Connect finance with operations, bust data silos. Drive collaborative decision-making with BOARD’s advanced Financial Planning & Analysis platform.
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Empower your Office of Finance to help you better.
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As data takes the center-stage for decision-making in organizations across the world, Finance departments are being asked to provide business leaders with data-backed information for better decision-making. However, most CFOs and Finance heads are not happy with their current Financial Planning & Analysis process, believing it delivers too little value and eats up too many resources.
Simbus brings to you BOARD International’s Financial Planning & Analysis (FP&A) platform.
What is FP&A?
Financial Planning & Analysis (FP&A) is among the most critical functions in an organization. It involves planning, budgeting, forecasting, and analysis, and delivers crucial insights and information that supports the organization’s financial health and strategy for growth and development. An important activity is developing forecasts for the expected future performance of the business based on past trends and results. The senior management relies on these insights and information whenever any operational, financial, or strategic decisions need to be made.
Why FP&A?
Today’s business environment has put renewed pressure on the CFO and the Office of Finance to steer the organization in the right direction with powerful insights on performance. They must be more interconnected with the operational functions of the organization. However, commonly used tools like spreadsheets are woefully ill-equipped to supply them with the right insights: the tools are unable to carry out critical analyses for organizational strategy such as discovering new opportunities for growth, tracking adherence to budgets, and conducting scenario planning to decide the right course to take; there are often multiple systems in place, causing lack of timely data availability and errors in reconciliation. The Finance department needs a powerful alternative to support organizations.
Why BOARD?
BOARD is:
The world’s #1 decision-making platform, enabling organizations to analyze, simulate, and forecast in a single, user-friendly environment.
A global leader in the BI & Analytics space, with 3500+ customers across many industries, a 97% renewal rate and 95% PoC wins.
A leading position-holder in several analyst reports, frequently top-ranked in end-user experiences.
The only product to be included in four different Gartner Magic Quadrants.
BOARD offers:
Data Centralizations
Business-wide data is automatically collected from various sources to create a single version of the truth.
Speed
Every component of Board guarantees maximum development speed with high performance
Ease of use
Board’s user-friendly platform simplifies dealing with data and performing in-depth analyses
User Self-sufficiency
Users can create personalized dashboards to work with data and draw insights that matter the most to them
Choice of deployment
Board can be hosted on-premise or in-cloud, opening up a whole new range of possibilities and increasing the pace of global collaboration
capabilities
With BOARD’s FP&A platform, you can:
Conduct all your FP&A activities on a single platform: a single source of the truth
Streamline budgeting, planning, and forecasting across the organization
Minimize manual data collection and reconciliation
Eliminate the disconnect between the finance and operations departments
Ensure data reliability and integrity
Seamlessly integrate planning, simulation, and analysis
Data virtualization
How can FP&A benefit your business?
Easier identification of cost saving and growth opportunities
Business-wide transparency of Performance
Alignment between strategic, financial, and operational goals
Everyone on the same page: freedom from planning in silos
Time savings due to automation of time-consuming manual activities
Accountability over results because of collaborative planning & decision-making
Increased business responsiveness through real-time operation-rooted forecasting
Are you ready for FP&A?
Our process maturity assessment tool gives you a comprehensive understanding of the status-quo of your organization’s FP&A process compared to the global standards of excellence.
You will get an insight into the roadmap to and the timeline of the benefits you will accrue across each department by adopting Board’s Financial Planning & Analysis software.
The Maturity Assessment Tool gives you a holistic view of your financial planning and analysis process as it stands today. It will help you understand areas with potential to improve and make it easy for you to compete with global brands with complete digital transformation.
