Welcome to the Synario Blog

Multi-Year Financial Planning: A Strategic Advantage
Multi-Year Financial Planning: A Strategic AdvantageWhy Long-Term Planning Outperforms Short-Term Planning in the Long Run5 min Read Evidence suggests companies that engage in multi-year financial planning tend to outperform their…

The Importance of Goal Setting for FP&A
The Importance of Goal Setting for FP&A 3 min Read Setting goals is integral to running any successful business and can provide clarity and motivation for you and your…

Scenario vs. Sensitivity Analysis
Scenario Analysis vs. Sensitivity Analysis Which Method Should You Use? 5 min Read Life – as well as running a business – is full of uncertainty. That said, there…

Exploring Multiple Scenarios
Exploring Multiple Scenarios How a Daunting Task Can Become An Exciting Exploratory Approach 5 min Read Scenario analysis is a method used to analyze the impacts of future events by investigating…

Setting Up Scenarios in Today’s Environment
Setting Up Scenarios in Today's Environment Thinking Through Scenarios How do you create scenarios when performing a scenario analysis? Listen in as Brandon Rosenbluth, Director of Client Services at Synario,…

4 Macro Factors Driving Higher CFO Investment in Fintech Solutions
4 Macro Factors Driving Higher CFO Investment in Fintech Solutions 4 Macro Factors Driving Higher CFO Investment in Fintech Solutions For the past few years, the Finance function has been…

How Extended Planning & Analysis (XP&A) Can Grow Your Business
How Extended Planning & Analysis (XP&A) Can Grow Your Business 5m Read What is extended planning & analysis? Although Gartner officially…

3 Key Steps to Financial Flexibility and Business Agility
3 Key Steps to Financial Flexibility and Business Agility 5m Read Despite the pandemic’s sweeping economic impact, companies that were…

5 Ways to Build a Culture of Accountability at Your Company
5 Ways to Build a Culture of Accountability at Your Company5m Read It has become increasingly challenging to foster effective…

THE ENROLLMENT CLIFF: A “Netflix Moment” for Higher Ed
THE ENROLLMENT CLIFF: A “Netflix Moment” for Higher Ed 5m Read What is the higher education enrollment cliff? American post-secondary…

Know Who You Are
Know Who You Are 2m Read As the pandemic enters its third year, companies are forced to take a step…

Creating a Powerful Purpose-Statement
How to Create a Powerul Purpose-Statement 5m Read Click image to enlarge What is the purpose of your company (or…

What is Cash Flow Analysis and Why Does it Matter?
What is Cash Flow Analysis and Why Does it Matter?9m Read Every business worries about cash flow—after all, it’s the…

The Tool HBCUs Need to Invest for Long-Term Success
The Tool HBCUs Need to Invest for Long-Term Success5m Read The higher education sector has been hit hard by COVID-19,…

Wisely Ride the Bond Wave to a Healthy Financial Future
Advice for Higher Ed! Wisely Ride the Bond Wave to a Healthy Financial Future 5m Read The COVID-19 pandemic has…

How the Fed and World Leading Organizations Use Scenario Analysis and Financial Modeling
How the Fed and World Leading Organizations Use Scenario Analysis and Financial Modeling 5m Read The Federal Reserve (‘the Fed’)…

Why You Need a Cash Flow Analysis Template
Why You Need a Cash Flow Analysis Template 5m Read 82% of small businesses fail because they don’t manage cash…

Acquisition Planning in Business Explained
Acquisition Planning in Business Explained 5m Read In today’s business world, there are more large-scale acquisitions than ever before. In…

Strategic Workforce Planning Solutions & Tools
Workforce Planning Software: How to Put Your HR Data to Work 6m Read Workforce planning is the process of planning…

Why You Need a Cash Flow Analysis Template
Why You Need a Cash Flow Analysis Template 6m Read 82% of small businesses fail because they don’t manage cash…

4 Tips to Get The Most Out of Your Cash Flow Software
4 Tips to Get The Most Out of Your Cash Flow Software 6m Read Why do they say cash is…

Cash Flow Analysis Examples: How to Analyze Your Cash Flow Statement
Cash Flow Analysis Examples: How to Analyze Your Cash Flow Statement 9m Read As a business leader, it’s crucial to…

Business Risk Analysis Explained
Business Risk Analysis Explained 6m Read Running a business carries several risks. Some hazards can destroy a business, while others…

The Importance of Sales Forecasting
The Importance of Sales Forecasting 6m Read Sales forecasting is a critical business exercise that creates sales projections and business…

Contingency Planning: Effective Tips & Strategies
Contingency Planning: Effective Tips & Strategies 6m Read What if you return from a conference to find your entire executive…

What Is Model Sensitivity in Sensitivity Analysis?
What Is Model Sensitivity in Sensitivity Analysis? 8m Read Anyone looking to leverage financial modeling at their company should understand…

What is Sensitivity Analysis and How Can It Help Your Organization?
What is Sensitivity Analysis and How Can It Help Your Organization? 10m Read What if you had the power to…

Discounted Cash Flow Analysis
What You Need to Know About Discounted Cash Flow Analysis 10m Read When the world is so unpredictable, how can…

How Telecom Financial Modeling Software Helps Companies Stay Competitive
How Telecom Financial Modeling Software Helps Companies Stay Competitive 8m Read Financial modeling is imperative for any business: it allows its…

Higher Education Debt and Capital Market Overview
Higher Education Debt and Capital Market Overview 5min Read The higher education industry is in a state of flux from…

The Truth about Business Intelligence
The Truth about Business Intelligence 8 min Read “Improving revenues using Business Intelligence (BI) is now the most popular objective…

Preventing Scope Creep in Financial Modeling
Preventing Scope Creep in Financial Modeling 2 min Read What is a Project Scope? Scope refers to the objectives of…

Not Your Average Financial Software Implementation
Not Your Average Financial Software Implementation 8min Read Exceptional Implementation in Less Time With an average implementation time of three…

Modeling COVID-19: Economic Impact Scenarios Infographic
Modeling COVID-19: Economic Impact Scenarios Infographic 4m Read COVID-19 cases continue to grow in the United States and other countries…

Design Thinking in Financial Modeling
Design Thinking in Financial Modeling 5 min Read Striking the right balance between the level of trust-inducing granular detail in…

Analyzing PPP Loans through Financial Modeling
Analyzing PPP Loans through Financial Modeling 5m Read Payroll Protection Now Available As federal, state and local governments attempt to…

Whitebirch Is Now Synario
Whitebirch Multi-Year Planning has rebranded to Synario. The new name represents our focus on offering finance leaders the best financial…
Modeling the Second Wave of COVID-19
Modeling the Second Wave of COVID-19 10min Read A Multi-Industry Outlook on Coping with a Second Wave of COVID-19 As…

Future Proofing Your Organization through Agile Planning
Future Proofing Your Organization through Agile Planning 45min Webcast NACUBO Webcast – Future Proofing Your Institution Through Agile Planning Presented…

An Open Budget Book
An Open Budget Book 3 min Read Business Officer Magazine November 30, 2017 Colleges and universities across the country have…

Why Bank & Financial Institution Modeling Matters Now More Than Ever
Why Bank & Financial Institution Modeling Matters Now More Than Ever 5 min Read The specifics surrounding financial models typically…

The Problem With Financial Modeling Software Solutions
The Problem With Financial Modeling Software Solutions 5-Min Read Financial modeling software solutions are used to answer a single, high-level…

COVID-19 Makes Pharmaceutical Financial Modeling More Important Than Ever
СOVID-19 Makes Pharmaceutical Financial Modeling More Important Than Ever 5 Min Read As COVID-19 continues to alter our world in…

The Case for Financial Modeling
The Case for Financial Modeling 3 min Read What is a model? A model is a tool to forecast some…

