Robust and Perfect tool for forecasting
September 28, 2022

Robust and Perfect tool for forecasting

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with IBM Planning Analytics with Watson

IBM Planning Analytics with Watson can handle large model of dataset and provide strong data analysis capabilities, it also helps us to create perfect report with lots of data visualization elements that makes impactful reports. In a simple words it's a robust software that gives us the power of forecasting.

Pros

  • Budgeting and forecasting
  • Data Visualization

Cons

  • Require in-depth documentation and support
  • It keeps help us to scale the business by minimize the efforts of forecasting and provide most appropriate results
I have used many tools like adobe marketo or google data studio for reporting purpose but IBM planning analytics is amazing with Waston as there are many connectors available for us to create models.

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 of IBM panning analytics features. As this tool has everything from reporting to data modeling and forecasting.
Mostly all things can be reused once setup
We are using IBM Planning Analytics with Watson to gets more relevant and strong insight of data to make better understand and clear decision. It provides us enhanced excel functions to to get better insight.

IBM Planning Analytics Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
8
Scenario modeling
10
Management reporting
8
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
Not Rated
Management Reporting
Not Rated
Excel-based Reporting
Not Rated
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
9
Not Rated
Flat file integration
Not Rated
Excel data integration
Not Rated
Direct links to 3rd-party data sources
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
Drill-down analysis
Not Rated
Formatting capabilities
Not Rated
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
Not Rated
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
Multi-User Support (named login)
Not Rated
Role-Based Security Model
Not Rated
Multiple Access Permission Levels (Create, Read, Delete)
Not Rated
Single Sign-On (SSO)
Not Rated
Responsive Design for Web Access
Not Rated

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