Technology Financial Modelling

Because the Technology Industry evolves at such a rapid pace, more organisations are implementing enterprise-wide software solutions to drive business forward. Many organisations today are still reliant on large spreadsheets linked by macros to manage their budgeting process from procurement and sales at a product level right through to consolidated balance sheet and cash flow. Using these spreadsheets systems can be immensely time-consuming and error-prone.

In the last few years, organisations are also becoming more concerned with security and integrity of data. Companies need greater visibility and control over budgets and forecasts with advanced reporting capabilities.

The Mondelio Corporate Modelling solution provides organisations with greater power and visibility in budgeting and forecasting sales and financial information.

This solution allows the team to input budgeting parameters, plus costs of individual products and overhead expenditure such as salaries and exchange rates to create a month-by-month and quarter-by-quarter model of the business program for the coming year. Organisations have more visibility into expenditure and planning in the short and longer term and it also provides a better visibility of the history of expenditure, allowing managers to plan more effectively and efficiently in future budgets.

Michael Pleasants, EPSON Australia