IBM Planning Analytics

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
IBM Planning Analytics	Score 8.7 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

Editions & Modules

Essentials: $825
per month 5 users
Standard: $1,650
per month 10 users

Offerings

Pricing Offerings
IBM Planning Analytics
Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes

Entry-level Setup Fee

Optional

Additional Details

—

More Pricing Information

Community Pulse
	IBM Planning Analytics
Considered Both Products	IBM Planning Analytics Orpha Harrison Product Owner/Analyst-Developer Experience Chose IBM Planning Analytics It includes Oracle Cloud EPM Planning, Anaplan, and Adaptive Insight before deciding to choose IBM Planning Analytics. We selected Planning Analytics because of its work with complicated and many area models, the capability to work with big amounts of data, and compatibility … Incentivized Helpful? Gisel Bustamante Marketing and Digital Communication Specialist Chose IBM Planning Analytics Other options, namely Anaplan, Oracle ePm Cloud, and SAP Analytics Cloud, were also considered. Anaplan's interface lacked analytical depth. For product design metrics, flexibility was not as good in Oracle ePm Cloud. The final choice was moved by the fact that it was driven … Incentivized Helpful? Astrid Ortega Data Analyst and Risk Assessor Chose IBM Planning Analytics Prior to making the decision to go with IBM Planning Analytics, we had considered such options as Anaplan, Oracle Hyperion, and SAP Analytics Cloud. Despite the collaborative solutions offered by Anaplan and the good connection with other systems by SAP, the superb set of tool … Incentivized Helpful? Zulma Quiroz Corporate Credit Risk Analyst Chose IBM Planning Analytics In this case, Vena and Planful are considered as other products that can be compared with IBM Planning Analytics, but among them, IBM Planning Analytics is more optimal in terms of user interface and integration. Its preconfigure risk assessment model and its format and … Incentivized Helpful? Verified User Director Chose IBM Planning Analytics This was an older verions that was also very good, but the new IBM Planning Analytics is a far better tool that enables better scenario planning or what-if analysis. Incentivized Helpful? Verified User Administrator Chose IBM Planning Analytics IBM PA is like having pivot tables on steroids. Possibilities are endless. Incentivized Helpful? Verified User Consultant Chose IBM Planning Analytics Ability to plan more products, locations, customers Less expensive Client already had IBM PA for FP&A Incentivized Helpful? Verified User Executive Chose IBM Planning Analytics Sandboxing,Integration and Flexibility Incentivized Helpful? Verified User Administrator Chose IBM Planning Analytics IBM Planning Analytics is easier to use and setup for me. Easier to make reports. Works fast Incentivized Helpful? Verified User Professional Chose IBM Planning Analytics Planning Analytics integrates seamlessly with Cognos Analytics to support all aspects of our Financial Reporting against both dimensional (TM1) and relational and ad hoc data sources Incentivized Helpful? Verified User Consultant Chose IBM Planning Analytics cost effective solution Incentivized Helpful? JOSE REFUGIO VELASCO Account Manager Chose IBM Planning Analytics Cognos is a tool that complements IBM Planning Analytics, allowing us to design dashboards and management reports Helpful? James Downey General Manager Chose IBM Planning Analytics Why IBM Planning Analytics when compared to Oracle Hyperion: Better excel integration Less data movement and duplication Better cloud offering More aforeable licensing Helpful? AT Ann-Grete Tan Chief Strategy Officer Chose IBM Planning Analytics IBM Planning Analytics with Watson will be up and running more quickly and be easier to maintain if modeling flexibility, scale, and the ability to plan at greater levels of detail are important requirements. Incentivized Helpful? Shivam Sharma Consultant Chose IBM Planning Analytics Compare to its competition it has good visual and graphical interface that helps to customized according to user needs. It helps to apply the best possible algorithm according to different model scenario that provides the best possible results. Predictive forecasting and AI … Helpful? Verified User Analyst Chose IBM Planning Analytics I am personally trying to explore the features of SAP Analytics Cloud in order to find if it's possible to integrate other sources of data and api based integrations, but I'm still on it while using the IBM planning analytics for my project currently. But looking at the intial … Incentivized Helpful? Diego Santos CEO (Chief Executive Officer) Chose IBM Planning Analytics I worked with Hyperion a long time ago. It was not a Oracle product yet. One great feature of this solution that was really great at the time, was the modeling process of ir, with a very robust engine for sparse cubes. the performance was excellent at the time. But today I can … Incentivized Helpful? Verified User Consultant Chose IBM Planning Analytics IBM Planning Analytics with Watson is much more flexible and scalable in comparison. IBM PAW is the clear winner for our organization's successful planning and analysis needs. Incentivized Helpful? Verified User Consultant Chose IBM Planning Analytics Anaplan does not handle sparsity; this is very problematic for large volume data sets (many 0's). There also are limitations to the number of dimensions that can be used in a module. If more dimensions are required, then separate modules need to be built and intertwined. IBM PA … Incentivized Helpful? Jason Andrea Project Manager Chose IBM Planning Analytics Because of its ability in planning, budgeting and forecasting or work progress.it has made it easy in driving sales hence profitability and lowering costs,also with ability to forecast the decision making has never been made this easier. The reasons for selecting are on its … Incentivized Helpful?

