TrustRadius

IBM Planning Analytics vs. Trezy

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Trezy
Score 0.0 out of 10
N/A
Trezy is presented as a comprehensive cash management software that equips businesses with real-time financial insights and tools for effective decision-making. Key Features: Real-Time Financial Dashboards: Up-to-the-minute financial data displayed with dynamic dashboards. This can be used to manage a company's cash position, track revenue, and stay informed about its costs and margins over any period. Automated Cash Flow Forecasting: Forecasting tools to predict…N/A
Pricing
IBM Planning AnalyticsTrezy
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 AnalyticsTrezy
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details——
More Pricing Information
Community Pulse
IBM Planning AnalyticsTrezy
Considered Both Products
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 …
Trezy

No answer on this topic

Features
IBM Planning AnalyticsTrezy
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
IBM Planning Analytics
9.8
Ratings
25% above category average
Trezy
-
Ratings
Pixel Perfect reports9.80 Ratings00 Ratings
Customizable dashboards9.70 Ratings00 Ratings
Report Formatting Templates9.70 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
IBM Planning Analytics
9.7
Ratings
17% above category average
Trezy
-
Ratings
Drill-down analysis9.80 Ratings00 Ratings
Formatting capabilities9.70 Ratings00 Ratings
Integration with R or other statistical packages9.80 Ratings00 Ratings
Report sharing and collaboration9.70 Ratings00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
IBM Planning Analytics
9.5
Ratings
14% above category average
Trezy
-
Ratings
Publish to Web9.90 Ratings00 Ratings
Publish to PDF9.90 Ratings00 Ratings
Report Versioning9.90 Ratings00 Ratings
Report Delivery Scheduling8.40 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
IBM Planning Analytics
9.3
Ratings
20% above category average
Trezy
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)9.80 Ratings00 Ratings
Location Analytics / Geographic Visualization9.80 Ratings00 Ratings
Predictive Analytics9.80 Ratings00 Ratings
Pattern Recognition and Data Mining7.80 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
IBM Planning Analytics
9.5
Ratings
9% above category average
Trezy
-
Ratings
Multi-User Support (named login)9.80 Ratings00 Ratings
Role-Based Security Model9.80 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.80 Ratings00 Ratings
Report-Level Access Control8.40 Ratings00 Ratings
Single Sign-On (SSO)9.80 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
IBM Planning Analytics
7.6
Ratings
3% below category average
Trezy
-
Ratings
Responsive Design for Web Access6.10 Ratings00 Ratings
Mobile Application8.00 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile7.80 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
IBM Planning Analytics
9.8
Ratings
17% above category average
Trezy
-
Ratings
Long-term financial planning9.80 Ratings00 Ratings
Financial budgeting9.80 Ratings00 Ratings
Forecasting9.80 Ratings00 Ratings
Scenario modeling9.70 Ratings00 Ratings
Management reporting9.70 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
IBM Planning Analytics
9.8
Ratings
21% above category average
Trezy
-
Ratings
Financial data consolidation9.70 Ratings00 Ratings
Journal entries and reports9.80 Ratings00 Ratings
Multi-currency management9.80 Ratings00 Ratings
Intercompany Eliminations9.80 Ratings00 Ratings
Minority Ownership9.80 Ratings00 Ratings
Local and consolidated reporting9.80 Ratings00 Ratings
Detailed Audit Trails9.70 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
IBM Planning Analytics
9.4
Ratings
15% above category average
Trezy
-
Ratings
Financial Statement Reporting9.80 Ratings00 Ratings
Management Reporting9.80 Ratings00 Ratings
Excel-based Reporting9.80 Ratings00 Ratings
Automated board and financial reporting9.70 Ratings00 Ratings
XBRL support for regulatory filing8.10 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
IBM Planning Analytics
9.5
Ratings
17% above category average
Trezy
-
Ratings
Personalized dashboards9.70 Ratings00 Ratings
Color-coded scorecards9.80 Ratings00 Ratings
KPIs9.80 Ratings00 Ratings
Cost and profitability analysis9.80 Ratings00 Ratings
Key Performance Indicator setting9.80 Ratings00 Ratings
Benchmarking with external data8.10 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
IBM Planning Analytics
9.8
Ratings
16% above category average
Trezy
-
Ratings
Flat file integration9.80 Ratings00 Ratings
Excel data integration9.80 Ratings00 Ratings
Direct links to 3rd-party data sources9.80 Ratings00 Ratings
Best Alternatives
IBM Planning AnalyticsTrezy
Small Businesses

No answers on this topic

MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
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
IBM Planning AnalyticsTrezy
Likelihood to Recommend
8.9
(0 ratings)
-
(0 ratings)
Likelihood to Renew
9.1
(0 ratings)
-
(0 ratings)
Usability
9.7
(0 ratings)
-
(0 ratings)
Support Rating
9.7
(0 ratings)
-
(0 ratings)
Product Scalability
9.1
(0 ratings)
-
(0 ratings)
User Testimonials
IBM Planning AnalyticsTrezy
Likelihood to Recommend
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
No answers on this topic
Pros
  • 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
No answers on this topic
Cons
  • 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
No answers on this topic
Likelihood to Renew
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
No answers on this topic
Usability
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
No answers on this topic
Support Rating
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
No answers on this topic
Alternatives Considered
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
No answers on this topic
Return on Investment
  • 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
No answers on this topic
ScreenShots

IBM Planning Analytics Screenshots

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

Trezy Screenshots

Screenshot of Real-Time Financial Dashboards: These dynamic dashboards are used to manage a company's cash position, track revenue, and stay informed about its costs and margins over any period.Screenshot of Automated Cash Flow Forecasting: Smart forecasting tools to predict a business's future cash flows, and to build scenarios with Trezy's automated forecasts based on historical data.Screenshot of Bank Balance Consolidation: A display of bank account balances in one place without the need to switch between different banking apps.Screenshot of Zero Manual Entry: A bank account connected to Trezy gains automatic transaction categorization and supplier/customer name recognition.