FAQ

For our expertise in providing comprehensive business and management consulting services that are tailored to the unique needs of your business. We combine industry knowledge with advanced analytics to help you make well-informed decisions that drive sustainable growth and profitability. With a focus on strategic planning, financial management, and performance improvement, we work collaboratively with your team to develop actionable insights and innovative solutions. At AnaytixPlanning, we are committed to delivering tangible results and providing unparalleled support to help you achieve your business objectives. AnalytixPlanning specialises in business plans, budgeting, forecasting, cashflow, financial modelling, business process improvement, data blending, data migration, implementing financial systems and general business consulting. Analytix First, Then Planning.

A: AnalytixPlanning offers a comprehensive range of services aimed at helping businesses exploit data-driven decisions to optimize performance. These services include financial planning and analysis, business plans, budgeting, forecasting, cash flow, financial modelling with scenario analysis, data blending, data migration, financial system design and implementation, process improvement, business intelligence, reporting, predictive analytics and business consulting. We work closely with our clients to understand their unique needs and goals, providing customized solutions that leverage advanced analytics and technology to drive business success. We are experienced consultants combining industry expertise with deep technical knowledge to deliver actionable insights and strategic recommendations that empower our clients to thrive in a rapidly changing business environment. At AnalytixPlanning, we are committed to helping businesses unlock the full potential of their data and achieve sustainable growth. Analytix First, Then Planning.

When you engage with AnalytixPlanning for consulting services, our fees are typically based on the scope and complexity of the project, as well as the level of expertise required. We offer a transparent fee structure with a goal to providing excellent value for our clients. Our fees are tailored to the specific needs of each client and the services rendered, ensuring that you receive the highest quality of expertise and support for your business needs. Additionally, we offer various fee arrangements, including hourly rates, project-based fees, and retainer agreements, to best accommodate the unique requirements of our clients. Rest assured, we are committed to delivering exceptional results and maximizing the return on investment for our clients.

Budgeting, forecasting, and cash flows are essential for any business looking to make informed financial decisions and plan for the future. At AnalytixPlanning we understand the importance of these financial tools in helping businesses effectively manage their resources and achieve their strategic goals. Budgeting allows businesses to set financial goals, track their income and expenses, and allocate resources accordingly. This is crucial for staying on track and avoiding unnecessary spending. Forecasting involves predicting future trends and outcomes based on historical data and market analysis. This helps businesses anticipate potential challenges and opportunities, allowing them to make proactive adjustments to their strategies. Cash flow management is vital for ensuring a business's liquidity and financial stability. By accurately tracking the flow of cash in and out of the business, companies can avoid cash shortages, plan for investments, and maintain healthy financial operations. Ultimately, budgeting, forecasting, and cash flows are indispensable for businesses seeking to make strategic, well-informed decisions that will drive growth and success. AnalytixPlanning specializes in providing comprehensive financial analysis and planning services to help businesses harness the power of these tools and thrive in today's dynamic marketplace. Generally, budgets are set annually and forecasts are updated during the year to account for actual results achieved and changes in market conditions and assumptions for the future.

At AnalytixPlanning, we offer a diverse range of business plans tailored to meet your specific needs and goals. Whether you are looking for a comprehensive business plan for a startup, a strategic plan for an established company, a marketing plan to boost your brand's visibility, or a financial plan to secure funding, we can assist you. We understand that each business is unique, which is why we work closely with you to develop customized plans that align with your vision and objectives. Our goal is to provide you with actionable and results-driven plans that will empower you to achieve sustainable growth and success.

AnalytixPlanning does not directly provide funding assistance, but we can help find suitable intermediaries for your funding needs. Our team specializes in management consulting and strategic planning, working closely with clients to identify opportunities, streamline operations, and develop actionable plans for growth and success. Whether it's financial analysis, risk management, or market research, we are dedicated to providing tailored solutions that meet the unique needs of each client. If you require funding, we can leverage our network of partners and contacts to connect you with the right resources and advisors for your specific funding requirements.

