A great value product
October 09, 2025

A great value product

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

Overall Satisfaction with IBM Planning Analytics

I have used IBM Planning Analytics in my organization to help organize data sets. Trying to plan future events, this allows my organization to have a greater understanding on what it is likely to occur. The scope is not very large, roughly 30-50 people working together. People from three continents and 7 time zones.

Pros

  • Expected data for the outcome
  • Potential variables to the outcome
  • Gives company a better understanding of what our company can achieve.

Cons

  • Implementation
  • More training
  • Allow learning through application easier
  • saving time with automated systems
  • quick of use
  • ease of implementation
The capabilities of IBM Planning Analytics that I find to be the most valuable is the help it allows for forecasting data points. This allows us to save so much time and money. Workers can now spend more time doing what they do best. IBM Planning Analytics is vital to our small start up to flourish.
The one thing that IBM Planning Analytics capabilities allows the company to do now that it could not do before is large scale forecast. We have found the expected results to being very close. Within 98% accurate. This was our first true AI product that we integrated and it will not be the last.
It is truly hard to compare both products. I like both products and would suggest choosing one but trying both. Some things are better through IBM Planning Analytics and some things are better through the IBM Analytics Engine. Ultimately I believe that IBM Planning Analytics has the slightest edge over Analytics engine.

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?

I wasn't involved with the implementation phase

Would you buy IBM Planning Analytics again?

Yes

One specific scenario based on my own personal experience where IBM Planning Analytics is well suited is when our company needed to present expectations for the upcoming quarterly and year. I feel as though some company's prefer to use their own system compared to listening to a third party organization word on important topics.

IBM Planning Analytics Feature Ratings

7.2
Long-term financial planning
8
Financial budgeting
6
Forecasting
9
Scenario modeling
7
Management reporting
6
6.9
Financial data consolidation
8
Journal entries and reports
7
Multi-currency management
6
Intercompany Eliminations
6
Minority Ownership
7
Local and consolidated reporting
6
Detailed Audit Trails
8
7.2
Financial Statement Reporting
8
Management Reporting
7
Excel-based Reporting
7
Automated board and financial reporting
8
XBRL support for regulatory filing
6
6.7
Personalized dashboards
7
Color-coded scorecards
9
KPIs
6
Cost and profitability analysis
5
Key Performance Indicator setting
7
Benchmarking with external data
6
7.0
Flat file integration
7
Excel data integration
6
Direct links to 3rd-party data sources
8
6.0
Pixel Perfect reports
6
Customizable dashboards
6
Report Formatting Templates
6
7.5
Drill-down analysis
7
Formatting capabilities
7
Integration with R or other statistical packages
8
Report sharing and collaboration
8
7.5
Publish to Web
7
Publish to PDF
8
Report Versioning
7
Report Delivery Scheduling
8
6.3
Pre-built visualization formats (heatmaps, scatter plots etc.)
6
Location Analytics / Geographic Visualization
6
Predictive Analytics
6
Pattern Recognition and Data Mining
7
6.2
Multi-User Support (named login)
6
Role-Based Security Model
6
Multiple Access Permission Levels (Create, Read, Delete)
6
Report-Level Access Control
7
Single Sign-On (SSO)
6
6.7
Responsive Design for Web Access
6
Mobile Application
7
Dashboard / Report / Visualization Interactivity on Mobile
7

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