Names matter, especially when they describe how finance teams actually work.
That’s why we’re making a small change that better reflects how many of you use Board.
As of today, we’re renaming our solution area from Consolidation and Reporting GCR (Group Consolidation & Reporting) to FCCR (Financial Close, Consolidation, and Reporting) to better reflect the capabilities you rely on, especially as we prepare for the upcoming launch of our FP&A and Controller AI agents.
As part of this update, the use case currently known as Group Consolidation and Reporting (GCR) will be renamed Financial Consolidation and Reporting (FCR).
This is a name change only. There is:
- No impact on your current setup
- No change to access, data, or functionality
- No change to contracts, pricing, or roadmap
You’ll simply see the new names FCR or FCCR reflected in the user interface, documentation, and related materials going forward.
FCR represents the natural evolution of GCR—rebuilt on the latest Board Platform with an optimized UX/UI to provide access to the latest financial consolidation capabilities.
Pricing and upgrade entitlements remain unchanged. Please note that FCR is applicable on Board version 14.5 or higher. It is recommended that customers upgrade to the latest version of Board to take full advantage of the latest features and functionality.
This update better reflects Board’s financial close, consolidation, and reporting capabilities—now and in the future—and aligns with how finance organizations commonly describe this process.
To keep things easy, we’ve added a short FAQ below that covers what’s changing and, just as importantly, what isn’t.
No action is required from your side. If you have any additional questions, we’re here to help.
FAQ:
1. What is changing?
We are changing our solution area name from Consolidation & Reporting to FCCR (Financial Close, Consolidation & Reporting). As part of this solution area name update, the solution currently known as Financial Consolidation (GCR) is now renamed Financial Consolidation and Reporting (FCR).
2. What’s the reason for this change?
The name FCCR more accurately reflects:
- The comprehensive close, consolidation and reporting process supported by Board now and in the future.
- Our expansion into richer reporting, compliance, and automation capabilities with new UX/UI to align with FP&A assets and FlexGrid in specific areas to enhance user experience.
- The terminology used by CFOs, Controllers, auditors, and global finance teams.
3. Will anything change in the user’s experience?
No. This is a name change only for the FCR use case and our product formerly called Group Consolidation and Report (GCR) — nothing functional is changing. The only changes customers will notice:
- UI labels updated to FCR
- Navigation/menu name changed
- Updated terminology in documentation
- Updated screenshots and icons
4. Does this impact pricing, licensing, or contracts?
No. All agreements and entitlements remain unchanged.
5. Will user access, roles, integrations, or data be affected?
No. Functionality will continue to work exactly the same as it does currently.
6. When will we see this change?
The rename is effective from January 20, 2026. New Customers will see FCR in the UI and documentation starting from that date. Existing GCR customers must upgrade the solution (requesting the package via ticketing system) to see the updated UX with the renamed FCR use case. Please note that Board 14.5 is required.
7. Do we need to take any action?
Customers that want to upgrade to FCR need to open a ticket and request the update package.
8. Are there any use case changes or roadmap updates tied to this change?
No. The FCR introduces new features but please refer to the release note will make available post launch. The roadmap remains the same.
9. Do audit or compliance workflows change?
No. All audit trails, controls, and reporting logic remain exactly the same.
