We performed a comparison between IBM Planning Analytics and Oracle Planning and Budgeting Cloud based on real PeerSpot user reviews.
Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."It's a very stable, robust product."
"The ease of use is valuable. The fact that it's plugged into Excel spreadsheets is also valuable. It provides additional functionality where you can slice and dice the information in a way that you can't do with spreadsheets"
"All the different platforms are well integrated."
"The product's stability is good."
"The most valuable feature is that it is able to slice and dice the data."
"Navigating through the data to make analysis is really quick."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"Planning Analytics' best features include automatic updates and slicing."
"The workforce, the cube database, is the most valuable feature where you do planning for your headcounts."
"We previously used Oracle EDS, and when comparing it to this solution, this solution has a much better interface. There are lots of advantages of the new solutions. Having it on the cloud, we are able to forget about keeping them updated or taking care of the database. We have minimal maintenance."
"The most valuable feature of Oracle Planning and Budgeting Cloud is ad hoc reporting."
"The tool improves the organizational budgeting process in several ways. One significant aspect is the extensionable functionality it offers. To illustrate, consider a scenario where a company has factories in Mexico producing Volkswagen and Kentucky producing Ford."
"The most valuable feature is the data integration in Oracle Planning and Budgeting Cloud."
"The most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides."
"Once you do the budget in Oracle ERP, you can upload it, but it's easier to create and manage budgets in the Oracle budgeting tool itself. For example, if you have a shortfall in the budget, it's easier to manage that and the forms, too, especially if you also have Oracle Forms Management. You can get the forms from somewhere and then transform those forms into budget heads."
"The product has a direct plugin to Microsoft Excel."
"The tool's transport layer could be improved when promoting development between environments."
"The dashboard is very poor and needs a lot of improvement."
"It is a bit expensive, but it does the job."
"It's wonky, and not super user-friendly with Excel."
"The new frontend Planning Analytics Workspace is not very good, it could be improved. I like the Planning Analytics functionality but it would be helpful if it could be more customizable. You can create a prediction and receive information but you cannot do feature engineering regarding the predictive models. If this was added it would be helpful."
"The tool should include features for prediction. It can also improve the scalability."
"It's highly competitive right now, and all the vendors are in a race to put out new versions with additional features. IBM comes out with new versions too often, and it has an impact on quality."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"For HR, the workforce planning out of the box is complicated. For most users, it's not easy, and it requires a learning curve. It's not very user-friendly. It can be improved."
"The tool's interface is outdated. However, OneStream is easier to navigate."
"Some of the things in this product are just too cumbersome and we don't need them and they make it harder to do certain things, or certain things have to have more specific names or descriptions."
"The FR recording studio that is used to build reports is clunky and awful to use. This could be improved a lot. The solution does have problems and limitations."
"One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective."
"Oracle Planning and Budgeting Cloud could improve by having better integration with some other modules that we would add to this solution."
"There is middleware that we need to purchase for our use case that should be provided in Oracle Planning and Budgeting Cloud. We should not have to purchase the additional solution and the integration should be seamless."
"Oracle Planning and Budgeting Cloud could improve. There are times when the forms are slow in saving and calculating."
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IBM Planning Analytics is ranked 6th in Business Performance Management with 21 reviews while Oracle Planning and Budgeting Cloud is ranked 3rd in Business Performance Management with 16 reviews. IBM Planning Analytics is rated 8.6, while Oracle Planning and Budgeting Cloud is rated 8.2. The top reviewer of IBM Planning Analytics writes "Can easily create dashboards and helps businesses improve forecasting accuracy". On the other hand, the top reviewer of Oracle Planning and Budgeting Cloud writes "Eliminates the need for users to sift through irrelevant options". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and Oracle Essbase, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, Oracle Hyperion, IBM Cognos and CCH Tagetik. See our IBM Planning Analytics vs. Oracle Planning and Budgeting Cloud report.
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