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IBM Planning Analytics vs OneStream XF comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 19, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

IBM Planning Analytics
Ranking in Business Performance Management
6th
Average Rating
8.4
Reviews Sentiment
6.9
Number of Reviews
26
Ranking in other categories
No ranking in other categories
OneStream XF
Ranking in Business Performance Management
9th
Average Rating
9.4
Reviews Sentiment
5.9
Number of Reviews
5
Ranking in other categories
Financial Close Software (3rd)
 

Mindshare comparison

As of January 2026, in the Business Performance Management category, the mindshare of IBM Planning Analytics is 4.9%, down from 9.2% compared to the previous year. The mindshare of OneStream XF is 4.4%, up from 4.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Market Share Distribution
ProductMarket Share (%)
IBM Planning Analytics4.9%
OneStream XF4.4%
Other90.7%
Business Performance Management
 

Featured Reviews

Bhavna Aarna - PeerSpot reviewer
Senior Software Engineer at J.P Morgan
Planning has become faster and financial teams collaborate seamlessly on annual budgets
The planning efficiency with IBM Planning Analytics is very quick, and data processing can be done efficiently. I also appreciate that it is an AI-based tool for our business, which software mainly focuses on business planning and future forecasting. The best features of IBM Planning Analytics include that the software helps us in doing budget planning. Some of the valuable features of IBM Planning Analytics are its intuitive and user-friendly interface, reporting output and scheduling, access control and security, and mobile capabilities. IBM Planning Analytics has positively impacted my organization as we have noticed specific improvements since we started using it. We are able to forecast the budget for the entire year with significant time savings. All the complex data is easily processed, and with Excel add functionality, it is easier to have all the data in one place, which can be read by pivot or data visualization. The data protection protocols are well set up. Planning efficiency is very good as we can seamlessly plan and work on all budgets on time. By using IBM Planning Analytics, we have been able to automate manual processes, where we have saved time, especially through automating dashboards. It has also increased the activity of the planning team and provided us with ad hoc reporting capabilities.
Andy Jorgensen - PeerSpot reviewer
Chief Revenue Officer at MindStream Analytics
Customer satisfaction and data integration shine in multinational consolidations
The best features of OneStream XF are threefold. The first is Extensible Dimensionality, which allows for different levels of detail depending on the task. When budgeting for 2026, Extensible Dimensionality enables detailed breakdowns of supplies into specific items such as printer paper and magic markers. When actuals arrive, that level of detail isn't necessary. This flexibility in collecting and reporting data is a significant advantage. OneStream XF is advantageous because it provides one product that can do everything. Users do not have to purchase separate products for consolidation, planning, and reporting, which saves time and money in training and setup. OneStream XF shows a strong commitment to customer success. While 100% satisfaction is unrealistic, OneStream XF puts in substantial effort to ensure clients are successful, which contrasts sharply with experiences from companies such as SAP. OneStream XF's data integration capabilities with ERP and HCM systems are excellent, thanks to its history. The founders of OneStream XF were the creators of Upstream, which specialized in data integration. When they developed OneStream XF, they implemented that expertise, making it excel at data integration.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The ease of use is valuable. The fact that it's plugged into Excel spreadsheets is also valuable. It provides additional functionality where you can slice and dice the information in a way that you can't do with spreadsheets"
"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."
"Planning Analytics' best features include automatic updates and slicing."
"The tool is flexible."
"The flexibility of IBM Planning Analytics is a great feature of this solution. The design flexibility with data rules and defining calculations The ability to combine online and offline calculations are a benefit. Additionally, the forecasting features and predictive analytics is very good."
"Its stability helps controllers win time in their planning processes."
"The product's stability is good."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"OneStream XF's unified structure makes it easier for our financial consolidation and planning processes, though I would say we have a standardized way of using it and not that much forward-looking."
"It offers great ease of use. This impacts not only the end-user experience but also the administrator's, which affects the total cost of ownership."
"The product's most valuable feature is extensibility."
"We were with Oracle previously. With Oracle, you have to buy a different piece of software for every business process. If you want to do budgeting, that's a product. If you want to do consolidation, that's a product. If you want to do BI type of work, that's yet another product. So, you end up buying a lot of software from Oracle. With OneStream, it is a little different. It is a platform where you can do all those things, and you can do them with just one software purchase and then you just pay for users on it."
"OneStream XF is advantageous because it provides one product that can do everything; users do not have to purchase separate products for consolidation, planning, and reporting, which saves time and money in training and setup."
 

