The Best Software For M&A Modeling

Mergers and Acquisitions (“M&A”) can be defined as the consolidation of businesses through the combination of two or more companies/business units, or one company acquiring another.

Behind the scenes of almost every merger and acquisition is a business analysis model. These models capture assumptions, test scenarios, and guide the decision-making process for business leaders.

From shifting entire industries to impacting the day-to-day lives of individual employees, the impacts of an M&A transaction can be wide-reaching. As a result, it’s crucial that these types are decisions are grounded in accurate, relevant, and representative information. Having the right tool can make all the difference.

Introducing Quantrix

Quantrix is a multi-dimensional financial modeling software designed to be agile and scalable. Not all mergers and acquisitions are the same, so your modeling tool should be able to adapt to your needs.

Importing Data

At the beginning of your M&A model creation, you may want to import financial statements, market data, operational data, and regulatory data to name a few. Quantrix offers you the ability to import data from a wide range of sources and bring it together into a single cohesive view. Even better, you can take a 2-dimensional spreadsheet and transform it into a multi-dimensional model.

Additional Note: data can be brought into predefined structures and quickly transformed

Formulas and Auditing

Whether you’re creating an M&A model or reviewing it as part of a larger team, you’ll want to ensure the validity of the calculations. Quantrix formulas are written in natural language (Gross Profit = Revenue – COGS). This not only makes the formulas easier to understand, but also makes them more efficient. Instead of calculating a single cell, Quantrix formulas are range-based and will calculate entire rows/columns.

There are a significant amount of built-in Quantrix features that will allow you to keep track of changes (Audit Trail) and troubleshoot possible issues within your model. You can learn more about these features on our Data Validation page.

Errors in formulas or cell changes can dramatically impact an entire model. Traditional spreadsheets can make this hard to manage. Gain more confidence by using Quantrix!

Model Structure

Quantrix utilizes linked structure. This type of structure helps to eliminate error-prone Lookup Functions. When you link categories in Quantrix, changes you make in one part of the model will automatically be reflected in others, without needing to manage formula ranges and cell references.

Advanced Scenarios

Quantrix allows users to easily test new scenarios. Dashboards can be created so all members of the team can get their “what-if” questions answered. This can be as simple as clicking Enter on your keyboard or moving a slider to update your assumptions – without having to modify the underlying structure, formulas, or data.

M&A Deadlines

Not surprisingly, many M&A transactions include strict deadlines. M&A professionals must be able to handle all their complex calculations in a timely manner. Quantrix provides the structure and features necessary to accomplish that goal.

Collaboration

Many M&A decisions require teamwork and input from a variety of sources. With Quantrix, you can share your models online using Qloud.  Qloud allows users to make cell edits and test assumptions all within their browser. Additionally, when model owners configure defined user roles and permissions, Qloud users will only have access to the data they need.

All this testing can be done while the underlying model structure remains intact!

Try it today!

We offer a fully featured 30-day free trial! You will be able to see firsthand how Quantrix can impact your decision making. To make the most out of your trial, we recommend setting up a demo! Get in touch with us so we can answer your questions and get you started faster.

 

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Introducing Quantrix Labs!

In this video we’ll discuss a brand-new Modeler setting in our 23.3 release called “Quantrix Labs.” We’ll describe the new setting and give you instructions on how to use it.

What is Quantrix Labs?

Quantrix Labs is where you can see experimental design features in Modeler. Currently these design features do not carry over to Qloud. Although these features are not complete, this is a great opportunity to provide feedback on our product direction and your experience using the features.

As an important note: Please do not use these features in any production scenario as they are not supported and subject to change.

Let us know what you think! You can contact us at customerservice@quantrix.com

Here is a link to the feedback survey: https://forms.office.com/r/g07TJnT6XQ

We look forward to hearing from you!

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2023: A Year in Review

2023 was another busy year for Quantrix! As always, our engineering team, sales team, and business team have been hard at work.

