1. Home
  2. Corporate Performance Management (CPM) Software
  3. IBM Planning Analytics Reviews
  4. User Review of IBM Planning Analytics
IBM Planning Analytics Great Tool
April 13, 2021

IBM Planning Analytics Great Tool

Christopher Thomas | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with IBM Planning Analytics

Currently, IBM Planning Analytics is still in its infancy stages within the organization. It is not heavily used due to a lack of knowledge and training. Planning Analytics is used for basic reporting right now. Training is the biggest problem we are addressing right now. Skillsets that have the analytic mindset need to be hired to support Analytics more efficiently.
  • Budget Planning
  • Retention Forecasting
  • Basic Reporting
  • User Friendly Interface
  • Ease of Use
  • Analytics FAQs Updated more frequently
  • Gained insight on retention
  • Availability of data presented for enrollment
  • Budget model forecasting
Our organization has been able to utilize scenario planning to start looking at different paths or directions that we can take and what the projected outcomes would be based on the data collected and organized into the scenarios. It has also [been] beneficial [in] determining campaigns and marketing strategies. This has been a great tool so far.
IBM Planning Analytics was by far the most robust tool we evaluated among several top competitors. It stood out for its place in the industry to provide detailed, integrated, and aggregate integration for data governance. I was impressed with the approach from the sales team to listen to my requirements and demo how analytics could improve what I was doing and how it would fulfill my requirements.

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?

Yes

Did implementation of IBM Planning Analytics go as expected?

Yes

Would you buy IBM Planning Analytics again?

Yes

Support has been easy to work with, knowledgeable about the product, and always timely in assisting to resolve issues. Whenever I have called in, emailed, or submitted a request online, the Customer Support Team responded fairly quickly and was typically able to resolve my request within a day. If not they would communicate with me each step of the support process.
IBM Planning Analytics's usability for the most part was pretty straightforward, but there were a few areas where it wasn't the easiest tool to navigate. Connecting to backend data sources proved to be a little difficult but with some support from Customer Service, I was able to get past that. The data sets and aligning them with the tool wasn't a clean process either. Overall I gave it a nine because it was fairly easy to use.
This is a great tool, but the user interface could be easier to navigate. I've been using the tool in our test environment to pull data from our backend data tables and this process has been proven to be a pretty easy process. Still building some dashboards to develop a decision-based process based on the data presented.

IBM Planning Analytics Feature Ratings

6.0
Long-term financial planning
7
Financial budgeting
6
Forecasting
7
Scenario modeling
2
Management reporting
8
3.6
Financial data consolidation
5
Journal entries and reports
3
Multi-currency management
Not Rated
Intercompany Eliminations
2
Minority Ownership
Not Rated
Local and consolidated reporting
5
Detailed Audit Trails
3
7.0
Financial Statement Reporting
7
Management Reporting
7
Excel-based Reporting
8
Automated board and financial reporting
7
XBRL support for regulatory filing
6
7.0
Personalized dashboards
7
Color-coded scorecards
8
KPIs
8
Cost and profitability analysis
7
Key Performance Indicator setting
7
Benchmarking with external data
5
7.0
Flat file integration
5
Excel data integration
8
Direct links to 3rd-party data sources
8
5.3
Pixel Perfect reports
5
Customizable dashboards
6
Report Formatting Templates
5
7.0
Drill-down analysis
8
Formatting capabilities
6
Integration with R or other statistical packages
7
Report sharing and collaboration
7
5.0
Publish to Web
2
Publish to PDF
7
Report Versioning
6
Report Delivery Scheduling
5
6.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
7
Location Analytics / Geographic Visualization
6
Predictive Analytics
7
7.3
Multi-User Support (named login)
8
Role-Based Security Model
7
Multiple Access Permission Levels (Create, Read, Delete)
6
Single Sign-On (SSO)
8
4.3
Responsive Design for Web Access
6
Mobile Application
2
Dashboard / Report / Visualization Interactivity on Mobile
5

Integrating IBM Planning Analytics