IBM Planning Analytics (TM1)
IBM Planning Analytics (TM1) in numbers.
What is IBM Planning Analytics (TM1)?
IBM Planning Analytics is perfectly integrated with popular top-shelf ERP tools, such as SAP, Oracle, Microsoft Dynamics, and JDE. IBM PA has two interfaces for managing the numerical data import and export process:
IBM Planning Analytics Workspace(standard online interface)
IBM Planning Analytics for Microsoft Excel(classic spreadsheet interface)
Both interfaces can be used simultaneously and freely switched between them, and they cooperate with ERP systems operating on one database.Each interface is based on the IBM TMI1 mechanism
, which operates on internal memory (in real-time). It is a stable computational mechanism
, that allows you to build detailed and multidimensional models for data analysis.
IBM Planning Analytics, a powerful, multi-level database, and an extremely efficient computing engine, will cope with growing amounts of data and complex business scenarios. IBM PA allows you to develop a comprehensive picture of your organization's performance
. With its help, you can create reliable financial analysis - regardless of the origin of the business data (ERP, CRM, etc.).
Benefits of IBM Planning Analytics technology
Functionalities of IBM Planning Analyticstechnology
- Integrity with other tools
Built with advanced TM1 technology and cell-centric, the database integrates natively with Microsoft Excel.
- Streamlined budgeting
The tool enables the analysis of alternative planning scenarios, reduces the sending of Excel files, and combines budgets from all areas of your company (mainly: HR, Finance, Sales, and Operations). Built-in AI allows for full analysis of budgeting strategies.
- Multiple implementations
Application can be deployed in various ways: locally, in the cloud, and as a service available on the AWS platform. Keep your data safe – regardless of how it is stored.
- Solving business problems
IBM Planning Analytics – together with the help of reliable AI – will enable the completion of important, repeatable activities, including control of material costs (for multi-stage products), financial and management consolidation, and profiling of banking services.
- IBM Planning Analytics Workspace (PAW)
IBM Planning Analytics Workspace provides comprehensive data visualization capabilities with advanced planning and forecasting capabilities.
- Planning Analytics for Excel (PAfE)
You have all the features of the popular spreadsheet but with additional capabilities and control. Each correction can be applied in real-time and is publicly available. This service was once called PAX.
- TM1 computing engine
The multi-dimensional computing engine enables the analysis of huge amounts of data in real-time. Conveniently and seamlessly create complex models, budgets, and forecasts based on multiple sources of information.
- Reliable forecasts and calculations
Use helpful what-if scenarios and create effective forecasts. The tool allows you to make automatic calculations, e.g. based on plans from all sales products.
- Efficient and error-free budget control
Measure and monitor performance and the degree of budget implementation. Report the financial results of companies and include them in the verification of internal (intercompany) settlements. Control extensive payment and lending models with cash flow.
Who will benefit from IBM PA?
- Finance teams and chief financial officers ( CFO )
No need to plan manually anymore – with simplified, integrated financial planning and analysis. Achieve the necessary compromise between profit and loss statements, balance sheets, and cash flow.
- Supply chain management specialists
Advanced hierarchy analysis and unlimited what-if scenario analysis in the test environment connect to supply chain processes. Anticipate changes faster - thanks to this, market turbulence will turn into new opportunities.
- Teams focused on sustainable development
Use IBM Planning Analytics to plan, simulate, and optimize sustainability at any level of detail – even to calculate your product carbon footprint (PCF).
- Regional sales managers
Track and analyze sales rep performance and sales opportunity data in real-time. Harness the power of AI to optimize effective sales processes, increase productivity, and achieve planned revenue goals. Automate resource allocation and territory planning to gain a competitive advantage and increase market share.
- HR teams
Automate and improve human resources management processes – including employee employment, remuneration, and bonuses - all on one platform. Create precise employee plans and forecasts, powered by AI, caused by unique situations, e.g. changes in staffing, salaries, attrition rates, or retention.
- IT specialists and CIO
Support your business strategy and make better IT decisions. Ensure that the IT department is aligned with the organization's goals - you will achieve this thanks to real-time insight into, among others: allocation and data on resource use and expenditure.
A tool that will help your company spread its wings
IBM Planning Analytics provides unlimited access to data from multiple sources. The built-in computing engine (TM1) is also a database that quickly handles large sets of information and provides real-time insight into it. Multidimensional analyses are possible! With IBM Planning Analytics (TM1), you'll overcome the limitations of manual budgeting and finally create consistent plans for your entire organization.
As Incube CPM, we will implement an intelligent solution in your company that will help you quickly adapt to any situation and prepare for the unpredictable. Our users value this platform for its flexibility and speed. You no longer need specialized knowledge or skills to perform in-depth analysis and increase the accuracy of your plans.
Case studies – what has been achieved?
Mawgif increased operational efficiency by 10% by optimizing revenue and efficiency. This was achieved through real-time data analysis and management.
The Argentine government commissioned ICBC Argentina to shorten the time of stress tests ( TWS, stress test). With IBM Planning Analytics, the time was reduced from four weeks to two weeks. This means a time saving of 50%.
Novolex – by constantly adapting and implementing the tool – shortened the six-week forecasting process to less than a week. This represents a reduction of 83%, despite various changes.
IBM Planning Analytics (TM1) is not only
a planning and budgeting platform but also solutions: