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IBM Planning Analytics

IBM Planning Analytics

Overview

What is IBM Planning Analytics?

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…

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Recent Reviews
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 49 features
  • Financial budgeting (92)
    9.5
    95%
  • Forecasting (92)
    9.5
    95%
  • Scenario modeling (91)
    9.5
    95%
  • Management reporting (91)
    8.8
    88%

Reviewer Pros & Cons

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Pricing

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Essentials

$825

Cloud
per month 5 users

Standard

$1,650

Cloud
per month 10 users

Entry-level set up fee?

  • Setup fee optional
    Optional
For the latest information on pricing, visithttps://www.ibm.com/products/planning…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Starting price (does not include set up fee)

  • $825 per month 5 users
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Product Demos

Headcount and Staffing Planning with IBM Planning Analytics

mediacenter.ibm.com

Sales and Operations Planning with IBM Planning Analytics

mediacenter.ibm.com

Demand Planning with IBM Planning Analytics

mediacenter.ibm.com

Integrated Financials with IBM Planning Analytics

mediacenter.ibm.com
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Features

BI Standard Reporting

Standard reporting means pre-built or canned reports available to users without having to create them.

8.9
Avg 8.1

Ad-hoc Reporting

Ad-Hoc Reports are reports built by the user to meet highly specific requirements.

8.8
Avg 8.3

Report Output and Scheduling

Ability to schedule and manager report output.

8.3
Avg 8.2

Data Discovery and Visualization

Data Discovery and Visualization is the analysis of multiple data sources in a search for patterns and outliers and the ability to represent the data visually.

7.9
Avg 7.7

Access Control and Security

Access control means being able to determine who has access to which data.

9.1
Avg 8.7

Mobile Capabilities

Support for mobile devices like smartphones and tablets.

7.4
Avg 8.0

Budgeting, Planning, and Forecasting

These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning

9.4
Avg 8.3

Consolidation and Close

Consolidation of data from multiple entities with currency management, reporting and audit trails.

8.5
Avg 8.1

Financial Reporting and Compliance

Financial statements and regulatory filings

8.7
Avg 8.3

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

9.1
Avg 8.0

Integration

Ability to integrate with external applications.

8.9
Avg 8.3
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Product Details

What is IBM Planning Analytics?

IBM Planning Analytics is an integrated business planning solution that blends spreadsheet flexibility with database control and governance. It helps users to deliver faster, more accurate plans, forecasts, and budgets that can pivot to address changing market demands for FP&A, Sales, Supply chain, HR, marketing, IT and Sustainability.

It includes:

  • Built-in reporting -> Supports scorecards and metrics including ad-hoc reports and compelling visualizations.
  • User Interfaces -> A web interface, with spreadsheets.

  • Predictive forecasting ->Predictive and AI capabilities for faster, more accurate forecasts

  • Simple integration -> Integrates with an existing tech stack, including spreadsheet-based planning, ERP, CRM and any APIs.

  • Real time insights with TM1 -> Built on TM1 technology to give users faster, flexible analysis with the high-performance at scale

  • Flexible Deployment Options ->On-premise, cloud-based, or as a Service on AWS



IBM Planning Analytics Features

Budgeting, Planning, and Forecasting Features

  • Supported: Long-term financial planning
  • Supported: Financial budgeting
  • Supported: Forecasting
  • Supported: Scenario modeling
  • Supported: Management reporting

Consolidation and Close Features

  • Supported: Financial data consolidation
  • Supported: Journal entries and reports
  • Supported: Multi-currency management
  • Supported: Intercompany Eliminations
  • Supported: Minority Ownership
  • Supported: Local and consolidated reporting
  • Supported: Detailed Audit Trails

Financial Reporting and Compliance Features

  • Supported: Financial Statement Reporting
  • Supported: Management Reporting
  • Supported: Excel-based Reporting
  • Supported: Automated board and financial reporting
  • Supported: XBRL support for regulatory filing

Analytics and Reporting Features

  • Supported: Personalized dashboards
  • Supported: Color-coded scorecards
  • Supported: KPIs
  • Supported: Cost and profitability analysis
  • Supported: Key Performance Indicator setting
  • Supported: Benchmarking with external data

Integration Features

  • Supported: Flat file integration
  • Supported: Excel data integration
  • Supported: Direct links to 3rd-party data sources

BI Standard Reporting Features

  • Supported: Pixel Perfect reports
  • Supported: Customizable dashboards
  • Supported: Report Formatting Templates

Ad-hoc Reporting Features

  • Supported: Drill-down analysis
  • Supported: Formatting capabilities
  • Supported: Predictive modeling
  • Supported: Integration with R or other statistical packages
  • Supported: Report sharing and collaboration

