Modeliks Features

Import trial balance, monthly P&L, balance sheets, and other types of financial data

Define budget structure elements and how they are linked hierarchically

Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues

Test the potential financial impact of business decisions on revenues and expenses

Users can customize standard budget periods (3, 9, or 12 months)

Consolidate multiple budgets from different departments or business entities

Users with administrative access rights can modify budgets

Forecasting is based on past transactions and historical financial or operational data

Ability to recreate forecasts to include new information that may impact budgets

Support multiple types of forecasts such as balance sheet and cash flow forecasts

Used to review and update budgeting assumptions for a predefined period (usually one year)

Project out as the year progresses to accommodate trends that affect key business drivers.

compare Income Statement, Balance Sheet, and Cash Flow for multiple periods

Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data

Provide business plan templates that can be customized by users.

Allow users to drag and drop business plan elements such as visuals.

Include features to track the completion of the business plan.

Users can customize business plans to reflect the branding of their company.

Define and document business and financial goals and objectives.

Align business and financial goals at the company level or by activity.

Create and compare budgets for the entire company or by activity.

Estimate future costs and revenues and their impact on profitability.

Manage information required to raise capital such as financial statements.

Ability to break down and plan multi-step processes

Engages in human-like conversation for task delegation

Anticipates needs and offers suggestions without prompting

Makes informed choices based on available data and objectives