Planning and Forecasting Made Easy
June 08, 2021

Planning and Forecasting Made Easy

Munga Ndagitari | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with IBM Planning Analytics with Watson

Since implementation, we have only been using this software in the financial department. We mainly use the software for most of our budgeting planning, forecasting, reporting and analytics. The software also aids when it comes to decision-making.
  • It is a flexible platform.
  • The software automated planning, budgeting, and forecasting.
  • It easily creates professional reports.
  • Integrates well with other IBM products such as SPSS and many others.
  • While the support is knowledgeable, they take time to respond to queries.
  • This tool requires a lot of training to master all the features and make the best out of it.
  • Requires some coding knowledge which may disadvantage some users.
  • With IBM Planning Analytics with Watson, we save time and ensure accuracy as the software automates many of this processes.
This feature helps so much when it comes to planning and also optimization in different scenarios.With this feature, we can establish planning parameters based on certain metrics and optimize outcomes of either projects if team players.
What makes this product outstanding is that it offers great features, integration is easy and most importantly, it is relatively affordable compared to the competitors.

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

The support is knowledgeable when handling queries. However, they take ages to respond to customer queries
Well, this software is very useful thanks to its many features and capabilities.
I highly recommend IBM Planning Analytics with Watson for its very resourceful. It is capable of handling many functions including budgeting, forecasting, analytics, planning, and most importantly, it automated these processes. In addition, integration is also easy.

IBM Planning Analytics Feature Ratings

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