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What is TM1?

IBM Planning Analytics, commonly referred to as TM1, is an ideal tool for transforming traditional spreadsheet-based methods of budgeting, forecasting, financial reporting, and analytical functions into scalable solutions suitable for enterprises. By combining the user-friendly nature of spreadsheets with the robust features of an enterprise database, TM1 presents a distinct strategy for managing finances. This innovative technology utilizes a cell-oriented structure similar to that of classic spreadsheets, yet it supports collaboration among thousands of users while managing vast amounts of data and complex models that accurately mirror business needs. As a result, TM1 represents a natural progression from conventional spreadsheets, enhancing their intuitive capabilities and flexibility to meet the demands of larger organizations. Moreover, TM1 allows business users to merge various data sources with their own insights, facilitating the creation of comprehensive business models that are vital for making informed decisions. This capability not only boosts overall productivity but also equips organizations to adapt swiftly to changing market conditions, thereby reinforcing their competitive edge in the industry. Furthermore, by streamlining the integration process, TM1 encourages a culture of collaboration and innovation across different departments within the organization.

What is FinForecast?

FinForecast serves as a specialized financial forecasting tool designed specifically for CFOs, finance experts, and accountants who require accurate and reliable financial predictions. The platform facilitates the creation of interconnected Profit & Loss, Balance Sheet, and Cash Flow forecasts, simplifying the often cumbersome process associated with conventional spreadsheet models. Traditional Excel forecasting methods tend to struggle as they become more complex, requiring manual adjustments to maintain consistency across financial statements. In contrast, FinForecast addresses the fragility of typical spreadsheets by leveraging a powerful forecasting engine that automatically updates financial statements whenever changes are made to the underlying assumptions. By simply entering parameters such as revenue, expenses, headcount, and funding assumptions, users can quickly generate forecasts with the platform producing cohesive financial statements seamlessly. Furthermore, the scenario planning capability enables finance teams to analyze various growth, funding, and cost scenarios, while forecasts can be readily modified based on actual performance data to maintain rolling forecasts. As it enhances the forecasting process, FinForecast is particularly beneficial for businesses focused on growth and effective cash flow management, positioning itself as a critical tool in the ever-evolving financial environment. This innovative solution not only improves precision but also fosters greater confidence in the financial decision-making processes of organizations. Ultimately, FinForecast empowers finance professionals to navigate uncertainties with ease and clarity.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$19.99/month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Cubewise

Date Founded

2004

Company Location

Australia

Company Website

cubewise.com

Company Facts

Organization Name

FinForecast

Date Founded

2025

Company Location

United Kingdom

Company Website

finforecast.app

Categories and Features

Categories and Features

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