Financial and Risk Simulation Analysis

What is financial and risk simulation analysis?

Financial and risk simulation uses a graphically oriented forecasting and risk analysis simulation program for the decision maker incorporating Excel spreadsheets that take the uncertainty out of decision making.  The program extends the forecasting capability of spreadsheet models in a more efficient and accurate manner through the use of Monte Carlo simulation, a process that uses random numbers to measure uncertainty or risk in a spreadsheet model.

What are the benefits of financial and risk simulation analysis?

The program allows you to answer questions such as "How likely are we to achieve this level of profitability?" or "Which variable in the simulation is most sensitive to change?"  The Monte Carlo simulation provides the opportunity to run up to 10,000 trails of, for example, a budget spreadsheet or proforma income statements.  The program reduces the uncertainty of the decision making displays the entire range of possible outcomes and potential for achieving the outcomes.

What can CIRAS do for my company?

CIRAS can help you look at financial decision-making processes that improve production and growth.  Using financial models to evaluate your business, CIRAS can help you save time and money over the long run.  CIRAS can assist you with developing financial projections for decision making and business plans with the addition of Monte Carlo simulation to reduce risk and increase analysis capability.

What is my next step?