BOARD Toolkit/Toolkit Approach

BOARD’s toolkit approach makes it possible to create customized BI & CPM solutions without programming. Any application can be built using “Drag&Drop” and the configuration of objects automatically synchronizes data.

Budgeting, Planning & Forecasting (BP&F)

The combination of activities relating to financial and operational planning which take place within an organization.

Business Intelligence (BI)

Uses technologies, processes, and applications to analyze mostly internal, structured data and business processes to support decision-making. Common functions are reporting, online analytical processing, analytics, data mining, process mining, complex event processing, benchmarking, text mining, predictive analytics, and prescriptive analytics.

CAPEX

Short for: Capital Expenditure. This is expenditure which creates future benefits. It is incurred when a business spends money either to buy fixed assets or to add to the value of an existing asset with a useful life that extends beyond the tax year.

Capsules

A Capsule is a collection of screens containing objects such as tables, charts, text notes, images, and dashboards. It is the end-user environment that enables viewing and manipulation of data from a BOARD database.

Container

Containers are objects within BOARD which represent data with more clarity, such as carousels, sparklines, and books.

Corporate Performance Management (CPM)

An umbrella term that describes the methodologies, metrics, processes, and systems used to monitor and manage the business performance of an enterprise. Applications that enable CPM translate strategically focused information to operational plans and send aggregated results. These applications are also integrated into many elements of the planning and control cycle. CPM must be supported by a suite of analytical applications that provide the functionality to support these processes, methodologies, and metrics.

Cost-Benefit Analysis

A type of analysis which compares the costs of an organization’s activities with the output. Costs can also be forecasted and optimized if a capable analysis and forecasting system is in place.

Cubes

A multidimensional database uses cubes. The cube’s cells contain data values and its dimensions represent the possible perspectives on data (e.g. a “sales” cube contains sales values in its cells and can be viewed by dimensions like product, geography, time, etc.).

1 2 3 4 10