SumProduct: Your Financial Modelling Experts
Modelling is a key component in all major business decisions. Be it financial modelling, investment appraisal, decision support or what-if analysis, you need business models you can rely upon. Just one modelling error has the potential to destroy significant business value and lead to incorrect actions being undertaken.
Therefore, it is important that key decisions are based on a model that is: Consistent, Robust, Flexible and Transparent - this is known as “CRaFT”. Read More
We can help
SumProduct can cater for all of your modelling needs, using some of the most experienced modellers available at highly competitive rates. We audit, we build, we train, we support.
Based in Australia, we have worked worldwide including; Belgium, Canada, Denmark, Hong Kong, Malaysia, Netherlands, New Zealand, Nigeria, Singapore, UK, USA & Vietnam.
We have also worked in a variety of industries including; Accounting, Automotive, Education, Energy, Financial services, Government, IT, Manufacturing, Mining, Professional Services, Renewables, Retail & Training.
As COVID-19 continues to make an impact around the world, we hope all our website visitors, our clients, their loved ones, their colleagues and their friends, all stay safe and healthy, as the pandemic takes an unrelenting, odious grip of the planet.
Little else matters.
We appreciate there is more to life than business, and that everyone needs to do their bit at this juncture. SumProduct is committed to helping where we can:
- Physical contactless consulting and assistance: we have been working remotely with clients all over the world for many years. We can provide modelling and strategic services without meeting face to face, using Skype, Teams, Zoom, WebEx, GoToMeeting and other similar software products. The world is having to come to terms with social distancing, but we can still cater for all your needs using real-time, internet connectivity, wherever you may be in the world
- Simple cashflow modelling: the world is changing. Businesses are seeing a drop-off in custom and short-term, forecasting models (such as 13-week, rolling, daily cashflow forecasts) are becoming an urgent requirement for all businesses, large or small. We can help build simple bespoke Excel / Power BI forecasting tools which can analyse the impacts on your business and help you manage your cash flow before it manages you – simple, cheap solutions are possible
- On-line training, virtual training and webinars: as more and more staff are having to work in isolation, from home or elsewhere, it is becoming increasingly important to ensure that staff have the requisite skills to do their work with less physical supervision. SumProduct has a wealth of on-line, interactive courses that cater for the individual, small / medium enterprises and large corporates. We also offer virtual training courses, where staff can attend our usual physical training courses from their PC with full trainer support and webinars which provide live and pre-recorded presentations. We can even design bespoke sessions for you and your colleagues
- Discounted products and services: we know cashflow is king and businesses are struggling to survive. We are cutting our prices on all training, consulting, modelling and auditing work. If you need something, let us know. Most of the content on our website is free. Furthermore, we endeavour to assist as much as we can on a heavily discounted, value for money basis, so all businesses – ourselves included – can get through these dark times and come out the other side more informed, stronger and in a better position to take advantage of the possibilities that will inevitably arise.
If you want to find out more, drop us a line at firstname.lastname@example.org. We have been trusted advisers and trainers for over 10 years at SumProduct, and for many more before that. Here’s to another 10 years+ for all of us – from both a personal and a business perspective.
Excel Tip of the Day
Common Errors: Amount And Growth Rates
There are four common methods of inputting data into a financial model. One of these four is the so-called amount and growth rates method. Using this approach, an amount is entered in the first period, which is then grown by a percentage growth rate thereafter. Modellers do make a common mistake with this method: they link to the next period's growth rate rather than the current period's. This can give rise to circular references as well as incorrect calculations. To spot this common mistake, simply look at the values inn the final two periods. By definition, the last period's growth rate will point to a blank cell, which means the final two periods will have the same value. It's an easy way to check. Check out more,read more...