--- title: "IBM Planning Analytics Software Reviews, Demo & Pricing - 2026" description: "Review of IBM Planning Analytics Software: system overview, features, price and cost information. Get free demos and compare to similar programs." source_url: "https://www.softwareadvice.com/accounting/planning-analytics-profile/" page_type: "product" language: "en" --- [Home](https://www.softwareadvice.com/) / [Budgeting Software](https://www.softwareadvice.com/accounting/budgeting-forecasting-software-comparison/) / IBM Planning Analytics Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. Overview [Reviews](https://www.softwareadvice.com/project-management/ibm-planning-analytics-with-watson-profile/reviews/) # IBM Planning Analytics Review From $150/month Free trial 1 plan Wondering if IBM Planning Analytics is right for your organization? Our Budgeting Software selection experts can help you in 15 minutes or less. On this page - Overview - User Interface - Popular Alternatives - Pricing and Plans - Features - Integrations - User Reviews ## Overview IBM Planning Analytics 4.2 [(12)](https://www.softwareadvice.com/project-management/ibm-planning-analytics-with-watson-profile/reviews/) Pricing Starting at $150.00 per month ### About IBM Planning Analytics IBM Planning Analytics is a planning, forecasting and analysis solution that helps supply chain professionals gain accurate insights into current demand and future trends in order to optimize inventory levels and control costs. Organizations dealing with sprawling global supply chains and rising customer expectations can use it to develop forecasts at the aggregate or product family level, all the way down to the individual SKU. Built on the technology of IBM TM1, this solution enables users to build an accurate and complete model of the end-to-end supply chain across multiple transaction systems. Users can perform complex dimensional calculations and run detailed what-if scenarios. This helps supply chain managers ensure that they are making the most informed decisions to drive production efficiency and avoid the shortages and stock-outs that can lead to lost revenue. Do you work for IBM Planning Analytics? [Manage this product listing](https://www.g2.com/products/ibm-planning-analytics/claim_requests/new?auto=true) Wondering if IBM Planning Analytics is right for your organization? Our Budgeting Software selection experts can help you in 15 minutes or less. ## IBM Planning Analytics User Interface ## Popular IBM Planning Analytics Alternatives Main Product IBM Planning Analytics 4.2 [(12)](https://www.softwareadvice.com/project-management/ibm-planning-analytics-with-watson-profile/reviews/) Ratings Breakdown - 3.88Ease of use - 4.10Value for money - 3.86Customer support - 4.58Functionality Pricing Starting at $150.00 per month Get Price Alternative Product [Adaptive from Workday](https://www.softwareadvice.com/nonprofit/workday-adaptive-planning-profile/) 4.5 [(235)](https://www.softwareadvice.com/nonprofit/workday-adaptive-planning-profile/reviews/) Ratings Breakdown - 4.20Ease of use - 4.34Value for money - 4.44Customer support - 4.35Functionality Pricing Available upon request Get Price Alternative Product [Sage Intacct](https://www.softwareadvice.com/accounting/intacct-accounting-profile/) 4.3 [(717)](https://www.softwareadvice.com/accounting/intacct-accounting-profile/reviews/) Ratings Breakdown - 4.20Ease of use - 4.00Value for money - 3.98Customer support - 4.23Functionality Pricing Available upon request Get Price Alternative Product [Datarails](https://www.softwareadvice.com/accounting/datarails-profile/) 4.7 [(244)](https://www.softwareadvice.com/accounting/datarails-profile/reviews/) Ratings Breakdown - 4.49Ease of use - 4.60Value for money - 4.75Customer support - 4.61Functionality Pricing Available upon request Get Price Alternative Product [Limelight](https://www.softwareadvice.com/product/402471-Limelight/) 4.5 [(38)](https://www.softwareadvice.com/product/402471-Limelight/reviews/) Ratings Breakdown - 4.47Ease of use - 4.75Value for money - 4.79Customer support - 4.42Functionality Pricing Available upon request Get Price Alternative Product [Jirav](https://www.softwareadvice.com/accounting/jirav-profile/) 4.9 [(19)](https://www.softwareadvice.com/accounting/jirav-profile/reviews/) Ratings Breakdown - 4.68Ease of use - 4.89Value for money - 4.95Customer support - 4.74Functionality Pricing Starting at $20000.00 per year Get Price ## IBM Planning Analytics Pricing and Plans Starting price: $150.00 per month Free Trial Free Version Basic $150.00 per month No plan information available Confused about pricing? We've got you covered. Get a personalized pricing breakdown tailored to your specific needs—no guesswork, no generic estimates. ## IBM Planning Analytics Features - Popular features found in Budgeting Cash Management Chart of Accounts Consolidation/Roll-Up Forecasting General Ledger Income & Balance Sheet Multi-Company Multi-Department/Project Profit/Loss Statement Strategic Planning - More features of IBM Planning Analytics Ad hoc Reporting API Asset Lifecycle Management Audit Trail Budgeting/Forecasting Customizable Templates Dashboard Generative AI Key Performance Indicators KPI Monitoring Machine Learning Modeling & Simulation Natural Language Processing Performance Management Performance Metrics Planning Tools Predictive Analytics Reporting/Analytics Scenario Planning Scorecards Version Control Visual Analytics "What If" Scenarios ## IBM Planning Analytics Integrations Microsoft Excel Integration rated undefined from -1 review ## IBM Planning Analytics User