In our comparison of IBM Planning Analytics vs. Necto, Necto 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.
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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.
Attractive graphs, Intuitive use, KPI's notifications, fulfilling the BI and reporting needs, smart visualization, ability to connect with other platforms, cloud-based, user-friendly interface, discussions, annotations, self-service mode, dynamic infographics, subscribing and searching.
Too many but more liked by me are Infographics, Multiple database connections,
Security and reporting.
Analyzing big data, forecasting analysis, limited customized reporting, all these are the problems faced by the users.
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.
The things you can do with it are too many such as you can import data and can communicate to your clients, can connect it to different databases, can make attractive dashboards and analyze data.
Attractive interface, powerful engine, and cost effective.
Too many features confuse the user. Personal edition for installation is needed.
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.
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.
Attractive graphs, Intuitive use, KPI's notifications, fulfilling the BI and reporting needs, smart visualization, ability to connect with other platforms, cloud-based, user-friendly interface, discussions, annotations, self-service mode, dynamic infographics, subscribing and searching.
Too many but more liked by me are Infographics, Multiple database connections,
Security and reporting.
Analyzing big data, forecasting analysis, limited customized reporting, all these are the problems faced by the users.
The things you can do with it are too many such as you can import data and can communicate to your clients, can connect it to different databases, can make attractive dashboards and analyze data.
Attractive interface, powerful engine, and cost effective.
Too many features confuse the user. Personal edition for installation is needed.
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In our rating and review comparison of IBM Planning Analytics vs. Necto, Necto has 22 user reviews and IBM Planning Analytics has 31. The average star rating for Necto is 4.45 while IBM Planning Analytics has an average rating of 4.35. Necto has more positive reviews than IBM Planning Analytics. Comparing IBM Planning Analytics vs. Necto reviews, Necto has stronger overall reviews.
IBM Planning Analytics vs. Necto both offer a strong set of features and functionality including Data Management, Data Migration, Report Management, Reporting & Analytics, Drag-and-Drop Builders/Designers, Customizable Items, Reminders/Alerts, File Management, Systems/Administrative, Identity and Access Management (IAM), Cybersecurity Features, Disaster Recovery, Integration Options, Compliance Accreditations, After-Sales Service, Supported Technologies. In our feature comparison of IBM Planning Analytics vs. Necto, Necto offers more of the most popular features and tools than IBM Planning Analytics.
In our pricing comparison of IBM Planning Analytics vs. Necto, Necto's pricing starts at N/A/month and is more affordable compared to Necto's starting cost of N/A/month.
Our comparison of IBM Planning Analytics vs. Necto shows that Necto scores higher in usability for learning curve, setup & support, quality of support, ease of admin. IBM Planning Analytics scores higher in ease of use, meets requirements, but Necto has the best scores overall for system usability.
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