The FINAN EXPERT software (financial analysis and evaluation for Greek Accounting Standards) is used for the financial analysis of balance sheets and the accompanying statements, resulting in a large number of printouts and charts, ideal for analysing the current state of a business, comparing it with its sector, forecasting future Balance Sheets and income statements and analysing them financially. The results are printed in both English and Greek.
Main functions and results:
Creation of a Cash Flow Statement
Calculation of Working Capital and Borrowing Needs
Calculation of the Sales at which the Business breaks even (Break-Even Point)
Comparison with Competitor Companies
Analysis of the method of Financing (Sources & Uses of Funds)
Calculation and Analysis of Financial Ratios
Calculation of Return on Investment
Uses of the program:
The software can also be used for:
Obtaining a loan from banks
Presentation to the board of directors
Creation of viability studies or for participation in funded programmes
Consolidation of balance sheets
Evaluation of the position of the business in relation to its economic environment, as well as in other cases
Main EXPERT Benefits:
Automatic evaluation of a business, as if it were done by a human expert
Automatic production of free-text commentary that ‘speaks’ e.g. about how the business is financed, where it is weak and where it excels
Text with the critical points of the Business, what they are, and how the business responds to them
Evaluation of competitor businesses (the texts it produces say what is happening in the specific business)
Evaluation of suppliers or customers
Built-in evaluation template that can be modified
Automatic export of the text to WORD, as it will be delivered
Key Benefits
High quality & standardisation of work in creating a Business Plan
Minimisation of the time needed to produce business plans, with high productivity
Avoidance of the human errors that would most likely arise without it, and electronic filing
Suitable and necessary for both large and small businesses, which by using software can organise themselves on international standards and behave like large ones in facing modern competition
Low cost compared with the benefit it offers, considering the cost of a Business Planning study and of monitoring its progress
Provision of profitable, high-level and prestigious services with a simultaneous profit opportunity, owing to the great need for business plans
High professional competence, with the built-in experience of more than 1,700 Finance Directors and Business Consultants who are Specisoft customers
Installed in almost all the universities and technological institutes of the country, which guarantees that it incorporates all the knowledge required to create Business Plans
