Guide to IBM Planning Analytics for Finance Teams

An outline of this training course

The course "Guide to IBM Planning Analytics for Finance Teams" provides a foundational understanding of IBM Planning Analytics, tailored for finance professionals. It focuses on imparting essential knowledge and practical skills required to effectively utilize this powerful software. Participants will be introduced to the core concepts of IBM Planning Analytics, including its evolution from TM1, its unique in-memory, multidimensional database engine, and its capabilities in handling complex financial data. The course is structured to familiarize learners with the software’s interface, basic functionalities, and its significant role in modern financial analytics and reporting.

Progressing from foundational concepts, the course delves into the practical applications of IBM Planning Analytics in real-world financial scenarios. Participants will engage in hands-on exercises to master data collection, management, analysis, and reporting within the software. The course covers advanced features like scenario planning, predictive analytics, and automation, highlighting their impact on financial decision-making and strategy formulation. Through a series of case studies and interactive sessions, learners will develop a thorough understanding of how to leverage IBM Planning Analytics for insightful financial analysis, effective data visualization, and compelling data-driven storytelling. The course aims to equip participants with the skills and confidence to apply IBM Planning Analytics in their professional roles, enhancing data-driven decision-making and strategic planning in finance.

By the end of this course, participants will have gained a deep understanding of IBM Planning Analytics, enabling them to transform complex financial data into actionable business insights.

What are needed to take this course

Participants should have a foundational understanding of finance and data analysis, access to IBM Planning Analytics software for practical exercises, a computer with adequate specifications to run the software, and a stable internet connection for accessing course materials and online learning platforms.

Who is this course for?

This course is designed for finance professionals, analysts, and managers who want to enhance their skills in financial planning and analysis using IBM Planning Analytics.

Details of what you will learn during this course

By the end of this course, you will:

• Gain an overview of IBM Planning Analytics and its key features
• Learn to navigate the interface, perform data entry, and create reports
• Utilize advanced functions such as data modeling, scenario analysis, and predictive analytics
• Understand how to collaborate with other tools, integrate data, and ensure data security
• Explore advanced topics including customization, custom workflows, troubleshooting, and additional resources

What you get with the course

• With this course, you will gain a comprehensive understanding of the subject matter, divided into eight digestible chapters.
• The course is self-paced, allowing you to learn at your own speed and revisit the material as needed.
• Throughout the course, you'll encounter three sets of Review Questions. These are questions designed to reinforce your understanding and help you assess your grasp of the material.

Program Level

Intermediate level

Field(s) of Study

Finance, Data Analysis

Instruction Delivery Method

QAS Self-study

***This course was published in January 2024***

Enterprise DNA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org