Board vs IBM Planning Analytics comparison

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Board International Logo
1,538 views|1,041 comparisons
94% willing to recommend
IBM Logo
2,270 views|1,328 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: March 2024).
768,578 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
"The ease of being able to get the data into BOARD is what makes it nice for people with a semi-IT background.""The reporting part has been very valuable as the capabilities of the tool do not have to change graphs, change how grids are displayed, and can create reports on the fly.""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.""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.""We have better reporting and have been able to better track performance.""The dynamic selections on the screen and details by function are also valuable for inside the data view.""we are able to easily export data. When directors need financial information, we can go in the system and export the data, then send it out so they have it ready and available. If they are not in the office, we can email it to them. In addition, all the managers are now more on top of their expenses and their budget.""The support from the BOARD team and their consultants is great. Whenever I use technical support, they are good."

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"The product's stability is good.""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 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""Planning Analytics' best features include automatic updates and slicing.""The most valuable feature is that it is able to slice and dice the data.""All the different platforms are well integrated.""Navigating through the data to make analysis is really quick.""It's a very stable, robust product."

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Cons
"The engine of the Board should be made powerful like the engine of IBM planning which is more powerful in terms of performance. The consolidated finance area also needs improvement.""It would be huge in the future if BOARD offered a lot more graphs and presentations, and it was a lot easier to use.""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.""I would like to see a better Web client, where the controls work the same way as in the Windows client. I do think that the focus is now on the Web, so it should be improved upon.""We can't delete entities and cubes in Boards because it interrupts our whole data model.""It needs more export to Excel functionality. Right now, we're having to build within the cloud-based platform, as well as build within the Excel add-in, because the export to Excel is somewhat ugly.""​One of the things that I would like to see is the ability to have a rule directly referenced on the cubes.​"

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"The local authentication part is difficult to manage in the product, making it an area where improvements are required.""It is a bit expensive, but it does the job.""Planning Analytics could be improved by adding automation features.""The tool's transport layer could be improved when promoting development between environments.""The tool should include features for prediction. It can also improve the scalability.""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.""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.""It's wonky, and not super user-friendly with Excel."

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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 →

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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 licensing part of the product is good. Every year, there is a need to renew the license. My company also uses multiple functionalities offered under IBM Cognos Analytics for ETL-related purposes… more »
    Top Answer:The local authentication part is difficult to manage in the product, making it an area where improvements are required.
    Ranking
    Views
    1,538
    Comparisons
    1,041
    Reviews
    3
    Average Words per Review
    470
    Rating
    7.3
    Views
    2,270
    Comparisons
    1,328
    Reviews
    4
    Average Words per Review
    325
    Rating
    9.3
    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 Company12%
    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 Firm10%
    Computer Software Company7%
    Manufacturing Company5%
    Company Size
    REVIEWERS
    Small Business37%
    Midsize Enterprise40%
    Large Enterprise23%
    VISITORS READING REVIEWS
    Small Business22%
    Midsize Enterprise16%
    Large Enterprise62%
    REVIEWERS
    Small Business58%
    Midsize Enterprise17%
    Large Enterprise25%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise47%
    Large Enterprise43%
    Buyer's Guide
    Board vs. IBM Planning Analytics
    March 2024
    Find out what your peers are saying about Board vs. IBM Planning Analytics and other solutions. Updated: March 2024.
    768,578 professionals have used our research since 2012.

    Board is ranked 11th in Business Performance Management with 35 reviews while IBM Planning Analytics is ranked 6th in Business Performance Management with 21 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.