IBM Planning and Analytics Review.
January 26, 2021

IBM Planning and Analytics Review.

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

Overall Satisfaction with IBM Planning Analytics

We are using IBM Planning Analytics to create profitability models and analyze data. Even the most complicated plans budgets, forecasts are easily created and analyzed using the robust planning and analysis capabilities that IBM offers. We can easily collaborate on plans, budgets, and forecasts. It is also easy to develop data entry screens for multiple sub-budgets, consolidating their results, and running simply to highly complex calculations.
  • The user interface is attractive and user-friendly.
  • Flexible and Scalable . It accommodates all types of budget and size of companies.
  • Great automated visualizations and real time data access.
  • The version we have doesn't integrate well with Excel as macros have to be to be updated in order for it to work.
  • Great accuracy in forecasts.
  • Saved time and improved data accessibility.
  • Client satisfaction.
The what-if analysis has enabled us to test the effects of our decisions before implementing them which has helped us make informed decisions and drive our business into better results.

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

In general, the IBM support team was helpful in providing solutions to our problems. I would recommend contacting the support team if need be.
The user interface is user friendly and the drag and drop tools helped in saving time for us when developing models and visualize them.
[IBM Planning Analytics] is suitable for all kinds of industries and well suited for developing data entry screens for multiple sub-budgets, consolidating their results, and running highly complex calculations.

IBM Planning Analytics Feature Ratings

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