Case Study: DFE Pharma achieves faster global financial planning with Board

DFE Pharma cuts planning cycle time by 50% with Board

DFE Pharma, a global pharmaceutical manufacturer, faced significant challenges with its complex, spreadsheet-based financial planning. Using multiple ERP systems and managing hundreds of SKUs for thousands of customers globally, their Excel-driven processes were inefficient, prone to error, and could not support advanced forecasting. To overcome these limitations, DFE Pharma partnered with Board to implement its unified Financial Planning & Analysis platform.

By implementing Board, DFE Pharma created a single source of truth that unified rolling forecasting, budgeting, and reporting. The solution integrated data from their various ERPs, enabling driver-based simulations and automating previously manual processes. This resulted in a 50% reduction in budget throughput time, shortening the planning cycle from 16 to 8 weeks, and provided the company with a reliable, forward-looking view of its financial performance.

DFE Pharma