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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    IBM Planning Analytics

    Score8.8 out of 10
    N/AIBM 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

    Microsoft Power BI

    Score8.5 out of 10
    N/AMicrosoft Power BI is a visualization and data discovery tool from Microsoft. It allows users to convert data into visuals and graphics, visually explore and analyze data, collaborate on interactive dashboards and reports, and scale across their organization with built-in governance and security.

    $10

    per month per user

    Pricing
    IBM Planning AnalyticsMicrosoft Power BI
    Editions & Modules
    Essentials
    $825
    per month 5 users
    Standard
    $1,650
    per month 10 users
    No answers on this topic
    Offerings
    Pricing Offerings
    IBM Planning AnalyticsMicrosoft Power BI
    Free Trial
    YesYes
    Free/Freemium Version
    YesYes
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    IBM Planning AnalyticsMicrosoft Power BI
    Considered Both Products
    IBM
    Chose IBM Planning Analytics
    SAP Business Objects for dashboards development
    Microsoft Power BI
    Both above have possibility to connect to the MS SQL and present SQL data collection
    Incentivized
    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
    Chose IBM Planning Analytics
    IBM PA is like having pivot tables on steroids. Possibilities are endless.
    Incentivized
    Chose IBM Planning Analytics
    IBM Planning Analytics is easier to use and setup for me. Easier to make reports. Works fast
    Incentivized
    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
    Incentivized
    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
    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
    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
    Chose IBM Planning Analytics
    IBM Planning Analytics was by far the most robust tool we evaluated among several top competitors. It stood out for its place in the industry to provide detailed, integrated, and aggregate integration for data governance. I was impressed with the approach from the sales team to …
    Incentivized
    Chose IBM Planning Analytics
    Better functionality in terms of performance, Excel integration, user volume handling, cloud, and on-premise deployments.
    Incentivized
    Microsoft
    No answer on this topic
    Key User Insights
    Would buy again
    99%
    Would buy again
    95 Answers
    95%
    Would buy again
    101 Answers
    Delivers good value for the price
    98%
    Delivers good value for the price
    86 Answers
    99%
    Delivers good value for the price
    96 Answers
    Happy with the feature set
    97%
    Happy with the feature set
    93 Answers
    97%
    Happy with the feature set
    103 Answers
    Lived up to sales and marketing promises
    97%
    Lived up to sales and marketing promises
    70 Answers
    98%
    Lived up to sales and marketing promises
    63 Answers
    Implementation went as expected
    93%
    Implementation went as expected
    80 Answers
    94%
    Implementation went as expected
    67 Answers
    Features
    IBM Planning AnalyticsMicrosoft Power BI
    BI Standard Reporting
    Comparison of BI Standard Reporting features of IBM Planning Analytics and Microsoft Power BI
    Feature
    IBM Planning Analytics
    9.7
    90 Ratings
    24% above category average
    Microsoft Power BI
    8.8
    140 Ratings
    8% above category average
    Pixel Perfect reports9.879 Ratings8.5120 Ratings
    Customizable dashboards9.790 Ratings10.0140 Ratings
    Report Formatting Templates9.784 Ratings8.0128 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of IBM Planning Analytics and Microsoft Power BI
    Feature
    IBM Planning Analytics
    9.7
    96 Ratings
    17% above category average
    Microsoft Power BI
    8.2
    140 Ratings
    2% above category average
    Drill-down analysis9.893 Ratings7.0139 Ratings
    Formatting capabilities9.795 Ratings9.0138 Ratings
    Integration with R or other statistical packages9.871 Ratings8.0103 Ratings
    Report sharing and collaboration9.792 Ratings9.0135 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of IBM Planning Analytics and Microsoft Power BI
    Feature
    IBM Planning Analytics
    9.5
    90 Ratings
    14% above category average
    Microsoft Power BI
    8.6
    134 Ratings
    3% above category average
    Publish to Web9.985 Ratings8.0129 Ratings
    Publish to PDF9.984 Ratings9.0122 Ratings
    Report Versioning9.983 Ratings9.0102 Ratings
    Report Delivery Scheduling8.475 Ratings8.0104 Ratings
    Delivery to Remote Servers00 Ratings9.074 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of IBM Planning Analytics and Microsoft Power BI
    Feature
    IBM Planning Analytics
    9.3
    92 Ratings
    20% above category average
    Microsoft Power BI
    8.7
    136 Ratings
    9% above category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)9.892 Ratings9.0131 Ratings
    Location Analytics / Geographic Visualization9.886 Ratings8.0122 Ratings
    Predictive Analytics9.882 Ratings9.0102 Ratings
    Pattern Recognition and Data Mining7.815 Ratings9.01 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of IBM Planning Analytics and Microsoft Power BI
    Feature
    IBM Planning Analytics
    9.5
    96 Ratings
    9% above category average
    Microsoft Power BI
    8.6
    127 Ratings
    1% above category average
    Multi-User Support (named login)9.894 Ratings9.0121 Ratings
    Role-Based Security Model9.895 Ratings9.0102 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)9.896 Ratings10.0111 Ratings
    Report-Level Access Control8.420 Ratings7.01 Ratings
    Single Sign-On (SSO)9.888 Ratings8.394 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of IBM Planning Analytics and Microsoft Power BI
    Feature
    IBM Planning Analytics
    7.6
    83 Ratings
    3% below category average
    Microsoft Power BI
    8.0
    117 Ratings
    2% above category average
    Responsive Design for Web Access6.182 Ratings8.0111 Ratings
    Mobile Application7.946 Ratings7.793 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile7.855 Ratings7.7112 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of IBM Planning Analytics and Microsoft Power BI
    Feature
    IBM Planning Analytics
    9.8
    102 Ratings
    17% above category average
    Microsoft Power BI
    -
    Ratings
    Long-term financial planning9.898 Ratings00 Ratings
    Financial budgeting9.8101 Ratings00 Ratings
    Forecasting9.8102 Ratings00 Ratings
    Scenario modeling9.7101 Ratings00 Ratings
    Management reporting9.7101 Ratings00 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of IBM Planning Analytics and Microsoft Power BI
    Feature
    IBM Planning Analytics
    9.8
    95 Ratings
    21% above category average
    Microsoft Power BI
    -
    Ratings
    Financial data consolidation9.791 Ratings00 Ratings
    Journal entries and reports9.883 Ratings00 Ratings
    Multi-currency management9.884 Ratings00 Ratings
    Intercompany Eliminations9.883 Ratings00 Ratings
    Minority Ownership9.875 Ratings00 Ratings
    Local and consolidated reporting9.887 Ratings00 Ratings
    Detailed Audit Trails9.789 Ratings00 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of IBM Planning Analytics and Microsoft Power BI
    Feature
    IBM Planning Analytics
    9.4
    96 Ratings
    15% above category average
    Microsoft Power BI
    -
    Ratings
    Financial Statement Reporting9.892 Ratings00 Ratings
    Management Reporting9.893 Ratings00 Ratings
    Excel-based Reporting9.895 Ratings00 Ratings
    Automated board and financial reporting9.785 Ratings00 Ratings
    XBRL support for regulatory filing8.161 Ratings00 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of IBM Planning Analytics and Microsoft Power BI
    Feature
    IBM Planning Analytics
    9.5
    98 Ratings
    18% above category average
    Microsoft Power BI
    -
    Ratings
    Personalized dashboards9.797 Ratings00 Ratings
    Color-coded scorecards9.892 Ratings00 Ratings
    KPIs9.895 Ratings00 Ratings
    Cost and profitability analysis9.893 Ratings00 Ratings
    Key Performance Indicator setting9.894 Ratings00 Ratings
    Benchmarking with external data8.165 Ratings00 Ratings
    Integration
    Comparison of Integration features of IBM Planning Analytics and Microsoft Power BI
    Feature
    IBM Planning Analytics
    9.8
    97 Ratings
    16% above category average
    Microsoft Power BI
    -
    Ratings
    Flat file integration9.894 Ratings00 Ratings
    Excel data integration9.895 Ratings00 Ratings
    Direct links to 3rd-party data sources9.886 Ratings00 Ratings
    Application Program Interfaces (APIs) / Embedding
    Comparison of Application Program Interfaces (APIs) / Embedding features of IBM Planning Analytics and Microsoft Power BI
    Feature
    IBM Planning Analytics
    -
    Ratings
    Microsoft Power BI
    8.4
    80 Ratings
    8% above category average
    REST API00 Ratings8.072 Ratings
    Javascript API00 Ratings9.956 Ratings
    iFrames00 Ratings8.055 Ratings
    Java API00 Ratings8.046 Ratings
    Themeable User Interface (UI)00 Ratings8.163 Ratings
    Customizable Platform (Open Source)00 Ratings8.444 Ratings
    Best Alternatives
    IBM Planning AnalyticsMicrosoft Power BI
    Small Businesses
    No answers on this topic
    Cyfe
    Score8.8 out of 10
    Medium-sized Companies
    Centage
    Score9.4 out of 10
    Zendesk Explore
    Score8.7 out of 10
    Enterprises
    Oracle Fusion Cloud Enterprise Performance Management
    Score10 out of 10
    Jaspersoft Community Edition
    Score9.7 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    IBM Planning AnalyticsMicrosoft Power BI
    Likelihood to Recommend
    8.9
    (108 ratings)
    8.5
    (142 ratings)
    Likelihood to Renew
