IBM Planning Analytics vs. Pigment

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
Pigment
Score 9.0 out of 10
N/A
Pigment is an enterprise-grade business planning platform that provides users with a 360° view of the business, updates its financial models in real-time, and allows users to run what-if scenarios at the click of a button. Pigment aims to enable FP&A and revenue teams to improve cross-functional collaboration, increase internal efficiency, and align financial and operational plans, all while scaling reporting and data management.N/A
Pricing
IBM Planning AnalyticsPigment
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 AnalyticsPigment
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalOptional
Additional Details
More Pricing Information
Community Pulse
IBM Planning AnalyticsPigment
Considered Both Products
IBM Planning Analytics

No answer on this topic

Pigment
Chose Pigment
Unlike other tools, Pigment provides seamless data integration and imports from other tools. Importantly integrations are most useful for us, and it has integrations with most of the tools we use.
Features
IBM Planning AnalyticsPigment
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
IBM Planning Analytics
7.5
107 Ratings
0% below category average
Pigment
8.1
5 Ratings
8% above category average
Pixel Perfect reports7.494 Ratings8.25 Ratings
Customizable dashboards7.4107 Ratings9.34 Ratings
Report Formatting Templates7.8101 Ratings6.95 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
IBM Planning Analytics
7.6
113 Ratings
3% below category average
Pigment
7.6
6 Ratings
3% below category average
Drill-down analysis7.9110 Ratings7.96 Ratings
Formatting capabilities7.4111 Ratings8.06 Ratings
Integration with R or other statistical packages7.485 Ratings6.84 Ratings
Report sharing and collaboration7.8109 Ratings7.86 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
IBM Planning Analytics
8.0
107 Ratings
0% below category average
Pigment
7.9
6 Ratings
2% below category average
Publish to Web7.9101 Ratings8.15 Ratings
Publish to PDF7.9100 Ratings7.46 Ratings
Report Versioning8.398 Ratings8.25 Ratings
Report Delivery Scheduling7.991 Ratings8.05 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
IBM Planning Analytics
7.3
108 Ratings
1% below category average
Pigment
7.5
5 Ratings
1% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)7.8108 Ratings7.85 Ratings
Location Analytics / Geographic Visualization6.9101 Ratings7.05 Ratings
Predictive Analytics7.898 Ratings7.85 Ratings
Pattern Recognition and Data Mining6.831 Ratings7.25 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
IBM Planning Analytics
7.9
113 Ratings
7% below category average
Pigment
7.9
5 Ratings
7% below category average
Multi-User Support (named login)7.9111 Ratings7.85 Ratings
Role-Based Security Model7.5112 Ratings8.25 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.0113 Ratings7.75 Ratings
Report-Level Access Control7.540 Ratings7.95 Ratings
Single Sign-On (SSO)8.4105 Ratings8.05 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
IBM Planning Analytics
7.1
99 Ratings
5% below category average
Pigment
7.3
5 Ratings
3% below category average
Responsive Design for Web Access7.596 Ratings7.35 Ratings
Mobile Application6.761 Ratings6.85 Ratings
Dashboard / Report / Visualization Interactivity on Mobile6.071 Ratings7.75 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
IBM Planning Analytics
8.7
122 Ratings
6% above category average
Pigment
8.1
7 Ratings
1% below category average
Long-term financial planning8.3118 Ratings8.27 Ratings
Financial budgeting8.6121 Ratings7.97 Ratings
Forecasting9.2121 Ratings8.27 Ratings
Scenario modeling8.9120 Ratings8.17 Ratings
Management reporting8.3121 Ratings8.07 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
IBM Planning Analytics
8.4
113 Ratings
8% above category average
Pigment
6.9
6 Ratings
12% below category average
Financial data consolidation9.2109 Ratings6.95 Ratings
Journal entries and reports9.2101 Ratings6.25 Ratings
Multi-currency management8.2102 Ratings7.04 Ratings
Intercompany Eliminations8.2100 Ratings7.03 Ratings
Minority Ownership8.893 Ratings6.25 Ratings
Local and consolidated reporting7.3105 Ratings7.15 Ratings
Detailed Audit Trails7.9107 Ratings7.75 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
IBM Planning Analytics
8.4
114 Ratings
7% above category average
Pigment
7.6
6 Ratings
3% below category average
Financial Statement Reporting8.0110 Ratings7.95 Ratings
Management Reporting8.6111 Ratings8.06 Ratings
Excel-based Reporting9.3113 Ratings6.55 Ratings
Automated board and financial reporting9.2103 Ratings8.16 Ratings
XBRL support for regulatory filing6.975 Ratings7.33 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
IBM Planning Analytics
8.3
116 Ratings
2% above category average
Pigment
8.3
7 Ratings
2% above category average
Personalized dashboards8.9115 Ratings8.97 Ratings
Color-coded scorecards7.9110 Ratings7.96 Ratings
KPIs8.2113 Ratings8.36 Ratings
Cost and profitability analysis8.0111 Ratings8.36 Ratings
Key Performance Indicator setting8.3111 Ratings8.66 Ratings
Benchmarking with external data8.382 Ratings7.65 Ratings
Integration
Comparison of Integration features of Product A and Product B
IBM Planning Analytics
8.7
114 Ratings
6% above category average
Pigment
7.8
6 Ratings
5% below category average
Flat file integration8.4111 Ratings7.85 Ratings
Excel data integration8.9112 Ratings7.86 Ratings
Direct links to 3rd-party data sources8.8103 Ratings7.76 Ratings
Best Alternatives
IBM Planning AnalyticsPigment
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
Centage
Centage
Score 9.4 out of 10
Centage
Centage
Score 9.4 out of 10
Enterprises
OneStream
OneStream
Score 8.8 out of 10
OneStream
OneStream
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IBM Planning AnalyticsPigment
Likelihood to Recommend
8.0
(121 ratings)
7.9
(7 ratings)
Likelihood to Renew
9.1
(5 ratings)
-
(0 ratings)
Usability
7.8
(69 ratings)
7.7
(5 ratings)
Support Rating
7.4
(93 ratings)
-
(0 ratings)
Product Scalability
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
IBM Planning AnalyticsPigment
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.
Read full review
Pigment
Planning, financials, and even sales tracking are greatly helpful for project planning. This makes product planning easy; you can simply see what the industry is demanding and what should be produced more in coming quarters. If you have really huge data, then this sometimes crashes.
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.
Read full review
Pigment
  • Helping organizations assess the impacts of various business decisions effectively​
  • Seamlessly integrates with multiple data sources
  • Collaboration with other teams and teammates
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
Read full review
Pigment
  • Its not that stable, need some improvements in stability of the product. Gets crashed sometimes
  • There is learning curv for script as pigment have its own logic things
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
Pigment
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.
Read full review
Pigment
Overall most of Pigment is self-service and meant to be used by the business users. It usually doesn't require reaching out to a technical or IT resource to make changes to reports or the models we have setup.
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.
Read full review
Pigment
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.
Read full review
Pigment
Pigment has a lot of the same self-service capabilities but offers a more robust infrastructure to plan and report on more than just the financial data. It allows for more extended planning and the reporting and dashboard capabilities are very strong.
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
Read full review
Pigment
  • Capacity to anticipate better (forecasting accuracy improved)
  • Single source of truth for internal and external financial KPIs
  • Agility to compare scenarios and making decisions based on that
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