Good fit for all financial requirement
June 23, 2022

Good fit for all financial requirement

Bhupendra Berdia . | TrustRadius Reviewer
Score 9 out of 10
Vetted Review

Overall Satisfaction with IBM Planning Analytics with Watson

Company was struggling in financial reporting, operational KPI’s and budgeting through manual process due to complexity of parking business. Required some dynamic solution to provide financial and operational information quickly and linked with live database.• By using IBM Planning Analytics we: 1. Automated updates from source system
2. Ability to analyze performance of Enforcement Officers / Drivers and measure productivity Analyze financial and
non-financial KPIs- CN data, Fines, Tows, Storage etc.
3. Interlinked Financial Reporting with an adaptive and dynamic budgeting model
4. Created a 5 Year plan for revenue and costs, including flexibility to include new business and adjust the model to changing market conditions
5. Dashboard for Management reporting
  • Integrated operational & financial planning
  • What if Analysis and compare between sandboxes
  • Score carding
  • Attribute comparison
  • Dashboard
  • Planning Analytics for excel
  • Access rights between TM1 & PAW
  • direct upload excel to PAW
  • Optimize cost
  • Increase Revenue
  • 360 degree view
Very important to compare various scenerios

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

Best comprehensive planning tool
Very useful
Integrated planning, Excel based planning, Bulk upload data and analysis

IBM Planning Analytics Feature Ratings

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