Planning Analytics Makes Forecasting Easy and Fast
June 17, 2025

Planning Analytics Makes Forecasting Easy and Fast

Connor Dufault | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with IBM Planning Analytics

I use IBM Planning Analytics mostly for financial planning, forecasting, and reporting and it's been super useful across different departments, especially when we need real-time insights, we also plugged in timeseries forecasting with Watson Studio which helps with better predictions.

Pros

  • it’s easy to use even if you’re not technical and implementation with the cloud version is quick
  • i really like the Excel integration—it keeps things familiar and adds more power
  • it can handle massive datasets in memory and still stay fast, which is a big deal

Cons

  • it doesn’t work offline, making it difficult for me to work or gather required data when I don’t have internet connection
  • the learning curve is quite steep
  • we cut down on manual budgeting and forecasting work, which saved us a ton of time
  • our decision-making improved a lot because of the real-time data and automation
  • it only took us about three months to create custom models that really fit our needs
The real-time analysis through TM1 integration is super helpful, I like how customizable the dashboards and reports are—you can tweak them as needed and also being able to access it via Excel, REST API or the web makes it flexible for different teams.
We’ve made big improvements in how we plan and analyze finances since using it. I can now make decisions faster, even when there’s just a small change in the data, it helps a lot with creating reports straight from raw data, which saves me so much time.

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

If you're dealing with large data and want speed and flexibility, then it is for you, because it has helped us a lot with reducing manual work and making better decisions quickly and IBM also listens to feedback and improves the product, which I appreciate.

IBM Planning Analytics Feature Ratings

7.4
Long-term financial planning
7
Financial budgeting
8
Forecasting
8
Scenario modeling
7
Management reporting
7
7.9
Financial data consolidation
8
Journal entries and reports
7
Multi-currency management
9
Intercompany Eliminations
8
Minority Ownership
8
Local and consolidated reporting
7
Detailed Audit Trails
8
7.4
Financial Statement Reporting
7
Management Reporting
8
Excel-based Reporting
7
Automated board and financial reporting
7
XBRL support for regulatory filing
8
7.7
Personalized dashboards
7
Color-coded scorecards
7
KPIs
9
Cost and profitability analysis
8
Key Performance Indicator setting
9
Benchmarking with external data
6
7.3
Flat file integration
7
Excel data integration
8
Direct links to 3rd-party data sources
7
7.0
Pixel Perfect reports
8
Customizable dashboards
7
Report Formatting Templates
6
8.0
Drill-down analysis
8
Formatting capabilities
8
Integration with R or other statistical packages
9
Report sharing and collaboration
7
8.5
Publish to Web
8
Publish to PDF
9
Report Versioning
9
Report Delivery Scheduling
8
7.5
Pre-built visualization formats (heatmaps, scatter plots etc.)
7
Location Analytics / Geographic Visualization
7
Predictive Analytics
8
Pattern Recognition and Data Mining
8
7.6
Multi-User Support (named login)
7
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
8
Report-Level Access Control
7
Single Sign-On (SSO)
7
8.3
Responsive Design for Web Access
8
Mobile Application
8
Dashboard / Report / Visualization Interactivity on Mobile
9

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