Business Rules Baked In
Depreciation Schedules automatically are generated for all asset purchases with posting of monthly entries to financials. Loan payment schedules are automatically generated with monthly entries to the financials. Calculates your appropriate contingency reserve in your cost estimate. Optimizes the cash flow statement.
A Team of AI Advisors
The Model will include a team of six (6) AI Advisors that work together as a unified team to strengthen your financial forecast. The AI Advisors include: Funding Strategy Advisor | Cost Structure Optimizer | Cash Flow Guardian | Pricing & Margin Advisor | Sales Forecast Realism Checker | Working Capital Manager
Removes the Guesswork
I am building into the model important business rules to reduce your guesswork and make the overall model air tight and reliable. This includes auto generated depreciation and loan amortization schedules which drives the month to month entry process to create the financials. You never enter any numbers into the financials - Income Statement, Balance Sheet and Income Statement. The Model is designed to generate the financials as well as the PDF Report and Excel Workbook based on four input steps. And there will be a special function - Profit Clarity Lab to plug leaks in your unit cost and pricing (a very common problem with most estimates and financial forecast)
Contingency Reserve
A 9-question assessment will calculate the right amount for your contingency reserve in Step 1 - Estimate Your Total Startup Costs. The application allows you to review and see the tables that drive the calculation. Open and transparent so you are confident in explaining to others how your financial forecast was prepared.
Cash Flow Optimization
The Cash Flow Statement is generated last and then a set of optimization rules helps you fine tune things. For example, if your cash balance is too high, the model will suggest ways to reduce the balance that makes sense per the previous steps.
Profit Clarity Lab
Two calculators to help you nail down your unit cost for products and services as well as your sales price. This is a common leakage point in most financial forecasting models. This application plugs up these leaks so the numbers represent how you should truly execute.