This year we created a new podcast, hosted our annual user conference, took a team trip to London, had multiple major releases, and continued to grow our customer base.

Podcast: Modeling Mondays

What is Modeling Mondays? Modeling Mondays is a video series presented by Quantrix. Each episode covers topics that are relevant to modelers and planners. So far, we’ve covered How to Audit Formulas, How to Design Better Dashboards, How to Build Your Own Scenario Manager, and How to Give Every User a Custom Experience.

Watch Now 

Annual User Conference: Dimension 2023

In November Quantrix hosted Dimension 2023. This two-day online event featured presentations from the Quantrix team as well as a variety of customers.

  • Luca Erzegovesi, University of Trento
  • Franz Schumacher, Schumacher MSFP
  • Angus Keir, Avaanz
  • George Stelling, Quadrillion Partners

Watch Conference 

Trip to London

Earlier in the year, the Quantrix team took a business trip to visit the IDBS Woking office to meet others in the organization. It was a great opportunity to share ideas and plan for the future.

More on IDBS:

In 2010 Quantrix was acquired by IDBS, which is headquartered in Woking, UK.

IDBS helps BioPharmaceutical organizations accelerate the discovery, development, and manufacturing of the next generation of life-changing therapies that advance human health worldwide.

Major Releases

2023 saw many software improvements and fixes to Modeler, Qloud and Enterprise Qloud. This includes Salesforce Synchronization, improved Smart buttons, Word Wrap, and the upcoming Quantrix Labs setting! There are far too many to list here.

For the full list, please check out our release notes for Modeler, Qloud and Enterprise Qloud.

Release Notes 

Thank you

As we head into 2024, we want to thank the Quantrix community. We highly value your feedback. We’re lucky to have such a passionate user base. As the year comes to a close, we want to wish all of you a happy holiday season and a healthy new year!

Would you like to get in touch? Contact us!

Contact us 

WATCH NOW: Quantrix Dimension 2023 Conference

Did you miss the Quantrix Dimension 2023 conference? Don’t worry! You can watch all the recordings now.

Our two-day online event featured a wide variety of presentations. You’ll hear from the Quantrix team about what’s new, as well as customer use case presentations.

Here are the 2023 Featured Speakers:

Luca Erzegovesi, University of Trento

Teaching Next-Gen Finance without Spreadsheets

Aaron Hudson, Danaher Life Sciences

A Multi-dimensional Solution to M&A Modeling

Franz Schumacher, Schumacher MSFP

Modeling the Energy Transition with Quantrix

Angus Keir, Avaanz

Delivering Socioeconomic Solutions with Quantrix

George Stelling, Quadrillion Partners

A Digital Transformation Platform Powered by Quantrix

Check out all the presentations here:

WATCH NOW!

Why Do Financial Modelers Choose Quantrix?

Financial modelers from all over the world have picked Quantrix as their software of choice. Here’s why:

Agility, Scalability & Structure.

Usually, when someone is looking for a new software option, it’s because their current solution isn’t working in some way.

In one of our previous blogs, we discussed some of the common themes we hear during our demos: reducing risk of error, expanding complicated models with greater ease, and enabling people to do their jobs better and more strategically.

Not surprisingly, many of the people we talk to during these demos are using spreadsheets. Although many spreadsheet software options are monetarily low in price, they can be expensive in terms of time. Constant revisioning and formula auditing can pull people away from more meaningful work.

Others we’ve talk to are using (or contemplating using) enterprise planning tools. This category of tools offers little customization, and (in stark contrast to spreadsheets) can be incredibly pricey.

What makes Quantrix different?

Quantrix utilizes natural language formulas. These types of formulas can calculate entire rows and columns and are separated from the structure. This results in fewer total formulas needed in a model, faster calculation times, and easier auditing.

Additionally, with Quantrix Qloud, it’s easy to share models securely online so that everyone can stay updated on any changes.

Scaling a model can be a difficult task, especially when using traditional spreadsheets. Adding a new product, region or year to a model can become overwhelming. That said, Quantrix is designed with growth in mind. New items can be added with one click. Even better, the formulas will continue to work.

 

Each time I’m thrilled to see how easy it is to incorporate a new element into the model. The model still calculates very efficiently and is very clear and understandable.” [read more]

               Gilbert Hangartner, Risk and Business Modeling Specialist

 

When presented with large amounts of data, spreadsheets can slow to a crawl. Quantrix offers the ability for users to build structure that can handle even the most complicated of models.

 

“We needed something that could handle all of that data and do it effortlessly and some of the standard spreadsheet tools just couldn’t keep up.” [read more]

               Nikki James, Global Director

Support

We understand that when you make a purchase, you’re not just buying the software – you’re also joining a community. In addition to our internal support team, Quantrix has a wide network of partners across the globe who can offer expert services.

Getting started with a new software can be a stressful process. But it shouldn’t be! That’s why our customers are always happy to hear that we offer a 6 week Accelerate Program. The program is designed to help new Quantrix users build their first model faster. During the weekly sessions new customers receive coaching, get expert tips, and learn all the best practices.

Learn more about Quantrix Perks!

If your spreadsheet is breaking or encountering any of the common issues listed above, you’re probably a good candidate for Quantrix. We’ve worked with just about every industry and use case. Reach out to see if we can help you too!

 

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How to Build Your Own Scenario Manager

For businesses to best prepare for the future, they must incorporate scenarios into their models. Scenarios allow modelers and planners to view possible outcomes for the future, and in turn, help them to make decisions.

When thinking about scenarios, your initial thought might be best case vs. worst case. While those two extremes may give some helpful insights, they do not always address the reality a business.

As business complexity grows, so does the need for flexible models that accurately represent organizations.

New products, regions or even seasonal variations can dramatically impact your business and make scenario development feel impossible.

In this blog, we’ll define the term “scenario manager” and describe when and why to use one in business modeling. We’ll also show you how Quantrix is the perfect tool to create and manage your scenarios.

What is a scenario manager?

A scenario manager is a tool or method to organize, create, and compare scenarios in a model. They usually include defined inputs, outputs and formulas to compute outcomes/variances.

When should you use a scenario manager?

Use a scenario manager if…

  • The model requires multiple variables
  • Inputs come from many users
  • Sensitivity analysis is required
  • Quick model expansion is needed

Using a scenario manager in business modeling improves model organization, enforces a repeatable “what-if” pattern, isolates important variables, reduces model size/duplication, and captures at-a-glance insights for end users.

Traditional spreadsheets offer a built-in scenario manager, however, for models with any higher levels of sophistication, they’ll hit a wall. Excel, for example, is limited in flexibility – summaries are static and only allow 32 input/result cells. If you don’t want to use the built-in scenario manager in spreadsheets, you will have to build your own, which entails managing numerous complex formulas that will need to be maintained carefully as your business grows.

There’s a better way: Quantrix!

When you build a scenario manager in Quantrix, you’ll notice some major improvements compared to traditional spreadsheets:

  • Unlimited scenarios
  • Unlimited input variables (more than 32)
  • One formula (no offset required)
  • Automatic updates & summaries (pivotable)

See it in action:

 

The benefits of unlimited input variables, unlimited scenarios, range-based formulas, and automatic updates are significant. If you’ve been struggling with scenarios in your spreadsheet tool and you’re looking for a replacement, Quantrix is the answer!

Want to try it for yourself?

We offer a free 30-day trial and personalized demos. We can work with you to show you how Quantrix can improve your current modeling situation.

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Best Alternative to Spreadsheets for Large Data Sets

If you work with large amounts of data, you may have experienced

  • slow calculation times
  • difficulty auditing formulas
  • general storage problems
  • trouble navigating your model

Although spreadsheets are designed to be agile, in the presence of large models, they’re prone to break down. If you’ve dealt with any of these complications, you’re likely in need of a new solution.

