Home > Case Studies > Flight Industry Financial Model
Flight Industry Financial Model
The Challenge
A travel company needed to submit regular licence applications to ATOL but producing the required financial statements of profit and loss, balance sheet and cashflow forecast was taking up a huge amount of time.
The process was manual, complex and distracting the client from running the business.
What We Did and Why
After an initial consultation to understand their requirements, we designed a bespoke financial model in Excel.
The model automated the production of the profit and loss, balance sheet and cashflow forecast, meaning the client no longer had to rebuild everything from scratch for each application.
With over ten years of Excel modelling experience, we were able to manage the complexity and build a tool that was both accurate and easy to use.
The Result
The client told us the model has drastically reduced the time needed for each ATOL application, freeing them up to focus on running and growing the business.
By saving time on admin, they’ve also been able to increase profitability.
Message Us