A Versatile & Very Capable BI System
April 03, 2020

A Versatile & Very Capable BI System

Joseph Camp | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Board

Initially, Board was introduced to replace an antiquated annual budgeting process involving many Excel templates, however, this has since expanded to the point where Board is the primary financial reporting tool & also hosts some non-financial KPI reporting. At present, Board is being used across the entire organization. Board has solved many issues that come with traditional Excel-based reporting like the lack of version control, difficulty in distribution, time-consuming consolidation/roll-up of figures, and lack of security.
  • Visually appealing and intuitive user interface.
  • Ease of report creation, enabling users with minimal technical knowledge to create reports.
  • Drill-down functionality allows users to view granular data if desired while allowing initial reports to remain simple as opposed to overwhelming.
  • Not as capable in some instances as SQL for more complex reporting.
  • Lack of API limits integration with other business systems.
  • Increased awareness & understanding of financials for end users.
  • Reduction in time & resources taken to generate reports, and greater availability of reports to users.
Board was generally more visually appealing when compared to many alternatives, some of which would retain the appearance of a spreadsheet and would have limited formatting or visualization capabilities. In addition, some tools were specifically a financial reporting and/or budgeting tool. Board, however, boasts a wider range of applications. This was beneficial, as while the initial goal was to implement a system to replace the existing budgeting process, there was a long term view to implementing a variety of financial and non-financial reporting within our selected product.
Board seems particularly well suited to environments where it is not only required to report upon data but also accept user input data such as budgeting or forecasting applications. The ability to apply granular security on a per-user basis is also invaluable in such situations where each user may, for example, only be responsible for the budget of a certain area of the business. Reporting with granular data sets is also well supported with drill-downs allowing more granular data than is visible in the initial report to be accessed with ease.

Board Feature Ratings

Long-term financial planning
Not Rated
Financial budgeting
9
Forecasting
8
Scenario modeling
Not Rated
Management reporting
8
Financial data consolidation
Not Rated
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
Financial Statement Reporting
Not Rated
Management Reporting
7
Excel-based Reporting
6
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
Personalized dashboards
9
Color-coded scorecards
Not Rated
KPIs
8
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
7
Excel data integration
Not Rated
Direct links to 3rd-party data sources
7
Pixel Perfect reports
8
Customizable dashboards
8
Report Formatting Templates
7
Drill-down analysis
9
Formatting capabilities
8
Report sharing and collaboration
Not Rated
Publish to Web
Not Rated
Publish to PDF
8
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
8
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
Multi-User Support (named login)
7
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9
Single Sign-On (SSO)
8
Responsive Design for Web Access
Not Rated
Mobile Application
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated