IBM Planning Analytics as a Service
IBM SoftwareExternal reviews
242 reviews
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Industry leader for Planning tools
What do you like best about the product?
Flexibility, ease of use, easy to configure
What do you dislike about the product?
Cloud solution offered has some issues, specifically around licensing
What problems is the product solving and how is that benefiting you?
Financial PLanning
Planning platform which is powerful and highly configurable
What do you like best about the product?
It is a reliable platform, with powerful and flexible modelling to meet business requirements. The toolset is reliable and platform has good performance for its purpose.
What do you dislike about the product?
The co-existence of multiple versions of tools can require too much decisions from novice users. But good for power users.
What problems is the product solving and how is that benefiting you?
We are business partners so integrate with the tool.
Easy to use Planning system
What do you like best about the product?
Finance users can easily use cube views, web interfaces, slice and dice data for exploration purposes
What do you dislike about the product?
Performance and stability, the server crashes intermittently without enough logging
What problems is the product solving and how is that benefiting you?
Perform budgeting activities and BVA analysis
Very Useful Financial Consolidation, Planning and Reporting product
What do you like best about the product?
The flexiblity is Financial planning and Consolidations.
What do you dislike about the product?
The after sales support and product support for TM1 is just not right.
What problems is the product solving and how is that benefiting you?
HeadCount Planning, Revenue Planning, Management Reporting
IBM Planning Analytics
What do you like best about the product?
I have had the opportunity to use several analytics tools from IBM including Cognos and TM1.
What do you dislike about the product?
I found TM1 to be a niche product that can be difficult to find resources to support and train.
What problems is the product solving and how is that benefiting you?
We recently completed a POC looking at TM1 to be the foundation for a new financial reporting system for reserving.
Great Planning Tool
What do you like best about the product?
General usability is very easy to pick up being based in Excel. The many different access points (PAX, PAW, Web, and Perspectives offer great variety and customization.
What do you dislike about the product?
Compared with older versions of TM1, the functionality is a bit buggy and performance is slower. Recent updates have been taking care of some of the problems, but there is still more work to be done.
What problems is the product solving and how is that benefiting you?
We use the tool to perform our internal financial planning/forecasting requirements. The tool has been critical in creating a single version of the truth that is able to pass an audit.
Recommendations to others considering the product:
If upgrading from TM1, make sure to do thorough testing of all functionality, specifically reports.
TM1 User Experience
What do you like best about the product?
Anaytical and dynamic aspects of data modeling.
What do you dislike about the product?
Glitches and inconsistency within version of software releases.
What problems is the product solving and how is that benefiting you?
Planning, Bugeting, Cost reduction/savings.
Recommendations to others considering the product:
Do your research and due diligence prior to implementing. There are a lot of performance differences between 10.2.2 vs PA. There are supporting functionalities that are also no longer supported, depending on if you are using it.
Flexible and Fast
What do you like best about the product?
Tm1 is a blank canvas for planning and analysis. Developers can create models to meet the specific business needs.
What do you dislike about the product?
High developmental hurdle to start. Requiers additional IT support
What problems is the product solving and how is that benefiting you?
Distributed enterprise planning
User of reports
What do you like best about the product?
flexiblity and integration with excel. Reporting capabiliites
What do you dislike about the product?
no detailed mapping applications, sometimes not that easy for the end user to use
What problems is the product solving and how is that benefiting you?
process efficiencies
Great tool
What do you like best about the product?
Easy to use and friendly interface. Powerful features
What do you dislike about the product?
Some complex features that need a deep knowledge
What problems is the product solving and how is that benefiting you?
Planning our budget for differtent business units
Recommendations to others considering the product:
none
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