IBM Planning Analytics: our platform of choice
January 15, 2020

IBM Planning Analytics: our platform of choice

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Reseller

Overall Satisfaction with IBM Planning Analytics

Used and loved by our clients: we are an enterprise performance management expert and have been consulting, implementing and supporting IBM Planning Analytics for some time now. Our clients use it for various use-cases like, basic planning, budgeting, allocations, and chargebacks which tend to get pretty complicated for multi-geography, multi-BU conglomerates. Whats is unique is that IBM Planning Analytics is a platform that lays a solid foundation for not just the Office of Finance, but the Enterprise in all. Whether HR, Operations, Sales, Marketing, Manufacturing or Supply Chain, IBM Planning Analytics has use-cases to offer which in turn helps the organization drive integrated planning, where all stakeholders involved, can see clearly into the future and make informed decisions.

Pros

  • Integrated planning
  • Best in class & fastest in-memory technology

Cons

  • Better integration within IBM software stack like Cognos Analytics.
  • Prioritization of key deliverables from product teams & sticking to declared timelines.
  • Overall positive impact
  • Typical ROI between 18-24 months
While every product has its sweet spot; our clients prefer IBM Planning Analytics for:
  1. Scalability: not requiring multiple models to deliver a solution
  2. Nimbleness: fast calculations and added advantages like Sparsity
  3. References: age-old proven technology with over 7000 active user companies
While overall good; things like prioritization of new features take a lot of time or never come. Constant changes in management and product grouping within IBM keeps the development cycles very volatile. Roadmaps issued are never achieved in time.

Do you think IBM Planning Analytics delivers good value for the price?

Yes

Are you happy with IBM Planning Analytics's feature set?

Yes

Did IBM Planning Analytics live up to sales and marketing promises?

No

Did implementation of IBM Planning Analytics go as expected?

Yes

Would you buy IBM Planning Analytics again?

Yes

IBM Cognos Analytics on Cloud, IBM Watson Studio (formerly IBM Data Science Experience)
Best suited for Office of Finance use cases like, basic Planning, budgeting, allocations, and chargebacks which tend to get pretty complicated for multi-geography, multi-BU conglomerates. Best suited for Integrated planning where different departments like HR, Operations, Sales, Marketing, Manufacturing or Supply Chain get together to build business scenario models and/or explore new business opportunities/threats. Not best suited where use-cases are primarily visualization and the client is after "pixel-perfect" reports or dashboards.

IBM Planning Analytics Feature Ratings

8.6
Long-term financial planning
9
Financial budgeting
10
Forecasting
7
Scenario modeling
10
Management reporting
7
7.4
Financial data consolidation
7
Journal entries and reports
6
Multi-currency management
9
Intercompany Eliminations
8
Minority Ownership
5
Local and consolidated reporting
7
Detailed Audit Trails
10
8.4
Financial Statement Reporting
8
Management Reporting
9
Excel-based Reporting
10
Automated board and financial reporting
6
XBRL support for regulatory filing
9
8.2
Personalized dashboards
10
Color-coded scorecards
9
KPIs
7
Cost and profitability analysis
8
Key Performance Indicator setting
8
Benchmarking with external data
7
8.7
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
6
5.3
Pixel Perfect reports
6
Customizable dashboards
5
Report Formatting Templates
5
6.5
Drill-down analysis
7
Formatting capabilities
5
Integration with R or other statistical packages
6
Report sharing and collaboration
8
8.8
Publish to Web
10
Publish to PDF
10
Report Versioning
9
Report Delivery Scheduling
6
5.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Location Analytics / Geographic Visualization
4
Predictive Analytics
4
10.0
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
10
5.7
Responsive Design for Web Access
7
Mobile Application
5
Dashboard / Report / Visualization Interactivity on Mobile
5

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