Report Output and Scheduling Features

  • Supported: Publish to Web
  • Supported: Publish to PDF
  • Supported: Report Versioning
  • Supported: Report Delivery Scheduling

Data Discovery and Visualization Features

  • Supported: Pre-built visualization formats (heatmaps, scatter plots etc.)
  • Supported: Location Analytics / Geographic Visualization
  • Supported: Predictive Analytics
  • Supported: Support for Machine Learning models
  • Supported: Pattern Recognition and Data Mining
  • Supported: Integration with R or other statistical packages

Access Control and Security Features

  • Supported: Multi-User Support (named login)
  • Supported: Role-Based Security Model
  • Supported: Multiple Access Permission Levels (Create, Read, Delete)
  • Supported: Report-Level Access Control
  • Supported: Table-Level Access Control (BI-layer)
  • Supported: Field-Level Access Control (BI-layer)
  • Supported: Single Sign-On (SSO)

Mobile Capabilities Features

  • Supported: Responsive Design for Web Access
  • Supported: Mobile Application
  • Supported: Dashboard / Report / Visualization Interactivity on Mobile

Additional Features

  • Supported: AI forecasting

IBM Planning Analytics Screenshots

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

IBM Planning Analytics Videos

IBM Planning Analytics Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWindows, Linux, Mac
Mobile ApplicationApple iOS, Android, Windows Phone, Mobile Web

IBM Planning Analytics Downloadables

Frequently Asked Questions

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 sophisticated, multidimensional models that drive forecasts.

IBM Planning Analytics starts at $825.

Anaplan, SAP Analytics Cloud, and Workday Adaptive Planning are common alternatives for IBM Planning Analytics.

Reviewers rate Multi-User Support (named login) and Role-Based Security Model and Multiple Access Permission Levels (Create, Read, Delete) highest, with a score of 9.6.

The most common users of IBM Planning Analytics are from Enterprises (1,001+ employees).
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Comparisons

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Reviews and Ratings

(237)

Attribute Ratings

Reviews

(1-3 of 3)
Companies can't remove reviews or game the system. Here's why
April 14, 2017

Cognos Express Review

Ravneet Pahwa | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
IBM Cognos Express has been implemented on the business side to resolve short turn around time to get answers to their questions. The drag and drop [features], better performance and ability to build by themselves, helped the business. Self-service reporting helped with getting answers quickly as they require certain capabilities to operate. Real-time calculations became easier. Custom design reports became easy to make using the ad-hoc capabilities. All this helped with making decisions.
  • Self-Service Reporting. Drag and Drop and easy to create visualizations helps to get the answers to business questions easily.
  • Fast Decision Making Ability. Deep dive of the data helps with decision making capabilities.
  • Analytics Engine allows you to create categories of information. Better Performance Management.
  • Cognos Express is limited to 100 users per module
  • IBM Cognos Express does not have mobile capabilities
  • It can not be installed in a distributed environment
IBM Cognos Express is suitable for small business departments where the users are looking for the answers by themselves. It's less appropriate in enterprise level execution as it has a limitation of 100 users.
  • IBM Cognos is the existing enterprise level solution implemented in our organization.
  • IBM Cognos Express roll out is happening in the organization targeting each department at one time.
  • Licensing cost is effective [compared to] other competitors in the market.
Budgeting, Planning, and Forecasting
N/A
N/A
Consolidation and Close
N/A
N/A
Financial Reporting and Compliance
N/A
N/A
Analytics and Reporting
N/A
N/A
Integration
N/A
N/A
BI Standard Reporting (3)
80%
8.0
Pixel Perfect reports
70%
7.0
Customizable dashboards
90%
9.0
Report Formatting Templates
80%
8.0
Ad-hoc Reporting (4)
80%
8.0
Drill-down analysis
90%
9.0
Formatting capabilities
80%
8.0
Integration with R or other statistical packages
70%
7.0
Report sharing and collaboration
80%
8.0
Report Output and Scheduling (4)
87.5%
8.8
Publish to Web
90%
9.0
Publish to PDF
90%
9.0
Report Versioning
90%
9.0
Report Delivery Scheduling
80%
8.0
Data Discovery and Visualization (3)
70%
7.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
70%
7.0
Location Analytics / Geographic Visualization
80%
8.0
Predictive Analytics
60%
6.0
Access Control and Security (3)
83.33333333333334%
8.3
Multi-User Support (named login)
80%
8.0
Role-Based Security Model
90%
9.0
Multiple Access Permission Levels (Create, Read, Delete)
80%
8.0
Mobile Capabilities (3)
80%
8.0
Responsive Design for Web Access
90%
9.0
Mobile Application
70%
7.0
Dashboard / Report / Visualization Interactivity on Mobile
80%
8.0
IBM Cognos Express can connect with range of data sources.
IBM Cognos Express supports the following types of data sources:

DB2
Informix
Microsoft SQL Server (ODBC)
Microsoft SQL Server (OLE DB)
Microsoft SQL Server (SQL 2005 Native Client)
Microsoft SQL Server (SQL 2008 Native Client)
ODBC
Oracle
Sybase Adaptive Server Enterprises (CT-15)
Teradata (ODBC)
IBM Cognos TM1 (including Xcelerator cubes created in the CXMD database instance)
  • Very user-friendly.
  • Easy to format.
  • Advanced security easy to implement.
February 03, 2016

Cognos Express

Barry Morris | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
ResellerIncentivized
We implemented the product in less than six weeks. IBM Cognos Express is used across the organization. The main usage is with the sales and marketing teams. The sales team sees what has been delivered to where and when. Most importantly it sends messages when deliveries are late allowing the marketing team to contact recipients that the delivery may be late. It also assists in managing the sales team to see if they are meeting sales targets and generating new leads. It’s also used for ad hoc reporting.
  • Active reports using Rave technology, allows users to use amazing graphics and analytic's with off line reports
  • Having Wright back, in multidimensional cubes, allowing teams to build complex budget’s
  • Integrated Scorecards, the new scorecard tool is easy to implement manage and display in the Cognos dashboards / Reports
  • Integrated maps - the current map functionality is limited, however there are tools that allow amazing add-ons, however it adds to the basic cost.
Cognos Express is limited to 100 users per module, if you have more then 100 users its recommended that you choose IBM Cognos Enterprise. If you are not planning on using a single server, then it is also recommended to use IBM Cognos Enterprise.

Cognos Express is a full BI solution. The security level is what a business expects. All reports are based on the same infrastructure - a single version of the truth. It can be used totally on line with no download. As your organization grows you simply upgrade to Cognos Enterprise.

Out of 50 IT personnel almost 40 use Cognos. The majority are consumers that use reports for the daily tasks and some analysts that also create new reports when needed. The sales manager is also a main contributor of reports.
Budgeting, Planning, and Forecasting
N/A
N/A
Consolidation and Close
N/A
N/A
Financial Reporting and Compliance
N/A
N/A
Analytics and Reporting
N/A
N/A
Integration
N/A
N/A
BI Standard Reporting (3)
96.66666666666666%
9.7
Pixel Perfect reports
100%
10.0
Customizable dashboards
90%
9.0
Report Formatting Templates
100%
10.0
Ad-hoc Reporting (4)
100%
10.0
Drill-down analysis
100%
10.0
Formatting capabilities
100%
10.0
Integration with R or other statistical packages
100%
10.0
Report sharing and collaboration
100%
10.0
Report Output and Scheduling (4)
100%
10.0
Publish to Web
100%
10.0
Publish to PDF
100%
10.0
Report Versioning
100%
10.0
Report Delivery Scheduling
100%
10.0
Data Discovery and Visualization (2)
85%
8.5
Pre-built visualization formats (heatmaps, scatter plots etc.)
100%
10.0
Location Analytics / Geographic Visualization
70%
7.0
Access Control and Security (3)
100%
10.0
Multi-User Support (named login)
100%
10.0
Role-Based Security Model
100%
10.0
Multiple Access Permission Levels (Create, Read, Delete)
100%
10.0
Mobile Capabilities (3)
93.33333333333334%
9.3
Responsive Design for Web Access
90%
9.0
Mobile Application
100%
10.0
Dashboard / Report / Visualization Interactivity on Mobile
90%
9.0
I have not encountered standard data sources I could not use or find a work around to access.
I do not have much to add, as Cognos submits its self to standard solutions it’s easy to manage the security. Allow team leaders to manage their team's folders. It’s basically up to the administer to decide who can see what and where and if he/ she decides to delegate this power.
December 31, 2014

Perfect

Score 7 out of 10
Vetted Review
Verified User
Incentivized
I used it for government. We used it to make a report of projection. We combine it with some method made by another company that were food at making the projection. The hardest challenge we had was data modelling. The system is too complicated. Then we had to make our own data warehouse so that all data can be stored to Cognos data warehouse.
  • Report designer is easy to use
  • Its compatibility with Excel files make work easier
  • Banking
  • Government
Not that I know yet
Cognos express is like one perfect bundle: a combination of TM1 and business intelligence. The price is also cheaper. That's why I chose IBM Cognos Express.
Departmental
Pretty wide and flexible..
Ease of sharing data across teams.
Need to provide some more templates...
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