Board vs Planful comparison

Board International and Planful are both solutions in the Business Performance Management category. Board International is ranked #10 with an average rating of 7.7, while Planful is ranked #16. Board International holds a 6.4% mindshare in BPM, compared to Planful’s 2.5% mindshare. Additionally, 94% of Board International users are willing to recommend the solution, compared to 100% of Planful users who would recommend it.

Board

Read 36 Board reviews

1,115 Views
779 Comparison Views

94% willing to recommend

Planful

Read 2 Planful reviews

761 Views
416 Comparison Views

100% willing to recommend

Board

Planful

Comparison Buyer's Guide

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Executive SummaryUpdated on Dec 19, 2024

Board and Planful are competing solutions in the financial planning and analytics space. Board seems to have the upper hand due to its robust data analytics and forecasting capabilities.

Features: Board provides integrated business intelligence, advanced forecasting abilities, and comprehensive data analytics features. Planful focuses on streamlined budgeting cycles, efficient financial consolidations, and user-friendly budgeting management.

Ease of Deployment and Customer Service: Board presents a flexible deployment model supported by a robust system, requiring technical expertise. Planful offers a simpler user setup but could benefit from improvements in customer service responsiveness.

Pricing and ROI: Board's higher initial setup cost matches its advanced analysis capabilities, while Planful's pricing aligns with a quicker return on investment, appealing to budget-focused users. No specific pricing details available.

To learn more, read our detailed Board vs. Planful Report (Updated: March 2025).

Buyer's Guide

Board vs. Planful

March 2025

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Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Categories and Ranking

Board

Ranking in Business Performance Management

10th

Average Rating

8.4

Reviews Sentiment

7.1

Number of Reviews

Ranking in other categories

BI (Business Intelligence) Tools (24th), Reporting (20th)

Planful

Ranking in Business Performance Management

16th

Average Rating

8.0

Reviews Sentiment

6.9

Number of Reviews

Ranking in other categories

Financial Close Software (19th)

Mindshare comparison

As of March 2025, in the Business Performance Management category, the mindshare of Board is 6.4%, up from 5.4% compared to the previous year. The mindshare of Planful is 2.5%, down from 3.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management

Featured Reviews

Wiboon Thabsuwan

Senior Consultant at IMD Company Limited

Easy to use and requires less time to learn or understand its features

I think the product is good in terms of ease of use. The interface looks really nice and very easy to use. Every command appears in the icon. It looks like you don't have to understand everything about the command. You do not necessarily have to know more, or I would say that there is less time for our study about the products. Functionality-wise, it is quite easy to use and requires less time to understand or learn about the product. I am a software vendor, so I do not use the tool myself. I use it for my clients. My clients mostly use it for budgeting and timing purposes. I would say that's really less maintenance at all because they can do everything by themselves. It is good in terms of ease of use.

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reviewer1110591

Financial Planning & Analysis - Finance Manager at a engineering company with 501-1,000 employees

It has helped us speed up the turnaround time on our consolidation, and we haven't had anything come up that the program has not been able to solve

The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools. The application that we use today for our BI tools is Tableau. That's how people absorb information. We don't really use the functionality or dashboards within Planful because of the robustness of Tableau. That's our single source of data. If Planful was better or more comparable in terms of features and functionality, we could probably leverage that in Planful.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"All the reports are prepared automatically."

"The aesthetics of it are really nice. That is what attracted us to BOARD: the ease and functionality of it."

"The ease of being able to get the data into BOARD is what makes it nice for people with a semi-IT background."

"With the combination of 24/7 global support and their community, there was great customer service, tech support, and community support."

"The ability to do write back and visualization, with minimal IT development orientation."

"Where it used to take me three days at the beginning of the year to create the new financial statement, now it is a matter of minutes because all the data is in the system."

"I think it's flexible. I chose this solution because, even though it wasn't out-of-the-box, you can customize it, and the long-term growth potential of the software is where I see the value."