    9.1
    (5 ratings)
    9.0
    (2 ratings)
    Usability
    9.7
    (73 ratings)
    7.9
    (58 ratings)
    Support Rating
    9.7
    (97 ratings)
    10.0
    (53 ratings)
    Implementation Rating
    -
    (0 ratings)
    9.0
    (1 ratings)
    Data Sharing and Collaboration
    9.0
    (3 ratings)
    8.5
    (82 ratings)
    Data Sources
    9.0
    (3 ratings)
    9.0
    (81 ratings)
    Product Scalability
    9.1
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    IBM Planning AnalyticsMicrosoft Power BI
    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
    Read full review
    Microsoft
    Has significantly improved collation of data and visualisation especially with business across Europe. Has given me the ability to see the Site availability at the click of a button to see which Site is in the "money" and seize opportunities based on Market data
    Incentivized
    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
    Read full review
    Microsoft
    • Options for data source connections are immense. Not just which sources, but your options for *how* the data is brought in.
    • Constant updates (this is both good and bad at times).
    • User friendliness. I can get the data connections set up and draft some quick visuals, then release to the target audience and let them expand on it how they want to.
    Incentivized
    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
    Read full review
    Microsoft
    • It would be easier for users could Microsoft Power BI and Excel used the same programming languages.
    • Would like to see the online version of Microsoft Power BI be as powerful as the desktop version.
    • Publishing a Microsoft Power BI file online and then having to save the file is somewhat redundant.
    • Would like to export each page or chart as an image.
    Incentivized
    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.
    Read full review
    Microsoft
    Microsoft Power BI is an excellent and scalable tool. It has a learning curve, but once you get past that, the sky is the limit and you can build from the most simple to the most complex dashboards. I have built everything from simple reports with only a few data points to complex reports with many pages and advanced filtering.
    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
    Read full review
    Microsoft
    Automating reporting has reduced manual data processing by 50-70%, freeing up analysts for higher-value tasks. A finance team that previously spent 20+ hours per week on Excel-based reports now does it in minutes with Microsoft Power BI's automated Real-time dashboards have shortened decision cycles by 30-40%, enabling leadership to react quickly to sales trends, operational bottlenecks, and customer behavior.
    Incentivized
    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
    Read full review
    Microsoft
    It is a fantastic tool, you can do almost everything related with data and reports, it is a perfect substitutive of Power Point and Excel with a high evolution and flexibility, and also it is very friendly and easy to share. I think all companies should have Power BI (or other BI tool) in their software package and if they are in the MS Suite, for sure Power BI should be the one due to all the benefits of the MS ecosystem.
    Incentivized
    Read full review
    Implementation Rating
    IBM
    No answers on this topic
    Microsoft
    It was integrated with our erp easily and was accessible on cloud.
    Incentivized
    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.
    Read full review
    Microsoft
    Microsoft Power BI is free. If I didn't want to create a custom platform (i.e. my organization insisted on an existing platform that I *had* to use), I'd use Microsoft Power BI. For any start-up or SMB, I'd just use Claude & Grok to build it quickly, also for free. Would not pay for Tableau or Sigma anymore. Not worth it at all.
    Incentivized
    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
    Read full review
    Microsoft
    • Power BI usage reduced the effort of analytical reports creation by about 80%
    • Empowered all the level of employee to be more vigilant of the data and business insights, gained the profit of 8% overall.
    • AI-powered predictive analytics improved forecasting accuracy by 17%, that topped the overall sales.
    Incentivized
    Read full review
    ScreenShots

    IBM Planning Analytics Screenshots

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

    Microsoft Power BI Screenshots

    Screenshot of Microsoft Power BI - Turns insights into impact for business usersScreenshot of Power BI integrates easily with Microsoft 365Screenshot of Microsoft Power BI - AI-Powered CapabilitiesScreenshot of Microsoft Power BI - Copilot can be used to create reportsScreenshot of Microsoft Power BI - Data HubScreenshot of Microsoft Power BI - Scales as organizational needs grow