The Venture Studio builds tech-driven businesses collaborating with passionate CoFounders on a journey from idea to investment, MVP and beyond. Their business model involves providing team resource flexibly to their portfolio businesses, some of which is dependant on inward investment which means things can change quickly and accurate forecasting and reliable live data is a must.
The Venture Studio aimed to expand its operations, increasing headcount and tapping into new markets to increase its customer base and revenue.
The collaborative efforts between Gain Insight and The Venture Studio have produced great results during their continued business expansion. In the realm of business model and market complexity - this was high. An in-depth analysis was conducted that highlighted the areas to prioritise (where we'd see the quickest wins, fastest) and we got our heads stuck into the resourcing complexities and how to accurately forecast utilisation and constantly feed the actuals data in to adjust the assumptions we were making. We were able to pull data from Google Sheets and Run.io and pull this into a bespoke dashboard using Causal and custom code (Python). This allowed the team to see risks of under utilisation and a greater visibility of hiring requirements and timings going forward.
We then focused on building models and strategies for currency risk mitigation associated with the international hires required, this led to a notable 7% reduction in margin impact and a stronger cash on hand position which was able to enable a strong and stable financial performance throughout the increased hiring period. As the team expanded their hiring regions we provided localised financial compliance support to ensure that all international regulations were adhered to.
The internal stakeholders were keen to press the importance of aligning the projects onboarding (and the money in) with the resource required to deliver that work. With each customer project having a bespoke set of requirements and timeframes, some of which were dependant on external suppliers and client actions, it was clear it was a challenge that had been causing a lot of headaches. We were able to simplify the process and add flexibility to the model that sits behind it to build in mitigation factors that allowed core team members to quickly and easily adjust the plans and share it with all key stakeholders in an easy to digest manner.
Increase in annual revenue
Consistent Billable Utilisation
Cost Variance
Trimmed costs
Book a free discovery call for a no-strings, impartial chat about your current challenges around FP&A, Modelling and BI.
Speak to the Gain Insight team
