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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    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
    IBM Planning Analytics
    Editions & Modules
    Essentials
    $825
    per month 5 users
    Standard
    $1,650
    per month 10 users
    Offerings
    Pricing Offerings
    IBM Planning Analytics
    Free Trial
    Yes
    Free/Freemium Version
    Yes
    Premium Consulting/Integration Services
    Yes
    Entry-level Setup FeeOptional
    Additional Details—
    More Pricing Information
    Community Pulse
    IBM Planning Analytics
    Considered Both Products
    IBM
    Chose IBM Planning Analytics
    I have experience with SAP Analytics Cloud (SAC), which we use for planning, forecasting, outlook, and plan-versus-actual analysis in our Finance environment. AI Transformation Use Cases - Finance Technology Partners: SAC excels at visualization and SAP-integrated analytics, …
    Incentivized
    Chose IBM Planning Analytics
    More real time and has the ability to customize based on the business need
    Incentivized
    Chose IBM Planning Analytics
    OneStream just seemed much more rigid in how things had to be structured and IBM Planning Analytics gave us more ability to customize what we wanted
    Incentivized
    Chose IBM Planning Analytics
    Anaplan is a very good platform, specially for connected planning across teams but IBM PA is a better fit when we need powerful data analysis, flexible financial planning and seamless integration with the IBM ecosystem. It gives us more control over complex calculations and …
    Incentivized
    Chose IBM Planning Analytics
    Cognos Analytics. stands out to be a more matured tool.
    This gives user more flexibility in do their own sandboxing as compared to its competitors.
    I also found the security management is easier and straightforward in IBM Planning Analytics.
    Incentivized
    Chose IBM Planning Analytics
    ability to customize the dashboard, connect with current data and financials (export into Excel), and share reports with teams
    Incentivized
    Chose IBM Planning Analytics
    All those mention products are great for something simple, as soon as the complexity level become higher, for example, something very simple like requiring over 8 dimensions on a cube, the other products either having performance issues or just not possible to scale.

    IBM …
    Incentivized
    Chose IBM Planning Analytics
    Scalability and performance.
    Incentivized
    Chose IBM Planning Analytics
    We have compared and evaluated Microsoft Power BI before moving into IBM Planning Analytics. Compared to Power BI, Planning Analytics provides stronger capabilities in budgeting and forecasting, and what-if analysis. And also it integrates very well with Microsoft Excel. When …
    Incentivized
    Chose IBM Planning Analytics
    Hardware requirements, number of partners, web portal
    Incentivized
    Chose IBM Planning Analytics
    ON premise & On cloud solution , with full fledged business modelling capability , one stop solution for business challenges from planning to data analytics.
    Incentivized
    Chose IBM Planning Analytics
    IBM Planning Analytics is more user friendly and can build visualization out of the box
    Incentivized
    Chose IBM Planning Analytics
    IBM has great integration cross-functionally, which has been an edge for us as an organization.
    Incentivized
    Chose IBM Planning Analytics
    We tried out Workday Adaptive Planning and Anaplan to see what they could do. Neither of these matched Planning Analytics' Rules engine, which was multidimensional. That was key. It's great for complex time-series data, driver-based allocations and intricate intercompany …
    Incentivized
    Chose IBM Planning Analytics
    IBM Planning Analytics, is an integrated planning solution that does more than just plan. IBM Planning Analytics harnesses a powerful calculation engine to provide deep insights and automate planning, budgeting and forecasting. Plus, you can collaborate seamlessly across …
    Incentivized
    Chose IBM Planning Analytics
    If compared to Excel, it eliminates version control issues and manual consolidation, which saves time and reduces errors.
    On the other hand, if we compared with Hyperion, IBM Planning Analytics is more agile and user-friendly, especially with the Excel integration (PAx) and the …
    Incentivized
    Chose IBM Planning Analytics
    IBM Planning Analytics was far more robust and worked well with our existing tools and processes.
    Incentivized
    Chose IBM Planning Analytics
    The overall tool is robust and complete in its capabilities.
    It has an edge over other competitors and state of art technology.
