IBM Planning Analytics Reviews and Ratings

Use Cases and Deployment Scope

We use IBM Planning Analytics for creating clear budget for our organisation so that we can reach our future goals without much casualities. The software also help us in doing financial forecasts for our business and also it gives a platform to collaborate with different departments by taking their inputs in our upcoming projects so that best utilisation of resources can happen.

Likelihood to Recommend

IBM Planning Analytics is definitely made for understanding our business better and give it the best possible resources and for doing detailed discussions regarding the challenges of all departments of our business like sales, operations, finances etc and it helps in making appropriate decisions so that the growth of business can happen properly and this is only done with the help of IBM Planning Analytics.

Use Cases and Deployment Scope

We use it mainly for forecasting and creating financial reports. It saves a lot of time and also removes human error. While doing it manually, we have observed many times there is data inconsistency but after using the tool, it has improved accuracy and reduced human efforts. Also, due to its forecasting , it helps us in better decision making.

Likelihood to Recommend

It is very useful in the scenarios where we have multiple stakeholders, and they need to access to see all the forecasting and financial planning. Also for bigger teams, where there is a chance in data inconsistency, IBM Planning Analytics can be useful. But in the case where teams are small, such a setup is not required and can be easily managed manually.

Use Cases and Deployment Scope

We are using IBM Planning Analytics today to build out our short term and long term forecasts and manage our Sales, Inventory, Operations and Planning process. IBM Planning Analytics supplements our normal forecasting with enhanced modeling and more predictive/proactive estimates on stockouts as well as optimization for inventory placement to avoid suboptimal storage costs and less than ideal inventory turns and carrying costs.

Likelihood to Recommend

It is great for businesses looking to develop a strong base for their forecasting and planning capabilities that allows for rapid remodeling of forecasts and ideal for brands looking for some additional input or oversight from AI that can generate new models or different scenarios for scenario planning.

Use Cases and Deployment Scope

The interface is good, it speeds my work. I also like the supply-chain integration. We are using for several project tracking. My company is migrating many tools, software and the budget resource, time invested, tools and support cost, training, etc all is tracked and planned through this. It provide higher management clear view of the progress made in turned of achievement v/s money invested so far.

Likelihood to Recommend

IBM Planning Analytics is a real-time, accurate financial and operational analysis, scalability to handle large datasets and enterprise-wide growth, flexibility and ease of use through familiar interfaces like Excel and a web-based workspace which is makes life easy for project manager and VPs.

It make decision making simpler. It also offers comprehensive data integration from various sources.

Use Cases and Deployment Scope

We use IBM Planning Analytics for our budget planning ,budget forecasting real time analysis and reporting of data across organization.

The Pax Excel add in helps us to directly interact with the data in the excel without the need of switching different tools.

We also use the TM1 for resources allocation planning and asset management to align with our IT spending and future forecasts.

Likelihood to Recommend

IBM Planning Analytics is well suited for an IT organization during Budget planning exercise as the tool can easily forecast the data which helps in budget planning easy, The planning efficiency is vey quick and real time data processing can be done. The support add-in for Excel is a game gamechanger because we can seamlessly integrate all of the data in excel and use the TM1 Add in functionality.

Use Cases and Deployment Scope

IBM Planning Analytics is completely a AI based tool for our business which works like an advance Excel software mainly focuses on business plannings and future forecasting. This software also help us in doing budget planning for future investments. IBM Planning Analytics takes lot of data inputs from different departments of our business and help them in taking will inform decisions.

Likelihood to Recommend

As we have different types of branches and franchise all over the country so we need to collect all the data from them and plan accordingly. We need to assign different type of projects to different branches and allocate funds to them with a proper budgeting and all of these financial management is only possible due to IBM Planning Analytics.

Use Cases and Deployment Scope

Planning is an integral part of manufacturing business. Planning derives other processes like buying raw material, production acitivities, finishing processes and budgeting. With help of proper planning tool, the activies can be planned and cost involved can be predicted near to accuracy. The tool also helps to analyse the data and represent the information in form of dashboard.

Likelihood to Recommend

The enterprises where planning demands state of art expertise since it directly leads to make-up costing of the product.

Profitability can also be planned as per business margins.

The businesses where the business runs mainly as-in service industry which involves delivery by human professionals may not need the planning tools that dearly.

Use Cases and Deployment Scope

We use it to build dimensions for our product SKUs, locations within our warehouse, customer, shipping lanes etc. We can track inventory turns, cost by SKUs and inbound vs outbound costs. It helps to feed data into our ERP, as shock levels change and shipments go out. We can also create scenarios to hand 3PL fluctuations in demand and shipping volumes.

Likelihood to Recommend

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.

Use Cases and Deployment Scope

I have used IBM Planning Analytics in my organization to help organize data sets. Trying to plan future events, this allows my organization to have a greater understanding on what it is likely to occur. The scope is not very large, roughly 30-50 people working together. People from three continents and 7 time zones.

Likelihood to Recommend

One specific scenario based on my own personal experience where IBM Planning Analytics is well suited is when our company needed to present expectations for the upcoming quarterly and year. I feel as though some company's prefer to use their own system compared to listening to a third party organization word on important topics.

Use Cases and Deployment Scope

IBM Planning Analytics serves all aspects around Planning, Forecasting and Analysis as well. We use it to collect data from various sources, including input from ERP systems and manually captured by our users. Then, the data got harmonized and aggregated to be visualized in dashboards first. As a second step we use IBM Planning Analytics to forecast future numbers and to break this down on units.

Likelihood to Recommend

it is really made for planning, analysis and forecasting. It is no good as a Data Warehouse or taking unstructured data (and not made for)