Board vs. Planful

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Board
Score 8.0 out of 10
Enterprise companies (1,001+ employees)
BOARD is a business decision-making platform for organizations of any size. BOARD hosts several business modeling, planning, and analysis all in one cloud-based platform.N/A
Planful
Score 8.1 out of 10
Enterprise companies (1,001+ employees)
Planful is a cloud-based enterprise performance management (EPM) suite. It includes financial applications for modeling, planning, consolidation, reporting and analytics.N/A
Pricing
BoardPlanful
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
BoardPlanful
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
BoardPlanful
Considered Both Products
Board
Chose Board
We earlier used Planful, which was also a good product but not as good as Board. The backend reporting and analysis of data are top-notch. The reports generated are quick and accurate. Board also offers to learn to upskill the team so that they can use the tool effectively and …
Chose Board
We selected Board over similar alternatives for its integrated business intelligence and corporate management capabilities. Furthermore, the ability to generate customized real-time reports, benchmark data, and trends were the primary reasons for implementing Board in our …
Planful

No answer on this topic

Top Pros
Top Cons
Features
BoardPlanful
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Board
6.6
94 Ratings
19% below category average
Planful
6.7
33 Ratings
17% below category average
Pixel Perfect reports6.681 Ratings6.815 Ratings
Customizable dashboards6.794 Ratings6.729 Ratings
Report Formatting Templates6.687 Ratings6.427 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Board
6.6
99 Ratings
22% below category average
Planful
7.3
60 Ratings
12% below category average
Drill-down analysis6.697 Ratings8.058 Ratings
Formatting capabilities5.895 Ratings6.859 Ratings
Integration with R or other statistical packages6.667 Ratings00 Ratings
Report sharing and collaboration7.490 Ratings7.255 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Board
7.0
91 Ratings
15% below category average
Planful
6.7
48 Ratings
20% below category average
Publish to Web6.680 Ratings7.112 Ratings
Publish to PDF7.488 Ratings7.144 Ratings
Report Versioning6.681 Ratings5.528 Ratings
Report Delivery Scheduling7.479 Ratings7.031 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Board
7.2
74 Ratings
5% below category average
Planful
6.3
22 Ratings
19% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)6.673 Ratings6.115 Ratings
Location Analytics / Geographic Visualization7.467 Ratings00 Ratings
Predictive Analytics7.465 Ratings6.418 Ratings
Pattern Recognition and Data Mining7.31 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Board
7.4
75 Ratings
16% below category average
Planful
8.5
59 Ratings
2% below category average
Multi-User Support (named login)7.473 Ratings8.953 Ratings
Role-Based Security Model7.470 Ratings8.151 Ratings
Multiple Access Permission Levels (Create, Read, Delete)6.673 Ratings8.352 Ratings
Single Sign-On (SSO)8.170 Ratings9.244 Ratings
Report-Level Access Control00 Ratings7.910 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Board
6.6
78 Ratings
19% below category average
Planful
7.4
25 Ratings
8% below category average
Responsive Design for Web Access5.873 Ratings7.323 Ratings
Mobile Application5.758 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile5.869 Ratings7.515 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Board
7.4
80 Ratings
11% below category average
Planful
8.0
107 Ratings
4% below category average
Long-term financial planning7.375 Ratings8.394 Ratings
Financial budgeting7.479 Ratings8.2106 Ratings
Forecasting6.676 Ratings8.099 Ratings
Scenario modeling8.272 Ratings7.486 Ratings
Management reporting7.578 Ratings8.0103 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Board
7.1
75 Ratings
12% below category average
Planful
6.7
80 Ratings
18% below category average
Financial data consolidation8.171 Ratings8.572 Ratings
Journal entries and reports6.572 Ratings6.955 Ratings
Multi-currency management7.462 Ratings6.648 Ratings
Intercompany Eliminations7.463 Ratings6.747 Ratings
Minority Ownership7.457 Ratings4.724 Ratings
Local and consolidated reporting6.669 Ratings6.758 Ratings
Detailed Audit Trails6.566 Ratings6.657 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Board
6.9
78 Ratings
17% below category average
Planful
7.3
107 Ratings
12% below category average
Financial Statement Reporting7.473 Ratings7.690 Ratings
Management Reporting6.677 Ratings8.0100 Ratings
Excel-based Reporting6.674 Ratings7.699 Ratings
Automated board and financial reporting7.471 Ratings6.473 Ratings
XBRL support for regulatory filing6.551 Ratings7.13 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Board
7.3
80 Ratings
10% below category average
Planful
6.1
62 Ratings
28% below category average
Personalized dashboards7.479 Ratings7.054 Ratings
Color-coded scorecards7.475 Ratings6.532 Ratings
KPIs6.677 Ratings7.141 Ratings
Cost and profitability analysis7.473 Ratings6.842 Ratings
Key Performance Indicator setting7.472 Ratings6.232 Ratings
Benchmarking with external data7.463 Ratings3.18 Ratings
Integration
Comparison of Integration features of Product A and Product B
Board
7.3
78 Ratings
13% below category average
Planful
6.8
98 Ratings
20% below category average
Flat file integration7.377 Ratings8.370 Ratings
Excel data integration7.476 Ratings6.990 Ratings
Direct links to 3rd-party data sources7.372 Ratings5.365 Ratings
Best Alternatives
BoardPlanful
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.3 out of 10
IBM Planning Analytics
IBM Planning Analytics
Score 8.3 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises
Anaplan
Anaplan
Score 8.7 out of 10
Anaplan
Anaplan
Score 8.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
BoardPlanful
Likelihood to Recommend
6.6
(100 ratings)
8.0
(116 ratings)
Likelihood to Renew
9.1
(7 ratings)
8.3
(18 ratings)
Usability
7.7
(5 ratings)
8.2
(17 ratings)
