International company WD-40 Company has selected the Board platform to enhance its Financial Planning & Analysis (FP&A) capabilities. This collaboration is part of an initiative to modernise financial processes, aimed at strengthening planning, reporting and data analysis to support more agile decision-making.
Through this initiative, WD-40 Company aims to gain better visibility into its performance, improve the reliability of its forecasts and facilitate the management of its business in a constantly evolving economic environment.
WD-40 Company, a recognised international group
Founded in 1953 in the United States, WD-40 Company is a global company specialising in care, maintenance and protection products. It is particularly known for its flagship product, WD-40 Multi-Use Product, used by millions of consumers and professionals worldwide.
Present in many countries, the company now develops a diversified portfolio of brands for consumer, industrial and professional markets. Its international growth is driven in particular by innovation, operational efficiency and increasingly structured management of its operations.
A strategic evolution of FP&A practices
By selecting Board, WD-40 Company aims to strengthen its financial planning practices by leveraging a platform capable of connecting data, analytics and performance management processes.
This evolution should enable finance teams to gain greater visibility into key indicators, improve forecasting cycles and better support the organisation's strategic decisions.
The objective is also to foster a more collaborative approach to planning, giving different teams a shared view of performance and future prospects.
Board supports a new phase of financial transformation
For Board, this new project illustrates the growing interest among large companies in performance management solutions capable of addressing the current challenges faced by finance departments: speed of analysis, data reliability and adaptability.
In this transformation, Board is supported by Quisitive, a technology partner involved in the project, to support the implementation of the solution for WD-40 Company teams.
This collaboration marks a new milestone in the digital transformation of WD-40 Company's finance function, with the ambition of enhancing the quality of its analyses and its decision-making agility.
source: Board
