If you can’t find the answer to your questions below please contact us to discuss how we can help you.
Please refer to the section on the benefits of business and financial modelling for a detailed explanation.
Many people can use spreadsheets and they have become an increasingly important part of people’s personal and business lives. However, when significant business decisions are made on the basis of assumptions and information contained in a spreadsheet it is vital that this has been developed in the most robust way possible. blueboxthinking follows widely accepted modelling best practice standards to rapidly develop structured but flexible models to inform such decision-making using its own creative approach to analysing and presenting management information. Please refer to Our Approach for further information on how we work.
Every assignment is different. The length of an assignment will vary according to the level of granularity a client wishes to model its business, the size and complexity of the business, the purpose of the model and also the extent to which we are asked to project manage the associated planning or reporting processes. For some clients, a project will last a matter of days or weeks; in other cases, there may be an ongoing involvement to provide support with monthly or quarterly reporting and reforecasting. To discuss your requirements in more detail please contact us.
Our fees vary according to the complexity and length of the assignment. Typically, however, we will charge on a day rate basis and will work with our clients to determine the likely time an assignment might take.
Client staff will be involved in the model development process from the outset to help inform the scope, specification and design of the tool so that it meets the needs of the various stakeholders in the organisation. Thereafter, a lot of the model development work can be undertaken with minimal client input provided the design has been clearly articulated and agreed up front. There will always be an element of testing and training towards the end of a project which will also involve the client. We are often asked to help populate models with data inputs and assumptions to free up client time but this still necessitates significant client interaction as the ultimate ownership of any planning assumptions or financial results obviously rests with the client.
We will usually work from client premises at the start of a project. Thereafter, we tend to work both on site and remotely depending on the client’s requirements.