Making panning simpler.
January 30, 2023

Making panning simpler.

Siddhant Tiwari | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with IBM Planning Analytics with Watson

The planning analytics permits our association to get a total perspective on our whole monetary interaction and pursue the choices that best accommodate our capacities. It has produced genuine computerized changes in our organization, as our business targets are accomplished. We are using it to care for practically any issue related to analysis, planning & finances.

Pros

  • Quickly and easily gathers data from various sources, including ERP systems and external market data.
  • Accurately forecast future financial performance up to an extent.
  • The ability to integrate data from multiple sources allows us to gain a more comprehensive understanding of our financial performance, which helps us to identify areas for improvement.

Cons

  • Data visualization capabilities could be more intuitive and user friendly.
  • Data integration can be improved as the process can be time consuming and complex.
  • More customizable forecasting and predictive analytics tools, which would allow us to better tailor the product to our specific needs.
  • Making metrics is extremely simple.
  • I like its predefined functions for statistical analysis.
  • Helping us to track impact of strategic initiatives.
  • One potential concern could be the complexity of this product, that too only for new users.
Scenario planning is very vital for our business, and it permits us to distinguish possible difficulties and open doors, and settle on information-driven choices to really explore them. IBM Planning Analytics with Watson permits us to rapidly and effectively perform situation planning by dissecting information from different sources and distinguishing patterns.

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

Yes

Are you happy with IBM Planning Analytics's feature set?

No

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

Support is really good, It would be better if they can improve on delivering speedy reply to the queries.
For the most part, it is viewed as an easy-to-use product. The point of interaction is all-around planned and simple to explore, which makes it easier to find the data that we need. Moreover, its representation capacities are viewed as solid and intuitive, making it simpler to comprehend and decipher the information.
It is well suited for budgeting and forecasting with complex financial structures.

IBM Planning Analytics Feature Ratings

7.4
Long-term financial planning
7
Financial budgeting
8
Forecasting
7
Scenario modeling
7
Management reporting
8
7.9
Financial data consolidation
8
Journal entries and reports
8
Multi-currency management
8
Intercompany Eliminations
8
Minority Ownership
7
Local and consolidated reporting
8
Detailed Audit Trails
8
7.4
Financial Statement Reporting
7
Management Reporting
8
Excel-based Reporting
8
Automated board and financial reporting
8
XBRL support for regulatory filing
6
7.2
Personalized dashboards
6
Color-coded scorecards
7
KPIs
7
Cost and profitability analysis
8
Key Performance Indicator setting
8
7.7
Flat file integration
8
Excel data integration
8
Direct links to 3rd-party data sources
7
6.7
Pixel Perfect reports
7
Customizable dashboards
6
Report Formatting Templates
7
7.3
Drill-down analysis
7
Formatting capabilities
7
Integration with R or other statistical packages
8
Report sharing and collaboration
7
7.5
Publish to Web
7
Publish to PDF
8
Report Versioning
7
Report Delivery Scheduling
8
7.3
Pre-built visualization formats (heatmaps, scatter plots etc.)
7
Location Analytics / Geographic Visualization
7
Predictive Analytics
8
7.8
Multi-User Support (named login)
7
Role-Based Security Model
8
Multiple Access Permission Levels (Create, Read, Delete)
8
Single Sign-On (SSO)
8
8.0
Responsive Design for Web Access
8

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