My new planner
January 05, 2023

My new planner

Anonymous | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User

Overall Satisfaction with IBM Planning Analytics with Watson

We are using IBM Planning Analytics with Watson for many forecast and planning now, mainly for marketing and financing. We plan based on past data that how much we need to invest on marketing channel specific to different marketing campaigns, which ran in past. We are also making it single source for financial decisions and data and accordingly we use forecast to plan ahead. Main benefit is reduction of manual work and now data is more reliable.

Pros

  • Reducing manual work
  • Saves time
  • Reliable
  • Dashboards and reporting

Cons

  • UI
  • Documentation
  • Cost
  • Data became more reliable
  • Now we can use different forecast algorithms/factors
  • Saved a lot of time for data already ingested in system
We use what if analysis a lot, making parameters and stitching it with data is pretty complex in PowerBI, but in this it was pretty easy. We take on many hypothesis and to test them scenario planning is well suited

Do you think IBM Planning Analytics delivers good value for the price?

Not sure

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?

I wasn't involved with the implementation phase

Would you buy IBM Planning Analytics again?

Yes

never contacted support directly
It is a good product. We have developed many dependencies on it now, seeing its usability and feature set. Its is now single source of data, which is now used for reporting and planning for future use cases using predictive analysis and what if analysis.
If you are planning to create a robust source for financial planning and reporting, you can use this. Its good in reducing manual work and make the reporting more reliable. Multiple user can use at same time and thus producing same results , which when done in excel manually always create different results for at least 1 person.

IBM Planning Analytics Feature Ratings

7.0
Long-term financial planning
7
Financial budgeting
7
Forecasting
7
Scenario modeling
6
Management reporting
8
7.0
Financial data consolidation
7
7.3
Financial Statement Reporting
7
Management Reporting
6
Excel-based Reporting
8
Automated board and financial reporting
8
8.0
Personalized dashboards
7
Color-coded scorecards
9
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
8
8.0
Excel data integration
8
7.7
Pixel Perfect reports
8
Customizable dashboards
8
Report Formatting Templates
7
6.0
Drill-down analysis
8
Formatting capabilities
4
Integration with R or other statistical packages
5
Report sharing and collaboration
7
8.3
Publish to Web
8
Report Versioning
9
Report Delivery Scheduling
8
9.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Predictive Analytics
9
7.7
Multi-User Support (named login)
8
Role-Based Security Model
7
Multiple Access Permission Levels (Create, Read, Delete)
8
Mobile Capabilities ()
Not Rated

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