Financial Modelling Software to plan way through Financial crisis
There is a low cost cost-effective solution to replace desktop spreadsheets. It's QUANTRIX a desktop solution for the real world MXI Software that helps clients to implement the multi dimensional Quantrix Modeller. It can replace most or all (depending on how it's used) of the difficulties that organisations face in budgeting, forecasting, sales & operations planning as part of a repetitive collaborative business process.
This is particularly important in planning, budgeting, forecasting and modelling. The business intelligence integrator, DataPush helps companies to automatically push data from Quantrix models to databases or business applications. DATA Push feature is useful when people want to do integrated business planning, cash flow, scenario testing and "what if".
This speed of analytic capacity is vital to city's key financial thinkers in planning the way out of the current financial morass. That's why we are running a seminar in Dublins IFSC on March 11th to demonstrate this innovative planning advantage.
Priority QUANTRIX Registration: March 11th IFSC Jurys Inn
Research on this topic shows that corporations engage in multiple, parallel planning activities: there are sales plans, operations and demand plans, transportation plans, marketing plans etc. Most don't formally integrate the results of these plans. The closest thing to an integrated plan is the annual budget and the periodic updates. However, there are at least two important issues that prevent spreadsheet-based budgets from being a useful integrated business plans. First, since budgets are mainly concerned with money, much of the non-financial operating detail is omitted - limiting the budget's usefulness in supporting non-financial planning. Quantrix Modeller enables companies to keep track of "things" (headcount by grade, units of bar stock, minutes of machine time, consulting hours and so on) as they construct their models and share this data.
The problem with rolling up and consolidating data from multiple sources in desktop worksheets is that the connection is indirect and not necessarily co ordinated. DataPush addresses this. When changes occur that require an update, DataPush will send out updates of specific pieces of a plan out to every other planning unit (such as a department, division, business unit, etc.). Formally linking the models ensures that accurate, synchronized and up-to-date information is used by all parts of the business. The data also can be pushed into ERP systems, databases or other information sources that can use this data to prepare reports or drive other analyses.
Quantrix launched DATABAV for BI Business intelligence in 2009. MXI research indicates this is a strong business intelligence tool at a new price point level with excellent query, analysis and visualization capabilities to strenghten the core Quantrix Modeller.
This the next move for companies seeking to reduce cost in this area, increase output, put new performance monitoring metrics in place. Forecasting, Modelling, planning, business intelligence, sales & operations planning, budgeting cost can be greatly reduced for planning teams. As well as providing methods for rapid query and analysis with neat navigation and visualization.
Contact MXI Software
Contact MXI Software