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Why CFOs Want to Get Ahead of the Numbers

CFOs don’t want to report on decisions after the fact; they want the insight to influence them in real time. In this video, discover how Board connects finance and operational data to reveal the impact of decisions on margins, working capital, and cash flow. See how scenario planning and what-if analysis help organizations break down data silos and make faster, more integrated decisions.

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1:34 min
  1. CFOs don't want to report the news after it's happened.

  2. They want to be in the know around decisions that the

  3. operating teams are making, and coming in at the right time

  4. to say, "Hey, some of those decisions would affect either

  5. working capital in a bad way or affects margins." And

  6. similarly, operating teams want to really understand, hey, how

  7. do their decisions affect margins?

  8. How do their decisions affect working capital and cash flow?

  9. And so operators are increasingly incentivized and motivated to

  10. understand that. But the problem today is the data challenge,

  11. right? And they don't have all of these data in one

  12. platform, and it's very difficult to

  13. understand and really stitch together the impact of decision making.

  14. And that's where a powerful tool like Board brings in, very

  15. elegantly, data from office of finance,

  16. operational data at the SKU level, which is, we're talking about

  17. high volumes of data. And the real multidimensional model

  18. and the calculation engine that Board has built in is able to

  19. process high volumes of these calculations that needs

  20. to happen for you to run scenarios, what if analysis, and start to make

  21. capital outlays and decisions in a much more effective manner.

  22. So in a nutshell, I would say Board is extremely

  23. well-positioned to help organizations start

  24. to bring together siloed and start to make much more

  25. integrated decision making.

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