IBM Planning Analytics Information Reviews & Insights

Score8.8 out of 10

263 Reviews and Ratings

Community insights

TrustRadius Insights for IBM Planning Analytics are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.

Pros

Flexibility and Customization: Users have appreciated the product's flexibility, noting that it can easily be customized to suit various business needs. They find this adaptability beneficial for tailoring the software to specific requirements and processes within their organizations.

Integration with Excel: Many reviewers have highlighted the integration with Excel as a key feature, especially for Finance organizations. This seamless connection is seen as vital as it serves as a foundation for numerous financial operations and data management tasks.

Efficient Automation: The automation of manual planning, budgeting, and forecasting processes has been praised by users for saving time and increasing efficiency. By automating these tasks, businesses can streamline their workflows and allocate resources more effectively.

IBM Planning Analytics Reviews

16 Reviews

InformationComputer Software11Computer Networking1Telecommunications1Information Services2Writing & Editing1

IBM Planning Analytics

Rating: 9 out of 10

Incentivized

October 15, 2025

Use Cases and Deployment Scope

The interface is good, it speeds my work. I also like the supply-chain integration. We are using for several project tracking. My company is migrating many tools, software and the budget resource, time invested, tools and support cost, training, etc all is tracked and planned through this. It provide higher management clear view of the progress made in turned of achievement v/s money invested so far.

Pros

Demand forecasting and pricing optimization
Multi dimensional data
Give better picture

Cons

Step learning curve
Complex initial setup
Time consuming maintenance

Likelihood to Recommend

IBM Planning Analytics is a real-time, accurate financial and operational analysis, scalability to handle large datasets and enterprise-wide growth, flexibility and ease of use through familiar interfaces like Excel and a web-based workspace which is makes life easy for project manager and VPs.
It make decision making simpler. It also offers comprehensive data integration from various sources.

Verified User

Administrator in Information Technology (Telecommunications company, 5001-10,000 employees)

Vetted Review

2 years of experience

IBM Planning Analytics, a very advanced and useful tool for financial reporting.

Rating: 10 out of 10

Incentivized

September 12, 2023

Use Cases and Deployment Scope

I use IBM Planning Analytics to implement complex solutions for other companies. It is a very useful and dynamic solution that allows for flexibility within the model. Many companies with large amounts of data have a problem within their business analyzing data. IBM Planning Analytics helps to see the data in a format that is easy to comprehend and understand.

Pros

Data Analysis
Financial Reporting
Data Management

Cons

Training
Easy of use for non technical users
Dashboarding

Likelihood to Recommend

The best scenario for IBM Planning Analytics is loading data into the application and analyzing and reporting on the data at a high level. TM1 allows for a variety of ways for users to see and understand their data which is extremely helpful. I think that for smaller scale models or simplistic scenarios it is not as appropriate or useful.

Verified User

Analyst in Finance and Accounting (Computer Software company, 51-200 employees)

Vetted Review

4 years of experience

Best tool on the market, known for its performance

Rating: 10 out of 10

Incentivized

December 27, 2022

Use Cases and Deployment Scope

Implemented for HR, for Finance and Supply Chain. If well implemented the value is priceless for the company

Pros

Reporting
Data crunching

Cons

More custumable web interface ?
Expansive

Likelihood to Recommend

Well suited for scenarios, planning budgeting.

Verified User

Consultant in Engineering (Computer Software company, 51-200 employees)

Vetted Review

4 years of experience

The ultimate solution for contribution and consolidation in budget cycles.

Rating: 9 out of 10

Incentivized

December 2, 2022

Use Cases and Deployment Scope

I use the Planning Analytics with Watson platform to consolidate contributions from the various areas of client companies, accelerating the process of collecting and processing the information necessary for each budget cycle. With the application of the Planning Analytics with Watson platform, I can gather all the business rules necessary for the preparation of financial statements in a single repository.

Pros

Elaboration of several scenarios and the option to adopt them when validated.
High-speed data processing.
Flexibility to apply business rules.

Cons

Information search engine for cube data.
Mechanism for promoting artifacts from non-productive environments to the productive environment.
Documentation generator.

Likelihood to Recommend

The Planning Analytics with Watson platform is recommended for companies that need to collect information from several areas and/or need to process complex consolidations in large volumes of data. It is a platform that manages to store all business rules in a single repository, in addition to eliminating technology infrastructure costs.

Clean Gontijo

Sócio Fundador in Information Technology at JDC Consultoria em Informatica Ltda (Computer Software, 51-200 employees)

Vetted Review

Reseller

10 years of experience

View profile

Best Solution for business planning

Rating: 8 out of 10

Incentivized

September 29, 2022

Use Cases and Deployment Scope

This solution saves our time and money by eliminating the need of planning business manually. Truly speaking that business planning should be fast, straightforward, and continuous, and in order to meet these expectations, this solution comes in handy.

Its AI-based features overcome the limits of manual planning. Basically, we have a lot of business data in our ecosystem and we divide our business plan into categories to generate more accurate results.

So with IBM Planning Analytics solution allows us to do so on one single platform where we can manage things with accuracy, and without delay. Also, we can forecast the data to accelerate decision-making in the future.

Pros

This solution allows to break down the business ideas so we can create more accurate plans for FP&A (Financial Planning & Analysis), sales, and supply chain
Data Forecasting improves the decision-making for future.
Seamlessly deployable on premises.

