As the world moves towards more data-driven decision-making, businesses are increasingly looking for effective planning and budgeting solutions. IBM Planning Analytics is the go-to for businesses looking for a comprehensive set of tools to help them manage their budgeting and planning process.
With Planning Analytics, businesses can access powerful analytics to make more informed decisions, leverage advanced features to create complex models, and gain better insights into their financial data.
IBM is constantly improving the functionalities and features of the IBM Planning Analytics components. This includes Planning Analytics Workspace (PAW), Planning Analytics for Excel (PAfX), and Planning Analytics with Watson. With these updates, businesses can take advantage of new features to help them manage their budgeting and planning process more effectively.
In the last 12 months, IBM has released several updates to its Planning Analytics components.
In PAW, users can now access advanced analytics such as forecast simulations, predictive models, and scenario analysis. They can also perform in-depth analysis on their data with the new Visual Explorer feature. In addition, users can now access a library of planning and budgeting models, which can be customized to fit the needs of their organization. (download PDF file to get the full details)
In PAfX, users can now access advanced features such as SmartViews and SmartCharts. SmartViews allows users to visualize their data in various ways, while SmartCharts allows users to create interactive charts and graphs. Users can also take advantage of the new custom formatting options to make their reports look more professional.
Finally, with Planning Analytics with Watson, users can access powerful AI-driven insights. This includes AI-driven forecasting, which allows users to create more accurate forecasts. In addition, Watson can provide insights into the drivers of their business, allowing users to make more informed decisions.
Overall, IBM’s updates to the Planning Analytics components provide businesses with powerful tools to help them manage their budgeting and planning process. With these updates, businesses can take advantage of the latest features to quickly access data-driven insights, create more accurate forecasts, and gain better insights into their financial data.
Download the PDF file below to get the full version of each IBM Planning Analytics components.