    Incentivized
    Chose IBM Planning Analytics
    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. …
    Incentivized
    Chose IBM Planning Analytics
    It is truly hard to compare both products. I like both products and would suggest choosing one but trying both. Some things are better through IBM Planning Analytics and some things are better through the IBM Analytics Engine. Ultimately I believe that IBM Planning Analytics …
    Incentivized
    Chose IBM Planning Analytics
    instead several, manual maintained excel spreadsheets, we have now implemented a save repeatable process to get data in and out to the users
    Incentivized
    Chose IBM Planning Analytics
    We chose IBM Planning Analytics because we find that it still uniquely positions with OLAP engine
    Incentivized
    Chose IBM Planning Analytics
    IBM Planning Analytics is my primary focus
    Incentivized
    Key User Insights
    Would buy again
    99%
    Would buy again
    140 Answers
    Delivers good value for the price
    98%
    Delivers good value for the price
    125 Answers
    Happy with the feature set
    96%
    Happy with the feature set
    137 Answers
    Lived up to sales and marketing promises
    95%
    Lived up to sales and marketing promises
    97 Answers
    Implementation went as expected
    93%
    Implementation went as expected
    116 Answers
    Features
    IBM Planning Analytics
    BI Standard Reporting
    Comparison of BI Standard Reporting features of IBM Planning Analytics
    Feature
    IBM Planning Analytics
    6.8
    127 Ratings
    10% below category average
    Pixel Perfect reports6.8111 Ratings
    Customizable dashboards6.8127 Ratings
    Report Formatting Templates6.7120 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of IBM Planning Analytics
    Feature
    IBM Planning Analytics
    7.7
    134 Ratings
    0% below category average
    Drill-down analysis8.2131 Ratings
    Formatting capabilities7.3132 Ratings
    Integration with R or other statistical packages7.9102 Ratings
    Report sharing and collaboration7.4129 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of IBM Planning Analytics
    Feature
    IBM Planning Analytics
    7.9
    126 Ratings
    0% below category average
    Publish to Web7.3118 Ratings
    Publish to PDF8.6119 Ratings
    Report Versioning7.8115 Ratings
    Report Delivery Scheduling8.1105 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of IBM Planning Analytics
    Feature
    IBM Planning Analytics
    7.6
    129 Ratings
    4% above category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)8.0128 Ratings
    Location Analytics / Geographic Visualization7.7118 Ratings
    Predictive Analytics7.8116 Ratings
    Pattern Recognition and Data Mining6.848 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of IBM Planning Analytics
    Feature
    IBM Planning Analytics
    8.5
    134 Ratings
    1% above category average
    Multi-User Support (named login)8.5132 Ratings
    Role-Based Security Model8.2132 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)8.4133 Ratings
    Report-Level Access Control8.760 Ratings
    Single Sign-On (SSO)8.7125 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of IBM Planning Analytics
    Feature
    IBM Planning Analytics
    7.5
    113 Ratings
    2% above category average
    Responsive Design for Web Access7.5110 Ratings
    Mobile Application7.670 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile6.783 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of IBM Planning Analytics
    Feature
    IBM Planning Analytics
    8.3
    146 Ratings
    3% above category average
    Long-term financial planning8.0142 Ratings
    Financial budgeting8.3144 Ratings
    Forecasting8.7142 Ratings
    Scenario modeling8.6141 Ratings
    Management reporting7.9141 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of IBM Planning Analytics
    Feature
    IBM Planning Analytics
    8.3
    135 Ratings
    7% above category average
    Financial data consolidation9.0128 Ratings
    Journal entries and reports9.1117 Ratings
    Multi-currency management8.4122 Ratings
    Intercompany Eliminations8.5117 Ratings
    Minority Ownership7.5110 Ratings
    Local and consolidated reporting7.4126 Ratings
    Detailed Audit Trails8.0128 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of IBM Planning Analytics
    Feature
    IBM Planning Analytics
    8.2
    136 Ratings
    1% above category average
    Financial Statement Reporting7.6131 Ratings
    Management Reporting8.0132 Ratings
    Excel-based Reporting8.6135 Ratings
    Automated board and financial reporting8.2123 Ratings
    XBRL support for regulatory filing8.588 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of IBM Planning Analytics
    Feature
    IBM Planning Analytics
    8.1
    138 Ratings
    7% above category average
    Personalized dashboards8.2136 Ratings
    Color-coded scorecards7.9131 Ratings
    KPIs7.6134 Ratings
    Cost and profitability analysis8.2132 Ratings
    Key Performance Indicator setting8.3131 Ratings
    Benchmarking with external data8.3102 Ratings
    Integration
    Comparison of Integration features of IBM Planning Analytics
    Feature
    IBM Planning Analytics
    9.0
    136 Ratings
    11% above category average
    Flat file integration8.9133 Ratings
    Excel data integration9.2133 Ratings
    Direct links to 3rd-party data sources8.8125 Ratings
    Best Alternatives
    IBM Planning Analytics
    Small Businesses
    No answers on this topic
    Medium-sized Companies
    Centage
    Score9.4 out of 10
    Enterprises
    Oracle Fusion Cloud Enterprise Performance Management
    Score7 out of 10
    All AlternativesView all alternatives
    User Ratings
    IBM Planning Analytics
    Likelihood to Recommend
    8.0
    (147 ratings)
    Likelihood to Renew
    9.1
    (5 ratings)
    Usability
    8.0
    (70 ratings)
    Support Rating
    7.3
    (93 ratings)
    Data Sharing and Collaboration
    9.0
    (3 ratings)
    Data Sources
    9.0
    (3 ratings)
    Ease of integration
    7.3
    (1 ratings)
    Product Scalability
    6.4
    (2 ratings)
    User Testimonials
    IBM Planning Analytics
    Likelihood to Recommend
    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
    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
    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
    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
    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
    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
    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
    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
    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