Quantrix Modeller - What can you do with it? How is it used
Everyday people ask what else can we do with
Quantrix Modeller. Most people are familiar with the usual uses, budgeting and forecasting, rolling financial projections. Preparing the headcount, personnel budget, scheduling pay increases are easily done and much more quickly than in a two dimensional spreadsheet. It's much easier using its greater depth to project Capital Planning budgets. The real power of Quantrix reveals itself when getting into the assumptions testing and the hard numbers required to test models that are driver based and required real advanced planning.
Models that may take several months to build properly in a spreadsheet can be put together in a matter of days in Quantrix. The extra functionality and dexterity in Quantrix really shows in large Budget planning exercise. Directors can ask really complex questions about the business operations and really plan. Most companies know the metrics for their business but cannot tie it all together for their advantage.
In Sales planning for example can most companies tell you what the optimum price for a good or service is based on the number of enquiries & web visits and their sale conversion ratios, Quantrix can. Then test the effect of dropping the price, reducing marketing, increasing headcount immediately to see what impact that has on cashflows, margins, cash requirements, logistics consequences. And change exchange rate, interest rate assumption simultaneously. And then having reviewed the answers, try another scenario immediately knowing absolutely that the answers are correct and error free. That is the power of Quantrix.
With Quantrix millions of cells of data are working effortlessly to drive your organisation forward. Most spreadsheet users know that 5 year old spreadsheet is likely to be full of errors. This process is way beyond a normal budget which in most organisations is a static set of numbers adjusted a few percentage points over the previous year's figures tediously produced with great reluctance by the head of department.
A great way to see Quantrix in action is take the forecasting challenge where we will take your information and come back with a fully operational Quantrix application for you to see impacts on FX etc has on your forecasts. Find out more: Quantrix