IBM Review
April 21, 2020

IBM Review

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

Overall Satisfaction with IBM Planning Analytics

Allows us:
1.Connection of data and users to a single scalable system in Excel.
2.Smaller and more specific data modules that we can combine.
3. We create the budget collaboratively, adding contributors from all over the company, controlling its implementation through different work-flows.
4. We perform “What-If” analysis to know what possible results would be obtained if we modify analysis variables.

Pros

  • IBM Planning Analytics is ready to deliver a unique experience that works equally well on web or mobile devices, allowing us to quickly find, analyze, create, and share information.
  • It enables our users to work from anywhere for its extensive cloud services.
  • It offers us the possibility of obtaining advanced analytics in self-service.
  • We can identify weaknesses and strengths as well as development opportunities and act quickly and confidently.
  • It is an intuitive and easy to use tool, users can create and customize dashboards and reports.

Cons

  • Complex installation and performance problems for some users.
  • Both the solution and the data are under the responsibility of the publisher, the security of our data depends on IBM.
  • It presents an average deviation of 6.3%, an attachment rate to defined processes of 98.1% and an ROI of 3.5 to 1, at 4 years.
It is a platform that gives the entire organization the ability to query any data, regardless of the device and environment used. It includes a high-performance analytical processing infrastructure at scale, tools to prepare, find, visualize, and relate data, analytical indicators (KPIs), and an organized public data set designed for analysis, among other things.

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?

I wasn't involved with the selection/purchase process

Did implementation of IBM Planning Analytics go as expected?

Yes

Would you buy IBM Planning Analytics again?

Yes

IBM Analytics has many possibilities for companies, it has:
1. An easy to use interactive board.
2. Audit tool that integrates with the desktop.
3. Documentary management and collaborative work.
4. Analyzes the existing data in companies and organizations that greatly facilitates the understanding of business and markets, being a great help for making the right business decisions. In order to carry out this analysis, it is necessary to use these precise tools to establish business intelligence processes.

IBM Planning Analytics Feature Ratings

9.0
Long-term financial planning
8
Financial budgeting
9
Forecasting
9
Scenario modeling
10
Management reporting
9
8.6
Financial data consolidation
9
Journal entries and reports
8
Multi-currency management
8
Intercompany Eliminations
9
Minority Ownership
9
Local and consolidated reporting
8
Detailed Audit Trails
9
8.6
Financial Statement Reporting
9
Management Reporting
8
Excel-based Reporting
8
Automated board and financial reporting
9
XBRL support for regulatory filing
9
8.7
Personalized dashboards
10
Color-coded scorecards
8
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
9
Benchmarking with external data
9
8.3
Flat file integration
8
Excel data integration
9
Direct links to 3rd-party data sources
8
8.7
Pixel Perfect reports
8
Customizable dashboards
9
Report Formatting Templates
9
8.5
Drill-down analysis
8
Formatting capabilities
8
Integration with R or other statistical packages
9
Report sharing and collaboration
9
8.5
Publish to Web
8
Publish to PDF
8
Report Versioning
9
Report Delivery Scheduling
9
8.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
7
Location Analytics / Geographic Visualization
9
Predictive Analytics
10
8.0
Multi-User Support (named login)
9
Role-Based Security Model
8
Multiple Access Permission Levels (Create, Read, Delete)
8
Single Sign-On (SSO)
7
8.7
Responsive Design for Web Access
9
Mobile Application
8
Dashboard / Report / Visualization Interactivity on Mobile
9

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