IBM Planning Analytics Pricing Plan & Cost Guide

IBM Planning Analytics

Planning, budgeting, forecasting, analysis & scorecarding

4.25/5 (10 reviews)

IBM Planning Analytics Pricing

Pricing model: Subscription

Free Trial: Available (No Credit Card required)

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

Contact vendor for a pricing quote based on specific requirements.

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IBM Planning Analytics Pricing Reviews

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.Verified ReviewerRead the full review
  • IBM Cognos TM 1 is the best solution for budgetting & modelling; it has a strong adherence to each budgetting process due to its flexibility.Luigi S.Read the full review
  • Also, make sure you pick the right business partner. Best practices are very important.David C.Read the full review
Cons
  • Must wait some time while files are processed. Also penalize heavily errors.Gerson M.Read the full review
  • 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.Madhukeshwari S.Read the full review
  • Doesn't seem to intuitive and is hard to finds information on the internet.Michael B.Read the full review
100%
recommended this to a friend or a colleague

3 reviewers had the following to say about IBM Planning Analytics's pricing:

Luigi Sansottera

The best budgetting sw ever seen

Used monthly for 2+ years
Reviewed 2018-01-10
Review Source: Software Advice

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

Likelihood to recommend: 9/10

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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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Nabeel Chohan

TM1 Review

Used monthly for 6-12 months
Reviewed 2017-11-18
Review Source: Software Advice

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. If these conditions are not ideal, then TM1 will not add as much value to the organization as it is designed to.

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

Likelihood to recommend: 5/10

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