You have just lost a major customer and Bank of England raises interest rates by 0.5%. How quickly can you model the impact on your business and review potential scenarios to mitigate?

In a survey run by FSN, they found that more than 70% of CFO’s reported that their organisations are still heavily reliant on complex, undocumented, inflexible and slow business applications (typically spreadsheets or legacy technology). The result is that, when faced with demands for impact analysis, risk mitigation and revised plans, finance professionals struggle to produce sufficient information to facilitate optimal decisions. This is limiting the value-add of FP&A.

Attend this webinar to learn how the BOARD platform replaces the traditional methods that are holding finance teams back from facilitating greater business agility.

This session will explore how BOARD may be applied to an FP&A process to:

• Deliver effective scenario forecasting, e.g. model cost of capital, the impact of losing a major customer or improving Debtor Days/Creditor Days
• Give you a true picture of customer/product profitability, helping you understand individual customer value
• Allow for immediate re-forecasting based on changes to business drivers
• Speed up your month-end close and monthly management reporting
• Provide powerful workflows to automate, validate and control business processes and monitor their progress