Scenario Planning

Overview

Our scenario planning feature allows you to explore multiple possibilities of what might happen and plan accordingly. It helps you create multiple contingency plans depending on what happens in the future.

Some common cases where you would want to use scenario planning:

• Best & Worse case scenarios for sales growth number. This allows you to see how much cash you have to spare when your sales are doing better or worse than expected. You can then plan for additional spending or budget cuts.
• A/B/C Plan for fundraising. Plan out your spending and future hires depending on how much you raise during a fundraising round. Be prepared no matter how much you end up fundraising.
• Perform a sensitivity analysis on metrics such as churn rate or growth rate to see how much impact it has on your runway.
• Plan for an aggressive hiring quarter and see the impact on your burn or runway right away.

Create a Scenario

To get started with scenario planning, first make sure your main financial plan is currently set up on the Main branch. Your Main branch can be considered to be your base scenario or the most likely to happen case. Once you have some planning done on your Main branch, you can create an additional scenario by clicking on the dropdown arrow next to Main in the bottom left corner of the navigation bar(above your email).

Click + Add New Branch and enter a new branch name. Click Create Branch to create a new branch.

Switch Branch

You can switch between multiple scenarios at any time.

Rebase from Main

There is a sync icon to update the branch with the latest changes from Main. This icon will replace all variables that were not edited on the scenario. This includes forecasts, employees, contractors, or models. To apply the change made on Main (new hire for example) onto the branch, click on the rebase icon next to the branch name from the list of branches.

Promote a Scenario to Main

You can convert a Scenario to your Main branch at any time after creating a scenario. This allows you to quickly replace your Main/Expected case with a Scenario that happened. To Promote a scenario to main, click on the crown icon next to the branch name from the list of branches.

Scenario Comparison

After you have created multiple scenarios, you can compare them through the Dashboard page.

Dashboard

When adding/editing a chart, you can choose to compare one scenario(Main) or multiple scenarios within the chart.