What users are saying about
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35 Ratings
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161 Ratings

IBM Planning Analytics

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35 Ratings
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Score 8.2 out of 100

Oracle EPM Cloud

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161 Ratings
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Score 8.1 out of 100

Likelihood to Recommend

IBM Planning Analytics

Cognos TM1's ability to store and provide fast access financial data both on-premise and in the cloud makes it a great asset during month-end or year-end closing. The speed at which it can be updated and reflect GL changes for reporting makes it well suited for PL and BL reporting. For example, when it comes budgeting season and your FI application is getting hammered a speedy application makes your user base happy. However, Cognos TM1 is not well suited for reporting when you have to store a lot of granular data, think retail transaction level stuff, as Cognos TM1 is an OLAP data structure rather than relational.
Anonymous | TrustRadius Reviewer

Oracle EPM Cloud

It is well suited in a geographically distributed environment where you have various key participants in multiple time zones providing input and necessary explanations on performance and measured successIt is less appropriate where you have a single office environment with a single finance department working together.It is also less suited when the GL is NOT an Oracle product and the interface between the GL and the reporting software needs to be implemented with utmost care and handling.
Vishal Shivdasani | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

IBM Planning Analytics
6.8
Oracle EPM Cloud
6.5
Pixel Perfect reports
IBM Planning Analytics
7.1
Oracle EPM Cloud
8.1
Customizable dashboards
IBM Planning Analytics
6.9
Oracle EPM Cloud
5.7
Report Formatting Templates
IBM Planning Analytics
6.4
Oracle EPM Cloud
5.8

Ad-hoc Reporting

IBM Planning Analytics
7.0
Oracle EPM Cloud
8.0
Drill-down analysis
IBM Planning Analytics
7.5
Oracle EPM Cloud
8.0
Formatting capabilities
IBM Planning Analytics
6.6
Oracle EPM Cloud
7.8
Integration with R or other statistical packages
IBM Planning Analytics
7.0
Oracle EPM Cloud
Report sharing and collaboration
IBM Planning Analytics
7.0
Oracle EPM Cloud
8.2

Report Output and Scheduling

IBM Planning Analytics
7.2
Oracle EPM Cloud
8.2
Publish to Web
IBM Planning Analytics
7.7
Oracle EPM Cloud
8.0
Publish to PDF
IBM Planning Analytics
7.4
Oracle EPM Cloud
8.8
Report Versioning
IBM Planning Analytics
7.2
Oracle EPM Cloud
7.9
Report Delivery Scheduling
IBM Planning Analytics
6.4
Oracle EPM Cloud
8.1

Data Discovery and Visualization

IBM Planning Analytics
6.8
Oracle EPM Cloud
5.6
Pre-built visualization formats (heatmaps, scatter plots etc.)
IBM Planning Analytics
7.4
Oracle EPM Cloud
5.7
Location Analytics / Geographic Visualization
IBM Planning Analytics
7.0
Oracle EPM Cloud
5.3
Predictive Analytics
IBM Planning Analytics
5.9
Oracle EPM Cloud
5.7

Access Control and Security

IBM Planning Analytics
7.9
Oracle EPM Cloud
8.7
Multi-User Support (named login)
IBM Planning Analytics
7.7
Oracle EPM Cloud
8.6
Role-Based Security Model
IBM Planning Analytics
7.8
Oracle EPM Cloud
8.7
Multiple Access Permission Levels (Create, Read, Delete)
IBM Planning Analytics
7.8
Oracle EPM Cloud
8.7
Single Sign-On (SSO)
IBM Planning Analytics
8.2
Oracle EPM Cloud
8.7

Mobile Capabilities

IBM Planning Analytics
6.3
Oracle EPM Cloud
7.2
Responsive Design for Web Access
IBM Planning Analytics
6.3
Oracle EPM Cloud
6.2
Dedicated iOS Application
IBM Planning Analytics
6.8
Oracle EPM Cloud
Dedicated Android Application
IBM Planning Analytics
6.1
Oracle EPM Cloud
8.2
Dashboard / Report / Visualization Interactivity on Mobile
IBM Planning Analytics
5.9
Oracle EPM Cloud

Budgeting, Planning, and Forecasting

IBM Planning Analytics
7.7
Oracle EPM Cloud
8.4
Long-term financial planning
IBM Planning Analytics
7.8
Oracle EPM Cloud
8.6
Financial budgeting
IBM Planning Analytics
7.9
Oracle EPM Cloud
8.6
Forecasting
IBM Planning Analytics
8.0
Oracle EPM Cloud
8.1
Scenario modeling
IBM Planning Analytics
7.6
Oracle EPM Cloud
8.4
Management reporting
IBM Planning Analytics
7.3
Oracle EPM Cloud
8.5

