IBM Planning Analytics is business performance management software designed to implement collaborative planning, budgeting, forecasting, and analytics applications, as well as financial reporting and consolidations. It provides a unified platform for organisational data, enabling enterprise-wide collaboration and transparency. Powered by IBM Cognos TM1’s in-memory OLAP engine, it offers fast, reliable analysis and customisable workspaces. 

With real-time collaboration, multi-dimensional analysis, and advanced financial modelling, every decision is backed by precision and insight. The IBM Planning Analytics Platform, in addition to the TM1 Database Server, includes an ETL Tool, Server Management and Monitoring Tools and several user front ends including MS Excel, which provide capabilities designed for common business planning and budgeting requirements, including workflow, adjustments, commentary, and audit trails.