The stakeholders in a business need to ensure that capital is being effectively utilized. This is generally measured by using a variety of metrics, including: Return on capital employed (ROCE), return on net assets (RONA), and return on investment (ROI). By studying these forecast metrics for multiple portfolio and market scenarios, an organization is better able to ensure that the correct choices are made to maximize return.Learn More
Financial forecasting is typically a protracted and laborious process, which is both time and resource intensive. It is generally the final stage of any business planning process. Consequently, assumptions underpinning the budget become rapidly out of date. It becomes impractical to re-run new assumptions based on changes in commodity prices or other changes in market forces.
PlanningSpace™ Financials enables users to quickly re-run their financial key performance indicators (“KPI’s”) by having a direct connection to the underlying economic cash flow results generated by PlanningSpace™ Economics. This direct connection enables users to quickly test the financial return of their capital investments at different price levels and under different investment scenarios. Furthermore, group level KPI’s can be generated as easily as asset level KPI’s.
With PlanningSpace™ Financials, clients are able to respond to changing market conditions using plans based on up-to-date data by:
Collaborating on shared models and data in a single, complete and auditable system. Assigning budget workflows and templates to communicate and manage input. Perform what if and probabilistic scenario analysis. Seamlessly integrate with Excel, ERP systems, and Odata Servers.
Schedule a software demo with one of our product experts tailored specifically to your business planning requirements.