Catalyst, by EBM Software vs. IBM Planning Analytics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Catalyst, by EBM Software
Score 7.8 out of 10
N/A
Catalyst from EBM Software in Minneapolis is a cloud-based business performance application suite, designed to provide an environment and workflow for understanding business profitability.N/A
IBM Planning Analytics
Score 8.8 out of 10
N/A
IBM Planning Analytics, powered by IBM TM1®, is an integrated planning solution designed to promote collaboration across the organization and help keep pace with the speed of modern business. With its calculation engine, this enterprise performance management solution is designed to help users move beyond the limits of spreadsheets, automating the planning process to drive faster, more accurate results. Use it to unify data sources into one single repository, enabling users to build…
$825
per month 5 users
Pricing
Catalyst, by EBM SoftwareIBM Planning Analytics
Editions & Modules
No answers on this topic
Essentials
$825
per month 5 users
Standard
$1,650
per month 10 users
Offerings
Pricing Offerings
Catalyst, by EBM SoftwareIBM Planning Analytics
Free Trial
YesYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalOptional
Additional DetailsFlexible and tiered pricing structures available - monthly, 1-3-5- contracts, and more
More Pricing Information
Community Pulse
Catalyst, by EBM SoftwareIBM Planning Analytics
Features
Catalyst, by EBM SoftwareIBM Planning Analytics
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Catalyst, by EBM Software
7.1
Ratings
7% below category average
IBM Planning Analytics
9.8
Ratings
25% above category average
Customizable dashboards7.10 Ratings9.70 Ratings
Report Formatting Templates7.10 Ratings9.70 Ratings
Pixel Perfect reports00 Ratings9.80 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Catalyst, by EBM Software
7.7
Ratings
6% below category average
IBM Planning Analytics
9.7
Ratings
17% above category average
Drill-down analysis7.10 Ratings9.80 Ratings
Formatting capabilities8.00 Ratings9.70 Ratings
Report sharing and collaboration8.00 Ratings9.70 Ratings
Integration with R or other statistical packages00 Ratings9.80 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Catalyst, by EBM Software
8.0
Ratings
3% below category average
IBM Planning Analytics
9.5
Ratings
14% above category average
Publish to PDF7.90 Ratings9.90 Ratings
Report Delivery Scheduling8.00 Ratings8.40 Ratings
Publish to Web00 Ratings9.90 Ratings
Report Versioning00 Ratings9.90 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Catalyst, by EBM Software
7.7
Ratings
1% above category average
IBM Planning Analytics
9.3
Ratings
20% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)8.00 Ratings9.80 Ratings
Location Analytics / Geographic Visualization7.00 Ratings9.80 Ratings
Predictive Analytics8.00 Ratings9.80 Ratings
Pattern Recognition and Data Mining00 Ratings7.80 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Catalyst, by EBM Software
8.0
Ratings
9% below category average
IBM Planning Analytics
9.5
Ratings
9% above category average
Multi-User Support (named login)8.00 Ratings9.80 Ratings
Role-Based Security Model8.00 Ratings9.80 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.00 Ratings9.80 Ratings
Report-Level Access Control00 Ratings8.40 Ratings
Single Sign-On (SSO)00 Ratings9.80 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Catalyst, by EBM Software
8.0
Ratings
2% above category average
IBM Planning Analytics
7.6
Ratings
3% below category average
Responsive Design for Web Access8.00 Ratings6.10 Ratings
Dashboard / Report / Visualization Interactivity on Mobile8.00 Ratings7.80 Ratings
Mobile Application00 Ratings8.00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Catalyst, by EBM Software
8.0
Ratings
3% below category average
IBM Planning Analytics
9.8
Ratings
17% above category average
Long-term financial planning7.00 Ratings9.80 Ratings
Financial budgeting8.00 Ratings9.80 Ratings
Forecasting8.00 Ratings9.80 Ratings
Scenario modeling8.00 Ratings9.70 Ratings
Management reporting8.90 Ratings9.70 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Catalyst, by EBM Software
7.2
Ratings
10% below category average
IBM Planning Analytics
9.8
Ratings
21% above category average
Financial data consolidation9.00 Ratings9.70 Ratings
Journal entries and reports8.00 Ratings9.80 Ratings
Multi-currency management6.00 Ratings9.80 Ratings
Intercompany Eliminations5.00 Ratings9.80 Ratings
Minority Ownership7.00 Ratings9.80 Ratings
Local and consolidated reporting8.00 Ratings9.80 Ratings
Detailed Audit Trails00 Ratings9.70 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Catalyst, by EBM Software
8.0
Ratings
1% below category average
IBM Planning Analytics
9.4
Ratings
15% above category average
Financial Statement Reporting8.00 Ratings9.80 Ratings
Management Reporting9.00 Ratings9.80 Ratings
Excel-based Reporting7.00 Ratings9.80 Ratings
Automated board and financial reporting8.00 Ratings9.70 Ratings
XBRL support for regulatory filing00 Ratings8.10 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Catalyst, by EBM Software
7.2
Ratings
11% below category average
IBM Planning Analytics
9.5
Ratings
17% above category average
Personalized dashboards7.10 Ratings9.70 Ratings
Color-coded scorecards6.00 Ratings9.80 Ratings
KPIs7.00 Ratings9.80 Ratings
Cost and profitability analysis8.00 Ratings9.80 Ratings
Key Performance Indicator setting8.00 Ratings9.80 Ratings
Benchmarking with external data7.00 Ratings8.10 Ratings
Integration
Comparison of Integration features of Product A and Product B
Catalyst, by EBM Software
7.4
Ratings
12% below category average
IBM Planning Analytics
9.8
Ratings
16% above category average
Flat file integration8.00 Ratings9.80 Ratings
Excel data integration7.10 Ratings9.90 Ratings
Direct links to 3rd-party data sources7.10 Ratings9.80 Ratings
User Ratings
Catalyst, by EBM SoftwareIBM Planning Analytics
Likelihood to Recommend
7.9
(0 ratings)
8.9
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(0 ratings)
Usability
8.8
(0 ratings)
9.7
(0 ratings)
Support Rating
7.8
(0 ratings)
9.7
(0 ratings)
Product Scalability
-
(0 ratings)
9.1
(0 ratings)
User Testimonials
Catalyst, by EBM SoftwareIBM Planning Analytics
Likelihood to Recommend
Catalyst works well, when it works and is very well suited for an ABA environment. But the app development process and the continual list of bug fixes that are never-ending makes this product very hard to recommend.