How to Set the Right Goals for Your Financial Model
How to Set the Right Goals for Your Financial Model 3 min Read As you set out to build a…

A Simple Guide to the 10 Types of Financial Models
A Simple Guide to the 10 Types of Financial Models 5 Min Read Financial modeling is a process that uses a…

Project Prioritization and Funding in Synario
Endicott College 15min Read Project Prioritization and Funding in Synario Download the PDF Introduction In the middle of 2019, Endicott…

Predict with Precision
Predict with Precision 2 min Read Probabilistic Thinking in Financial Modeling Financial professionals can gain valuable insight through probabilistic scenario…

Navigating Economic Uncertainty with Financial Modeling
Navigating Economic Uncertainty with Financial Modeling 5 Read Navigating Economic Uncertainty with Financial Modeling The coronavirus-induced collapse of the global…

Modeling vs Budgeting: Organizational Interdependency
Modeling vs Budgeting: Organizational Interdependency 9 min Read Two different organizational challenges require two different solutions. Similar to how budgeting applications…

Higher Ed: Pivoting for COVID-19
Higher Ed: Pivoting for COVID-19 5 Minutes Read While the social and economic impacts of the growing coronavirus outbreak have…

Financial Modeling Framework
Financial Modeling Framework 8 min Read Setting goals will allow you to define the scope and framework for your model. Scope is…

6 Reasons to Ditch Excel
6 Reasons to Ditch Excel 5 Min Read Why It’s Risky to Use Excel as a Financial Modeling Tool The…

Barton College
Barton College 8 min Read Details Background Wilson, North Carolina Four-year, private, co-ed institution 923 full-time undergraduate and graduate students…

Wofford College
Wofford College 15min Read Use Case Overview Read the full use case Standing out in today’s higher education environment is…

Setting Up Scenarios in Today’s Environment
Setting Up Scenarios in Today's Environment Thinking Through Scenarios How do you create scenarios when performing a scenario analysis? Listen…

From Survive to Thrive: How UCLA Uses Synario for Cash and Investment Planning
UCLA Case Study From Survive to Thrive: How UCLA Uses Synario for Cash and Investment Planning 6 min Read Highlights…

3 Key Steps to Financial Flexibility and Business Agility
3 Key Steps to Financial Flexibility and Business Agility 5m Read Despite the pandemic’s sweeping economic impact, companies that were…

5 Tips For Securing Buy-In From The Boss And Beyond
5 Tips For Securing Buy-In From The Boss And Beyond 5m Read Buy-in is a crucial part of any company’s…

THE ENROLLMENT CLIFF: A “Netflix Moment” for Higher Ed
THE ENROLLMENT CLIFF: A “Netflix Moment” for Higher Ed 5m Read What is the higher education enrollment cliff? American post-secondary…

Scenario Planning: 4 Scenarios to Evaluate Now
Scenario Planning: 4 Scenarios to Evaluate Now 5m Read The pandemic in 2020 caught everyone off guard. We all hoped…

5 Steps Your Contingency Planning Should Include
5 Steps Your Contingency Planning Should Include 4m Read For millennia, lighthouses have guided ships safely out to sea or…

Why You’re Doing Sales Forecasting All Wrong
Why You’re Doing Sales Forecasting All Wrong 10m Read Organizations use sales forecasting to predict the amount of revenue they…

Why Workforce Planning Software is Essential for Your Organization
Why Workforce Planning Software is Essential for Your Organization 10m Read The role of technology increasingly influences the modern economy.…

What is Sensitivity Analysis in Finance?
What is Sensitivity Analysis in Finance? 10m Read Despite the benefits that financial modeling brings to analysts and decision-makers, modeling…

How to Perform a Financial Sensitivity Analysis
How to Perform a Financial Sensitivity Analysis 10m Read Financial models are great tools to assess the health and financial…

