We performed a comparison between IBM Planning Analytics and Oracle Planning and Budgeting Cloud 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."The product's stability is good."
"All the different platforms are well integrated."
"It's a very stable, robust product."
"Planning Analytics' best features include automatic updates and slicing."
"Navigating through the data to make analysis is really quick."
"The flexibility of IBM Planning Analytics is a great feature of this solution. The design flexibility with data rules and defining calculations The ability to combine online and offline calculations are a benefit. Additionally, the forecasting features and predictive analytics is very good."
"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."
"A lot of the platform is in-memory, so Planning Analytics can run calculations quite fast. It also offers several user interfaces. And in the newest version of Planning Analytics, there is a new one called the Planning Analytics Workspace. Maybe it could be useful for the business side."
"The most valuable feature of Oracle Planning and Budgeting Cloud is ad hoc reporting."
"Once you do the budget in Oracle ERP, you can upload it, but it's easier to create and manage budgets in the Oracle budgeting tool itself. For example, if you have a shortfall in the budget, it's easier to manage that and the forms, too, especially if you also have Oracle Forms Management. You can get the forms from somewhere and then transform those forms into budget heads."
"The workforce, the cube database, is the most valuable feature where you do planning for your headcounts."
"The most valuable feature is the data integration in Oracle Planning and Budgeting Cloud."
"We previously used Oracle EDS, and when comparing it to this solution, this solution has a much better interface. There are lots of advantages of the new solutions. Having it on the cloud, we are able to forget about keeping them updated or taking care of the database. We have minimal maintenance."
"The tool improves the organizational budgeting process in several ways. One significant aspect is the extensionable functionality it offers. To illustrate, consider a scenario where a company has factories in Mexico producing Volkswagen and Kentucky producing Ford."
"It gives you an end-to-end solution from integrating data from the source system to reporting. So it's a highly recommended tool."
"Beneficial analysis and easy to do management adjustments."
"Adding predefined templates could be beneficial."
"Extracting data is a little slow."
"It would have been better if the solution was not just a tool kit."
"The dashboard is very poor and needs a lot of improvement."
"It is a bit expensive, but it does the job."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"The tool should include features for prediction. It can also improve the scalability."
"The new frontend Planning Analytics Workspace is not very good, it could be improved. I like the Planning Analytics functionality but it would be helpful if it could be more customizable. You can create a prediction and receive information but you cannot do feature engineering regarding the predictive models. If this was added it would be helpful."
"For HR, the workforce planning out of the box is complicated. For most users, it's not easy, and it requires a learning curve. It's not very user-friendly. It can be improved."
"There are some issues with block creation in the memory. Sometimes, when we run a calculation and a new intersection is hit during the calculation, the memory block doesn't get created, which doesn't give the correct result."
"Oracle Planning and Budgeting Cloud could improve. There are times when the forms are slow in saving and calculating."
"Oracle Planning and Budgeting Cloud could improve by having better integration with some other modules that we would add to this solution."
"The FR recording studio that is used to build reports is clunky and awful to use. This could be improved a lot. The solution does have problems and limitations."
"Some of the things in this product are just too cumbersome and we don't need them and they make it harder to do certain things, or certain things have to have more specific names or descriptions."
"One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective."
"The tool's interface is outdated. However, OneStream is easier to navigate."
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IBM Planning Analytics is ranked 5th in Business Performance Management with 22 reviews while Oracle Planning and Budgeting Cloud is ranked 3rd in Business Performance Management with 17 reviews. IBM Planning Analytics is rated 8.6, while Oracle Planning and Budgeting Cloud is rated 8.2. The top reviewer of IBM Planning Analytics writes "Can easily create dashboards and helps businesses improve forecasting accuracy". On the other hand, the top reviewer of Oracle Planning and Budgeting Cloud writes " Budgeting scenarios and versions helps us migrate data, visualize data, and do variant reporting". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and Oracle Essbase, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, Oracle Hyperion, IBM Cognos and CCH Tagetik. See our IBM Planning Analytics vs. Oracle Planning and Budgeting Cloud report.
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