IBM Planning Analytics for IBM Cloud Pak for Data
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Strategic Planning Made Effortless with IBM
What do you like best about the product?
I like how IBM Planning Analytics allows me to have financial and operational info in one place, making it easier to run scenarios and understand the impact of budgets under different circumstances. The tool helps in structuring, analyzing, and planning tasks related to supplier sourcing and contract negotiation. It's great for comparing different scenarios, costs, and potential supplier options, which is especially useful in our decision-making processes. I appreciate how it turns raw financial data into something understandable and actionable, aiding communication and decision-making for stakeholders and the financial team. The ability to explore faster 'what-if' situations is particularly beneficial, and it significantly prepares us better for negotiations by providing clear data when new suppliers come in. The report visualization for stakeholders is also a fantastic feature.
What do you dislike about the product?
I'm a newbie in this sector, and the learning curve is challenging. It's a very useful platform, but I need more time. It's flexible and can be navigated by users who aren't deeply technical, but they are a bit scared of the complexity sometimes.
What problems is the product solving and how is that benefiting you?
I use IBM Planning Analytics to structure, analyze, and plan supplier sourcing and contract negotiation. It consolidates financial and operational data, making scenario comparisons easy. This helps in decision-making and negotiating leverage by quickly updating forecasts with new supplier data, providing clarity and visual report insights.
Powerful Financial Planning with Some UI Challenges
What do you like best about the product?
I use IBM Planning Analytics for financial planning, budgeting, and forecasting, which helps analyze business data and create accurate forecasts for better decision making. I like that it reduces manual spreadsheets and improves accuracy and collaboration. It allows quick analysis of large datasets and supports scenario planning. The Excel integration makes it easier for teams to work with familiar tools and work with data in a familiar environment while still using the power of the platform.
What do you dislike about the product?
One thing that could be improved in IBM Planning Analytics is the user interface, which can feel a bit complex for new users. The interface can sometimes feel a bit cluttered, especially when navigating between different planning and reporting sections. The initial setup was manageable but required some technical knowledge and planning.
What problems is the product solving and how is that benefiting you?
I use IBM Planning Analytics for financial planning, budgeting, and forecasting. It reduces manual spreadsheets, improves accuracy and collaboration, offers quick analysis of large datasets, and supports scenario planning with Excel integration.
Centralized Planning with Flexible Excel Integration
What do you like best about the product?
I appreciate IBM Planning Analytics for its ability to centralize data, which eliminates the need for multiple spreadsheets and makes collaboration much easier for my team. The platform allows us to run scenario simulations quickly, which is beneficial for planning pricing strategies, especially when dealing with variables like holiday-induced price changes. I like its flexibility and excellent Excel integration, which help us update reports, explore data quickly, and adjust assumptions to see immediate impacts on forecasts or margins. The flexibility in particular stands out. Additionally, the learning curve was manageable for me, and the onboarding process was smooth, which made getting started relatively easy.
What do you dislike about the product?
The learning curve for me was alright, but for others it seems to be a bit steep at first.
What problems is the product solving and how is that benefiting you?
IBM Planning Analytics helps us centralize data and collaborate better by avoiding separate spreadsheets. We can quickly run scenario simulations to track pricing strategies and see their impact on business performance. Flexibility and Excel integration make it easier to update reports and explore data efficiently.
Powerful Tool for Strategic Decision-Making
What do you like best about the product?
I really like the MS Excel integration in IBM Planning Analytics; it's great. The dashboards are extensive and well-designed. Even though I'm not a power user, it's impressive to see how power users can build brilliant forecasting models with it. It's also very valuable as our single source of truth for budgetary decisions focused on revenue. Additionally, it's a great tool for taking data-driven strategic decisions.
What do you dislike about the product?
I, as a business user, find it hard to build customized dashboards. There are very few self-service capabilities. Some views of reports can be simplified to remove unnecessary details for leadership. The initial implementation can be hard, especially for business users. Without an AI builder, it gets complicated.
What problems is the product solving and how is that benefiting you?
IBM Planning Analytics helps with day-to-day reporting, focuses heavily on revenue, facilitates what-if pricing discussions, and supports budgetary discussions and target setting. It's our single source of truth for budgetary decisions.
AI-Driven Insights and Ultra-Fast TM1 Performance for Real-Time What-If Modeling
What do you like best about the product?
IBM’s BI stacks blends AI-driven insights with powerful performance, combining Granite- powered analytics and natural-language planning with the ultra-fast, in-memory TM1 engine for real-time analysis and what-if modeling.
What do you dislike about the product?
Its flexibility comes with complexity, often requiring technical exchange expertise or consultants and while Excel is strong the web interfaces can still feel technical despite recent modernisation efforts.
What problems is the product solving and how is that benefiting you?
IBM Planning Analytics delivers powerful planning through seamless Excel integration, combining ease of use with secure centralized data to enable faster and more informed decision-making.
High-Accuracy AI Forecasting with Zero-Latency Performance
What do you like best about the product?
IBM Planning Analytics predictive AI forecasts high accuracy data with ease and it can handle massive, multi-dimensional datasets with zero latency which is outstanding.
What do you dislike about the product?
Web reporting and dashboard is less flexible compared to its competitors.
What problems is the product solving and how is that benefiting you?
Excel integration is lightening fast and it is indeed the best Excel add-on.
Versatile Yet Complex for Finance Consolidation
What do you like best about the product?
I use IBM Planning Analytics for budgeting, forecasting, and finance consolidation. It really helps me consolidate figures and manage data and security. I love that it enables multiple users to work at the same time. There are endless possibilities with it, and I haven't faced a problem yet that we can't solve. I value the ability to make applications that work for both advanced users and day-to-day tasks. It replaced multiple worksheets and automated a lot of previous manual work. The initial setup was easy.
What do you dislike about the product?
Depending on the who implements this for you the learning curve can be challaging for some users
What problems is the product solving and how is that benefiting you?
I use IBM Planning Analytics to consolidate figures, manage data and security, and enable multiple users. It replaced multiple worksheets and automated a lot of our manual processes.
Streamlined Financial Reporting with IBM Planning Analytics
What do you like best about the product?
I really appreciate the Excel add-in that comes with IBM Planning Analytics because as a CPA, I work with Excel a lot and it's important to me to not have to learn a new web interface just to make a few adjustments. Being able to pull live data directly into my existing models without rebuilding them is a lifesaver. I also like that it's fast, making the process of adjusting and entering data by region or product quite smooth. It's especially beneficial during meetings because I can provide updates immediately without needing to follow up later. The automation features are incredibly valuable too, as they save us a lot of time by automating tasks like currency conversions and aggregations.
What do you dislike about the product?
So the licensing cost, it's a bit too much. It can be reduced. Also, they got it, like, in new app interface for their workspaces, which feels a bit flashy.
What problems is the product solving and how is that benefiting you?
IBM Planning Analytics gives us more control, stops calculation errors, and saves time with automations. It centralizes data, stopping the need for multiple spreadsheets. It automates currency conversions and aggregations, enhancing our financial reporting and handling rolling forecasts effortlessly.
Good Experience with IBM Planning Analytics
What do you like best about the product?
IBM Planning Analytics offers fast, flexible modeling, integration with other software such as Excel and a powerful analytical tool. It also supports forecasting, data integration, etc.
What do you dislike about the product?
In terms of disliking, It's requires proper training. This has very complex administration, limited number of templates, etc. Heavy reliance on Excel can also reduce the speed whlle working on big databases.
What problems is the product solving and how is that benefiting you?
It solves disconnected, spreadsheet-driven planning by providing a fast, centralized TM1 engine for real-time forecasting and what-if analysis.
As a Data Scientist, it enables seamless integration of ML outputs, quick scenario testing, scalable multidimensional modeling, and automated data flows through APIs.
This helps me to bridge advanced analytics with enterprise planning.
As a Data Scientist, it enables seamless integration of ML outputs, quick scenario testing, scalable multidimensional modeling, and automated data flows through APIs.
This helps me to bridge advanced analytics with enterprise planning.
Reliable and Fast Budgeting Tool with Intuitive Financial Management
What do you like best about the product?
Its a reliable tool for Budget and Forecasting. Easy to login, view financial statements, administer permissions for users and and is relatively quick for speed.
What do you dislike about the product?
The pages look clunky and can look outdated, sometimes it can be hard to troubleshoot business rules and rule building in the cubes can be complex and with not many online resources available.
What problems is the product solving and how is that benefiting you?
Doing budgeting and forecasting across multiple Business Units and incorporating some complicated accounting business rules.
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