Welcome to the New Era of Financial Modeling
It is time to scale-up your financial model and reduce the workload on data input, it is also time to focus on the output of the financial modeling to help you efficiently make sound business decisions, whether internal or externally.
Now, Why automation?
Before discussing the benefits of the automated financial model, let me ask you:
Is the excel model able to meet your needs?
Is your team able to submit the model on time during busy working days?
Is your team able to focus on important tasks instead of filling and updating your excel model?
If you answer NO to one or all of the above questions, then the “Automated Financial Modeling” is what you need for significant improvement in your business financial strategy.
It helps in providing instant answers and make faster financial decisions with better information; seeing that any changes or adjustments made to your model are automatically updated with all the values and formulas related.
Financial models help enterprises to lower the financial risks, as they can identify the impact of marketing campaign, the cost of a new market, the consequence of price changes on their business and much more.
Less entry work
It releases businesses from busy work and frees up employees to be able to focus on higher order tasks.
Financial models can help in providing monthly assessments and comparison of the actual performance of the company versus the budget.
Enhances decision making by providing accurate and instant calculations and allows for a degree of standardization that manual models don’t, and provides you with significant improvements to the quality of FP&A.
Business models can be easily shared with other parties available in different locations. This helps in enhancing input and analysis since you get feedback from different people in your organization and make the right decision for your company.
And Yes, EXCEL still exists, and you can still use the traditional excel spreadsheet to perform financial modeling, but this time with a fully innovative automated enterprise financial modeling platform. Though, you can build an abstract representation of a real-world financial situation and focus on the most important statements. Besides the 3 basic statements model of financial modeling being the balance sheet, the income statement and the cash flow statement, you can now generate any advanced model you wish for in a FP&A. Since we know that every financial professional enjoys the use of excel in reporting, we have upgraded the excel model into an automated financial model to fully support your forecasting, budgeting and reporting analysis, while keeping with the familiar Excel interface, rich features, best-in class processing speed, security and collaboration tools. Finance professionals can now have a forward looking on risks and KPIs, better visibility to their financial data and quick responses to any risks-adjusted decision making.