account variation in currencies
Read full review
Cons
HotSchedules and Fourth
  • Breakdown of costs in each Rota - SMP affects it.
  • The integration with recruitment websites still requires data to be put in manually.
  • Integration of importing Excel on the rota.
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IBM
  • IBM Planning Analytics was an upgrade from an older version of TM1 that is experiencing some growing pains, some functionality is harder to reach than it has been in the past
  • It is easy to learn as a surface user with created reports, but it does require some technical skills to make advanced calculations and reports if there is no reliable consultant available, much like Excel
Read full review
Likelihood to Renew
HotSchedules and Fourth
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
HotSchedules and Fourth
No answers on this topic
IBM
For developers, admins and end users looking for flexibility, IBM Planning Analytics would rate very highly on usability. For example, a developer has access to a highly performant built-in ETL (Extract Translate Load) tool and scripting language called Turbo Integrator that can (among other things) bring in data via flat file or direct connection from many data sources, move data around Planning Analytics, perform batch calculations, export to files or other data stores. In the rare situation where limitations are encountered there is a well documented REST API. Admins and end users benefit from the intuitive PAW (Workspace) interface as well as the rich Excel integration through Planning Analytics for Excel (PAfE). Since flexibility inherently comes with a little more complexity, so an organization with simple and "cookie-cutter" requirements may rate Planning Analytics a little lower.
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Support Rating
HotSchedules and Fourth
Sometimes it was difficult to resolve an issue with a single person.
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IBM
Although I find the IBM Planning analytics documentation quite time consuming, their support with email and call is something i can term as very considerate and patient, I have had few calls about the features and how i would want to implement them within my projects, and the teams have been super helpful to resolve my issues
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Alternatives Considered
HotSchedules and Fourth
Read full review
IBM
Anaplan does not handle sparsity; this is very problematic for large volume data sets (many 0's). There also are limitations to the number of dimensions that can be used in a module. If more dimensions are required, then separate modules need to be built and intertwined. IBM PA does not have these limitations.
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Return on Investment
HotSchedules and Fourth
  • Automated reporting
  • Successful documentation on staff and right to work
Read full review
IBM
  • One of the advantage is on its ability to ease budget and planning
  • Secondly,the fact that it allows for forecasting means based on such insights means that organisations are able to prepare for future eventualities
  • Thirdly, since it can accommodate data from multiple sources means that one is able to carry out best business practices like planning.
Read full review
ScreenShots

Fourth Analytics Screenshots

Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of

IBM Planning Analytics Screenshots

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