A Great For Financial Analytics, Planning, Forecasting and Budgeting
November 14, 2021
A Great For Financial Analytics, Planning, Forecasting and Budgeting

Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with IBM Planning Analytics with Watson
We have IBM Planning Analytics with Watson deployed in our finance and accounting department and this is where I work. We mainly use this software for our company budgeting and planning needs. The software is also great when it comes to forecasting, analytics, and financial reporting. With this software and by taking advantage of financial reporting and analytics features, we are able to make sound business decisions.
Pros
- The software makes planning and budgeting easy
- I like that IBM Planning Analytics with Watson offers multiple features that makes handling different aspects of finance and accounting easy
- The software offers some automation features making budgeting and planning easy
- Creating or generating professional financial reports is easy with IBM Planning Analytics with Watson.
Cons
- IBM Planning Analytics with Watson is not easy to use and one needs prior knowledge or a lot of training
- One needs to have some programming knowledge to benefit from this product
- With IBM Planning Analytics with Watson, we are now better at planning and forecasting. Most importantly budgeting is easy.
- The situation modeling makes it easy for our business to know what would happen if something happens and thus helps us be prepared for any eventualities including making losses.
Scenario planning makes it easy for the business to remain vigilant and prepared in case of the unseen. In case something happens, we know what to do because we already have a plan.
Compared to many others tools, is better in that it offers many features and is, therefore, more capable. However, it is not the cheapest option.
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?
I wasn't involved with the selection/purchase process
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
Comments
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