Case Study: Velcro Companies achieves faster monthly close and streamlined global planning with Board

How Velcro Companies Brings its Global Business Together

Velcro Companies, the US-based textile manufacturer behind the Original VELCRO® Brand fastener, was operating as a siloed organization with inconsistent regional planning and forecasting processes. Using Board’s Enterprise Planning Platform, the company set out to create a single source of truth and improve collaboration across finance and executive teams.

Board helped Velcro Companies standardize financial processes, align assumptions, and speed up reporting with an easy-to-use platform for users of different technical skill levels. The results were significant: the finance team now delivers budget impact details to executive leadership in just 10 minutes, has cut out about a full day of data-gathering work, and supports a faster monthly close with more time for strategic planning.

Velcro Companies

Tony DiFloures

Senior FP&A Manager