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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

    Izenda

    Score10 out of 10
    Small Businesses (1-50 employees)
    Izenda is a business intelligence software offering from Izenda.N/A
    Pricing
    IBM Planning AnalyticsIzenda
    Editions & Modules
    Essentials
    $825
    per month 5 users
    Standard
    $1,650
    per month 10 users
    No answers on this topic
    Offerings
    Pricing Offerings
    IBM Planning AnalyticsIzenda
    Free Trial
    YesYes
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details—No per user or core fees, unlimited use licensing for production and non-production instances.
    More Pricing Information
    Community Pulse
    IBM Planning AnalyticsIzenda
    Considered Both Products
    IBM
    No answer on this topic
    Izenda
    No answer on this topic
    Key User Insights
    Would buy again
    99%
    Would buy again
    128 Answers
    No answers on this topic
    Delivers good value for the price
    97%
    Delivers good value for the price
    114 Answers
    No answers on this topic
    Happy with the feature set
    97%
    Happy with the feature set
    125 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    97%
    Lived up to sales and marketing promises
    89 Answers
    No answers on this topic
    Implementation went as expected
    93%
    Implementation went as expected
    104 Answers
    No answers on this topic
    Features
    IBM Planning AnalyticsIzenda
    BI Standard Reporting
    Comparison of BI Standard Reporting features of IBM Planning Analytics and Izenda
    Feature
    IBM Planning Analytics
    7.6
    116 Ratings
    1% above category average
    Izenda
    9.3
    2 Ratings
    13% above category average
    Pixel Perfect reports7.6102 Ratings9.02 Ratings
    Customizable dashboards7.7116 Ratings10.02 Ratings
    Report Formatting Templates7.5109 Ratings9.02 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of IBM Planning Analytics and Izenda
    Feature
    IBM Planning Analytics
    8.0
    122 Ratings
    3% above category average
    Izenda
    9.3
    2 Ratings
    15% above category average
    Drill-down analysis8.5119 Ratings9.02 Ratings
    Formatting capabilities7.9120 Ratings10.02 Ratings
    Integration with R or other statistical packages7.992 Ratings00 Ratings
    Report sharing and collaboration7.8118 Ratings9.02 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of IBM Planning Analytics and Izenda
    Feature
    IBM Planning Analytics
    8.1
    116 Ratings
    2% above category average
    Izenda
    8.8
    2 Ratings
    7% above category average
    Publish to Web7.9109 Ratings9.02 Ratings
    Publish to PDF8.2109 Ratings9.02 Ratings
    Report Versioning8.3106 Ratings9.02 Ratings
    Report Delivery Scheduling8.298 Ratings8.02 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of IBM Planning Analytics and Izenda
    Feature
    IBM Planning Analytics
    7.5
    117 Ratings
    2% above category average
    Izenda
    9.0
    2 Ratings
    12% above category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)8.1117 Ratings10.02 Ratings
    Location Analytics / Geographic Visualization7.7109 Ratings8.02 Ratings
    Predictive Analytics7.8107 Ratings9.02 Ratings
    Pattern Recognition and Data Mining6.638 Ratings00 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of IBM Planning Analytics and Izenda
    Feature
    IBM Planning Analytics
    8.0
    122 Ratings
    5% below category average
    Izenda
    9.0
    2 Ratings
    6% above category average
    Multi-User Support (named login)8.1120 Ratings8.02 Ratings
    Role-Based Security Model7.7121 Ratings9.02 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)8.0122 Ratings10.02 Ratings
    Report-Level Access Control7.549 Ratings00 Ratings
    Single Sign-On (SSO)8.4114 Ratings00 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of IBM Planning Analytics and Izenda
    Feature
    IBM Planning Analytics
    7.6
    105 Ratings
    4% above category average
    Izenda
    10.0
    2 Ratings
    26% above category average
    Responsive Design for Web Access7.7102 Ratings10.02 Ratings
    Mobile Application7.666 Ratings00 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile6.676 Ratings10.02 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of IBM Planning Analytics and Izenda
    Feature
    IBM Planning Analytics
    8.4
    131 Ratings
    4% above category average
    Izenda
    -
    Ratings
    Long-term financial planning8.0127 Ratings00 Ratings
    Financial budgeting8.4130 Ratings00 Ratings
    Forecasting8.7130 Ratings00 Ratings
    Scenario modeling8.6129 Ratings00 Ratings
    Management reporting8.6129 Ratings00 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of IBM Planning Analytics and Izenda
    Feature
    IBM Planning Analytics
    8.5
    122 Ratings
    9% above category average
    Izenda
    -
    Ratings
    Financial data consolidation9.1118 Ratings00 Ratings
    Journal entries and reports9.2108 Ratings00 Ratings
    Multi-currency management8.5110 Ratings00 Ratings
