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IBM Planning Analytics Reviews & Product Details

Verified User in Information Technology and Services
UI
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about IBM Planning Analytics?

Being able to see the raw data has created so many opportunities for improvement all while being driven by AI to help in making those big decisions. The Real time analysis makes things a breeze. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

It can be a complex program to understand right off the bat as there is a lot of features and information to absorb. But once you get used to it, it was a lot easier to pick up. Review collected by and hosted on G2.com.

What problems is IBM Planning Analytics solving and how is that benefiting you?

It helps us with our sales planning across territories and where our best fit of resources is. It also provides an in depth look into sales rep performance so we can see exactly where we need to make adjustments or where to put more suppport to help push. Review collected by and hosted on G2.com.

IBM Planning Analytics Overview

What is IBM Planning Analytics?

IBM Planning Analytics is an AI-powered integrated planning solution that automates your planning, budgeting, and forecasting processes enabling real-time analysis and seamless collaboration. Eliminate inefficient and error-prone manual planning processes by automating data integration, analysis, and collaboration for greater agility across the business. For finance and business operations leaders from Finance, Supply Chain, HR, Marketing, Sales and beyond who need to eliminate inefficient and error-prone manual planning processes. Automate data integration, analysis, and collaboration for greater agility across the business. - Integrate financial and operational plans based on a governed source of truth, with a single license. - Track, analyze and communicate financial performance with interactive dashboards and personalized reports and a native spreadsheet experience - Enhance the speed and accuracy of forecasts with easy-to-use, built-in AI - Increase participation in the planning and decision-making process by lowering the skill barrier with a generative AI assistant Bring collaborative, AI-powered business planning to your organization starting at $825/month for 5 users.

IBM Planning Analytics Details
Product Website
Languages Supported
Czech, Danish, German, English, Finnish, French, Croatian, Hungarian, Italian, Japanese, Korean, Dutch, Norwegian, Polish, Romanian, Russian, Slovenian, Spanish, Swedish, Thai, Turkish, Chinese (Simplified)
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Product Description

IBM Planning Analytics, powered by IBM TM1 automates your planning, budgeting, forecasting and analysis processes. It offers the full functionality of spreadsheets while eliminating manual tasks to drive efficiency.

How do you position yourself against your competitors?

- IBM Planning Analytics' TM1 database enables the rapid creation and analysis of sophisticated financial models with near real-time calculations, all while maintaining strict control and governance. Its flexibility supports interactive planning and analysis, scaling effortlessly to thousands of users and terabytes of data, making it the ideal solution for integrated business planning.

- With real-time native spreadsheet integration, you can continue using full spreadsheet capabilities while harnessing AI-infused advanced analytics within a governed database with write-back functionality.

- Unlimited what-if scenarios and built-in AI forecasting at no extra cost - without the need for technical skills.

- IBM Planning Analytics leverages generative AI to improve productivity by simplifying multi-step tasks, explaining data, and identifying insights.

- IBM Planning Analytics can be deployed as a fully managed SaaS solution (AWS and Azure), an on-premises solution, or a hybrid solution and it comes at a predictable price.


Seller Details
Seller
IBM
Company Website
Year Founded
1911
HQ Location
Armonk, NY
Twitter
@IBM
711,096 Twitter followers
LinkedIn® Page
www.linkedin.com
317,108 employees on LinkedIn®
Ownership
SWX:IBM
Phone
1-866-277-7488
Total Revenue (USD mm)
$73,621
Description

IBM offers a wide range of technology and consulting services; a broad portfolio of middleware for collaboration, predictive analytics, software development and systems management; and the world's most advanced servers and supercomputers.


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Recent IBM Planning Analytics Reviews

Koustubha S.
KS
Koustubha S.Enterprise (> 1000 emp.)
4.0 out of 5
"Making our lives better"
Analytics helps in managing and analyzing the data. It simplifies the Budgeting and forecasting. It also helps in creating the report with raw data...
Piyush P.
PP
Piyush P.Mid-Market (51-1000 emp.)
4.5 out of 5
"Amazing Planning Tool"
I liked the Real Time Analytics and the interactive dashboard.
Verified User
U
Verified UserMid-Market (51-1000 emp.)
4.0 out of 5
"IBM Planning Analytics: A Comprehensive Review"
It is one of the most powerful forecasting and budgeting tools in the market right now. It excels in providing advanced forecasting, budgeting and ...
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IBM Planning Analytics Media

