Fast
Financial Design Tools –
New Category of Financial Software Developed in Houston
Click here for
more details about VentureCAD. VentureCADTM and
VentureEQUITYTM are the first entries in
a new software category: Fast Financial Design Tools, used in
enterprise
level financial strategic decisions involving (1) cash requirements
to grow the business and (2) the pricing and sale of equity to
finance the growth.
The proprietary software is graphic, interactive and highly automated,
generating quick, accurate sales and resource projections that
are ultimately integrated into a double-entry styled set of GAAP
financial statements that accept beginning balances and generate
Income, Balance, Cash Flow and Detailed Cash Flow statements.
Seven-year
old First Sovereign Equity Research (FSER) is the developer of
the software.
Founder and principal software architect Bruce
Badeau (bruce@fser.net) says, “Our
clients demanded rapid, financial projection and future enterprise
valuations for investors.
This analysis couldn’t be done by standard accounting packages,
which are compilations of financial history or by other low-end
business planning software packages”.
After researching
names, Badeau chose VentureCAD because of the following analogy:
Architects
use AutoCAD© to design buildings,
so why shouldn’t a financial strategist have access to a
powerful tool to design the financial architecture of the enterprise,
hence VentureCAD.
Together, Bruce
Badeau and Don Turner (CPA), Controller of National HealthCare
Alliance,
designed the first version to help clients
of an automotive products marketing consultant predict the effects
of advertising on sales, profits and resources. At first the program
was a very large Microsoft Excel© application and rather clunky
at that.
Later it grew to over 1.5 million calculating cells, highly automated
with Visual Basic controls and macros. The projected financials
always balance and there are many sophisticated financial components
such as the ability to globally age accounts payable and receivable
into a 30-60-90-120-150-180 day profile. Output is in color with
charts and graphs, highly desirable for investor presentations
and demonstrations.
A broad and diverse client base has consistently driven the program
towards perfection. Some of the industries serviced are listed
below:
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