Introducing Quantrix, a software designed for larger data sets! In this blog, we’ll discuss how Quantrix is able to meet all of these challenges and more!

Quantrix Modeler

Slow calculation times?

Quantrix utilizes a Multi-Dimensional Calculation Engine. Unlike 2-Dimensional spreadsheets, Quantrix offers formulas that can calculate across entire columns and rows. For many larger models this results in a significant decrease in calculation time.

Quantrix uses Real Language Formulas, otherwise known as Natural Language Formulas. As the name suggests, these formulas are written exactly how you would say them. For instance, if you wanted to explain the Gross Profit formula to someone, you would say Gross Profit = Revenue – COGS. That’s exactly how the formula would be written in Quantrix!

Additionally, you won’t need to worry about hidden formulas in cells because Quantrix formulas are separated from the structure.

Natural Language Formulas

Difficulty auditing formulas?

Reviewing your business models for accuracy is a complicated but necessary task.

Quantrix has a variety of built-in tools designed to help maintain your models.

As you read earlier, Natural Language Formulas greatly impact the comprehensibility of your model, making it much easier to audit.

Audit Trial

In addition to the formulas, Quantrix offers an Audit Trail. With this feature turned on, you’ll be able to track and monitor all the changes made to your model. Never wonder “who made this change” or “when did this change happen” again.

Dependency Inspector

Quantrix also has a Dependency Inspector. This tool allows you to navigate through every dependency within a formula. Simply open the tool, click a cell, and trace all the calculations.

Problems Pane

The Problems Pane is another feature Quantrix users rely on when auditing their models. This tool will list out all errors and warnings accompanied by descriptions and locations.

Spreadsheet storage limits?

A common question we get from new Quantrix users is: how many cells can a Quantrix model process?

If you’re concerned about the size of your model, you’re not alone. Many spreadsheets have a maximum cell count. With Quantrix, there are no set size limits. Even 32-bit machines can handle models of up to 10 million cells comfortably. With 64-bit computers, a decent processor and plenty of memory, you can calculate over a billion cells.

It’s easy to link one Quantrix model to another to further distribute the load.

Trouble navigating your model?

Locating specific aspects of a large spreadsheet model can be difficult, especially if you weren’t the one who created it. That said, with Advanced Find in Quantrix you can easily search your entire model for keywords that show up in matrices, charts, formulas, items, group names, and dashboards. Additionally, you can always organize your model by putting certain matrices into folders and using your Model Browser as a quick way to navigate your model.

Advanced Find

Conclusion

If your large models are giving you headaches, there’s a better way! Quantrix was designed to address all the major pitfalls found within traditional spreadsheets. Find out how much time and effort you can save by making the switch to Quantrix.

We offer a free, fully featured 30-day trial and personalized demos.

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What’s the Best Modeling Alternative? | Learn How Quantrix is Different

If you’re looking for a new financial modeling tool that allows you to do more, then you’re in the right place!

Although spreadsheet options can be flexible, they’re generally not scalable and may break when confronted with large amounts of data. Additionally, it can be nearly impossible to verify if changes made to your model are accurately mapped throughout the rest of it. If you’ve experienced one of those issues or something similar, you’re likely in need of a replacement.

Introducing Quantrix

 

Best Quantrix Features:

Real language formulas
Formula suggestions and corrections
Easy drag and drop linked structure & automatic lookups
Automatic data summarization (subtotals, totals, etc.)
 Always-on pivoting without formula errors
 Familiar spreadsheet function library
 Multi-dimensional calculation engine
 Configurable built-in timelines
 Customizable cell formatting
 Visual “map” of cell dependencies and formula tracing
 Unlimited data sources / connections for importing external data
 Data push functionality to send Quantrix data back to enterprise systems
 Granular user permissions
 Unlimited custom user roles
 Audit trail
 No-code app development via Canvas
 Custom Groovy scripting functionality
 Example model templates
 Built-in training models
 Credentials manager for securing data authentication details
 Free access to publish models to Quantrix Public Qloud

 

To read more about how Quantrix stacks up against other software categories, check out our other blog: Best Financial Modeling Software in 2023.

