Cognos TM1 Review
April 13, 2020

Cognos TM1 Review

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with IBM Planning Analytics

IBM Cognos Analytics updates our Cognos platform. This means that it offers us all the advantages of previous versions and meets current requirements, such as visualization, immediacy, volumetry, and mobility, without compromising security and centralized management of our data.
  • Cognos Analytics offers us integrated intelligence that helps us create and customize reports and dashboards in minutes.
  • It has smart search capabilities to interpret keyword intent and make recommendations that speed up analysis.
  • We have the mobile expertise to find answers for management with a fully web-based, on-premises or cloud-based solution.
  • It has a simple data modeling, so that users can easily combine different types of data and analyze them with a single click.
  • It has powerful and useful visualizations.
  • Data discovery solutions with infrequent updates.
  • Collecting data and maintaining spreadsheets consume most of our workers' time.
  • The payback time of the investment is an aspect that I don't know.
Perfect software for business planning, budgeting and forecasting, reporting, scorecarding and on-demand analysis.

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

Built for business, IBM Cognos Analytics is designed for the business user, offering a simple interface and a powerful set of intuitive tools that provide us with immediate answers without requiring IT collaboration.

IBM Planning Analytics Feature Ratings

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