IBM Planning Analytics vs. SAP Profitability and Performance Management

Overview
ProductRatingMost Used ByProduct SummaryStarting 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
SAP Profitability and Performance Management
Score 5.9 out of 10
N/A
SAP Profitability and Performance Management promises to help optimize business performance and improve the bottom line. The vendor says key capabilities include: Build, maintain, and utilize sophisticated business and financial models that support multiple allocation methods for costs and revenue, for superior profitability modelling and optimization. Empower finance and business teams with actionable insights from sophisticated models such as profitability and cost…N/A
Pricing
IBM Planning AnalyticsSAP Profitability and Performance Management
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 AnalyticsSAP Profitability and Performance Management
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeOptionalRequired
Additional Details
More Pricing Information
Community Pulse
IBM Planning AnalyticsSAP Profitability and Performance Management
Features
IBM Planning AnalyticsSAP Profitability and Performance Management
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
SAP Profitability and Performance Management
9.7
1 Ratings
24% above category average
Pixel Perfect reports9.879 Ratings10.01 Ratings
Customizable dashboards9.790 Ratings10.01 Ratings
Report Formatting Templates9.784 Ratings9.01 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
SAP Profitability and Performance Management
9.5
2 Ratings
15% above category average
Drill-down analysis9.893 Ratings10.02 Ratings
Formatting capabilities9.795 Ratings9.02 Ratings
Integration with R or other statistical packages9.871 Ratings10.01 Ratings
Report sharing and collaboration9.792 Ratings9.01 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
SAP Profitability and Performance Management
9.3
1 Ratings
12% above category average
Publish to Web9.985 Ratings10.01 Ratings
Publish to PDF9.984 Ratings9.01 Ratings
Report Versioning9.983 Ratings9.01 Ratings
Report Delivery Scheduling8.475 Ratings9.01 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
SAP Profitability and Performance Management
9.7
2 Ratings
24% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)9.892 Ratings10.02 Ratings
Location Analytics / Geographic Visualization9.886 Ratings9.02 Ratings
Predictive Analytics9.882 Ratings10.01 Ratings
Pattern Recognition and Data Mining7.915 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
IBM Planning Analytics
9.5
96 Ratings
9% above category average
SAP Profitability and Performance Management
9.7
2 Ratings
11% above category average
Multi-User Support (named login)9.894 Ratings10.02 Ratings
Role-Based Security Model9.895 Ratings9.02 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.896 Ratings10.02 Ratings
Report-Level Access Control8.420 Ratings00 Ratings
Single Sign-On (SSO)9.888 Ratings10.02 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
SAP Profitability and Performance Management
9.8
1 Ratings
22% above category average
Responsive Design for Web Access6.182 Ratings10.01 Ratings
Mobile Application8.046 Ratings9.01 Ratings
Dashboard / Report / Visualization Interactivity on Mobile7.855 Ratings10.01 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
SAP Profitability and Performance Management
9.8
2 Ratings
17% above category average
Long-term financial planning9.898 Ratings10.02 Ratings
Financial budgeting9.8101 Ratings10.02 Ratings
Forecasting9.8102 Ratings10.02 Ratings
Scenario modeling9.7101 Ratings9.02 Ratings
Management reporting9.8101 Ratings10.02 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
SAP Profitability and Performance Management
9.7
2 Ratings
20% above category average
Financial data consolidation9.791 Ratings10.01 Ratings
Journal entries and reports9.883 Ratings9.02 Ratings
Multi-currency management9.884 Ratings10.02 Ratings
Intercompany Eliminations9.883 Ratings10.01 Ratings
Minority Ownership9.875 Ratings10.01 Ratings
Local and consolidated reporting9.887 Ratings10.01 Ratings
Detailed Audit Trails9.789 Ratings9.02 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
SAP Profitability and Performance Management
9.4
2 Ratings
15% above category average
Financial Statement Reporting9.892 Ratings10.01 Ratings
Management Reporting9.893 Ratings9.02 Ratings
Excel-based Reporting9.895 Ratings9.02 Ratings
Automated board and financial reporting9.785 Ratings10.01 Ratings
XBRL support for regulatory filing8.161 Ratings9.01 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
SAP Profitability and Performance Management
9.7
2 Ratings
19% above category average
Personalized dashboards9.797 Ratings10.01 Ratings
Color-coded scorecards9.892 Ratings9.01 Ratings
KPIs9.895 Ratings10.02 Ratings
Cost and profitability analysis9.893 Ratings10.02 Ratings
Key Performance Indicator setting9.894 Ratings9.01 Ratings
Benchmarking with external data8.165 Ratings10.02 Ratings
Integration
Comparison of Integration features of Product A and Product B
IBM Planning Analytics
9.8
97 Ratings
16% above category average
SAP Profitability and Performance Management
9.7
2 Ratings
15% above category average
Flat file integration9.894 Ratings9.02 Ratings
Excel data integration9.995 Ratings10.02 Ratings
Direct links to 3rd-party data sources9.886 Ratings10.02 Ratings
Best Alternatives
IBM Planning AnalyticsSAP Profitability and Performance Management
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
Centage
Centage
Score 9.4 out of 10
Centage
Centage
Score 9.4 out of 10
Enterprises
OneStream
OneStream
Score 8.8 out of 10
OneStream
OneStream
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IBM Planning AnalyticsSAP Profitability and Performance Management
Likelihood to Recommend
8.9
(108 ratings)
10.0
(2 ratings)
Likelihood to Renew
9.1
(5 ratings)
-
(0 ratings)
Usability
9.7
(73 ratings)
-
(0 ratings)
Support Rating
9.7
(97 ratings)
7.0
(1 ratings)
Product Scalability
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
IBM Planning AnalyticsSAP Profitability and Performance Management
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.
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SAP
SAP Profitability and Performance is well suited in an organization/scenario where it aims to grow their profitability and optimize their business performance. It will offer strong financial analytics that are applicable in modern organizations and it will assure improved performance and enable purposeful marketing of your goods/services at prevailing profitable rate.
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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.
Read full review
SAP
  • Data enrichment (complex joins, lookups, and derivations).
  • Complex allocations and calculations.
  • Operates at a very high speed without disrupting the host HANA environment.
  • Connectivity to BW HANA and BPC.
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
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SAP
  • We were forced to train some of our staff a bit as they faced various hurdles before getting familiar with the platform and using it efficiently.
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
SAP
No answers on this topic
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.
Read full review
SAP
No answers on this topic
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.
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SAP
We did get excellent support from SAP during our implementation project. We will see about the SAP support over the long term.
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
SAP
No answers on this topic
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
Read full review
SAP
  • Helps us make sound decisions that positively impact our future.
  • Has simplified our financial planning process in our organization.
  • Our portfolio has doubled and grown immensely.
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

SAP Profitability and Performance Management Screenshots

Screenshot of SAP Profitability and Performance Management offers a user-friendly environment for modeling, analysis and reporting.Screenshot of SAP Profitability and Performance Management Modeling Environment: Allocating Products and Service Costs to Customers.Screenshot of SAP Profitability and Performance Management Modeling Environment: Cost Allocation Flow Diagram.Screenshot of Reporting and Simulation in SAP Profitability and Performance Management: Profitability and Cost Management Report.Screenshot of Reporting dashboard in SAP Profitability and Performance Management.Screenshot of Value and Cost Flow Trace Visualization in SAP Profitability and Performance Management: Value Flow Diagram.