IBM Planning Analytics with Watson provides solution to multiple deployment option.
Updated January 14, 2023

IBM Planning Analytics with Watson provides solution to multiple deployment option.

Shivam Sharma | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with IBM Planning Analytics with Watson

As a operational user, it helps me to customized user interface that helps to evaluates and solve the actual problem. We can test different business scenarios and evaluate the impact it has on different actions. It also has a option of intelligent queries that allows quicks analysis and report creation based on business terms.

Pros

  • It enables multidimensional of large and historical data sets.
  • It has a good design that offers wide range of garphics such as images, chart and shapes.
  • It helps to build models that integrates any business driver into plan and budget.

Cons

  • Automation is good but can be further improved.
  • it should integrate multiple products so the ease of use can be improved.
  • There is some area of improvement in AI intelligence to provide more accurate suggestions.
  • It enhanced forecast accuracy with predictive forecasting abilities.
  • Automated workflow of process visibility and planning has been improved.
  • It helped to achieve fast and accurate result in minimal time.
What-if scenario analysis helps to test alternate model assumptions. It helps me to create more timely, reliable plan that can turn in real time to address changing market demands. It helps in accurate decision making and improves its quality. It helps in analysis and calculation of even the most demanding scenarios models.
Compare to its competition it has good visual and graphical interface that helps to customized according to user needs. It helps to apply the best possible algorithm according to different model scenario that provides the best possible results. Predictive forecasting and AI intelligence makes it the best options available in the market right now.

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

It has many unique features like it provides users to analyze data from multidimensional models in Microsoft excel format. It also supports fast and what-if scenario modelling. Visual scorecards and dashboards helps to monitor key performance indicator with ease. It also provide unified web and mobile experience that helps to achieve the productivity.
It is very easy to use for analytics even for a new users. This not only automates the manual task to accelerate it but also provides new insight based on our data. IBM analytics for excel has full excel functionality and formatting including build in functions so we can work in a familiar excel interface while enjoying all modern planning and solutions.
It specifically helps in predictive forecasting by using statistical and predictive analytics to identify and access the trends. It also reduces the time required for forecast so that I can focus on process optimization. The algorithms assess all the values and applies the best possible algorithm that have more accuracy and less errors. Based on the experience it helps in both individual and organizational level.

IBM Planning Analytics Feature Ratings

9.8
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
9
9.6
Financial data consolidation
10
Journal entries and reports
9
Multi-currency management
9
Intercompany Eliminations
10
Minority Ownership
9
Local and consolidated reporting
10
Detailed Audit Trails
10
9.6
Financial Statement Reporting
10
Management Reporting
9
Excel-based Reporting
10
Automated board and financial reporting
9
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
9.0
Flat file integration
9
Excel data integration
10
Direct links to 3rd-party data sources
8
9.7
Pixel Perfect reports
9
Customizable dashboards
10
Report Formatting Templates
10
9.8
Drill-down analysis
10
Formatting capabilities
10
Integration with R or other statistical packages
9
Report sharing and collaboration
10
9.8
Publish to Web
10
Publish to PDF
10
Report Versioning
9
Report Delivery Scheduling
10
9.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
10
Location Analytics / Geographic Visualization
9
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

Comments

More Reviews of IBM Planning Analytics

  1. Home
  2. Corporate Performance Management (CPM) Software
  3. IBM Planning Analytics Reviews
  4. User Review of IBM Planning Analytics