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.

Pricing

Free Trial Offered?:
Yes

Screenshots and Video

IBM Planning Analytics Screenshot 1

Company Facts

Company Name:
IBM
Date Founded:
1911
Company Location:
United States
Company Website:
www.ibm.com/products/planning-analytics

Product Details

Deployment
SaaS
Windows
Training Options
Documentation Hub
Online Training
Webinars
On-Site Training
Support
24 Hour Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

IBM Planning Analytics Categories and Features

Financial Reporting Software

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

Business Performance Management Software

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

Budgeting Software

"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

IBM Planning Analytics Customer Reviews

Write a Review
  • Reviewer Name: A Verified Reviewer
    Position: Strategic Account Specialist
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 5,000 - 9,999
    Feature Set 5 out of 5 stars
    Layout 5 out of 5 stars
    Ease Of Use 4 out of 5 stars
    Cost 5 out of 5 stars
    Customer Service 5 out of 5 stars
    Would you Recommend to Others? 9 out of 10

    Budgeting and Forecasting at Breeze with IBM Planning Analytics

    4 out of 5 stars Date: Nov 05 2020
    Summary

    My overall experience has been great and I am able to automate business processes such as workflow and calculating profitability by products and regions.

    Positive

    Multidimensional models available on IBM Planning Analytics is what I give thumbs up more since it eases profitability determination.

    Negative

    It is overwhelming to fully customize all the features onIBM Planning Analytics.

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  • Reviewer Name: Alexander W.
    Position: Data Analyst
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set 5 out of 5 stars
    Layout 5 out of 5 stars
    Ease Of Use 5 out of 5 stars
    Cost 4 out of 5 stars
    Customer Service 5 out of 5 stars
    Would you Recommend to Others? 10 out of 10

    A very helpful tool

    5 out of 5 stars Date: Nov 08 2020
    Summary

    I like how great it is for analyzing data.
    Also it is very easy to use and also to understand since it is not complicated.

    Positive

    I like how it normally keeps everything in order especially data so that the organization can have a glimpse of their business.
    Also i like how great it is for analyzing data.

    Negative

    So far i haven't come across any negativity while working with it.

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  • Reviewer Name: A Verified Reviewer
    Position: IT Support Specialist
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Feature Set 5 out of 5 stars
    Layout 4 out of 5 stars
    Ease Of Use 4 out of 5 stars
    Cost 5 out of 5 stars
    Customer Service 4 out of 5 stars
    Would you Recommend to Others? 8 out of 10

    IBM Planning Analytics for budgeting

    4 out of 5 stars Date: Nov 10 2020
    Summary

    Overall, budgeting, forecasting and profitability determination has never failed to work well with IBM Planning Analytics.

    Positive

    I like how easy it has been to calculate profitability by either products or locations with IBM Planning Analytics.

    Negative

    It is a bit hectic to customize multidimensional models on IBM Planning Analytics.

    Read More...
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