Financial Performance Manager at a retailer with 1,001-5,000 employees
Real User
Top 20
Apr 24, 2025
Our primary use case for IBM Planning Analytics ( /products/ibm-planning-analytics-reviews ) is for budgeting, planning, and forecasting. We also use it as a reporting tool, preparing our database to get our P&L and trial balance, and disclose financial data.
Responsable B.I at a retailer with 51-200 employees
Real User
Top 20
Feb 10, 2025
I make sure that developments inside are matching our end user needs. I check monitoring and assist newcomers in developments. TM1 is not used as a reporting database. We elaborate the budget inside, extract data, and make it available through different tools. We use it for planning all the costs and budgets for production parts in our company. TM1 is mainly used by the financial controlling department, and they use Excel directly connected to TM1 to make their dashboards.
The main customers and use cases for Planning Analytics are large companies in the Czech Republic and Slovakia, typically with more than 2,000 employees.
I use the solution in my company for our company's budgeting process; IBM Planning Analytics is used every year to manage different scenarios based on the needs of the users. The finance managers in our company use the product to change 90 percent of the budget processes and cash flows, along with some forecasting purposes.
Social Media Business Strategist at BIPRAGMA SA DE CV
User
Jul 27, 2023
There are several examples of IBM Planning analytics implemmentations. I will write down a few: KPI dashboards; Human resources planning; Sales forecasting adapting time series methods (moving average); Unit Cost simulation; P&L by product applying different accrual methods to different accounts; Expenses budgeting; Financial Consolidation....and a big etcetera.
I tried to implement IBM Planning Analytics on the cloud together with the services of IBM, and it didn't work well. We are using the solution predominantly on-premise.
Social Media Business Strategist at BIPRAGMA SA DE CV
User
Jul 27, 2023
@Dirk Boeckmann I'm so sorry to hear that, there are several key points that can go wrong in a Budget/Simulation/Forecasting implemmentation, most of them related to the process and really few of them to the platform. Sometimes we forget that there is an end user who has to make sure that the data entered is correct, but the volume of which he is accountable for is overwhelming. Sometimes to much detail kills the application since the user simply can't keep up with what he has to provide. Reaction to change is also a major factor as well as top management involvement, among many others.
Systems Analyst at a computer software company with 1,001-5,000 employees
Real User
Oct 5, 2021
It varies from client to client, but IBM Planning Analytics is used for budgeting processes in every case. In addition, some clients use it for reporting as a data source.
IBM Planning Analytics is an integrated planning solution that uses AI to automate planning, budgeting, and forecasting and drive more intelligent workflows.
Built on TM1, IBM’s powerful calculation engine, this enterprise performance management tool allows you to transcend the limits of manual planning and become the Analytics Hero your business needs. Quickly and easily drive faster, more accurate plans for FP&A, sales, supply chain and beyond.
Our primary use case for IBM Planning Analytics ( /products/ibm-planning-analytics-reviews ) is for budgeting, planning, and forecasting. We also use it as a reporting tool, preparing our database to get our P&L and trial balance, and disclose financial data.
I make sure that developments inside are matching our end user needs. I check monitoring and assist newcomers in developments. TM1 is not used as a reporting database. We elaborate the budget inside, extract data, and make it available through different tools. We use it for planning all the costs and budgets for production parts in our company. TM1 is mainly used by the financial controlling department, and they use Excel directly connected to TM1 to make their dashboards.
I mostly use it for planning, reporting, and forecasting systems.
The main customers and use cases for Planning Analytics are large companies in the Czech Republic and Slovakia, typically with more than 2,000 employees.
I use the solution in my company for our company's budgeting process; IBM Planning Analytics is used every year to manage different scenarios based on the needs of the users. The finance managers in our company use the product to change 90 percent of the budget processes and cash flows, along with some forecasting purposes.
I use IBM Planning Analytics for financial planning and budgeting.
There are several examples of IBM Planning analytics implemmentations. I will write down a few: KPI dashboards; Human resources planning; Sales forecasting adapting time series methods (moving average); Unit Cost simulation; P&L by product applying different accrual methods to different accounts; Expenses budgeting; Financial Consolidation....and a big etcetera.
We use the solution for testing and budgeting.
I use Planning Analytics for sales and commercial planning schemes and monthly and quarterly forecasts for cash and budgets.
We're a business partner of IBM. We resell Planning Analytics, and we have clients utilizing Planning Analytics.
I tried to implement IBM Planning Analytics on the cloud together with the services of IBM, and it didn't work well. We are using the solution predominantly on-premise.
@Dirk Boeckmann I'm so sorry to hear that, there are several key points that can go wrong in a Budget/Simulation/Forecasting implemmentation, most of them related to the process and really few of them to the platform. Sometimes we forget that there is an end user who has to make sure that the data entered is correct, but the volume of which he is accountable for is overwhelming. Sometimes to much detail kills the application since the user simply can't keep up with what he has to provide. Reaction to change is also a major factor as well as top management involvement, among many others.
It varies from client to client, but IBM Planning Analytics is used for budgeting processes in every case. In addition, some clients use it for reporting as a data source.
I'm an accountant services finance manager and we are customers of IBM.
The primary use case of this solution is our budgeting tool, and actuals reporting.