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Using Planning Analytics to add efficiencies and flexibility to budgeting and planning
What do you like best about the product?
Planning Analytics' user-friendly interface, robust integration with Excel, and up-to-date web interface (Planning Analytics Workspace) have added many efficiencies to our budgeting and planning process.
It has allowed us to standardized and improve the budgeting process, and has provided enhanced analytic capabilities. It also provides strong Excel interface capabilities for ad hoc analysis.
A strength of Planning Analtyics is it's flexibility in allowing us to easily adapt our planning process to changing business conditions.
It has allowed us to standardized and improve the budgeting process, and has provided enhanced analytic capabilities. It also provides strong Excel interface capabilities for ad hoc analysis.
A strength of Planning Analtyics is it's flexibility in allowing us to easily adapt our planning process to changing business conditions.
What do you dislike about the product?
No strong dislikes. It is a bit of a learning curve to learn "rules" development, but that is easily overcome by training and experience.
What problems is the product solving and how is that benefiting you?
Planning Analytics has allowed us to provide a robust and flexible platform for budgeting, modeling, and planning.
It's allowed us to streamline and make more efficient previously more manual processes
It also allows us to make reports and input templates available in a more "self-service" manner via Planning Analytics Workspace (PAW). The PAW platform has been very well received by our user community and we look forward to continued enhancements to PAW.
It's allowed us to streamline and make more efficient previously more manual processes
It also allows us to make reports and input templates available in a more "self-service" manner via Planning Analytics Workspace (PAW). The PAW platform has been very well received by our user community and we look forward to continued enhancements to PAW.
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IBM Planning Analytics
What do you like best about the product?
Consolidations, hierarchies, and flexibility to create models that fit organization's needs across departments.
What do you dislike about the product?
Cost of the subscription.
Speed at which features are migrated from tm1
Speed at which features are migrated from tm1
What problems is the product solving and how is that benefiting you?
Data consolidations,
Budgeting and forecasting,
Enterprise level integrated planning
Budgeting and forecasting,
Enterprise level integrated planning
Recommendations to others considering the product:
Go with the cloud option instead of on prem
Top of the Line Product for all your XP&A Needs
What do you like best about the product?
PA can be used for way more than just your basic financial budgeting....it really can help throughout your organization
What do you dislike about the product?
It is a bit more "technical" to learn than some other tools on the market, but it is more powerful and more scalable, so it is a fair trade-off.
What problems is the product solving and how is that benefiting you?
Helping to forecast the number of units that we keep in inventory, that we need to ship (to stay in stock) and that we need to manufacture on a weekly basis. This was all previously done in Excel, and was very manual, it is now very automated in PA, and our confidence in our numbers is dramatically higher.
Recommendations to others considering the product:
Do a phased approach...don't try to boil the ocean
IBM Planning Analytics Insight
What do you like best about the product?
What I like the most is the real time calculations. It makes Excel a super tool as you now can have very large amounts of data (compared to pivot function in Excel) - I like the cloud version of this product; makes global deployment extremely easy - The analytical part that this product offers should not be underestimated. Because it has such powerful Excel add-in; what we use Planning Analytics for is to bring data from different sources into cubes (e.g. sales volume data, service level data, logistics performance data, customer data and financial data) and the true value creation is when you combine these data from different sources in your analysis (e.g. link average lease periods from operations data to financial revenue data by customer to determine true ROIC). This tool gives us the possibility to put data together and then play with data, which is not possible at this level with Excel pivot function. Other tools like Tableau, PowerBI etc are able to analyse but only on data that is loaded into it. Add hoc load-ins from different data-sources are not really possible; you always need IT to get data connections.
What do you dislike about the product?
I don't like that the chart functions for web-based reports are basic.
What problems is the product solving and how is that benefiting you?
I use it for analyzing and displaying data and for also to collect ad-hoc data
Scalable, Sparcity, Flexible
What do you like best about the product?
I can do almost everything in PA. It's very optimized and scalable. It can handle TBs in-memory. And it does not
What do you dislike about the product?
The technical support is sometimes hard to communicate, sometimes they are rude.
Sometimes It's a pain to create Time dimension you need
The installation process (especially with Docker-based Workspace) is sometimes like "Find a mermaid's tear on dawn and so on"
No version control support. It's difficult to perform releases and to move development from one server to another
Sometimes It's a pain to create Time dimension you need
The installation process (especially with Docker-based Workspace) is sometimes like "Find a mermaid's tear on dawn and so on"
No version control support. It's difficult to perform releases and to move development from one server to another
What problems is the product solving and how is that benefiting you?
We are implementing different projects: from budgeting applications to actual allocation calculations
Very much informative and great application for the Analysis purpose.
What do you like best about the product?
The best part in Visualizations. Hoping for the same to be continued.
Need to include few training videos for the Hand On Experience.
Need to include few training videos for the Hand On Experience.
What do you dislike about the product?
Training videos for using of the application need to be added for more Hands-On practices.
