Board vs IBM Planning Analytics comparison

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Board International Logo
1,529 views|1,031 comparisons
94% willing to recommend
IBM Logo
2,241 views|1,327 comparisons
94% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Board and IBM Planning Analytics based on real PeerSpot user reviews.

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed Board vs. IBM Planning Analytics Report (Updated: May 2024).
772,649 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The dynamic selections on the screen and details by function are also valuable for inside the data view.""We have better reporting and have been able to better track performance.""I liked the way that I felt as a user and administrator of it. There were a lot of clicks, drops, drags, etc. versus writing code.""The aesthetics of it are really nice. That is what attracted us to BOARD: the ease and functionality of it.""​Our data is now more structured. Between our data warehouse and BOARD, which are both brand new, we now have a more structured data view with more accurate, timely data.""It is easy to make quick updates. As the business changes, we can maintain the tool without programming help from IT.""It is very easy to use. It has got what they call a toolkit, which is a no-code development environment. You can develop a whole solution with it because it is a complete platform. There is a lot of online material that can be used as a reference. You can help yourself while developing a solution. There are some prebuilt applications in the platform environment. You can very easily customize and integrate these applications. It also has flexible scaling of machine resources, which is really great.""By using Board we can do a lot of free analysis. We can change the layout of a table and even the end-user can change the layout of a table. And in Board 11.2 you can save the layout. That's very useful for the customer, it's a very good function."

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"Navigating through the data to make analysis is really quick.""It's a very stable, robust product.""All the different platforms are well integrated.""The tool is flexible.""IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast.""The flexibility of IBM Planning Analytics is a great feature of this solution. The design flexibility with data rules and defining calculations The ability to combine online and offline calculations are a benefit. Additionally, the forecasting features and predictive analytics is very good.""Planning Analytics' best features include automatic updates and slicing.""The most valuable feature is that it is able to slice and dice the data."

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Cons
"I would like an eLearning platform for BOARD.""The engine of the Board should be made powerful like the engine of IBM planning which is more powerful in terms of performance. The consolidated finance area also needs improvement.""​My analysts have used the technical support. Sometimes they have felt like they did not receive the answer that they needed, or you have to go and upgrade in order to address a problem. ​""It would be nice to have more connectors for other data sources. BOARD is a great tool to become the single source of the truth. Making it easier to connect data sources for niche software tools will make it easier to keep everything in one place.""I'd like to see a more passive report user for enterprise report writers that aren't particularly technical.""If we could upload other data, e.g., pivot tables which can be done in BOARD already, that we have pre-existing and have that data distribute to more complex spreadsheets​, I would like that going forward.""Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules.""I would like to see better relationships with the partners."

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"Planning Analytics could be improved by adding automation features.""It's wonky, and not super user-friendly with Excel.""The tool's transport layer could be improved when promoting development between environments.""It is a bit expensive, but it does the job.""Extracting data is a little slow.""It would have been better if the solution was not just a tool kit.""The tool should include features for prediction. It can also improve the scalability.""Adding predefined templates could be beneficial."

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Pricing and Cost Advice
  • "Find a partner who will take responsibility for the implementation, and be available for support."
  • "​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
  • "It is not the cheapest product on earth, but you get so much. It provides good value for money."
  • "The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
  • More Board Pricing and Cost Advice →

