Gusto vs. IBM Planning Analytics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Gusto
Score 8.9 out of 10
N/A
Gusto offers payroll, benefits and compliance capabilities. Gusto is scaled for small to mid-sized businesses, and emphasizes an easy to use interface.
$49
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
GustoIBM Planning Analytics
Editions & Modules
Simple: A streamlined set of automatic payroll features and benefits integrations
$49/month + $6/mo per person
per month
Plus: Comprehensive payroll, benefits, and HR tools for employers building a great place to work
$80/month + $12/mo per person
per month
Premium: Scalable payroll and benefits, expert HR, and dedicated support for the complex needs of growing teams
$180/month + $22/mo per person
per month
Essentials
$825
per month 5 users
Standard
$1,650
per month 10 users
Offerings
Pricing Offerings
GustoIBM Planning Analytics
Free Trial
YesYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeOptional
Additional DetailsGusto offers three pricing plans for payroll, benefits, and HR.
More Pricing Information
Community Pulse
GustoIBM Planning Analytics
Features
GustoIBM Planning Analytics
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Gusto
9.1
602 Ratings
10% above category average
IBM Planning Analytics
-
Ratings
Pay calculation9.5578 Ratings00 Ratings
Support for external payroll vendors8.58 Ratings00 Ratings
Benefit plan administration8.8412 Ratings00 Ratings
Direct deposit files9.6583 Ratings00 Ratings
Salary revision and increment management9.1453 Ratings00 Ratings
Reimbursement management9.1190 Ratings00 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Gusto
-
Ratings
IBM Planning Analytics
7.5
107 Ratings
0% below category average
Pixel Perfect reports00 Ratings7.494 Ratings
Customizable dashboards00 Ratings7.4107 Ratings
Report Formatting Templates00 Ratings7.8101 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Gusto
-
Ratings
IBM Planning Analytics
7.6
113 Ratings
3% below category average
Drill-down analysis00 Ratings7.9110 Ratings
Formatting capabilities00 Ratings7.4111 Ratings
Integration with R or other statistical packages00 Ratings7.485 Ratings
Report sharing and collaboration00 Ratings7.8109 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Gusto
-
Ratings
IBM Planning Analytics
8.0
107 Ratings
0% below category average
Publish to Web00 Ratings7.9101 Ratings
Publish to PDF00 Ratings7.9100 Ratings
Report Versioning00 Ratings8.398 Ratings
Report Delivery Scheduling00 Ratings7.991 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Gusto
-
Ratings
IBM Planning Analytics
7.3
108 Ratings
1% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.8108 Ratings
Location Analytics / Geographic Visualization00 Ratings6.9101 Ratings
Predictive Analytics00 Ratings7.898 Ratings
Pattern Recognition and Data Mining00 Ratings6.831 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Gusto
-
Ratings
IBM Planning Analytics
7.9
113 Ratings
7% below category average
Multi-User Support (named login)00 Ratings7.9111 Ratings
Role-Based Security Model00 Ratings7.5112 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.0113 Ratings
Report-Level Access Control00 Ratings7.540 Ratings
Single Sign-On (SSO)00 Ratings8.4105 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Gusto
-
Ratings
IBM Planning Analytics
7.1
99 Ratings
5% below category average
Responsive Design for Web Access00 Ratings7.596 Ratings
Mobile Application00 Ratings6.761 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings6.071 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Gusto
-
Ratings
IBM Planning Analytics
8.7
122 Ratings
6% above category average
Long-term financial planning00 Ratings8.3118 Ratings
Financial budgeting00 Ratings8.6121 Ratings
Forecasting00 Ratings9.2121 Ratings
Scenario modeling00 Ratings8.9120 Ratings
Management reporting00 Ratings8.3121 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Gusto
-
Ratings
IBM Planning Analytics
8.4
113 Ratings
8% above category average
Financial data consolidation00 Ratings9.2109 Ratings
Journal entries and reports00 Ratings9.2101 Ratings
Multi-currency management00 Ratings8.2102 Ratings
Intercompany Eliminations00 Ratings8.2100 Ratings
Minority Ownership00 Ratings8.893 Ratings
Local and consolidated reporting00 Ratings7.3105 Ratings
Detailed Audit Trails00 Ratings7.9107 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Gusto
-
Ratings
IBM Planning Analytics
8.4
114 Ratings
7% above category average
Financial Statement Reporting00 Ratings8.0110 Ratings
Management Reporting00 Ratings8.6111 Ratings
Excel-based Reporting00 Ratings9.3113 Ratings
Automated board and financial reporting00 Ratings9.2103 Ratings
XBRL support for regulatory filing00 Ratings6.875 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Gusto
-
Ratings
IBM Planning Analytics
8.3
116 Ratings
2% above category average
Personalized dashboards00 Ratings8.9115 Ratings
Color-coded scorecards00 Ratings7.9110 Ratings
KPIs00 Ratings8.2113 Ratings
Cost and profitability analysis00 Ratings8.0111 Ratings
Key Performance Indicator setting00 Ratings8.3111 Ratings
Benchmarking with external data00 Ratings8.382 Ratings
Integration
Comparison of Integration features of Product A and Product B
Gusto
-
Ratings
IBM Planning Analytics
8.7
114 Ratings
6% above category average
Flat file integration00 Ratings8.4111 Ratings
Excel data integration00 Ratings8.9112 Ratings
Direct links to 3rd-party data sources00 Ratings8.8103 Ratings
Best Alternatives
GustoIBM Planning Analytics
Small Businesses
Dayforce Powerpay
Dayforce Powerpay
Score 9.3 out of 10

