IBM Planning Analytics (TM1) Continues to Shine
October 08, 2025

IBM Planning Analytics (TM1) Continues to Shine

Nikunj Patel | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with IBM Planning Analytics

In our organization, We use IBM Planning Analytics (TM1) for financial consolidation and forecasting at Amazon Devices and Services. Scope covers financial and non-financial metrics, allocations, and modeling.

Pros

  • Hierarchies
  • Metadata
  • Real time calculation

Cons

  • Orchestration
  • Scale
  • Easy to deploy
  • Security management
For me, the most valuable capabilities in IBM Planning Analytics are Consolidations, ease of hierarchies, and flexible reporting.
IBM Planning Analytics capabilities allow us to Connect to multiple tools, which we could not do before.

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?

No

Did implementation of IBM Planning Analytics go as expected?

Yes

Would you buy IBM Planning Analytics again?

Yes

In my opinion, I am likely to recommend IBM Planning Analytics to a colleague because I think it is Well suited for fast financial modeling of offline processes, though not great for huge data volumes.

IBM Planning Analytics Feature Ratings

Long-term financial planning
8
Financial budgeting
8
Forecasting
8
Scenario modeling
5
Management reporting
10
Financial data consolidation
9
Journal entries and reports
8
Multi-currency management
8
Intercompany Eliminations
8
Minority Ownership
5
Local and consolidated reporting
6
Detailed Audit Trails
4
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
8
Automated board and financial reporting
5
XBRL support for regulatory filing
6
Personalized dashboards
4
Color-coded scorecards
4
KPIs
7
Cost and profitability analysis
7
Key Performance Indicator setting
6
Benchmarking with external data
6
Flat file integration
6
Excel data integration
6
Direct links to 3rd-party data sources
4
Pixel Perfect reports
3
Customizable dashboards
3
Report Formatting Templates
4
Drill-down analysis
5
Formatting capabilities
5
Integration with R or other statistical packages
5
Report sharing and collaboration
5
Publish to Web
3
Publish to PDF
3
Report Versioning
3
Report Delivery Scheduling
3
Pre-built visualization formats (heatmaps, scatter plots etc.)
3
Location Analytics / Geographic Visualization
3
Predictive Analytics
4
Pattern Recognition and Data Mining
4
Multi-User Support (named login)
5
Role-Based Security Model
5
Multiple Access Permission Levels (Create, Read, Delete)
5
Report-Level Access Control
5
Single Sign-On (SSO)
5
Responsive Design for Web Access
7
Mobile Application
7
Dashboard / Report / Visualization Interactivity on Mobile
7

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