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Board vs Planful vs Prophix comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Mindshare comparison

As of April 2026, in the Business Performance Management category, the mindshare of Board is 5.0%, down from 6.4% compared to the previous year. The mindshare of Planful is 3.5%, up from 2.5% compared to the previous year. The mindshare of Prophix is 2.6%, up from 0.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Mindshare Distribution
ProductMindshare (%)
Board5.0%
Planful3.5%
Prophix2.6%
Other88.9%
Business Performance Management
 

Featured Reviews

reviewer2645016 - PeerSpot reviewer
Manager, Software Delivery at a financial services firm with 10,001+ employees
Offers flexibility in design and saves time in budgeting and forecasting processes
I find Board to be simple and easy to use. It offers significant flexibility in designing solutions. The system overall is very useful, with many capabilities that provide flexibility. Our budgeting and forecasting processes support around three hundred twenty users who would otherwise rely on Excel, making Board invaluable for saving time.
reviewer1110591 - PeerSpot reviewer
Financial Planning & Analysis - Finance Manager at a engineering company with 501-1,000 employees
It has helped us speed up the turnaround time on our consolidation, and we haven't had anything come up that the program has not been able to solve
The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools. The application that we use today for our BI tools is Tableau. That's how people absorb information. We don't really use the functionality or dashboards within Planful because of the robustness of Tableau. That's our single source of data. If Planful was better or more comparable in terms of features and functionality, we could probably leverage that in Planful.
it_user287946 - PeerSpot reviewer
Managing Director at a tech services company
Easy to use and cloud-ready, helps me manage my business
Increased margin on products Easy to use Rich functionality Complete corporate performance management solution Based on modern technology Cloud-ready All of them allow me to manage my business. BI analytics Few related Ad Hoc Analyses in one window Sorting and filtering in Data View More…

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"BOARD technical support is knowledgeable and helpful."
"With the combination of 24/7 global support and their community, there was great customer service, tech support, and community support."
"​Our data is now more structured. Between our data warehouse and BOARD, which are both brand new, we now have a more structured data view with more accurate, timely data."
"The ability to create a data model and have it in testing within a week is fantastic."
"We use it across our entire business; we use it for financial data, inventory data, sales data, and inventory transaction data, and it is performing very well."
"Without actually programming, you can develop a workflow and solutions for a lot of things."
"All the reports are prepared automatically."
"We have better reporting and have been able to better track performance."
"I believe the ROI is very high."
"Planful has probably cut our time in half, given that we can now leverage the cloud-based services to interact with our subs for getting their forecast inputs."
"It has helped us speed up the turnaround time on our consolidation. We don't have to do reporting in Excel anymore, which has cut down on the errors and the efficiency of our close time."
"The biggest achievement is that now we do not have to use spreadsheets"
"Customer Service: It's excellent."
"The time saved by building variables to drive accounts inside the budgeting system, along with balancing accounts to spread increases or decreases based on different accounts or versions, more than makes up for the pricing of the software."
"It has enabled us to cut the budgeting process by 50% as well as making the budgets more acute."
"The ability to budget on individual levels, i.e. by person for payroll, by vehicle for transportation, etc."
"I would say US$80K/year as it has automated the process and saved us from hiring a new analyst."
"Words can’t express how much our company benefited from using this product."
"Easy to use Rich functionality Complete corporate performance management solution Based on modern technology Cloud-ready All of them allow me to manage my business."
 

Cons

"It needs improvement in the areas of sales, credit, and supply chain."
"The product can be improved by making it possible to know where cubes are used."
"Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules."
"Some of our users are still using an MS Office add-in for Excel for certain calculations, and when they export from Board, some of the values, some of the totals and column names, are not coming through into Excel."
"The Windows client is a different story. It's not scalable at all, so we decided to go with the Web."
"Some of our users are still using an MS Office add-in for Excel for certain calculations, and when they export from Board, some of the values, some of the totals and column names, are not coming through into Excel."
"​My analysts have used the technical support. Sometimes they have felt like they did not receive the answer that they needed, or you have to go and upgrade in order to address a problem. ​"
"The issues that we have with Board are small."
"The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools."
"Some of the behind the scenes processing for the simulation engines has a learning curve to use in that there are certain changes that need to happen for the reporting to be "Live"."
"The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results."
"BI analytics Few related Ad Hoc Analyses in one window Sorting and filtering in Data View"
"The process speed and integration with sources of transaction detail needs work."
"Areas where you load your CapEx still need a lot of improvements. The Excel add-in is not as good as Hyperions."
"With the report writing there are some issues."
"The user interface could be improved as it is not an intuitive product for every type of user."
"I think the mobile capabilities could be improved."
"At times, Prophix would crash if too many files were open."
"There were problems in a certain version with the speed, but they have fixed this in later versions."
 

Pricing and Cost Advice

"The tool's price is a bit high compared to other solutions."
"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
"​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
"Find a partner who will take responsibility for the implementation, and be available for support."
"It is not the cheapest product on earth, but you get so much. It provides good value for money."
"Right now, everything is on a three-year term contract, and that is our main cost."
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Top Industries

By visitors reading reviews
Manufacturing Company
9%
Construction Company
9%
Financial Services Firm
8%
Insurance Company
8%
Computer Software Company
15%
Construction Company
11%
Comms Service Provider
7%
Financial Services Firm
7%
Construction Company
24%
Computer Software Company
14%
Educational Organization
11%
Performing Arts
9%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business13
Midsize Enterprise12
Large Enterprise8
No data available
By reviewers
Company SizeCount
Small Business3
Midsize Enterprise3
Large Enterprise4
 

Questions from the Community

Is Board better than Anaplan as a Business Intelligence (BI) solution?
We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS ge...
What needs improvement with Board?
Board's integration could be a bit more robust, but what we have works. If the design isn't right, the flexibility of...
What is your primary use case for Board?
Our organization primarily uses Board ( /products/board-reviews ) for budgeting and forecasting.
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Comparisons

 

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Overview

 

Sample Customers

Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
Tandem Diabetes Care, Reed Exhibitions, SkyGolf, Zep Inc., Thule, Stylesight, Schumacher Group, Parsons Electric, Nextag, Groupon
Solarcentury, Swan Mill Paper Company, Interstates Companies, First Medical Health Plan, Community Physician Network, AAA Southern New England
Find out what your peers are saying about Anaplan, Oracle, IBM and others in Business Performance Management. Updated: March 2026.
885,667 professionals have used our research since 2012.