We performed a comparison between IBM Planning Analytics and Workiva Wdesk 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."The most valuable feature is that it is able to slice and dice the data."
"It's a very stable, robust product."
"A lot of the platform is in-memory, so Planning Analytics can run calculations quite fast. It also offers several user interfaces. And in the newest version of Planning Analytics, there is a new one called the Planning Analytics Workspace. Maybe it could be useful for the business side."
"Planning Analytics' best features include automatic updates and slicing."
"The tool is flexible."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"Navigating through the data to make analysis is really quick."
"All the different platforms are well integrated."
"Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools."
"It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files."
"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."
"It makes the compliance process more efficient and more effective."
"The collaboration within the platform is valuable."
"Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."
"The tool should include features for prediction. It can also improve the scalability."
"Planning Analytics could be improved by adding automation features."
"The dashboard is very poor and needs a lot of improvement."
"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."
"It would have been better if the solution was not just a tool kit."
"It is a bit expensive, but it does the job."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"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 speed must be improved."
"One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel."
"At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities."
"With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together."
"The most critical issue is the need to shift between uppercase and lowercase."
"Regarding the solution, reporting has certain areas that can be considered for improvement."
IBM Planning Analytics is ranked 6th in Business Performance Management with 21 reviews while Workiva Wdesk is ranked 12th in Business Performance Management with 6 reviews. IBM Planning Analytics is rated 8.6, while Workiva Wdesk is rated 7.0. 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 Workiva Wdesk writes "A user-friendly tool useful for data consolidation and automating the reporting schedules". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and IBM Cognos, whereas Workiva Wdesk is most compared with AuditBoard, Oracle Hyperion, RSA Archer, OneTrust GRC and LucaNet. See our IBM Planning Analytics vs. Workiva Wdesk report.
See our list of best Business Performance Management vendors.
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