[ IBM Clo... Reviews ](https://www.g2.com/products/ibm-cloudability/reviews) [ IBM Clo... Reviews ](https://www.g2.com/products/ibm-cloudability/reviews) # IBM Cloudability Features ##### ## Operations (4) Scheduling Allows users to schedule instances, changes or other operational tasks in advance. Automation Efficiently scales resource usage to optimize spend whith increased or decreased resource usage requirements. Multi-Cloud Management Allows users to track and control cloud spend across cloud services and providers. Usage Monitoring Tracks infrastructure resource needs and alerts administrators or automatically scales usage to minimize waste. Show More ##### ## Cost Optimization (3) Spend Forecasting and Optimization Ability to project spend based on contracts, usage trends, and predicted growth. Recommendations Provides use-specific recommendations regarding performance and resource utilization. Spend Tracking Provides ability to track and/or map spending on all cloud spend across departments with little to no manual entry. Show More ##### ## Administration (2) Reporting Creates reports outlining resource, underutilization, cost trends, and/or functional overlap. Dashboards and Visualizations Presents information and analytics in a digestible, intuitive, and visually appealing way. Show More ##### ## Budget Creation (7) Data Import Import trial balance, monthly P&L, balance sheets, and other types of financial data Budget Hierarchies Define budget structure elements and how they are linked hierarchically Versioning Keeps track of all versions of a budget and allows users to compare versions Formulas Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues What-If Test the potential financial impact of business decisions on revenues and expenses Budget Periods Users can customize standard budget periods (3, 9, or 12 months) Real-Time Data Receive data and information in real time Show More ##### ## Budget Management (3) Consolidation Consolidate multiple budgets from different departments or business entities Adjustments Users with administrative access rights can modify budgets Workflows Workflows are used to define the steps required to alter budgets and who needs to approve changes Show More ##### ## Forecasting (6) Historical Data Forecasting is based on past transactions and historical financial or operational data Reforecast Ability to recreate forecasts to include new information that may impact budgets Forecast Types Support multiple types of forecasts such as balance sheet and cash flow forecasts Rolling Forecasts Used to review and update budgeting assumptions for a predefined period (usually one year) AI Uses AI algorithms and models to predict future trends and outcomes, based on historical data and patterns Generative AI Use AI to generate content in the form of text, images, videos, etc. Show More ##### ## Analytics (4) Variance Analysis Project out as the year progresses to accommodate trends that affect key business drivers. Forecasts Comparison compare Income Statement, Balance Sheet, and Cash Flow for multiple periods Forward Looking Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data Financial Analysis Evaluate units, projects, budgets, and other finance-related data to gauge their performance and potential risk Show More ##### ## Functionality (2) Cloud Consolidation Consolidate viewing and management of multiple clouds in one solution. Cloud Optimization Optimize cloud performance and integration with disparate systems. Show More ##### ## Management (17) Cloud Cost Analytics Provide cost management insights and analytics regarding cloud usage. Security Management Manage and control the security aspects of an organization's digital assets, resources, and operations Capacity Analytics Assessment of resource optimization and capacity availability across the environment Compliance Management Track and manage adherence to policies for any service, product, process, or supplier Configuration Management Identify component attributes like servers, hardware, software, and manage relationships across all services User Management Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks Workflow Management Create, design and manage workflows for repetitive tasks Application Management Track, manage and store the applications of potential future members, customers or candidates Cost Management Manage budgets, track and optimize spending and align capacity to workload demand Data Storage Management Manage and store data in a database Change Management Track and monitor efficient handling of all changes/transitions Disaster Recovery Plan and implement business continuity measures in case of unforeseen events Multi-Cloud Management Allows businesses to monitor and secure applications and workloads across multiple public clouds Service Level Agreement (SLA) Management Set and monitor service level agreements to ensure timely response and resolution Audit Management Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws Patch Management Install software