October 20, 2021 | by: David Phillips
We are excited to announce the publication of our whitepaper, The Model Metrix Guide to Integrated Business Planning! The Guide is designed to help finance and operations leaders better understand the capabilities, benefits and requirements associated with Integrated Business Planning (IBP). The Guide includes the following sections: What is Integrated Business Planning? Top 5 Benefits
September 23, 2021 | by: David Phillips
Integrated Business Planning has become a hot topic in planning circles over the years. But what is it? Integrated Business Planning (IBP) is a type of holistic planning that connects strategy, operations and finance. It combines people, process and technology in order to improve business agility and performance. IBP recognizes that decisions and actions in one area of the business often directly impact other areas. It seeks to create more
July 28, 2021 | by: David Phillips
Outsourced financial modeling delivers the plans and insights CFOs need to succeed while saving money and freeing up resources CFOs are turning to outsourced financial modeling to improve planning accuracy and agility while freeing themselves and their staff to focus on strategic imperatives. It’s an effective tactic to fill the skills gap while containing headcount costs.
June 23, 2021 | by: David Phillips
The Nightmare Financial Model. Just about every company has a least one. It causes people to work overtime. It leads them to make questionable decisions. Sometimes, it makes them wake up in the middle of the night, gripped by fear and doubt. But you can’t get rid of the model. It’s critical to a part of your business. Sound familiar? Our
May 27, 2021 | by: David Phillips
The team at Model Metrix has developed many interesting models over the years. We thought it would be fun to describe the top 5 standouts. The common theme is that they were integrated planning models that pulled data in from other systems, had high material impact on the business, and were previously managed with spreadsheets. It is sometimes amazing to think that companies would entrust siloed, error-prone
May 18, 2021 | by: David Phillips
Renewable energy is a key a part in addressing the climate crisis while also generating enough electricity to meeting increasing demand. Solar and wind power generation projects are seeing increased investments as states provide incentives for regional and local power generation capacity. At Model Metrix, we have developed a solar project financial and operational model for private companies
April 22, 2021 | by: David Phillips
One way in which Model Metrix delivers value to our clients is by creatively integrating leading technologies to offer new enhanced capabilities for financial modeling, analysis and reporting. In a recent client engagement, we combined the optimization capability of Llamasoft with our multi-dimensional modeling platform of choice, Quantrix Modeler. Llamasoft offers optimization solutions across industries and management areas; most notably supply chain and demand planning. Quantrix provides advanced capabilities for budgeting, planning, and forecasting as well as niche
April 14, 2021 | by: David Phillips
An often-overlooked issue that companies face is the lack of a unified financial modeling methodology. Model design is usually up to the style and experience of the builder. Many people stretch the limits of their understanding of spreadsheets and take shortcuts or employ workarounds that did the trick in the past. These factors only drive spreadsheet risk beyond the usual hidden formula errors, broken worksheet links,
April 8, 2021 | by: David Phillips
What is Modeling-as-a-Service? Also known as MaaS, it is the delivery of outsourced financial and operational models either on premise or in the cloud. In this case, Model Metrix designs, builds and maintains the model(s) for our clients. This service frees up client teams to focus on providing strategic value without having to hire expensive
March 25, 2021 | by: David Phillips
High fidelity financial and operational models can be key contributors to business agility and competitive advantage. Models and scenario analyses provide a clear, informed view of likely (or possible) future states, so that decisions can be made to continuously optimize performance. Proper model construction requires a combination of domain knowledge, technical acumen and a structured design approach. However, these skills are in short supply. Hiring and retaining skilled financial modelers is a challenging and expensive proposition these days. Modeling as a service (MaaS) is an increasingly popular delivery approach that aligns with industry-wide adoption of
March 17, 2021 | by: David Phillips
Model Metrix today announced it has launched a new Modeling-as-a-Service offering. Modeling-as-a-Service (MaaS) is an innovative delivery of financial and operational models on a subscription basis. Model Metrix designs, builds and manages models according to client specifications and provides comprehensive training for users and stakeholders. Models are securely accessed on the Cloud and can be integrated with core systems such as ERP, CPM, CRM, data warehouses and others. “Our mission is to deploy
March 10, 2021 | by: David Phillips
Model Metrix today announced that is has launched a Marketplace for product and service offerings. Available on the Model Metrix website, the Marketplace provides solutions, plug-ins, connectors and more for organizations that seek to improve business performance. Current offerings including Quantrix Modeler training, support bundles, and the new Quantrix Modeler Function Plugin. “This is a great first step in providing
February 19, 2021 | by: David Phillips
Companies that manage large numbers of Stock Keeping Units, more commonly known as SKUs, often run into the issue of being able to plan and forecast at scale. Whether they are a manufacturer, wholesaler or retailer, organizations face significant challenges when modeling products that number in double digits, hundreds or even thousands. Yet, modeling at the SKU level creates real advantages as it provides a solid foundation for more accurate financial and operational planning and execution. SKU
February 4, 2021 | by: David Phillips
When Steve Bailey and I began formalizing the vision for Model Metrix, we recognized the need for modeling solutions that fill the capability void between broken spreadsheet-based processes and less flexible planning and performance management solutions. One of the reasons business and finance professionals continue to use spreadsheets for mission-critical modeling is the robustness of their calculation
January 25, 2021 | by: David Phillips
Corporate performance management (CPM) solutions like Adaptive Planning, Planful and Vena have transformed budgeting, planning and reporting for thousands of organizations. Despite their capabilities, many finance professionals still rely on spreadsheets for more complex financial and operational modeling. Spreadsheets offer a flexibility and creativity for modeling that most CPMs simply can’t match. However, spreadsheets often hit limitations, and contribute to risk, when they are part of a larger process. That’s one of the reasons Model Metrix was founded – to address
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The Model Metrix Guide to Integrated Business Planning
5 Benefits of Integrated Business Planning
