Advent Revenue Center
Maximize Revenue with Forecasting and What-if Capabilities
Analyze current run-rates and build forecasts efficiently and accurately with Advent Revenue Center. Your firm’s CFO, Finance Manager and other executives need a clear and accurate idea of the firm’s run-rate in order to manage cash flow and allocate resources. Run-rates are current snapshots; making plans and adjustments ahead of time requires estimating future period revenues.
Forecasts require time and resources. They’re complicated and cumbersome to produce, and are only as good as their underlying data. Often the underlying data is spread throughout the firm, in multiple desktop systems. Perhaps the firm’s forecasting “model” was developed by an employee who’s no longer with the firm.
With Advent Revenue Center’s integrated forecasting capabilities, you’re using your firm’s centralized data on rules, relationships and receivables to develop your forecasts. You can develop forecasts with the same workflow with which you create invoices or calculate payouts each month. It’s a familiar process, using actual data, from a secure source. So you’re assured of consistency and accuracy.
From simple run-rate calculations to more complex what-if scenarios, you can efficiently plan, forecast and budget using Advent Revenue Center.
- Analyze the effects of including or excluding cash from fee calculations.
- Determine how revising your fee-tiers will affect your top fee-generating clients.
- Analyze how market adjustments in certain asset classes might affect your firm’s revenues.
Then, if you like the results of your what-if scenario, you can easily make the changes to your fee structure or invoicing rules. Your “what-if” rules are already in Advent Revenue Center.
Firms can now easily manage their revenue by taking advantage of forecasting in Advent Revenue Center. Call or email now for a Live Demo, and see forecasting in action.