TrustRadius

Euna Budget vs. IBM Planning Analytics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Euna Budget
Score 6.1 out of 10
N/A
Euna Budget (Questica Budget and OpenBook) is a budgeting tool that enables organizations to share and communicate their financials and other data, when and where they need to. Additionally, its Project Explorer for Capital Budgets allows organizations to display on an interactive map every infrastructure project, including the budget, actual spend, funding sources, and accompanying documentation, images, video, etc.N/A
IBM Planning Analytics
Score 8.8 out of 10
N/A
IBM Planning Analytics, powered by IBM TM1®, is an integrated planning solution designed to promote collaboration across the organization and help keep pace with the speed of modern business. With its calculation engine, this enterprise performance management solution is designed to help users move beyond the limits of spreadsheets, automating the planning process to drive faster, more accurate results. Use it to unify data sources into one single repository, enabling users to build…
$825
per month 5 users
Pricing
Euna BudgetIBM Planning Analytics
Editions & Modules
No answers on this topic
Essentials
$825
per month 5 users
Standard
$1,650
per month 10 users
Offerings
Pricing Offerings
Euna BudgetIBM Planning Analytics
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details——
More Pricing Information
Community Pulse
Euna BudgetIBM Planning Analytics
Considered Both Products
Euna Budget
Verified User
Anonymous
Chose Euna Budget
It stacked up very well. We evaluate at least 3 companies before making software decisions and this one was a clear contender. The map visualization and pop ups are wonderful to be able to visually see what you are discussing in person. These are qualities the rest do not have.
IBM Planning Analytics
Orpha Harrison | TrustRadius Reviewer
Orpha Harrison
Product Owner/Analyst-Developer Experience
Chose IBM Planning Analytics
It includes Oracle Cloud EPM Planning, Anaplan, and Adaptive Insight before deciding to choose IBM Planning Analytics. We selected Planning Analytics because of its work with complicated and many area models, the capability to work with big amounts of data, and compatibility …
Gisel Bustamante | TrustRadius Reviewer
Gisel Bustamante
Marketing and Digital Communication Specialist
Chose IBM Planning Analytics
Other options, namely Anaplan, Oracle EPM Cloud, and SAP Analytics Cloud, were also considered. Anaplan's interface lacked analytical depth. For product design metrics, flexibility was not as good in Oracle EPM Cloud. The final choice was moved by the fact that it was driven …
Astrid Ortega | TrustRadius Reviewer
Astrid Ortega
Data Analyst and Risk Assessor
Chose IBM Planning Analytics
Prior to making the decision to go with IBM Planning Analytics, we had considered such options as Anaplan, Oracle Hyperion, and SAP Analytics Cloud. Despite the collaborative solutions offered by Anaplan and the good connection with other systems by SAP, the superb set of tool …
Zulma Quiroz | TrustRadius Reviewer
Zulma Quiroz
Corporate Credit Risk Analyst
Chose IBM Planning Analytics
In this case, Vena and Planful are considered as other products that can be compared with IBM Planning Analytics, but among them, IBM Planning Analytics is more optimal in terms of user interface and integration. Its preconfigure risk assessment model and its format and …
Verified User
Anonymous
Chose IBM Planning Analytics
This was an older verions that was also very good, but the new IBM Planning Analytics is a far better tool that enables better scenario planning or what-if analysis.
Verified User
Anonymous
Chose IBM Planning Analytics
IBM PA is like having pivot tables on steroids. Possibilities are endless.
Verified User
Anonymous
