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IBM Planning Analytics description
IBM Planning Analytics is a comprehensive planning and analysis software designed for mid-size to large businesses. It simplifies financial and operational planning, budgeting, forecasting, and reporting. Users can analyze data, create budgets, and forecast future performance within a familiar Excel-based interface. It allows for company-wide collaboration and provides real-time insights to help make informed decisions. IBM Planning Analytics offers built-in predictive capabilities to improve forecasting accuracy and is available both on-premises and in the cloud.
Who is IBM Planning Analytics best for
IBM Planning Analytics is a powerful planning and analysis solution designed for mid-size to large businesses. Users praise its Excel integration, robust reporting, and customizability. However, some note a steep learning curve and high cost. It's ideal for organizations needing advanced planning and analysis capabilities, but smaller businesses may find it complex and expensive.
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Ideal for medium to large businesses seeking robust planning solutions.
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Suitable for various industries needing advanced planning and analysis.
IBM Planning Analytics features
| Supported IBM Planning Analytics supports budgeting, forecasting, and financial planning, including what-if analysis. |
| Supported Planning Analytics is cloud-based software accessible 24/7 via internet. |
| Supported Team collaboration is supported via concurrent collaboration tools and unified approach. |
| Supported Planning Analytics offers real-time dashboards and reporting for KPIs like revenue, expenses, and profitability. |
| Supported Planning Analytics offers real-time data analysis and integration capabilities for transaction insights. |
We evaluate the sentiment that users express about non-functional aspects of the software
Customer Service
Ease of Use
Reliability and Performance
Scalability
IBM Planning Analytics reviews
We've summarised 157 IBM Planning Analytics reviews (IBM Planning Analytics G2 reviews) and summarised the main points below.
- Seamless integration with Excel simplifies planning and analysis.
- Powerful data analysis and reporting capabilities provide valuable insights.
- Flexible and customizable to fit diverse business needs.
- Robust performance for handling large datasets and complex calculations.
- Facilitates collaboration and real-time data sharing across the organization.
- Complex software with a steep learning curve, requiring extensive training.
- High cost, especially for smaller businesses, can be prohibitive.
- Limited mobile app functionality hinders accessibility and collaboration.
- Occasional performance issues and software bugs can disrupt workflows.
- Integration with non-IBM products can be challenging.
IBM Planning Analytics pricing
The commentary is based on 4 reviews from IBM Planning Analytics G2 reviews.
IBM Planning Analytics pricing is generally considered expensive, especially for smaller businesses. While some users find the cost justified by its robust data analysis capabilities, others mention the high per-user cost as a significant drawback. The cost of additional licenses for features like PAW is also a concern.
Users sentiment
IBM Planning Analytics alternatives
AnaplanHas faster employee growth and more reviews. Rated higher, but users report a steeper learning curve and performance issues. Lacks the deep Excel integration of IBM Planning Analytics. A strong IBM Planning Analytics competitor for cloud-based planning.Read more
JedoxBetter fit for mid-sized companies and a wider range of industries. Easier to use, faster implementation, and more affordable IBM Planning Analytics alternative. However, it has lower performance and scalability, plus slower growth.Read more
BoardBetter suited for companies in various industries like retail, manufacturing, and consumer goods. A strong competitor and IBM Planning Analytics alternative for enterprise planning and reporting. Has broader industry applicability.Read more
HubSpot Marketing HubBetter for marketing automation and lead generation. More suitable for various industries, including Healthcare, Finance, E-commerce, Retail, and others. Has growing momentum based on employee growth. Easier to use, with better customer service, though less reliable.Read more
VelixoBetter fit for small to mid-sized businesses. A strong IBM Planning Analytics competitor for companies reliant on Excel and ERP systems like Acumatica or Sage Intacct. Has faster employee growth and higher average user ratings. More affordable.Read more
Skynamo Sales PlatformBetter for field sales teams in manufacturing, wholesale, and distribution. A strong Skynamo Sales Platform alternative for companies focused on automating field sales operations and improving sales team efficiency.Read more
IBM Planning Analytics FAQ
What is IBM Planning Analytics and what does IBM Planning Analytics do?
IBM Planning Analytics is a planning and analysis software for mid-size to large businesses. It streamlines financial and operational planning, budgeting, forecasting, and reporting, providing real-time insights for informed decision-making. It offers predictive capabilities and Excel integration.
How does IBM Planning Analytics integrate with other tools?
IBM Planning Analytics integrates seamlessly with Microsoft Excel, streamlining data entry and analysis. It also offers APIs and integrations with other business intelligence and data visualization tools, though some users find integrating with non-IBM products challenging.
What the main competitors of IBM Planning Analytics?
Top alternatives to IBM Planning Analytics include Anaplan, Jedox, and Board. These competitors offer similar planning, budgeting, and forecasting functionalities, often with a focus on cloud-based accessibility and data-driven insights. Some alternatives may provide more user-friendly interfaces or cater to specific industry needs.
Is IBM Planning Analytics legit?
Yes, IBM Planning Analytics is a legitimate software. It is a robust planning and analysis tool trusted by many businesses for financial and operational planning, budgeting, forecasting, and reporting. It offers powerful capabilities but can be complex and expensive.
How much does IBM Planning Analytics cost?
IBM Planning Analytics doesn't publicly disclose pricing. Contact IBM directly to obtain a customized quote based on your specific business needs and requirements. Consider requesting a product demo to assess its worth.
Is IBM Planning Analytics customer service good?
Customer reviews on IBM Planning Analytics's customer service are mixed. While IBM is praised for its responsiveness to feedback and promptness in addressing questions and concerns, some users have expressed dissatisfaction with the level of support provided for the product, particularly for TM1.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.