The Situation
Recently, 8020 Consulting worked with two clients who were struggling with managing their revenue recognition and cash flow models in Excel. Both clients had large Excel workbooks with over 200 worksheets that made it difficult to manage formulas and resulted in lengthy data preparation time and difficulties in managing multiple inputs.
The models also made it challenging to create and manage what-if scenarios, quickly make model changes and understand how these changes impacted results. This led to errors in data inputs, inaccurate revenue recognition, incorrect journal entries and lengthy processing times.
Our Solution and Results
To learn more about these two projects, download the full case study using the form below.
Download the Case Studies
Our two case studies are offered in a single PDF, which covers the situations, our solutions and results. To download your copy, complete the form using a business email address. Then you’ll receive a link to the resource via email.