No answers on this topic

Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.1 out of 10
Centage
Centage
Score 9.4 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
OneStream
OneStream
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
GustoIBM Planning Analytics
Likelihood to Recommend
9.1
(590 ratings)
8.0
(121 ratings)
Likelihood to Renew
10.0
(12 ratings)
9.1
(5 ratings)
Usability
9.5
(414 ratings)
7.8
(69 ratings)
Support Rating
1.8
(26 ratings)
7.4
(93 ratings)
Implementation Rating
9.1
(2 ratings)
-
(0 ratings)
Product Scalability
-
(0 ratings)
9.1
(1 ratings)
User Testimonials
GustoIBM Planning Analytics
Likelihood to Recommend
Gusto
Gusto is well-suited for small businesses looking for a one-stop platform for payroll, tax-related tasks, and onboarding. It has many automated features that make tasks related to running a business/running an S-Corp simpler. I have not tried any other similar platforms, so I am unsure how it compares, but the pricing Gusto offers feels reasonable compared to other providers.
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
Gusto
  • New employee/contractor onboarding - all the documents are stored and easily accessible (the same goes for off-boarding).
  • A one-click option for syncing hours worked with payroll.
  • The option to run payroll on auto-pilot.
  • Ensuring I'm tax compliant with the states we have employees in.
  • Always having digital records of payroll runs.
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
Gusto
  • Digital compliance tools for remote teams
  • Gusto upsold us labor law posters, but I later found them available for free online. Since we’re a fully remote team, I had to manually download and distribute them digitally. It would be much more efficient if Gusto offered free, auto-distributed digital posters tailored to remote compliance.
  • Benefits setup is unintuitive for startups
  • While our rep was helpful, navigating the benefits system felt complex and not tailored to early-stage companies. More guided flows or simplified options for small, remote startups would be a big help.
  • Limited dashboard customization for remote workflows
  • As a fully online company, we’d benefit from dashboard options that highlight relevant tools for remote operations—like compliance tracking, digital communications, or onboarding checklists.
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
Gusto
Unless they break it, I'm never leaving. It's just too easy. Gusto is also really affordable, and for what I pay, it's worth having the historical record within the system. I like that I can go back and pull up W2's for year's past. This sort of easy access reporting, has been helpful especially when getting reports for PPP loans.
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
Gusto
Wonderful overall usability – especially for the new business owner. The user interface is clean and intuitive, so it's easy to find what you're looking for. They also have great explanation pages ingrained into the process, so if you get stuck knowing what to do next, there's a link right there to walk you through the process!
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
Support Rating
Gusto
Gusto's customer service has really deteriorated lately and they seem to have really changed their focus. It used to be when you called you were routed to an individual who knew about payroll, benefits, reporting, etc. but now you get someone who seems to have not received the correct training. My last call about a dismissal payroll took me over an hour of my time and the person still could not help me and finally transferred me to someone else.
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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.
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Implementation Rating
Gusto
Reach out to support immediately if you are having trouble setting up Gusto. Rather than being confused and trying to figure it out yourself, it's much better to talk to someone who knows what they are doing. Save yourself time and frustration and reach out to support
Read full review
IBM
No answers on this topic
Alternatives Considered
Gusto
It's been a while since I used QuickBooks for payroll, but it doesn't even come close to it. Gusto is infinitely easier, allowing for employee time tracking, handling calculations and payments of payroll and payroll taxes, managing regulatory compliance in the background, and more. I had a lot of moments using QuickBooks Payroll where I thought, "Am I even doing this right?" — it felt like you had to have additional knowledge of HR regulations in your state to do everything correctly. Gusto has it ALL handled so you can focus your time on higher-impact tasks in your business.
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
Gusto
  • I am not involved enough to know well, but I would say that Gusto has saved me about 1-2 hours in my onboarding process with my new company compared to my past experiences trying to onboard with ADP. I have also finished the process and am not frustrated like usual.
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

Gusto Screenshots

Screenshot of Gusto's automated payrollScreenshot of the time-off tracking interfaceScreenshot of the source of truth for HR data

IBM Planning Analytics Screenshots

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