Period Targets

We are pleased to announce the latest enhancement to the Analysis-One Toolkit: Period Targets for the financial scorecard and KPI scorecard. In the past targets were set for these scorecards on a global basis. This meant that when the targets where set or changed they applied to all periods in the model. This was useful to compare relative changes in performance from one period to another but users have indicated that in many circumstances it is appropriate to vary the targets from period to period, thus catering for variations such as seasonality or the measurement of incremental improvement.

To use period targets, open the scorecard tool and click on the “Set unique targets for each period” button which appears at the bottom of the target screen.

This activates an “edit targets” button.

Click on the “edit targets” button to set unique targets for any period in the model.

A further minor change has been made regarding the recording of comments on period results for both scorecards. Comments are now entered on the target screen and not on the scorecard screen. Click on the notepad icon, to the right of the measure, to create a comment.

Modelling the impacts of the Financial Crisis
In the current economic climate, businesses are likely to encounter conditions which will threaten the health and viability of operations. Exposure to such conditions will probably cause a decrease in the demand for products and services and cause an increase in operating costs. As a response, decision makers could place a renewed emphasis on lean management principles and undertake cost cutting measures (ie. seeking staff redundancies) . To further protect the bottom line, decision makers may also seek to extend supply terms (creditor days) in anticipation of higher inventory days and slower collection of receivables.

In this example, the impact of the current economic climate is modelled using Analysis-One ( Using the Analysis-One forecast tool, we are able to model the likely impacts of changes to key business drivers and generate a view of forecast financial performance.

We will assume the following adverse impacts will affect performance:

Adverse Factors
Prices will be forced down -4 %
Volumes of sales will decrease -6 %
Cost of Sales will increase +3 %
Debtors will pay slower +15 Days
Inventory will be held longer +20 Days

We can also assume that management will undertake the following mitigating steps in response:

Mitigating Factors
Creditors will be paid later +10 days
Staff will be retrenched -10 %
Overheads will be cut -5 %
Funding costs will decrease -4 %

Screenshot : analysis-one forecasting tool

Using the Analysis-One forecast tool (see screenshot), we are able to model the impact of these assumptions on key performance indicators (see table below).

In this example, we clearly see the impact of the adverse factors on performance, while also considering the potential effect of efforts undertaken to mitigate these adverse factors.

Modelling allows management to plan for reduced demand and rising costs and to predict the impact on profitability and cash flow. Importantly in this modelling scenario we are measuring the impact on Key Performance Indicators (KPIs) such as EBIT, Gross Profit %, Profitability % (income statement), while also considering the impact on cash flow and funding (balance sheet).

Accurate and timely modelling is a powerful tool for decision makers and businesses in the current economic climate.
Mashable includes Analysis-One in list of “Tools for Running a Business Online”

Analysis-One is honoured to be included in Mashable’s comprehensive list of essential tools for running a business online.

Mashable is one of the world’s largest technology blogs for Web 2.0 related news. Analysis-One is featured in the “Organization & Management” category of this list.

For interest, here are some online tools which we use on a daily basis to run our business:

1. For online demonstrations we use GoToMeeting
2. For website analytics we use Google Analytics
3. For uptime monitoring we use Pingdom
4. To manage our sales pipeline we use Salesforce
5. For bug tracking we utilise Mantis
6. For email and promotional campaigns we use Campaign Monitor
7. To gather feedback we use SurveyMethods
8. For staff professional development we use the training libarary at
9. And of course, we use Analysis-One to measure and monitor the financial and non-financial performance of our business.

We would happily recommend these tools to other businesses.

New Feature: Horizontal Analysis
We’d like to announce the latest addition to the analysis-one toolkit - 'Horizontal Analysis'.

The 'Horizontal Analysis' tool gives insight into the change between two financial periods for every item in the income statement, balance sheet and financial ratios.

We don't stop there though! Visual cues highlight the positive and negative effects of each item with respect to overall business value. Problem areas are quickly identified. The report is also available for download in Word and Excel allowing you to include the data in your own reports.

The first step is to login and go into your model/business. Then choose the new 'Horizontal Analysis' button.

Next, choose two periods to compare.

The result is a powerful visual analysis that shows the dollar change and the relative percentage change for each item in the Income Statement and Balance Sheet. Positive effects are highlighted in green, negative effects are highlighted in red. Arrows are used to show the direction of the change. 

You will also see the Financial Ratios...

And finally, at the bottom of the page you have the ability to export the results to Word or Excel.

That’s it! We hope you enjoy the new tool. Please contact us if you have any feedback.    
Introducing the new analysis-one website!
The team at eis-one is pleased to announce the launch of the new analysis-one website. This website seeks to demonstrate the features and functionality of the analysis-one tool. Included in this website are video tours, sample screenshots and also the ability to request a trial evaluation of the tool. We hope that the contents of this site will demonstrate the use of analysis-one as an online tool for business performance management.

In addition, the website also has a supporting blog which will act as a forum to announce new enhancements and features. We anticipate that planned features currently in the development 'pipeline', may also be announced via this blog.

Postings related to the subject of business performance analysis will also appear in this blog.
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