Cons

It could be improved more by adding additional AI features.

Likelihood to Recommend

This solution is well suited for large businesses where trillions of data are generated every day.
It solves the problem of organizing the heavy data in a structured manner so that it becomes easy to understand and manage things in less time.

Chirag Soni

Software Engineer in Engineering at Oracle Cerner (Computer Software, 1001-5000 employees)

Vetted Review

4 years of experience

Robust and Perfect tool for forecasting

Rating: 10 out of 10

Incentivized

September 28, 2022

Use Cases and Deployment Scope

IBM Planning Analytics with Watson can handle large model of dataset and provide strong data analysis capabilities, it also helps us to create perfect report with lots of data visualization elements that makes impactful reports. In a simple words it's a robust software that gives us the power of forecasting.

Pros

Budgeting and forecasting
Data Visualization

Cons

Require in-depth documentation and support

Likelihood to Recommend

We are using IBM Planning Analytics with Watson to gets more relevant and strong insight of data to make better understand and clear decision. It provides us enhanced excel functions to to get better insight.

Verified User

Analyst in Marketing (Writing & Editing company, 1-10 employees)

Vetted Review

1 year of experience

Flexible planning tool

Rating: 8 out of 10

Incentivized

July 16, 2022

Use Cases and Deployment Scope

Mostly for financial planning use cases in controlling departments. However IBM Planning Analytics with Watson is quite flexible for planning in other domains such as Sales, Cost planning and allocation or emission planning and optimization.

Pros

Flexibility
Visualisation
Business Rules

Cons

Versioning
Weak built-in workflow
Notifications

Likelihood to Recommend

Great for various use cases where company wants to customize model/process/workflow to its needs. Other products usually won't provide such room for modification of out-of-the-box features. You can experience difficulties if your planning use case requires to plan on item level (employees, investments).

Petr Sládek

Senior Consultant in Professional Services at Adastra Česká republika (Information Services, 501-1000 employees)

Vetted Review

9 years of experience

View profile

IBM Planning Analytics, most robust and versatile tool.

Rating: 8 out of 10

Incentivized

June 20, 2022

Use Cases and Deployment Scope

We were looking for a tool to make sales forecasts and a centralized solution to collect consultant time sheets to forecast and monitor billable resources. The solution must be able to manage multi hierarchies architecture and real-time simulation

Pros

Data collection and Excel interface
Real time simulation and forecasting
large data volume of data calculation

Cons

Reporting capabilities
Report Bursting

Likelihood to Recommend

Planning Analytics is the perfect solution for financial and operational reporting, forecasting, and planning needs. With its engine, we have been able to design the business rules that we needed and were able to make them evolve to keep them up to date.

Thomas Leduc

Sales Manager in Sales at Aexis France (Computer Software, 51-200 employees)

Vetted Review

11 years of experience

Make Data-Driven Decisions by Improving Budgeting, Planning and Forecasting with IBM PAW

Rating: 9 out of 10

Incentivized

December 14, 2021

Use Cases and Deployment Scope

I use IBM Planning Analytics with Watson in two different organizations to analyze accounts and manage finances with predictive and analytic intelligence capabilities. IBM Planning Analytics with Watson helped me successfully integrate financial and operational plans across our firm.

Pros

IBM Planning Analytics with Watson eradicated error-prone spreadsheets and manual procedures when undertaking corporate planning processes.
With IBM Planning Analytics with Watson, it is effective to make on-the-moment determinations, pivot in real-time, and improve performance with AI-Infused capabilities.
IBM Planning Analytics with Watson has accelerated the planning, forecasting, and budgeting processes hence always getting a clear view of our financial standing in real-time.

Cons

For IBM Planning Analytics with Watson to offer robust BI tools that can suit all the needs for all types [of] organizations, it requires to be integrated with external business intelligence tools such as Microsoft BI.

Likelihood to Recommend

As Senior Account Executive, I have gained a lot with IBM Planning Analytics with Watson when carrying out financial analysis. It has infused predictive insights, AI, and advanced analytics which allows me to present dynamic and accurate budgets, forecasts, and plans rapidly to [the] Chief Account Officer.

Austin Cooper

Senior Account Executive in Finance and Accounting at Gigg (Computer Software, 11-50 employees)

Vetted Review

2 years of experience

IBM PAW is undoubtedly one of the best planning tools available in the market

Rating: 9 out of 10

Incentivized

December 1, 2021

Use Cases and Deployment Scope

We used IBM PAW for the planning and analysis of Sales ROI, Financial Planning, Budgeting and Forecasting. It helped us to make better business decisions regarding our current and future investments. We also used PAW for inventory planning and forecasting, which helped us to reduce a lot of inventory costs and improve our ROI.

Pros

Natural language processing.
Predictive analytics.
Financial planning.

Cons

Documentation and tutorials.
Pricing.
Speed of implementation.

Likelihood to Recommend

It is best suited for budgeting and forecasting process because of strong predictive and analytical capabilities. It also integrates well with other tools and hence provide great flexibility. You should definitely consider IBM PAW if you want to make data-driven decisions in your organization. It is less suited for SMEs and startups because of higher pricing.

Verified User

Consultant in Information Technology (Computer Networking company, 1001-5000 employees)

Vetted Review

3 years of experience

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