Plan across multiple scenarios at speed
Board provides the capability to easily and quickly create simulation models that exactly reflect your business challenges, arming you with the analytical intelligence to evaluate the potential impact of your decisions before they are made.
Board’s cutting-edge technology overcomes all the shortcomings of traditional solutions, making any simulation process fast, agile and easy to implement through comprehensive modelling and simulation tools.
Easily create sophisticated business models
Board offers the capability to translate business processes into sophisticated predictive models that enable users to assess the impact of their decisions on their organization’s performance.
A powerful combination of native features (real time data aggregation, calculations and allocations, cells simultaneously processing formulas and values, business rules) make it possible to easily understand the potential outcomes derived by the variation of key business-driver assumptions (and vice versa).
For example, in a classic Board model, you can simulate how a change in the allocation of fixed costs can be immediately reflected in the calculation of EBIT by products, channels and customers, and vice versa
Similar process analytics simulation models can be built both for strategic purposes such us carving out planning, scenario planning, and sensitivity analysis and for improving accuracy and effectiveness of Financial, Workforce and S&OP planning processes.
Stop waiting, move to real-time modeling
Unlike traditional simulation and planning solutions, characterized by structural rigidity and the inability to handle large or complex data sets with good performance, Board offers the capability to manage real time changes to models, data allocation across dimensions and hierarchies, and data calculation and aggregation.
A new business unit, product, market, or investment can be inserted in a controlled way during a simulation or a planning process, reproducing the effect of a new scenario on the entire business model. In practice, users enter numeric data at any aggregation level (i.e. Sales by Product Lines) and the changes are automatically allocated up to the broadest outline (Total Sales) and down to the lowest level of detail (Item code), across all the correlated dimensions (i.e once a user updates Sales by Product Lines, the changes also will be distributed across geographic areas, channels, customers, etc.).
Revolutionize what-if analysis: use any cell both for formula and data entry
Compared with other planning solutions and simulation modeling software, Board offers unmatched effectiveness in managing simulation processes from the ground up.
Not only will any change to data be allocated top-down, bottom-up or middle-out across any dimensions (compared to alternative products which only support bottom-up aggregation from the lowest level of detail), but a unique feature named Reverse Algorithm extends this capability to calculated fields. This means that, for example, if you change a value in a percentage, that change will be automatically reflected in the quantities from which the percentage has been calculated.
By enabling use of the same cells for input and output, Board overcomes one of the most evident limits of spreadsheets; the fact that a cell can manage a value or a formula but not both. This basic mechanism, which applies to any value including totals and subtotals, will revolutionize your user experience during simulation and planning processes.
Automate predictive modeling
Board’s data simulation software is powered by Board BEAM, a cutting-edge solution for automated predictive modeling.
Board BEAM can automatically evaluate the characteristics of any time series, consequently producing a suitable model, and can run extremely accurate forecasts thousands of times faster compared with other solutions.
Forecast results are immediately available as measures in the Board environment, making it easy to embed predictive analytics into any simulation application.