Board Benefits

CA
Manager Of Financial Planning And Analysis at a healthcare company with 11-50 employees

The benefits of the solution are a lot of flexibility from a data modeling standpoint. The product can add specific line items into our budget, for example, or if we want to make changes to the data model, we have that flexibility. Therefore, flexibility and scalability are some of the strongest qualities that BOARD has.

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it_user858351 - PeerSpot reviewer
Strategy and Performance Analytics Director at a government

For us, the city of Fayetteville has very disparate data sources on different RMS systems, so the benefit for us was to be able to reach out across departments - globally, across our organization: folks like Fire, Police, Inspections, Parks and Rec - and really build a cross-functional dataset that we're able to analyze and then produce reports for the public, online.

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it_user864765 - PeerSpot reviewer
Senior Business Data Analyst at Lifestyle Services Group (part of Phones4U)

BOARD has allowed us to provide to clients a tool which allows them to see the state of their entire holdings managed by us. With this tool, clients can make decisions based on fact and current information regarding property value, rental income, lease management, etc.

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Buyer's Guide
Board
April 2024
Learn what your peers think about Board. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
768,415 professionals have used our research since 2012.
BG
Principle Architect at a tech services company with 51-200 employees

All staff can now see their relevant scorecards online. This helps them see exactly how we are trending towards our goals, from which their bonus compensation is calculated.

The solution gives us consistency and reliability of data. As users of the tool, it's very easy to input our time, it's very clear who's working on what, when. It lines up our billing and invoices. So, it's very clear who needs to get billed 

Also, for implementers, it's a very visual tool. So rather than having it on a whiteboard, during design conversations, which are very abstract, we can be mocking things up using the tool and the clients can see it built before their eyes.

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CG
Junior Consultant at a tech services company with 10,001+ employees

Before we used Board for our customer, they would share the same Excel sheets each in different departments. It was highly inefficient. They needed to wait until other people finished their parts. And it was not easy to catch the newest information in the Excel sheets. After we provided Board to the customer, they were able to put all their planning information in Board and get the newest information from it.

In addition, it has helped to integrate planning processes across our customer's organizations. For example, people from accounting, HR, and production are able to check other departments' information. While it hasn't improved the accuracy of the planning information, as the ERP system is quite accurate, the fact that we can let people from different departments check the information quickly helps them see accurate data.

It also provides us with faster access to information than we had before.

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SN
Senior Software Engineer at Simbus Technologies

The integration with SAP has helped with process optimization. Before, users were using Excel for planning. First they had to go to SAP, extract the data, and plan everything in Excel. Then, for reporting, they were using another tool where they would have to select the reports and send them to senior managers. But now, SAP is integrated with Board, so they get the data in Board, they do the planning in Board, and all the reports are in Board. There is no need to send reports via email to senior managers. And once the reports are approved, everything goes through automatically. It has made things easy for them. It has cut many steps from their activities.

Using Board has reduced costs for our clients because they would have to get an SAP license for each of their users. There is only one license for the Board SAP integration. So users can just use the Board license and cut down on licenses for SAP. And because they were using an additional reporting tool, that has also been cut down. They have even been able to cut down on Office, because there is no more Excel. Everything is in Board.

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it_user858345 - PeerSpot reviewer
Director of FPNA at a healthcare company with 51-200 employees

The low hanging fruit on the how it is performing now that we have built it into our integrity and trust in our numbers. Where in the past, there have been issues, now we have only one version of the truth. We have been able to provide seamless governance across the whole organization. Why we have done this is for the hard savings, my team is able to scale easily with the business along with the rapid growth that we have been seeing. 

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it_user237819 - PeerSpot reviewer
Budget & Performance Analyst with 501-1,000 employees

This product has saved us countless hours in developing our budget each year. What used to require a number of employees working overtime each week consistently, has been cut down to one person working 10 hours of overtime once a year.

Our Budget is also more accurate, reliable, and is updated every morning with actuals from our accounting software.

 Board has also helped us with developing an initiative tracking system.

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it_user857499 - PeerSpot reviewer
Senior Business Analyst at a government with 1,001-5,000 employees

The ease of designing. The ease of making it happen on a daily basis. What I mean by that is catching up daily. You just schedule the report and off it goes.

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MJ
Principal Architect at Clear Insight
  • BOARD helps by providing access to all sources and data. 
  • Changes can be made easily by the users themselves. 
  • The reports are easy to play around with. 
  • Management can customise the filters as per their requirement.
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it_user857508 - PeerSpot reviewer
BI Developer at a healthcare company

They had calculations from baseline for average, standard deviations, just like what you would do in Excel.

We have 75 or 86 buckets based on the tissue. There are something like 20 product lines. So if you do the math, we are talking about some 800 graphs and layouts which they generally print every month. So it has been very flexible. We identified a print option for the screen, so when we hit print, and I have eight layouts corresponding to eight graphs, they print like a shot.

