Board vs IBM Planning Analytics comparison

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Board International Logo
1,529 views|1,031 comparisons
94% willing to recommend
IBM Logo
2,241 views|1,327 comparisons
94% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Board and IBM Planning Analytics based on real PeerSpot user reviews.

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed Board vs. IBM Planning Analytics Report (Updated: May 2024).
772,649 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"It is easy to make quick updates. As the business changes, we can maintain the tool without programming help from IT.""Where it used to take me three days at the beginning of the year to create the new financial statement, now it is a matter of minutes because all the data is in the system.""The tool seems to have a lot of ways to handle scaling.""All staff can now see their relevant scorecards online.""My favourite feature of BOARD is the ability to write back to the OLAP DB, as well as the Rdb, and secure user data allowing databases to be flushed and rebuilt daily.""A lot of flexibility from the data modeling standpoint. It can add specific line items into our budget, for example, or if we want to make changes to the data model itself, we have that flexibility.""What is very valuable is the ability to customize. We didn't see a solution out there that really matched exactly what our functional requirements would be. So we were able to work with New Brain, our integrator, and we were able to build from the ground up what we wanted, and I think that's pretty unique to BOARD.""All the reports are prepared automatically."

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"The most valuable feature is that it is able to slice and dice the data.""The product's stability is good.""It's a very stable, robust product.""The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.""The ease of use is valuable. The fact that it's plugged into Excel spreadsheets is also valuable. It provides additional functionality where you can slice and dice the information in a way that you can't do with spreadsheets""IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast.""Planning Analytics' best features include automatic updates and slicing.""Navigating through the data to make analysis is really quick."

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Cons
"We are looking at ways to improve how we deal with security in BOARD and other similar things. ​""I would like an eLearning platform for BOARD.""It's very powerful, but there is also a big learning curve. ​It should be a little more intuitive.""The one thing that I think we would like to see in terms of improvement of the application is the ability to print. It's fantastic to have all of these graphic visualization of data, but we're not able to very easily just print... From my perspective, if you can have a little "print" button and then you just click it and it would produce what's on the screen, that would be very helpful.""Sometimes, the data disappears from the product.""If we could upload other data, e.g., pivot tables which can be done in BOARD already, that we have pre-existing and have that data distribute to more complex spreadsheets​, I would like that going forward.""One thing that I personally would like to see is additional visualization tools for visuals.""What could be better is the manual... nowadays, most people use a web client, but on the Board manual website, a lot of the information is only about the Windows client. If they could update that, it would be helpful."

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"The local authentication part is difficult to manage in the product, making it an area where improvements are required.""Extracting data is a little slow.""It would have been better if the solution was not just a tool kit.""It's highly competitive right now, and all the vendors are in a race to put out new versions with additional features. IBM comes out with new versions too often, and it has an impact on quality.""Planning Analytics could be improved by adding automation features.""Adding predefined templates could be beneficial.""It's wonky, and not super user-friendly with Excel.""It is a bit expensive, but it does the job."

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Pricing and Cost Advice
  • "Find a partner who will take responsibility for the implementation, and be available for support."
  • "​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
  • "It is not the cheapest product on earth, but you get so much. It provides good value for money."
  • "The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
  • More Board Pricing and Cost Advice →

  • "Our licensing cost is approximately $50,000.00 per year."
  • "The license of this solution is paid annually. Most of my customers choose a license that includes support."
  • "It is a bit expensive, but you get what you are paying for."
  • "IBM Planning Analytics is not the cheapest solution, but it's priced per the market standard for this type of solution. I rate the price at seven out of ten."
  • "I would rate the tool's pricing a nine out of ten since it's expensive."
  • "IBM Planning Analytics is priced well, and licensing costs are yearly."
  • "Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
  • More IBM Planning Analytics Pricing and Cost Advice →

