IBM Planning Analytics 2026: Benefits, Features & Pricing

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Overview
Pricing and Plans
Features
Integrations
User Reviews

Overview

IBM Planning Analytics

4.2

(12)

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.

IBM Planning Analytics Screenshots

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

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IBM Planning Analytics Features

Popular features found in Strategic Planning
Budgeting/Forecasting
Goal Setting/Tracking
Idea Management
KPI Monitoring
Milestone Tracking
Roadmapping
Scenario Planning
More features of IBM Planning Analytics
Ad hoc Reporting
API
Asset Lifecycle Management
Cash Management
Consolidation/Roll-Up
Customizable Templates
Dashboard
Forecasting
General Ledger
Generative AI
Income & Balance Sheet
Key Performance Indicators
Machine Learning
Modeling & Simulation
Multi-Company
Multi-Department/Project
Natural Language Processing
Performance Management
Performance Metrics
Planning Tools
Predictive Analytics
Profit/Loss Statement
Reporting/Analytics
Scorecards
Strategic Planning
Version Control
Visual Analytics
"What If" Scenarios

IBM Planning Analytics Integrations

Microsoft Excel

IBM Planning Analytics User Reviews

Overall Rating

4.2

Ratings Breakdown

50%

33%

Secondary Ratings

Ease of Use

3.9

Value for money

4.0

Customer support

4.0

Functionality

4.5

Alaister L.

Verified reviewer

Information Technology and Services

11-50 employees

Used daily for less than 12 months

Review source

Reviewed July 2022

Excellent budget planning tool

We have a good experience using it to do budget planning, analysis and forecasting.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

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.

Verified

Reviewer

Banking

10000+ employees

Used daily for more than 2 years

Review source

Reviewed January 2020

Great CPM enterprise software

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

Value for money

Customer support

Functionality

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.

Michael B.

Primary/ Secondary Education

Used unspecified for less than 2 years

Review source

Reviewed August 2016

IBM Cognos TM-1

Ratings Breakdown

Ease of use

Functionality

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.

Edward H.

Verified reviewer

Banking

10000+ employees

Used daily for less than 2 years

Review source

Reviewed June 2024

Review of IBM Planning Analytics

It has been a good choice as far as functionality.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

- ease of use with Excel, word and PowerPoint applications

Cons:

The overall cost is higher that other products because of the license

Paul S.

Verified reviewer

Accounting

Self-Employed

Used daily for more than 2 years

Review source

Reviewed February 2023

IBM Planning Analytics for Planning and Reporting in Finance Depts

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

Value for money

Customer support

Functionality

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.

Gerson M.

Verified reviewer

Used other for less than 2 years

Review source

Reviewed February 2018

Trustworthy as TM1

Predictive insights uncovered automatically with just a few clicks

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

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.

Madhukeshwari S.

Verified reviewer

Computer Software

11-50 employees

Used weekly for more than 2 years

Review source

Reviewed September 2018

Awesome tool to manage budget and planning

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

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

David C.

Management Consulting

Used unspecified for more than 2 years

Review source

Reviewed August 2015

I've been a TM1 consultant and administrator for the past 5 years.

Ratings Breakdown

Ease of use

Customer support

Functionality

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.

Jeffrey B.

Real Estate

1001-5000 employees

Used weekly for less than 2 years

Review source

Reviewed March 2017

BI Product

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

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

Nabeel C.

Government Administration

1001-5000 employees

Used monthly for less than 12 months

Review source

Reviewed November 2017

TM1 Review

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

Value for money

Customer support

Functionality

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.

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