Board - reporting, budgeting and effective data sharing instantly
Updated December 02, 2022
Board - reporting, budgeting and effective data sharing instantly
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with Board
Board is being used extensively within the finance team to manage all reporting, quarterly budgeting, and to enable the monthly balance sheet reconciliation process.
Board also allows the creation of dashboards for each level of the business from business unit manager up to executive. This enables the sharing of information and financial results immediately. Each executive within the business has a dashboard to manage their own individual KPI's.
The security flexibility within the system allows you to create multi levels of access to ensure the right people have access to relevant data.
Board also allows the creation of dashboards for each level of the business from business unit manager up to executive. This enables the sharing of information and financial results immediately. Each executive within the business has a dashboard to manage their own individual KPI's.
The security flexibility within the system allows you to create multi levels of access to ensure the right people have access to relevant data.
- Allows business unit managers see their results when they are live.
- Allows drilldown capability and full transparency into all revenue and costs.
- Enables the business to make decisions on relevant and live data.
- Board is a one-stop shop for all data points within the organisation.
- Transitioning to Board 11 has taken time.
- The column nature of the structure in Board can limit flexibility if you are recreating old reports. However, this gives you a blank slate to create new Board reports.
- The overnight load from the systems into Board can sometimes fail. This is likely to do with the amount of data we are loading every night.
- Allowed to reduce our largest cost and therefore increase EBITDA.
- Enables scenario modelling to identify the most effective use of capital.
- Very transparent and robust budgeting process.
- Excellent daily, weekly, fortnightly and monthly management reporting.
- IBM Cognos Analytics and Microsoft Cognitive Toolkit (CNTK)
The integration plan for Board was far easier and more comprehensive from a data security and data management perspective. The integration team had the help and support of the Board team as well as a third party team to enable smooth integration.
Also, cost was a key issue and Board was the most competitive.
Also, cost was a key issue and Board was the most competitive.