New release of Board Financial Consolidation: reduces close-cycle times and enhances compliance
Delivered on-Cloud or on-Premise, the new release of Board Financial Consolidation allows global organizations to perform automated and accurate group reporting, improve the speed of financial closings and achieve a reliable and complete financial controls.
Board International, the world’s leading supplier of Decision Making software for enterprises, today announced availability of the new release of its Financial Consolidation and Reporting application.
Board Financial Consolidation 4.0 effectively addresses the challenges that multi-entity global organizations face today with intercompany reconciliations, consolidation adjustments and group reporting, for both legal and management consolidation process.
The process-driven environment and new cutting-edge user interface within Board Financial Consolidation 4.0 make it easier and faster to manage, control and monitor the consolidation process across a company’s entire perimeter, highlighting the operations status and certifying internal controls for each step and any required task.
Thanks to the advanced architecture and technology of Board, organizations can count on a flexible, secure and scalable platform, whether they choose Board cloud or on-premises solution, according to their specific needs and the geographical distribution of their entities.
“ We are particularly proud of the benefits that Board Financial Consolidation 4.0 brings to our customers. The new release will allow Chief Financial Officers to accelerate financial closes, whilst minimizing the regulatory burden, ” said Michele Bernasconi, FC&FPA Business development and Product Manager at Board International. “ Board Financial Consolidation 4.0 will help companies reduce errors within financial consolidated statements and reduce the risk of inaccurate presentations and disclosures of outcomes according to accounting framework requirements, continued Bernasconi. “Leading organizations around the world – such as Alerion Clean Power, Amadori, Leitner, Octo and Verder – are already taking advantage of our application. ”
Being part of a unified interactive platform for Performance Management and Business Intelligence, Board Financial Consolidation not only provides a single and consistent enterprise view of a firm’s financial position, but it also empowers users with self-service analysis on the same set of consolidated financial information from multiple and changing perspectives. Board Financial Consolidation supplies all the benefits of Board’s decision-making platform, where analysis and reporting are seamlessly integrated with planning, forecasting and simulation processes.
Learn more about Board FC 4.0 : https://bit.ly/2y1tdTS
About Board:
Board is the #1 decision-making platform for organizations of any size. Founded in 1994, Board International has enabled more than 3000 companies worldwide to rapidly deploy Business Intelligence, Corporate Performance Management and Predictive Analytics applications on a single unified and programming-free 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, from strategic formulation down to operational execution. Thanks to its programming-free toolkit approach, global enterprises such as H&M, KPMG, DHL, Mitsubishi, NEC, Puma, Siemens, and Toyota have rapidly deployed end-to end decision-making applications in a fraction of the time and cost associated with traditional solutions. Headquartered in Chiasso, Switzerland, and Boston, MA, Board International has 21 offices around the world and a global reseller network. Board has been implemented in over 100 countries. www.board.com