IBM Planning Analytics vs Manager

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Our analysts compared IBM Planning Analytics vs Manager based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

IBM Planning Analytics Software Tool

Product Basics

IBM Planning Analytics is a multidimensional in-memory database for analytics and planning. Part of the IBM Analytics Suite and powered by TM1, it provides forecasting, budgeting and reporting at an enterprise scale through data compression. With all data connected to a central hub, it enables collaborative planning with workflow approvals and review protocols in place. Enterprises perform OLAP analysis faster through in-memory technology.

Integrating with Microsoft Excel, it gives businesses the ease and familiarity of working with spreadsheets with the power of an enterprise database. With automated time-series modeling, it enables self-service predictive analysis. The vendor offers a 30-day free trial.
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Manager, a cloud-based accounting software, streamlines financial tasks for small and medium-sized businesses. Its intuitive interface simplifies bookkeeping, from recording transactions and managing accounts payable/receivable to generating reports and filing taxes. Geared towards entrepreneurs and accountants, Manager empowers users with control and flexibility. Key benefits include automated data entry, real-time financial insights, and robust inventory management. Popular features like bank reconciliation and custom reports enhance efficiency and decision-making. Compared to similar products, Manager boasts user-friendliness, affordability (starting at around $15 per month per user), and a supportive online community. While it may lack advanced features of enterprise-level software, Manager excels as a user-centric accounting solution for growing businesses.

Pros:
  • Easy to use
  • Affordable
  • Real-time insights
  • Mobile access
  • Active community
Cons:
  • Limited reports
  • No payroll integration
  • Basic inventory management
  • Learning curve for taxes
  • Limited customer support
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$825 Monthly
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Tailored to your specific needs
$15/User, Monthly, Freemium
Free Trial is unavailable →
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Tailored to your specific needs
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Product Assistance

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Documentation
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Videos
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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Maximize ROI: Save time for analysis of trends, business performance and results by creating project plans faster. Reallocate budget and resources by leveraging deep insights into business performance and market trends. Collaborate with others on a single, unified platform with total transparency and visibility into business data, available for all plans. 
  • Boost Sales: Win more business opportunities – boost annual sales quotas and deal sizes through end-to-end sales workflows. Grow revenue and reduce time to insight with robust sales analytics. Track campaigns for performance monitoring in real time and deep dive into data for buying behavior and customer churn analysis. 
  • Financial Planning and Analysis: Optimize the business’ performance through valuable financial insights. Ensure the business is on track by creating and managing plans, budgets and forecasts. Simplifies the budgeting process through real-time calculations with automatic application of business rules. 
  • Optimize Supply Chain: Create more accurate demand forecasts, get a clearer view of the resources and budget required to fulfill projected demand and update production plans accordingly. View historical data and drill down into summaries for deep-dive analysis and add visuals to spot key KPI trends. 
  • Workforce Planning: Increase the workforce’s efficiency by acquiring and retaining skilled employees at the right time. Effectively manage staff schedules, task assignment and performance tracking through workforce analytics and HR planning tools. 
  • Deploy Anywhere: Access the same data from everywhere with the flexibility to deploy on-premise, in the cloud or as a combination of both. 
  • Scalable: Build and change plans flexibly in real time to match business requirements. Scales with increasing data volumes, number of users and planning models, without impacting existing workflows and performance. 
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  • Effortless Bookkeeping: Streamline daily tasks with intuitive data entry, automated calculations, and pre-defined accounts, freeing up time for strategic planning and growth.
  • Financial Clarity at Your Fingertips: Gain instant insights into your business performance with real-time reports and dashboards, allowing you to make informed decisions based on accurate data.
  • Enhanced Efficiency and Productivity: Automate repetitive tasks like invoicing, bank reconciliation, and expense tracking, boosting team productivity and minimizing errors.
  • Scalability for Growth: Manage your finances with ease as your business expands, accommodating multiple users, currencies, and locations with flexible configurations.
  • Cost-Effective Solution: Access powerful accounting tools at an affordable price point, making Manager a budget-friendly option for small and medium-sized businesses.
  • Control and Customization: Tailor the software to your specific needs with customizable accounts, reports, and workflows, ensuring your financial data is organized and accessible.
  • Mobile Access on the Go: Manage your finances from anywhere with secure mobile access, allowing you to review reports, approve invoices, and stay connected on the move.
  • Collaborative Environment: Share financial data and collaborate with colleagues in real-time, enhancing communication and transparency within your organization.
  • Secure and Reliable: Protect your financial information with industry-standard security measures and cloud-based data storage, ensuring peace of mind and data integrity.
  • Supportive Community: Leverage the knowledge and expertise of a thriving online community, finding answers, tips, and support from fellow Manager users.
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  • Architecture: Leverage a three-tier client-server architecture that includes a database, application server and front end, with data stored centrally in the OLAP server. 
    • TM1: Employs an efficient data compression algorithm to enable faster planning and analytics. Create business models by combining multiple data sources with manual input for effective decision-making. 
  • Workspace: Create and access all plans and forecasts through its web-based interface. Grant role-based access to team members down to cell-level granularity. Collaborate on plans through chats and cell comments in the workspace. 
    • Data Visualizations: Choose from a rich library of visualizations to apply that includes bullet charts, waterfall charts, treemaps, word clouds and more. Input data intuitively to specific slots through drag-and-drop actions, and customize fonts and styles for personalized branding. 
    • Books and Views: Access related data in the form of web sheets, scorecards, videos and embedded web pages from a single interface. Leverage defined selections of a data cube — views — for analysis and data exploration, and export as an Excel worksheet. 
  • Performance Tracking: Compare targets with actual results, and with actual performance over time. Quickly find the desired metrics and create visually compelling scorecards such as impact diagrams, strategy maps and custom diagrams. Add existing scorecards to books and analyze data over different periods, metrics and dimensions. 
  • Data Modeling: Autonomously build a financial model by converting business requirements into cubes, dimensions, hierarchies and calculations. Transform and load data easily into a financial model, without the need to code. 
  • Sandbox Environments: Work in a sandbox to manipulate data as needed in real time without impacting actual data. Compare different scenarios and test assumptions to see the impact of potential decisions. 
  • Microsoft Excel Integration: Go beyond what spreadsheets can do – perform multi-dimensional analysis and big data exploration within the Excel interface, retaining its full functionality and formatting. Find answers to business questions by creating reports from Cognos TM1 through interactive drag-and-drop actions. 
  • AI-Based Automation: Speed up planning cycles and get more reliable results. Create plans, forecasts and budgets through automated model creation, natural language processing and cognitive analytics. 
  • On-Demand Module: Generate dynamic dashboards from existing Excel spreadsheets through autonomous data exploration. Move from annual planning to rolling forecasts based on real-time information by identifying variances in plans caused by external data. 
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  • Remittance Advice: Simplify the record-keeping process by informing suppliers or vendors of completed payment including, the purpose, type, invoice number and invoice date. 
  • Fixed Asset Management: Store all asset-related data and make it easy to find the specific data in a hurry. Simplify the audit and reporting process with centralized asset information. 
  • Bank Reconciliation: Prevent theft, keep mistakes at bay and identify accounting errors with bank reconciliations. Know which cash transactions cleared and which are outstanding. Check the validity of bank charges from the by account. Identify the fraudulent use of money, prevent additional charges and give the bank the time to restore the account in case of theft. 
  • Recurring Billing: Minimize the possibility of missed payments or plate payments with recurring billing. Bring greater stability to the business with revenue predictability. Ensure customer data is compliant to PCI standards. Boost flexibility, increase customer retention by making it easy for subscribers to change plans. 
  • Multi-Currency: Spend less time making accounting adjustments due to exchange rate differences. Keep money in multiple currencies in one account. Manage foreign exchanges with reduced transaction cost with convenience and simplicity. 
  • Profit And Loss Statements: Track expenses, profit and loss, revenue with detailed profit and loss statements. Present data in a digestible format and easily sort through stored data. 
  • Cash Management: Minimize excessive spending and use income efficiently. Keep a tab on how revenue is used, manage cash collections and plan expenditures. 
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Product Ranking

#335

among all
Accounting Software

#322

among all
Accounting Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Manager
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Accounts Payable Accounts Receivable Banking And Cash Management Budget And Expense Management Financial Statements And Revenue Management General Ledger And Chart Of Accounts Integration And Extensibility Inventory Management Journal Entries Mobile Support Multi-company Accounting And Asset Management Platform Capabilities Project Accounting Reporting And Analytics Tax Management 93 97 94 69 86 71 15 73 73 20 60 100 54 62 100 0 25 50 75 100
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User Sentiment Summary

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Excellent User Sentiment 81 reviews
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94%
of users recommend this product

Manager has a 'excellent' User Satisfaction Rating of 94% when considering 81 user reviews from 2 recognized software review sites.

