I use IBM Planning Analytics for financial planning and budgeting.
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An easy-to-use solution which is quick to deploy and comes with a fast calculation machine
What is our primary use case?
What is most valuable?
IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast.
What needs improvement?
The tool's transport layer could be improved when promoting development between environments.
For how long have I used the solution?
I have been working with the solution for seven years.
What do I think about the stability of the solution?
IBM Planning Analytics is robust and stable.
What do I think about the scalability of the solution?
The tool is very scalable, and I have 1000 users for it.
How are customer service and support?
We get good support from IBM; their release notes are easy to follow.
How would you rate customer service and support?
Positive
Which solution did I use previously and why did I switch?
I have used SAP solution before. SAP is rigid, and I prefer IBM since it is easy to deploy.
How was the initial setup?
IBM Planning Analytics' installation and maintenance is easy. You can install the basic layer in a week. You need six engineers to deploy the product.
What's my experience with pricing, setup cost, and licensing?
IBM Planning Analytics is priced well, and licensing costs are yearly.
What other advice do I have?
I rate the solution a ten out of ten.
IBM Planning Analytics
What do you like best about the product?
Handles large amount of real time data with accuracy
What do you dislike about the product?
Costly per user complicated user interface
What problems is the product solving and how is that benefiting you?
Real time data analysis and providing insights to large data
IBM planning analytics review
What do you like best about the product?
It's help in planning analytics in financial and operational planning
What do you dislike about the product?
As of now I didn't see any dislikes using IBM Planning Analytics
What problems is the product solving and how is that benefiting you?
It's help to budgeting and forecasting
How easy is planning with the help of IBM planning Analytics
What do you like best about the product?
The seamlessly integrates with various data sources including ERP that what I like about IBM planning Analytics .It also empowers users to create complex financial models and perform advanced scenario analysis
What do you dislike about the product?
Analytics can be complex for users who are new to the software but after some time anyone can be use that easily.
What problems is the product solving and how is that benefiting you?
IBM Planning Analytics automates manual tasks associated with financial planning, budgeting, and forecasting that is the problem solved by it.
A flexible and robust platform for contribution, consolidation and data presentation.
What do you like best about the product?
Planning Analytics deliveries a large set tools to enhance our business planning, providing scalability and security while process large amount of data. Compared to other tools and platforms we understand that Planning Analytics can be more user friendly.
What do you dislike about the product?
Native integrations, reports generation, auto generated documentation and security wizard should be developed since those are very usefull for customers. Up to now those features need to be manually developed when needed.
What problems is the product solving and how is that benefiting you?
IBM Planning Analytics is our best way to get data from contributors and consolidate those data with security and scale. With IBM Planning Analytics we offer for our clients a better way to manage business rules and provide faster answers.
Easy to use, very powerful and flexible planning and analytical toolset
What do you like best about the product?
It doesn't matter what the problem is, you can always resolve it using planning analytics.
The workspace front end makes this an easy process.
The workspace front end makes this an easy process.
What do you dislike about the product?
Performance tuning feeders can be challenging.
What problems is the product solving and how is that benefiting you?
It is used to provide a planning solution to multiple areas within the organisation, force financial and operational.
A flexible solution that adapts with any industry or business model
What is our primary use case?
We use the solution for testing and budgeting.
What is most valuable?
The tool is flexible.
What needs improvement?
The tool should include features for prediction. It can also improve the scalability.
For how long have I used the solution?
I have been working with the product for ten years.
What do I think about the stability of the solution?
I would rate the product's scalability an eight out of ten.
What do I think about the scalability of the solution?
I would rate the product's scalability a seven out of ten.
How was the initial setup?
The solution's setup takes six to eight months to complete. I would rate the product's setup an eight out of ten.
What's my experience with pricing, setup cost, and licensing?
I would rate the tool's pricing a nine out of ten since it's expensive.
What other advice do I have?
We have enterprise customers for the solution. You can use the solution if you are looking for a flexible product. It's flexible to adapt to any business model or industry.
Which deployment model are you using for this solution?
On-premises
IBM Planning Analytics: Empowering Businesses with Next-Level Planning and Analysis
What do you like best about the product?
Today's businesses need robust tools to deal with the complexity of planning and decision-making. Planning Analytics from IBM is a game-changer, changing how companies plan, forecast, and analyze. As someone who has extensively explored IBM Planning Analytics' features and functionalities, I'm excited to share my review.
i). A powerful forecasting and analysis tool:
There's a lot of power in IBM Planning Analytics when it comes to forecasting and analysis. A business can generate accurate predictions, identify trends, and gain valuable insights into their financial and operational performance using its advanced algorithms and modeling techniques.
ii). Integrate seamlessly:
Integrates seamlessly with different data sources and existing systems, making it easy to consolidate data from different departments. With this integration, organizations can make better decisions based on a comprehensive view of their business and improve data accuracy.
iii). Creating a collaborative environment:
Through IBM Planning Analytics, you can collaborate with team members in real-time. Having multiple stakeholders work on planning, budgeting, and forecasting simultaneously improves coordination and reduces delays.
iv). The user interface is intuitive:
The user-friendly interface of IBM Planning Analytics makes planning and analysis a breeze. Using the application, building models, and doing calculations doesn't require extensive training.
