Financial Model Support
Supporting our clients every step of the way
There’s no budget too small, so we can support you in whatever way aligns best
with your business.
Some of the ways we can help...
Supporting you as you build your model
Working with you to develop a model whilst also developing your team’s modelling skills
Maintaining and updating existing models
We can manage routine and technical tasks quickly and accurately, enabling your team to get on with the important work
Model review, remediation and operation
Working flexibly with you to help identify the need for any remedial actions, implementing them and running the model for you.
Supplementing your team with ad-hoc resource
We can provide as much or as little support as you need when timescales are short or internal resources are limited.
Our clients
Case studies
Power NI is the largest electricity company in Northern Ireland. Their parent is the Energia Group, a leading integrated Irish energy business with substantial businesses in both the Republic of Ireland and Northern Ireland.
In 2018 F1F9 created a best practice budgeting and reporting model for Power NI, followed by two smaller builds looking in more detail at specific elements of the business. Subsequently, Energia Group expressed a desire to improve and standardise their range of financial reporting and forecasting models. In response to this
In 2018 F1F9 created a best practice budgeting and reporting model for Power NI, followed by two smaller builds looking in more detail at specific elements of the business. Subsequently, Energia Group expressed a desire to improve and standardise their range of financial reporting and forecasting models. In response to this
Power NI is the largest electricity company in Northern Ireland. Their parent is the Energia Group, a leading integrated Irish energy business with substantial businesses in both the Republic of Ireland and Northern Ireland.
In 2018 F1F9 created a best practice budgeting and reporting model for Power NI, followed by two smaller builds looking in more detail at specific elements of the business. Subsequently, Energia Group expressed a desire to improve and standardise their range of financial reporting and forecasting models. In response to this We delivered a series of in-house training courses on best practice modelling to finance delegates from businesses across the Group. We recently supplemented this engagement with a ‘model clinic’ and remediation work to a tax model that the Energia Group identified as a priority for development.
As a result of this work, the Energia Group has realised significant efficiencies in their modelling practices. The staff we have trained are now equipped to build better structured, more robust models and have direct access to F1F9 resource wherever it adds value.
In 2018 F1F9 created a best practice budgeting and reporting model for Power NI, followed by two smaller builds looking in more detail at specific elements of the business. Subsequently, Energia Group expressed a desire to improve and standardise their range of financial reporting and forecasting models. In response to this We delivered a series of in-house training courses on best practice modelling to finance delegates from businesses across the Group. We recently supplemented this engagement with a ‘model clinic’ and remediation work to a tax model that the Energia Group identified as a priority for development.
As a result of this work, the Energia Group has realised significant efficiencies in their modelling practices. The staff we have trained are now equipped to build better structured, more robust models and have direct access to F1F9 resource wherever it adds value.
F1F9 worked closely with the Finance Director at Rocket Marketing Group, a business that creates, develops and manages a variety of added-value reward and customer loyalty programmes. Our client needed to create a forecasting model to support the planning of a medium-term business strategy and, by the end of the process, have the capability to build models of similar complexity without help.
F1F9 worked closely with the Finance Director at Rocket Marketing Group, a business that creates, develops and manages a variety of added-value reward and customer loyalty programmes. Our client needed to create a forecasting model to support the planning of a medium-term business strategy and, by the end of the process, have the capability to build models of similar complexity without help.
We planned a combination of online training resources, on-the-job coaching, and joint design and build — all to fit within the available budget. Online training resources could be utilised when time allowed and when content was relevant to the build. The model build itself was facilitated by regular video conferences for planning, discussion of approach and targeted training on specific aspects of the model. We took responsibility for parts of the build where Victoria needed to focus on her role as Finance Director.
Our flexible response to the needs of Victoria and Rocket enabled them to gain the key business insights they needed, and to be equipped for whatever analysis the business will demand in the future.
Our flexible response to the needs of Victoria and Rocket enabled them to gain the key business insights they needed, and to be equipped for whatever analysis the business will demand in the future.
Virgin Trains is a train operating company that has operated the InterCity West Coast franchise since 1997. It operates long-distance passenger services on the West Coast Main Line between London, West Midlands, North West England, North Wales and Scotland.
The company’s previous process for budgeting, reporting actuals and updating forecasts was complex and time-consuming, with the complexity leading to errors in the final output. Over 80 spreadsheets were in use across 11 departments for the budget process alone. Duplication of common inputs led to inconsistency.
The company’s previous process for budgeting, reporting actuals and updating forecasts was complex and time-consuming, with the complexity leading to errors in the final output. Over 80 spreadsheets were in use across 11 departments for the budget process alone. Duplication of common inputs led to inconsistency.
Virgin Trains is a train operating company that has operated the InterCity West Coast franchise since 1997. It operates long-distance passenger services on the West Coast Main Line between London, West Midlands, North West England, North Wales and Scotland.
The company’s previous process for budgeting, reporting actuals and updating forecasts was complex and time-consuming, with the complexity leading to errors in the final output. Over 80 spreadsheets were in use across 11 departments for the budget process alone. Duplication of common inputs led to inconsistency.
F1F9 created a new process for updating, analysing and communicating large financial datasets in 8 Excel financial models which take inputs from core non-Excel management information systems. This dramatically increased budgeting and forecasting efficiency as well as reducing the risk of errors. The reporting process is now simple and more accurate with a rapid turnaround. We worked in close collaboration with our Virgin Trains contacts and completed the work in 2 months. The new process has been fully adopted within Virgin Trains and F1F9 are providing ongoing support.
The company’s previous process for budgeting, reporting actuals and updating forecasts was complex and time-consuming, with the complexity leading to errors in the final output. Over 80 spreadsheets were in use across 11 departments for the budget process alone. Duplication of common inputs led to inconsistency.
F1F9 created a new process for updating, analysing and communicating large financial datasets in 8 Excel financial models which take inputs from core non-Excel management information systems. This dramatically increased budgeting and forecasting efficiency as well as reducing the risk of errors. The reporting process is now simple and more accurate with a rapid turnaround. We worked in close collaboration with our Virgin Trains contacts and completed the work in 2 months. The new process has been fully adopted within Virgin Trains and F1F9 are providing ongoing support.