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4.1 (12)
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4.8 (69)

Awards

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SelectHub research analysts have evaluated Manager and concluded it earns best-in-class honors for Platform Capabilities. Manager stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Platform Capabilities Award

Synopsis of User Ratings and Reviews

Flexible Modeling: Users praise the software's ability to handle complex planning scenarios with ease, such as building detailed driver-based models for budgeting and forecasting.
Improved Collaboration: The platform facilitates better communication and data sharing among teams, streamlining the budgeting and forecasting process.
Powerful Reporting and Analytics: Users appreciate the robust reporting features, allowing them to generate insightful reports and dashboards for data visualization and analysis.
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Completely Free: Offers a fully-featured desktop version with no limitations, costs, or ads.
User-Friendly Interface: Intuitive design makes it easy to navigate and manage finances, even for those without accounting experience.
Flexible Chart of Accounts: Customize account structure to match specific business needs, ensuring accurate tracking and reporting.
Comprehensive Reports: Generate a wide range of financial reports, including profit and loss statements, balance sheets, cash flow statements, and more, providing valuable insights.
Offline Functionality: Access and work on accounts even without internet connectivity, ensuring productivity regardless of location.
Cross-Platform Compatibility: Works seamlessly on Windows, macOS, and Linux, providing flexibility for different operating systems.
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Steep Learning Curve: Users have reported that IBM Planning Analytics can be difficult to learn, especially for those without prior experience with similar tools. Its interface and terminology can feel overwhelming initially.
Limited Reporting Capabilities: Some users have expressed frustration with the reporting functionality within Planning Analytics, finding it less intuitive and flexible compared to dedicated reporting tools. They desire more advanced formatting and customization options for presenting financial data.
Performance Issues: Users have occasionally encountered performance issues, particularly when dealing with large datasets or complex calculations. This can slow down budgeting and forecasting processes, impacting overall productivity.
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Limited Customization Options: Some users find certain features or reports cannot be tailored as extensively as desired, potentially hindering specific workflows.
No Dedicated Mobile App: Lacks a native mobile app, limiting on-the-go access and requiring web browser usage for cloud-based access, which may not be ideal for all users.
Basic Payroll Features: Handles essential payroll tasks but may not suffice for businesses with complex tax regulations or extensive payroll needs, potentially requiring integration with other software.
Potential Feature Lag: Some users report a delay in the implementation of highly requested features, which could impact those seeking the latest functionalities.
Cloud Version Cost: While the desktop version is free, the cloud-based version incurs a subscription fee, which may deter those seeking entirely free cloud-based accounting solutions.
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User reviews from the past year suggest IBM Planning Analytics is a powerful tool for businesses seeking to streamline their financial planning and analysis processes. Users praise its robust features, particularly its budgeting, forecasting, and reporting capabilities. One standout feature is its ability to handle complex "what-if" scenarios, allowing businesses to model different outcomes based on various factors, which is crucial for making informed decisions in a volatile market. However, users also point out some drawbacks. The learning curve can be steep, especially for those unfamiliar with similar software. Some users find the interface less intuitive than competitors like Anaplan or Cube, and the pricing can be a significant investment for smaller businesses. Despite these weaknesses, users generally agree that IBM Planning Analytics offers a comprehensive solution for businesses needing advanced planning and analysis capabilities. Its ability to integrate with other IBM products and handle large datasets makes it particularly well-suited for larger enterprises with complex financial operations.

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Manager's user reviews in the past year paint a contrasting picture. Fans adore its free, full-featured desktop version, praising its "intuitive design" and "flexible chart of accounts" that cater to specific business needs. "Manager beats anything else free by a mile," exclaims one user, highlighting its "comprehensive reports" and "offline functionality" as major wins over cloud-based competitors. Another reviewer applauds its "cross-platform compatibility," appreciating seamless usage across Windows, macOS, and Linux.** However, some users yearn for more in-depth customization. "Limited options for tweaking reports" and "basic payroll features" leave them wanting, especially compared to paid software like QuickBooks. The lack of a native mobile app also disrupts their workflow, making on-the-go access cumbersome. And while the cloud version offers more features, its subscription fee stings some users who enjoyed the desktop's "completely free" model. Ultimately, Manager seems to shine for solopreneurs and small businesses seeking a functional, free accounting solution. Its strengths lie in user-friendliness, flexibility, and offline accessibility. However, those with complex needs or seeking advanced features might find its limitations outweigh its free price tag.

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