Strategize was approached to create a financial model to support the development of commercial strategy and planning for a training company’s education courses.
Why a best-practice financial model is an important corporate governance tool
There are many elements that form a company’s corporate governance structure. The Cadbury Committee (1992) in the UK defined corporate governance as “the system by which companies are directed and controlled”. Clearly a best-practice financial model forms the basis of executive management decision making and future direction of the company.
The marketable value-add of a best practice financial model
When providing financial modelling services to corporate clients, it is important to not just understand the technical requirements of the model build, but also understand the cosmetic outputs of the model.
A Best-Practice Financial Model. A Lean Finance tool.
Much is written about the value-add of a best practice financial model, in terms of reducing model risk and improving financial reporting for executives; especially with commercial and business decision making.
Comment votre modèle financier ne sera pas perdu dans la traduction
Building multi-linguistic functionality into your financial model can deliver numerous benefits to model stakeholders. One financial model, instead of numerous financial models by language, will improve the corporate governance credentials of the model.
Reduce data input time with your strategic financial model
There are a number of steps to reduce the repetitive data inputting of information. Not only will you save time during the model development stage, and whilst operating the model for commercial purposes, you will reduce the risk of data input errors and enhance executive and other stakeholder confidence with the model.