Agile simulation of financial scenarios
- higher flexibility
- transparent and comprehensive
- fact-based discussions
Create simulations flexibly in Valsight
Achieve better results through quickly and easily simulating different scenarios. Create new scenarios by entering your assumptions regarding the change of value drivers as well as the effects of strategic measures on KPIs.
With Valsight you can create different “what-if” scenarios. By using the scenario manager’s intuitive interface, you can directly enter new insights either derived from your business environment or regarding the development of certain drivers and then immediately include them in the respective scenario. With the possibility of quickly and flexibly creating new scenarios, a bigger spectrum of values can be calculated and analyzed for each KPI.
Furthermore, the simulation of multiple development options makes plans more comprehensible, as assumptions and effects are calculated and presented transparently.
Working with simulations
- After you have built a value driver tree in accordance with your business model and integrated the necessary data, you can start with creating scenarios. In Valsight, scenarios build upon base data, that is extrapolated into the future with the help of assumptions. Base data normally uses the last available actual data or a current forecast, always depending on the use case at hand.
- In the scenario manager, you enter assumptions about the development of key value drivers as well as planned strategic and operative measures. You can do this completely flexible as you can enter the effects for any available line item and on any available data dimension at the same time. The created scenarios are then tested against predefined validation rules for your support. The validation rules ensure that the total of all active assumptions within a scenario is accurate and feasible from a business perspective and that interdependencies between different assumptions are considered.
- The created scenarios can then be discussed in management meetings, and, if necessary, still be adjusted. The simulation of different scenarios can be conducted ad hoc due to the easy handling of the underlying assumptions and the use of in-memory-technology. This way, the financial impact of certain measures and assumptions can be immediately assessed, allowing a real-time steering and decision-making process.