Finance

Steer financial results with unified profitability analysis, performance management, and analytics

Easily analyze your budgeted and actual data, gain visibility of your profitability and performance across the sales process, and make your analysis more insightful with advanced analytics

In today’s fast-paced business environment, finance teams are under pressure to support business decisions by providing insights in increasingly short timeframes, which can be extremely difficult when faced with data silos, outdated solutions, and manual processes.

To combat this, businesses are seeking a more unified approach, utilizing profitability analysis software, corporate performance management, and analytics to enable decisions to be made faster using a solid foundation of data to drive accuracy and success. Board’s all-in-one Decision-Making Platform provides finance professionals with the solution, offering the complete range of tools needed to drive quick, effective decisions and maximize competitiveness.

Drive profitability analysis, modeling, and optimization

Gain complete visibility of your profitability at all levels of business activity and allocate costs and earnings with ease.

Profitability measures

Create higher quality insights by implementing accurate, consistent profitability measures along relevant business variables such as market, product family, customer type, and channel, at various levels of hierarchy, removing reliance on assumptions and personal interpretation

Top line allocation

Acknowledge complex and sophisticated criteria, allowing for proper allocation of revenues, gross margin, and variable direct costs to single items or transactions

Cost allocation

Use different methodologies to fully allocate operating costs, such as Cost Centers and an Activity-Based Costing approach, to understand what really drives your operating profitability

Profitability analysis example of sales analytics software
The screen shows an example of Profitability Analysis application built with Board

Gain complete control of performance management

Produce comprehensive performance analysis on historical figures and simulate the effect of internal, macro, or microenvironmental changes on your future results.

Gap analysis

Conduct gap analyses between current data and past data or between actual and target data contained in your long-term planning, budget, revised budget, or short-term forecast

Multi-dimensional view

Examine gaps in business variables such as market, product family, customer type, and channel, understanding where performance is achieved

Performance transparency

Dissect your performance in terms of volume, price, and mix effects to understand what drives your results

Like-for-like comparison

Make your storytelling consistent, adjusting performance results through like-for-like modeling

Simulation

Create multiple What-If scenarios to simulate the effect of key value driver changes on your financial results

Benefit from business analytics built for the office of finance

Take advantage of a platform conceived to support data discovery across accounting, planning, and budgeting cycles and effectively support analysis, simulation, consolidation, and allocation activities.

Sample of financial forecasting management software
  • Gain a single, shared version of truth

    The integrated Board environment enables the generation of analyses and reports at various corporate levels which point to a unified data set validated by the Office of Finance, guaranteeing a unique version of truth across the organization

  • Easily create and share analyses, reports, and dashboards

    Board’s self-service capabilities enable business users to easily create analyses, interactive dashboards, and reports, and share them effectively through advanced collaboration functionality

  • Explore your data both by financial and operational dimensions

    Exploit native business intelligence features, navigating data through multiple dimensions and hierarchies with the possibility to drill down to the lowest level of detail

  • Effectively manage allocation, reconciliation, and consolidation

    Easily create any kind of business or financial model, exploiting Board’s allocation, reconciliation, and consolidation capabilities

  • Simulate future outcomes to inform decision-making

    Take advantage of simulation capabilities to accomplish sensitivity and scenario analysis aimed at better understanding the relationships between key value drivers and helping you identify value creation paths

BI for the Office of Finance

Traditional approaches to Business Intelligence (BI), data visualisation, and analytics are failing to deliver what CFOs need to fulfil their wider role as dependable business partners and advisors to the rest of the board.

Recent research identifies that two thirds of CFOs consider that they are inadequately supported in decision-making, predicting performance, and responding quickly to market change. Yet, at the same time, there has never been a greater choice of standalone BI and data visualization tools.

So, what should the Office of Finance expect from a Business Intelligence tool?

Customer success story: ZF Friedrichshafen AG

A single solution for global Planning and Analysis

Beginning with the transformation of reporting and analytics processes across the business to create a worldwide Management Information System, Board has since been extended to manage all strategic and operational processes at ZF. The business now has a single solution for global planning and analysis across 230 offices and 40 countries.

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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