Board is presented as an enterprise planning platform, offered as a solution to accelerate business performance and enable continuous planning with greater forecast accuracy to drive confident, aligned decisions.
N/A
Planful
Score 8.1 out of 10
Enterprise companies (1,001+ employees)
Planful is a cloud-based enterprise performance management (EPM) suite. It includes financial applications for modeling, planning, consolidation, reporting and analytics.
Business problems that Board addresses are & how Board stacks up against them :Difficulty in managing and tracking multiple projects and tasks at the same timeInefficient communication and coordination among team membersLack of visibility into team performance and …
Board platform giving all the services from the lastest update according to our own business requirement. Even It's pricing model is very lower than other platform. We are getting lots of digital data maintaining, reporting, publishing without any kind of highly training course.
We earlier used Planful, which was also a good product but not as good as Board. The backend reporting and analysis of data are top-notch. The reports generated are quick and accurate. Board also offers to learn to upskill the team so that they can use the tool effectively and …
The features and the haslle free UI where any first time user can understand the esay navigation and achieving their business goal. To be brief, the features are very unique and most promising compared to the other application. Providing custom & tailored solutions of business …
Board has been more complete when compared to Anaplan. Although I didn't participate in the buying decision of any of those products I have used both and by far Board just has more features. It's more than a CPM, it's BI and CPM put together. If I had to make a choice now it …
Board is much much easier to setup than compared to Azure Power BI. Power BI also has a lot of challenges around data refresh with their web interface. While talking to support, we were made aware that for full feature-set, we should use the desktop version. Clearly something …
Board is useful in running all under one platform which is advance analytics, creating workflows and allowing users to create customizable dashboard once and using them for longitudinal tracking of Key performance indicators. It can provide tools and applications required to …
Based on your budget and what your inclination is to brand/service reputation, you can always find a different platform that can do more/better for the same/less cost, based on how you seek to find the metrics you want analyzed. It also depends on how your forecasting and …
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 …
We check previous reviews of the product and used a trial run of both products in a trial period. Most of our users voted for Board because of the features so our organization chose Board.
1) One of the main reasons we went for Board is that the consultant we hired was confident that it would be a game-changer in terms of financial analytics. He proved to be right. 2) Board has a great user community, so help is something that is always available even if their …
Board is a non-traditional reporting tool. It uses the latest data sciences advances to organize data. Board’s advanced In-memory Server Cluster architecture allows Board server workloads to be shared on a virtually unlimited number of nodes. This functionality ensures full …
Board has a number of flexible and easy tools which are not complicated to get their full performance concepts. Board interface can be customized by all users, Cloud deployment basics are also very simple to any user, and the data insights collection capability which Board …
The Cloud tools and the easy setting of all the Board functionalities via the Cloud deployment are amazing and easy to train on the Board features performance concepts. Board has straightforward business solutions generation capabilities and its intelligent functions are more …
We can not say that IBM system is not good, it is at par with Board. Selection is based on [the] best bid only. While we have used IBM also in [another] place.
These tools are handled for different purposed across the Product Groups however Board has an edge on the getting the best things upfront rather than becoming the jack of all trades. It has highly specific use cases for better Business Analytics and Decision making.
Board tools are well arranged and very accessible by the user. Board capabilities that enable effective Cloud marketing of various business or products are effective and also its data analytics is the best. Board allows reports creation and easy reports distribution among …
The flexibility of the Board features and the [ease] of customization make everything amazing and the ability to model new data models and also the new business is the greatest capability. Board can manage multiple contents through the Cloud and also export different reports …
We liked the Excel-based interface and Planful's reporting capabilities. The dashboarding feature also offers a visual look at KPIs without purchasing another software, saving the company money.
We enjoy planful and have preferred it compared to similar products because of the personability, helpfulness form customer service, easy sign on, ability to customize reports, and run easy consolidation process.
Most financial folks user-friendly less technical support needed; most efficient and automated; data host in US; most automated with both the core application and excel spotlight in sync, you can view and sync in web or excel. Process time is fast.
Prior to joining the company, we tried to implement Vena but were unsuccessful. There we're a few reasons it didn't work out, but a lot of it related to the implementation team they provided. In just the first week with Planful, we achieved more progress than we did in several …
Planful's user interface is much more user-friendly than OneSteam. I wasn't as heavy of a Onestream user as Planful so can't fully compare. I am Power User and building system for Planful whereas I was purely end user for Onestream.
Previously we used Infor CPM and Alight Planning. Planful is head and shoulders above both of these systems. We have been extremely happy with it. It has cut our workload in half compared to the other two systems. There is little to nothing in the other two systems that we miss …
Planful scored high in multiple areas (such planning, reporting, Workforce controlling) and based on our assessment criteria Planful receive the highest value/cost ratio. At the same time, we were confident that Planful was able to scale together with the business and manage …
Before my arrival at the company, we attempted to implement Vena but were unsuccessful. We got further with Planful in the first week than in several months with Vena.
