IBM Planning Analytics Features

IBM Planning Analytics

Planning, budgeting, forecasting, analysis & scorecarding

4.25/5 (10 reviews)

Competitor Feature Comparison

"What If" Scenarios
Activity Dashboard
Ad hoc Analysis
Ad hoc Reporting
Asset Lifecycle Management
Audit Trail
Budgeting/Forecasting
Cash Management
Collaboration Tools
Competitive Analysis
Consolidation/Roll-Up
Correlation Analysis
Customizable Dashboard
Customizable Templates
Dashboard
Data Import/Export
Data Visualization
Drag & Drop
Dynamic Modeling
Exception Reporting
Expense Management
Financial Reporting
Forecasting
General Ledger
Goal Setting / Tracking
Graphical Data Presentation
Idea Management
Income & Balance Sheet
KPI Monitoring
Key Performance Indicators
Modeling & Simulation
Multi-Company
Multi-Currency
Multi-Department/Project
Performance Metrics
Predictive Analytics
Profit/Loss Statement
Qualitative Analysis
Quantitative Analysis
Real Time Data
Reporting & Statistics
Reporting/Analytics
Roadmapping
Sales Reports
Scenario Planning
Scheduled / Automated Reports
Scorecards
Search/Filter
Self-Service Reporting
Statistical Analysis
Strategic Planning
Version Control
Visual Analytics
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"What If" Scenarios
Activity Dashboard
Ad hoc Analysis
Ad hoc Reporting
Asset Lifecycle Management
Audit Trail
Budgeting/Forecasting
Cash Management
Collaboration Tools
Competitive Analysis
Consolidation/Roll-Up
Correlation Analysis
Customizable Dashboard
Customizable Templates
Dashboard
Data Import/Export
Data Visualization
Drag & Drop
Dynamic Modeling
Exception Reporting
Expense Management
Financial Reporting
Forecasting
General Ledger
Goal Setting / Tracking
Graphical Data Presentation
Idea Management
Income & Balance Sheet
KPI Monitoring
Key Performance Indicators
Modeling & Simulation
Multi-Company
Multi-Currency
Multi-Department/Project
Performance Metrics
Predictive Analytics
Profit/Loss Statement
Qualitative Analysis
Quantitative Analysis
Real Time Data
Reporting & Statistics
Reporting/Analytics
Roadmapping
Sales Reports
Scenario Planning
Scheduled / Automated Reports
Scorecards
Search/Filter
Self-Service Reporting
Statistical Analysis
Strategic Planning
Version Control
Visual Analytics
Visit WebsiteCompare App
"What If" Scenarios
Activity Dashboard
Ad hoc Analysis
Ad hoc Reporting
Asset Lifecycle Management
Audit Trail
Budgeting/Forecasting
Cash Management
Collaboration Tools
Competitive Analysis
Consolidation/Roll-Up
Correlation Analysis
Customizable Dashboard
Customizable Templates
Dashboard
Data Import/Export
Data Visualization
Drag & Drop
Dynamic Modeling
Exception Reporting
Expense Management
Financial Reporting
Forecasting
General Ledger
Goal Setting / Tracking
Graphical Data Presentation
Idea Management
Income & Balance Sheet
KPI Monitoring
Key Performance Indicators
Modeling & Simulation
Multi-Company
Multi-Currency
Multi-Department/Project
Performance Metrics
Predictive Analytics
Profit/Loss Statement
Qualitative Analysis
Quantitative Analysis
Real Time Data
Reporting & Statistics
Reporting/Analytics
Roadmapping
Sales Reports
Scenario Planning
Scheduled / Automated Reports
Scorecards
Search/Filter
Self-Service Reporting
Statistical Analysis
Strategic Planning
Version Control
Visual Analytics
Visit WebsiteCompare App

IBM Planning Analytics Feature Reviews

9 reviewers had the following to say about IBM Planning Analytics's features:

Anonymous
(Banking company, 10001+ employees)
Verified Reviewer

Great CPM enterprise software

2020-01-15

We had great experience using IBM Planning analytics implementing the workforce planning, and marketplace planning.

Pros

Robust reporting capability and integration with other IBM software such as IBM Cognos Analytics and Microsoft office; 3.

Cons

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

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Madhukeshwari S.

Awesome tool to manage budget and planning

2018-09-06

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

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Software Advice
Helpful?   Yes   No
Read more
Nabeel C.

TM1 Review

2017-11-18

TM1 is a great tool to have as long as the organization's system interfacing are setup to work reliably and the databases are designed to interface with each other.

Pros

The biggest advantage of using IBM Cognos TM1 is the ability to fully incorporate budgets and planning into the accounting system and the ability to use Cognos and Costpoint and other softwares to expand, analyze and extrapolate these budgets, planning and forecasts.

Cons

TM1 heavily relies on data feed from other systems whether it be Cognos, CostPoint or T&E and any small issue during the data interface can skew the analysis and often result in errors and misleading financial analysis.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Monthly

Likelihood to recommend

5/10
Source: Software Advice
Helpful?   Yes   No
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Gerson M.

Verified Reviewer

Trustworthy as TM1

2018-02-22

Predictive insights uncovered automatically with just a few clicks

Pros

It provides dynamic planning and analytics workspace to model real-time scenarios.

Cons

Must wait some time while files are processed.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Occasionally

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
David C.

I've been a TM1 consultant and administrator for the past 5 years.

2015-08-28

Pros

It is a very power tool if used in the right situation in the right way.

Cons

Ability to create complete UI and getting data out of it.

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Likelihood to recommend

8/10

Recommendations to others considering IBM Planning Analytics

This is really a planning, budgeting, and forecasting tool. Deviating too far away from it will cause problem. Also, make sure you pick the right business partner. Best practices are very important.

Source: Software Advice
Helpful?   Yes   No
Read more
Luigi S.

A predictive/analysis software at fist class

2019-02-02

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

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Software Advice
Helpful?   Yes   No
Read more
Michael B.

IBM Cognos TM-1

2016-08-23

Pros

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

Time used: 1-2 years

Likelihood to recommend

8/10

Recommendations to others considering IBM Planning Analytics

Look for something that will be a little more user friendly. Cognos at the time that we implemented was one of the few products on the market. There are a lot of options out there. Make sure you find the one that fits your environment the best.

Source: Software Advice
Helpful?   Yes   No
Read more
Luigi S.

The best budgetting sw ever seen

2018-01-10

I devellopped twice TM1 and my customers were always happy

Pros

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

Cons

The price is a little high for those companies having small business; the interface could be improuved

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Software Advice
Helpful?   Yes   No
Read more
Amanda A.

Best Customer Service

2016-10-25

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

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Software Advice
Helpful?   Yes   No
Read more