IBM TM1 Review
April 16, 2020

IBM TM1 Review

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

Overall Satisfaction with IBM Planning Analytics

We use Cognos Analytics to create data modules. We simply have to enter the terms we want to express.
The modeling proposes the inclusion of tables in the data module, based on coincidences between the terms it provides and the information on the sources of our data. An interactive diagram of table relationships within a data module helps users understand how our data connects. The diagram is a great visual aid for our department, performing actions on the tables that are directly linked to our diagram.
  • IBM Planning Analytics automates our planning, budgeting, and forecasting processes.
  • It provides self-service analytics for our users and facilitates flexible, multi-dimensional data modeling.
  • Empower users with the speed, agility, and foresight they need to deliver better business results.
  • The limitations of complex use of multiple Microsoft Excel spreadsheets are removed, and a centralized performance management solution is created, in an intuitive, agile, flexible and easy-to-use interface.
  • It is integrated into all aspects of strategic planning.
  • Creating and analyzing plans, budgets, and forecasts take a long time to execute, including those based on large data sets.
  • Difficulty doing “what if” analysis and preparing reports with Microsoft Excel sheets directly on the web.
  • Return of medium-term positive ROI (4 to 5 years).
IBM Cognos TM1 allows us to find, analyze and share information quickly and at any time, customizing analytics according to the information demands of our users.

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 Cognos Analytics is designed to offer intuitive analytics, which allows users to monitor their databases.
This software is based on roles that support multiple users and user types, with advanced predefined selection options so that users can only see the parts of the plan they need. Perfect for performing “what if” analysis of alternative forecasts immediately reflected in charts, reports, and dashboards.

IBM Planning Analytics Feature Ratings

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