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IBM Planning Analytics Pros and Cons: Top 5 Advantages and Disadvantages

Quick AI Summary Based on G2 Reviews

Generated from real user reviews

Users value the efficiency of IBM Planning Analytics, which enhances financial planning and decision-making with speed and flexibility. (35 mentions)
Users appreciate the planning efficiency of IBM Planning Analytics, benefiting from easy scalability and robust forecasting capabilities. (34 mentions)
Users appreciate the flexible analytics capabilities of IBM Planning Analytics, enhancing real-time data analysis and decision-making efficiency. (31 mentions)
Users value the user-friendly interface of IBM Planning Analytics, appreciating its seamless navigation and adaptability for budgeting. (30 mentions)
Users admire the forecasting accuracy of IBM Planning Analytics, enhancing their planning and decision-making efficiency significantly. (30 mentions)
Users face a steep initial learning curve with IBM Planning Analytics, making setup and navigation challenging. (29 mentions)
Users face a steep learning curve with IBM Planning Analytics, requiring significant training for effective usage. (19 mentions)
Users face a steep learning curve with IBM Planning Analytics, making setup and usage challenging for beginners. (19 mentions)
Users find the difficult learning curve and complexity of IBM Planning Analytics challenging, requiring significant training and technical support. (16 mentions)
Users find the complexity of setup and steep learning curve challenging, especially for newcomers to the tool. (15 mentions)

5 Pros or Advantages of IBM Planning Analytics

5 Cons or Disadvantages of IBM Planning Analytics

IBM Planning Analytics Reviews (270)

Reviews

IBM Planning Analytics Reviews (270)

4.4
270 reviews
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Grațiela Raluca-Ioana E.
GE
Grațiela Raluca-Ioana E.
Sourcing Manager
Mid-Market (51-1000 emp.)
"Strategic Planning Made Effortless with IBM"
4.5/5
What do you like best about IBM Planning Analytics?

I like how IBM Planning Analytics allows me to have financial and operational info in one place, making it easier to run scenarios and understand the impact of budgets under different circumstances. The tool helps in structuring, analyzing, and planning tasks related to supplier sourcing and contract negotiation. It's great for comparing different scenarios, costs, and potential supplier options, which is especially useful in our decision-making processes. I appreciate how it turns raw financial data into something understandable and actionable, aiding communication and decision-making for stakeholders and the financial team. The ability to explore faster 'what-if' situations is particularly beneficial, and it significantly prepares us better for negotiations by providing clear data when new suppliers come in. The report visualization for stakeholders is also a fantastic feature. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

I'm a newbie in this sector, and the learning curve is challenging. It's a very useful platform, but I need more time. It's flexible and can be navigated by users who aren't deeply technical, but they are a bit scared of the complexity sometimes. Review collected by and hosted on G2.com.

Andrei-Ayar T.
AT
Andrei-Ayar T.
Frontend Web Developer
Mid-Market (51-1000 emp.)
"Centralized Planning with Flexible Excel Integration"
4.5/5
What do you like best about IBM Planning Analytics?

I appreciate IBM Planning Analytics for its ability to centralize data, which eliminates the need for multiple spreadsheets and makes collaboration much easier for my team. The platform allows us to run scenario simulations quickly, which is beneficial for planning pricing strategies, especially when dealing with variables like holiday-induced price changes. I like its flexibility and excellent Excel integration, which help us update reports, explore data quickly, and adjust assumptions to see immediate impacts on forecasts or margins. The flexibility in particular stands out. Additionally, the learning curve was manageable for me, and the onboarding process was smooth, which made getting started relatively easy. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

The learning curve for me was alright, but for others it seems to be a bit steep at first. Review collected by and hosted on G2.com.

Verified User in Judiciary
GJ
Verified User in Judiciary
Mid-Market (51-1000 emp.)
"Centralizes Data for Accurate Planning, Steep Learning Curve"
4/5
What do you like best about IBM Planning Analytics?

