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Easy to use, very powerful and flexible planning and analytical toolset
What do you like best about the product?
It doesn't matter what the problem is, you can always resolve it using planning analytics.
The workspace front end makes this an easy process.
The workspace front end makes this an easy process.
What do you dislike about the product?
Performance tuning feeders can be challenging.
What problems is the product solving and how is that benefiting you?
It is used to provide a planning solution to multiple areas within the organisation, force financial and operational.
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IBM Planning Analytics: Empowering Businesses with Next-Level Planning and Analysis
What do you like best about the product?
Today's businesses need robust tools to deal with the complexity of planning and decision-making. Planning Analytics from IBM is a game-changer, changing how companies plan, forecast, and analyze. As someone who has extensively explored IBM Planning Analytics' features and functionalities, I'm excited to share my review.
i). A powerful forecasting and analysis tool:
There's a lot of power in IBM Planning Analytics when it comes to forecasting and analysis. A business can generate accurate predictions, identify trends, and gain valuable insights into their financial and operational performance using its advanced algorithms and modeling techniques.
ii). Integrate seamlessly:
Integrates seamlessly with different data sources and existing systems, making it easy to consolidate data from different departments. With this integration, organizations can make better decisions based on a comprehensive view of their business and improve data accuracy.
iii). Creating a collaborative environment:
Through IBM Planning Analytics, you can collaborate with team members in real-time. Having multiple stakeholders work on planning, budgeting, and forecasting simultaneously improves coordination and reduces delays.
iv). The user interface is intuitive:
The user-friendly interface of IBM Planning Analytics makes planning and analysis a breeze. Using the application, building models, and doing calculations doesn't require extensive training.
v). A flexible scenario planning approach:
Businesses can explore different what-if scenarios and evaluate their potential impact with the software's robust scenario planning capabilities. As a result, organizations can make proactive decisions, assess risks, and adapt to changing market conditions.
i). A powerful forecasting and analysis tool:
There's a lot of power in IBM Planning Analytics when it comes to forecasting and analysis. A business can generate accurate predictions, identify trends, and gain valuable insights into their financial and operational performance using its advanced algorithms and modeling techniques.
ii). Integrate seamlessly:
Integrates seamlessly with different data sources and existing systems, making it easy to consolidate data from different departments. With this integration, organizations can make better decisions based on a comprehensive view of their business and improve data accuracy.
iii). Creating a collaborative environment:
Through IBM Planning Analytics, you can collaborate with team members in real-time. Having multiple stakeholders work on planning, budgeting, and forecasting simultaneously improves coordination and reduces delays.
iv). The user interface is intuitive:
The user-friendly interface of IBM Planning Analytics makes planning and analysis a breeze. Using the application, building models, and doing calculations doesn't require extensive training.
v). A flexible scenario planning approach:
Businesses can explore different what-if scenarios and evaluate their potential impact with the software's robust scenario planning capabilities. As a result, organizations can make proactive decisions, assess risks, and adapt to changing market conditions.
What do you dislike about the product?
i). The learning curve:
IBM Planning Analytics has a steep learning curve, especially for new users or people unfamiliar with similar software. However, the complexity of certain features and functions may require additional training or support to utilize the software fully.
ii). Support for mobile devices is limited:
Some other planning and analytics tools have more mobile support than IBM Planning Analytics. Although mobile devices can access it through web browsers, the experience and functionality may be limited, making it less convenient for users who rely heavily on mobility.
IBM Planning Analytics has a steep learning curve, especially for new users or people unfamiliar with similar software. However, the complexity of certain features and functions may require additional training or support to utilize the software fully.
ii). Support for mobile devices is limited:
Some other planning and analytics tools have more mobile support than IBM Planning Analytics. Although mobile devices can access it through web browsers, the experience and functionality may be limited, making it less convenient for users who rely heavily on mobility.
What problems is the product solving and how is that benefiting you?
IBM Planning Analytics offers significant benefits to businesses, solving several joint planning and analysis problems. Here are some of the problems it solves and the benefits it brings:
i). Integration of complex data:
Data from different sources is often fragmented and inconsistent because businesses struggle to consolidate it. With IBM Planning Analytics, organizations can get a unified view of their operations by seamlessly integrating diverse data sets. This helps users plan, forecast, and make decisions with accurate and comprehensive data.
ii). Inefficient processes:
The manual planning process can be time-consuming, error-prone, and inflexible. With IBM Planning Analytics, you can automate tasks, eliminate manual errors, and collaborate in real time. As a result, users can focus on strategic analysis and decision-making, which improves efficiency and reduces cycle times.
iii). Analysis and insights are limited:
Traditionally, planning tools don't give you deep insights and analysis. This limitation is overcome by IBM Planning Analytics' powerful modeling and analytics. Making data-driven decisions and gaining actionable insights can be done using complex calculations, scenario analysis, and predictive modeling.