Features

IBM Planning Analytics

BI Standard Reporting

Comparison of BI Standard Reporting features of Product A and Product B
	IBM Planning Analytics 9.8 90 Ratings 25% above category average
Pixel Perfect reports	9.879 Ratings
Customizable dashboards	9.890 Ratings
Report Formatting Templates	9.784 Ratings

Ad-hoc Reporting

Comparison of Ad-hoc Reporting features of Product A and Product B
	IBM Planning Analytics 9.8 96 Ratings 18% above category average
Drill-down analysis	9.893 Ratings
Formatting capabilities	9.795 Ratings
Integration with R or other statistical packages	9.871 Ratings
Report sharing and collaboration	9.792 Ratings

Report Output and Scheduling

Comparison of Report Output and Scheduling features of Product A and Product B
	IBM Planning Analytics 9.5 90 Ratings 14% above category average
Publish to Web	9.985 Ratings
Publish to PDF	9.984 Ratings
Report Versioning	9.983 Ratings
Report Delivery Scheduling	8.475 Ratings

Data Discovery and Visualization

Comparison of Data Discovery and Visualization features of Product A and Product B
	IBM Planning Analytics 9.3 92 Ratings 20% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)	9.892 Ratings
Location Analytics / Geographic Visualization	9.886 Ratings
Predictive Analytics	9.882 Ratings
Pattern Recognition and Data Mining	7.915 Ratings

Access Control and Security

Comparison of Access Control and Security features of Product A and Product B
	IBM Planning Analytics 9.6 96 Ratings 10% above category average
Multi-User Support (named login)	9.894 Ratings
Role-Based Security Model	9.895 Ratings
Multiple Access Permission Levels (Create, Read, Delete)	9.896 Ratings
Report-Level Access Control	8.420 Ratings
Single Sign-On (SSO)	9.888 Ratings

Mobile Capabilities

Comparison of Mobile Capabilities features of Product A and Product B
	IBM Planning Analytics 7.6 83 Ratings 3% below category average
Responsive Design for Web Access	6.182 Ratings
Mobile Application	8.046 Ratings
Dashboard / Report / Visualization Interactivity on Mobile	7.855 Ratings

Budgeting, Planning, and Forecasting

Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
	IBM Planning Analytics 9.8 102 Ratings 17% above category average
Long-term financial planning	9.898 Ratings
Financial budgeting	9.8101 Ratings
Forecasting	9.8102 Ratings
Scenario modeling	9.7101 Ratings
Management reporting	9.8101 Ratings

Consolidation and Close

Comparison of Consolidation and Close features of Product A and Product B
	IBM Planning Analytics 9.8 95 Ratings 21% above category average
Financial data consolidation	9.791 Ratings
Journal entries and reports	9.883 Ratings
Multi-currency management	9.884 Ratings
Intercompany Eliminations	9.883 Ratings
Minority Ownership	9.875 Ratings
Local and consolidated reporting	9.887 Ratings
Detailed Audit Trails	9.789 Ratings

Financial Reporting and Compliance

Comparison of Financial Reporting and Compliance features of Product A and Product B
	IBM Planning Analytics 9.4 96 Ratings 15% above category average
Financial Statement Reporting	9.892 Ratings
Management Reporting	9.893 Ratings
Excel-based Reporting	9.895 Ratings
Automated board and financial reporting	9.785 Ratings
XBRL support for regulatory filing	8.161 Ratings

Analytics and Reporting

Comparison of Analytics and Reporting features of Product A and Product B
	IBM Planning Analytics 9.5 98 Ratings 17% above category average
Personalized dashboards	9.797 Ratings
Color-coded scorecards	9.892 Ratings
KPIs	9.895 Ratings
Cost and profitability analysis	9.893 Ratings
Key Performance Indicator setting	9.894 Ratings
Benchmarking with external data	8.165 Ratings

Integration

Comparison of Integration features of Product A and Product B
	IBM Planning Analytics 9.8 97 Ratings 16% above category average
Flat file integration	9.894 Ratings
Excel data integration	9.995 Ratings
Direct links to 3rd-party data sources	9.886 Ratings

Best Alternatives
	IBM Planning Analytics
Small Businesses	No answers on this topic
Medium-sized Companies	Centage Score 9.4 out of 10
Enterprises	OneStream Score 8.8 out of 10
All Alternatives	View all alternatives

User Ratings
	IBM Planning Analytics
Likelihood to Recommend	8.9 (108 ratings)
Likelihood to Renew	9.1 (5 ratings)
Usability	9.7 (73 ratings)
Support Rating	9.7 (97 ratings)
Product Scalability	9.1 (1 ratings)

User Testimonials
	IBM Planning Analytics
Likelihood to Recommend	IBM Very powerful modeling capabilities. It has a really good OLAP engine memory. Strong scenario planning for what if analysis. Flexibility of integration with ERPs or WM systems for both cloud and on premises. Centralized planning and alignment of governance is also a plus. Having one single system for many different functions. Incentivized Verified User Anonymous Read full review
Pros	IBM 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. Incentivized Verified User Anonymous Read full review
Cons	IBM 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 Incentivized Verified User Anonymous Read full review
Likelihood to Renew	IBM 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. Verified User Anonymous Read full review
Usability	IBM 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. Incentivized Verified User Anonymous Read full review
Support Rating	IBM IBM support has been very quick to respond and handle the very few issues we've had. We've had a third-party who partners with IBM to be our consulting team which has helped greatly reduce the need for us to contact IBM directly. I highly recommend researching and selecting a well-respected partner to help with an implementation as well as ongoing support as needed. Incentivized Verified User Anonymous Read full review
Alternatives Considered	IBM As it is related to MS Excel, IBM Planning Analytics is a much more robust and complete solution for the CFO or COO in mind. Oracle Hyperion stacks up nicely against IBM Planning Analytics. However, IBM's investment in AI allows Planning Analytics users more options and speed. PC Patrick Cooper BI Consultant Read full review
Return on Investment	IBM Automate direct data connections to multiple data sources One secured version of the the truth (for data and formulas) Ability to scale to much more detailed planning with option to create predictive forecasts at detail Business user friendly with powerful Excel integration Very flexible and powerful modeling, can handle custom modeling needs at scale Can make the same data available across finance and ops, but at the level of details and timeline that makes sense for them Incentivized AT Ann-Grete Tan Chief Strategy Officer Read full review
ScreenShots	IBM Planning Analytics Screenshots