IBM Planning Analytics vs Parallel
IBM Planning Analytics
ibm.comParallel
getparallel.comSide by side
| Figure | IBM Planning Analytics | Parallel |
|---|---|---|
| Price from | $875/mo | $100/mo |
| Free plan | — | — |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| Linux | Yes | — |
| iOS | Yes | — |
| API | Yes | — |
| Self-hosted | Yes | — |
| Plans published | 4 | 4 |
| Spec score · Scenario Planning Software | 9.3 (#1) | 7.6 (#49) |
| Spec score · Financial Planning & Analysis Software | 9.2 (#2) | 7.5 (#48) |
| Spec score · Financial Modeling Software | 9.0 (#2) | 7.7 (#19) |
| Free plan | No | No |
| Purpose | IBM Planning Analytics is an AI-powered planning and analytics platform powered by the IBM TM1 database that unifies business planning in one governed platform. | Parallel is cloud-based financial planning and analysis software that helps startups forecast cash runway, plan hires, and raise capital. |
| Support | IBM Support provides cases, fixes, technical documentation and known issues for Planning Analytics products, and requires an IBM Customer Number and site-administrator approval. | Parallel says the founders are the people customers will talk to when they have a question, and its pricing FAQ says support is one message away. |
Plans
IBM Planning Analytics
- EssentialsPriced on request
- Essentials$875 a month
- StandardPriced on request
- PremiumPriced on request
Parallel
- Launch$100 a month
- Grow$300 a month
- Scale$750 a month
- Enterprise$1,500 a month
In their own words
IBM Planning Analytics
IBM Planning Analytics has no write-up on Specifiction yet; its figures are above.