Every year businesses are faced with strategic questions:
- Should we expand into a new region?
- Should we add a new product line?
- Should we acquire a company?
- Along with many others
For a business to be successful today, it must be able to make informed decisions. These decisions should be based on accurate data and trustworthy calculations. Quantrix is a tool designed to help organizations make these decisions more confidently.
Importing Data
Before you can build a sophisticated forecast or M&A model, you’ll likely want to import existing data. Whether you want to copy and paste some of your actuals from last year or connect to a database, Quantrix has you covered. With Quantrix, you can import data into your model and even configure a Push to send data back to your database. Consolidating all your data into a single model can help ensure you’re making more informed decisions.
Validation
Unlike traditional spreadsheets, which are limited by their 2-Dimensional structure, Quantrix is a multi-dimensional platform. Our Natural Language Formulas cover entire columns and rows, enabling for faster calculation times. It’s much easier to audit a formula written as Gross Profit = Revenue – COGS than it is a formula that reads =B32 – C32.
There are a variety of tools within Quantrix Modeler that allow the user to verify their calculations. With the Dependency Inspector, users can visually trace their calculations throughout the entire model. The Audit Trail keeps a running list of all the changes made to the model. The Problems Pane can help you understand why a formula isn’t working. And with the Advanced Find tool, you can search for terms within your model including cells, formulas, notes, comments, and dashboard names.
If you’re new to Quantrix, one of the first things you’ll notice is that the formulas are separated from the cells. This allows for always-on pivoting and easy filtering. You’ll be able to view your data from different perspectives.
Answering “What if” Questions
The key to making informed decisions is weighing all your options. With Quantrix, you can add new scenarios to your model with just one click. Additionally, you can configure widgets, like sliders, to change your assumptions on the fly.
Summary
Major business decisions should be made with confidence. Quantrix offers you this confidence. From importing data to testing scenarios, Quantrix is the right tool for the job.
If you want to see how Quantrix can help your organization, get in touch! We offer a 30-Day Free Trial and Personalized Demos.