Chose IBM Planning Analytics
Ability to plan more products, locations, customers
Less expensive
Client already had IBM PA for FP&A
Verified User
Anonymous
Chose IBM Planning Analytics
Sandboxing,Integration and Flexibility
Verified User
Anonymous
Chose IBM Planning Analytics
IBM Planning Analytics is easier to use and setup for me. Easier to make reports. Works fast
Verified User
Anonymous
Chose IBM Planning Analytics
Planning Analytics integrates seamlessly with Cognos Analytics to support all aspects of our Financial Reporting against both dimensional (TM1) and relational and ad hoc data sources
Verified User
Anonymous
Chose IBM Planning Analytics
cost effective solution
JOSE REFUGIO VELASCO | TrustRadius Reviewer
JOSE REFUGIO VELASCO
Account Manager
Chose IBM Planning Analytics
Cognos is a tool that complements IBM Planning Analytics, allowing us to design dashboards and management reports
James Downey | TrustRadius Reviewer
James Downey
General Manager
Chose IBM Planning Analytics
Why IBM Planning Analytics when compared to Oracle Hyperion: Better excel integration Less data movement and duplication Better cloud offering More aforeable licensing
Verified User
Anonymous
Chose IBM Planning Analytics
Jedox, Board and SAP BPC (Business Planning and Consolidation)
AT
Ann-Grete Tan
Chief Strategy Officer
Chose IBM Planning Analytics
IBM Planning Analytics with Watson will be up and running more quickly and be easier to maintain if modeling flexibility, scale, and the ability to plan at greater levels of detail are important requirements.
Verified User
Anonymous
Chose IBM Planning Analytics
I am personally trying to explore the features of SAP analytics cloud in order to find if it's possible to integrate other sources of data and api based integrations, but I'm still on it while using the IBM planning analytics for my project currently. But looking at the intial …
Verified User
Anonymous
Chose IBM Planning Analytics
Workday Adaptive Planning
Diego Santos | TrustRadius Reviewer
Diego Santos
CEO (Chief Executive Officer)
Chose IBM Planning Analytics
I worked with Hyperion a long time ago. It was not a Oracle product yet. One great feature of this solution that was really great at the time, was the modeling process of ir, with a very robust engine for sparse cubes. the performance was excellent at the time. But today I can …
Verified User
Anonymous
Chose IBM Planning Analytics
IBM Planning Analytics with Watson is much more flexible and scalable in comparison. IBM PAW is the clear winner for our organization's successful planning and analysis needs.
Verified User
Anonymous
Chose IBM Planning Analytics
Anaplan does not handle sparsity; this is very problematic for large volume data sets (many 0's). There also are limitations to the number of dimensions that can be used in a module. If more dimensions are required, then separate modules need to be built and intertwined. IBM PA …
Jason Andrea | TrustRadius Reviewer
Jason Andrea
Project Manager
Chose IBM Planning Analytics
Because of its ability in planning, budgeting and forecasting or work progress.it has made it easy in driving sales hence profitability and lowering costs,also with ability to forecast the decision making has never been made this easier.
The reasons for selecting are on its …
Shivam Sharma | TrustRadius Reviewer
Shivam Sharma
Consultant
Chose IBM Planning Analytics
Compare to its competition it has good visual and graphical interface that helps to customized according to user needs. It helps to apply the best possible algorithm according to different model scenario that provides the best possible results. Predictive forecasting and AI …
Features
Euna BudgetIBM Planning Analytics
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Euna Budget
-
Ratings
IBM Planning Analytics
9.7
Ratings
24% above category average