Cons

"Adding predefined templates could be beneficial."
"It would have been better if the solution was not just a tool kit."
"The workspace API should be improved and documented so we know better which objects are used."
"It's highly competitive right now, and all the vendors are in a race to put out new versions with additional features. IBM comes out with new versions too often, and it has an impact on quality."
"Extracting data is a little slow."
"IBM is behind competitors like Tableau and Power BI in terms of visualization. Their visuals are less innovative and practical with fewer varieties."
"It's wonky, and not super user-friendly with Excel."
"IBM Planning Analytics could be improved by simplifying the learning curve, as it requires a lot of time to learn and master it."
"AI is where I see the most innovation and progress, but it's not fully developed yet."
"There are longstanding challenges with OneStream XF, particularly around the technical aspects that require scripting skills, typically managed by finance departments."
"Currently, they only support one browser, and it would be good if you could use it on Chrome, Firefox, etc. It is a little frustrating that you can only use a certain Microsoft browser. They're pretty tightly aligned with Microsoft. So, I can see the reasons for it."
"We should be able to download the data in the same format we upload it."
"It's okay for collecting information and setting it up, but for business support, we don't get much from it."
 

Pricing and Cost Advice

"The license of this solution is paid annually. Most of my customers choose a license that includes support."
"IBM Planning Analytics is not the cheapest solution, but it's priced per the market standard for this type of solution. I rate the price at seven out of ten."
"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
"I would rate the tool's pricing a nine out of ten since it's expensive."
"IBM Planning Analytics is priced well, and licensing costs are yearly."
"It is a bit expensive, but you get what you are paying for."
"Our licensing cost is approximately $50,000.00 per year."
"The product has a license by the user. They're on par with other competitors."
"The licensing is expensive."
"They price it by the user. Before discounting, it is 2,500 or something like that."
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Top Industries

By visitors reading reviews
Financial Services Firm
17%
Manufacturing Company
11%
Retailer
9%
Insurance Company
5%
Manufacturing Company
11%
Financial Services Firm
10%
Healthcare Company
9%
Computer Software Company
9%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business16
Midsize Enterprise4
Large Enterprise12
No data available
 

Questions from the Community

What do you like most about IBM Planning Analytics?
The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.
What is your experience regarding pricing and costs for IBM Planning Analytics?
While IBM's solutions were costly before, the introduction of SaaS models has reduced prices significantly. Comparatively, IBM rates may be better than those of competitors, such as Hyperion ( /pro...
What needs improvement with IBM Planning Analytics?
IBM is behind competitors like Tableau ( /products/tableau-reviews ) and Power BI in terms of visualization. Their visuals are less innovative and practical with fewer varieties. IBM's visualizatio...
Seeking lightweight open source BI software
I advise you to try OneStream. This is a very good platform focused on reporting, consolidation and budgeting & forecasting.
What do you like most about OneStream XF?
It offers great ease of use. This impacts not only the end-user experience but also the administrator's, which affects the total cost of ownership.
What is your experience regarding pricing and costs for OneStream XF?
My experience with the price has been okay. It's something that, when part of a larger system, we need to use, and there are also some discounts related to our multi-country usage.
 

Also Known As

Cognos TM1, IBM Cognos TM1
No data available
 

Overview

 

Sample Customers

ManpowerGroup, Convergys, AIG, Orchard Brands, Citibank, InterGen, Northwestern University, EF Education First, Ironside, Bazan Group, CSOB Insurance, Macquarie Group, Charles Stanley, SATO, Government of Sint Maarten, BMW Financial Services
Fruit of the loom, Melrose, AAA, Valeo Foods
Find out what your peers are saying about IBM Planning Analytics vs. OneStream XF and other solutions. Updated: December 2025.
881,114 professionals have used our research since 2012.