Financial modelling is essential for providing you with the information you need to get the big decisions right. It can help you develop a resilient organisation ready for tomorrow’s challenges and, when done right, it can minimise the risk of error. So how do you start building an effective financial model? While no two models […]
The days where accounting and finance professionals have manual and time-consuming processes should be a thing of the past. The majority of finance professionals today will have Microsoft Excel in their personal toolbox, but are they using it to the best of its abilities? Circular references are one of those things most people have heard […]
In our previous blog our Managing Director, Denver McCann discussed WHY Vena + Excel is a platform for success. In his piece we explore the challenges facing the 1bn+ community of Excel users, why it’s wrong to replace Excel with new technologies as a solution to tackling the perceived inadequacies of Excel. He goes on […]
Transforming any aspect of your business operations is impossible without robust financial models that give you the insights needed to make more confident decisions. But when it comes to gauging the impact of your proposed changes, should you build a traditional spreadsheet model or invest in new tech in the hope it makes your life […]
Forecasting your company’s financial position has always been important. It helps you monitor business performance, budget for purchases, identify credit needs and see the potential impact of change. Cash flow forecasting is a key part of that, as it helps you make more informed business decisions. And because of two significant recent developments, it’s never […]
We understand how important it is to quickly get to grips with new models. That’s why we’ve pulled together the best modelling tools we’ve built over the years into our free nXt Excel toolkit.
We understand how hard modelling can be. Our team see a lot of models, and we know that it’s essential to get the measure of them quickly.
I was recently looking at a set of templates issued by a public sector procurement authority and I was struck by the number of tell-tale signs that this was not all the original work of the ‘author’.
Continuing with our breakdown of the Financial Modelling Code published by the ICAEW late last year; this time we look at ‘User interface and transparency’. There is some overlap with the last blog about ‘Layout and structure’ – both sections are largely about designing a model that makes it easy to avoid errors. In the process, your model will become user friendly.
In the third blog in our series about the ICAEW Financial Modelling Code, we complete our look at Layout and Structure. Following our discussion of structure last time, this week we look at navigation and inputs.