Pixel Perfect reports00 Ratings9.80 Ratings
Customizable dashboards00 Ratings9.70 Ratings
Report Formatting Templates00 Ratings9.70 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Euna Budget
-
Ratings
IBM Planning Analytics
9.7
Ratings
17% above category average
Drill-down analysis00 Ratings9.80 Ratings
Formatting capabilities00 Ratings9.70 Ratings
Integration with R or other statistical packages00 Ratings9.80 Ratings
Report sharing and collaboration00 Ratings9.70 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Euna Budget
-
Ratings
IBM Planning Analytics
9.5
Ratings
14% above category average
Publish to Web00 Ratings9.90 Ratings
Publish to PDF00 Ratings9.90 Ratings
Report Versioning00 Ratings9.90 Ratings
Report Delivery Scheduling00 Ratings8.40 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Euna Budget
-
Ratings
IBM Planning Analytics
9.3
Ratings
20% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings9.80 Ratings
Location Analytics / Geographic Visualization00 Ratings9.80 Ratings
Predictive Analytics00 Ratings9.80 Ratings
Pattern Recognition and Data Mining00 Ratings7.80 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Euna Budget
-
Ratings
IBM Planning Analytics
9.5
Ratings
9% above category average
Multi-User Support (named login)00 Ratings9.80 Ratings
Role-Based Security Model00 Ratings9.80 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings9.80 Ratings
Report-Level Access Control00 Ratings8.40 Ratings
Single Sign-On (SSO)00 Ratings9.80 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Euna Budget
-
Ratings
IBM Planning Analytics
7.6
Ratings
3% below category average
Responsive Design for Web Access00 Ratings6.10 Ratings
Mobile Application00 Ratings8.00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings7.80 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Euna Budget
-
Ratings
IBM Planning Analytics
9.8
Ratings
17% above category average
Long-term financial planning00 Ratings9.80 Ratings
Financial budgeting00 Ratings9.80 Ratings
Forecasting00 Ratings9.80 Ratings
Scenario modeling00 Ratings9.70 Ratings
Management reporting00 Ratings9.70 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Euna Budget
-
Ratings
IBM Planning Analytics
9.8
Ratings
21% above category average
Financial data consolidation00 Ratings9.70 Ratings
Journal entries and reports00 Ratings9.80 Ratings
Multi-currency management00 Ratings9.80 Ratings
Intercompany Eliminations00 Ratings9.80 Ratings
Minority Ownership00 Ratings9.80 Ratings
Local and consolidated reporting00 Ratings9.80 Ratings
Detailed Audit Trails00 Ratings9.70 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Euna Budget
-
Ratings
IBM Planning Analytics
9.4
Ratings
15% above category average
Financial Statement Reporting00 Ratings9.80 Ratings
Management Reporting00 Ratings9.80 Ratings
Excel-based Reporting00 Ratings9.80 Ratings
Automated board and financial reporting00 Ratings9.70 Ratings
XBRL support for regulatory filing00 Ratings8.10 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Euna Budget
-
Ratings
IBM Planning Analytics
9.5
Ratings
17% above category average
Personalized dashboards00 Ratings9.70 Ratings
Color-coded scorecards00 Ratings9.80 Ratings
KPIs00 Ratings9.80 Ratings
Cost and profitability analysis00 Ratings9.80 Ratings
Key Performance Indicator setting00 Ratings9.80 Ratings
Benchmarking with external data00 Ratings8.10 Ratings
Integration
Comparison of Integration features of Product A and Product B
Euna Budget
-
Ratings
IBM Planning Analytics
9.8
Ratings
16% above category average
Flat file integration00 Ratings9.80 Ratings
Excel data integration00 Ratings9.80 Ratings
Direct links to 3rd-party data sources00 Ratings9.80 Ratings
Best Alternatives
Euna BudgetIBM Planning Analytics
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10