However, the tabs have made very much easy for the user for the analysis purpose.
However, the tabs have made very much easy for the user for the analysis purpose.
What problems is the product solving and how is that benefiting you?
It will be very much helpful for the Business Line, especially Finance related reports. Based on the Visualization it will be very useful for the Business Management to take the decision and predict for the future investment.
Recommendations to others considering the product:
I Personally and Professionally suggest/recommend the IBM Planning Analytics which makes the job easier and also useful for the Analysis and Future Prediction for the Business Marketing purpose.
Dear User, make use the IBM PA product to the fullest. However, I do not find any changes need to be made right now as it is very much feasible for the Users. Going forward if there are any changes required for the same, will keep the Team IBM informed. Moreover I get very good and quick responses for any help if required.
Great and happy user of IBM products. Since so many decades IBM rules the Database Management and it will continue forever.
A simple advice from my side would be to add few videos for the Hands-On practicing purpose for the user.
Rest all is perfectly fine.
Once again I recommend everyone to use IBM Planning Analytics and make the job easier for yourself and also Clients as per the requirement.
Thank you.
Dear User, make use the IBM PA product to the fullest. However, I do not find any changes need to be made right now as it is very much feasible for the Users. Going forward if there are any changes required for the same, will keep the Team IBM informed. Moreover I get very good and quick responses for any help if required.
Great and happy user of IBM products. Since so many decades IBM rules the Database Management and it will continue forever.
A simple advice from my side would be to add few videos for the Hands-On practicing purpose for the user.
Rest all is perfectly fine.
Once again I recommend everyone to use IBM Planning Analytics and make the job easier for yourself and also Clients as per the requirement.
Thank you.
IBM Planning Analytics (PA) August 2020
What do you like best about the product?
You can do forecasts with the power of SPSS.
Planning with Workflow included in program.
Planning with Workflow included in program.
What do you dislike about the product?
Not a lot of support from IBM if help is needed.
What problems is the product solving and how is that benefiting you?
Reduced problems that we had faced using excel, better for our team as a whole.
IBM Planning Analytics (PA) is a web interface that can use for budget and forecasting processes.
What do you like best about the product?
The key features of IBM Planning Analytics (PA) include financial planning, analysis planning, budget and forecasting processes. It has numberless functions and it is easy to use. The workspace is a must have feature if you want the work to go smoothly. It helps you communicate well with contributors. The reports are simple to do. It is cloud based and the reports can be customized as well so it is a key feature. By using workflows integrated business planning is made better.
What do you dislike about the product?
BM Planning Analytics (PA) is not very modern. The price can be an issue and it can be expensive for some users. The dashboarding feature needs to do a better job. Integrating planning analytics is very slow and their team needs to fix it. The TI process has a really poor management. The application construction is not straightforward. The customer support is not available in all countries so it becomes difficult to manage problems. The learning curve is steep.
What problems is the product solving and how is that benefiting you?
BM Planning Analytics (PA) provides performance management solution to users for their company and being an incredible tool. The user can enter complex formulas by using it without any complexity. The best thing about BM Planning Analytics is that it is quick and efficient and does work in no amount of time. It provides security too. It works for companies of any size.
integrated planning using artificial intelligence
What do you like best about the product?
Automated model creation, natural language processing and cognitive systems make it even easier and faster to develop an accurate plan.
What do you dislike about the product?
High learning curve and Insufficient documentation.
What problems is the product solving and how is that benefiting you?
We have broken down silos, unified data and synchronized planning across the organization to reveal the full picture of data and drive integrated plans.
effective and easy planning
What do you like best about the product?
It take greater nimbleness, systems administration, security, and the ability to accomplish more with less. The reports are exceptionally simple do and redo. We can associate with benefactors with a Contribution Flow, builing jobs exceptionally quick, working with extremely enormous Cubes with milions of information. The visual with which the information is seen has helped essentially the introduction of results. Is a stage that conveys what you need with regards to information volume and speed of handling.
What do you dislike about the product?
I detest that it requires a more drawn out investment for the document to process if the record has a great deal of information. Additionally, if the record surpasses a specific measure of lines that it will send out, it won't work, which implies there is a farthest point to the measure of information that you can work with.
What problems is the product solving and how is that benefiting you?
Planning, anticipating, and anything identified with money related arranging. We have diverse shapes for various purposes and can be utilized by a wide range of clients since it is flexible. Use it for our SaaS stage. Adjusting it to the majority of our modules which are exceedingly modified and every customer has an alternate arrangement of fields and work process rationale related with their information. By and large, arranging, planning, determining, money related revealing, solidification, allotments, and numerous different sorts of monetary models.
Recommendations to others considering the product:
It tends to be utilized in numerous regions of your business not simply monetary arranging so has a more prominent ROI. Request a proof of idea with your information. Take as much time as necessary and actualize it right. Get great accomplices. You'll require them yet it will be justified, despite all the trouble.
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