IBM Planning Analytics vs Prophix One

Workday Adaptive Planning

Vena

BOARD

Casetext

SAP Business Planning and Consolidation

Longview Tax

Compare IBM Planning Analytics and Prophix One based on features, pricing, verified reviews, integrations & more on GetApp. Find out which software is best for your business in 2026.

SAP Business Planning and Consolidation helps organizations plan better and perform better with a flexible business planning process that allows you to define your financial strategy, optimize performance across the organization, and further drive revenue growth.

Longview Tax is a corporate tax management solution that provides businesses with tools for managing tax strategies, collecting data, provisioning, and reporting on taxes. The cloud-based platform also offers tools for tax planning and helps businesses create data-driven strategies.

Casetext is a cloud-based legal research platform which helps lawyers, private practitioners and attorneys compose legal documents, perform sentence-based parallel research, add citations to arguments, and organize case information on a centralized portal. Features include natural language processing, CARA A.I., case summary database, machine learning capabilities, reporting, and more.

IBM Planning Analytics is a cloud-based solution that promises to automate planning, budgeting and forecasting processes for organizations of any size

"What If" Scenarios

Ad hoc Reporting

Asset Lifecycle Management

Budgeting/Forecasting

Cash Management

Consolidation/Roll-Up

Customizable Templates

Dashboard

Forecasting

General Ledger

Generative AI

Income & Balance Sheet

Key Performance Indicators

KPI Monitoring

Machine Learning

Modeling & Simulation

Multi-Company

Multi-Department/Project

Natural Language Processing

Performance Management

Performance Metrics

Planning Tools

Predictive Analytics

Profit/Loss Statement

Reporting/Analytics

Scenario Planning

Scorecards

Strategic Planning

Version Control

Visual Analytics

IBM Planning Analytics

Android

Linux

Web-based

Windows

iPad

iPhone

Data modeller, data warehouse consultant

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.

Business Intelligence Consutant

IBM Cognos TM 1 is the best solution for budgetting & modelling; it has a strong adherence to each budgetting process due to its flexibility.

Accountant

We spoke with a guy named Steve once that fixed us up perfectly. Thank you IBM and thank you Steve.

IBM has the absolute best customer service. Each time we had an issue there was someone from their IT Support to help right away.

IT Consultant

Must wait some time while files are processed. Also penalize heavily errors.

System Administrator

The Excel integration helps us make budget planning and reports. The automated data processing tool is very useful and flexible.

This is really a planning, budgeting, and forecasting tool. Deviating too far away from it will cause problem.

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.

Comparing to other software, IBM Planning Analytics lack of new features in the recent couple of years.

The integration with cognos analytics make the reporting side easier.

IBM Planning Analytics screenshot: Promising a customizable planning hub, the intuitive tabbed UI is complimented by Microsoft Excel workspace integration

IBM Planning Analytics screenshot

Large Enterprises

Mid Size Business

Non Profit

Public Administrations

Small Business

Vena is the FP&A platform built for Excel that uses cloud technology and AI. It enables modeling, analysis, centralized collaboration, and streamlined processes to help organizations plan. Users can model what-if scenarios and make bottom-up or top-down adjustments.

Workday Adaptive Planning is the only solution that empowers finance to configure sophisticated, driver-based models, analyze unlimited scenarios, and use AI and machine learning to create predictive forecasts and gain enhanced insights. Partner with us today to drive fast, confident decisions.

Board is the Enterprise Planning Platform built to accelerate business performance and enable continuous planning with greater forecast accuracy to drive confident, aligned decisions. 

Prophix allows organizations to automate & integrate their budgeting, planning, forecasting, financial consolidation, & reporting activities on one platform

Access Controls/Permissions

Accounts Payable

Accounts Receivable

Activity Dashboard

Audit Trail

Bank Reconciliation

Business Process Control

Chart of Accounts

Competitive Analysis

Correlation Analysis

Currency Conversion

Customizable Dashboard

Data Connectors

Data Import/Export

Data Integration

Data Management

Data Visualization

Drag & Drop

Dynamic Modeling

Exception Reporting

Expense Management

Financial Consolidation & Close Management

Financial Management

Financial Reporting

Goal Setting/Tracking

Graphical Data Presentation

Idea Management

Journal Entry Processing

Multi-Currency

Multiple Projects

OLAP

Project Accounting

Remote Access/Control

Reporting & Statistics

Roadmapping

Sales Reports

Sales Trend Analysis

Scheduled/Automated Reports

Search/Filter

Self-Service Reporting

Statistical Analysis

Transaction Management

Workflow Management

Prophix One

Solid product with great customer support. They are a first-class organization who are there to help you throughout the process of implementation and beyond.

IFRS and Consolidation Manager

Very good for consolidation, cost effective and quality output reports. While the interface is user-friendly, mastering all the features—especially for complex consolidations—can take time.

Business Analyst

They empower the organisation to skill up to manage their own development and ability to evolve the platform so I feel excited about taking it forward.

Senior financial analyst 

The ease of use of ad hoc reporting is great. I also like that you can build templates and reports that are frequently used to save time.

Senior Financial Analyst

Great price and the Helpdesk has been prompt and wonderful every time I have needed them. Dynamic information and ability to drill to specified levels of information.

Financial Analyst

The software is user friendly and allows you to generate amazing reports with accuracy.

Sr. BI Specialist

User friendly and flexible and feature rich product. A Product which supports Multiple scenarios and geared up with different user-cases and fast and can handle complex calculations.

The consultation and training was excellent. The data management is simple and effective.

Financial Systems Analyst

I love how powerful Prophix is as a reporting, analytics, and planning tool.

Sr. Manager Strategy, Analytics and Financial Planning 

The experienced Prophix consultants are a pleasure to work with and very knowledgeable.

Prophix One is excellent for streamlining budgeting, forecasting, and financial reporting. It is able to take complex financial structures and make them easy to manage.

Management Accountant

Ease of use, simple to learn and to share with budget holders, saves time at month end and improves accuracy.

Mananger

I really liked the way the data integrates, its easy-to-use interface, and the robust data security measures.

Manager, Enterprise Applications - OpenText/Documentum Architect

Licensing and User Roles is confusing for users.

Sales Managers find it difficult to remember what steps/versions they should be using.

Complex statistical analysis is difficult and you would still need sql or R to do the heavy lifting.

Analyst

Overall good experience, some issues with integrations but that is because we expanded very quickly.

Controller

It’s hard for users that didn’t sit through implementation to learn it. Whereas it’s very intuitive for me.

Prophix One screenshot: Prophix One FP&A Plus - purpose-built to grow with your business no matter how large your financial data or planning complexity gets. With its unparalleled flexibility, you can model anything and gain insights into your business.

Prophix One screenshot: Eliminate data silos and manual errors with integrated planning across applications and data sources. Finance teams can work together more effectively to drive quicker scenarios and more accurate outcomes to make your business ready for the future.

Prophix One screenshot: Prophix enables the creation of detailed and fully customizable audit reports when needed, simplifying and expediting internal or external audit processes and significantly decreasing the cost and resources spent on audits.

IBM Planning Analytics vs Prophix One Comparison (2026)

IBM Planning Analytics

Prophix One

Overview

Video & Screenshots

Pricing

User reviews

Key features

Integrations

Alternatives