And you can watch our introductory demo below:

Want to get started?

We offer a free 30-day trial and personalized demos.

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Best Financial Modeling Software in 2023

Determining the best financial modeling software in 2023 can be overwhelming. There are numerous options all claiming to solve your modeling and planning problems. In fact, if you search for “Best Financial Modeling Software” on Google, you’ll find over 600 million results. Making things even more complicated, every company has wildly different selling points and pricing structures.

To help make your decision easier, we’ve developed a 4-prong framework to assist you in deciding what’s important to you and your business.

All financial modeling software can be viewed from 4 separate perspectives: Agility, Scalability, Structure and Pricing.

Agility

When we talk about agility with respect to financial modeling, we’re looking to answer the question: can you create any type of model that works for your business?

Traditional Spreadsheets

Traditional spreadsheets are known for their agility. When you open a new workbook in Excel, you’re met with a blank canvas of cells. This offers you the ability to create a model tailored to your business. An additional benefit is that traditional spreadsheets can be used by just about everyone. They don’t require special Admins to develop or configure the models. In summary, traditional spreadsheets can answer ‘yes’ to the question above.

Enterprise Planning Tools

Enterprise Planning Tools are not agile. The main reason for this is that they are limited in their customizability. This category of tools does not offer the same “blank canvas” style of model creation. Rather, you’ll find preset options that you can configure to best-fit to your organization. These tools can also require consultants and experts during both creation and maintenance, and as a result cannot successfully answer the agility question.

Quantrix | Financial Modeling Tools

Quantrix is designed expressly for modelers and planners. Similar to traditional spreadsheets, Quantrix models begin as a blank slate that can be used to create models specific to your business needs. Your creations are only limited by your imagination. Additionally, many users are able to build their models on their own. Resources can be provided if users wish to get extra help or consulting work. Quantrix is able to answer “yes” to the question raised above.

Scalability

When referring to scalability with respect to financial modeling software, we’re trying to answer the question: can you modify, expand, and grow your model over time?

Traditional Spreadsheets

Traditional spreadsheets struggle with scalability. Much of this struggle can be attributed to the formula writing. Formulas are written and maintained in cells. That means adding new products, years or regions to a model can be complicated and time consuming. As a result, spreadsheets tend to not be very scalable.

Enterprise Planning Tools

Enterprise Planning Tools are designed to be scalable. Their ability to expand in the presence of changes, makes them powerful assets for companies. As long as your business fits into the available configurations, then it should be possible to scale your models over time. Enterprise Planning Tools are able to answer “yes” to the scalability question.

Quantrix | Financial Modeling Tools

Quantrix offers among the most powerful scalability. Business models don’t look the same year over year. New products and regions can be added with a single click. This is possible because formulas are separated from the cells. No matter how many columns or rows you add, the formulas won’t break. Quantrix easily answers “yes” to the scalability question.

Structure

When referring to structure with respect to financial modeling software, we’re trying to answer the question: how well does the modeling software reflect your actual business structure and how easy is it to change?

Traditional Spreadsheets

Using Traditional Spreadsheets, you may be able to put together a model that accurately represents your business, at least in the beginning. The difficulty begins when your business grows or changes. For example, if you add a new product to your model, are you confident that type of change is properly mapped and connected throughout the rest of it? Chances are, you’re not.

Enterprise Planning Tools

Enterprise Planning Tools can be adjusted to accommodate changes to your business, but it can be time and/or money intensive. In many cases, if you want to make an update, such as a new product, you’ll need to utilize consultants or raise an IT ticket to get the job done. As a result, this category of software is limited.

Quantrix | Financial Modeling Tools

Quantrix structure is easy to build and maintain. Model expansion is greatly simplified. Adding a new category can be done by a modeler (not an admin), by simply hitting “Enter.”  The changes are instantly replicated throughout the rest of the model. With Quantrix, you’re not only able to create models that represent your company, you can do so even as your business or external factors change.

