Telegraph Media Group adopts Board platform for budgeting and forecasting

London – Telegraph Media Group (TMG) has implemented the Board Intelligent Planning Platform to digitalize its financial processes. The new solution replaces previously used manual, spreadsheet-reliant systems that were prone to errors in budgeting, planning, and forecasting.

Prior to implementing Board, TMG’s finance department struggled with a multitude of interlinked spreadsheets. The significant manual effort required for data collation and consolidation left less time for value-added analysis, leading to slow and error-prone budgeting cycles.

"We were spending a huge amount of time creating and updating those spreadsheets," stated Rebecca Peach, Financial Reporting and Planning Manager at TMG. "They were inefficient, didn’t allow multiple users to work simultaneously, and were very fragile. That was definitely the catalyst for thinking we couldn’t proceed like this."

The Board platform offers a single, unified solution that consolidates data and reporting capabilities, enabling more structured financial analysis, faster planning, and more accurate forecasting. Finance Director Andy Nash uses the platform regularly to track performance against budget and forecasts, leveraging the data for resource planning and strategic decisions regarding advertising focus for the coming year.

TMG now utilizes the same model for everything from weekly and monthly reporting to forecasting and budgeting. This single source of truth ensures all parts of the business are aware of performance and progress towards targets.