Boardwalktech Software Corp (“Boardwalktech”), the leading digital ledger platform and enterprise software solutions company, is pleased to announce that existing client HCL Technologies (“HCL”) has expanded its use of the Boardwalk Digital Ledger Platform (Boardwalk) with deployment of a new Budgeting and Planning application to deliver faster and improved results for HCL’s global business.
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This new budgeting and planning solution is the third application developed for HCL Technologies, as this global IT services leader digitally transforms its business processes utilizing the Boardwalk Digital Ledger Platform to enable concurrent collaborative and analytical capabilities for improving business decisions. HCL Technologies will be using Boardwalktech’s platform to enable automated, cell-level, multi-user, concurrent collaboration, consolidation, and rollup of budget and planning processes. HCL anticipates deploying this new budgeting and planning application across its worldwide operations will enable quicker and better budget and planning decision by:
- Improving decisions as people always work on the latest information while collaborating
- Eliminating manual Excel activities such as email attachments, cut and paste consolidation, and distribution of template-based data
- Enabling access control by roles and responsibility, while hardening the process data so users can only change data they are authorized to access
- Ensuring data integrity and consistency by locking down formulas and structures
- Reducing review time spent in understanding who changed what, when and why
- Improving the experience of Excel by reducing the file size and Excel-based calculations that are not reliable/optimal
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“Using Boardwalktech’s concurrent collaborative capabilities, advanced analytics, reporting and secure digital information exchange across the enterprise enables HCL to significantly improve budgeting and planning decision times leading to better business results,” said Andrew T. Duncan, President and CEO of Boardwalktech Software. “The Boardwalk Digital Ledger Platform is in use by some of the largest companies in the world, like HCL, that have realized 3-5% ROI in the first year of deploying Boardwalktech solutions, because the applications can be quickly configured, integrated with the existing enterprise, and deployed using legacy desktop apps, a browser, or a mobile device. Boardwalk’s patented technology delivers on the global demand for secure trusted digital information exchange. ”
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