Pricing

Another major factor in purchasing software is the price. The price of software comes in two forms: the financial cost and the time cost.

Traditional Spreadsheets ($)

Traditional Spreadsheets are generally inexpensive and sometimes even free with the purchase of your computer. For smaller use cases, this is a great option. However, once your models become larger, the time needed to manage, maintain and audit can overcome the “free” nature of the tool.

Enterprise Planning Tools ($$$$)

Enterprise Planning Tools are the most expensive monetarily. Not only is the software pricey, the consultants/experts required to implement, maintain and manage the model can skyrocket the deal size. They are scalable tools so time savings may be found when expanding models – however, it will likely be modest compared to the original sticker price.

Quantrix | Financial Modeling Tools ($$)

While Quantrix isn’t free, it doesn’t carry a hefty price-tag in comparison to the Enterprise Planning Tools. It’s a scalable tool, that’s easily maintained and even offers ways to audit all the changes made in a model. That, combined with a fast multi-dimensional calculation engine, means that you’ll also save time. This extra time can be used to create new models, plan, and answer important business questions.

Summary

Your use case and needs will help to guide your decision. Check out the chart below to see our final results.

 

Quantrix is the complete package. If you would like to see how Quantrix can improve your business, book a demo today!

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2022: A Year in Review

2022 has been another great year for Quantrix! Our team has continued to grow, we had a couple of major releases, we hosted our annual user conference, and we created a slew of new content. While we have exciting goals for 2023, we wanted to take this opportunity to look back at 2022 and share some of our favorite updates and additions.

Team Growth

In 2022 we added new members to our Sales and Engineering teams. This will help us continue to grow our product and our presence in the market. New perspectives bring valuable insights into our organization. Our newest members have already made a difference for our business.

Major Releases: 22.1 & 22.2

This year we introduced Single Sign-On (SSO), Summarize, a Credentials Manager, Item Filters, Smart Buttons, and the ability to import Salesforce Reports.  We listen to our customers and take their feedback seriously.  When we make changes to our software, we always keep our users in mind.

The list above is just a selection of the many improvements and fixes we launched this year. If you would like to read more about these or any other features, please check out our Online Help or read our Release Notes.

Online Help Release Notes

Annual User Conference: Dimension 2022

This year we hosted Dimension 2022 online. Over the course of two days attendees heard directly from the Quantrix team as well as an incredible line up of presenters. Customers from a wide range of industries shared their Quantrix experiences and answered audience questions. For those of you who didn’t attend, the sessions were recorded and are now available to watch.

Watch Conference

Qloud Training Content

Quantrix Qloud is an amazing product our customers use to share their models online. Getting started on any software can seem challenging, so to help alleviate any concerns, we created a three-part video training series for new Qloud users. Whether you’re a Qloud Admin, or you’re simply sharing and managing models, this new training will get you up to speed.

Qloud Training

Webinar

This year we hosted a webinar entitled: How to Ignore Spreadsheet Structure and Come Out Ahead. During the presentation, we reviewed commonly recommended best practices for structure in financial modeling spreadsheets and showed you how to save time and create more powerful models by ignoring those rules. You can watch that now!

Watch Webinar

Extras

2022 was also a big year for content creation. We posted a series of blogs, videos and resources geared toward both new and longtime users. To see the full catalogue of content, visit our resources page.

Quantrix Resources

Thank you

For many people, the end of each year is a great opportunity for reflection. This is true for both individuals and organizations. As many people will be creating New Year’s resolutions and looking for ways to better themselves, so will we. We will continue to make a product our customers are proud to use and ensure that new users around the globe can learn about Quantrix and make the shift away from spreadsheets.

This time of year is also an important occasion to give thanks. With that in mind, we wanted to say a heartfelt “thank you” to our customers, conference presenters and supporters around the world. This is an exciting time for Quantrix. Stay tuned for 2023!

Would you like to get in touch? Contact us!

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