Financial Analysis Made Simple
Updated March 05, 2025

Financial Analysis Made Simple

Zulma Quiroz | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with IBM Planning Analytics

It can be stated that assessment processes have been greatly facilitated with the help of IBM Planning Analytics. It normally takes three weeks to be fully trained to achieve the basic level, and others take a little time, usually ahead, to achieve intense features. They have been very simple to use with existing databases and financial systems, although some modifications were made to the system initially.

Pros

  • Advanced predictive modeling for risk assessment
  • Continuous data visualization and reporting
  • Fully automated risk scoring system

Cons

  • Sometimes there may be slight delay while processing large data sets
  • Limited template options for specific industries
  • Orientation of rookies in the use of the newly created interface
  • Reduced risk assessment time
  • Improved accuracy of risk predictions
  • Enhanced regulatory compliance reporting efficiency
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 definition make its implementation timeline shorter.

Do you think IBM Planning Analytics delivers good value for the price?

Yes

Are you happy with IBM Planning Analytics's feature set?

Yes

Did IBM Planning Analytics live up to sales and marketing promises?

Yes

Did implementation of IBM Planning Analytics go as expected?

Yes

Would you buy IBM Planning Analytics again?

Yes

I would recommend IBM Planning Analytics for large assessment, especially when dealing with a portfolio with several features of the balance sheet. It performs well in data histories and creating a model that exactly gives the result as desired. However, it has certain drawbacks compared to the average situation or in the regions where statistical information is not that rich.

IBM Planning Analytics Feature Ratings

8.0
Long-term financial planning
8
Financial budgeting
8
Forecasting
8
Scenario modeling
8
Management reporting
8
8.0
Financial data consolidation
8
Journal entries and reports
8
Multi-currency management
8
Intercompany Eliminations
8
Minority Ownership
8
Local and consolidated reporting
8
Detailed Audit Trails
8
7.8
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
8
Automated board and financial reporting
8
XBRL support for regulatory filing
7
7.7
Personalized dashboards
8
Color-coded scorecards
8
KPIs
7
Cost and profitability analysis
8
Key Performance Indicator setting
8
Benchmarking with external data
7
8.0
Flat file integration
8
Excel data integration
8
Direct links to 3rd-party data sources
8
8.0
Pixel Perfect reports
8
Customizable dashboards
8
Report Formatting Templates
8
7.8
Drill-down analysis
7
Formatting capabilities
8
Integration with R or other statistical packages
8
Report sharing and collaboration
8
7.5
Publish to Web
8
Publish to PDF
7
Report Versioning
8
Report Delivery Scheduling
7
8.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
8
Location Analytics / Geographic Visualization
8
Predictive Analytics
8
Pattern Recognition and Data Mining
8
7.8
Multi-User Support (named login)
8
Role-Based Security Model
7
Multiple Access Permission Levels (Create, Read, Delete)
8
Report-Level Access Control
8
Single Sign-On (SSO)
8
8.0
Responsive Design for Web Access
8
Mobile Application
8
Dashboard / Report / Visualization Interactivity on Mobile
8

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