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IBM Planning Analytics vs. M3 Insight

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
M3 Insight
Score 0.0 out of 10
N/A
M3 Insight is a self-service business intelligence application for hotel management companies and owners that centralizes data and is a single source of truth for a hotelier’s portfolio. Insight also enables hoteliers to report on data from data providers, including M3 Accounting Core, M3 Budget and Forecast, STR, GSS, OTB, M3 Labor Management, and 3rd Party Labor Data. Insight aims to remove the struggle of gathering and managing data from multiple systems so hoteliers can quickly gain insights…N/A
Pricing
IBM Planning AnalyticsM3 Insight
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 AnalyticsM3 Insight
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details——
More Pricing Information
Community Pulse
IBM Planning AnalyticsM3 Insight
Features
IBM Planning AnalyticsM3 Insight
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
IBM Planning Analytics
7.5
109 Ratings
2% below category average
M3 Insight
-
Ratings
Pixel Perfect reports7.496 Ratings00 Ratings
Customizable dashboards7.4109 Ratings00 Ratings
Report Formatting Templates7.8103 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
IBM Planning Analytics
7.7
115 Ratings
5% below category average
M3 Insight
-
Ratings
Drill-down analysis7.9111 Ratings00 Ratings
Formatting capabilities7.4113 Ratings00 Ratings
Integration with R or other statistical packages7.487 Ratings00 Ratings
Report sharing and collaboration7.9111 Ratings00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
IBM Planning Analytics
8.0
109 Ratings
3% below category average
M3 Insight
-
Ratings
Publish to Web7.9103 Ratings00 Ratings
Publish to PDF7.9102 Ratings00 Ratings
Report Versioning8.4100 Ratings00 Ratings
Report Delivery Scheduling7.993 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
IBM Planning Analytics
7.4
110 Ratings
4% below category average
M3 Insight
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)7.8110 Ratings00 Ratings
Location Analytics / Geographic Visualization7.0102 Ratings00 Ratings
Predictive Analytics7.9100 Ratings00 Ratings
Pattern Recognition and Data Mining6.932 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
IBM Planning Analytics
7.9
115 Ratings
9% below category average
M3 Insight
-
Ratings
Multi-User Support (named login)7.9113 Ratings00 Ratings
Role-Based Security Model7.5114 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.0115 Ratings00 Ratings
Report-Level Access Control7.642 Ratings00 Ratings
Single Sign-On (SSO)8.4107 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
IBM Planning Analytics
7.2
101 Ratings
6% below category average
M3 Insight
-
Ratings
Responsive Design for Web Access7.597 Ratings00 Ratings
Mobile Application6.962 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile6.173 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
IBM Planning Analytics
8.7
124 Ratings
5% above category average
M3 Insight
-
Ratings
Long-term financial planning8.3120 Ratings00 Ratings
Financial budgeting8.6123 Ratings00 Ratings
Forecasting9.2123 Ratings00 Ratings
Scenario modeling8.9122 Ratings00 Ratings
Management reporting8.3123 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
IBM Planning Analytics
8.4
115 Ratings
5% above category average
M3 Insight
-
Ratings
Financial data consolidation9.2111 Ratings00 Ratings
Journal entries and reports9.2103 Ratings00 Ratings
Multi-currency management8.2104 Ratings00 Ratings
Intercompany Eliminations8.2101 Ratings00 Ratings
Minority Ownership8.894 Ratings00 Ratings
Local and consolidated reporting7.3107 Ratings00 Ratings
Detailed Audit Trails7.9108 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
IBM Planning Analytics
8.4
116 Ratings
4% above category average
M3 Insight
-
Ratings
Financial Statement Reporting8.0112 Ratings00 Ratings
Management Reporting8.6113 Ratings00 Ratings
Excel-based Reporting9.2115 Ratings00 Ratings
Automated board and financial reporting9.2105 Ratings00 Ratings
XBRL support for regulatory filing7.076 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
IBM Planning Analytics
8.3
118 Ratings
2% above category average
M3 Insight
-
Ratings
Personalized dashboards8.9117 Ratings00 Ratings
Color-coded scorecards7.9112 Ratings00 Ratings
KPIs8.3115 Ratings00 Ratings
Cost and profitability analysis8.0113 Ratings00 Ratings
Key Performance Indicator setting8.3113 Ratings00 Ratings
Benchmarking with external data8.284 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
IBM Planning Analytics
8.7
116 Ratings
4% above category average
M3 Insight
-
Ratings
Flat file integration8.4113 Ratings00 Ratings
Excel data integration8.9114 Ratings00 Ratings
Direct links to 3rd-party data sources8.7104 Ratings00 Ratings
Best Alternatives
IBM Planning AnalyticsM3 Insight
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Score 9.0 out of 10
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Score 9.0 out of 10
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Score 9.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IBM Planning AnalyticsM3 Insight
Likelihood to Recommend
8.0
(123 ratings)
-
(0 ratings)
Likelihood to Renew
9.1
(5 ratings)
-
(0 ratings)
Usability
7.8
(69 ratings)
-
(0 ratings)
Support Rating
7.4
(93 ratings)
-
(0 ratings)
Product Scalability
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
IBM Planning AnalyticsM3 Insight
Likelihood to Recommend
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.
Verified User
Anonymous
Read full review
M3 Inc
No answers on this topic
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.
Verified User
Anonymous
Read full review
M3 Inc
No answers on this topic
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
Verified User
Anonymous
Read full review
M3 Inc
No answers on this topic
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.
Verified User
Anonymous
Read full review
M3 Inc
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.
Verified User
Anonymous
Read full review
M3 Inc
No answers on this topic
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.
Verified User
Anonymous
Read full review
M3 Inc
No answers on this topic
Alternatives Considered
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.
PC
Patrick Cooper
BI Consultant
Read full review
M3 Inc
No answers on this topic
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
AT
Ann-Grete Tan
Chief Strategy Officer
Read full review
M3 Inc
No answers on this topic
ScreenShots

IBM Planning Analytics Screenshots

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