The data doesn't have to just be there, it has to look prettier too. So I'm able to add little fancy italics. It makes the whole experience for the users better, there's something to look at. They prefer looking at it, and they start asking questions, which helps me develop further. If they want more, I can enhance it and give it to them.

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it_user858339 - PeerSpot reviewer
Finance Manager at a manufacturing company with 10,001+ employees

We have better reporting and have been able to better track performance. We now have real-time data. Ultimately, it will help us to make better decisions as an organization.

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it_user858336 - PeerSpot reviewer
Manager MIS at a healthcare company with 1,001-5,000 employees

It has definitely saved us time, especially in our budget and planning processes. A lot of time was previously spent manually manipulating information. Now, the information is there, so they can actually look at it and utilize it for forecasting and planning. 

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it_user857502 - PeerSpot reviewer
Budget Officer at a government with 201-500 employees

The way that we designed the personal service forecasting module - about 80% of our operating budget is personal-service related in government. The way that it allows us to take all the variables in, and do a lot of "what if" scenario planning on it, I think is the greatest benefit.

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it_user858327 - PeerSpot reviewer
BI Developer at a retailer with 201-500 employees

Our data is now more structured. Between our data warehouse and BOARD, which are both brand new, we now have a more structured data view with more accurate, timely data.

We can also build reports super fast.

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it_user857511 - PeerSpot reviewer
Business Transformation Manager at a tech services company with 201-500 employees

Better integrating of operational and financial processes. Driving everything to reduce working capital and inventory. Big things, as opposed to just deficiencies.

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it_user857514 - PeerSpot reviewer
Senior Consultant at a tech vendor with 201-500 employees

Our organization doesn't use a dynamic feed, but our clients have improved a lot in terms of coordination and communication. This has improved their internal performance. 

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it_user857505 - PeerSpot reviewer
System Controller at a hospitality company with 10,001+ employees

It has sped things up - since we never have enough time to get things done. This has streamlined the process. Before, sales was doing Excel spreadsheets, and then we were putting that in a forecasting system. This, on the other hand, is all direct, and we can report right from it. Then we're loading actuals in, so it's a much more streamlined approach.

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it_user858333 - PeerSpot reviewer
VP of Professional Services at a tech services company with 1-10 employees

It allows them to look at their data differently. 

In the past, they were limited to spreadsheets. Coupled with this tool, they can catch their data to understand where they are at a lot quicker, then see what is going on.

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it_user858330 - PeerSpot reviewer
Financial Analyst at a government with 1,001-5,000 employees

It has streamlined the organization.

It has benefited us by reducing time. 

Also, we are able to easily export data. When directors need financial information, we can go in the system and export the data, then send it out so they have it ready and available. If they are not in the office, we can email it to them. In addition, all the managers are now more on top of their expenses and their budget, so it is better streamlined. 

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it_user857490 - PeerSpot reviewer
Consultant at a financial services firm

The benefits are 

  • getting the data in one spot
  • the ability to report dynamically
  • version control.
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it_user857493 - PeerSpot reviewer
Senior Consultant at a tech vendor with 201-500 employees

There are definitely a lot of benefits we're still discovering. We have our own software but our reporting functionality and different workflows are not as flexible and mature as what BOARD can do. That's why we have it.

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it_user191826 - PeerSpot reviewer
Software and Services Executive at a university with 501-1,000 employees

This platform has help our organization streamline our budget process and give us insight into our customers, products & services.

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it_user858348 - PeerSpot reviewer
Financial Analyst at a energy/utilities company with 201-500 employees

The benefit is the ease of access to the data to generate reports. That results in faster decision making.

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it_user858342 - PeerSpot reviewer
Sales Operations Specialist at a non-tech company with 11-50 employees

I do not think it has that great of an impact on our company yet. We have not yet been able to dedicate the time and training towards it. 

For me, it is useful! We are a finance team, though not in finance, but it is working out well for our team.

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it_user670311 - PeerSpot reviewer
Business Analyst at a transportation company with 201-500 employees
  • Budget & forecast process
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it_user349236 - PeerSpot reviewer
Manager at a insurance company with 501-1,000 employees

We lack a good presentation of consolidated data to customers and senior management and BOARD's slick graphics solved that. It allows various graphical presentation using the same set of data and the drill-down of details can be done from the reports directly.

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reviewer1098444 - PeerSpot reviewer
Works

Board helps us to better explain KPI performance, thanks to the creation of dashboards. These permit us to show the right information to discover trends and allows us to take action in advance.

It is useful for self-analysis regarding company data and helps to find areas where we can improve.

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it_user261951 - PeerSpot reviewer
Group Controller with 51-200 employees

Each user is able to obtain all the information needed in autonomy.

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it_user346563 - PeerSpot reviewer
Business analyst at a pharma/biotech company

It has helped us manage our workflow.

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Buyer's Guide
Board
April 2024
Learn what your peers think about Board. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
768,415 professionals have used our research since 2012.