Availability
9.1
(1 ratings)
8.2
(4 ratings)
Performance
9.1
(1 ratings)
7.7
(2 ratings)
Support Rating
8.0
(3 ratings)
7.8
(18 ratings)
In-Person Training
7.3
(2 ratings)
6.4
(2 ratings)
Online Training
-
(0 ratings)
8.2
(1 ratings)
Implementation Rating
7.2
(3 ratings)
2.3
(7 ratings)
Configurability
9.1
(1 ratings)
8.2
(2 ratings)
Ease of integration
9.1
(1 ratings)
5.5
(1 ratings)
Product Scalability
9.1
(1 ratings)
8.2
(2 ratings)
Vendor post-sale
9.1
(1 ratings)
7.8
(3 ratings)
Vendor pre-sale
9.1
(1 ratings)
9.1
(1 ratings)
User Testimonials
BoardPlanful
Likelihood to Recommend
Board International
Board is a useful tool with a great set of features. We migrated from human apps to board and we find it relatively fast in search results and better-managed threads and forums. There are some areas, such as UI and interactions which could be improved but overall a great product. The learning section is also pretty good.
Read full review
Planful
Planful makes it very easy to roll forward forecasts and conduct scenario analyses. I'm also a big fan of their reporting and how easy it is to distribute a report burst to satisfy all the needs and questions of our SLT. Lastly, their latest developments in the AI space make it easy to quickly identify outlier projections.
Read full review
Pros
Board International
  • The user interface is intuitive and easy to navigate
  • You don't need programming knowledge to create dashboards which is a great flex for non-technical users
  • You can seamlessly convert large, raw, and complex data to meaningful reports to visualize better and plan to act accordingly
  • The financial forecasting that Board provides post-analysis is truly reliable
Read full review
Planful
  • Creating forecasts for the month, quarter, and year
  • Creating new variables by using variables pre-defined and that are new in the system
  • Having a very simple setup in the reports section - not straying away from the old Excel model which most people are used to. I can speak for a lot of people when I say that tools that look new can easily be frightening! 😅
Read full review
Cons
Board International
  • Board BI tool has a steep learning curve and can be challenging for a new user to reach to board's full capacity.
  • We have to use a windows scheduler to schedule data import tasks; it would be great if Board could provide its own scheduler.
Read full review
Planful
  • Multiple currency calculations/ consolidations support IFRS accounting
  • Ability to inactivate old data dimensions
  • Reporting - Need ability to expand all/collapse all lines easily
  • Reporting - Formula exceptions added to a report do not update when information is revised.
  • Automatic Sandbox refreshes initiated by Planful - When Planful does an automatic refresh of the sandbox environment, it copies any Boomi/integration connections.
  • Limited to 8 data dimensions in core application
  • Add more API connectors to make data integration easier
  • ability to transfer sandbox tests to production environment
Read full review
Likelihood to Renew
Board International
Board is a fantastic product for swift BI solution delivery when compared with its peers. Ease of use, support and integration with Microsoft Office Addin open a wide horizon of opportunities for further enhancements to solutions. Easy bespoke app development capabilities make it a winner for us. BOARD is just like a white canvas, it lets you explore your creative side while designing and delivering a solution
Read full review
Planful
Our new Comptroller understands the value of Planful, and we plan to utilize it further in the organization to enhance external reporting. Strangely enough, Planful had not previously been embraced by the former CFO, who argued that we were running two sets of books (of course, we were not). Fortunately, the before mentioned reconciliation of EBITDA to Net Income demonstrated that to the banks.
Read full review
Usability
Board International
From a user perspective, Board is quite simple to use. You
can evaluate the presentation of the data, the navigation, the configuration of
the users, the selection of the data etc ... It would have a better rating if
it were even more intuitive as regards the construction of a project, starting
from the database, to the info-cubes, to entities, to data acquisition
procedures from other servers.
Read full review
Planful
Planful is very easy to use for end users. The budget templates can be customized to meet the business needs. They just released business user experience functionality which you to take a complicated budget template and filter it down to meet departmental needs to avoid sending more lines than needed
Read full review
Reliability and Availability
Board International
No answers on this topic
Planful
I only give a 9 rating rather than a 10 rating because it seems that every day around 2pm we see a slowdown in the use of Planful. I have requested our internal IT department verify that it is not an internal issue and have been assured it is the tool. We have not yet reached out to Planful to do extensive research to solve this issue.
Read full review
Performance
Board International
very fast and no integration problems
Read full review
Planful
Again, the system is very reliable and, for the most part, runs very quick and smooth. When running larger queries, it does take some time, and during budgeting season our users experienced slower loading times, but nothing that raises concerns outside of normal network issues. Occasionally, as with any software we use, it will crash and you have to restart, but that does not happen very often.
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Support Rating
Board International
The only time I needed assistance was due to a problem in
the prints: the colors of the brochures as they were on the screen were not
reproduced in the print, but a series of standard colors were reproduced. This
fact made colored numbers on a colored background illegible. From the
assistance they confirmed that it was a problem of version 10.2 that occurred
