Valsight was founded in 2015 as a spin-off of the Hasso Plattner Institute and is headquartered in Berlin with 40 employees. As a German software-as-a-service (SaaS) company, Valsight enables enterprises to maximize their financial performance. The vendor envisions faster and better support for management decisions by creating data-driven insights. Specifically, Valsight provides companies with functionality to flexibly simulate financial plans, forecasts or any scenario on the fly.
Valsight supports value-driver-based planning, forecasting and simulations and the interactive analysis of results. Driver models describe the essential business contexts of a business model and are the basis for flexible, transparent simulations of effects. The creation of driver models can be done by business users in a graphical, no-code, drag-and-drop user interface. To model more complex cause-and-effect relationships, an integrated formula language is also available. Typical use cases implemented at customers include strategic planning / multi-year planning, target setting, financial forecasting, simulation of investment cases, tariff simulation and M&A simulation.
With Valsight, finance and controlling teams can simulate, analyze and present scenarios flexibly, transparently and quickly. Leveraging the scenario manager, users can directly enter new insights, either derived from a company’s business environment or regarding the development of certain drivers, and then immediately include them in the respective scenario. Driver-based forecasts can be created using automated updates of actual values and may include statistical functions (e.g., LOOKUP, ARIMA). To adjust forecast values, driver-based actions can be entered. With the option to quickly and flexibly create new scenarios, a larger spectrum of values can be calculated and analyzed for each KPI.
Planning and simulation results can be analyzed ad hoc and interactively via multiple diagrams, dashboards and an integrated presentation mode. Integrated collaboration features and commenting capabilities support data-related discussion of results. Workflow functionality is available as standard to control planning, forecasting and simulation processes. Programming skills are not required to set up and run Valsight, so integration into the existing infrastructure can therefore be completed in a relatively short timeframe. Automatic transfer and simple structuring of basic data via various integration options and interfaces from other systems are provided.
In addition, Valsight offers consulting support to set up and manage the driver models and simulations as part of the license agreement. Users can opt for a paid pilot phase to experience the benefits of the simulation software.
The software is fully web-based and available in the cloud leveraging providers such as Hetzner and Open Telekom Cloud, but also Amazon Web Services, Microsoft Azure and SAP HANA Enterprise Cloud upon request. Data storage is relational in PostgreSQL, Microsoft SQL Server or SAP HANA. Data integration and modeling takes place within the Valsight application.