Reviews ## IBM Planning Analytics customer ratings - Overall rating: 4.2/5 - Total reviews: 12 ### Rating distribution - 5 stars: 6 reviews (50%) - 4 stars: 4 reviews (33%) - 3 stars: 1 reviews (8%) - 2 stars: 1 reviews (8%) - 1 star: 0 reviews (0%) ### Secondary ratings - Ease of use: 3.9/5 - Value for money: 4.1/5 - Customer support: 3.9/5 - Functionality: 4.6/5 --- ### Excellent budget planning tool - Overall rating: 4/5 - Reviewer: Alaister L. - Verified reviewer: Yes - Industry: Information Technology and Services - Company size: 11-50 employees - Product usage: Used daily for less than 12 months - Reviewed: July 2022 - Review source details: This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you. We have a good experience using it to do budget planning, analysis and forecasting. #### Ratings breakdown - Ease of use: 4/5 - Value for money: 4/5 - Customer support: 4/5 - Functionality: 5/5 #### Pros The Excel integration helps us make budget planning and reports. The automated data processing tool is very useful and flexible. #### Cons The learning curve is a little bit high due to lack of documentation. At first, we found this tool difficult to use. --- ### Great CPM enterprise software - Overall rating: 5/5 - Reviewer: Verified Reviewer - Verified reviewer: Yes - Industry: Banking - Company size: 10000+ employees - Product usage: Used daily for more than 2 years - Reviewed: January 2020 - Review source details: This review was submitted organically. No incentive was offered We had great experience using IBM Planning analytics implementing the workforce planning, and marketplace planning. It is stable and robust, supporting enterprise level planning and forecasting. The integration with cognos analytics make the reporting side easier. #### Ratings breakdown - Ease of use: 4/5 - Value for money: 5/5 - Customer support: 4/5 - Functionality: 5/5 #### Pros 1. Good performance especially the enhanced processing engine in the recent versions; 2. Robust reporting capability and integration with other IBM software such as IBM Cognos Analytics and Microsoft office; 3. Capability of integration with Watson and SPSS. #### Cons 1. Although feeds and rules are the cores of IBM Planning Analytics, it makes the developer really hard to design and troubleshooting, wondering if the complexity can be encapsulated with a more business driven approach; 2.Comparing to other software, IBM Planning Analytics lack of new features in the recent couple of years. #### Reasons for choosing IBM Planning Analytics The corporate policy and intergation need with other IBM products made us stay with IBM Cognos analytics. --- ### IBM Cognos TM-1 - Overall rating: 3.5/5 - Reviewer: Michael B. - Industry: Primary/ Secondary Education - Product usage: Used unspecified for less than 2 years - Reviewed: August 2016 - Review source details: This review was submitted organically. No incentive was offered #### Ratings breakdown - Ease of use: 2.5/5 - Functionality: 4/5 #### Pros This product allows our Finance team to forecast. Being able to tie the data to our data warehouse allows our users to slice and dice the data they way that they need. #### Cons This product is hard to maintain at times. Being a place that doesn't have trained individuals on how to use this, we have to turn to outside vendors to help us out quite a bit. Doesn't seem to intuitive and is hard to finds information on the internet. --- ### IBM Planning Analytics for Planning and Reporting in Finance Depts - Overall rating: 4/5 - Reviewer: Paul S. - Verified reviewer: Yes - Industry: Accounting - Company size: Self-Employed - Product usage: Used daily for more than 2 years - Reviewed: February 2023 - Review source details: This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you. I have built complex models in TM1 for both Management and Statutory Accounts. I have built planning models in areas such as property valuations, ship building project costing, airline route profitability, currency conversion, activity based costing, public finance initiative scenario comparison, etc #### Ratings breakdown - Ease of use: 4/5 - Value for money: 4/5 - Customer support: 4/5 - Functionality: 4/5 #### Pros TM1 aka Planning Analytics will consolidate data in real-time. As soon as a budget figure is changed at the bottom of the hierarchy you can see the impact of that change on all higher level numbers, and on any related values for which calculations can be defined in its rules language. It can easily cope with Currency Conversion, Rate based Planning, Allocations, Activity Based Costing, etc. The multi-cube architecture means that if you change a value in eg the Price cube you can see the impact on other related cubes, such as Sales and Profit and Loss. It has real time links to Excel making it easy to build Excel sheets that can be used as input templates for budgeting, where entering a number instantly updates the underlying TM1 cube and which can also be used for sophisticated reporting. The Excel workbooks can be easily published to TM1 Web where are then accessible to anyone with a web browser. Data can be both entered and reported on, in the web. #### Cons The Planning Analytics Workbench PAW is not as capable as Power BI for Dashboarding. However, the modelling and planning capabilities of TM1 are superior to those of Power BI. #### Reasons for choosing IBM Planning Analytics See above #### Reasons for switching to IBM Planning Analytics Neither of these products could handle real-time calculations. In both products a lengthy recalculation process is needed during which time the model