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Phenomenal Tool for Business Analysis!
December 17, 2022

Phenomenal Tool for Business Analysis!

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

Overall Satisfaction with IBM Planning Analytics with Watson

It is a very good business performance management suite used for planning, budgeting, forecasting, and also different kind of analysis. The good thing is, the data are performed in real-time, without the loss of data, and also multiple users can work at the same time. Frequent updation of data is a great feature.
  • Real time updation of data
  • Simultaneous use
  • No loss of data
  • ETM Tool
  • server management tool
  • monitoring tool
  • Accuracy
  • Time Management
  • Cost Analysis
What if analysis is a must-have feature of IBM planning analytics. It is useful for maintaining stock data, financial planning, KPI monitoring, etc. This helps the manufacturer to maintain minimum stock and in turn minimum inventory turnover, this is a good feature, and also its real-time reporting is a great thing.

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?

Yes

Would you buy IBM Planning Analytics again?

Yes

IBM is a great company and they are at best to provide after-sales support. When there is a requirement for an engineer to resolve any query made by the customer, they are always there in real-time. The support provided is great. Keep it up and improve what you are doing.
It is a great tool overall, there are many good features like cost analysis, time analysis, KPI monitoring, real-time updation of data, multiple users working at the same time with no loss of data, etc. Also different analyses like what if analysis and other kinds of reports are great in this tool.
It is well suited to almost all manufacturing industries that are producing products like make-to-order, configure-to-order, make-to-stock, engineering-to-order, and almost everywhere it is useful. Planning, monitoring, and different kind of analysis can be performed by multiple users simultaneously without the loss of data, this is a great feature.

IBM Planning Analytics Feature Ratings

9.8
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
9
Management reporting
10
9.6
Financial data consolidation
10
Journal entries and reports
9
Multi-currency management
10
Intercompany Eliminations
10
Minority Ownership
10
Local and consolidated reporting
9
Detailed Audit Trails
9
9.8
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
9
Automated board and financial reporting
10
XBRL support for regulatory filing
10
9.8
Personalized dashboards
10
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
9
Key Performance Indicator setting
10
10.0
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
10.0
Pixel Perfect reports
10
Customizable dashboards
10
Report Formatting Templates
10
9.5
Drill-down analysis
10
Formatting capabilities
10
Integration with R or other statistical packages
9
Report sharing and collaboration
9
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
10
Predictive Analytics
9
9.5
Multi-User Support (named login)
10
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
9
10.0
Responsive Design for Web Access
10