Saas Platform for Financial Modelling
A single, easy-to-use online platform bringing all tools required to build business cases on a single front.
.png)
Services
Product Management
Web & Mobile App Development
AWS Cloud
Enterprise Agile DevOps
Cybersecurity
Engineering Services
Enterprise Platforms
Integrations
Technology Innovation
AI & Automation
Application Development
Technology Consulting
Company Background
For most, it becomes increasingly challenging to compile entire case studies in a short time while also keeping the data accurate. Considering today's dynamic and ever-changing corporate landscape, constructing comprehensive business cases becomes a crucial task that needs to be handled with precision With multiple software applications, such as Microsoft Word, Excel, and PowerPoint, for organizations as well as individuals, it becomes increasingly difficult to consolidate all this information into one cohesive report. Recognizing this common struggle, our client approached us with an idea to develop a unified, user-friendly platform that integrates all the essential tools for efficient business case creation. Essentially, this would integrate standardized processing, which would reduce issues in quality as well as delays, as constant comparisons between like-for-like financials usually make reports more prone to errors.
.png)
.png)
.png)
.png)
Challenge:
The client approached us with an ambitious vision: to empower companies to construct, share, benchmark, and simulate business cases organization-wide. Achieving this vision necessitated the capability to accurately represent and simulate individual business cases, encompassing the accurate prediction and forecasting of diverse financial projections and assumptions—both quantitative and qualitative. These projections varied in certainty over time and across different time periods.
Understanding the nuances of each business case involved identifying variations, determining critical elements, discerning factors significantly influencing outcomes, and recommending actions to enhance desired results, such as profitability, return on investment, or cost reduction. Representing inputs not only required numerical values but also entailed illustrating their impact over time and indicating the confidence level in the accuracy of each value. For instance, an employee's salary might range from $80,000 to $120,000 annually with a confidence interval of 95%.
To facilitate this, we developed an intuitive platform allowing the seamless creation of business cases with diverse inputs. The platform generated comprehensive summary output metrics and supported Monte Carlo simulations to assess the likelihood of business case success amid input uncertainties. A crucial component was the inclusion of a report builder, enabling the effortless compilation of results, charts, and graphs into easily shareable reports for senior leadership and management approval.
Ensuring actionable outcomes, the platform incorporated workflows for business case approvals, preventing scenarios from lingering in review limbo. Additionally, an AI-powered chatbot and a natural language interface were implemented in the case study builder and forecast projection tool. This integration allowed users to query their business cases in natural language, leveraging AI and NLP models to structure results appropriately. The end result was a comprehensive platform that not only met the client's ambitious vision but also enhanced decision-making processes through sophisticated simulations and intuitive reporting.
Our Results:
As a culmination of our development endeavors, the product was successfully launched in 2023 and is currently operational, serving numerous paying customers. The platform has not only gained traction with a diverse user base but has also garnered multiple queries and expressions of interest from prominent Fortune 500 players. This accomplishment reflects the effectiveness and appeal of our product in the market, solidifying its position as a valuable solution within the industry.