IBM Planning Analytics Demo - IBM Planning Analytics - Bill of Materials
The Bill of Materials model enables FP&A, Procurement, Product Managers or Marketing professionals to forecast and understand the impacts of cost changes in materials, material mix, and conversely to adjust or re-forecast product mix or prices based on those changes.
IBM Planning Analytics Demo - IBM Planning Analytics - Workforce Planning
This sample workforce planning model includes several assumptions for the Job type, job code, benefits and merit percent. Planning data is made instantly available for departmental reporting by account.
IBM Planning Analytics Demo - IBM Planning Analytics - Expense Planning
This model helps you to plan, analyze and explore expenses across cost centers and currencies to ensure accuracy and consistency, and to understand the opportunities for improving spending performance.
IBM Planning Analytics Demo - IBM Planning Analytics - Profitability Analysis
This model helps you accurately identify profitability across the enterprise. Plan, analyze and explore profitability across your departments using business drivers to ensure accuracy and consistency to understand the opportunities for improving profitability.
IBM Planning Analytics Demo - IBM Planning Analytics - Gross Margin Planning
This model helps you quickly analyze and plan your sales and margins across multiple dimensions such as products and geographies. You could explore the performance of your business, determine best and worst performers, adjust the levers and see the impact in real time and plan future periods by c...
Play IBM Planning Analytics Video
Play IBM Planning Analytics Video
Play IBM Planning Analytics Video
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178 out of 179 Total Reviews for IBM Planning Analytics

4.4 out of 5
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IBM Planning Analytics Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for IBM Planning AnalyticsQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Financial Services
AF
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about IBM Planning Analytics?

I like the fact that it is easy to use and easy to learn even as a non-technical person, it can be used for a multitude of applications from Reporting, to Process flow, to Data generation.

Implimentation is simple especially using IBM Planning Analytics Cloud, which also comes with a great support function with quick turn around SLA's. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

Managing the server, Planning Analytics is very versatile, but you need to watch the resource impact of your actions which are not always pobvious. Review collected by and hosted on G2.com.

What problems is IBM Planning Analytics solving and how is that benefiting you?

Our business has diverse data sets and is spread across multiple sites. We need a tool to create summary Financial information for Planning, Forecasting and Reporting that peoiple can access and which is easy to use through an intuitive interface. This is Planning Analytics all over, its database access direct, work flow through Planning Analytics Workspace, "Pivot Table" in Excel style user inteface through Planning Analytics for Excel fits perfectly. We are also using Rules and Feeders and TurboIntegrator to generate dynamic forecasting to reduce the need for manual calculation of financial plans.

The main benefit is that becuase we're finance people and therefore not IT specialists, the ease of writing code and designing structures makes it invaluale to us. Review collected by and hosted on G2.com.

NP
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about IBM Planning Analytics?

Planning analytics offers a lot to appreciate especially for users focused on forecasting and reporting capabilities with its deep integration points with other tools and AWS services. The engine allows users to analyze huge amounts of data quickly enabling real time planning and forecasting. The platform is highly customizable and can be tailored to fit business needs and with plug ins available to access its data via Excel, REST API, or web based experiences. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

While Planning Analytics is a robust tool, there are a few downsides or challenges that users often encounter. While the TM1 engine is designed for speed, some users report performance issues with extremely large and complex models which can slow down operations. IBM has invested resources into the database but lacks on the front-end side and it is almost a requirement to leverage other 3rd party tools to cover IDE like development and web experiences. Review collected by and hosted on G2.com.

What problems is IBM Planning Analytics solving and how is that benefiting you?

We are able to create unique models that are catered for our business lines quickly with a turn around time of less than 3 months. Review collected by and hosted on G2.com.

RV
CEO
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about IBM Planning Analytics?

This provides quick answers to questions, assists in use cases, and solves problems on the fly. This was the right time for the MVP to be available for the internal users, with the freedom of use of the product in different ways. So far, I am very much impressed at how well and fast the software works in general, and I am quite satisfied with the development process. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

Most things are just a case of getting used to using the Cloud, and you do lose a level of control around things like software updates. Another problem is that IBM Planning Analytics does not have an app; this means that the users are literally stuck up with their plans. Ways could be designed for internal and external people to ideate easily and then collaborate on those ideas. Review collected by and hosted on G2.com.

What problems is IBM Planning Analytics solving and how is that benefiting you?

We have come a long way with the improvement in the manner and way that we plan and analyze our finances since we applied IBM Planning Analytics. You can make it user-friendly with the flexibility of the web layout, and it's pretty easy to connect to other software and Excel. Thank you, IBM, for listening to us and actually changing the product based on what we had to say. Review collected by and hosted on G2.com.

KE
Software Engineer
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about IBM Planning Analytics?

IBM has also been very open to our feedback and suggestions on how things could be done better. They've always reverted promptly when we had questions, worries or use case talks. This kind of help was essential for us to make sure that we could use the tool in total capacity. Planning Analytics is very fast and good at what it does. Minimal viable products sent to internal customers work well and the direction and speed of creating products can be exciting. It is a flexible tool that manages a variety of tasks. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

You had to give up some of that control, like when the program was changed because it was a cloud based method. I also think that customers would gain a lot from having a security guide, logs, literature created automatically and native connections. Exactly when these characteristics are in demand, they have to be made by hand. Thank goodness, we just put in place a licensing system that is more open and easy to use. Review collected by and hosted on G2.com.

