Next-generation financial planning software with corporate management capabilities
April 05, 2022

Next-generation financial planning software with corporate management capabilities

Nabin Poudel | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Board

Our software company has been using Board to make smart decisions driven by historical data analysis, simulation, and forecasting. It has helped us quickly develop roadmaps for our products, identify the key market, time for product lunch, and most effective marketing channels to be used. Board gives complete visibility of our financial aspects in real-time with customizable and interactive reports in a single dashboard. It has allowed us to plan the budget efficiently, and run simulations against provided benchmark data and market trends. Its cloud-based service can easily import big data sets and generate insightful visualizations in no time.
  • Easy to import and map historical financial data
  • Comes with a fast and reliable cloud platform
  • Consolidated view of all the financial processes
  • Real-time dashboard with insightful visualization and interactive simulation
  • Board can improve on its documentation and tutorials for beginners
  • It should provide faster support to the tickets
  • Not suitable for government offices due to privacy concerns

Do you think Board delivers good value for the price?

Yes

Are you happy with Board's feature set?

Yes

Did Board live up to sales and marketing promises?

Yes

Did implementation of Board go as expected?

Yes

Would you buy Board again?

Yes

  • Board has enabled our business to make solid financial plans
  • It has allowed us to identify key markets and revenue channels
  • With its consolidated view of all the financial aspects, it has been much easier to generate insightful reports
  • It has reduced costs on financial planning while increasing revenue and minimizing the losses
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 organization.
Microsoft Azure, SAP ERP, Microsoft 365 (formerly Office 365)
Board is a cloud-based financial planning software suitable for growing companies that deal with retail customers. It can help any business plan its budget most effectively on the basis of its historical data. It also offers benchmark data and trends you can rely on to make product roadmaps and sales plans. It may not be suitable for small startups and organizations due to expensive licensing and a steep learning curve.

Board Feature Ratings

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