TrustRadius: an HG Insights company

IBM Planning Analytics vs. Prophix

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    IBM Planning Analytics

    Score8.8 out of 10
    N/AIBM 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

    Prophix

    Score8.2 out of 10
    Enterprise companies (1,001+ employees)
    Prophix One, a Financial Performance Platform, is used to improve the speed and accuracy of decision-making within a harmonized user experience. To reduce complexity and uncertainty, the software offers automated insights and planning, budgeting, forecasting, reporting, and consolidation functionalities.N/A
    Pricing
    IBM Planning AnalyticsProphix
    Editions & Modules
    Essentials
    $825
    per month 5 users
    Standard
    $1,650
    per month 10 users
    No answers on this topic
    Offerings
    Pricing Offerings
    IBM Planning AnalyticsProphix
    Free Trial
    YesYes
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeOptionalOptional
    Additional Details——
    More Pricing Information
    Community Pulse
    IBM Planning AnalyticsProphix
    Considered Both Products
    IBM
    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 …
    Incentivized
    Prophix Software
    Chose Prophix
    We carried out an evaluation with IBM, and some other national software that is not on the list, such as Lever Pro and Allstrategy. For IBM, our main problem was that the software representative wanted to sell something modular, thus losing all the functionality of a "blank …
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    IBM Planning AnalyticsProphix
    BI Standard Reporting
    Comparison of BI Standard Reporting features of IBM Planning Analytics and Prophix
    Feature
    IBM Planning Analytics
    9.7
    90 Ratings
    Prophix
    5.7
    16 Ratings
    Pixel Perfect reports9.879 Ratings5.03 Ratings
    Customizable dashboards9.790 Ratings5.415 Ratings
    Report Formatting Templates9.784 Ratings6.615 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of IBM Planning Analytics and Prophix
    Feature
    IBM Planning Analytics
    9.7
    96 Ratings
    Prophix
    8.5
    104 Ratings
    Drill-down analysis9.893 Ratings9.1103 Ratings
    Formatting capabilities9.795 Ratings7.6101 Ratings
    Integration with R or other statistical packages9.871 Ratings00 Ratings
    Report sharing and collaboration9.792 Ratings9.098 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of IBM Planning Analytics and Prophix
    Feature
    IBM Planning Analytics
    9.5
    90 Ratings
    Prophix
    8.3
    96 Ratings
    Publish to Web9.985 Ratings00 Ratings
    Publish to PDF9.984 Ratings8.791 Ratings
    Report Versioning9.983 Ratings7.571 Ratings
    Report Delivery Scheduling8.475 Ratings8.883 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of IBM Planning Analytics and Prophix
    Feature
    IBM Planning Analytics
    9.3
    92 Ratings
    Prophix
    4.1
    39 Ratings
    Pre-built visualization formats (heatmaps, scatter plots etc.)9.892 Ratings00 Ratings
    Location Analytics / Geographic Visualization9.886 Ratings00 Ratings
    Predictive Analytics9.882 Ratings4.139 Ratings
    Pattern Recognition and Data Mining7.815 Ratings00 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of IBM Planning Analytics and Prophix
    Feature
    IBM Planning Analytics
    9.5
    96 Ratings
    Prophix
    8.9
    99 Ratings
    Multi-User Support (named login)9.894 Ratings9.096 Ratings
    Role-Based Security Model9.895 Ratings9.096 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)9.896 Ratings9.099 Ratings
    Report-Level Access Control8.420 Ratings8.440 Ratings
    Single Sign-On (SSO)9.888 Ratings00 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of IBM Planning Analytics and Prophix
    Feature
