01. Financial Planning
Financial Planning With Spreadsheets
Financial planning is a recurring process that takes place on a monthly, quarterly or annual basis in most companies. The result of this planning process is a profit and loss statement for the next period and often beyond. Since the financial plan is a reflection of the entire organization, it requires input from different departments, business units, or even countries. Managing this process and integrating the input into the master file is a tedious process. It is time consuming and prone to error.
The Layer Way
|Too many emails sent back and forth, neverending process|
Manage file versions and communication online
You can share access and request contributions to your spreadsheets on Layer without sending a single email yourself
|Reviewing takes time and people make mistakes|
Limit Input Ranges
Your colleagues will see and will be able to modify only the ranges you specify
|Copy pasting from templates into the master file results in errors|
Visual Merging With A Few Clicks
You can review contributions by your colleagues, and you can choose if you want to accept their input or not. Accepted data feeds directly into your master model.
|Contributors need to be chased to submit on time|
Contributors get automatic reminders, and you get full transparency on the process to make sure your financial plan is finalized on time.
Budgeting with spreadsheets
There are many steps in the budgeting process and iterations that lead to a final yearly budget. The financial goals of the management need to be aligned with and supported by the individual divisional budgets. The underlying assumptions are prepared and send by the division heads and consolidated with the group budget after several spreadsheet based iterations. This process can easily lead to numerous versions of files being sent back and forth.
The Layer Way
|A lot of time spend on manual process handling|
Automate manual processes
Layer liberates you from verifying data manually or chasing down colleagues.
|Loss of control over many different file versions|
Be on top of file versions
Easily go back in time and restore files versions, track changes and revision history.
|A contributor breaks the template|
No more broken cell references
Since Layer stores file and cell references, contributors cannot break templates anymore.
- Company A
- Company B
- Company C
- Company D
Reporting with spreadsheets
Most Asset Managers collect, aggregate and analyze portfolio company financials and KPIs via the exchange of spreadsheets. Fund controllers are often faced with collecting a variety of different files and formats, increasing the time spent on collection and consolidation.
The Layer Way
|Sensitive data is exchanged via unsecured email|
No more email sending
Layer offers a closed system without the need to send around email attachments.
|Keeping control and transparency of work progress is painful|
No more fighting to get contributions
Set reminders for contribution requests and let Layer remind stakeholders for you. Layer gives you full transparency on your processes.
|Reviewing data submissions takes a lot of time|
Merge contributions automatically
Easily review the contribution and decide if you want to accept it or not. If you do, the data feeds directly into the master model. No more copy pasting!