D.H. Pace selects Board for Forecasting, Reporting, and Planning
The Decision-Making Platform will enable the building materials company to speed up forecasting, distribute company reports easily, and achieve more dynamic planning
Board International, the leading provider of the #1 Decision-Making Platform, has been selected by D.H. Pace, an industry leader in providing door and door related products and services to home and business owners, to transform their finance function and allow for faster and more frequent forecasting, accurate budgeting, detailed reporting, and perform cross-departmental calculations. Board Partner CFO Solutions was instrumental in forming this new relationship with D.H. Pace.
D.H. Pace manages more than 2900 employees and 55 facilities across the United States. To be successful in providing their wide range of products and services to customers, they were previously dependent on a solution that was nearing the end of its life. D.H. Pace needed a replacement that would meet their forecasting and budgeting needs, provide speed across all financial processes, and enable them to do revenue modelling in the future. As a unified Decision-Making Platform which combines Business Intelligence, Planning, and Predictive Analytics, Board will help D.H. Pace to forecast multiple times a year, easily compare actuals against the budget, complete drilldowns from anywhere, and have an overall more accurate view of the state of the business.
D.H. Pace chose Board for its proven ability to enable fast, accurate and factual decision-making that will be invaluable for the entire organization. In its demonstration of the solution, the Board Team showed not only how it can address D.H. Pace’s immediate challenges and pain points within finance, but also other areas of the business, such as Supply Chain, Workforce, and Sales Management. The team at D.H. Pace is excited to envision how their use of Board will adapt and grow as they establish their processes within the solution.
"Board’s platform will enable us to improve our financial reporting and planning processes while providing a clearer picture of the drivers of performance in a clean, user-friendly environment. We are especially excited about presenting financial and non-financial elements together in a cohesive package for our dispersed key decision makers,” Tom Palmer, CFO
“D.H. Pace is a tremendous organization and we’re thrilled that they’ve selected Board to become their new solution for financial management and transformation. We are equally excited to see where the solution takes them, particularly in the areas of the business outside of finance. We appreciate their trust in us and we look forward to a long partnership ahead,” says Gareth Giles Knopp, CCO and Managing Director, Americas, Board International.
About D.H. Pace
The roots of the D.H. Pace Company go back to 1926. Over the years, the organization has grown to become an industry leader in delivering a broad range of mechanical door products and electronic security systems for a broad range of applications. The Company also provides its products and services to multi-location customers on a national basis. In 2021, D.H. Pace sales exceeded $745 million. D.H. Pace is a privately-held and family owned business based in Olathe, Kansas. For more information visit: www.dhpace.com
Board is the #1 Decision-Making Platform, empowering people to have a transformative impact on their business by helping them to intuitively leverage their data in a flexible, all-in-one environment. Unifying Planning, Predictive Analytics, and Business Intelligence, the Board platform allows companies to produce a single, accurate view of business information, gain actionable insights, and achieve full control of performance across the entire organization. Using Board, global enterprises such as H&M, Toyota, Coca-Cola, KPMG, Puma, and HSBC have digitally transformed their decision-making processes. Founded in 1994, and now with 25 offices worldwide, Board International has long been recognized by leading analysts and subject matter experts including Gartner, Nucleus, and Dresner. www.board.com