Sensitivity and Risk Analysis Techniques Every Business Owner Should Know
Sensitivity and Risk Analysis Techniques Every Business Owner Should Know 10m Read Sensitivity analysis aims to eliminate uncertainty about the…

Managing Student Outcomes By Modeling Financial and Strategic Challenges
Managing Student Outcomes By Modeling Financial and Strategic Challenges 10m Read Many industries have been hit hard by the onset…

How to Do a Cash Flow Analysis in Excel
How to Do a Cash Flow Analysis in Excel 10m Read Businesses have bills to pay. But as sales and…

Get More Out of Cash Flow Statement Analysis
Get More Out of Cash Flow Statement Analysis 10m Read Remember Cuba Gooding Jr.’s line in Jerry Maguire? “Show me…

Sensitivity Analysis Examples: Learn How to Take Control of the Future
Sensitivity Analysis Examples: Learn How to Take Control of the Future 10m Read Every financial model has multiple assumptions. That…

3 Sensitivity Analysis Formulas You Should Know
3 Sensitivity Analysis Formulas You Should Know10m Read The internal operations of a company can change in a matter of…

A Beginner’s Guide to Small Business Financial Modeling
A Beginner’s Guide to Small Business Financial Modeling 10m Read Today’s small businesses are in a volatile and unpredictable environment…

The Tool HBCUs Need to Invest for Long-Term Success
The Tool HBCUs Need to Invest for Long-Term Success5m Read The higher education sector has been hit hard by COVID-19,…

Wisely Ride the Bond Wave to a Healthy Financial Future
Advice for Higher Ed! Wisely Ride the Bond Wave to a Healthy Financial Future 5m Read The COVID-19 pandemic has…

How the Fed and World Leading Organizations Use Scenario Analysis and Financial Modeling
How the Fed and World Leading Organizations Use Scenario Analysis and Financial Modeling 5m Read The Federal Reserve (‘the Fed’)…

Price Elasticity Models and Optimization
Price Elasticity Models and Optimizations 8m Read Price elasticity refers to the property that the price of an object will…

A Real-World Financial Forecasting Example That’s Easy to Understand
A Real-World Financial Forecasting Example That’s Easy to Understand 10m Read Without a crystal ball, financial forecasting is your best…

Your Handy Pocket Guide to Forecasting Financial Statements
Your Handy Pocket Guide to Forecasting Financial Statements 10m Read Financial forecasting is imperative to understanding how your company’s finances…

6 Common Methods Used in Financial Forecasting Models
6 Common Methods Used in Financial Forecasting Models 10m Read Leadership teams regularly agonize over the profitability and growth of…

What Is Scenario Analysis and How Can It Future-Proof Your Business?
What Is Scenario Analysis and How Can It Future-Proof Your Business? 5m Read Every company on earth wants a “future-proof”…

The Importance of Reliable Scenario Analysis in Financial Forecasting
The Importance of Reliable Scenario Analysis in Financial Forecasting 9m Read Finance and scenario analysis go hand in hand. As research…

How to Do a Scenario Analysis in Excel
How to Do a Scenario Analysis in Excel 7m Read “What if…?” It’s a question that every company should consider…

Scenario Building: What You Need to Know
Scenario Building: What You Need to Know 10m Read The concept of “analysis paralysis” is all too familiar to any…

Scenario Planning Example
Scenario Planning Example: How to Plan for Any Future 10m Read Amid a pandemic rife with uncertainty, most of us can agree…

An In-Depth Scenario Analysis Example
An In-Depth Scenario Analysis Example 10m Read The benefits of scenario analyses cannot be underestimated. By considering different outcomes, companies…

The Scenario Planning Template
The Scenario Planning Template You Should Be Using 10m Read F. Scott Fitzgerald once said, “The test of a first-rate intelligence…

Scenario Planning in Strategic Management
Scenario Planning in Strategic Management 10m Read The only thing that’s certain is that life, and business, are uncertain. So,…

