Budgeting, Planning, and Forecasting with Board
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.
Board for 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.
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
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
Capital employed and financing
Easily acknowledge capital requirements and financing needs, finetuning balance sheet planning in terms of capex, net working capital, and net financial position planning
Understand corporate cash generation capabilities, conceiving cash flow planning and monitoring all factors affecting cash position
Use native simulation capabilities to figure out how the variation of key value drivers affects corporate value creation
Board for Strategic Planning
Link strategy to value creation with strategic planning capabilities which enable finance professionals to detect more valuable initiatives and ensure proper capital allocation.
Transform your strategic planning process by cascading high level strategic lines down into measurable initiatives
Economic impact of initiatives
Define the impact in terms of revenue growth, profitability contribution, and capital efficiency enhancement for each initiative
Shortlist more significant initiatives in terms of their impact on corporate value creation
Capital allocation for initiatives
Optimize capital allocation across shortlisted strategic initiatives before you commit
Board for Operations Planning
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.
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
Identify correlations between staffing levels and sales or operational output, helping you identify where reallocation or recruitment could help boost productivity
Drive a collaborative approach between departments by creating visibility over the interaction between performance in one area and its effect on another
Customer story – KPMG Germany
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.Discover more
Explore more of Board’s finance capabilities
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.Learn more
Make light work of closing, consolidation, and lease accounting activities in a compliant, workflow-driven environment.Learn more
Exploit the advantages of a single environment to accomplish reporting tasks and disclosure duties.Learn more