Board Customers Achieved 335% ROI, Study Finds
A new Total Economic Impact study by Forrester Consulting found that Board customers achieved a 335% return on investment with a payback period under six months.
Customers using the Board Intelligent Planning Platform have achieved a 335% return on investment (ROI) with a payback period of less than six months, according to a Total Economic Impact study by Forrester Consulting released in September 2023.
The study, commissioned by Board, interviewed customers to assess the platform's financial impact. One interviewed customer reported an estimated time savings of 5,000 hours per month. The analysis also projected a net present value of $57.06 million in customer benefits over three years.
Forrester Consulting's Total Economic Impact studies aim to justify the business value of technology investments. The research synthesized customer feedback into a composite organization representing a typical user of the Board platform.
Board provides intelligent planning solutions used by over 2,000 organizations globally. The company states its platform integrates strategy, finance, and operations planning to improve decision-making and performance management.