IBM Planning Analytics Review.
July 31, 2025

IBM Planning Analytics Review.

Patrick Cooper | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Reseller

Overall Satisfaction with IBM Planning Analytics

I am an IT consultant and have been working with Planning Analytics/ TM1 for 15 years. It is probably the most robust planning and forecasting solution in the market.

Pros

  • Budgeting
  • Forecasting
  • "What If Scenario".

Cons

  • Not Sure, Maybe Industry use cases.
  • It is very positive. It helps open up new clients.
  • It provides insights to data that most cannot.
  • IBM's new interface is a huge time saver.
The "Excel-like" interface is very attractive. It allows users to get up to speed quickly. I also like the supply-chain integration. This is very valuable because most supply chain solutions do not have advanced reporting or analytics built within.
It allows us/users to look at data in a multidimensional way. It provides valuable insights that enable me to make better and more informed business decisions.
As it is related to MS Excel, IBM Planning Analytics is a much more robust and complete solution for the CFO or COO in mind. Oracle Hyperion stacks up nicely against IBM Planning Analytics. However, IBM's investment in AI allows Planning Analytics users more options and speed.

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

For a CFO or a COO to do budgeting and planning, IBM Planning Analytics would be essential. It is a tool that can take in multiple data sources and showcase them in a multidimensional way. If you are looking just for a BI or reporting tool, Planning Analytics would be considered "overkill".

IBM Planning Analytics Feature Ratings

9.8
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
9
Management reporting
10
9.0
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
9.0
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
XBRL support for regulatory filing
9
9.0
Personalized dashboards
9
Color-coded scorecards
9
KPIs
9
Cost and profitability analysis
9
Key Performance Indicator setting
9
Benchmarking with external data
9
9.3
Flat file integration
9
Excel data integration
10
Direct links to 3rd-party data sources
9
9.0
Pixel Perfect reports
9
Customizable dashboards
9
Report Formatting Templates
9
9.0
Drill-down analysis
9
Formatting capabilities
9
Integration with R or other statistical packages
9
Report sharing and collaboration
9
9.0
Publish to Web
9
Publish to PDF
9
Report Versioning
9
Report Delivery Scheduling
9
9.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Location Analytics / Geographic Visualization
9
Predictive Analytics
9
Pattern Recognition and Data Mining
9
9.2
Multi-User Support (named login)
9
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
9
Single Sign-On (SSO)
9
9.7
Responsive Design for Web Access
9
Mobile Application
10
Dashboard / Report / Visualization Interactivity on Mobile
10

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