IBM Planning Analytics vs. Margin Minder: Which is Best?

IBM Planning Analytics vs. Margin Minder: Which is Best?

IBM Planning Analytics vs. Margin Minder Best Overall: IBM Planning Analytics

In our comparison of IBM Planning Analytics vs. Margin Minder, IBM Planning Analytics is the best option with a higher overall Wheelhouse Score. Wheelhouse Score uses a combination of feature and pricing comparison data, average user ratings, and editorial reviews to score software vendors on a scale of 1-10.

Quick Info

IBM Planning Analytics Quick Info
WH Score:
8.7
Pricing Score:
7.8
Feature Score:
8.0
Usability Score:
8.0
Company Size:Mid Market, Large Market
Platforms:
Margin Minder Quick Info
WH Score:
8.3
Pricing Score:
8.4
Feature Score:
8.2
Usability Score:
7.8
Company Size:All Sizes
Platforms:

Pricing

IBM Planning Analytics Pricing

N/A

Margin Minder Pricing
Price Range
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* Vendor does not share prices.

Features

IBM Planning Analytics Features
  • Data Indexing
  • Data Classification
  • Data Discovery
  • Data Mapping
  • Data Refresh
  • Data Lookup
  • Data Blending
  • Data Drilling
  • Data Mining
  • Data Modeling
  • Data Storytelling
  • Data Validation
  • Data Deduplication
  • Data Merge
  • Data Feed
Margin Minder Features
  • Data Indexing
  • Data Classification
  • Data Discovery
  • Data Mapping
  • Data Refresh
  • Data Lookup
  • Data Blending
  • Data Drilling
  • Data Mining
  • Data Modeling
  • Data Storytelling
  • Data Validation
  • Data Deduplication
  • Data Merge
  • Data Feed

Pros & Cons

IBM Planning Analytics Pros & Cons
Pros
  • Real-time data consolidation: TM1 allows for real-time consolidation of data, enabling users to see the immediate impact of changes made to budget figures at different levels of the hierarchy
  • Calculations defined in TM1's rules language can be applied to related values, ensuring accurate and up-to-date results.
Cons
  • Limitations of Planning Analytics Workbench (PAW): The user mentions that PAW may not match the capabilities of Power BI when it comes to dashboarding
  • However, TM1's modeling and planning capabilities are considered superior to those of Power BI.
Margin Minder Pros & Cons
Pros
  • This has helped us address the challenge of isolating specific sectors for tracking key performance indicators (KPIs)
  • As a result, we have realized the benefit of more focused and targeted KPI tracking.
Cons
  • While functional, there is room for improvement in terms of visual representations such as pie charts or graphs.

Reviews

IBM Planning Analytics Reviews
Top Favorable Review
F
Freddie
Reviewed on Jul 2, 2021

Experience in building complex models: The user has successfully built complex models in TM1 for both management and statutory accounts. They have applied TM1 in diverse areas such as property valuations, ship building project costing, airline route profitability, currency conversion, activity-based costing, and public finance initiative scenario comparison.

Real-time data consolidation: TM1 allows for real-time consolidation of data, enabling users to see the immediate impact of changes made to budget figures at different levels of the hierarchy. Calculations defined in TM1's rules language can be applied to related values, ensuring accurate and up-to-date results.

Limitations of Planning Analytics Workbench (PAW): The user mentions that PAW may not match the capabilities of Power BI when it comes to dashboarding. However, TM1's modeling and planning capabilities are considered superior to those of Power BI.

Top Critical Review
F
Freddie
Reviewed on Jul 2, 2021

Experience in building complex models: The user has successfully built complex models in TM1 for both management and statutory accounts. They have applied TM1 in diverse areas such as property valuations, ship building project costing, airline route profitability, currency conversion, activity-based costing, and public finance initiative scenario comparison.

Real-time data consolidation: TM1 allows for real-time consolidation of data, enabling users to see the immediate impact of changes made to budget figures at different levels of the hierarchy. Calculations defined in TM1's rules language can be applied to related values, ensuring accurate and up-to-date results.

Limitations of Planning Analytics Workbench (PAW): The user mentions that PAW may not match the capabilities of Power BI when it comes to dashboarding. However, TM1's modeling and planning capabilities are considered superior to those of Power BI.

Margin Minder Reviews
Top Favorable Review
R
Ronald
Reviewed on Jul 2, 2021

The product has helped us address the challenge of isolating specific sectors for tracking key performance indicators (KPIs). As a result, we have realized the benefit of more focused and targeted KPI tracking.

This has helped us address the challenge of isolating specific sectors for tracking key performance indicators (KPIs). As a result, we have realized the benefit of more focused and targeted KPI tracking.

One area that could be improved is the user interface, although once I became familiar with it, it became manageable.

Top Critical Review
F
Floy
Reviewed on Jul 2, 2021

Margin Minder is the perfect tool for businesses with average sales looking to gain valuable insights.

Enables easy comparisons with prior sales data, including drop size and case fill rate.

While functional, there is room for improvement in terms of visual representations such as pie charts or graphs.

Alternatives

IBM Planning Analytics Alternatives
Margin Minder Alternatives
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IBM Planning Analytics vs. Margin Minder: Detailed Comparison

IBM Planning Analytics vs. Margin Minder Top Ratings & Reviews: IBM Planning Analytics

In our rating and review comparison of IBM Planning Analytics vs. Margin Minder, IBM Planning Analytics has 31 user reviews and Margin Minder has 8. The average star rating for IBM Planning Analytics is 4.35 while Margin Minder has an average rating of 3.87. IBM Planning Analytics has more positive reviews than Margin Minder. Comparing IBM Planning Analytics vs. Margin Minder reviews, IBM Planning Analytics has stronger overall reviews.

IBM Planning Analytics vs. Margin Minder Best Features & Functionality: Margin Minder

IBM Planning Analytics vs. Margin Minder both offer a strong set of features and functionality including Data Management, Data Migration, Reporting & Analytics, Customizable Items, Reminders/Alerts, File Management, Systems/Administrative, Identity and Access Management (IAM), Cybersecurity Features, Disaster Recovery, Integration Options, Third-Party Integrations, Compliance Accreditations, After-Sales Service, Supported Technologies. In our feature comparison of IBM Planning Analytics vs. Margin Minder, Margin Minder offers more of the most popular features and tools than IBM Planning Analytics.

IBM Planning Analytics vs. Margin Minder Best Pricing: Margin Minder

In our pricing comparison of IBM Planning Analytics vs. Margin Minder, Margin Minder's pricing starts at 0/month and is more affordable compared to Margin Minder's starting cost of 0/month.

IBM Planning Analytics vs. Margin Minder Best Usability: IBM Planning Analytics

Our comparison of IBM Planning Analytics vs. Margin Minder shows that IBM Planning Analytics scores higher in usability for ease of use, meets requirements, quality of support. Margin Minder scores higher in setup & support, ease of admin, but IBM Planning Analytics has the best scores overall for system usability.

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