Consolidation and Close

IBM Planning Analytics
7.1
Oracle EPM Cloud
7.7
Financial data consolidation
IBM Planning Analytics
7.2
Oracle EPM Cloud
7.8
Journal entries and reports
IBM Planning Analytics
6.4
Oracle EPM Cloud
7.3
Multi-currency management
IBM Planning Analytics
7.8
Oracle EPM Cloud
7.6
Intercompany Eliminations
IBM Planning Analytics
7.2
Oracle EPM Cloud
7.8
Minority Ownership
IBM Planning Analytics
6.8
Oracle EPM Cloud
7.5
Local and consolidated reporting
IBM Planning Analytics
7.4
Oracle EPM Cloud
7.4
Detailed Audit Trails
IBM Planning Analytics
7.1
Oracle EPM Cloud
8.1

FInancial Reporting and Compliance

IBM Planning Analytics
7.6
Oracle EPM Cloud
8.1
Financial Statement Reporting
IBM Planning Analytics
7.8
Oracle EPM Cloud
8.4
Management Reporting
IBM Planning Analytics
7.7
Oracle EPM Cloud
8.4
Excel-based Reporting
IBM Planning Analytics
8.3
Oracle EPM Cloud
8.3
Automated board and financial reporting
IBM Planning Analytics
7.1
Oracle EPM Cloud
8.1
XBRL support for regulatory filing
IBM Planning Analytics
7.3
Oracle EPM Cloud
7.3

Analytics

IBM Planning Analytics
7.4
Oracle EPM Cloud
7.2
Personalized dashboards
IBM Planning Analytics
7.7
Oracle EPM Cloud
8.1
Color-coded scorecards
IBM Planning Analytics
7.3
Oracle EPM Cloud
6.7
KPIs
IBM Planning Analytics
6.9
Oracle EPM Cloud
7.4
Cost and profitability analysis
IBM Planning Analytics
7.6
Oracle EPM Cloud
5.8
Key Performance Indicator setting
IBM Planning Analytics
7.4
Oracle EPM Cloud
7.6
Benchmarking with external data
IBM Planning Analytics
7.4
Oracle EPM Cloud
7.6

Integration

IBM Planning Analytics
7.9
Oracle EPM Cloud
8.0
Flat file integration
IBM Planning Analytics
8.0
Oracle EPM Cloud
8.1
Excel data integration
IBM Planning Analytics
8.3
Oracle EPM Cloud
8.7
Direct links to 3rd-party data sources
IBM Planning Analytics
7.5
Oracle EPM Cloud
7.4

Pros

IBM Planning Analytics

  • TM1 is tremendously more flexible than the competitor products due to its ability to calculate real-time.
  • Hierarchy changes are instantly available to take advantage of the real-time calculation. No pre-consolidations needed!
  • Native write-back capability allows for simple, integrated budgeting, forecasting and what-if analysis.
  • IBM is constantly improving the product and integrating with new products like Cognos BI, SPSS and is now beginning to integrate it with Watson Analytics.
  • New cloud versions of TM1 are now providing some really great web-based tools to simplify and streamline the presentation development and strengthen the self-service reporting, analytics and what-if analysis capacity.
Christopher Redmond | TrustRadius Reviewer

Oracle EPM Cloud

  • Account Reconciliation CLoud Services provides tight integration with Oracle R12 and 11i . Provides drillback capability. It is flexible and provides rich functionality to users.
  • We have implemented ARCS on cloud and migrated planning and budgeting from On premise to PBCS and EPBCS. Functionality is onpar with onpremise. Provides regular updates monthly
  • We don't need to upgrades every year and saved a lot on Hardware.
Raju Aenike | TrustRadius Reviewer

Cons

IBM Planning Analytics

  • Would like IBM to ensure the Cloud experience is as stable as the on-premise version.
  • More direct IBM involvement to resolve system & environment issues & informing the customer directly rather than through 3rd party support providers who may not be able to.
Anonymous | TrustRadius Reviewer

Oracle EPM Cloud

  • The limitation of constrained out of the box dimensions that requires ripping the initial implementation to add the new dimensions is a major drawback.
  • Smartview interface is cumbersome for many.
  • The only financial adapter is available for integration for other modules we have to go with file-based uploads which is cumbersome and not real-time.
  • It is very costly in terms of licensing unlike other Oracle products.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

IBM Planning Analytics

IBM Planning Analytics 10.0
Based on 1 answer
This is a planning developer's dream. You feel like you're given a blank canvas with all the right tools to make it an artwork. It is the future of business application development.
David Chen | TrustRadius Reviewer

Oracle EPM Cloud

Oracle EPM Cloud 9.0
Based on 3 answers
We have a pretty good userbase who are at the high level who gained value from this tool. Discontinuing this tool is prone to impact their day to day operations. Also the data in this tool cannot alter the source, which maintains the integrity of this tool. Smartview is a cool addition that gained lot of traction as well.
Anonymous | TrustRadius Reviewer

Usability

IBM Planning Analytics

IBM Planning Analytics 9.0
Based on 1 answer
The application is easy to install and to develop with. Your super users have the ability to manage the data and the user logins without IT help.
Anonymous | TrustRadius Reviewer

Oracle EPM Cloud

Oracle EPM Cloud 8.0
Based on 1 answer
EPM usability is good in some modules but needs some improvement in others
Aissam Drai | TrustRadius Reviewer

Reliability and Availability

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Oracle EPM Cloud

Oracle EPM Cloud 10.0
Based on 1 answer
EPM has been so far available all the time
Aissam Drai | TrustRadius Reviewer

Performance

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Oracle EPM Cloud

Oracle EPM Cloud 9.0
Based on 1 answer
The product performance is so far very good
Aissam Drai | TrustRadius Reviewer

Support

IBM Planning Analytics

IBM Planning Analytics 7.5
Based on 15 answers
Support is good and you find many IBM Tech Documents and best-practices from the IBM Support Website. In our country we're missing local IBM Support and that means we have to be connected to foreign IBM Support with different time zones. However, the support works great and Support's response time is fast.
Anonymous | TrustRadius Reviewer

Oracle EPM Cloud

Oracle EPM Cloud 7.0
Based on 3 answers
Support from our implementation partner is a 10/10, but support from Oracle is awful. Case in point: recently over a 2-day period, there were a series of intermittent outages. Oracle actually asked US for the outage time-stamps. I would have thought that, since we were paying them, they should probably be able to tell us!
Greg Grey | TrustRadius Reviewer

Implementation

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Oracle EPM Cloud

Oracle EPM Cloud 7.9
Based on 16 answers
I suggest doubling the time to implement from the initial quote you get from the Sales team. That's always been the case for me for multiple EPMs now. The out-of-the-box functionality of Oracle Planning and Budgeting Cloud is pretty robust so I appreciate that and it really helped us get the ball rolling quickly.
Anonymous | TrustRadius Reviewer

Alternatives Considered

IBM Planning Analytics

I have not used any other products deeply. The only products I have only done a quick test where AnaPlan and Jedox, but not deeply enough to have a full comparison and give further detail on this matter. Also I have used Excel spreadsheets as a user and as a developer but TM1 is superior in any sense.
Anonymous | TrustRadius Reviewer

Oracle EPM Cloud

We used to use Prophix before we switched over to Oracle EPM Cloud. In general, Oracle EPM Cloud and Prophix have similar feature offerings, but Oracle EPM takes advantage of the current major leading technologies. We chose EPM Cloud since we needed to access the Cloud through a web-based client. However, I would say that Prophix out performs Oracle EPM Cloud in terms of it's customer support service and abundance of integrations
Anonymous | TrustRadius Reviewer

Scalability

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Oracle EPM Cloud

Oracle EPM Cloud 8.0
Based on 1 answer
The product is scalable
Aissam Drai | TrustRadius Reviewer

Return on Investment

IBM Planning Analytics

  • Increased employee efficiency. Employees have more time to analyze the results because little time is spent gathering or compiling data
  • More accurate forecasts and predictions based on the data due to it's efficiency
  • Better planning for future years based on accurate historical data
Anonymous | TrustRadius Reviewer

Oracle EPM Cloud

  • Our users currently finds the product cumbersome to use and don't like the UI & webforms
  • eliminated the need to manual consolidate excel templates, thereby reducing risk.
  • Smartview allows FPA team to pull data out of the system very easily & perform their own analyses
Anonymous | TrustRadius Reviewer

Screenshots

Pricing Details

IBM Planning Analytics

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Oracle EPM Cloud

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

IBM Planning Analytics
8.2
Oracle EPM Cloud
8.2

Likelihood to Renew

IBM Planning Analytics
10.0
Oracle EPM Cloud
9.0

Usability

IBM Planning Analytics
9.0
Oracle EPM Cloud
8.0

Reliability and Availability

IBM Planning Analytics
Oracle EPM Cloud
10.0

Performance

IBM Planning Analytics
Oracle EPM Cloud
9.0

Support

IBM Planning Analytics
7.5
Oracle EPM Cloud
7.0

Implementation

IBM Planning Analytics
Oracle EPM Cloud
7.9

Scalability

IBM Planning Analytics
Oracle EPM Cloud
8.0

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