Want to know more? One of our team will reply to you as soon as possible and will be able to answer any questions you may have. We'd love to help you start making better decisions for your business.
Email: partnerships@silicoai.com
160 Kemp House, City Road, London, EC1V 2NX, UK
Want to know more? One of our team will reply to you as soon as possible and will be able to answer any questions you may have. We'd love to help you start making better decisions for your business.
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 understand how demand forecasts interact with a number of key drivers, including pricing and marketing spend, so that we can pull the right levers to achieve our strategic objectives.
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.
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:
