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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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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

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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.

9.6
Avg 7.8

Ad-hoc Reporting

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

9.6
Avg 8.2

Report Output and Scheduling

Ability to schedule and manager report output.

9.3
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.

9.1
Avg 7.6

Access Control and Security

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

9.5
Avg 8.7

Mobile Capabilities

Support for mobile devices like smartphones and tablets.

7.4
Avg 7.8

Budgeting, Planning, and Forecasting

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

9.7
Avg 8.3

Consolidation and Close

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

9.6
Avg 8.0

Financial Reporting and Compliance

Financial statements and regulatory filings

9.2
Avg 8.2

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

9.4
Avg 8.0

Integration

Ability to integrate with external applications.

9.7
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 9.8.

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

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Reviews From Top Reviewers

(1-5 of 99)

Trusted data analytics and business planning tool

Rating: 10 out of 10
August 27, 2024
FB
Vetted Review
Verified User
IBM Planning Analytics
1 year of experience
The support team has provided the most crucial data that enables each team to integrate and reap maximum business support potentials. I was priviledged to get best training both online and offline and the team leading this exercise was ever patient and kind when I raised any form of question.

IBM Planning Analytics review

Rating: 9 out of 10
October 05, 2024
PH
Vetted Review
Verified User
IBM Planning Analytics
4 years of experience
I have contacted the suport team on a number of occasions and the support has been provided quickly and satisfactorily
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