    Intercompany Eliminations8.4107 Ratings00 Ratings
    Minority Ownership8.6101 Ratings00 Ratings
    Local and consolidated reporting7.8114 Ratings00 Ratings
    Detailed Audit Trails8.1115 Ratings00 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of IBM Planning Analytics and Izenda
    Feature
    IBM Planning Analytics
    8.8
    123 Ratings
    8% above category average
    Izenda
    -
    Ratings
    Financial Statement Reporting8.2119 Ratings00 Ratings
    Management Reporting8.7120 Ratings00 Ratings
    Excel-based Reporting9.4122 Ratings00 Ratings
    Automated board and financial reporting9.1111 Ratings00 Ratings
    XBRL support for regulatory filing8.680 Ratings00 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of IBM Planning Analytics and Izenda
    Feature
    IBM Planning Analytics
    8.4
    125 Ratings
    11% above category average
    Izenda
    -
    Ratings
    Personalized dashboards8.7124 Ratings00 Ratings
    Color-coded scorecards8.4119 Ratings00 Ratings
    KPIs8.1122 Ratings00 Ratings
    Cost and profitability analysis8.2120 Ratings00 Ratings
    Key Performance Indicator setting8.5119 Ratings00 Ratings
    Benchmarking with external data8.590 Ratings00 Ratings
    Integration
    Comparison of Integration features of IBM Planning Analytics and Izenda
    Feature
    IBM Planning Analytics
    8.7
    123 Ratings
    7% above category average
    Izenda
    -
    Ratings
    Flat file integration8.7120 Ratings00 Ratings
    Excel data integration9.0120 Ratings00 Ratings
    Direct links to 3rd-party data sources8.6112 Ratings00 Ratings
    Best Alternatives
    IBM Planning AnalyticsIzenda
    Small Businesses
    No answers on this topic
    Cyfe
    Score4 out of 10
    Medium-sized Companies
    Centage
    Score9.4 out of 10
    Qlik Cloud Analytics (Qlik Sense)
    Score8.1 out of 10
    Enterprises
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    Jaspersoft Community Edition
    Score7 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    IBM Planning AnalyticsIzenda
    Likelihood to Recommend
    8.0
    (132 ratings)
    10.0
    (2 ratings)
    Likelihood to Renew
    9.1
    (5 ratings)
    -
    (0 ratings)
    Usability
    7.8
    (69 ratings)
    8.0
    (1 ratings)
    Support Rating
    7.3
    (93 ratings)
    9.0
    (1 ratings)
    Data Sharing and Collaboration
    9.0
    (3 ratings)
    8.0
    (1 ratings)
    Data Sources
    9.0
    (3 ratings)
    7.0
    (1 ratings)
    Product Scalability
    9.1
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    IBM Planning AnalyticsIzenda
    Likelihood to Recommend
    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
    Izenda
    With Izenda, we can offer our trusted users dashboards, generated custom reports, and ad-hoc reporting, right within our own operation. Integrating the Izenda tool directly into our usage meant that we were suitable to use a small corridor of Izenda as core functionality while reserving the more advanced sections of Izenda for guests willing to pay redundancy for the licensing.
    Read full review
    Pros
    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
    Izenda
    • User and tenant management is excellent. It is very simple to implement and easy to manage.
    • The configurability and customizability are excellent. We have access to all aspects of the system and have rebranded and configured single sign on. The users really like it.
    • Reports and visualizations work. There's lots of flexibility and users enjoy creating reports themselves.
    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
    Izenda
    • It would be superb if power users were ready to input a SQL statement to create a knowledge set.
    • The data source selection view while creating a replacement report.
    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
    Izenda
    No answers on this topic
    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
    Izenda
    With the help of Izenda, we are able to build a mature foundation that users can quickly customize to their needs. Once permissions are layered in, we can simply use the same report and only show fields a specific user has access to.
    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
    Izenda
    Izenda always provides great support to their users.
    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
    Izenda
    We compared to other end user tools like Qlik, Tableau and Power BI. These tools are very refined but not positioned for OEM/Embedded use cases. The closest we came was logi and Birst and the price and business model of Izenda was much more appealing
    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
    Izenda
    • One of the best user interfaces.
    • Even a non-tech person can use it.
    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

    Izenda Screenshots

    Screenshot of Example of white label integration that inherits an application's look and feel.Screenshot of Report Designer with data field query capabilities.Screenshot of Visualizations on a dashboard.Screenshot of Another example of a modern dashboard.