Board, the global provider of Intelligent Planning Solutions which help firms plan smarter, announced that its customer KPMG has won the 2022 Ventana Research Digital Leadership Award for the Office of Revenue category using Board’s Intelligent Planning for Finance.
The Ventana Research Digital Leadership awards recognize organizations and individuals who utilize technology to advance business and IT. The 15th Annual Digital Leadership Awards showcase the leadership and use of business applications or technology that contribute significantly to the improved efficiency, productivity, and performance of the organization.
How did KPMG leverage Board’s solution?
KPMG realized that forecasting inputs were complex and wanted to transform forecasting to build agility and resilience into its financial planning processes. It was crucial to build a flexible digital finance organization that could contribute to the secure management of the company.
KPMG tapped Intelligent Planning from Board to enable early warnings through immediate reporting of deviations, focused on three items – revenue, expenses, and FTEs, which is a departure from traditional forecasting, and enables a shift to forward-looking scenarios.
KPMG’s digital finance organization, strengthened by the use of Board’s Intelligent Planning software, makes finance data available with an efficient end-to-end process throughout the value chain enabling Financial Controllers to become true partners to the business.
What were the stakeholders’ thoughts on the recognition?
“We are delighted to help revolutionize KPMG’s planning and forecasting processes with our proven Intelligent Planning for Finance. Our team would like to congratulate and thank them for their partnership and trust in Board,” said Marco Limena, CEO at Board International.
“Board has been a genuine partner and integrated part of our team from day one. Their team has always worked to ensure we not only have a world-class technology but also business best practices to help manage our business,” said Ralph Schatten, Finance Director at KPMG.
“Congratulations to Ralph Schatten at KPMG and Board for receiving the 15th Ventana Research Digital Leadership Award, and for the leadership in advancing the use of tech for impactful outcomes,” said Mark Smith, CEO and chief research officer of Ventana Research.