    IBM Planning Analytics
    7.6
    83 Ratings
    Prophix
    7.5
    52 Ratings
    Responsive Design for Web Access6.182 Ratings7.552 Ratings
    Mobile Application8.046 Ratings00 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile7.855 Ratings00 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of IBM Planning Analytics and Prophix
    Feature
    IBM Planning Analytics
    9.8
    102 Ratings
    Prophix
    8.6
    202 Ratings
    Long-term financial planning9.898 Ratings8.9167 Ratings
    Financial budgeting9.8101 Ratings9.1197 Ratings
    Forecasting9.8102 Ratings8.1189 Ratings
    Scenario modeling9.7101 Ratings7.8153 Ratings
    Management reporting9.7101 Ratings8.9192 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of IBM Planning Analytics and Prophix
    Feature
    IBM Planning Analytics
    9.8
    95 Ratings
    Prophix
    7.7
    163 Ratings
    Financial data consolidation9.791 Ratings8.8133 Ratings
    Journal entries and reports9.883 Ratings9.181 Ratings
    Multi-currency management9.884 Ratings6.866 Ratings
    Intercompany Eliminations9.883 Ratings6.678 Ratings
    Minority Ownership9.875 Ratings6.732 Ratings
    Local and consolidated reporting9.887 Ratings8.7116 Ratings
    Detailed Audit Trails9.789 Ratings7.696 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of IBM Planning Analytics and Prophix
    Feature
    IBM Planning Analytics
    9.4
    96 Ratings
    Prophix
    7.9
    193 Ratings
    Financial Statement Reporting9.892 Ratings9.1175 Ratings
    Management Reporting9.893 Ratings8.8187 Ratings
    Excel-based Reporting9.895 Ratings8.0171 Ratings
    Automated board and financial reporting9.785 Ratings8.5149 Ratings
    XBRL support for regulatory filing8.161 Ratings5.28 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of IBM Planning Analytics and Prophix
    Feature
    IBM Planning Analytics
    9.5
    98 Ratings
    Prophix
    6.1
    169 Ratings
    Personalized dashboards9.797 Ratings7.6156 Ratings
    Color-coded scorecards9.892 Ratings5.3114 Ratings
    KPIs9.895 Ratings5.9124 Ratings
    Cost and profitability analysis9.893 Ratings5.8124 Ratings
    Key Performance Indicator setting9.894 Ratings6.099 Ratings
    Benchmarking with external data8.165 Ratings5.967 Ratings
    Integration
    Comparison of Integration features of IBM Planning Analytics and Prophix
    Feature
    IBM Planning Analytics
    9.8
    97 Ratings
    Prophix
    8.5
    189 Ratings
    Flat file integration9.894 Ratings9.0152 Ratings
    Excel data integration9.895 Ratings8.7166 Ratings
    Direct links to 3rd-party data sources9.886 Ratings7.8144 Ratings
    User Ratings
    IBM Planning AnalyticsProphix
    Likelihood to Recommend
    8.9
    (108 ratings)
    8.0
    (220 ratings)
    Likelihood to Renew
    9.1
    (5 ratings)
    10.0
    (16 ratings)
    Usability
    9.7
    (73 ratings)
    8.1
    (44 ratings)
    Availability
    -
    (0 ratings)
    10.0
    (29 ratings)
    Performance
    -
    (0 ratings)
    9.9
    (28 ratings)
    Support Rating
    9.7
    (97 ratings)
    8.2
    (121 ratings)
    In-Person Training
    -
    (0 ratings)
    10.0
    (11 ratings)
    Online Training
    -
    (0 ratings)
    10.0
    (13 ratings)
    Implementation Rating
    -
    (0 ratings)
    9.0
    (19 ratings)
    Configurability
    -
    (0 ratings)
    9.0
    (11 ratings)
    Data Sharing and Collaboration
    9.0
    (3 ratings)
    -
    (0 ratings)
    Data Sources
    9.0
    (3 ratings)
    -
    (0 ratings)
    Ease of integration
    -
    (0 ratings)
    8.6
    (29 ratings)
    Product Scalability
    9.1
    (1 ratings)
    10.0
    (26 ratings)
    Vendor post-sale
    -
    (0 ratings)
    8.5
    (23 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    7.5
    (21 ratings)