Last version published: 16/10/2018 09:17
Publication number: ELQ-11729-5
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Demo Financial Model (Xero integrated)
Integrated and rolling 3 way financial model connected to Xero
Further information
To demonstrate the technology advances in financial modelling and the benefits on cloud accounting packages like Xero. Never before has it been easier to create a fully integrated and rolling 3 way model with rolling actuals.
Once a business has and income statement, balance and cash flow statements the owners are able to predict issues ahead of time. One of the most critical measures of a business (particularly a small business) is cash flow. With this tool it is now able to get this insight at a fraction of the price it would take to produce.
In addition the cost spend in creating it can be saved for future period as the model rolls for new months, which is often very manual and costly. Which is why most businesses dont have this tool or insight in their business.
It is also possible to integrate valuations into the model as all the relevant information is available.
Now with these tools it is possible to gain access to this service anywhere in the world.
Included also is a cashcade which shows exactly where the cash has gone from opening cash to closing cash for a selected period.
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Business planning, forecasting, cash flow management, driving performance, valuations etc.
In the context of business performance, strategic planning and reporting there really isn't a condition that doesn't apply.
Naturally outside of this context eg business process modeling or other mathematical or statistical modeling its not relevant.