IBM Planning Analytics as a Service
Fast, Responsive Planning Analytics That Streamlines Budgeting and Month-End Close
Outstanding Performance and Flexible Calculations
Clear Step-by-Step Workflows with Time-Saving Drag-and-Drop
Thorough, Useful Information Every Time
Centralizes Data for Accurate Planning, Steep Learning Curve
Fast TM1 Engine and Native Excel Integration for Real-Time Planning at Scale
Accurate Predictive Forecasting That Delivers
Powerful analysis and collaboration, but with a steep learning curve and high cost
Powerful Scenario Planning Backed by a Detailed Execution Plan
Centralized real-time forecasting has transformed annual budgeting and complex data management
What is our primary use case?
My main use case for IBM Planning Analytics is powerful planning and forecasting with fast updates and smooth Excel integration, which makes it ideal for handling large data sets efficiently. The biggest advantage is how powerful it is for planning and forecasting. Once everything is set up, it handles large data sets very well and the updates are fast. I also appreciate the Excel integration because it makes it easier to work with if you are already accustomed to spreadsheets. The TM1 engine runs in-memory, so calculations and updates happen quickly.
What is most valuable?
The best features IBM Planning Analytics offers include powerful planning and forecasting features, which stand out to me due to their ease of setup. The settings are very easy to configure. The updates are fast. I also appreciate the integration with Excel.
Additional features worth mentioning about IBM Planning Analytics include efficient handling and consolidation of large financial data sets, real-time calculations, near real-time data updates, advanced forecasting, and multi-scenario planning capabilities.
IBM Planning Analytics has positively impacted my organization by saving time from manual data processing and serving as a great and helpful tool. The real-time forecasting helps us quickly understand business changes and respond to them. We have reduced manual errors due to its centralized data management and version controls. Due to its automated data processing, it has reduced our budget through cost reduction and time saving.
The Excel integration in IBM Planning Analytics helps move away from scattered spreadsheets and manual planning, making my day-to-day work easier. Having everything in one place makes it easier to manage data and create forecasts. It also saves time once workflows are set up properly. With IBM Planning Analytics, data is centralized and calculations happen in real time, making it easier to manage budgets, forecast, and scenarios in one place.
What needs improvement?
Improvement is needed in IBM Planning Analytics because it requires a lot of time to learn and master. The learning curve with IBM Planning Analytics is challenging primarily because advanced features are somewhat more complex to understand. That is why it requires a lot of time to learn and master it.
What do I think about the stability of the solution?
IBM Planning Analytics is stable, and I find it to be very reliable.
What do I think about the scalability of the solution?
The scalability of IBM Planning Analytics is highly efficient because it can handle my organization's growth efficiently.
How are customer service and support?
The customer support for IBM Planning Analytics is responsive and proactive, and I have had positive experiences with their support team, who have been very helpful, especially in certain areas and training sessions.
Which solution did I use previously and why did I switch?
I previously used BeyondTrust Remote Support before switching to IBM Planning Analytics.
How was the initial setup?
Deploying IBM Planning Analytics in my environment was very easy as we did not encounter any issues.
My experience with the configuration process of IBM Planning Analytics was very smooth and efficient.
What was our ROI?
We see a return on investment with IBM Planning Analytics as we are able to forecast the budget for the entire year with significant time saving. All complex data can be easily processed. With Excel add-in functionality, it is easier to have all data in one place, which can be used to create pivot tables or data visualization. The data protection protocols are well established, thus improving security.
What's my experience with pricing, setup cost, and licensing?
My experience with pricing, setup cost, and licensing for IBM Planning Analytics was cost-efficient.
Which other solutions did I evaluate?
Before choosing IBM Planning Analytics, I evaluated other options and considered why I switched from BeyondTrust Remote Support.
What other advice do I have?
My advice for others looking into IBM Planning Analytics is that it is well-suited for an IT organization during budget planning exercises, as the tool can easily forecast data, which helps in budget planning. The planning efficiency is very quick, and real-time data processing is done within one click. It is a highly recommendable tool and a game-changer.
My additional thoughts about IBM Planning Analytics include that the Excel add-in helps us directly interact with the data in Excel without the need to switch to different tools. I rate this product a 10 out of 10.