In the first month of the crisis, we have managed to build financial projection scenarios twice, about once every 3 weeks. The process took more than 1 day, was done by one of our top financial analysts in more than 1 working day and the flexibility to redo any of the scenarios with slight parameter changes is not at all handy.
Cash Driver allows us to have new scenarios processed in few minutes. Instead of about 1 day, we eliminated the risks specific to “spaghetti” formulas in Excel and we can compare everything much easier, visually, on intuitive graphs.
We can thus review the weekly cash flow projections, as we wanted, or whenever the change in legislative or other conditions requires it.