when leaving the brochures with the default colors proposed by Board. To obtain
the desired colors, they had to be personalized ... I didn't like the solution
very much and the technician who recommended it didn't like me either, but they
would have solved the problem with the following versions. In any case, the
assistance was quick and effective even if not exactly efficient.
Read full review
Planful
Sometimes we get great help when using Planful's support team and other times we don't. In particular, there is one person that often responds to our support tickets who is less than helpful, hence the reason for the 5 out of 10 rating. As a result, most of the time we reach out to our Planful consulting group as they provide faster and better support
Read full review
In-Person Training
Board International
Board is fairly simple and straight forward. Advance training on workflows and procedures is a good one but the training content only touches through the interesting areas. training content needs to cover a few areas more in-depth
Read full review
Planful
We got little training on the tool after implementation. Did a lot of "trial by fire" learning about Planful. I don't think RSM really provided us all the details we needed to understand the tool and to know what we needed to train on. I don't know we knew enough about the tool to even ask the right questions and then they left and we used Planful support a lot.
Read full review
Online Training
Board International
No answers on this topic
Planful
A few years ago I participated in a lot of their online learning. Their references have grown over the years and continue to get better and better. We use it throughout the year to update the information we hold internally for documentation and to educate ourselves on all of the new release notes and features within Planful.
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Implementation Rating
Board International
The problem of user profiling in our context is certainly
quite complex. The complexity is given by the fact that the company is divided
territorially into logistic points of sale, but at the same time they are
virtually divided into divisions (or specific implementation areas) and points
of sale of competence. The same operator can have access to data at different
logistic sales points, sales points of competence and divisions.
Read full review
Planful
After going through the initial implementation with Host Analytics and a re-implementation with Cervello (due to an ERP change, not due to a poor initial implementation), I've learned that you really must rely on your internal staff to bear most of the implementation burden. Use the vendor or partners for ideas and best-practice suggestions, and some of the easy-but-time-consuming work. Since you will ultimately be using and maintaining the application, you should be able to do most of it yourself.
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Alternatives Considered
Board International
Board has been more complete when compared to Anaplan. Although I didn't participate in the buying decision of any of those products I have used both and by far Board just has more features. It's more than a CPM, it's BI and CPM put together. If I had to make a choice now it would be Board.
Read full review
Planful
Planful seems to do a better job of pulling things in a format that is more understandable to an accounting-minded person, whereas the other platforms seem more focused on operations. From a detail perspective, Planful provides more powerful and complete data, in my experience. When using a platform for financial planning and budgeting, the details are critical and the ability to match the GL structure and pull full P&L data has been a big improvement from Qlik, which we used previously.
Read full review
Scalability
Board International
No answers on this topic
Planful
I give this rating simply because I have first-hand knowledge of the scalability of Planful when working across departments in our company that use different financial systems. We have one team on InEight and another using SAP. When we implemented it, we only customized the system to accommodate one of these financial platforms, but when we considered expanding the use of Planful to other departments, we were able to make the necessary adjustments to accommodate our needs.
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Return on Investment
Board International
  • Board facilitates proactive decision making - it gives all the insights of the company's needs, which includes predictive analytics and manipulation of data to make different types of reports.
  • Easy to use for non-programmer and integration with other software is seamless. It has [the] ability to handle large amounts of data.
  • It facilitates advanced decision-making.
Read full review
Planful
  • We have saved a large amount of time on reports that we previously manually compiled in Excel via MS Dynamics. Planful was linked to Dynamics through automatically scheduled DLR's, reports were created, and now our manual processes are as simple as accessing and refreshing a report.
  • Dashboards have improved our budgeting process specifically with our production leaders as they can visualize their P&L's, their current actuals, current budget, and see where they are forecasting with their proposed budget for the next year
  • With the use of templates, structured planning, and the Simulation Engine, it has added a lot of value and automation to our annual budget process, allowing for plug-and-play type data loading and viewing various scenarios easily
Read full review
ScreenShots

Board Screenshots

Screenshot of PlanningScreenshot of Sales PlanningScreenshot of ProfitabilityScreenshot of GeomapScreenshot of ForecastScreenshot of Financial Plan

Planful Screenshots

Screenshot of Planful Planform DashboardScreenshot of Planful for FinanceScreenshot of Planful for MarketingScreenshot of ReportsScreenshot of Capacity Planning TemplateScreenshot of Integrations