IBM Planning Analytics review
October 05, 2024

IBM Planning Analytics review

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

Overall Satisfaction with IBM Planning Analytics

The finance team uses IBM Planning Analytics to pull togeather information from various systems, including relational databases, to create a user friendly database system to provide reports to the business relevant to management, marketing and operations.

Pros

  • Speed in searching and summarising information
  • ease of making consolidated reports
  • Simplifys the retriveing data

Cons

  • In my experience, large dynamic reports fail consistantly - IBM Planning Analytics should at least warn that they will fail before wasting the users time
  • In my experience, it links well to MS Excel but some better links to Google sheets would be helpful
  • In my experience, the user variables set up in programs using architect or perspectives cant be managed properly in the online project management environment. these user variables were a very useful tool for testing code.
  • Saved time and effort in regular reporting
  • Made it possible to provide custom information at short notice
  • Improved the accuracy of information provided for the business
It is very import for our management to be able to determine how new strategies will affect the buiness. IBM Planning Analytics provides a database of all the relavant information that can easily be manipulated to link the data very quickly into diffefernt configurations to provide the requested scenarios

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

I have contacted the suport team on a number of occasions and the support has been provided quickly and satisfactorily
Once it has been set up and a model provided to the end user it is very easy to use. It does however require technically experienced people for to set up the model.
Snowflake, SQL Server Management Studio (SSMS)
IBM Planning Analytics is very useful for bringing togeather information from different sources into a single database to be used to combine the data and report on it.
It is very useful to create custom reports where there is a specific report format required, such as in finance reports.
It is very good at for summarising very large databases and making the information available very quickly.
Although is can be used to create all manner of applications it is sometimes used for applications where its strengths arent utilized and would be better served by an off the shelp app, like document management.


IBM Planning Analytics Feature Ratings

10.0
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
9.0
Financial data consolidation
10
Journal entries and reports
8
Multi-currency management
10
Intercompany Eliminations
9
Minority Ownership
9
Local and consolidated reporting
10
Detailed Audit Trails
7
9.8
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
9
9.8
Personalized dashboards
10
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
9
9.0
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
7
9.0
Pixel Perfect reports
8
Customizable dashboards
9
Report Formatting Templates
10
9.0
Drill-down analysis
10
Formatting capabilities
10
Integration with R or other statistical packages
8
Report sharing and collaboration
8
9.5
Publish to Web
8
Publish to PDF
10
Report Versioning
10
Report Delivery Scheduling
10
7.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
6
Location Analytics / Geographic Visualization
6
Predictive Analytics
10
Pattern Recognition and Data Mining
6
9.8
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10
Single Sign-On (SSO)
9
8.0
Responsive Design for Web Access
10
Mobile Application
7
Dashboard / Report / Visualization Interactivity on Mobile
7

Comments

More Reviews of IBM Planning Analytics

  1. Home
  2. Corporate Performance Management (CPM) Software
  3. IBM Planning Analytics Reviews
  4. User Review of IBM Planning Analytics