updates and bug fixes remotely Inventory Management Track and manage inventory levels to maintain proper supply Show More ##### ## Agentic AI - Cloud Cost Management (3) Autonomous Task Execution Capability to perform complex tasks without constant human input Proactive Assistance Anticipates needs and offers suggestions without prompting Decision Making Makes informed choices based on available data and objectives Show More ##### ## Agentic AI - Cloud Management Platforms (5) Autonomous Task Execution Capability to perform complex tasks without constant human input Cross-system Integration Works across multiple software systems or databases Decision Making Makes informed choices based on available data and objectives Data Integration Combining data from different sources and providing a unified view Third-Party Integrations Set up connections to third-party platforms to improve business processes Show More ##### ## Agentic AI - Budgeting and Forecasting (3) Natural Language Interaction Engages in human-like conversation for task delegation Proactive Assistance Anticipates needs and offers suggestions without prompting Decision Making Makes informed choices based on available data and objectives Show More ##### ## Additional Functionality (60) Data Visualization Graphical representation of data Purchase Order Management Create, send, and track purchase orders and their statuses Expense Management Plan, pay and track business related expenses. Ad hoc Reporting Generate one-off reports that meet information requirements Multi-Company Manage the accounting and financial aspects of multiple locations or companies in a single location Profit/Loss Statement A type of financial statement used to record and report an organization's revenues, costs, and expenses over a specific amount of time Workflow Management Create, design and manage workflows for repetitive tasks Access Controls/Permissions Define levels of authorization for access to specific files or systems Customizable Reports Alter the layout and content of reports Forecasting Form predictions based on past and present data/trends Dashboard Creation Creation and customization of dashboards Self-Service Reporting Allow users to create their own reports and financial statements Multi-Currency Manage and handle various international currencies Financial Management Plan, manage, and track the financial activities of an individual or organization "What If" Scenarios Method used in decision-making that allows businesses to input variables to forecast potential outcomes or possibilities Asset Lifecycle Management Manage assets throughout their lifecycle to optimize profit Strategic Planning At a high level, visualize a preferred outcome, define goals and identify specific steps to achieve them Visual Analytics Interact with data visualization elements, such as charts and graphs, to drill down into data Billing & Invoicing Create, manage, and send invoices or bills to customers Real-Time Reporting Active reporting of data and metrics Reporting/Analytics View and track pertinent metrics to find patterns and gain insights from data Receipt Management Upload, track, and submit receipts in a central database Scenario Planning Develop potential scenarios to identify risks and opportunities Alerts/Notifications Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges Collaboration Tools Provides a channel for team members to share media files, communicate, and work together Version Control Track revisions and updates made to files and navigate between different versions Activity Dashboard Dashboard to view the status of ongoing processes, identify current incidents and track past activities General Ledger Centralized accounting record which tracks all financial transactions Third-Party Integrations Set up connections to third-party platforms to improve business processes Consolidation/Roll-Up Combining loans, assets, liabilities, and other financial data from multiple subsidiary companies into one entity for reporting Drag & Drop Assemble applications and processes by dragging over and arranging pre-built components Income & Balance Sheet A statement detailing the financial position of a business including assets, liabilities, and equity at a certain point in time Multi-Department/Project Manage the accounting and financial aspects of multiple operations and departments or ongoing projects from a single location Accounting Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc. API Application programming interface that allows for integration with other systems/databases Chart of Accounts A financial statement that lists a company's accounts and details the account type and balance AI Copilot A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users Cash Management Process of managing an organization's cash resources, including cash on hand, investments, and bank account balances Performance Analysis Monitor and analyze the performance and status of a server or system/application Service Catalog Database containing accurate