On the picture above you will find 5 compelling reasons to try out Mattsskk as your integrated planning and simulation tool. They coincide (not totally by chance to be honest) with the reasons why we are building Mattsskk (see previous post). A more detailed argumentation behind the list of five is also shown in the PowerPoint slides shown on the resources page (Quick Introduction to Mattsskk).
In this post, we would rather try to specify under which type of circumstances it would be wise for a company to choose Mattsskk as a planning and simulation solution. Always in our humble opinion, of course.
We see Mattsskk as a logical next step when Excel bumps into its limits and starts to affect the ability to make data-driven decisions. This means that the quality of financial and operational data is insufficient to give a clear insight into the actual position of the company, or the direction/speed with which the company is moving. Nor does it allow the company to understand why (which drivers cause) the position, direction, and speed are what they are. Nor does it allow for easily simulating the impact of major decisions on cash and profitability before committing the resources.
This could typically be when the following conditions exist:
A certain level of complexity, such as a multi-company environment needing consolidation and currency conversions.
A start-up/scale-up environment where cash is a major focus (see our 3D projections) and many projects have to be financed and executed (see our integrated business case simulations).
A need to update internal and external stakeholders (management team, board, banks, …) continuously (with monthly, quarterly, yearly, and multi-year horizons) about the achievement of major milestones (drivers).
A situation where simple extrapolation of past performances is no longer valid, and zero-based budgeting is needed in order to correctly forecast future events, decisions, changes in strategy, or changes in market conditions.
An ambition to manage the performance of the company through data-based accountability of the major decision-makers. The easy post-fact comparison of real drivers with the ones in apriori approval scenarios/budgets enables the establishment of the main deviations and responsibilities, promoting a heightened culture of accountability.
A wish to avoid risky big budget, new-technology-based investments, and to favor a gradual step-by-step implementation where the return on investment is secured at each step before moving forwards.
We therefore think it is most reasonable to position Mattsskk as a simulation and management tool for smaller companies that outgrow plain Excel and want to manage the company in a professional way without spending big money. Because Mattsskk is certainly affordable, but it also checks most of the boxes of the most state-of-the-art planning tools, as we will demonstrate in another post.
It aims to help companies grow, change, and adapt faster while limiting risk-taking, all in very affordable and quick steps.
What do you think? Do you think there is a need for another planning solution that is both affordable and powerful, and can provide smaller yet ambitious companies with the framework for growth and professional management?
Please let us know your thoughts and comments in our LinkedIn post.