Phoenix Contact realizes Integrated Business Planning with Board
Board's Intelligent Planning solution merges planning processes from different divisions | ESG reporting rapidly implemented with the help of the Board platform
Board International, a leading global provider of Intelligent Planning solutions which help organizations plan smarter, enabling actionable insights and better outcomes, is implementing its Intelligent Planning solutions at Phoenix Contact, a global market leader and innovator in electrification, networking, and automation. The goal is to map various planning processes on the Board Intelligent Planning Platform and realize an Integrated Business Planning solution. The implementation partner is KPMG.
“We are pleased to welcome Phoenix Contact as a Board customer and support their vision and ambition for Integrated Business Planning,” said Marco Limena, CEO of Board. “The Board platform delivers the power of Intelligent Planning and enables Phoenix Contact to plan smarter, achieve greater efficiency, and transform their organization.”
Together with KPMG, Phoenix Contact conducted an intensive and detailed software selection process. Board's Intelligent Planning Platform was selected as it fits perfectly into Phoenix Contact’s diverse, modern IT infrastructure and because it proved, among other things, to easily integrate and process data from various upstream systems such as SAP and a Snowflake database in Microsoft Azure.
“We want to run the majority of our vital planning processes with Board,” said Anke Gützlaff, Project Manager at Phoenix Contact. “This includes integrated financial planning comprising P&L consolidation and investment planning, but also HR and sales planning. Board has proven to be a high-performance and flexible Intelligent Planning solution that will help us deliver these crucial requirements.”
Board demonstrated its high flexibility right at the beginning of the project. After the request for ESG reporting support occurred at short notice, a suitable reporting solution based on Board's Intelligent Planning Platform was created within just a few weeks.
About Phoenix Contact
Phoenix Contact is a global market leader for components, systems, and solutions in the fields of electrical engineering, electronics, and automation. Today, the family-owned company employs around 22,000 people worldwide, with sales of €3.6 billion in 2022. The company’s headquarters are in Blomberg, Germany. The Phoenix Contact Group is made up of 15 German and four international companies, as well as 55 sales subsidiaries throughout the world. Internationally, Phoenix Contact is represented in more than 100 countries.
Worldwide, production is carried out in a manufacturing network in 11 countries with varying degrees of vertical integration. The Phoenix Contact Group includes more than 50 sales companies worldwide, which ensure proximity to the markets and customers.
Board’s Intelligent Planning Platform delivers solutions that help over 2,000 organizations worldwide plan smarter — enabling actionable insights and better outcomes. Board helps leading enterprises discover crucial insights which drive business decisions and unify strategy, finance and operations through more integrated and intelligent planning to achieve full control of performance. Partnering with Board, global enterprises such as H&M, BASF, Burberry, Toyota, Coca-Cola, KPMG, and HSBC have digitally transformed their planning processes.
Founded in 1994, and now with 25 offices worldwide, Board International is recognized by leading analysts including BARC, Gartner, and IDC.
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