OKQ8 selects Board for Financial Planning, Budgeting, Forecasting and Scenario Planning
Board’s all-in-one solution for the office of finance will support OKQ8 on their digital finance transformation journey
Board International, the #1 Decision-Making Platform provider, today announced that Stockholm-based fuel and energy company OKQ8 has selected Board to help optimize multiple financial processes.
OKQ8 selected Board to shift their financial processes from predominantly manual, time-consuming procedures to a digital, cloud-based platform that will allow finance to strategically propel the business forwards.
OKQ8 is one of the largest suppliers of fuel for transportation in the Nordics and the company strives to act on climate change and reduce CO2-emissions, consume and sell sustainable products and enable people and communities. In addition to having the market's largest network of renewable alternatives such as Neste MY Renewable Diesel (HVO100), Ethanol E85 and Biogas, OKQ8 is building Sweden’s and Denmark's largest network for High Power Charging for electrical vehicles.
This finance-led project will improve the efficiency and effectiveness of their financial planning, budgeting, and forecasting processes, which integrated with Board’s scenario planning capabilities, will help OKQ8 drive strategic business planning and agility in its response to change.
“Board’s decision-making platform will enable several process improvements within our finance function and will help us undertake an integrated approach to business planning. We are especially looking forward to leveraging Board’s scenario planning capabilities to support the business in being more efficient, precise and agile with its decision-making in a changing and volatile environment.” said Mikael Glans, Head of Finance Business Controlling at OKQ8. “Seeing how other Nordic Board clients use the solution really convinced us that Board is the right tool for us and our requirements”continues Mikael.
“We are delighted to start this journey with OKQ8 and our partner Attollo. We are excited to help OKQ8 drive strategic change and optimisation within the business, starting with their office of finance” said Jakob Hartzell, Regional Manager Nordics at Board International. “We are equally excited to develop our partnership with Attollo as we collaborate on this project and enhance Board’s precense in the Nordic region”, continues Jakob.
OKQ8 operates in Sweden and Denmark and is one of Scandinavia's largest fuel companies. They are an engaged, customer oriented and sustainability focused organization with approximately 5,000 employees. The company works actively to drive the development of more environmentally friendly fuels and products and to reduce inequality and to contribute to sustainable cities and communities. OKQ8 has approximately 1,000 service stations, their own bank OKQ8 Bank and one of the market's strongest corporate offerings. Read more at okq8.se
Board is the #1 Decision-Making Platform. Founded in 1994, Board International enables people to have a transformative impact on their business, helping them to intuitively play and create with data in a flexible, all-in-one Decision-Making Platform. By unifying Business Intelligence, Corporate Performance Management, and Predictive Analytics, the Board platform allows companies to produce a single, accurate, and complete view of business information, gain actionable insights, and achieve full control of performance across the entire organization. Thanks to Board, global enterprises such as Coca-Cola, Ricoh, KPMG, Puma, Siemens, and ZF Group have deployed end-to-end decision-making applications at a fraction of the time and cost associated with traditional solutions. www.board.com