IBM Planning Analytics as a Service
IBM SoftwareExternal reviews
244 reviews
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A powerful and ever evolving technology
What do you like best about the product?
IBM is consistently looking for feedback and introducing new features to provide a better user experience and improve the server stability
What do you dislike about the product?
Unfortunately as somewhat of a corner case (using a very large distributed Linux setup) we do end up with multiple stability issues leading to server crashes throughout the year. These issues are often hard to track down and resolve without large upgrade or configuration efforts which consume a large amount of time.
What problems is the product solving and how is that benefiting you?
We use PA to solve our Finance and reporting needs.
Complete but slightly cluttered
What do you like best about the product?
Speed, Reporting Flexibility, Scalability,
What do you dislike about the product?
Sometimes cluttered nature of the tree structure in typical environments, however I realize this can be improved in development
What problems is the product solving and how is that benefiting you?
Typical self service financial reporting from multiple ERPs.
Planning Analytics improves processes and saves us time
What do you like best about the product?
The ability to have basic settings and capabilities for end users while at the same time offering dynamic high level power users the ability to pull data in multiple formats.
What do you dislike about the product?
Because it is still growing and changing (which is understandable) sometimes support is slow or lacking. O
What problems is the product solving and how is that benefiting you?
Time. The ability to use both Cognos Analytics and Planning Analytics allows us to import GL data into our daily Planning Analytics environment which helps close out the monthly process a lot quicker than before we used TM1.
Recommendations to others considering the product:
Plan well.
TM1 Product Review
What do you like best about the product?
I personally love the DBRW functionality they make life so much easier when you can link multiple workbooks together and with one change of a dimension you can update all the workbooks together.
What do you dislike about the product?
I am not a huge fan of PAX I find it rather confusing at times and then I just don't really like the layout look.
What problems is the product solving and how is that benefiting you?
We are strengthening the forecasting and budget process with it, every day making life a little easier by tying up loose ends and working through outdated materials.
Recommendations to others considering the product:
Practice the DBRW's because once you are able to create workbooks that use them to the maximum capability they can completely transform your business and drive how you will make decisions.
The best software for Business Modeling, needs more investment
What do you like best about the product?
PA provides best in class flexibility for business modeling. It provides users a flexible way to interact with and change their data in real time at scale. When compared to its competitors TM1 continues to scale better than popular alternatives like Anaplan
What do you dislike about the product?
TM1 is showing its age and still lags behind competitors when it comes to User Interfaces. While changes are coming, they simply do not show up quick enough. The focus on new users and ease of adoption leaves enterprise customers feeling like 2nd class. Additionally, IBM's paid strategy has made adoption and trial a challange for new users. Without a developer addition of the software there will continue to be a lack of skill set in the market.
What problems is the product solving and how is that benefiting you?
PA can be used to solve almost any problems in the office of finance. Planning, Analysis, and Reporting, if you can dream it you can probably build it.
Very useful
What do you like best about the product?
Ability to customize reports for various context
What do you dislike about the product?
Can take time figuring out how to customize a report to your needs
What problems is the product solving and how is that benefiting you?
Running reports that need to be sorted by various filters such as period, account, entity for various tax and accounting needs
User-friendly and helpful reporting tool
What do you like best about the product?
The application is very easy to use. It doesn't take long time to learn how to get the most of it and how to improve your work. It's a very helpful tool in both reporting but also performing financial analysis.
What do you dislike about the product?
It would be helpful to have the possibility to access some video tutorials on how different interfaces can be managed and the different ways you can view the reports/data.
What problems is the product solving and how is that benefiting you?
Reconciliation of financial statements, KPI reporting, Intercompany transactions.
Recommendations to others considering the product:
IBM Planning Analytics can be of great help to every organisation, which provides knowledge and assistance in financial reporting and business analysis.
Very useful
What do you like best about the product?
It can be complex as your organization needs but very clear and easy to read
What do you dislike about the product?
it is not a bad thing but the access is very limited depending the user
What problems is the product solving and how is that benefiting you?
It reduced a lot of workload and processing time comparing with our previous system
easy to use
What do you like best about the product?
TM1 makes it very easy for our organization to input budgeting information across various divisions and roll it up into usable information.
What do you dislike about the product?
The program looks a little outdated and could be a little more user friendly.
What problems is the product solving and how is that benefiting you?
We are solving for an ability to track budget initiatives and spend over multiple divisions.
IB Cognos TM1 Review
What do you like best about the product?
It is an interactive workspace for reporting and analytics purposes that allows for easy aggregation of different views / cubes through the export to excel function. The ability to manipulate different dimensions makes the software interactive and efficient. It also allows for personal views that can be saved and re-used in the software for recurring reporting processes.
What do you dislike about the product?
Software latency issues as there are often freezes and system lags.
What problems is the product solving and how is that benefiting you?
IBM Cognos allows for analytics and reporting for businesses. It helps with the budgeting and forecasting of expenses and revenues for businesses.
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