Tagetik 4-0 Vs IBM (Aug 2020)

Tagetik 4-0 Vs. IBM: Which is better?

Shlomi Lavi / Aug 18, 2020

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Looking for the right Business performance management solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:

Vendor comparison

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.

Pricing/cost comparison

The real cost of Business performance management software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Tagetik 4-0 TCO and IBM Planning Analytics total cost to help with the total cost of ownership calculation.

Tagetik 4-0 price Starting from $2,240 per user/month , 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 Starting from $45 per month , when comparing IBM Planning Analytics to their 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.

Features and functionality

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Tagetik 4-0 Vs. IBM based on some of the most important and required Business performance management features.
Tagetik 4-0: Audit Trail, Balance Sheet, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Credit Card Processing, Depreciation, Fund-Accounting, ..
IBM Planning Analytics list of features include the following: We are still working to collect the list of features of 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 business, Medium business, Large business.