Overall Satisfaction with IBM Planning Analytics
While IBM's Cognos Analytics is great for data visualization and forecasting, IBMS Planning Analytics is geared towards financial aspect. So even though Cognos Analytics and Planning Analytics are two different subscriptions, there are many similarities as well. Such as AI Chatbot that answers queries after doing computation. And for that no SQL coding needed. Interesting point to note is that IBM Planning Analytics is not just meant for accounts department. It can be tailored for almost any kind of business category such as human resource where HR manager will be interested in analyzing cost of each staff. Similarly marketing department can benefit from getting a view of how each marketing executive contributing to the firm's target sales/revenue.
- Forecasting after taking into account seasonal trends and exceptional transactions
- Unlike spreadsheets, there is no fear of an user making changes to the mastercopy accidentally. Each user gets his or her own workspace to analyze.
- For entities operating in multiple countries, connects seamlessly with IBM Cognos Controller for taking into account variation in currencies
- They might consider merging Cognos Analytics, Planning Analytics, Cognos Controller into single subscription. The same will reduce confusion.
- There is initially a steep learning curve despite no coding knowledge needed. Try to make the learning process easier.
- Our clients benefit from the business planning capabilities of IBM Planning Analytics. Financial reporting with interactive dashboards, checking easily if targets met or not.
- Granular reporting digging into a particular head or category
- Scenario based planning
- AI capabilities ensures that seasonal trends are taken into account
Without writing a single piece of SQL, queries can be raised. Each reply also points to the source or basis by which reply generated.AI capabilities is like a magic and given yearly sets of data, its power to generate reports only enhances.
Do you think IBM Planning Analytics delivers good value for the price?
Yes
Are you happy with IBM Planning Analytics's feature set?
Yes
Did IBM Planning Analytics live up to sales and marketing promises?
Yes
Did implementation of IBM Planning Analytics go as expected?
Yes
Would you buy IBM Planning Analytics again?
Yes