cannot be accessed. They are suited to reporting, but cannot handle both planning and reporting. --- ### Review of IBM Planning Analytics - Overall rating: 5/5 - Reviewer: Edward H. - Verified reviewer: Yes - Industry: Banking - Company size: 10000+ employees - Product usage: Used daily for less than 2 years - Reviewed: June 2024 - Review source details: This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you. It has been a good choice as far as functionality. #### Ratings breakdown - Ease of use: 3/5 - Value for money: 3/5 - Customer support: 5/5 - Functionality: 4/5 #### Pros - ease of use with Excel, word and PowerPoint applications #### Cons The overall cost is higher that other products because of the license --- ### Trustworthy as TM1 - Overall rating: 5/5 - Reviewer: Gerson M. - Verified reviewer: Yes - Product usage: Used other for less than 2 years - Reviewed: February 2018 - Review source details: This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you. Predictive insights uncovered automatically with just a few clicks #### Ratings breakdown - Ease of use: 5/5 - Value for money: 4/5 - Customer support: 4/5 - Functionality: 5/5 #### Pros It's powered by TM1 another great solution of IBM. Eliminate manual tasks derived from the constant and tedious use of spreadsheets. It provides dynamic planning and analytics workspace to model real-time scenarios. Once I export it to Excel as a formula driven file, all I have to do is edit the cell that it is pulling from and the result will vary depending of the desired result. #### Cons Must wait some time while files are processed. Also penalize heavily errors. But once is set the results are great. --- ### Awesome tool to manage budget and planning - Overall rating: 5/5 - Reviewer: Madhukeshwari S. - Verified reviewer: Yes - Industry: Computer Software - Company size: 11-50 employees - Product usage: Used weekly for more than 2 years - Reviewed: September 2018 - Review source details: This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you. #### Ratings breakdown - Ease of use: 5/5 - Value for money: 5/5 - Customer support: 5/5 - Functionality: 5/5 #### Pros Its multi task software, so no need to buy different software to manage your organisation planning, reports are exporting to excel so easily modify it as you wish #### Cons Bit difficult to setup, no more articles over the internet, you need to ask some techies for one time setup. Later anyone can handle it --- ### I've been a TM1 consultant and administrator for the past 5 years. - Overall rating: 3/5 - Reviewer: David C. - Industry: Management Consulting - Product usage: Used unspecified for more than 2 years - Reviewed: August 2015 - Review source details: This review was submitted organically. No incentive was offered #### Ratings breakdown - Ease of use: 4/5 - Customer support: 1.5/5 - Functionality: 4/5 #### Pros It is a very power tool if used in the right situation in the right way. #### Cons Ability to create complete UI and getting data out of it. --- ### BI Product - Overall rating: 4/5 - Reviewer: Jeffrey B. - Industry: Real Estate - Company size: 1001-5000 employees - Product usage: Used weekly for less than 2 years - Reviewed: March 2017 - Review source details: This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you. #### Ratings breakdown - Ease of use: 3/5 - Value for money: 3/5 - Customer support: 3/5 - Functionality: 5/5 #### Pros The overall product provides a central system and removes the need to purchase many different platforms. #### Cons The security setup is complex and difficult to do out of the box. Once setup, it works great with Acitve directory --- ### TM1 Review - Overall rating: 2/5 - Reviewer: Nabeel C. - Industry: Government Administration - Company size: 1001-5000 employees - Product usage: Used monthly for less than 12 months - Reviewed: November 2017 - Review source details: This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you. TM1 is a great tool to have as long as the organization's system interfacing are setup to work reliably and the databases are designed to interface with each other. If these conditions are not ideal, then TM1 will not add as much value to the organization as it is designed to. #### Ratings breakdown - Ease of use: 2/5 - Value for money: 3/5 - Customer support: 4/5 - Functionality: 4/5 #### Pros The biggest advantage of using IBM Cognos TM1 is the ability to fully incorporate budgets and planning into the accounting system and the ability to use Cognos and Costpoint and other softwares to expand, analyze and extrapolate these budgets, planning and forecasts. #### Cons TM1 heavily relies on data feed from other systems whether it be Cognos, CostPoint or T&E and any small issue during the data interface can skew the analysis and often result in errors and misleading financial analysis. --- Showing 1 - 10 of 12 Reviews [See All Reviews](https://www.softwareadvice.com/project-management/ibm-planning-analytics-with-watson-profile/reviews/) ## Other Top Recommended Budgeting Software [NetSuite](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/) **4.2** (2073) Recently recommended **242** times [Sage 50 Accounting](https://www.softwareadvice.com/accounting/sage-50cloud-profile/) **4.0** (629) Recently recommended **242** times [Sage Intacct](https://www.softwareadvice.com/accounting/intacct-accounting-profile/) **4.3** (717) Recently recommended **239** times [Vena](https://www.softwareadvice.com/bpm/vena-profile/) **4.5** (139) Recently recommended **226** times Stuck Between Options? 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