Most planning professionals regardless of the line of business roles, are having difficulties in using their spreadsheets. For them, this software has advantages, too, like its flexibility and familiarity with the process. However, if using with bigger-scale planning management, several issues arise. Different errors displayed when a data is input and values are cut and paste from one cell to another cell. For them, Version control is their number one enemy in the process. Also, when users add extra participants in the process, the whole structures will become unwieldy.
The Solution: Embrace and Don’t Replace
Despite issues and difficulties, the spreadsheet remains as the most reliable and popular productivity tool. How can you utilize this productivity tool for the better, especially when managing large-scale planning environments? The answer is simple: leverage the capabilities of spreadsheets with the help of IBM Planning Analytics for Microsoft Excel. If you’re not familiar, you must understand that this accessible add-on allows you to have a smoother process with Excel spreadsheets.
It wouldn’t be applied without the help of IBM Planning Analytics, which focuses on multiple processes such as planning, forecasting, analysis, and budgeting solutions. For the users to fully-understand this software, a tm1 consultant is responsible for discussing the overview and basic functionalities to the user before the implementation process.
Functionalities According to Your Needs
IBM Planning Analytics for Excel enables users to benefit the overall functionalities and formatting, which includes graphing and built-in features. Starting with the simple drag and drop creation of virtual reports into a highly-formatted presentation with complicated calculations. Plus, these solutions can be controlled according to business needs.
Valuable Business Apprehensions
Deeper business insights are hidden in a plain structure of the rows and columns in spreadsheets. With the use of IBM Planning Analytics for Excel helps uncover those insights and allows the user to discover the date from IBM TM1 together with the other sources for valuable analysis as possible by using spreadsheets alone.