"What is very valuable is the ability to customize. We didn't see a solution out there that really matched exactly what our functional requirements would be. So we were able to work with New Brain, our integrator, and we were able to build from the ground up what we wanted, and I think that's pretty unique to BOARD."

More Board pros

"It has helped us speed up the turnaround time on our consolidation. We don't have to do reporting in Excel anymore, which has cut down on the errors and the efficiency of our close time."

Cons

"It would be nice to have more connectors for other data sources. BOARD is a great tool to become the single source of the truth. Making it easier to connect data sources for niche software tools will make it easier to keep everything in one place."

"It would be huge in the future if BOARD offered a lot more graphs and presentations, and it was a lot easier to use."

"The setup was a bit complex."

"It would be nice to be able to host your site and actually have BOARD be the driver of your site. So you could have anybody in your organization go to www.myorg.com, for example, and then go through what you allow them to go through. So rather than having to go through the application, to be able to go to actually host it to a website."

"We would like to see better logging in the procedural world."

"It would be nice to see truly transferable processes from model to model, as well as a method of building repetitive processes."

"It needs more export to Excel functionality. Right now, we're having to build within the cloud-based platform, as well as build within the Excel add-in, because the export to Excel is somewhat ugly."

"I would like to see a better Web client, where the controls work the same way as in the Windows client. I do think that the focus is now on the Web, so it should be improved upon."

More Board cons

"The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools."

Pricing and Cost Advice

"In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."

"The tool's price is a bit high compared to other solutions."

"It is not the cheapest product on earth, but you get so much. It provides good value for money."

"Find a partner who will take responsibility for the implementation, and be available for support."

"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."

"Right now, everything is on a three-year term contract, and that is our main cost."

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Top Industries

By visitors reading reviews

Computer Software Company

13%

Financial Services Firm

12%

Manufacturing Company

10%

Insurance Company

Computer Software Company

16%

Manufacturing Company

11%

Financial Services Firm

Healthcare Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

Is Board better than Anaplan as a Business Intelligence (BI) solution?

We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and simu...

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What do you like most about Board?

All the reports are prepared automatically.

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What needs improvement with Board?

Some of my company's customers are interested to see the predictive analytics part of the tool. Some customers would like to leverage or prioritize predictive analytics as the main feature, but som...

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Comparisons

Anaplan vs Board

Compared 30% of the time

Pigment vs Board

Compared 13% of the time

SAP Analytics Cloud vs Board

Compared 10% of the time

Oracle Hyperion vs Board

Compared 9% of the time

More Board Competitors

Adaptive Insights vs Planful

Compared 32% of the time

Jedox vs Planful

Compared 29% of the time

Anaplan vs Planful

Compared 23% of the time

More Planful Competitors

Product Reports

Buyer's Guide

Board

March 2025

Download Board product report

Buyer's Guide

Business Performance Management

March 2025

Download Planful product report

Also Known As

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Overview

BOARD International - headquartered in Switzerland - is a leading global provider of software for improving business results through better decision making. By unifying Business Intelligence and Corporate Performance Management into a single product, BOARD enables companies to achieve a shared vision of their performance across the entire organization, and thus a single version of the truth.

BOARD provides seamless solutions for • Reporting & Analysis • Budgeting, Planning & Forecasting • Profitability Modelling & Optimization • Simulation & What-if-Analysis • Scorecarding & Strategy Management • Financial Consolidation. Based on visual modelling, BOARD has enabled global companies to deploy BI and CPM applications without a single line of code in a fraction of the time and cost associated with traditional solutions.

Board International

You need a financial planning solution that meets the structured demands of standardized financial planning and reporting requirements and regulations. Structured Planning with Planful automates labor-intensive planning activities in a complete cloud-based platform – giving your finance team control, consistency, and confidence in corporate financial plans.

Planful

Sample Customers

Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB

Tandem Diabetes Care, Reed Exhibitions, SkyGolf, Zep Inc., Thule, Stylesight, Schumacher Group, Parsons Electric, Nextag, Groupon

Buyer's Guide

Board vs. Planful

March 2025

Free Report: Board vs. Planful

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