IBM Planning Analytics with Watson is the Ultimate Financial User Tool
December 17, 2022

IBM Planning Analytics with Watson is the Ultimate Financial User Tool

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

Overall Satisfaction with IBM Planning Analytics with Watson

We build models for our clients using IBM Planning Analytics with Watson to alleviate time in reporting and planning. Most of the current processes are time-consuming excel reports. We use elements, hierarchies, processes, cubes, tables, tabs, etc. to format the data to the client's liking and then format it into a user-friendly view in IBM Planning Analytics with Watson.
  • User interface
  • Ability to design/format
  • Navigation screen
  • Bugs
  • Ability to layout buttons
  • screen resolution
  • save time
  • centralized planning
  • collaboration
As a consultant, scenario planning or what-if analysis is very important for our clients. This ability allows the clients to feel comfortable as users navigate through the books. Depending on their build, the user can go from reviewing reports in one tab to having a double view or ad hoc reporting in another. This usability is very important to our clients.

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

N/A - have not contacted support
This tool is easy to use and fast to learn (with the correct training). It is easy to go into the tool and start building reports from scratch, go into different cube views, drag and drop different dimensions, and start different processes. IBM Planning Analytics with Watson is very user-friendly and is a great tool to have.
IBM Planning Analytics with Watson is a great tool for users stuck in time-consuming processes for creating reports or planning for the new year. IBM Planning Analytics with Watson has the ability to format table views into reports so that the client can save hours of their time with new data flowing into the model, unlike excel. In IBM Planning Analytics with Watson, the user can build financial reports, forecasting models, reporting books, and so much more!

IBM Planning Analytics Feature Ratings

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