The system you need to stop doing boring tasks.

IBM Planning Analytics: A Comprehensive Guide

Planning analytics takes your current way to plan, budget, and forecast and makes it feel like Northern Rail – slow and unreliable. As a solution, it helps you to automate, streamline and optimise everything. Manual planning analytics using Excel docs with 100 tabs will be a thing of the past, and thank goodness for that. Get your head out of the spreadsheets and make it easier on yourself with IBM Planning Analytics.

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What is IBM Planning Analytics?

IBM Planning Analytics is built on the TM1 Engine, making it a robust planning and forecasting tool that brings all of your financial and operational data together in one place. In essence, it removes the chaos of manual spreadsheets, allows all of your data to be in one place easily, and makes it so you can easily collaborate across teams and departments.

It’s your go to for smarter planning and way less headaches. Automated, flexible, and scalable, it can help you fine tune your forecasts, overhaul your budgeting, and gives you the data you need to make better decisions. It’s built to make all of your hard stuff simple, so you can actually focus on what matters to you and your business.

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Key features

IBM planning analytics workspace is packed full of tools that makes planning your finances and operations easier, faster, and way more accurate. We would be here all day if we listed all of its features, so here are a few of the heavy hitters:

Multi-Dimensional Modelling – build models that handle your complex data with ease, whether it’s financials, KPIs, or operations.
Real-Time Insights – updates happen instantly – no lag and no delays. Compare scenarios and see the impact of changes as you go.
Predictive Forecasting – stay one step ahead with AI-powered forecasting that helps you plan for what’s coming.

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Benefits of Using Planning Analytics

The IBM planning analytics system doesn’t just get your head out of the spreadsheets, it completely overhauls how you approach planning, reporting and decision making. To make life easy, we’ll list out our top few benefits as bullet points because we know you’re busy and we want to make this as easy as possible to digest.

Save time with automation #efficiency
Improve your accuracy – with all your data in one place, you’ll reduce errors and make your reporting consistent.
Make better decisions – no more late nights, you’ll get insights you trust at the drop of the hat.
Scalability – going from 5 to 15 in a year, no problem, the system can scale with you.

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The Different Licences

There are a few different scenarios for how you can use the system, depending on if you want to host anything, if it will sit entirely with IBM or a mix of the two.

On-premises

Hosted on site, on your servers, so you have total and complete control of the system.

Cloud

IBM takes care of the hosting, storage, and maintenance on their servers. You just log in and get to work – no hardware, no hassle, just access anywhere, anytime.