Workforce Planning in Planful is a plus compared to Adaptive Insights. Reporting in Planful is a plus compared to Adaptive Insights. Similarity to Excel is a plus compared to Adaptive Insights. Adaptive Insights can budget/forecast weekly or daily rather easily, which is a huge …
Planful is winning in user experience. More intuitive design and very user friendly. I do expect more flexibility in terms of system confirgurations like higher hierarchy limit
Planful was a more cost effective approach vs our previous platform (Adaptive) and is able to be managed fully within the FP&A team (no IT resources or outside consultants post-implementation)
Planful seems to do a better job of pulling things in a format that is more understandable to an accounting-minded person, whereas the other platforms seem more focused on operations. From a detail perspective, Planful provides more powerful and complete data, in my experience. …
Planful seems to have the best price to performance option against the tools listed. Some of the more premium options on the market have outdated UIs and dont get updated as frequently and other in the same price category dont seem to have the same level of options and "ease" …
It's been very good when all departments of the company had to pitch in data/information for a specific business decision. My company had to have input from Marketing, Sales, Engineering, Customer Support, and accounting in order to decide on what kind of development was next needed for our platform.
Reporting and Spotlight have changed the game for us. Spotlight has brought dynamic reporting to our team and the rest of the office as well. With dynamic planning, we've spent more time doing analysis instead of running and creating the reports. Recently, we've spent less time analyzing and more time formatting, and Spotlight has brought the analysis back to FP&A.
Board makes data summary easy - It makes comprehensive reports with great visuals.
Board makes navigation is easy for users - it has abundant training materials to help you get started.
With Board security is easy to set up and maintain for the organization - the support staff also provides great assistance for implementation and resolves other issues.
Creating forecasts for the month, quarter, and year
Creating new variables by using variables pre-defined and that are new in the system
Having a very simple setup in the reports section - not straying away from the old Excel model which most people are used to. I can speak for a lot of people when I say that tools that look new can easily be frightening! 😅
Board is a fantastic product for swift BI solution delivery when compared with its peers. Ease of use, support and integration with Microsoft Office Addin open a wide horizon of opportunities for further enhancements to solutions. Easy bespoke app development capabilities make it a winner for us. BOARD is just like a white canvas, it lets you explore your creative side while designing and delivering a solution
Our new Comptroller understands the value of Planful, and we plan to utilize it further in the organization to enhance external reporting. Strangely enough, Planful had not previously been embraced by the former CFO, who argued that we were running two sets of books (of course, we were not). Fortunately, the before mentioned reconciliation of EBITDA to Net Income demonstrated that to the banks.
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.
The tool is extremely adaptable, and it enables very quick querying to give us opportunity to gain live insights into the business. Given its adaptability, we are also able to create scenario analyses very quickly in rapidly changing environments. The formatting also enables us to provide this information in a very consumable manner.
I only give a 9 rating rather than a 10 rating because it seems that every day around 2pm we see a slowdown in the use of Planful. I have requested our internal IT department verify that it is not an internal issue and have been assured it is the tool. We have not yet reached out to Planful to do extensive research to solve this issue.
Again, the system is very reliable and, for the most part, runs very quick and smooth. When running larger queries, it does take some time, and during budgeting season our users experienced slower loading times, but nothing that raises concerns outside of normal network issues. Occasionally, as with any software we use, it will crash and you have to restart, but that does not happen very often.
The only time I needed assistance was due to a problem in the prints: the colors of the brochures as they were on the screen were not reproduced in the print, but a series of standard colors were reproduced. This fact made colored numbers on a colored background illegible. From the assistance they confirmed that it was a problem of version 10.2 that occurred when leaving the brochures with the default colors proposed by Board. To obtain the desired colors, they had to be personalized ... I didn't like the solution very much and the technician who recommended it didn't like me either, but they would have solved the problem with the following versions. In any case, the assistance was quick and effective even if not exactly efficient.
Sometimes we get great help when using Planful's support team and other times we don't. In particular, there is one person that often responds to our support tickets who is less than helpful, hence the reason for the 5 out of 10 rating. As a result, most of the time we reach out to our Planful consulting group as they provide faster and better support
Board is fairly simple and straight forward. Advance training on workflows and procedures is a good one but the training content only touches through the interesting areas. training content needs to cover a few areas more in-depth
We got little training on the tool after implementation. Did a lot of "trial by fire" learning about Planful. I don't think RSM really provided us all the details we needed to understand the tool and to know what we needed to train on. I don't know we knew enough about the tool to even ask the right questions and then they left and we used Planful support a lot.
This training is much more robust now than it was when we first implemented our Planful environment. Many times we can do a little research in the "help" portal and do not even need to reach out to support. They are continuously improving the training and information available to users.
The problem of user profiling in our context is certainly quite complex. The complexity is given by the fact that the company is divided territorially into logistic points of sale, but at the same time they are virtually divided into divisions (or specific implementation areas) and points of sale of competence. The same operator can have access to data at different logistic sales points, sales points of competence and divisions.
Most of the issues in the implementation were self inflicted, the team at Top Down was great and did a good job managing hours and teaching our team how to best handle the system. The implementation went longer than expected as they always do but the GL and erp link was up and running quickly so we could build reporting
We earlier used Planful, which was also a good product but not as good as Board. The backend reporting and analysis of data are top-notch. The reports generated are quick and accurate. Board also offers to learn to upskill the team so that they can use the tool effectively and collaborate.
Personally I have only used essbase in my work. Planful has a much easier platform to use both to put together results and to load data compared to the financial reporting platforms that I have used. Planful also has better dedicated tools to create reports and build in a dedicated software that is built to report on rather than building from scratch in an excel environment
From our experience, Planful is only used in 2 overhead departments in our organization. We easily added another overhead department, but they decided against using Planful for their workforce and financial planning. Removing them from our environment was extremely easy.
With effective financial analysis and planning and using Board, we were able to see a +18% QoQ revenue increase consistently for seven months straight
Using Board Dashboards, the senior management was able to better & clearly understand the financial position of the company at a given time and take better strategic decisions
