We see 2 major reasons for investment in a FP&A tool : 1) Help your finance team to be faster and more accurate in the production of performance indicators to improve decisional process in a quickly changing environment. 2) Create a culture of accountability at the management level, using a decentralized approach where finance team support and lead forecasting processes but doesn’t own the data anymore.

The solutions proposed by Modelcom are “Best of Breed” in the FP&A field with the objective of a quick ROI (annual licenses rather than purchasing cost). Over the last 10 years, we have implemented solutions ranging from 25K to 150K depending on the customer requirements but in a highly competitive environment where key financial resources are difficult to attract and retain, the gains are quickly exceeding the costs.

This is where Modelcom’s expertise really come in play. We have been involved in the implementation of FP&A tools since 1996 and the specific product we’ll recommend will be based on a deep understanding of your current FP&A processes, your objectives and the budget assigned to the project. We are continuously reviewing the available products and we know the pros and cons for all of them.