  • "Our licensing cost is approximately $50,000.00 per year."
  • "The license of this solution is paid annually. Most of my customers choose a license that includes support."
  • "It is a bit expensive, but you get what you are paying for."
  • "IBM Planning Analytics is not the cheapest solution, but it's priced per the market standard for this type of solution. I rate the price at seven out of ten."
  • "I would rate the tool's pricing a nine out of ten since it's expensive."
  • "IBM Planning Analytics is priced well, and licensing costs are yearly."
  • "Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
  • More IBM Planning Analytics Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and… more »
    Top Answer:All the reports are prepared automatically.
    Top Answer:Sometimes, the data disappears from the product. We have had a few such cases. When I added my comments to the data, it disappeared. A technical specialist tried to restore it. It was not convenient… more »
    Top Answer:The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.
    Top Answer:The cost of IBM Planning Analytics is not cheap, considering the amount of money involved. However, it offers good ROI for customers.
    Top Answer:To improve IBM Planning Analytics, adding predefined templates could be beneficial. These templates could cover various business areas like volume planning, service levels, and more. Specific… more »
    Ranking
    Views
    1,529
    Comparisons
    1,031
    Reviews
    3
    Average Words per Review
    470
    Rating
    7.3
    Views
    2,241
    Comparisons
    1,327
    Reviews
    5
    Average Words per Review
    325
    Rating
    9.2
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    Learn More
    Overview

    BOARD International - headquartered in Switzerland - is a leading global provider of software for improving business results through better decision making. By unifying Business Intelligence and Corporate Performance Management into a single product, BOARD enables companies to achieve a shared vision of their performance across the entire organization, and thus a single version of the truth.

    BOARD provides seamless solutions for • Reporting & Analysis • Budgeting, Planning & Forecasting • Profitability Modelling & Optimization • Simulation & What-if-Analysis • Scorecarding & Strategy Management • Financial Consolidation. Based on visual modelling, BOARD has enabled global companies to deploy BI and CPM applications without a single line of code in a fraction of the time and cost associated with traditional solutions.

    IBM Planning Analytics is an integrated planning solution that uses AI to automate planning, budgeting, and forecasting and drive more intelligent workflows.

    Built on TM1, IBM’s powerful calculation engine, this enterprise performance management tool allows you to transcend the limits of manual planning and become the Analytics Hero your business needs. Quickly and easily drive faster, more accurate plans for FP&A, sales, supply chain and beyond.

    Sample Customers
    Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
    ManpowerGroup, Convergys, AIG, Orchard Brands, Citibank, InterGen, Northwestern University, EF Education First, Ironside, Bazan Group, CSOB Insurance, Macquarie Group, Charles Stanley, SATO, Government of Sint Maarten, BMW Financial Services
    Top Industries
    REVIEWERS
    Government20%
    Healthcare Company20%
    Hospitality Company10%
    Pharma/Biotech Company5%
    VISITORS READING REVIEWS
    Computer Software Company13%
    Financial Services Firm10%
    Manufacturing Company8%
    Wholesaler/Distributor7%
    REVIEWERS
    Computer Software Company25%
    Non Tech Company13%
    Real Estate/Law Firm13%
    Leisure / Travel Company13%
    VISITORS READING REVIEWS
    Educational Organization43%
    Financial Services Firm11%
    Computer Software Company7%
    Manufacturing Company5%
    Company Size
    REVIEWERS
    Small Business37%
    Midsize Enterprise40%
    Large Enterprise23%
    VISITORS READING REVIEWS
    Small Business23%
    Midsize Enterprise17%
    Large Enterprise60%
    REVIEWERS
    Small Business58%
    Midsize Enterprise17%
    Large Enterprise25%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise48%
    Large Enterprise42%
    Buyer's Guide
    Board vs. IBM Planning Analytics
    May 2024
    Find out what your peers are saying about Board vs. IBM Planning Analytics and other solutions. Updated: May 2024.
    772,649 professionals have used our research since 2012.

    Board is ranked 11th in Business Performance Management with 35 reviews while IBM Planning Analytics is ranked 5th in Business Performance Management with 22 reviews. Board is rated 8.6, while IBM Planning Analytics is rated 8.6. The top reviewer of Board writes "A stable solution with good user-experience, easy deployment but needs some improvement with engine ". On the other hand, the top reviewer of IBM Planning Analytics writes "Can easily create dashboards and helps businesses improve forecasting accuracy". Board is most compared with Anaplan, SAP Analytics Cloud, Oracle Hyperion, Microsoft Power BI and CCH Tagetik, whereas IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and OneStream XF. See our Board vs. IBM Planning Analytics report.

    See our list of best Business Performance Management vendors.

    We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.