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 7.5, while Planful is ranked #16. Board International holds a 5.5% 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

1,265 Views
880 Comparison Views

94% willing to recommend

Planful

Read 2 Planful reviews

786 Views
431 Comparison Views

100% willing to recommend

Board

Planful

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Board and Planful based on real PeerSpot user reviews.

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed Board vs. Planful Report (Updated: October 2024).

Buyer's Guide

Board vs. Planful

October 2024

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Helped 816,636 peers since 2012

Categories and Ranking

Board

Ranking in Business Performance Management

10th

Average Rating

8.4

Reviews Sentiment

7.6

Number of Reviews

Ranking in other categories

BI (Business Intelligence) Tools (23rd), Reporting (20th)

Planful

Ranking in Business Performance Management

16th

Average Rating

8.0

Number of Reviews

Ranking in other categories

Financial Close Software (19th)

Mindshare comparison

As of November 2024, in the Business Performance Management category, the mindshare of Board is 5.5%, down from 6.0% compared to the previous year. The mindshare of Planful is 2.5%, down from 3.0% 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

"It allows people to quickly create dashboards with reports."

"The ability to create a data model and have it in testing within a week is fantastic."

"The most valuable features are the reporting and the charts. The reporting functionality is handy for aggregation, when it comes to planning. That ability is fascinating and our users are very happy with it. The charts and the reporting allow our users to see all the data and to see how things are going this year or in the COVID situation. They're seeing everything. Instead of having to check data line by line, they're seeing it in a graph and they're seeing it in charts."

"Our clients have improved a lot in terms of coordination and communication. This has improved their internal performance."

"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."

"Primary valuable features are its flexibility and versatility and, obviously, functionality goes along with that. Plus, it does that at a small footprint in the file servers, and does it very efficiently."

"The reporting part has been very valuable as the capabilities of the tool do not have to change graphs, change how grids are displayed, and can create reports on the fly."

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

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

"Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules."

"We have had some challenges with newer version of the rollout in terms of stability."

"One thing that I personally would like to see is additional visualization tools for visuals."

"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."

"We are looking at ways to improve how we deal with security in BOARD and other similar things. "

"One of the things that I would like to see is the ability to have a rule directly referenced on the cubes."

"It can have more functionality for narrative reporting. They should also improve their training courses, which are currently very lightweight. When you get into more complex things, it is quite difficult to figure out what you're supposed to do, and you have to look at a lot of videos before you actually understand, which is a bit frustrating. Their training can be more comprehensive."

"We are looking for ways to distinguish zeros versus nulls in BOARD."

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

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

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

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

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

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

"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

14%

Financial Services Firm

12%

Manufacturing Company

Healthcare Company

Computer Software Company

16%

Healthcare Company

11%

Manufacturing Company

10%

Financial Services Firm

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 29% of the time

SAP Analytics Cloud vs Board

Compared 13% of the time

Oracle Hyperion vs Board

Compared 12% of the time

IBM Planning Analytics vs Board

Compared 9% of the time

More Board Competitors

Anaplan vs Planful

Compared 47% of the time

Adaptive Insights vs Planful

Compared 19% of the time

Jedox vs Planful

Compared 19% of the time

More Planful Competitors

Product Reports

Buyer's Guide

Board

November 2024

Download Board product report

Buyer's Guide

Business Performance Management

November 2024

Download Planful product report

Also Known As

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Learn More

Board International

Planful

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.

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.

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

October 2024

Free Report: Board vs. Planful

Find out what your peers are saying about Board vs. Planful and other solutions. Updated: October 2024.

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816,636 professionals have used our research since 2012.

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We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.