QUANTRIX Business Planning :: Financial & Business Plan Modelling
In a turbulent economic climate where Resources, Credit, Cash Flow, and Capital are all in short supply the ability to instantly assess the impact that changes to the following variables will have on your business is absolutely vital:
Currency
Interest Rates fluctuations
Reduced Funding
Price Increases
Price Decreases
Borrowing
R&D Investment
Capital Investment
More importantly any business needs to know the bottom line impact that the decisions it takes will have on their business.
Obviously the larger the organization, the harder it is to see things clearly, anything that improves visibility is vital. Making a small tweak in pricing could deliver millions to the bottom line. Despite the millions invested in large ERP systems many organizations still don't manage stock, resources effectively and personnel correctly. Millions could be saved through further optimisation.
The Banking, Retail, Property, Investment, Construction, Engineering, Motor Industry, and Manufacturing sectors are all faced with a calamitous fall in demand.
The larger an organisations size, the slower it can be to react to change, sometimes with fatal consequences. Simply the sheer amount of data that larger companies have to assimilate makes the decision making process inherently cumbersome.
I recently read some very interesting case studies from businesses that had made a decision to switch to one of our products Quantrix. My interest was centred on the fact that these examples focussed on the hard facts, actual numbers that highlighted the real impact of the software.
Just take a couple of minutes to read through how these businesses budgeting and forecasting processes were transformed by using Quantrix....
"A Quantrix customer in the Insurance industry recently consolidated more than 70 individual spreadsheets into one Quantrix model to streamline its financial forecasting and budgeting process. The consolidated model contained information on 30 companies, each with approximately 2,500 general ledger accounts. It included 19 departments operating in eight currencies, providing information across 15 quarters of data. The new model calculated across 44 million cells using only 359 formulas -- the same model in a spreadsheet requires 20 million formulas. That is a huge savings in time just for calculations alone. In addition, the company's financial professionals can quickly and easily reply to Main Board queries that were all but impossible to answer using its spreadsheet-based tools".
"Another Quantrix customer in the global energy industry needed to forecast a broad range of financial domains including sales, revenues, and energy purchasing costs in a highly volatile market. In migrating to a Quantrix model, the company has a dynamic risk management platform for identifying and mitigating risk exposure, and its cycle for updating a forecast was reduced from weeks to only hours. That gave the company an edge in making better decisions, and it improved its profitability. The company says it is much more efficient, and can do more, much faster, with fewer resources and at significantly less cost".
I'm often asked "OK so what will an investment in Quantrix deliver for my business in real tangible terms" That's why I found these articles really compelling.