Budgeting & Reporting Software for Technology Companies

Funding Rounds, Exit Strategy’s and Covenants

For many fast-growing companies it is imperative to obtain additional funding to enable further growth or an exit strategy. Whether the funding is from Venture Capital, private investors, or standard lenders, all will want to see the current financial status and forecasts for the company. As well as a forecast, there will often be requirements to show different growth scenarios. Failure to be able to answer questions clearly or show how risks are managed could lead to not successfully obtaining additional funding. With all investments clear regular financial forecasts and covenants reporting often are established. The ability to run rolling forecasts easily update covenant calculations is vital. Having a reliable planning model, where changes can be rapidly made.