Finance

Revolutionize your budgeting, planning, and forecasting

Drive accuracy, efficiency, and cohesion across budgeting, planning, and forecasting activities with an integrated approach that connects strategy, operations, and finance

With Finance departments under increasing pressure to provide detailed business insights for strategic decision-making, there is no room for disjointed approaches to planning. Forward-thinking Finance functions are moving to an Integrated Business Planning (IBP) approach, connecting strategic, operational, and financial plans with available resources and transforming themselves into agile and responsive teams with the ability to support business growth. Board supports the entire budgeting, planning, and forecasting process in a unified solution, overcoming the challenges associated with disparate spreadsheets to deliver a truly connected approach.

Make Integrated Business Planning a reality

Acknowledged as a best practice approach, but once perceived as distant dream for many, the Board platform makes Integrated Business Planning (IBP) a reality, enabling organizations to connect FP&A, S&OP, and Strategic Planning and in a seamless, end-to-end process.

  • Translate strategies into actionable plans

    Easily link strategy to execution, filtering strategic visions down to operational activities in a joined-up approach which creates complete transparency

  • Get the story behind the numbers

    An inherent link between financial and operational data creates clarity over what’s impacting the bottom line, down to operational level

  • Easily cascade goals across the organization

    The ability to model and forecast the effect of operational drivers on strategic and financial results helps you set departmental targets which support your strategy

  • Drive collaboration and accountability

    The fully integrated process ensures every team is working towards the same goal, with full visibility of how one department’s activities impact another

Integrated Business Planning for finance: Board's software's homepage screen

Transform Financial Planning and Analysis (FP&A)

Replace your traditional FP&A approach, affected by spreadsheet plastering and disconnected multi-point systems, with one centralized solution that integrates data from multiple sources, including transactional and legacy systems, ensuring one version of truth for financial planning and reporting.

  • Manage planning across any time horizon

    Integrate your long-term planning with the annual budget, quarterly revised budgets, and short term forecasting activities in a unified environment, guaranteeing accuracy and auditability throughout the process with validation criteria and custom workflow approvals

  • Easily navigate your revenues and expenses

    Accomplish revenue and expenses planning with ease by taking a top-down or bottom-up approach with the ability to propagate changes across multiple dimensions and hierarchies and drill down to the lowest level of detail, helping you identify what’s driving the numbers

  • Efficiently simulate your financing needs

    Easily acknowledge capital requirements and financing needs, finetuning balance sheet planning in terms of capex, net working capital, and net financial position planning

  • Accurately forecast your cash generation

    Understand corporate cash generation capabilities, conceiving cash flow planning and monitoring all factors affecting cash position

  • Make your business value driven

    Use native simulation capabilities to figure out how the variation of key value drivers affects corporate value creation

Value creation dashboard for financial plannig

Conduct strategic planning with ease

Link strategy to value creation with strategic planning capabilities which enable finance professionals to detect more valuable initiatives and ensure proper capital allocation.

  • Turn strategic plans into measurable initiatives

    Transform your strategic planning process by cascading high level strategic lines down into measurable initiatives

  • Effectively assess the impact of your initiatives

    Define the impact in terms of revenue growth, profitability contribution, and capital efficiency enhancement for each initiative

  • Select more valuable business strategies with ease

    Shortlist more significant initiatives in terms of their impact on corporate value creation

  • Correctly allocate your financial resources

    Optimize capital allocation across shortlisted strategic initiatives before you commit

Sample of strategic scenario dashboard for financial planning

Link operations planning across the enterprise

Easily set up your operations planning, connecting end-to-end corporate processes from supply chain to sales & marketing, finding the most efficient and economical combination of resources to achieve key business goals with the ability to plan and adjust in real time.

  • Sales planning

    Work out the most efficient way to run your driver-based projections for top line figures, integrating all inputs and insights coming from the sales and marketing departments

  • Supply chain planning

    Cascade demand planning in production, warehouse, distribution & logistics, and procurement planning

  • HR planning

    Identify correlations between staffing levels and sales or operational output, helping you identify where reallocation or recruitment could help boost productivity

  • Interdepartmental integration

    Drive a collaborative approach between departments by creating visibility over the interaction between performance in one area and its effect on another

An example of Board's mobile dashboard for operations planning
KPMG customers teaser
Customer success story: KPMG

Digital finance transformation

Underpinning a digital transformation effort within the Finance department, Board has enabled KPMG to achieve a fully integrated approach to budgeting, planning, forecasting, profitability analysis, and reporting.

Explore more of Board’s finance capabilities

Budgeting, Planning, and Forecasting

Seamlessly connect budgeting, planning, and forecasting activities across the organization, saving time by automating repetitive processes and driving visibility, accuracy, and collaboration with an Integrated Business Planning approach.

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Profitability Analysis, Performance Management, and Analytics

Make more-informed decisions with the ability to analyze profitability, and performance, to simulate the effect of key value driver changes on your business results and to exploit insights from data using sophisticated analytical tools.

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Financial Closing, Financial Consolidation, and Lease Accounting

Make light work of closing, consolidation, and lease accounting activities in a compliant, workflow-driven environment.

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Statutory Reporting, Disclosure Management, and Management Reporting

Exploit the advantages of a single environment to accomplish reporting tasks and disclosure duties.

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