Compare Tagetik 4-0 and IBM - Nov 2022

Shlomi Lavi

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Bottom Line: Which is Better - Tagetik 4-0 or IBM?

Tagetik 4-0 is more expensive to implement (TCO) than IBM, and IBM is rated higher (86/100) than Tagetik 4-0 (85/100). Tagetik 4-0 offers users more features (14) than IBM (0).

Looking for the right Business performance management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Tagetik Vs. IBM

Tagetik : Founded in 1986, Tagetik is a trusted provider of Corporate Performance Management and Business Intelligence software for budgeting, forecasting, financial consolidation, close, reporting, disclosure and more. Tagetik is one of the fastest growing global software companies in the Performance Management software industry.

IBM: International Business Machines Corporation, or IBM, is an American corporation. IBM manufactures and markets computer hardware and software, and offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.

Who is more expensive? Tagetik 4-0 or IBM Planning Analytics?

The real total cost of ownership (TCO) of Business performance management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Tagetik 4-0 and IBM Planning Analytics.

Tagetik 4-0 price starts at $50,000 per feature , On a scale between 1 to 10 Tagetik 4-0 is rated 10, which is much higher than the average cost of Business performance management software. IBM Planning Analytics price starts at $120 per user/month , When comparing IBM Planning Analytics to its competitors, the software is rated 2 - much lower than the average Business performance management software cost.

Bottom line: Tagetik 4-0 is more expensive than IBM Planning Analytics.

Which software includes more/better features?

We've compared Tagetik 4-0 Vs. IBM based on some of the most important and required Business performance management features.

Tagetik 4-0: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Audit Trail, Balance Sheet, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Credit Card Processing, Depreciation, Fund-Accounting.

IBM Planning Analytics: We are still working to collect the list of features for IBM Planning Analytics.

Target customer size

Tagetik 4 is suitable for businesses of all sizes, but it is most widely used by large companies and enterprises. and IBM Planning Analytics's target customer size include: Small, medium and large size businesses.