Futures Thinking and Scenario Planning
Futures Thinking and Scenario Planning 10m Read Nobody has a crystal ball. So, how do you plan for an uncertain…

Setting Up Scenarios in Today’s Environment
Setting Up Scenarios in Today's Environment Thinking Through Scenarios How do you create scenarios when performing a scenario analysis? Listen…

How Extended Planning & Analysis (XP&A) Can Grow Your Business
How Extended Planning & Analysis (XP&A) Can Grow Your Business 5m Read What is extended planning & analysis? Although Gartner officially…

Why You Need a Cash Flow Analysis Template
Why You Need a Cash Flow Analysis Template 5m Read 82% of small businesses fail because they don’t manage cash…

Collaborating with Colleagues
Collaborating with Colleagues 5m Read Watch the Webcast This article was adapted and expanded from the Creating and Enabling Leadership…

Beyond Implementation – Making the Most of Synario
Beyond ImplementationMaking the Most of Synario 4m Read The Planning Process Synario implementation is an exciting time to discover how…

What is Strategic Planning?
What is Strategic Planning? 5m Read A strategic planning framework is essential in any industry. For example, strategic planning in…

Financial Visibility: Profit and Loss Statements Explained
Financial Visibility: Profit and Loss Statements Explained 5m Read “Did I make money, or not?” “What is a P&L statement?”…

Transitioning From Excel to Synario – An Infographic Overview
Transitioning From Excel to Synario – An Infographic Overview 8m Read Financial Modeling Software That Fits Your Skillset Without other…

SMART Goal Setting in Synario
SMART Goal Setting in Synario 7 Min Read Setting goals is the first step to getting the most out of…

What Is a Base Case Evaluation?
What Is a Base Case Evaluation?5m Read Financial planning is essential to any business’s survival. Companies need to understand how…

How to Calculate Marginal Cost: A Step-by-Step Guide
How to Calculate Marginal Cost: A Step-by-Step Guide 7m Read The concept of marginal cost can be difficult for business…

How to Calculate Retained Earnings
How to Calculate Retained Earnings 8m Read As you review financial news or reports, you might ask questions like: “What…

The Value of Multiple Users in Synario
The Value of Multiple Users in Synario 8m Read Unlike Excel, Synario is a collaborative application. Users are encouraged to…

Operational Planning – Utility Modeling Series
Utility Modeling SeriesOperational Planning 4m Video Utility Financial Modeling – Streamlined Operational Planning in Synario Operational planning and utility rate…

Capital Funding & Improvement Planning – Utility Modeling Series
Utility Modeling SeriesCapital Funding & Improvement Planning 3m Video Utility Financial Modeling – Accelerated Capital Planning in Synario Balancing a…

American Rescue Plan Impacts – In-Person vs. Remote Mega-Analysis
In-Person vs. Remote Mega Analysis:American Rescue Plan Impacts 3m Video Modeling College and University Faculty, Staff, and Salary Changes In…

Endowment Returns and Annual Giving – In-Person vs. Remote Mega-Analysis
In-Person vs. Remote Mega Analysis:Endowment Returns and Annual Giving 3m Video Modeling Changes to Endowment Returns, Utilization, and Annual Giving…

Personnel Impacts – In-Person vs. Remote Mega-Analysis
In-Person vs. Remote Mega Analysis:Personnel Impacts 3m Video Modeling College and University Faculty, Staff, and Salary Changes In the third…

Auxiliary Impacts – In-Person vs. Remote Mega-Analysis
In-Person vs. Remote Mega Analysis:Auxiliary Impacts 3m Video Modeling College and University Housing and Dining In our second video for…

Student Impacts – In-Person vs. Remote Mega-Analysis
In-Person vs. Remote Mega Analysis:Student Impacts 5m Read Modeling the Student Impact Scenarios In our first video for the In-Person…

Navigating the COVID-19 Rollercoaster
Navigating the COVID-19 Rollercoaster 7m Read COVID-19 has changed the business world forever. From working from home to school campus…