Please help check my letter

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Sarunnio

#496480 Fri, 04 Apr 08 10:15 AM

Hi Everyone,

I really need your help in checking my letter. Thanks in advance.

Regarding the demo at XYZ company, we can summarize all the requirements as follows.The company is a public company. Their revenue model comes from toll revenue. Therefore, they have to plan about their toll collection and the cost of new express way construction project. Their aim right now is to improve their budgeting and planning procedure in response to on-demand management financial forecast to make sure that top management will have financial reports in hand and take immediate action right in time. From financial point of view, they need to be able to see what their current cash flow for each project look like, and how much additional fund needed in case their spending exceeds their budget. They need to have more real-time visibility on their budget. Moreover, monthly summary report is required for each month to see the performance. Currently, they have to collect information from excel files received from different departments. Meanwhile, some information can come from other sources as well, for example, invoices and statements form the bank. While, that some new assumption can be added to the model at anytime is one of their requirement. In addition, they need to be able to project their capital for the next 10 year and be able to evaluate their investment for each project by using IRR or NPV method. On top of that, they further mention about their capital budgeting parameters such as revenue, sector, discount, type of car, etc.

Sarunnio