{"id":3116,"date":"2022-08-31T19:43:35","date_gmt":"2022-08-31T18:43:35","guid":{"rendered":"https:\/\/holisticds.com\/articulo\/board-software-purpose-and-benefits\/"},"modified":"2024-05-02T11:42:24","modified_gmt":"2024-05-02T10:42:24","slug":"board-software-purpose-and-benefits","status":"publish","type":"articulo","link":"https:\/\/holisticds.com\/en\/articulo\/board-software-purpose-and-benefits\/","title":{"rendered":"What is BOARD and benefits"},"content":{"rendered":"

Board International was founded in the 1990s with the aim of being a Self-Service Analysis and Reporting, which goes through giving users the independence to create their own reports<\/strong>, without depending on the IT department or on an external consultancy or software publisher.<\/p>\n

From the beginning, BOARD was considered as a Business Intelligence (BI) and Enterprise Performance Management (EPM) integration solution<\/strong> aimed to maximize efficiency in business decision making.<\/p>\n

Its functions covers the generation of reports, multidimensional analysis, ad-hoc inquires and dashboard creation. It also works for managing and monitoring all planning processes and performance control with budgets, forecasts, profitability analysis, simulations or financial consolidation, among others.<\/p>\n

In short, BOARD unifies in a single platform<\/strong> different key functions for business management, based on the all-in-one philosophy.<\/p>\n

What is BOARD?<\/h2>\n

BOARD is a software platform that brings together<\/strong> Business Intelligence, Predictive Analytics and Corporate Performance Management in a single integrated environment.<\/strong><\/p>\n

In this way, all 3 areas are connected to the same database and run on the same platform.<\/p>\n

This is a great advantage, as most companies work with their own decentralized Business Intelligence (BI) and Enterprise Performance Management (EPM) systems, which means different databases, and interfaces that have to be created to connect them.<\/p>\n

In the end, it leads to a segregated company\u2019s decision making process.<\/p>\n

However, BOARD integrates in a single solution a powerful BI ecosystem to design and digitize business processes, mainly related to planning and simulation.<\/p>\n

In this regard, it offers a comprehensive solution, since planning & simulations, scenarios and forecasts elaborated are immediately available for being analyzed against the real information, closing the loop between planning-analysis-monitoring.<\/p>\n

In addition, BOARD facilitates user interaction<\/strong> through an advanced interface, allowing users to create, customize and maintain BI and CPM applications in an agile way without requiring prior programming skills.<\/p>\n

This makes the task of creating reports or analysis simple and functional.<\/p>\n

In short, it provides a robust solution to manage key processes such as:<\/p>\n