IBM Planning Analytics Valuable Features

Dirk Boeckmann - PeerSpot reviewer
Executive Partner at Beat2Lead GmbH

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.

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PL
Senior BI Consultant at T.C.C. Technology Company Limited

The tool is flexible. 

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GC
Junior Consultant at CMA CGM

Planning Analytics' best features include automatic updates and slicing.

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Buyer's Guide
Business Performance Management
March 2024
Find out what your peers are saying about IBM, Jedox, Board International and others in Business Performance Management. Updated: March 2024.
765,386 professionals have used our research since 2012.
it_user93822 - PeerSpot reviewer
BI Expert at a consultancy with 51-200 employees

This product is entirely designable and flexible, you can answer to very complex requirements.

Cognos TM1 is particularly adapted to Budget planning. You can input data and comments easily. Real time calculation, TM1 calculate reports in real time, each time you refresh it. Ownership: one of the goal of this product is that end users like CFO's can make modifications (model, business rules, etc.) without the help of the IT.

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AY
Systems Analyst at a computer software company with 1,001-5,000 employees

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.

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EA
FP&A Manager at a leisure / travel company with 501-1,000 employees

The most valuable feature is that it is able to slice and dice the data.

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KS
IT Analyst at a tech services company with 10,001+ employees

The most valuable features are the TM1 Perspective client and the storage of data with write-back ability. Since most businesses are familiar with Excel, they are easily able to use this tool. Also, calculations are faster compared to any other tool for quick forecasting and budgeting.

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it_user321549 - PeerSpot reviewer
Managing Consultant/Director at a tech services company with 51-200 employees

It provides all the required functionalities for Financial Performance Management, such as planning, budgeting, forecasting, consolidation and dimensional reporting and analysis.

TM1 is actually a modeling tool that allows us create our own customized budgeting, planning and reporting solutions.

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VM
Managing Consultant at Cubewise

My favorite features of IBM Planning Analytics are the integration with Access and the ETL integration tool, TurboIntegrator.

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SO
President & Co-Founder at VERSATIL BPI INC

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.

We really like the flexibility of it. 

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it_user90657 - PeerSpot reviewer
TM1-Senior Consultant at a tech services company with 51-200 employees
  • Flexible: You can do almost anything you want
  • Can be combined with other software
  • Calculates values
  • Decides who can write and read the values
  • Can be used to design your reports, almost exactly as you want
  • Can be used to plan/analyze/report anything. If you miss some stuff, you can program it and combine it with TM1.

I don't think there are many tools out there that are as flexible as this solution.

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JB
Director at a tech services company with 11-50 employees

IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast. 

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RR
Accounting Services Finance Manager M&S at a hospitality company with 10,001+ employees

I like that the solution brings together a lot of data from different platforms and it's all integrated.

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it_user508530 - PeerSpot reviewer
Business Intelligence Consultant - IBM Cognos at a tech services company with 51-200 employees

This software uses in-memory processing, so performance is a strength, as are the flexibility to make development changes and the facility to learn the programming language.

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MA
Expert EPM (TM1 Cognos BI) at a tech services company with 201-500 employees

Navigating through the data to make analysis is really quick.

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it_user358176 - PeerSpot reviewer
Vice President & Business Head at a tech services company with 501-1,000 employees

IBM Cognos TM1 is an enterprise planning software platform that can transform the planning cycle, from target setting and budgeting to reporting, score carding, analysis and forecasting. Available as an on-premise or on-cloud solution, and with extensive mobile capabilities, Cognos TM1 enables you to collaborate on plans, budgets and forecasts. You can analyze data, and create models to reflect a constantly evolving business environment

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Buyer's Guide
Business Performance Management
March 2024
Find out what your peers are saying about IBM, Jedox, Board International and others in Business Performance Management. Updated: March 2024.
765,386 professionals have used our research since 2012.