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Best Solution for business planning
September 29, 2022

Best Solution for business planning

Chirag Soni | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with IBM Planning Analytics with Watson

This solution saves our time and money by eliminating the need of planning business manually. Truly speaking that business planning should be fast, straightforward, and continuous, and in order to meet these expectations, this solution comes in handy.

Its AI-based features overcome the limits of manual planning. Basically, we have a lot of business data in our ecosystem and we divide our business plan into categories to generate more accurate results.

So with IBM Planning Analytics solution allows us to do so on one single platform where we can manage things with accuracy, and without delay. Also, we can forecast the data to accelerate decision-making in the future.
  • This solution allows to break down the business ideas so we can create more accurate plans for FP&A (Financial Planning & Analysis), sales, and supply chain
  • Data Forecasting improves the decision-making for future.
  • Seamlessly deployable on premises.
  • It could be improved more by adding additional AI features.
  • This solution has improved our business planning a lot.
  • Great solution for data forecasting.
  • Improved the way of data analysis with its AI based features.

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

Because it literally meets most of our expectations.
As I said it meets most of our requirements when it comes to the business planinng.
This solution is well suited for large businesses where trillions of data are generated every day.
It solves the problem of organizing the heavy data in a structured manner so that it becomes easy to understand and manage things in less time.

IBM Planning Analytics Feature Ratings

6.4
Long-term financial planning
7
Financial budgeting
7
Forecasting
6
Scenario modeling
5
Management reporting
7
7.3
Financial data consolidation
7
Journal entries and reports
7
Multi-currency management
7
Intercompany Eliminations
7
Minority Ownership
6
Local and consolidated reporting
9
Detailed Audit Trails
8
6.6
Financial Statement Reporting
5
Management Reporting
8
Excel-based Reporting
5
Automated board and financial reporting
7
XBRL support for regulatory filing
8
7.0
Personalized dashboards
7
Color-coded scorecards
6
KPIs
9
Cost and profitability analysis
7
Key Performance Indicator setting
6
7.7
Flat file integration
7
Excel data integration
8
Direct links to 3rd-party data sources
8
8.0
Pixel Perfect reports
8
Customizable dashboards
8
Report Formatting Templates
8
7.5
Drill-down analysis
7
Formatting capabilities
7
Integration with R or other statistical packages
8
Report sharing and collaboration
8
7.3
Publish to Web
5
Publish to PDF
8
Report Versioning
9
Report Delivery Scheduling
7
8.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Location Analytics / Geographic Visualization
8
Predictive Analytics
9
9.8
Multi-User Support (named login)
9
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
10
8.0
Responsive Design for Web Access
8