IBM Planning Analytics vs Budgyt Comparison

Overview

IBM Planning Analytics is a cloud-based solution that promises to automate planning, budgeting and forecasting processes...

Budgyt is a cloud-based budgeting software solution designed to enable SMBs & large enterprises to manage the entire budgeting...

  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials
  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials

Screenshots

Pricing

Starting from
/
No info available
/
  • Free trial available
  • No credit card required
  • Free account
  • Subscription based
Starting from
$199.00/mo.month
  • Free trial available
  • No credit card required
  • Free account
  • Subscription based

User reviews

4.3

(10)

5

4

3

2

1

6

2

1

1

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

4.9

(18)

5

4

3

2

1

16

2

0

0

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

Pros

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.
IBM Cognos TM 1 is the best solution for budgetting & modelling; it has a strong adherence to each budgetting process due to its flexibility.
Also, make sure you pick the right business partner. Best practices are very important.

Pros

Set up is easy thanks to excellent customer support. We import and export data to and from Microsoft GP, and use the budgyt.com tool for budget variance reporting.
First, Budgyt has a great team. Customer support representative has been incredibly responsive to our questions and really helped get things started for us.
Integration with Quickbooks is easy and accurate. I subscribed to the software as a solution for budgeting compensation costs and ended up with a total budgeting and managing budgets solution.

Cons

Must wait some time while files are processed. Also penalize heavily errors.
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.
Doesn't seem to intuitive and is hard to finds information on the internet.

Cons

Knowing that there were no mistakes in my excel formulas - so piece of mind when presenting the budgets to our boards and committees the the numbers are correct.
If I struggled with anything they were an email away. They even send vidoes to walk you step by step.
The nature of budgeting tools is that the data is displayed in tabular fashion. Although the site renders on mobile devices, it can be hard to read on smaller phones.
  • Vendor responds to reviews
  • Last review8 months ago
  • Vendor responds to reviews
  • Last review21 days ago

Key features

  • Total features11
  • "What If" Scenarios
  • API
  • Access Control
  • Activity Dashboard
  • Application Integration
  • Auditing
  • Budget Control
  • Budgeting
  • Business Intelligence
  • Configurable Workflow
  • Consolidation / Roll-Up
  • Customizable Templates
  • Data Import
  • Data Import/Export
  • Forecasting
  • General Ledger
  • Multi-Company
  • Multiple Projects
  • Permission Management
  • Predictive Analytics
  • Profit / Loss Statement
  • Project Budgeting
  • Reporting & Statistics
  • Role-Based Permissions
  • Scenario Planning
  • Search Functionality
  • Self Service Portal
  • Strategic Planning
  • User Management
  • Version Control
  • Visual Analytics
  • Total features23
  • "What If" Scenarios
  • API
  • Access Control
  • Activity Dashboard
  • Application Integration
  • Auditing
  • Budget Control
  • Budgeting
  • Business Intelligence
  • Configurable Workflow
  • Consolidation / Roll-Up
  • Customizable Templates
  • Data Import
  • Data Import/Export
  • Forecasting
  • General Ledger
  • Multi-Company
  • Multiple Projects
  • Permission Management
  • Predictive Analytics
  • Profit / Loss Statement
  • Project Budgeting
  • Reporting & Statistics
  • Role-Based Permissions
  • Scenario Planning
  • Search Functionality
  • Self Service Portal
  • Strategic Planning
  • User Management
  • Version Control
  • Visual Analytics

Integrations

  • Total integrations4
  • Authorize.net
  • Dropbox Business
  • Dynamics 365
  • FreshBooks
  • Microsoft Dynamics GP
  • Microsoft Excel
  • NetSuite
  • PayPal
  • QuickBooks Online
  • QuickBooks Online Advanced
  • SAP Business One
  • Sage Intacct
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WooCommerce
  • Workato
  • Xero
  • Zapier
  • Total integrations3
  • Authorize.net
  • Dropbox Business
  • Dynamics 365
  • FreshBooks
  • Microsoft Dynamics GP
  • Microsoft Excel
  • NetSuite
  • PayPal
  • QuickBooks Online
  • QuickBooks Online Advanced
  • SAP Business One
  • Sage Intacct
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WooCommerce
  • Workato
  • Xero
  • Zapier

Security

  • Encryption of sensitive data at rest
  • HTTPS for all pages (web-based apps)
  • Reports/alerts for security breaches
  • Multifactor authentication options
  • Customer data removed upon service cancellation
  • Encryption of sensitive data at rest
  • HTTPS for all pages (web-based apps)
  • Reports/alerts for security breaches
  • Multifactor authentication options
  • Customer data removed upon service cancellation

IBM Planning Analytics vs. Budgyt

See how IBM Planning Analytics and Budgyt stack up against each other by comparing features, pricing, ratings and reviews, integrations, screenshots and security. Compare real user opinions on the pros and cons to make more informed decisions.