IBM Planning Analytics Review
March 23, 2020

IBM Planning Analytics Review

Nick Waters | TrustRadius Reviewer
Score 9 out of 10
Vetted Review

Overall Satisfaction with IBM Planning Analytics with Watson

It solves a variety of financial and operational planning, budgeting and forecasting problems across multiple vertical and horizontal industry sectors.
  • What if scenario planning
  • Financial planning
  • Web based planning UI
  • Excel based planning
  • Dash-boarding
  • Ease of onboarding
  • Getting started guide
  • User community
  • Better financial performance
  • Better operational performance
  • What if scenario planning
Better functionality in terms of performance, Excel integration, user volume handling, cloud, and on-premise deployments.

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

IBM support could be better.
Well suited for all different types of financial and operational planning scenarios. In the higher education sector, it provides student number planning and finance planning really well.

IBM Planning Analytics Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
10
Management reporting
8
Financial data consolidation
6
Journal entries and reports
Not Rated
Multi-currency management
8
Intercompany Eliminations
2
Minority Ownership
1
Local and consolidated reporting
Not Rated
Detailed Audit Trails
9
Financial Statement Reporting
6
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
3
XBRL support for regulatory filing
Not Rated
Personalized dashboards
6
Color-coded scorecards
6
KPIs
5
Cost and profitability analysis
7
Key Performance Indicator setting
5
Benchmarking with external data
4
Flat file integration
8
Excel data integration
8
Direct links to 3rd-party data sources
2
Pixel Perfect reports
Not Rated
Customizable dashboards
7
Report Formatting Templates
6
Drill-down analysis
8
Formatting capabilities
6
Integration with R or other statistical packages
1
Report sharing and collaboration
7
Publish to Web
8
Publish to PDF
8
Report Versioning
3
Report Delivery Scheduling
2
Pre-built visualization formats (heatmaps, scatter plots etc.)
5
Location Analytics / Geographic Visualization
1
Predictive Analytics
Not Rated
Multi-User Support (named login)
9
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9
Single Sign-On (SSO)
7
Responsive Design for Web Access
3
Mobile Application
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated