Finance

Streamline your closing and consolidation activities

Preserve the accuracy of data and ensure full adherence to compliance requirements with solutions for fast closing, financial consolidation, and lease accounting

Financial closing, financial consolidation, and other general accounting activities require high levels of manual, repetitive work and the collation of data from a multitude of spreadsheets and data sources. Additionally, the above activities must meet strict requirements in terms of compliance to corporate internal control systems.

Board’s financial closing software, financial consolidation software, and lease accounting software provides a transformational alternative, saving time through the automation of repetitive activities, creating visibility and auditability across the entire process, and freeing up team members to dedicate time to more strategic activities.

Perform financial closing, fast

Speed up your financial closing process with the power of automation and transparency.

Automate your financial close process

Accelerate periodical activities such as reconciliations, adjustments, and close of the books in a single environment

Gain full transparency

Empower your investigation of unmatching accounts, pending adjustments, and unsubmitted trial balances by gaining full insight in a few clicks

Ensure compliance

Exploit workflow capabilities to achieve control of the entire process, with full audit trails for compliance purposes (i.e. internal control system and SOX)

Automate your financial consolidation

Make light work of the financial closing and consolidation process with a fast, accurate,
transparent, and automated approach.

  • Replace time-consuming, manual consolidation activities

    Automate consolidation activities, managing intercompany transactions, currency reserves, consolidation reserves, equity sterilization, and minority items

  • Model the impact of different scenarios

    Easily create simulations and What-if scenarios according to different consolidation methods (i.e. integral, proportional, book value, and cost) and minority stake percentages

  • Achieve compliance with ease

    Gain control of the entire process with full audit trails and workflow controls

An example of Board's financial consolidation dashboard: profit and loss screen

Make light work of the lease accounting process

Achieve IFRS 16 and ASC 842 compliance with ease across the entire lease accounting process.

  • Perform all lease accounting activities in a single solution

    Easily manage contract lease collection, calculation, and reporting in a monitored process with full visibility of the segregation of duties and alerts to ensure deadlines are met

  • Simulate the outcome of different scenarios

    Model multiple scenarios to inform your decision-making, with all calculations generated being IFRS 16 and ASC 842 compliant

  • Ensure compliance

    Gain control of the entire lease accounting process with full audit trails and workflow controls

Sample of enterprise lease accounting software
Customer success story: Verder Group

Analysis, reporting, and consolidation transformation

Faced with lengthy manual processes in consolidating information from a variety of systems across 50 legal entities and three divisions, Verder invested in Board to automate the process and transform analysis and reporting business-wide.

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.

Learn more

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.

Learn more

Financial Closing, Financial Consolidation, and Lease Accounting

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

You are here

Statutory Reporting, Disclosure Management, and Management Reporting

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

Learn more