Know the impact of your decisions
July 01, 2020

Know the impact of your decisions

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

Overall Satisfaction with IBM Planning Analytics

As a Smart Solutions Consultant, one of the tools I highly recommend for efficient and custom planning and automation of workflows is IBM Planning Analytics. It is mainly used by the team of Consultants together with the financial staff. It allows us to improve planning and forecasting and most importantly, to do it automatically. For example, one of our projects with a medium-sized City Council was managed with this tool since the client was not clear about the final scenario and, therefore, its requirements. Thanks to this tool we have been able to simulate different scenarios.
  • Automate planning thanks to AI. Give recommendations based on the data provided.
  • Generate smarter, more tailored workflows since it has all the information in a single tool, without exports.
  • Prepare budgets according to the workflow based on certain hypotheses, for example, when we want to calculate the path of least cost.
  • Complex use without adequate knowledge thanks to automatic recommendations.
  • There is no documentation in Spanish although the documentation in English is complete.
  • Perhaps it has too many versions: Express, Digital Pack, for companies.
  • Effortless and more accurate budgets thanks to their artificial intelligence recommendations
  • Greater control of workflows based on scenarios and hypothetical tests, before they occur
  • Artificial Intelligence aid for automation allows less financial personnel
We have usually been using workflow planning and budgets in Excel Sheets and doing it manually through the collaboration of financial personnel and Smart Cities Consultant. Now, thanks to the IBM Plannin Analytics tool, we can obtain a theoretical and automated planning, so we only have to review it and adjust to the simulated hypothetical plan that best suits the reality that we expect in that business or based on the requirements obtained from our conversations with public clients.
We have not yet had the opportunity to use IBM technical support, as its documentation is fairly adequate and correct. In any case, we blindly rely on the experience of a company like IBM to get quality, prompt technical service when needed.

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 Planning Analytics adapts well to changing scenarios with multiple workflows where rough real-time planning is required. The use of the Microsoft Excel interface provides greater ease of use. It has quite useful graphs and integrated Dashboards and allows multiple tests or hypotheses to be made to make the right decision.

IBM Planning Analytics Feature Ratings

Long-term financial planning
7
Financial budgeting
8
Forecasting
7
Scenario modeling
8
Management reporting
7
Financial data consolidation
8
Journal entries and reports
9
Local and consolidated reporting
8
Detailed Audit Trails
8
Financial Statement Reporting
7
Management Reporting
8
Excel-based Reporting
10
Automated board and financial reporting
8
XBRL support for regulatory filing
7
Personalized dashboards
9
Color-coded scorecards
8
KPIs
9
Cost and profitability analysis
7
Key Performance Indicator setting
8
Benchmarking with external data
7
Flat file integration
8
Excel data integration
9
Pixel Perfect reports
8
Customizable dashboards
9
Report Formatting Templates
8
Drill-down analysis
9
Formatting capabilities
8
Publish to Web
8
Publish to PDF
8
Report Versioning
9
Report Delivery Scheduling
8
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Location Analytics / Geographic Visualization
8
Predictive Analytics
7
Multi-User Support (named login)
9
Role-Based Security Model
8
Multiple Access Permission Levels (Create, Read, Delete)
8