PlainsCapital has selected A3 Modeling to unify budgeting and forecasting across all of its banking, brokerage and mortgage businesses
January 9th, 2015 – A3 Solutions, Inc., a leader in Enterprise Budgeting and Corporate Performance Management (CPM) solutions, today announced that PlainsCapital Corporation has selected A3 Modeling to unify budgeting and forecasting across all of its banking, brokerage and mortgage businesses.
"We selected A3 Solutions because it has the flexibility and scalability we need to model the financial complexity of our business. A3 Modeling gives us a unified view of our business at a granular level of detail. It handles our allocations, eliminations, yield and interest modeling without any compromise to our business logic and process," said Aaron Taylor, senior vice president & director of financial planning and analysis at PlainsCapital Corporation. "The implementation was fast – we were up and running within a few weeks."
Using the team's existing Excel expertise, PlainsCapital was able to standardize and rollup a chart of accounts for all three of its operating companies – PlainsCapital Bank, PrimeLending and FirstSouthwest – using A3's comprehensive solution. A3's modeling flexibility is unmatched offering dynamic, real-time spreadsheet models that utilize a company's existing business rules.
"We believe companies should plan their business the way they run their business," said Rob Lautt, CEO and Founder of A3 Solutions. "Companies who choose to implement other corporate performance management (CPM) solutions are often forced to accept and utilize financial logic that's not quite right and processes that are convoluted and inefficient. Using A3 Solutions, companies no longer have to compromise."
Among CPM vendors, A3 Solutions offers more sophisticated modeling technology at the lowest cost to purchase and maintain. In addition to enterprise-level budgeting and rolling forecasting, A3 Solutions offering includes management reporting, multi-entity consolidations, KPI dashboards & balanced scorecards, and ad-hoc analysis.
About A3 Solutions
A3 Solutions Inc. is the developer of A3 Modeling, the (un)CPM, for budgeting, forecasting and financial consolidations and reporting. Designed by Excel users, for Excel users, A3 Modeling is faster, better and cheaper than conventional CPMs. Fast-growing, independent and private, A3 Solutions has customers across North America, including world-class companies like Honda, Sunlife Insurance, Williams Sonoma, and more.