I recommend this tool for better planning and forecasting.
March 08, 2022

I recommend this tool for better planning and forecasting.

sandra roberts | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with IBM Planning Analytics with Watson

We have been using IBM planning analytics for a couple of years now, and I can boldly say it's an excellent tool when it comes to planning and forecasting business processes. we are able to collaborate and integrate plans across all departments, therefore, providing us with one data source for real-time data analysis, forecasting, and budgeting.

Pros

  • Provides automated planning process hence less manual work.
  • Has great excel add-in
  • Scalability

Cons

  • The installation process was a bit tedious.expecially with Docker -based workspace.
  • There are very few tutorial on hands-on practice.
  • After-sale customer should be improved. Since we had a hard time getting help on time.
  • The tool has been helping us make improved decisions.
  • Saves a lot of time because it's automates planning process.
  • More effective forecasting for investment opportunities.
We have been able to forecast possible scenarios of the market, customer needs, and the economy, and this tool has been super helpful in making sure we make calculated decisions. IBM planning analytics has been guiding us on ways to meet customer needs and expectations, avoid losses, and maximum profits
During our process of buying a planning and forecasting tool, we found IBM planning analytics was offering an affordable price compared to others software in the market offering the same services. also, there were many positive reviews on the internet that convinced us that we need this tool for Ur business.

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 software is very easy to use and flexible expecially when creating models for the business needs across the business.
Amazing usability expecially when intergrating with excel.
End user friendly and a functional dashboard.
I would recommend this tool to business that needs a system that can collaborate and integrate all data across the business hence providing real-time data view, across the business. Also, this tool is able to handle large data without hassle or slowing down.it also has a drag and drop features making our work easier.

IBM Planning Analytics Feature Ratings

9.8
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
9
9.7
Financial data consolidation
9
Journal entries and reports
10
Multi-currency management
10
Intercompany Eliminations
10
Minority Ownership
10
Local and consolidated reporting
10
Detailed Audit Trails
9
10.0
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
10
10.0
Personalized dashboards
10
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
10
9.7
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
9
9.7
Pixel Perfect reports
10
Customizable dashboards
10
Report Formatting Templates
9
10.0
Drill-down analysis
10
Formatting capabilities
10
Integration with R or other statistical packages
10
Report sharing and collaboration
10
9.5
Publish to Web
10
Publish to PDF
9
Report Versioning
9
Report Delivery Scheduling
10
10.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
10
Location Analytics / Geographic Visualization
10
Predictive Analytics
10
10.0
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
10
10.0
Responsive Design for Web Access
10
Mobile Application
10
Dashboard / Report / Visualization Interactivity on Mobile
10

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