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IBM Planning Analytics vs MAGIQ Performance

What both publish

FactIBM Planning AnalyticsMAGIQ Performance
APIThe Planning Analytics for Microsoft Excel API can automate refreshing or publishing content through VBA, VBS or command-line scripts.Its API can expose reports and screens in web applications such as intranets, SharePoint, portals, and public-facing websites.
BudgetingYesIt supports activity-based budgeting, rolling forecasts, and bottom-up or top-down budgeting.
Financial consolidationYesYes
ForecastingIBM Planning Analytics provides AI demand forecasting inside the product.Yes
HeadquartersArmonk, New York, United StatesNapier, New Zealand; Hawthorn, Australia; American Fork, United States
PurposeIBM Planning Analytics is an AI-powered planning and analytics platform powered by the IBM TM1 database that unifies business planning in one governed platform.MAGIQ Performance is a budgeting, reporting, and financial planning solution for councils and public sector organisations.
Scenario modelingYesYes
SupportIBM Support provides cases, fixes, technical documentation and known issues for Planning Analytics products, and requires an IBM Customer Number and site-administrator approval.MAGIQ provides phone support in Australia and New Zealand and an online service desk that new customers must register to access.
Variance analysisYesYes
Workforce planningYesYes

IBM Planning Analytics plans

  • EssentialsPriced on request
  • StandardPriced on request
  • PremiumPriced on request

MAGIQ Performance plans

  • MAGIQ PerformancePriced on request

Pick IBM Planning Analytics if…

Finance and operations teams sharing governed plans; Organizations needing consolidation, SAP links or deployment choice; Teams that work in Excel and need real-time planning

Pick MAGIQ Performance if…

You want what its maker publishes above — check its page for the details.

Charts they share