What problems is IBM Planning Analytics solving and how is that benefiting you?

We have added timeseries forecast by IBM Watson Studio with it, hence we can make better guesses. Also the robust tools of Planning Analytics for data processing help us to make choices with flexibility and security and is by far the easiest software to use. Review collected by and hosted on G2.com.

Verified User in Insurance
UI
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about IBM Planning Analytics?

It is one of the most powerful forecasting and budgeting tools in the market right now. It excels in providing advanced forecasting, budgeting and planning capabilities. It allows real-time data access and collaboration across multiple departments. Also, the tool is highly scalable as per the business requirements. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

The learning curve is quite steep and might take a lot of time to have a proper command on the tool. Cost of implementation and maintenance is also on the higher side. Also, experienced some performance issues with larger datasets. Review collected by and hosted on G2.com.

What problems is IBM Planning Analytics solving and how is that benefiting you?

It automated the time-consuming financial planning process, reducing the manual efforts in tasks like budget creation, forecasting and scenario modelling. It also centralizes data, ensuring we have a single source of truth. Review collected by and hosted on G2.com.

Koustubha S.
KS
Financial Analyst
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about IBM Planning Analytics?

Analytics helps in managing and analyzing the data. It simplifies the Budgeting and forecasting. It also helps in creating the report with raw data and by this it saves lot of our time. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

Sometimes the software will be very slow and the report might jumbled sometimes Review collected by and hosted on G2.com.

What problems is IBM Planning Analytics solving and how is that benefiting you?

It helps in creating the reports with raw data which saves most of my time. It helps in data visualization. Review collected by and hosted on G2.com.

SI
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about IBM Planning Analytics?

The Planning Analytics providing a platform that help build the models faster and quickly iterate on betterment driving insights for quality business decisions. The learning curve of the technology is very short in comparison to traditonal in house development. The ease to build, test and iterate is impeccable and unmatched to other similar products. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

The UX experience needs modernized touch. Review collected by and hosted on G2.com.

What problems is IBM Planning Analytics solving and how is that benefiting you?

The Planning Analytics providing a platform that help build the models faster and quickly iterate on betterment driving insights for quality business decisions. The learning curve of the technology is very short in comparison to traditonal in house development. The ease to build, test and iterate is impeccable and unmatched to other similar products. Review collected by and hosted on G2.com.

Sarthak D.
SD
Software Development Engineer
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about IBM Planning Analytics?

This tool offers quick answers to questions, supports various use cases, and provides real-time problem-solving. The timing for the MVP release to internal users was ideal, allowing flexibility in how the product is used. I'm highly impressed with the overall speed and efficiency of the software and am quite satisfied with the development process so far. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

Most aspects simply require adapting to the Cloud, though you do sacrifice some control over things like software updates. Another issue is the lack of a mobile app for IBM Planning Analytics, which leaves users tethered to their plans. It would be beneficial to create ways for both internal and external users to easily brainstorm and collaborate on their ideas. Review collected by and hosted on G2.com.

What problems is IBM Planning Analytics solving and how is that benefiting you?

IBM Planning Analytics addresses several key challenges, particularly in financial and project planning. It automates and streamlines complex budgeting, forecasting, and reporting processes, reducing manual effort and minimizing errors. This leads to more accurate and timely insights, enabling better decision-making. Additionally, its ability to handle large data sets and perform sophisticated analytics helps identify trends and opportunities, ultimately improving overall business performance and efficiency. For users, this means greater agility, more informed planning, and the ability to quickly adapt to changing business conditions. Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about IBM Planning Analytics?

I used IBM Planning and Analytics to automate the process of budget forecasting and planning. It is also helpful for data analysis and provides a cloud-based solution to store and monitor your data efficiently. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

IBM Planning Analytics requires basic knowledge of data analytics; apart from that, there is nothing else to dislike from my perspective. Review collected by and hosted on G2.com.

What problems is IBM Planning Analytics solving and how is that benefiting you?

IBM Planning Analytics has really helped us to monitor and manage our budget and provide a platform to analyze your data. Review collected by and hosted on G2.com.

JS
Analista de Planejamento e Gestão SR
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
Translated Using AI
What do you like best about IBM Planning Analytics?

I can assemble my reports according to the views that best suit me. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

The reports have a line limit, sometimes we need to break the query into several parts. Review collected by and hosted on G2.com.

What problems is IBM Planning Analytics solving and how is that benefiting you?

I can create reports with views that facilitate my analysis and problem-solving. Review collected by and hosted on G2.com.