Board Introduces AI Agents for Finance Departments, Unified Planning Platform
Board has launched new AI agents aimed at elevating finance departments into strategic drivers. The enhancements deepen Microsoft 365 integration and unify financial and operational forecasting on a single platform.
Business and analytics firm Board announced its new Office of Finance AI Agents, designed to transform finance departments from a reporting function into strategic drivers of growth.
The new FP&A (Financial Planning & Analysis) Agent and Controller Agent are intended to reduce manual effort for finance teams. The FP&A agent streamlines tasks such as three-statement modeling, variance analysis, and revenue and margin planning. The Controller Agent extends these capabilities to financial close, consolidation, and reporting, aiming to accelerate processes and ensure data reliability.
Board has also deepened its integration with Microsoft 365. This allows users to continue working in Excel while remaining connected to governed enterprise data and business logic. This enhanced integration, combined with the Board Flex Grid feature, offers a familiar Excel environment connected to centralized corporate data, reducing reliance on unmanaged, separate spreadsheets.
The company has further unified financial and operational planning on a single platform to improve forecasting. Following its 2024 acquisition of Prevedere, Board now utilizes AI-driven econometric forecasting, combining internal metrics with over 5 million external economic data points to improve forecast accuracy. The company also announced expansions to its operational forecasting capabilities to support decision-making at the execution level.