    report
    Use our free recommendation engine to learn which Business Performance Management solutions are best for your needs.
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    Questions from the Community
    Top Answer:We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and… more »
    Top Answer:All the reports are prepared automatically.
    Top Answer:Sometimes, the data disappears from the product. We have had a few such cases. When I added my comments to the data, it disappeared. A technical specialist tried to restore it. It was not convenient… more »
    Top Answer:The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.
    Top Answer:The cost of IBM Planning Analytics is not cheap, considering the amount of money involved. However, it offers good ROI for customers.
    Top Answer:To improve IBM Planning Analytics, adding predefined templates could be beneficial. These templates could cover various business areas like volume planning, service levels, and more. Specific… more »
    Ranking
    Views
    1,529
    Comparisons
    1,031
    Reviews
    3
    Average Words per Review
    470
    Rating
    7.3
    Views
    2,241
    Comparisons
    1,327
    Reviews
    5
    Average Words per Review
    325
    Rating
    9.2
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    Learn More
    Overview

    BOARD International - headquartered in Switzerland - is a leading global provider of software for improving business results through better decision making. By unifying Business Intelligence and Corporate Performance Management into a single product, BOARD enables companies to achieve a shared vision of their performance across the entire organization, and thus a single version of the truth.

    BOARD provides seamless solutions for • Reporting & Analysis • Budgeting, Planning & Forecasting • Profitability Modelling & Optimization • Simulation & What-if-Analysis • Scorecarding & Strategy Management • Financial Consolidation. Based on visual modelling, BOARD has enabled global companies to deploy BI and CPM applications without a single line of code in a fraction of the time and cost associated with traditional solutions.

    IBM Planning Analytics is an integrated planning solution that uses AI to automate planning, budgeting, and forecasting and drive more intelligent workflows.

    Built on TM1, IBM’s powerful calculation engine, this enterprise performance management tool allows you to transcend the limits of manual planning and become the Analytics Hero your business needs. Quickly and easily drive faster, more accurate plans for FP&A, sales, supply chain and beyond.

    Sample Customers
    Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
    ManpowerGroup, Convergys, AIG, Orchard Brands, Citibank, InterGen, Northwestern University, EF Education First, Ironside, Bazan Group, CSOB Insurance, Macquarie Group, Charles Stanley, SATO, Government of Sint Maarten, BMW Financial Services
    Top Industries
    REVIEWERS
    Government20%
    Healthcare Company20%
    Hospitality Company10%
    Pharma/Biotech Company5%
    VISITORS READING REVIEWS
    Computer Software Company13%
    Financial Services Firm10%
    Manufacturing Company8%
    Wholesaler/Distributor7%
    REVIEWERS
    Computer Software Company25%
    Non Tech Company13%
    Real Estate/Law Firm13%
    Leisure / Travel Company13%
    VISITORS READING REVIEWS
    Educational Organization43%
    Financial Services Firm11%
    Computer Software Company7%
    Manufacturing Company5%
    Company Size
    REVIEWERS
    Small Business37%
    Midsize Enterprise40%
    Large Enterprise23%
    VISITORS READING REVIEWS
    Small Business23%
    Midsize Enterprise17%
    Large Enterprise60%
    REVIEWERS
    Small Business58%
    Midsize Enterprise17%
    Large Enterprise25%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise48%
    Large Enterprise42%
    Buyer's Guide
    Board vs. IBM Planning Analytics
    May 2024
    Find out what your peers are saying about Board vs. IBM Planning Analytics and other solutions. Updated: May 2024.
    772,649 professionals have used our research since 2012.

    Board is ranked 11th in Business Performance Management with 35 reviews while IBM Planning Analytics is ranked 5th in Business Performance Management with 22 reviews. Board is rated 8.6, while IBM Planning Analytics is rated 8.6. The top reviewer of Board writes "A stable solution with good user-experience, easy deployment but needs some improvement with engine ". On the other hand, the top reviewer of IBM Planning Analytics writes "Can easily create dashboards and helps businesses improve forecasting accuracy". Board is most compared with Anaplan, SAP Analytics Cloud, Oracle Hyperion, Microsoft Power BI and CCH Tagetik, whereas IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and CCH Tagetik. See our Board vs. IBM Planning Analytics report.

    See our list of best Business Performance Management vendors.

    We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.