We utilize the Quantrix application in many facets of the company. We use it for calculating sales forecasts, capacity analysis for plant and equipment purchases, head-count adjustments, and all financial calculations. Prior to Quantrix we utilized Excel type applications. Modifications were tedious and error prone along with the lack of quick turnaround when needed.
- Quickly turn out modified reports with prospective sales
- Alerts you if there are errors in your calculation/formulas
- Allow users to have modified access through the Qloud to do their own modifications without risk of their changes impacting the main model
- Formulas can be tough to come up with if you do not have a deep grasp of SQL
- It is graphically challenged when a visual depiction is needed
It is an amazing program for calculating the capacity of production facilities and equipment needs/purchases. Financials are quick to update and calculate and teams have great confidence in the output of the model. However, to dig into the actual data dump is a bit of a challenge at times when you are looking for a smoking gun.