Dublin: 01-9015774 / Waterford: 051-364034
Financial Modelling Services
We at Financial Modelling Services Ireland Limited are in the business of building bespoke financial models for our clients. A good model provides relevant information to assist in making informed business decisions, which in turn, should lead to increased profitability and we work closely with our clients to tailor financial models to the needs of their business.
Training is a key element of our business and we work with our clients to provide in house training to accounts personnel to enable them to build and maintain a financial models. We have seen how, when staff are invested in the long-term vision of a company, they are an invaluable asset to the key decision makers in the business.
Visit our training page to find out how tailored financial modelling training can benefit you and your staff.
The main types of financial model that we build for our clients include:
- Financial Projection Models
- Project Models
- Budget/Rolling Forecast and Reporting Models
- Product Costing and Profitability Models
- Excel Analysis and Optimisation
Having the right financial model in place is a crucial asset for any business, our expert knowledge of building the right financial model for any business will give you the peace of mind that all critical decisions are based on accurate up to date information. The detailed analysis and range of scenarios that can be inbuilt into a financial model have proved time and time again to be vital to the businesses that we have worked with.
Financial Modelling Services Ireland built a model that now enables us to get more accurate information about our company. We can make the right decisions to grow our company into the future.
What is Financial Modelling?
Financial Modelling is a tool which provide business managers with relevant information so that they can make informed business decisions. A financial Model is essentially a spreadsheet mathematical representation of some, or all, aspects of the financial operations of an entity. At its simplest, as long as a spreadsheet has input, calculations and outputs it can then be classified as a financial model. A good model is all about the interactions between the inputs and outputs and need to be transparent, flexible, error free and robust. A good model will:
- Provider the user the ability to easily change model assumptions therefore enabling them to access the impact of those changes
- Transparent, flexible, error-free and robust
- Be built for purpose
Financial Modelling Training
Any type of business, regardless of the product or service being supplied, can benefit from having a financial model in place. Businesses must always be measuring their performance so having accurate, clear, timely financial reporting is a key aspect for any progressive business.
We provide a range of financial modelling courses that we can tailor the specific needs of your staff. Whether this is one on one training for key personnel, or department based training for staff involved in financial reporting within your business, our training will suit your requirements.
Detailed financial models require a certain level of proficiency in order to maintain them, staff with no previous experience in the workings of a financial model will not be able to navigate a model and correctly collate data. Training is essential so as to ensure that the relevant staff in your business can configure financial spreadsheets and workbooks so that any formatting configurations, recurring formulas, regular tasks or automated processes are tailored to meet the specific needs of a particular organisation.
