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What is IBM Planning Analytics?

IBM Planning Analytics, powered by IBM TM1®, delivers a unified planning solution designed to boost collaboration across the organization while keeping pace with the swift changes of modern business environments. Its powerful calculation engine allows this enterprise performance management tool to overcome the limitations associated with conventional spreadsheets, thereby streamlining the planning process for more rapid and accurate results. By aggregating vast amounts of data into a singular repository, users can develop sophisticated, multidimensional models that provide more reliable forecasts, leading to better decision-making. Rather than depending on cumbersome and error-prone planning techniques, organizations can embrace a more automated and trustworthy approach tailored to their specific business needs. This platform effectively breaks down silos, integrates diverse data sources, and aligns planning activities throughout the organization, offering a holistic view that aids in formulating cohesive strategies. Furthermore, users can visualize the impacts of their decisions prior to execution using what-if scenarios, equipping them with the capability to adjust plans in real-time in response to evolving circumstances. The dynamic nature of this tool ultimately empowers businesses to remain nimble and responsive in a rapidly changing market landscape, ensuring they can seize emerging opportunities as they arise.

What is Abacum?

Abacum is an advanced FP&A platform that leverages artificial intelligence to transform how finance teams handle planning, forecasting, and reporting. It brings all financial data, models, and workflows into a single, unified environment, eliminating silos and improving accuracy. Designed for fast-changing businesses, Abacum ensures that planning processes stay aligned with real-time operations and strategic goals. The platform tackles key challenges such as multiple data sources, slow model updates, and unreliable reporting outputs. Its AI-powered engine automates essential tasks like data cleaning, anomaly detection, classification, and forecasting, significantly reducing manual workload. Finance teams can build, adjust, and scale financial models quickly without needing technical expertise or external support. Abacum supports continuous and collaborative planning, allowing teams across the organization to contribute and stay aligned. It also offers powerful reporting features, including live dashboards, drill-down capabilities, and AI-driven summaries that explain performance trends. With extensive integrations, the platform connects seamlessly to existing tools and data systems, ensuring smooth data flow. Abacum enhances decision-making by providing accurate, real-time insights that stakeholders can trust. The platform is designed to scale with growing organizations while maintaining ease of use and flexibility. Overall, it empowers finance leaders to shift from reactive reporting to proactive, strategic planning.

Media

Media

Integrations Supported

MotioCI

Integrations Supported

BambooHR
DATEV
Greenhouse
Gusto
Kickbox
Looker
Mattermark
PersistIQ
Personio
QuickBooks Online
Rejoiner
Rippling
Sage Intacct
Salesforce
Sapling
Stripe
Tableau
Workday Adaptive Planning

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Windows

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Online Training

Company Facts

Organization Name

IBM

Date Founded

1911

Company Location

United States

Company Website

www.ibm.com/products/planning-analytics

Company Facts

Organization Name

Abacum

Date Founded

2020

Company Location

United States

Company Website

www.abacum.ai/

Categories and Features

Budgeting

"What If" Scenarios
Asset Planning
Balance Sheet
Capital Asset Planning
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement
Project Budgeting
Run Rate Tracking
Version Control

Business Performance Management

Ad Hoc Reports
Ad hoc Analysis
Budgeting & Forecasting
Consolidation / Roll-Up
Dashboard
Key Performance Indicators
Predictive Analytics
Qualitative Analysis
Quantitative Analysis
Scorecarding
Strategic Planning

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Consolidation / Roll-Up
Forecasting
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Sales Analytics

Not specified

Sales Forecasting

Not specified

Strategic Planning

Not specified

Supply Chain Planning

Not specified

Categories and Features

Budgeting

Not specified

Financial Analytics

Not specified

Sales Forecasting

Not specified

Sales Planning

Not specified

Workforce Planning

Not specified

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