IBM Planning Analytics Benefits
As a consultant I implemented this product in many organizations, mainly in finance departments. Their reporting and budgeting processes were improved at several levels: Time saving to produce the reports, budget/forecast cycle shortened from quarters to months, access and security of data and more. Many improvements can be gained from this process automation.
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reviewer890292
Systems Analyst at a computer software company with 1,001-5,000 employees
Some of our customers previously used Excel spreadsheets for budget planning, and the process took more than two months. However, after switching to Planning Analytics, they could do it in a week. And they were able to do multiple projections, like optimistic, pessimistic, realistic, etc.
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ITAnalyst053
IT Analyst at a tech services company with 10,001+ employees
This tool is able to promptly consolidate all business unit data for enterprise-view and understand the area of improvement, instead of a traditional Excel-based disparate solution.
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Business Performance Management
April 2024
Find out what your peers are saying about IBM, Jedox, Board International and others in Business Performance Management. Updated: April 2024.
769,599 professionals have used our research since 2012.
We have been using this software to implement solutions in many different areas of business.
For example, in budget applications, it helps a lot in running the budgeting process properly. All budget inputs, calculations, submissions, reporting and analysis during the budgeting process are handled with TM1 properly.
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Sylvie Ouellette
President & Co-Founder at VERSATIL BPI INC
Our clients really like it because they're able to do their budgeting, planning, and forecasting using it. It connects to their Cognos dashboard. We do the integration between different technologies with Cognos and TM1. We also do predictions with SPSS.
View full review »I work at a company that implements this software for a lot of clients. The clearest improvement is that, after the implementation, the clients have a lot of more time to analysis their results and make strategic decisions, as opposed to wasting time creating operation jobs.
View full review »In terms finance the return on investment (ROI) can be increased. What-if analysis and business modeling options which users can run without IT involvement
View full review »Buyer's Guide
Business Performance Management
April 2024
Find out what your peers are saying about IBM, Jedox, Board International and others in Business Performance Management. Updated: April 2024.
769,599 professionals have used our research since 2012.