IBM Planning Analytics Pricing, Features, Reviews & Comparison of Alternatives

IBM Planning Analytics

Planning, budgeting, forecasting, analysis & scorecarding

4.25/5 (10 reviews)

IBM Planning Analytics overview

What is IBM Planning Analytics?

IBM Planning Analytics is an enterprise-level business intelligence solution offering cloud-based deployment for organizations of all sizes and across all sectors. Promising the powerful automation over the discovering of actionable insights, IBM Planning Analytics crucially supports planning, budgeting, forecasting and scorecarding processes. Built on IDM TM1’s renowned OLAP engine, the product also gives business users access to self-service analytics while multidimensional modelling adds flexibility for finance teams. Finance-owned planning tools again allow organizations to leverage predictive insights when steering business decisions.

In addition, users can look forward to achieve better results across planning, budgeting and forecasting with detailed “what-if” scenario testing. The solution also assists with rapid deployment and general usability by virtue of quick-start templates, customizable to meet specific business needs. Aside from IBM Planning Analytics’ own dashboard-based UI, the product also allows users to work within the familiar Microsoft Excel interface where beneficial to compliment existing workflows.
www.ibm.com

Pricing

Pricing options
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States

Supported languages

English
IBM Planning Analytics screenshot: Promising a customizable planning hub, the intuitive tabbed UI is complimented by Microsoft Excel workspace integrationEmbrace the future of business planning and analysis on premises and in the cloud

IBM Planning Analytics user reviews

Value for money
Features
Ease of use
Customer support
  4.3
  4.6
  4.0
  3.7
Gerson Madrid

Trustworthy as TM1

Used occasionally for 1-2 years
Reviewed 2018-02-22
Review Source: Capterra

Predictive insights uncovered automatically with just a few clicks

Pros
It's powered by TM1 another great solution of IBM. Eliminate manual tasks derived from the constant and tedious use of spreadsheets. It provides dynamic planning and analytics workspace to model real-time scenarios. Once I export it to Excel as a formula driven file, all I have to do is edit the cell that it is pulling from and the result will vary depending of the desired result.

Cons
Must wait some time while files are processed. Also penalize heavily errors. But once is set the results are great.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 7/10

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Anonymous

Great CPM enterprise software

Used daily for 2+ years
Reviewed 2020-01-15
Review Source: Capterra

We had great experience using IBM Planning analytics implementing the workforce planning, and marketplace planning. It is stable and robust, supporting enterprise level planning and forecasting. The integration with cognos analytics make the reporting side easier.

Pros
1. Good performance especially the enhanced processing engine in the recent versions; 2. Robust reporting capability and integration with other IBM software such as IBM Cognos Analytics and Microsoft office; 3. Capability of integration with Watson and SPSS.

Cons
1. Although feeds and rules are the cores of IBM Planning Analytics, it makes the developer really hard to design and troubleshooting, wondering if the complexity can be encapsulated with a more business driven approach; 2.Comparing to other software, IBM Planning Analytics lack of new features in the recent couple of years.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Michael Barnes

IBM Cognos TM-1

Reviewed 2016-08-23
Review Source: Software Advice

Pros
This product allows our Finance team to forecast. Being able to tie the data to our data warehouse allows our users to slice and dice the data they way that they need.

Cons
This product is hard to maintain at times. Being a place that doesn't have trained individuals on how to use this, we have to turn to outside vendors to help us out quite a bit. Doesn't seem to intuitive and is hard to finds information on the internet.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 8/10

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Luigi Sansottera

A predictive/analysis software at fist class

Used weekly for 2+ years
Reviewed 2019-02-02
Review Source: Software Advice

Pros
If you need to perform Budgetting activities having several cost centers and managers from which you need to collect budget data, this is the solution to your need.

Cons
The direct support supplied by IBM is more a commercial than technical support, by the way there is plenty of IBM partners supporting it

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Madhukeshwari Singade

Awesome tool to manage budget and planning

Used weekly for 2+ years
Reviewed 2018-09-06
Review Source: Software Advice

Pros
Its multi task software, so no need to buy different software to manage your organisation planning, reports are exporting to excel so easily modify it as you wish

Cons
Bit difficult to setup, no more articles over the internet, you need to ask some techies for one time setup. Later anyone can handle it

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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IBM Planning Analytics pricing

Pricing options
Subscription
Free trial
View Pricing Plans

IBM Planning Analytics can be deployed either in the cloud or on-premises.

Contact vendor for a pricing quote based on specific requirements.

IBM Planning Analytics features

API (298 other apps)
Accounting Integration (179 other apps)
Accounting Management (200 other apps)
Activity Dashboard (254 other apps)
Audit Trail (151 other apps)
Automatic Notifications (178 other apps)
Billing & Invoicing (204 other apps)
Compliance Management (209 other apps)
Customizable Reporting (177 other apps)
Data Import/Export (199 other apps)
Electronic Payments (186 other apps)
Expense Tracking (171 other apps)
Financial Analysis (146 other apps)
Invoice Management (249 other apps)
Invoice Processing (164 other apps)
Multi-Currency (178 other apps)
Real Time Data (158 other apps)
Reporting & Statistics (290 other apps)
Third Party Integration (235 other apps)
Workflow Management (169 other apps)

Videos and tutorials

Additional information for IBM Planning Analytics

Key features of IBM Planning Analytics

  • Multi-department / project
  • Run rate tracking
  • What if scenarios
  • Microsoft Excel integration
  • Quick-start templates
  • Predictive analytics
  • Predictive modeling
  • Scenario planning
  • Strategic planning
  • Visual analytics
  • Budgeting & forecasting
  • Scorecarding
  • Self service analytics
View All Features

Benefits

IBM Planning Analytics harnesses business intelligence data to automate the generation of insights for planning, budgeting and forecasting.

Boasting a customizable planning workspace, the system provides access to quick-start templates adaptable to better reflect particular business requirements.

Derive predictive insights automatically from business data before leveraging “what-if” scenarios to analyze assumptions and forecast strategic results.

Alongside the software’s own intuitive tabbed-based interface, users can also switch seamlessly across to Microsoft Excel’s familiar workspace where desired.

Powered by the the Online Analytical Processing (OLAP) engine of IBM TM1, IBM Planning Analytics is an Enterprise-class solution suitable for organizations of any scale.