Financial modelling differs from traditional business plans in its focus on creating detailed, quantitative representations of a company's financial performance. The emphasis is on assumptions made, how realistic they are, comparison with similar businesses, covenants and ratios based on performance, assets, working capital, and debt service, especially if there are high levels of borrowed funds. Lenders have to be satisfied that the proposal is viable at the outset and closely examine the assumptions and level of risk included. Be aware that these assumptions will be closely examined and challenged by the lenders. Subsequently, the model has to updated with actual results and a forecast for future periods. How frequently updates are required depend on the terms agreed with the lender. This is usually quarterly. As a rule, no shareholder distributions such as interest on shareholder loans and dividends can be made unless compliance with covenants can be confirmed. In some cases, the updated model has to be submitted to lenders or their representatives for approval. These restrictions will be imposed until the loans are repaid. There are other financial models to provide financial planning and analysis that existing systems do not cater for. This is a diverse area from simple scenarios based on a single data source to more complex ones involving multiple systems, departments and functional areas. Data from multiple sources has to combined into one view before any analysis or reporting is possible. Business plans provide a broader overview of a company's goals, strategies, and market analysis whereas financial modelling delves into specific financial aspects such as revenue projections, expense forecasts, cash flow analysis, and scenario planning. At AnalytixPlanning, we understand the critical importance of accurate financial modelling, when it comes to: 1). Supporting high levels of lending, maintaining compliance with covenants, and optimizing lending ratios, 2). Complexity in merging data from different sources, departments and functional areas into a unified view, and 3). Bespoke and highly customised model for any other scenario. By leveraging advanced financial modelling techniques, we can help our clients make informed strategic decisions. Our expertise in financial modelling allows us to provide customized, data-driven solutions that align with our clients' unique needs and goals, empowering them to achieve sustainable financial success. We have expertise in all these diverse areas.

Data integration is the process of combining data from different sources into a unified view, enabling businesses to have a comprehensive and accurate understanding of their operations. We specialize in data integration for our clients, allowing them to merge data from various systems, such as sales, marketing, finance, and operations, into a single source of truth. This unified data allows for better decision-making, improved operational efficiency, and the ability to generate actionable insights. By blending data, businesses can streamline processes, reduce errors, and gain a holistic view of their performance, ultimately leading to improved productivity and profitability. Our approach to data blending is tailored to the unique needs of each client, ensuring that the process aligns with their specific business goals and objectives. Data integration enables cross checks of data from different sources. Any anomalies should be resolved, ensuring consistency of data across departments and functional areas. There are many instances, for example, of finance team reporting one set of figures and other operational teams reporting different ones. Businesses cannot make informed decisions unless the data is consistent. We have experience of a company using a financial application to record actual transactions and a costing system to track costs and submit final costing to their clients. Data was input into the financial application and duplicate paper copies used to update the costing system. The two data sources were not reconciled. There were many cases of costs not recorded in the costing system. Once the costs were finalised with their client, any subsequent costs had to be borne by the company. This has a direct effect of reducing earnings. Please do not fall into this trap. AnaltyixPlanning can provide a tailored solution to this issue. Analytix First, Then Planning.

Financial systems and their successful implementation are crucial for businesses as they help in streamlining financial operations, improving accuracy, and ensuring compliance with regulations. At AnalytixPlanning, we understand the significance of efficient financial systems in enabling informed decision-making and driving growth. Our specialised consulting services focus on designing and implementing tailored financial systems that align with our clients' unique goals and objectives. By leveraging cutting-edge technology and industry best practices, we empower businesses to optimize their financial processes, enhance transparency, and achieve sustainable success.

AnalytixPlanning specializes in providing expertise in data migration, especially for implementing new financial or other systems or applications. Data migration refers to the process of transferring data from one system to another, ensuring its accuracy, completeness, and security. On implementing new systems and applications, data has to migrated from previous and legacy to current systems and applications. Our team at AnalytixPlanning works closely with clients to assess their current data infrastructure, strategize the migration process, and execute a seamless transition to new financial systems and applications. This is crucial for ensuring the integrity of financial data, maintaining regulatory compliance, and enabling efficient analysis and reporting. By leveraging our deep understanding of financial systems and data management, we help our clients minimize disruptions, optimize data quality, and maximize the benefits of their new financial systems. Our approach focuses on aligning data migration with overall business objectives, thereby ensuring that the implementation of financial systems is not only successful but also contributes to the long-term strategic goals of our clients.