A good financial model allows you to see the future in numbers! Well almost! An important loop from strategy to finance and back again, it allows you to predict the financial outcome of a range of key decisions.
The ultimate 'looking glass' to keep you in the driver's seat
A dynamic, custom-built financial model will enhance your understanding of the key drivers of performance, risk and value in your business. It helps you to make smart decisions faster and prioritise the things that make the biggest difference. Used as a management tool, it helps you to plot your course and monitor your progress with greater certainty than ever before.
How it Works
Our bookkeeping service is designed to form part of a comprehensive package of services that range all the way up to outsourced CFO services.
Set Up and Agreement
When you engage BridgePoint Group to build a financial model, costs, timing and scope are always agreed up front – no surprises.
We will understand the purpose, recommend the model type (static or dynamic) and scope the build so you can get back to your busy day sooner!
When the model is built, we will present it to you, demonstrate the impact of varying key assumptions and explain the output.
Finally, if required, we will support the next step – whether that be raising money, presenting to the Board, management or other.
Why Choose BridgePoint Group To Build Your Financial Model?
Upwards of 90% of all models contain errors. Why? Because they are built in Excel or Google Sheets by a person who only occasionally builds models. Some start with a blank workbook, some try to modify something they have built before. It’s all a case of garbage-in, garbage-out. Our experienced modelers use highly-efficient, specialty software that not only reduces human error but allows accurate models to be built and checked in no time!
We know that when you want a financial model built for the first time, it’s probably time sensitive. Our process and software selection has been guided by the notion that ‘sooner is better’. We can turn your model around fast!
Our software talks to yours! This creates enormous efficiencies in the build process but more than that, allows you to drive value from the model for years to come – because it is always up to date. With powerful reporting capabilities, our models become a tool for ongoing decision-making, performance monitoring and management reporting based in the numbers.
A model predicts outcomes, based on a set of assumptions. On its own, that isn’t enough to move the dial on performance. That comes down to behaviour. Referencing your unique critical success factors, key performance indicators and hurdle rates of performance, a BridgePoint Group dynamic financial model can be used to create alignment and accountability, at a level of granularity that suits your needs.
When it’s all said and done, often you need to present the model to third parties – the Board, the Bank, the Investors, management. While you know your business better than anyone, we know the model. Your stakeholders want to trust the integrity of the model and how it converts data to information before they trust the output. Give yourself the time and space to perform your role, let us explain the model for you.
Need more help with your business? BridgePoint Group is home to a great range of professionals, with the experience and expertise to help you to plan and create results. Call us to learn more.
Why BridgePoint Group?
We have a diverse team of highly trained experts selected to support every stage of your business journey.
We understand the drivers of your success and help you to tackle the things that make the difference.
We partner with our clients with an owner's mentality.
We employ a team-based, cross-functional approach to ensure you get the full benefit of our collective ability.
What our clients say about us
Neil and the BridgePoint team offered legal, tax and accounting services all in one place which meant we were able to meet incredibly tight transaction deadlines. Beyond that, they were true partners, combining excellent technical expertise with open communication, aligned values and pragmatic wisdom. This created a great team environment that led to our success and peace of mind.
former Founder and Managing Director, Potential (x). Now part of Beamtree (asx: BMT).
It’s probably fair to say that we didn’t really appreciate what goes on in a transaction like this. To have the experience and expertise of BridgePoint in our corner to guide us and help negotiate a good deal proved to be very valuable to us.
Iain and Rhonda Hogg
Former Directors and owners, Specialised Wheelchair Co. Now part of Country Care Group