and up-to-date information on all operational services Activity Tracking Track and document all activities across devices, networks, and other systems Anomaly Detection Automatically identify unusual behavior Real-Time Monitoring Active monitoring of systems, applications, or networks Data Visualization Graphical representation of data Alerts/Notifications Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges Multitenancy Operate multiple applications in a shared environment Generative AI Use AI to generate content in the form of text, images, videos, etc. Self Service Portal Online portal through which end users can access the system, manage tasks, or obtain information Network Monitoring Tracks and makes accessible data on the health of servers and other network components. API Application programming interface that allows for integration with other systems/databases Reporting & Statistics Collection, analysis, and representation of numerical data and generation of reports to understand various patterns Data Import/Export Import and export data to and from software applications AI Copilot A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users Search/Filter Search and filter data across systems to locate required information by entering keywords or certain criteria Access Controls/Permissions Define levels of authorization for access to specific files or systems Database Support Supports common databases such as MySQL and Oracle Cloud Encryption Encrypt data to and from the cloud and on cloud storage devices Data Migration Move from one database to another, or upgrade the version of database software being used Event Logs A chronological record of actions or occurrences within a network, software, or process Monitoring Observe and track the demand, usage, progress or quality of a system, product, or user Show More ## Top-Rated Alternatives [ ![IBM Turbonomic](https://images.g2crowd.com/uploads/product/image/large_detail/large_detail_24bb2b0b5af8e7d875ea09d767bcb097/ibm-turbonomic.jpg "IBM Turbonomic") IBM Turbonomic 4.4/5(310) ](https://www.g2.com/products/ibm-turbonomic/reviews) [ ![Flexera One](https://images.g2crowd.com/uploads/product/hd_favicon/1f231bdaa59bb6c301e78faf00631187/flexera-one.svg "Flexera One") Flexera One 4.3/5(170) ](https://www.g2.com/products/flexera-one/reviews) [ ![VMware Tanzu CloudHealth](https://images.g2crowd.com/uploads/product/hd_favicon/db9a1c79565881b5fc05f57e288b8deb/vmware-tanzu-cloudhealth.svg "VMware Tanzu CloudHealth") VMware Tanzu CloudHealth 4.1/5(12) ](https://www.g2.com/products/vmware-tanzu-cloudhealth/reviews) [ View All Alternatives ](https://www.g2.com/products/ibm-cloudability/competitors/alternatives) IBM Cloudability Comparisons ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_24bb2b0b5af8e7d875ea09d767bcb097/ibm-turbonomic.jpg "Product Avatar Image") IBM Turbonomic 4.4/5(310) [ Compare Now ](https://www.g2.com/compare/ibm-cloudability-vs-ibm-turbonomic) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_5f67fa10742f99d2acbe6c4ef8c70b31/vmware-tanzu-cloudhealth.png "Product Avatar Image") VMware Tanzu CloudHealth 4.1/5(12) [ Compare Now ](https://www.g2.com/compare/ibm-cloudability-vs-vmware-tanzu-cloudhealth) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_1ad3ee8d1366097f20e37b4e54f060bb/flexera-one.jpg "Product Avatar Image") Flexera One 4.3/5(170) [ Compare Now ](https://www.g2.com/compare/flexera-one-vs-ibm-cloudability) ##### Categories on G2 [Budgeting and Forecasting](https://www.g2.com/categories/budgeting-and-forecasting)[Cloud Management Platforms](https://www.g2.com/categories/cloud-management-platforms)[Cloud Cost Management](https://www.g2.com/categories/cloud-cost-management) ##### Explore More [Which statistical analysis software do data scientists and researchers actually trust for producing results they can publish or present to clients with confidence?](https://www.g2.com/discussions/which-statistical-analysis-software-do-data-scientists-and-researchers-actually-trust-for-producing-results-they-can-publish-or-present-to-clients-with-confidence)[Which productivity bot software has the largest pre-built integration library for connecting business apps so teams spend less time building custom connectors?](https://www.g2.com/discussions/which-productivity-bot-software-has-the-largest-pre-built-integration-library-for-connecting-business-apps-so-teams-spend-less-time-building-custom-connectors)[PRM software with the best reviews](https://www.g2.com/discussions/prm-software-with-the-best-reviews) [Which public records management systems offer OCR and automated document classification?](https://www.g2.com/discussions/which-public-records-management-systems-offer-ocr-and-automated-document-classification)[Best AI tools for 24/7 customer inquiry handling](https://www.g2.com/discussions/what-are-the-best-ai-tools-for-24-7-customer-inquiry-handling)[Pros and Cons Details](https://www.g2.com/products/ibm-cloudability/reviews?qs=pros-and-cons) [Show MoreShow Less](javascript:void(0);)