Why Board Software?
Board software is both a BI and CPM tool in one. It enables organisations to analyse data from multiple sources, in a simple, secure interface. Then predict, simulate, model and plan to help achieve financial and operational goals.
One Integrated Approach Across Many Business Units
- Analyse data from multiple applications in one reporting tool
- Forecast and plan at summary or detailed level, for different cost centres, filtering and grouping data as you go
- Simulate new business units, product lines, and business models to understand the possible effect on the organisation
- Built-in data controls such as validation rules and cell-locking, prevent unexpected errors that can otherwise easily occur when using spreadsheets for planning
- Slice and dice data to analyse multiple sales dimensions such as region, product lines and customer segmentation
- Monitor your sales pipeline and analyse performance to identify opportunities and optimise conversion
- Identify areas of concern, model what-if scenarios and take the necessary action to get back on track, based on data-driven facts
- Collaborate with other teams such as procurement and inventory management by sharing plans and requesting their input in a single interface, eliminating emails and the use of multiple spreadsheets
- Forecast stock fulfillment needs based on actual sales data and anticipated sales trends to manage your orders for optimised inventory levels
- Share procurement data with the finance team. Finance can in turn use this data to build budgets, look at cash flow position or identify any risks for the organisation
- Explore and interact with data in a visual and effective way. Board is a self-service tool built for business users to drill down and query data in a single integrated environment that supports you in your operational tasks
- Use data to support fair employee performance-based compensation, which also aligns with the organisation's strategic objectives
- Analyse staff turnover rates versus the organisations growth plans to anticipate recruitment needs and budget accordingly
- Monitor employee expenses, identify patterns and put measures in place to control or reduce costs as necessary
- Monitor IT projects' actual costs against budgets to identify areas that require attention and better distribute the IT budget
- Analyse trends in service desk requests to uncover areas for improvement and ensure a proper level of service to business operations
- Define and measure essential IT KPIs and their impact on the organisation
- Analyse the IT team's performance and redistribute resources according to skills and demand to optimise efficiency of the team
- Use data actuals and forecasts to align marketing activities with the organisation's sales plan by focusing efforts to build the necessary sales pipeline to help the team achieve their sales targets
- Use what-if scenarios to help determine the best offer for a marketing campaign. Easily drill down on data to analyse campaign performance and identify areas for improvement
- Achieve better customer and prospect segmentation by diving deep into analysis of your data, customer buying behaviours and online research trends
- Consolidate different data sources such as CRM, website analytics, sales data and social media to identify trends and build your marketing strategy on strong, analytical research.
Solution to Common Business Challenges
Cloud-based technology so that teams can collaborate from any geographical location, at any time using any device.
Multiple sources of data allow business users to consolidate information from business applications such as ERP, CRM, Payroll, etc. as well as external data such as industry benchmarks into the one Board application.
Fast time to deployment makes it quicker and easier to demonstrate the value and ROI of Board software to the organisation's leadership as well as other teams. In turn this gets more users on board to achieve a more integrated planning approach.
Some of our customers who partner with Professional Advantage for their Business Planning technology needs
Ready to find out if Board is the right fit for your planning and budgeting needs?
Resources
Beyond Spreadsheets: Driving Better Performance Management through Board Technology
Bring the Mojo Back into Your Budgeting and Forecasting
Integrated Business Planning without resorting to Spreadsheets! Why Board is the answer.
Why choose Professional Advantage?
As the leading Board solution provider in Australia, our team is committed to helping you leverage the leading decision-making platform.
With over 30 years of experience implementing a range of enterprise software solutions, Professional Advantage is the market leader in understanding and unlocking data in all your business systems. Our specialist consultants have on average over 10 years of experience in Performance Management, Business Intelligence, and Advanced Analytics.
Board and Professional Advantage - Achieve More.