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Business Plan Amelkis

Business Plan Amelkis

16 avril 2019

Alexandre CATTA

 

Alexandre CATTA, Business Plan Expert

 

 

 

 

Amelkis has chosen to meet the operational needs of companies by making it an essential tool for strategic decision-making.

To do this, Opera's business plan focuses on performance measurement and the quasi-automatic adjustment of development assumptions. This is reflected in the following 14 features.

1. Automatic integration and at any time of the last accounting situation as "new".

Natively, if the user so wishes, the Opera business plan module can call up an accounting situation in "new". It is a complete balance per legal entity or activity that is automatically included in the Business plan module. When the company uses Opera for its periodic reporting or statutory consolidation, this transfer is done automatically.

2. Automatic frontloading of budget updates

If the current year's budget has been modified in the Opera's "budget" module, it can be automatically reloaded into the "business plan" module to take these changes into account. This operation will also have an immediate impact on years 2 to 5.

3. Adjustment of the monthly budget in the business plan module to cancel any subscriptions of expenses and income

To allow a monthly calculation of cash flows, the budget for the current year is monthlyized. However, to avoid excessive fluctuations in the monthly result, it is common for some expenses and income to be spread over several months when in fact their receipt or disbursement is concentrated on a single month. To enable the user to take this reality into account and build a realistic year-end balance sheet landing, the user has the possibility to quickly and simply adjust the relevant budget lines.

4. Automatic calculation of the annual landing (income statement and balance sheet) on the basis of the latest accounting situation

The recovery of the last accounting situation and the zeroing of the expired months in the business plan module automatically calculate a new landing for the current year. It should be noted that this calculation also has an impact on the balance sheet landing and cash flow statement for year 1 and subsequent years.

5. Quick update and automatic adjustment of years 2 to 5

The calculation of expenses and income for years 2 to 5 is based on the landing of year 1, which allows an automatic recalculation of these years if the figures for the current year are modified.

6. Construction of a forecast per project or activity

As Opera's business plan module uses a consolidation engine, it is only natural that the user should be able to work and reason by activity or legal entity. This makes it possible to separate the different business models, geographical areas or branches of the company and then consolidate them in a simple and controlled way.

7. Consolidating the financial forecast of several entities (with automatic restatement entries)

The restitution allows you to choose the entities you want to include in the provisional financial statements. It is also possible to choose the type of reprocessing entry you want to integrate. For example, it will be possible to produce reports with or without intra-group transactions.

8. Declaration of intra-group transactions to allow their cancellation on consolidation

Users who wish to track transactions between the company's various activities to control transfer prices and intra-group invoicing can declare the corresponding amounts and thus reconstruct their impact on the income and balance sheet of each entity while cancelling them at consolidated level.

9. Development by the user of restitution reports adapted to his needs (via the "Retrieve Excel Opera")

It is important to allow the company to adapt the restitution statements to its needs. Is it necessary to monitor more particularly inventories, working capital requirements, fixed assets, EBITDA trends? Should we follow the covenants negotiated with banks? Thanks to Opera's "Retrieve Excel" module, the user can easily build restitution reports adapted to his requirements.

10.  Currency and currency risk management

It is now common for some activities to be located outside the euro area. For simplicity and accuracy, it is therefore necessary to build a financial forecast in local currency and let Opera manage the conversion. This functionality opens up very important possibilities for managing ch risk forecasting.

11. Possibility of integrating a budget preparation module adapted to the company's business line

Some companies wish to go further in simplifying budget preparation by integrating into Opera an automatic calculation of projected expenses and income. This is done from parameter tables entered or imported into the tool.

12. Monitoring of several development hypotheses with the feeding of "stress tests" tables

To control its strategic choices, the company needs to multiply its development assumptions and their financial consequences by varying certain key parameters such as the market growth rate, the price of a raw material or market share... Thanks to Opera's stress test tables, it is possible to produce several financial forecasts and thus calculate the volatility of profitability, cash flows and financing needs.

13. Possibility of automatic integration of valued action plans

Quite often an ambitious development requires multiple actions. It is therefore common for a strategic roadmap to be formalised and led by management to achieve the objectives of the business plan. To facilitate its valuation and integration into the financial forecast, Opera allows the automatic import at any time of these forecast costs for the current and subsequent years. This makes it possible to regularly update these elements and thus to be as close as possible to the realities on the ground in order to maintain credible provisional financial statements that can be used as a decision-making tool.

14. Analysis of adjustments to the initial forecast

Thanks to autonomous audit layers, the Opera business plan module allows the user not to overwrite the initial business plan by recording any adjustments independently. This makes it possible to accurately measure and monitor their financial impact.

These 14 new functionalities offer financial managers an analysis and control capacity that is unequalled to date by other forecasting tools on the market. The business plan becomes a decision-making tool. It allows each activity to be managed separately and then to produce summary reports adapted to the specificities of each company.

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