Imagine you’re a financial modeler or business planner and you’ve been tasked with creating a model to forecast possible future business outcomes. You’ve spent days, if not weeks, building a comprehensive model and now you must present it to your leadership team. You make your presentation, and now leadership has questions. Understandably, many of these questions start with two words: what if.
If you’ve built your model in a traditional spreadsheet tool, your conversation with leadership could stall. You may need to update your model and set up another meeting in the future so that you can accurately model the new scenarios offered up by leadership.
Businesses today operate in an uncertain world full of rapid changes. To succeed, they must be able to react quickly and answer all their “what if” questions.
Wouldn’t it be nice if there was a tool that allowed you to test and analyze new scenarios on the fly? With Quantrix, you can! Quantrix is more than just a financial modeling tool – it can be used as a dynamic scenario planning platform.
Here’s how Quantrix is different:
Multidimensional Modeling: The Foundation of Superior Scenario Analysis
| Multidimensional Tools (Quantrix) | 2D Tools (Spreadsheets) |
| 1. Easily supports multiple dimensions (ex. time) | 1. Restricted to rows/columns, complexity grows |
| 2. Range based, natural language formulas | 2. Cell-based formulas |
| 3. Scalable, structure separated from the logic | 3. Performance degrades with size, hard to maintain |
| 4. Low error risk, structured modeling | 4. High risk of formula and reference errors |
Quantrix is designed to be scalable. Unlike traditional spreadsheet tools, Quantrix separates formulas from the structure. As a practical matter, this means that once the structure is configured, new scenarios can be added with just one click.
Natural Language Formulas That Automatically Scale Across Scenarios
Natural language formulas don’t rely on cell coordinates. Instead, they reference item names or entire categories, which enables them to calculate ranges. This means Quantrix users have less formulas to audit and a much simpler time expanding their models. Users can add new products, regions or years to their model without breaking any formulas or editing their existing structure.
Scenario Manager: True Side‑by‑Side Comparison at Scale
The multidimensional nature of Quantrix allows users to create scenario managers. As the name implies, a scenario manager allows end users to select different options to see how the calculated figures change. Moreover, with Quantrix, users can also test combinations of scenarios.
Watch our webinar to see how easily a scenario manager can be added to a model:
Structural Transparency: Easily Trace What Drives Scenario Differences
One of the most critical factors in any model creation is the accuracy of the data and trustworthiness of each calculation.
Quantrix Modeler boasts a series of features that help to ensure data remains better protected.
- Permissions and Roles: Create roles for different users to manage their operational permissions and model access.
- Audit Trail: A running log of all the changes made to your model, including the time and the user.
- Dependency Inspector: A visual representation of each formula, which allows you to easily evaluate each individual component in a formula and trace a calculation from beginning to end.
Enterprise-Grade Performance for Complex Forecasting and Planning
Quantrix is a versatile solution that can adapt to just about any business situation. Whether you’re part of a smaller consultancy or a large-scale enterprise organization, Quantrix can fit into your business. This holds true whether Quantrix is utilized as your main business planning platform, or used as an integrated complementary tool – when gaps need to be filled.
Quantrix is a trusted solution that assists organizations everyday with their financial modeling, business planning, price quoting, M&A deals and so much more.
Conclusion and Next Steps
Let’s think back to our example at the beginning of the blog. This time you walk into your meeting with confidence. You know that you can answer all the “what if” questions that may come your way. Leadership is impressed that you can update assumptions and test new scenarios on the fly.
This reality is within your reach. Try Quantrix free for 30 days or book a demo to learn how our software can work within your business.
