What problems is Solver solving and how is that benefiting you?
We are a franchisor, with over 100 franchises. Our rolling forecast templates have made the budgeting process far simpler and more powerful. We also use this for playing out scenarios, such as:
- How long will it take to break even if I hire a new sales executive, factoring in salary, commission, training/ramp up period, and monthly sales projections?
- What will be the impact to my cashflow if I take on a new client of $x per month, costing me $y per month, and billing on net 60 terms?
- What will be the impact on my revenue if I raise monthly prices by x% across my client base? Or on a select group of clients?
For our group of over 100 business owners, ranging in annual revenue from just starting to over $40M, these tools have been game changing, compared with our old Jet Reports limitations of pretty much just seeing balance sheets and cashflow statements. Review collected by and hosted on G2.com.