IBM Planning Analytics integrates with Excel, providing advanced capabilities for budgeting and planning. It enables real-time updates, scenario modeling, and quick adjustments based on changing business conditions.
The platform synchronizes financial statements—income, balance sheets, and cash flow—while using AI-driven forecasts and data visualizations to improve accuracy.
Get rid of the need for creating, sending, and consolidating manual spreadsheets. IBM Planning Analytics automates budget consolidation and real-time updates. Run multiple "what-if" scenarios and assess their impact immediately. Easily manage and compare different versions of a plan, providing flexibility for decision-making, all without requiring IT intervention, in Excel or on the web.
Empower business users to create AI-driven forecasts without the need for a data scientist. Multi-variate forecasting incorporates external factors like inflation, interest rates, and weather. This improves forecast accuracy, supports more frequent updates, and eliminates personal bias for better decision-making with less effort.
Create custom reports, scorecards, and metrics in real-time. All financial data is consolidated in a secure platform, ensuring accurate tracking and instant updates. The same data is available in both web and Excel views for flexibility without compromising on consistency. Dashboards provide clear insights for informed decision-making across teams.
Use the TM1 engine for fast, real-time financial modeling. Scale to handle complex, high-volume data while ensuring strict governance and control in integrated business planning.
Enable unlimited what-if scenarios without technical skills. These forecasts update financial models and metrics, incorporating multiple internal and external variables for improved accuracy.
Access and update data, or create reports through both Excel and web interfaces. Benefit from real-time integration, advanced analytics, and write-back functionality.
Frequently asked questions
IBM Planning Analytics' scalable framework consolidates data from regional and brand-specific models into one unified corporate view for compliance, control, and consistency.
IBM Planning Analytics allows for flexible methods and real-time calculations. Users define cost drivers, select allocation methods, and simulate scenarios in a controlled environment for accurate financial reports and better decision-making.
The engine, a multidimensional database with a cell-oriented layout similar to spreadsheets, is at the heart of IBM Planning Analytics. Its cells are linked to the underlying database via your formulas. All of Excel's data visualization and analysis capabilities are available in a centralized platform.
IBM Planning Analytics automates data consolidation for efficient top-down and bottom-up planning. It supports multi-version planning and driver-based models with real-time calculations, and multiple languages for better global collaboration.