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Board: Flexible and Powerful
Updated March 06, 2020

Board: Flexible and Powerful

Jeff Lynn | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Board

BOARD is used primarily as a tool for P&L reporting and maintaining budget and forecast data. We also use it for some operational reporting and business planning (demand planning, census, etc).
  • BOARD is extremely flexible, you can structure your data and hierarchies however you like.
  • User-friendly: It's easy to bring new users up to speed quickly on their desktop and web client.
  • Hierarchy management. While hierarchies are extremely flexible, the tools to manage them are occasionally frustrating, you can't always sort by all headings.
  • Exporting and printing layouts and reports can be frustrating. In most cases, it's easier to export to Excel and then format in Excel vs. trying to print directly from BOARD.
  • BOARD has allowed us to automate publishing monthly results to business partners. They can see their financial results without waiting for a batch to run or for partners to publish them via email. Thanks to robust security settings, Finance can ensure partners only have access to their departmental numbers.
  • BOARD has allowed us to move to a web-based forecasting/budgeting tool where we can move away from spreadsheets and into a live-entry model. It's eliminated versioning errors that can creep in when spreadsheet models are being traded back and forth.
Board had a very robust solution at a reasonable price when we were looking at moving away from a sunsetted version of our previous tool. It gave us the ability to quickly implement with our ledger system and the flexibility to develop additional solutions after the implementation.
BOARD is well suited when you want a solution that can work across a variety of use cases. It can be used for financial reports, planning, project tracking, and as a BI tool. It's a user-friendly solution that both beginners and power users can work with. Because of its flexibility, it's not well suited as an "off the shelf" solution. You will need to build frameworks for the solutions you require.

Board Feature Ratings

8.8
Long-term financial planning
Not Rated
Financial budgeting
9
Forecasting
9
Scenario modeling
8
Management reporting
9
9.0
Financial data consolidation
9
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
8.8
Financial Statement Reporting
10
Management Reporting
9
Excel-based Reporting
8
Automated board and financial reporting
8
XBRL support for regulatory filing
Not Rated
7.3
Personalized dashboards
8
Color-coded scorecards
7
KPIs
7
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
9.3
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
8
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
6.7
Drill-down analysis
8
Formatting capabilities
5
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
7
9.0
Publish to Web
9
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
9.7
Multi-User Support (named login)
10
Role-Based Security Model
Not Rated
Multiple Access Permission Levels (Create, Read, Delete)
9
Single Sign-On (SSO)
10
Not Rated
Responsive Design for Web Access
Not Rated
Mobile Application
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

Using Board

Overall, Board is easy to use and develop for. Users can quickly get up to speed and begin using with only a small amount of training. Generally, it takes longer to explain the data structure (our customization) than it does to explain the tool itself.

The most consistent challenge we run into is hierarchy management. New members have to be mapped to each level of an entity. While there is a "normalization" process, it often fails to map correctly or in rare cases can change custom mapping that was previously set up.
ProsCons
Like to use
Relatively simple
Technical support not required
Well integrated
Consistent
Convenient
Feel confident using
None
  • Drill down to more detailed layers of information/data
  • User security controls
  • manipulation of cube outputs
  • Hierarchy management
  • error troubleshooting in excel add-in
Yes, but I don't use it