No answers on this topic

Medium-sized Companies
Centage
Centage
Score 9.4 out of 10
Centage
Centage
Score 9.4 out of 10
Enterprises
OneStream
OneStream
Score 8.8 out of 10
OneStream
OneStream
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Euna BudgetIBM Planning Analytics
Likelihood to Recommend
6.0
(0 ratings)
8.9
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(0 ratings)
Usability
6.0
(0 ratings)
9.7
(0 ratings)
Support Rating
4.0
(0 ratings)
9.7
(0 ratings)
Product Scalability
-
(0 ratings)
9.1
(0 ratings)
User Testimonials
Euna BudgetIBM Planning Analytics
Likelihood to Recommend
Citizen engagement would be the area where it could be best suited. I don't really see it outside of the public sector but we use it to interact with our clients in the public sector. It helps to be able to show the transparency of engagement of citizens to communicate best with local government agencies.
Verified User
Anonymous
Read full review
For a CFO or a COO to do budgeting and planning, IBM Planning Analytics would be essential. It is a tool that can take in multiple data sources and showcase them in a multidimensional way. If you are looking just for a BI or reporting tool, Planning Analytics would be considered "overkill".
PC
Patrick Cooper
BI Consultant
Read full review
Pros
  • Charts
  • Mobility
  • Interactive
Verified User
Anonymous
Read full review
  • Handle very large data volumes.
  • Scale to a large number of users.
  • Not having to compromise on business complexity.
  • It can be run by business users.
  • Availability of highly qualified consultants to support businesses.
  • REST API allows for an open eco system and a variety of solutions to extend the product.
  • Vast integration possibilities.
  • AI-infused engine with IBM Watson.
Verified User
Anonymous
Read full review
Cons
  • The search feature could be easier.
  • Integration into other tools.
  • The guided tours could be more helpful. If I'm nitpicking at this point.
Verified User
Anonymous
Read full review
  • sometimes it is hard to produce pixel perfect reports from the Web UI. I know it is not made for this, but still, it'll be great
  • getting in e.g. an Excel file just by drag and drop, and the AI should "understand" what the data is all around
Verified User
Anonymous
Read full review
Likelihood to Renew
No answers on this topic
Since IBM Cognos Express is suitable only for medium data warehouse environment, we are not sure if this tool solves the long term need as the business keeps growing rapidly. So its a 50/50 ratio to renew Express license. But having said that, the components of IBM Cognos Express are also available in other Cognos BI suites like Cognos 10.x version. So we will probably upgrade our environment to IBM Cognos 10.x which comes with more new features.
Verified User
Anonymous
Read full review
Usability
It's very easy to use and intuitive enough that you can guide yourself through even if you do not have IT on staff to assist you. It's easy to set up and get going in minutes. All you have in front of you to analyze data and present. It's helpful for the customer too.
Verified User
Anonymous
Read full review
IBM Planning Analytics is generally good in terms of functionalities. It can be used reduce time for budget planning, resource planning, demand forecasting, etc. The performance of IBM Planning Analytics is acceptable, but user interface can be improved. It would be good to see new features that allow users to customise the dashboard.
Verified User
Anonymous
Read full review
Support Rating
I haven't had to deal with support much because it's such an easy-to-use product but when I have, they have been very easy to talk to, engage, and resolve our needs quickly. The challenges we had were met over the phone as they walked us through the system.
Verified User
Anonymous
Read full review
Although I find the IBM Planning analytics documentation quite time consuming, their support with email and call is something i can term as very considerate and patient, I have had few calls about the features and how i would want to implement them within my projects, and the teams have been super helpful to resolve my issues
Verified User
Anonymous
Read full review
Alternatives Considered
It stacked up very well. We evaluate at least 3 companies before making software decisions and this one was a clear contender. The map visualization and pop ups are wonderful to be able to visually see what you are discussing in person. These are qualities the rest do not have.
Verified User
Anonymous
Read full review
For strong technical teams and flexibility IBM Planning Analytics is the way to go. For quicker adoption and less technical teams Anaplan is the best option. If consolidation, financials, and moving from legacy tools are main focus than OneStream will be a really good choice. If deeply invested into SAP already than the SAP BPC will be the best fit to maintain the investment.
Verified User
Anonymous
Read full review
Return on Investment
  • ROI
  • Transparency
  • Purpose
Verified User
Anonymous
Read full review
  • Much higher degree of accuracy in forecasting with the use of predictive analysis from historical data
  • Dozens of man hours saved in routine processes that are now handled with minimal human interaction
  • One system that holds the "source of truth," consolidating multiple systems together that were only accessible individually before
Verified User
Anonymous
Read full review
ScreenShots

Euna Budget Screenshots

Screenshot of Questica OpenBook Landing PageScreenshot of Questica OpenBook Budget VisualizationScreenshot of Questica OpenBook SearchScreenshot of Questica OpenBook Visualization Sample 1Screenshot of Questica OpenBook Project Explorer for Capital BudgetsScreenshot of Questica OpenBook Project Explorer for Capital Budgets - Zoom In

IBM Planning Analytics Screenshots

Screenshot of Workflow managementScreenshot of Income statementScreenshot of Margin analysisScreenshot of Metrics managementScreenshot of Income statementScreenshot of Expense analysis