i). Integration of complex data:
Data from different sources is often fragmented and inconsistent because businesses struggle to consolidate it. With IBM Planning Analytics, organizations can get a unified view of their operations by seamlessly integrating diverse data sets. This helps users plan, forecast, and make decisions with accurate and comprehensive data.
ii). Inefficient processes:
The manual planning process can be time-consuming, error-prone, and inflexible. With IBM Planning Analytics, you can automate tasks, eliminate manual errors, and collaborate in real time. As a result, users can focus on strategic analysis and decision-making, which improves efficiency and reduces cycle times.
iii). Analysis and insights are limited:
Traditionally, planning tools don't give you deep insights and analysis. This limitation is overcome by IBM Planning Analytics' powerful modeling and analytics. Making data-driven decisions and gaining actionable insights can be done using complex calculations, scenario analysis, and predictive modeling.
Agile growth acceleration drive
What do you like best about the product?
This tool brings all the workforce systems under one control system to enhance teamwork and efficient planning arithmetics. It has driven positive growth in our department and increased revenue income. The product has brought in predictive analytics and intelligence network that has automated ket planning and development programs.
What do you dislike about the product?
There is no least performing feature in the entire system. Everything has been perfect and we are really thankful for great input.
What problems is the product solving and how is that benefiting you?
Data processing for effective decision-making and planning have stimulated faster business growth. It has enhanced real-time data analysis capable for validation and provision of relevant business forecasts. It promotes positive Work plan and workflow optimization.
Using AI to transform businesses!
What do you like best about the product?
I like how IBM Planning Analytics emphasizes the ease of updating microsoft excel sheets. It uses AI to make fast predictions and enhance business workflows, reducing the work users have to put into editing their Excel sheets.
What do you dislike about the product?
I wouldn't say I like how to get started; users must book a consultation or a demo. It might not be clear which one to book first without knowing the response time.
What problems is the product solving and how is that benefiting you?
Business planning solutions currently require many different features to analyze forecasting of sales. IBM Planning Analytics is solving this complicated process by combining AI and high performance technology to create an integrated user tool.
Comprehensive data analysis platform
What do you like best about the product?
IBM Planning Analytics provides basic data management arithmetics in the organization. It helps my team to compile employee data and workflows. The product has enhanced efficient employee compensation on set timelines.
What do you dislike about the product?
My encounter with this product has been positive since we deployed it. The gains are great and each penny counts.
What problems is the product solving and how is that benefiting you?
It provides tools for employee for revenue budgeting throughout. We have cut cost on unnecessary spending in project implementation programs. This application has enabled the company to strategize and build reliable work plan based on data analytics.
FP&A for Industry
What do you like best about the product?
The tool is always becoming better and user friendly.
What do you dislike about the product?
Lack of training and support for IBM. We need to discover each new funcionality from IBM help or international YouTube consultants.
What problems is the product solving and how is that benefiting you?
Create different scenarios for Budget and Forecasts, easy and fast.
Excellent analytics tool
What do you like best about the product?
IBM PA has a powerful engine that handles sparsity very well - other competing software solutions do not compete. It is flexible and completely customizable to fit your business and planning needs.
What do you dislike about the product?
There are challenges with the fact that PA is so customizable; there are times when something "can" be done in PA, but really should not and can cause issues down the line.
What problems is the product solving and how is that benefiting you?
We utilize PA internally for revenue forecasting and resource planning.
Our most common implementations include: Demand and Supply Planning and Financial Planning
The benefits include: single source of truth for data, integrated platform to eliminate siloes in planning, self-service analytics - eliminates reliance on IT for data
Our most common implementations include: Demand and Supply Planning and Financial Planning
The benefits include: single source of truth for data, integrated platform to eliminate siloes in planning, self-service analytics - eliminates reliance on IT for data
A powerful and flexible tool.
What do you like best about the product?
It is easy to access because it is a web-based (cloud) environment. And also, Planning Analytics for Excel (PAFE) is quite a good interface for working in Excel.
What do you dislike about the product?
To be more user-friendly, it still needs improvements. Since it is web-based (cloud), it does not yet have the easy-to-use features of an operating system-based application.
What problems is the product solving and how is that benefiting you?
It stabilizes the planning process, so companies make strategy development easier.
Poweful and flexible tol for corporate planning and budgeting processes.
What do you like best about the product?
It has built in business rule engine which helps you easily translate business requirements into the model. Handles calculations very well on large data sets.
What do you dislike about the product?
In large models memory and cpu utilizations could be better maintained.
What problems is the product solving and how is that benefiting you?
Corporate business planning and forecasting is very hard when done in excel. Ibm Pa helps companies complete their planning and forecasting processes in a secure collaborative centralized environment.
Better approach
What do you like best about the product?
Ease of data capturing , flexible presen
What do you dislike about the product?
All fare approach is used with no issues.
What problems is the product solving and how is that benefiting you?
Ship planning and docking station.
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