Amit UpadhyayHead Digital & Business Applications at a tech company
We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
"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."
"The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."
"It's wonky, and not super user-friendly with Excel."
"Extracting data is a little slow."
"It would have been better if the solution was not just a tool kit."
"Being an analytical solution, it should have more visualization options like graphs. When we are putting it, it should have more options. The UI can be made more modernized based on today's market. Sometimes, when we are doing heavy reports or dashboarding, there is a bit of a performance issue because it is pulling up a huge amount of data. That can be improvised by buffer memory and getting some buffer memory feature into it. It is a bit complex because it is a CPM solution. It helps you to get the information based on the different tools that we are using, which is a bit of a complex thing. It is not as easy as Microsoft Power BI. It is also not that easy as an implementation piece. It takes time to convert the business requirement into the proper solutions in the tool, which is time-consuming. It took about eight months to do the complete implementation. We got some training from the partner and the Jedox team, which helped us later on in pulling things forward, but too much learning is required, and too many possibilities are there."
"Our licensing cost is approximately $50,000.00 per year."
"If you are using SAP, then you will have to take an SAP Connector license. The license across the tool is paying for the people who are using it as an admin or as a normal user. They can work out those costs in a manner that can help. This can also be a point of improvement where they can work out the costing, and the developers have a specific licensing cost. The normal users, who are going to do probably data entry or just going to view the dashboard, can have a separate license cost."
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.
Integrated Corporate Performance Management software provides reliable data, insights, and guidance to everyone in your company. Jedox delivers it all: Self-service budgeting, planning, and forecasting combined with intuitive analytics and BI dashboards in one integrated software platform. Users across the enterprise in any department from Finance to Sales, HR, and Procurement create integrated plans and reports based on the same data model and business logic. Integrate financial planning and analysis with operational plans and reporting to optimize processes, boost data quality, and slash planning cycles throughout the organization.
IBM Planning Analytics is ranked 5th in Business Performance Management with 3 reviews while Jedox is ranked 7th in Business Performance Management with 1 review. IBM Planning Analytics is rated 6.4, while Jedox is rated 7.0. The top reviewer of IBM Planning Analytics writes "Quick data analysis, reliable, AI improvement needed". On the other hand, the top reviewer of Jedox writes "A flexible solution that helps us to do our planning and see the performance, but it needs more visualization options and better performance". IBM Planning Analytics is most compared with Microsoft BI, Tableau, Oracle Essbase, SAP Analytics Cloud and SAP BusinessObjects Business Intelligence Platform, whereas Jedox is most compared with Microsoft BI, Tableau, Anaplan, Oracle Hyperion and CCH Tagetik.
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.