Budgeting & Planning

Companies spend too much time on data accumulation, verification, and reconciliation. This is simply lost time, money, and resources. Instead, they should be focusing their efforts on improving business processes, spotting opportunities, and contributing to strategy. Digital transformation and digital ledger technology work hand-in-hand to make this happen.​

“What used to take me 3 days, now takes me 15 mins with Boardwalk” -Senior Director

Financial Budgeting & Planning Challenges

The traditional budgeting process is broken. It takes a long time, costs too much, and consumes too many resources. Plus, it’s fixed and inflexible, and can quickly become irrelevant.
Manual Exchanges
Exchanging budgeting and planning information has traditionally been done by emailing spreadsheets between process participants. Using email to work through plan iterations is difficult at best
Limited Cycles
Consolidating input from planning participants and systems is time consuming and results in a prolonged planning process. This means you can have only a minimal number of planning iterations to develop and agree upon a final plan​
Data Integrity
The traditional manual method of cutting and pasting sections of the plan for different participants and emailing them out often produces many errors and omissions
Organizations can embrace digital ledger technology to address these challenges and increase productivity. For example, access-controlled inputs from all participants with full provenance helps project and predict how the business will perform and increases trust and data accuracy enabling better decision-making.​

Boardwalk Budgeting & Planning

Using Boardwalk for financial budgeting and planning lets you develop an enterprise quality “single version of the truth” for all your planning data. Whether accessed from Excel or a browser UI, all updates by planners are captured on a digital ledger with full auditability of all changes, so you always know the provenance of every planning decision. And, since all data is managed in the same shared digital ledger, roll ups are automatic shortening planning time from months to weeks.
Support Complex Models
Fully leverage your legacy Excel-based budgeting and planning data models including complex formulas without re-platforming
Multi-Level Planning
Automatically distribute, consolidate, and report planning information across multiple levels within the organization
Connected. Collaborative.
Seamlessly share planning data changes between your system of record and your Boardwalk-driven planning process users with all changes automatically immutably versioned by Boardwalk which means you can verify all updates for your sensitive planning data​
Boardwalk enables a more collaborative budgeting and planning process where users can work in Excel or any UI and get rapidly aligned cutting cycle times by 75%​

Benefits of using Boardwalk for Financial Budgeting & Planning

High Adoption
Since Boardwalk can directly leverage legacy planning environments, adoption is rapid, training is minimal, and the investment in capturing your existing planning process is preserved
Better Planning Data
Reach more participants in the planning process since users can work in isolation and submit their changes when ready to commit
Reduce Cycle Times
Automating the collaboration and consolidation process means budgeting planning cycle times are reduced freeing up employees to focus on activities which improve operational results
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