Would you like to make greater strides in the reliability, speed and effectiveness of your financial processes? And would you like to make better decisions easily and quickly? By bringing all management information together in one system, you can connect key elements within your organization. This results in full control over the business planning and performance of the organization.
One integrated solution for financial processes
Meanwhile, more and more Performance Management systems are entering the market that all provide insight into financial figures and processes. But what should you pay attention to when finding the right Performance Management system, and what does your organization need?
Often the strategic, operational and financial processes are not approached as a whole. Because of this, different departments within the organization sometimes work with different figures and reports. But how do you prevent this?
By opting for one integrated solution, the financial data are processed and made transparent, which contributes to speeding up decision-making and the digital transformation within your organization.
The all-in-one platform of Board brings all flows within Performance Management and Dashboarding together in one tool. Because of this integration, you quickly get smart insights and useful data dashboards.
Speed, flexibility and overview
A complicated, slow working or inefficient system; these are bottlenecks that many users of Performance Management systems encounter. An inefficient system slows down the achievement of your goals, or perhaps even the growth of your organization. Therefore, a fast and flexible platform is necessary.
With the Board Engine, on which the all-in-one platform of Board runs, maximum speed is guaranteed while maintaining optimal performance. The navigation and use of the software are user-friendly and intuitive, making all information and analyses easy accessible.
Losing the overview or working error-prone in Excel belongs to the past. By building interactive dashboards and performing effective analyses, it is possible to quickly and easily create impressive reports.
When different processes within the organization are not approached as a whole, you run the risk of missing important information. For example, processes are not sufficiently aligned or adapted to the requirements of the departments within your organization, such as HR, sales and finance. If you opt for a total solution that is integrated company-wide, you avoid this risk and ensure optimal alignment between the various financial processes.
Even in the Gartner Magic Quadrant, there is an increasing interest in an integrated approach to financial processes and reporting, such as Board.
Different departments can work with different reports, analyses and figures. This can result in little insight, poor overview and inefficiency. Do you also need intelligent tools that provide insight into the data and reduce manual tasks?
Start making data-driven choices, improve the user experience and gain competitive advantage. Board enables you to make informed choices based on all available information. Deploy Business Intelligence on processes such as:
- Scorecarding and dashboarding
- Data Discovery
Want to know more about Board?
A Performance Management system enables you to effectively and efficiently achieve objectives within each process of your organization. Because all processes are streamlined within the organization, data is always connected and can easily be linked to your strategic goals. There are Performance Management solutions for different functionalities:
- Budgeting, Planning & Forecasting
- Profitability Analysis
- Strategy Management
- Financial Consolidation
- Integrated Business Planning
- Predictive Analytics
Many organizations suffer from a lack of valuable and reliable forward-looking insights. This can make it challenging to achieve specific performance or goals. With Predictive Analytics functionalities, it is possible to predict specific scenarios.
For example, by automating predictive models, you can estimate how much revenue can be realized in the coming months. Then you can smartly adjust your inventory to this.
Collection of valuable data
Data is one of the most valuable assets an organization can have, and it is the essence of any business. But how do you collect all that data? And how do you handle that data safely and smartly? Through the integration of an integrated Performance Management platform, data quality is improved, and you gain faster insight into your data dashboards.
Board’s data dashboards are quick, easy and flexible to set up and adapt to the way you work. With this data, you can determine and measure key performance indicators (KPIs). Because all data is visible at a glance, more complex analyses, such as rolling forecasts and Integrated Business Planning, become easily achievable.
Do you wonder how you can make better decisions with the all-in-one approach of Board? Book a free demo with one of our Board experts! During this 30-minute session, we will introduce you to the platform, and you can indicate which parts you would like to know more about.
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