Decision Critical: Reimagine Your Business - Video Representation
Structure of Decision Critical
What is Decision Critical?
Decision Critical is a powerful cloud-based tool for strategic planning and decision support. Decision Critical empowers you to build and analyze various scenarios for your business, allowing you to explore the potential outcomes of your decisions before taking action.
It is scalable, customizable and fast to implement.
Decision Critical's modeling and zero-based budgeting algorithms enable teams without prior modeling training to utilize their collective knowledge to create accurate and practical operational and financial models.
These models can be used for decision support, strategic planning, budgeting, and business optimization.
Watch this 90-second video for a quick introduction.
What can you do with Decision Critical?
- Build Scenarios: Create models that test the impact of different business strategies and market conditions on your company.
- Analyze Performance: Easily and reliably forecast financial performance. Identify potential risks and opportunities. Optimize use of limited resources.
- Make Informed Decisions: Gain insights that empower you to make confident choices that maximize your business' potential.
Who should use Decision Critical?
Decision Critical is a valuable tool for anyone involved in strategic planning and financial analysis, including:
- Business Owners
- CEOs
- General Managers
- CFOs
- COOs
- Heads of Strategy
- FP&A Managers
- Financial Controllers
- Financial Analysts
- Operations Managers
- Management Consultants
- PE and VC Deal Teams
Structure of Decision Critical
Imagine Decision Critical as your strategic planning command center. It offers a well-organized structure to keep your budgeting and scenario analysis streamlined. Here's a breakdown of its key levels:
Account level
- At the top level of the structure of your subscription is your Account - the subscription has a main account, and may contain multiple user accounts. Each user can create different "Companies" to organize plans for different purposes. Users may share scenarios to other accounts using the scenario sharing function.
At the highest level, there is the "Account," typically corresponding to a user or a subscribing entity. This account serves as a container for all the data related to the user's budgeting and strategic planning activities within Decision Critical.
Company level
- A "Company" in Decision Critical like a project folder. It groups all your related budgeting and strategic planning scenarios together, making them easy to find and manage.
A "Company" is essentially a collection of scenarios and related data. It acts as a grouping mechanism to organize and manage scenarios efficiently.
Scenario level
- Inside your Company folder you can create different "Scenarios". Scenarios are individual plans where you plug in your assumptions and see how the given set of assumptions impacts your budget and overall performance.
Under each company, users can create and manage multiple "Scenarios."
A "Scenario" represents a specific set of decisions made under defined circumstances. Scenarios are where users input various assumptions and evaluate the impact of those assumptions on operational and financial outcomes.
Assumptions level
- In each Scenario, you can set your Assumptions. These may come from your data, outside research or could be educated guesses about things that might affect your budget or strategy. The more accurate your assumptions are, the better Decision Critical can help you predict outcomes.
Each scenario is associated with a set of "Assumptions." These assumptions are critical drivers for the budget or strategic plan being developed in that scenario.
Users input these assumptions, which can be based on approximations and best available information.
Getting Started
Now that you have a solid understanding of Decision Critical's core functionalities, it's time to roll up our sleeves and delve deeper!
This Help Section is a great resource for exploring the platform's extensive features and putting them to work for your strategic planning success. Or just dive in and start modeling - you can come back to our Help Section any time!
Let's move on to the next step of the journey >> Company Overview
Need help? 💡
If you need additional help, reach out to us at:
support@decisioncritical.pro
