Impossible to do rolling forecast.
Multiple systems used for budgeting, forecasting, consolidation & reporting.
Constant rework of figures in spreadsheets.
Very difficult to do analysis of figures.
Budgeting is seen a low value process in the organisation.
Very difficult to re-forecast.
Multiple data sources and thus multiple versions of the truth.
Time consuming Budgeting and Forecasting Process.
Reliance on spreadsheets.
Data integrity issues as data needs to be constantly re-balanced to source.
Rigid budget process that cannot adapt to change quickly.
Budget and Forecast models are costly to maintain and change.
Lack of collaboration in the budgeting process.
Slow reporting cycles.
Security concerns, company figures emailed around in spreadsheets.
Fast: As there is no coding required, the development time is fast without sacrificing performance.
Easy: As a single platform it is easy to use, without having to learn to use multiple solutions.
Total Cost of Ownership: Board is the most agile solution in the market that allows for the evolution of your process, thus offering a low TCO compared to traditional solutions.
Cloud or On-Premises: Same application regardless of deployment – can be moved from the Cloud to on-premises without any changes required.
All in-one: A true single platform solution that includes business intelligence, performance management and analytics
One Version of the Truth: All performance management data contained in one single “version of the truth” dataset, with drill through capabilities to source systems
Flexibility: An extremely flexible solution to meet your specific requirements and which does not force you into a specific way of doing things.
Scalable: Board has been designed to contain large volumes of data and address all performance management challenges.
User self-sufficiency: Was developed for the business user and is thus easy to develop, maintain and evolve applications.
Secure: There is no need to have confidential company information floating around in spreadsheets and e-mails. Restrict views to data as required down to any level.
MS Office Integration: Easy access to all data directly from Microsoft Excel, PowerPoint, and Word applications with the Board Office Add-in.
Workflow: Allows you to plan the Performance Management process effectively and efficiently without relying solely on deadline dates.
Collaboration: Allow planners to collaborate with each other, especially where they impact each other in the business.
Self-service: Quickly discover insights without being reliant on someone else.