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IBM Planning Analytics

IBM Planning Analytics


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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Popular Features

View all 49 features
  • Financial budgeting (92)
  • Forecasting (92)
  • Scenario modeling (91)
  • Management reporting (91)

Reviewer Pros & Cons

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per month 5 users



per month 10 users

Entry-level set up fee?

  • Setup fee optional
For the latest information on pricing, visit…


  • 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

Sales and Operations Planning with IBM Planning Analytics

Demand Planning with IBM Planning Analytics

Integrated Financials with IBM Planning Analytics
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BI Standard Reporting

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

Avg 7.9

Ad-hoc Reporting

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

Avg 8.2

Report Output and Scheduling

Ability to schedule and manager report output.

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.

Avg 7.5

Access Control and Security

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

Avg 8.6

Mobile Capabilities

Support for mobile devices like smartphones and tablets.

Avg 7.7

Budgeting, Planning, and Forecasting

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

Avg 8.3

Consolidation and Close

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

Avg 7.9

Financial Reporting and Compliance

Financial statements and regulatory filings

Avg 8.2

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

Avg 8.0


Ability to integrate with external applications.

Avg 8.2
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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 9.4.

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


Attribute Ratings


(1-25 of 98)
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Frances Berger | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
  • Flexible product that can easily be customized to various business needs
  • Integration with Excel - the foundation of most Finance organizations
  • Good dashboarding interface in Planning Analytics Workspace
  • Quick response time for complex calculations
  • Simplification of rule writing interface
Score 9 out of 10
Vetted Review
Verified User
  • Automation of manual planning, budgeting and forecasting.
  • The visualization and dashboards are customizable and valuable.
  • Integration with excel
  • In the construction field we are on site most of the time and we need to have a native mobile app. IBM Planning analytics has no mobile app.
Alexander Schnell, MTA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
  • Forecasting
  • Reporting
  • Uses Artificial Intelligence
  • Planning Analytics does not have a native mobile app. This can be a limitation for users who need to access their plans on the go.
  • An easier way to share and collaborate on plans with other users, both within and outside of the organization.
  • The Planning Analytics user interface can be complex and difficult to learn, especially for new users. It would be helpful to have a more modern and streamlined interface, with more intuitive navigation and controls.
JOSE REFUGIO VELASCO | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
  • Integration of data form different sources
  • Data consolidation and visualization
  • Elaboration of dashboards
  • Easy to learn environment
  • the most aesthetic report design and create more flexible models
  • correlate data more simply like other programs
Rajeev Bagra | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
  • Forecasting after taking into account seasonal trends and exceptional transactions
  • Unlike spreadsheets, there is no fear of an user making changes to the mastercopy accidentally. Each user gets his or her own workspace to analyze.
  • For entities operating in multiple countries, connects seamlessly with IBM Cognos Controller for taking into account variation in currencies
  • They might consider merging Cognos Analytics, Planning Analytics, Cognos Controller into single subscription. The same will reduce confusion.
  • There is initially a steep learning curve despite no coding knowledge needed. Try to make the learning process easier.
Score 10 out of 10
Vetted Review
  • 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.
  • Developer User Interface.
  • Tools to monitor, maintain and run applications.
Score 10 out of 10
Vetted Review
Verified User
  • Consolidation of data into a single source of truth and record keeping
  • Easily show variance analysis across actuals to multiple different what-if scenarios
  • Give the ability to slice-and-dice data in ways that weren't easily accessible before, pivot-table on steroids in simple terms
  • IBM Planning Analytics was an upgrade from an older version of TM1 that is experiencing some growing pains, some functionality is harder to reach than it has been in the past
  • It is easy to learn as a surface user with created reports, but it does require some technical skills to make advanced calculations and reports if there is no reliable consultant available, much like Excel
Score 10 out of 10
Vetted Review
Verified User
  • Loads large volumes of data very quickly from external sources
  • Scales to support very detailed models - e.g. SKU level products or many years of history
  • Has very powerful and feature-rich Excel integration
  • Powerful calculation engine that can be used for complex allocations (for example)
  • It's very flexible, so it is possible to use it incorrectly
  • Even though PA can be owned by the business, it requires a little investment to learn
  • The new Workspace-based modeling UI does not (yet) have all the features needed
Aria Smith | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
  • Robust NLP and cognitive processing capabilities
  • It is capable of processing a high volume of information without affecting performance
  • It is scalable and robust thanks to its artificial intelligence functions allowing good analysis, planning, forecasting, decision making, and reports
  • By evaluating the capabilities of IBM Planning Analytics, we have determined that it is an ideal software for all industries with a wide variety of tools such as cognitive processing and NLP functions
  • Implementation is complex in almost every stage, from start to finish
  • The technical support is not the most attentive, and the solutions they offer us to improve the implementation are not the fastest
  • The usability of IBM Planning Analytics is not the best; we must have experience to be able to run the functions without help
January 30, 2023

Making panning simpler.

Siddhant Tiwari | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
  • Quickly and easily gathers data from various sources, including ERP systems and external market data.
  • Accurately forecast future financial performance up to an extent.
  • The ability to integrate data from multiple sources allows us to gain a more comprehensive understanding of our financial performance, which helps us to identify areas for improvement.
  • Data visualization capabilities could be more intuitive and user friendly.
  • Data integration can be improved as the process can be time consuming and complex.
  • More customizable forecasting and predictive analytics tools, which would allow us to better tailor the product to our specific needs.
Shivam Sharma | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
  • It enables multidimensional of large and historical data sets.
  • It has a good design that offers wide range of garphics such as images, chart and shapes.
  • It helps to build models that integrates any business driver into plan and budget.
  • Automation is good but can be further improved.
  • it should integrate multiple products so the ease of use can be improved.
  • There is some area of improvement in AI intelligence to provide more accurate suggestions.
Clean Gontijo | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
  • Elaboration of several scenarios and the option to adopt them when validated.
  • High-speed data processing.
  • Flexibility to apply business rules.
  • Information search engine for cube data.
  • Mechanism for promoting artifacts from non-productive environments to the productive environment.
  • Documentation generator.
Diego Santos | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
  • Simulate various scenarios
  • Work with a enormous amount of data
  • great interface for users and API conections
  • In some cases, such as security applications, I prefer to use Architect. I think that PA Workspace still have some room to enable security for users.
November 29, 2022

It's PAWtastic!

Score 10 out of 10
Vetted Review
Verified User
  • Auto-complete (CTRL+spacebar) functionality in Rules and Process writing
  • Workbench is a MUCH improved user interface than Architect
  • Increased options for creating useful Visualizations on-the-fly
  • Bring back Architect's ability for SYSTEM-recommended "Reorder Dimension" cube optimization
  • Empower Admins to "turn off/hide" Applications & Plans tile from appearing on the home page and within the pop-out menu bar if the organization doesn't want to use it
  • Ability to make an dashboard object's borders thicker (currently only have very thin border options that you can barely see)
  • Lots of improvement needed for the Applications and Plan section to be "useful"
  • Lots of confusion around the 2 save buttons. Users unclear on which one is for book and view. Add wording for clarification. For example, on the left save button add words "Save BOOK" -- "Save BOOK As" and "Save BOOK as template" --- then on right save button do the same adding "Save VIEW to server"
  • Ability for Admins to hide the Forecasting and Sandboxing buttons or disable the functionality
November 29, 2022

Best in class analytics

Score 10 out of 10
Vetted Review
Verified User
  • Financial Reporting
  • Scenario Planning
  • Dashboarding
  • Data integration
  • Improved error messages in log file
  • Automatically create feeders for rules
  • Better server monitoring and alerts
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