I like how IBM Planning Analytics centralizes data, making budgeting, forecasting, and what-if analysis faster and more accurate. I also find its Excel integration really helpful, as it makes working with the system easier. Once IT set it up, the system was relatively easy to use and maintain. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

I find the learning curve steep as advanced features can require technical expertise. I also think the interface could be more intuitive and modern. Review collected by and hosted on G2.com.

Navneet K.
NK
Navneet K.
Global Product Marketing Manager and Analyst Relations
Mid-Market (51-1000 emp.)
"Powerful Tool for Strategic Decision-Making"
4.5/5
What do you like best about IBM Planning Analytics?

I really like the MS Excel integration in IBM Planning Analytics; it's great. The dashboards are extensive and well-designed. Even though I'm not a power user, it's impressive to see how power users can build brilliant forecasting models with it. It's also very valuable as our single source of truth for budgetary decisions focused on revenue. Additionally, it's a great tool for taking data-driven strategic decisions. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

I, as a business user, find it hard to build customized dashboards. There are very few self-service capabilities. Some views of reports can be simplified to remove unnecessary details for leadership. The initial implementation can be hard, especially for business users. Without an AI builder, it gets complicated. Review collected by and hosted on G2.com.

Harsha v.
HV
Harsha v.
Mid-Market (51-1000 emp.)
"Streamlined Planning with Real-Time Insights"
4.5/5
What do you like best about IBM Planning Analytics?

I use IBM Planning Analytics for integrated planning, automation, advanced analysis, scalability, and flexibility. I like that it eliminates spreadsheet chaos, reduces manual work and errors, and speeds up planning and execution. I appreciate the real-time insights and value the automation and 'what if' scenarios for their flexibility. I use the TM1 Engine for its speed, flexibility, efficiency, and consistency. In planning and budgeting, I enjoy the centralized planning and rolling forecasts, while the scenario modeling's predictive analysis is something I find particularly useful. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

It is multidimensional and intimidating for new users. Review collected by and hosted on G2.com.

Verified User in Banking
AB
Verified User in Banking
Small-Business (50 or fewer emp.)
"Multidimensional Pivot-Table Power Like Excel"
4/5
What do you like best about IBM Planning Analytics?

It is multidimensional and make it similar to excel pivot table Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

Less mathematical functions like in excel like LINEST, or Regression Review collected by and hosted on G2.com.

Derez L.
DL
Derez L.
Mainframe Systems Analyst
Mid-Market (51-1000 emp.)
"Thorough, Useful Information Every Time"
5/5
What do you like best about IBM Planning Analytics?

It gives thorough and useful information. within my paygrade it could always be more Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

Sometimes it provides more information than is actually needed. Review collected by and hosted on G2.com.

Pavan B.
PB
Pavan B.
Developer
Mid-Market (51-1000 emp.)
"Powerful Scenario Planning Backed by a Detailed Execution Plan"
4/5
What do you like best about IBM Planning Analytics?

It helps me create multiple scenarios to evaluate the impact of changes, supported by a detailed execution plan. Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

We usually run into performance issues, and it often requires some development effort to address them. Review collected by and hosted on G2.com.

Amandeep S.
AS
Amandeep S.
Senior SW Test Engineer
Mid-Market (51-1000 emp.)
"Accurate Predictive Forecasting That Delivers"
4.5/5
What do you like best about IBM Planning Analytics?

The predictive nature of the tool for forecasting Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

It is a bit expensive when you have to onboard the big datasets Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Verified User in Computer Software
Small-Business (50 or fewer emp.)
"Outstanding Performance and Flexible Calculations"
5/5
What do you like best about IBM Planning Analytics?

Outstanding performances, flexibility on calculation Review collected by and hosted on G2.com.

What do you dislike about IBM Planning Analytics?

the possibility to upload external documents on PAW Review collected by and hosted on G2.com.