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Email: partnerships@silicoai.com
160 Kemp House, City Road, London, EC1V 2NX, UK
Let us help you make better business decisions. Contact us today to start your Business Process Simulation journey.
Email: sales@silicoai.com
160 Kemp House, City Road, London, EC1V 2NX, UK
With a finance twin, companies can take the first step towards creating
a Digital Twin of the Enterprise (DTE) while deriving immediate benefits. Digital Twins allow finance teams to forecast and analyse, for example, revenues, costs, and margins as part of flexible, rolling, and ad-hoc budgeting exercises and strategic performance management initiatives.
They help optimise pricing and contracting, make or buy, target market, and product portfolio decisions.
Silico lets us make future decisions that benefit the whole organisation rather than individual business units and promotes transparency to align stakeholders around change initiatives.
- Head of Transformation
One customer identified that without transforming their current process in time to support their commercial growth objective, they would miss out on £200mn of revenue over 5 years.
We have our business intelligence tools to tell us what has happened and use Silico to tell us what is going to happen.
- Head of Department
Using Silico one customer identified the optimum transformation pathway which is simulated to achieve an 8.3% revenue uplift over the next 2.5 years.
One customer uses Silico to prioritise transformation initiatives across a global process to ensure they are carried out in the optimal order.
Significantly speed up delivery times of products, bringing revenue forward and increasing customer experience.
Silico lets us make future decisions that benefit the whole organisation rather than individual business units and promotes transparency to align stakeholders around change initiatives.
- Head of Transformation
One customer identified that without transforming their current process in time to support their commercial growth objective, they would miss out on £200mn of revenue over 5 years.
We have our business intelligence tools to tell us what has happened and use Silico to tell us what is going to happen.
- Head of Department
Using Silico one customer identified the optimum transformation pathway which is simulated to achieve an 8.3% revenue uplift over the next 2.5 years.
We have our business intelligence tools to tell us what has happened and use Silico to tell us what is going to happen.
- Head of Department
One customer uses Silico to prioritise transformation initiatives across a global process to ensure they are carried out in the optimal order.
Optimise decisions at the lowest level, like pricing towards individual customers, to maximise organisation- wide outcomes.
Overcome organisational silos and integrate purchasing, production, sales and more to connect your entire organisation with a single source of truth and purpose.
Allow decision makers to monitor and optimise financial decisions using insightful, interactive, real-time dashboards
Let your analysts spend their time on developing valuable recommendations and insights rather than collecting data and creating new models.
To develop a simulation model of your finances, Silico requires information about the relevant parts of your organisation, like products, materials, and customers, and their relationship from, for example, existing spreadsheets or discussions with your team.
We work with your team to gain an understanding of what inputs, outcomes, and problems decisions makers want to simulate and evaluate virtually.
Realistic values for relevant variables such as processing times and available resources.
An understanding of decisions and problems of your operational decision makers.
Make Finance work for everyone.
While some people may view the role of CFO as primarily financial, it is also important to have a strategic vision for the company. This is where a Business Process Simulation (BPS) based Digital Twin can be extremely helpful.
Pricing & Contracting is a critical function for any company, but it can be particularly challenging in fast-paced, volatile environments. A Business Process Simulation (BPS) based Digital Twin can help companies develop a competitive advantage by reacting to changes quicker, more accurately, and more strategically than competitors.
Sales teams can use a Business Process Simulation (BPS) based Digital Twin to develop a competitive advantage by reacting to volatile environments and other changes quicker, more accurately, and more strategically than competitors.
Digital Twins can be used to support a wide range of business decisions, from long-term strategic planning to real-time operational decisions. By understanding how changes will impact business performance, organizations can make more informed decisions that can lead to a competitive advantage.
BPS provides a complete view of an organization's procure-to-pay process and can be used to optimize that process by identifying inefficiencies and opportunities for improvement. Additionally, BPS can be used to simulate different scenarios in order to find the optimal solution for a given situation.
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Are you looking to learn more about Business Process Simulation and how it can help you to build a digital twin of the enterprise? Download our free guide to get up to speed:
