IBM Planning Analytics for Contemporary Finance Professionals
July 18, 2023
IBM Planning Analytics for Contemporary Finance Professionals
Score 9 out of 10
Vetted Review
Overall Satisfaction with IBM Planning Analytics
IBM Planning Analytics is used for financial performance management activities related to planning and reporting Profit & Loss, Balance Sheet, Cashflow, and KPIs.
- Data exploration
- Data aggregation
- Data visualization
- Driver based planning
- What-if scenario modeling
- multi-dimensional modeling
- Hierarchies and consolidations
- Foreign currency
- Debugging code
- High availability
- Mobility
- Improved monthly financial close process
- Improved financial performance of business units
- Improved the accessibility of financial data
A rolling six-month forecast is critical to our professional services part of the business. At the same time, a rolling twelve-month forecast is equally important for our software part of the business. IBM Planning Analytics models are developed to allow end-users like me to plan and complete what-if scenario's using historical trend data that are combined driver-based models to plan multiple periods (months or years) ahead.
Why IBM Planning Analytics when compared to Oracle Hyperion: Better excel integration Less data movement and duplication Better cloud offering More aforeable licensing
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