v). A flexible scenario planning approach:
Businesses can explore different what-if scenarios and evaluate their potential impact with the software's robust scenario planning capabilities. As a result, organizations can make proactive decisions, assess risks, and adapt to changing market conditions.
i). A powerful forecasting and analysis tool:
There's a lot of power in IBM Planning Analytics when it comes to forecasting and analysis. A business can generate accurate predictions, identify trends, and gain valuable insights into their financial and operational performance using its advanced algorithms and modeling techniques.
ii). Integrate seamlessly:
Integrates seamlessly with different data sources and existing systems, making it easy to consolidate data from different departments. With this integration, organizations can make better decisions based on a comprehensive view of their business and improve data accuracy.
iii). Creating a collaborative environment:
Through IBM Planning Analytics, you can collaborate with team members in real-time. Having multiple stakeholders work on planning, budgeting, and forecasting simultaneously improves coordination and reduces delays.
iv). The user interface is intuitive:
The user-friendly interface of IBM Planning Analytics makes planning and analysis a breeze. Using the application, building models, and doing calculations doesn't require extensive training.
v). A flexible scenario planning approach:
Businesses can explore different what-if scenarios and evaluate their potential impact with the software's robust scenario planning capabilities. As a result, organizations can make proactive decisions, assess risks, and adapt to changing market conditions.
What do you dislike about the product?
i). The learning curve:
IBM Planning Analytics has a steep learning curve, especially for new users or people unfamiliar with similar software. However, the complexity of certain features and functions may require additional training or support to utilize the software fully.
ii). Support for mobile devices is limited:
Some other planning and analytics tools have more mobile support than IBM Planning Analytics. Although mobile devices can access it through web browsers, the experience and functionality may be limited, making it less convenient for users who rely heavily on mobility.
IBM Planning Analytics has a steep learning curve, especially for new users or people unfamiliar with similar software. However, the complexity of certain features and functions may require additional training or support to utilize the software fully.
ii). Support for mobile devices is limited:
Some other planning and analytics tools have more mobile support than IBM Planning Analytics. Although mobile devices can access it through web browsers, the experience and functionality may be limited, making it less convenient for users who rely heavily on mobility.
What problems is the product solving and how is that benefiting you?
IBM Planning Analytics offers significant benefits to businesses, solving several joint planning and analysis problems. Here are some of the problems it solves and the benefits it brings:
i). Integration of complex data:
Data from different sources is often fragmented and inconsistent because businesses struggle to consolidate it. With IBM Planning Analytics, organizations can get a unified view of their operations by seamlessly integrating diverse data sets. This helps users plan, forecast, and make decisions with accurate and comprehensive data.
ii). Inefficient processes:
The manual planning process can be time-consuming, error-prone, and inflexible. With IBM Planning Analytics, you can automate tasks, eliminate manual errors, and collaborate in real time. As a result, users can focus on strategic analysis and decision-making, which improves efficiency and reduces cycle times.
iii). Analysis and insights are limited:
Traditionally, planning tools don't give you deep insights and analysis. This limitation is overcome by IBM Planning Analytics' powerful modeling and analytics. Making data-driven decisions and gaining actionable insights can be done using complex calculations, scenario analysis, and predictive modeling.
i). Integration of complex data:
Data from different sources is often fragmented and inconsistent because businesses struggle to consolidate it. With IBM Planning Analytics, organizations can get a unified view of their operations by seamlessly integrating diverse data sets. This helps users plan, forecast, and make decisions with accurate and comprehensive data.
ii). Inefficient processes:
The manual planning process can be time-consuming, error-prone, and inflexible. With IBM Planning Analytics, you can automate tasks, eliminate manual errors, and collaborate in real time. As a result, users can focus on strategic analysis and decision-making, which improves efficiency and reduces cycle times.
iii). Analysis and insights are limited:
Traditionally, planning tools don't give you deep insights and analysis. This limitation is overcome by IBM Planning Analytics' powerful modeling and analytics. Making data-driven decisions and gaining actionable insights can be done using complex calculations, scenario analysis, and predictive modeling.
Agile growth acceleration drive
What do you like best about the product?
This tool brings all the workforce systems under one control system to enhance teamwork and efficient planning arithmetics. It has driven positive growth in our department and increased revenue income. The product has brought in predictive analytics and intelligence network that has automated ket planning and development programs.
What do you dislike about the product?
There is no least performing feature in the entire system. Everything has been perfect and we are really thankful for great input.
What problems is the product solving and how is that benefiting you?
Data processing for effective decision-making and planning have stimulated faster business growth. It has enhanced real-time data analysis capable for validation and provision of relevant business forecasts. It promotes positive Work plan and workflow optimization.
Using AI to transform businesses!
What do you like best about the product?
I like how IBM Planning Analytics emphasizes the ease of updating microsoft excel sheets. It uses AI to make fast predictions and enhance business workflows, reducing the work users have to put into editing their Excel sheets.
What do you dislike about the product?
I wouldn't say I like how to get started; users must book a consultation or a demo. It might not be clear which one to book first without knowing the response time.
What problems is the product solving and how is that benefiting you?
Business planning solutions currently require many different features to analyze forecasting of sales. IBM Planning Analytics is solving this complicated process by combining AI and high performance technology to create an integrated user tool.
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