Board International today announced that it has successfully supported Clinique La Prairie, the pioneering health and wellbeing clinic located in Montreux, with the implementation of a new financial reporting and management solution using its industry-leading decision-making platform.
Clinique La Prairie was previously relying on the use of Excel to build the internal reporting out of pre-defined extractions from the adopted ERP system. The fast-growing business and its international expansion projects triggered the need for a more advanced strategic solution; faster, scalable, less dependent on manual intervention, and highly robust.
Replacing the legacy processes, Board – which automizes reporting and analysis in a single, user-friendly interface – will enable the easy management of data and results across multiple business units and the various internal organizations. The implementation was carried out as a joint effort by Board and Clinique La Prairie.
With financial reporting and reservations dashboards now in place, Clinique La Prairie can take advantage of Board’s all-in-one nature to monitor performance throughout all Business Units and departments.
“Before adopting Board, we had to cope with high amounts of manual effort and complexity in getting the information we needed. The rapid growth and increased complexity of our business demanded a much faster and robust system. We now have the possibility to produce and review the complete set of reports with ease, drilling into details and improving the quality and quantity of data management needs. Additionally, being a Cloud-based solution, the entire management team can access its own relevant data remotely, from anywhere at any time. ”
says Stefano Lanna, CFO at Clinique La Prairie.
The change in the daily way of working is evident:
- streamlined, more controlled reporting processes
- easy delivery of regular reports to managers
- daily broadcasting of reservations
- better alignment between operational, financial, and strategic goals
- better communication between different departments
- increased data transparency
Clinique La Prairie’s initial intent was to adopt Financial Controlling and Business Intelligence reporting, but thanks to a successful Proof of Concept the senior management team was also impressed by Board’s interactive dashboards and powerful CPM capabilities. This extra functionality, which is included in the platform and can be made use of in future, will increase performance visibility further and transform the company’s planning ability.
“The Board platform is ideally suited to granular performance management for the financial side of a business, as well as for operational planning and management. With our all-in-one solution we are pleased to help Clinique La Prairie to obtain better control of all its processes and achieve a high level of performance. This is an important mission and we take it so seriously it is part of Board’s corporate philosophy,”
says Stephan Zeise-Gött, Country Manager of Board Switzerland.
About Clinique La Prairie
Founded in 1931 by Professor Niehans, a pioneer in longevity, Clinique La Prairie has over the years established an international reputation as a world-renowned medical clinic and wellness destination located in Switzerland, a country highly reputed for its high level of medical expertise and care. Thanks to ongoing scientific research and its medical center home to 50 specialists, Clinique La Prairie is regarded as a leading light in preventative medicine thanks to its acclaimed Revitalisation therapy designed to promote vitality, enhance the immune system and slow down the aging process. Echoing the four pillars of Clinique La Prairie’s holistic approach to health and wellbeing, the programmes are offered over a one-week stay, during which guests can expect to receive a complete evaluation from medical experts, tailor-made nutrition and exercise plans, as well as results-oriented wellness and aesthetics treatments in its multi award winning Medical Spa. Surrounded by the natural beauty of Swiss mountains and Lake Geneva, Clinique La Prairie offers the perfect antidote to aging and the stresses and strains of modern life. Since 2020, the philosophy of the clinic goes beyond Switzerland, to open centers in cities where guests can continue their health and wellness journey closer to home. www.cliniquelaprairie.com
Board is the #1 decision-making platform. Founded in 1994 and Headquartered in Chiasso, Switzerland, and Boston, MA, Board International has enabled more than 3,000 companies worldwide to effectively deploy Business Intelligence, Corporate Performance Management and Predictive Analytics applications on a single platform. The Board platform allows companies to achieve a single, accurate and complete view of business information and full control of performance across the entire organization. Thanks to Board, global enterprises such as Coca-Cola, Ricoh, KPMG, Puma, Siemens, KFC, and ZF Group have deployed end-to-end decision-making applications in a fraction of the time and cost associated with traditional solutions. www.board.com