When looking at new projects and planning their business, almost all companies, large and small, first build financial models in Excel and then reflect results on PowerPoint slides.
However, it remains impossible to quickly test the assumptions and clearly see how changing them might affect the outcome. Sensitivity tools built into Excel are limited. PowerPoint charts are rigid. Every “what-if” question requires a tedious re-calculation and re-drawing. And there may be dozens of these questions!
The team behind Whatifster experienced this frustration first-hand when they worked in investment evaluation and decision making roles in top-tier financial institutions and industrial companies. The effort consumed by scenario analysis was painful. It became obvious that the problem is much larger than the scope of individual businesses and requires a broad-based universal solution.
With Whatifster, analysts can easily perform scenario testing and sensitivity measuring with just a few quick clicks. They can interrogate the model in real-time and then smoothly pass it over to internal decision-makers or external clients and let them do their own testing if they wish. No special skills are needed. By simply tweaking critical variables and tracking selected outputs, all involved can finally speak the same conceptual language and find well-coordinated and balanced solutions together.
Whatifster is designed to make the process:
Quick – now it is possible to run “what-if” tests instantly, as every move of input widgets immediately re-calculates the entire model
Simple – widgets are intuitive, easy to create and easy to operate, with no special training
Visual – no more sifting through cumbersome dialogue boxes and composing multiple sensitivity tables
Interactive – no more cell-after-cell manual substitution of values
Multi-dimensional – any number of inputs can be tested against any number of outputs at the same time
Analytical– new features, not available in Excel, will give modellers new analytical powers to clearly see and interpret projected outcomes
The overall result is that the companies that otherwise suffer from frustrated modellers, confused senior executives and unconvinced clients, can now enjoy the opposite – proud analysts, enlightened decision-makers, and fully engaged customers. It’s a win-win-win!