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For a CFO or a COO to do budgeting and planning, IBM Planning Analytics would be essential. It is a tool that can take in multiple data sources and showcase them in a multidimensional way. If you are looking just for a BI or reporting tool, Planning Analytics would be considered "overkill".
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Pros
  • The GUI is easy to navigate on the iPad mini, which we use for charting.
  • The options are simple so there is very little room for mistakes.
  • Charting is easy and the setup allows for necessary fields that must be completed so charting stays uniform.
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  • Handle very large data volumes.
  • Scale to a large number of users.
  • Not having to compromise on business complexity.
  • It can be run by business users.
  • Availability of highly qualified consultants to support businesses.
  • REST API allows for an open eco system and a variety of solutions to extend the product.
  • Vast integration possibilities.
  • AI-infused engine with IBM Watson.
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Cons
  • The browser closes unexpectedly at times when refreshing the page and you get logged out
  • The incorrect vendor is chosen by Catalyst a few times
  • The Catalyst file is occasionally not placed on time in the folder
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  • sometimes it is hard to produce pixel perfect reports from the Web UI. I know it is not made for this, but still, it'll be great
  • getting in e.g. an Excel file just by drag and drop, and the AI should "understand" what the data is all around
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Likelihood to Renew
No answers on this topic
Since IBM Cognos Express is suitable only for medium data warehouse environment, we are not sure if this tool solves the long term need as the business keeps growing rapidly. So its a 50/50 ratio to renew Express license. But having said that, the components of IBM Cognos Express are also available in other Cognos BI suites like Cognos 10.x version. So we will probably upgrade our environment to IBM Cognos 10.x which comes with more new features.
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Usability
Well.... when it works... it's good. When it doesn't it is very frustrating for our staff.
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IBM Planning Analytics is generally good in terms of functionalities. It can be used reduce time for budget planning, resource planning, demand forecasting, etc. The performance of IBM Planning Analytics is acceptable, but user interface can be improved. It would be good to see new features that allow users to customise the dashboard.
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Support Rating
The support for Catalyst is great and they are usually within the 48 hour response time. There could be a little quicker upload time for invoices that are submitted. They usually show up until the next day on the system and sometimes gives us a stress on time. Overall, the support is quite good
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Although I find the IBM Planning analytics documentation quite time consuming, their support with email and call is something i can term as very considerate and patient, I have had few calls about the features and how i would want to implement them within my projects, and the teams have been super helpful to resolve my issues
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Alternatives Considered
[Catalyst, by EBM Software] is a very easy system to use and is very user friendly. It gives you different ways of researching an invoice and not just one. Catalyst also helps to allow us to research an invoice within seconds and eliminates a lengthy and confusing process. It is a great software for first time users to learn quickly and efficiently.
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For strong technical teams and flexibility IBM Planning Analytics is the way to go. For quicker adoption and less technical teams Anaplan is the best option. If consolidation, financials, and moving from legacy tools are main focus than OneStream will be a really good choice. If deeply invested into SAP already than the SAP BPC will be the best fit to maintain the investment.
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Return on Investment
  • Helps to keep our vendors happy
  • Helps to keep our systems updated
  • Helps to manage our expenses
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  • Much higher degree of accuracy in forecasting with the use of predictive analysis from historical data
  • Dozens of man hours saved in routine processes that are now handled with minimal human interaction
  • One system that holds the "source of truth," consolidating multiple systems together that were only accessible individually before
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ScreenShots

IBM Planning Analytics Screenshots

Screenshot of Workflow managementScreenshot of Income statementScreenshot of Margin analysisScreenshot of Metrics managementScreenshot of Income statementScreenshot of Expense analysis