MRI HousingBrixx vs the traditional spreadsheet
Excel spreadsheets can only take your financial and strategic modelling so far. Vulnerable spreadsheet methods can lead to a lack of agility and scalability, human error and slow consolidation processes; meaning frustrating financial processes that often result in the inevitable output of errors – damaging confidence and potential loss of opportunity. Finance departments are having to work harder to make complex reports work, whereas with MRI’s financial modelling software, you don’t even have to think about it.
Create flexible models of your business
Delivering an intimate and detailed understanding of how each critical decision can impact the organisation, immediately and over a longer period of time.
Helps you comply with FFR and SHR legislation
Our financial modelling solution has evolved to closely align itself with the requirements of the social housing market, keeping up to date with legislative changes that impact the way you need to report.
Multiple report generation
A comprehensive suite of around fifty financial, treasury and operation reports. Also supplied with six standard dashboards containing a total of around fifty graphs including automatic calculation of sector-specific VfM metrics.
Understanding of time and accounting behaviours
Your financial models need to represent multiple forecasts and scenario breakdowns in the time frames you want. MRI HousingBrixx allows you to to do this effortlessly, without breaking any formulas or compromising the integrity of your numbers.
Being able to plan, forecast, budget, and report are fundamental functions for finance departments, with the outcome being a set of sound decisions and direction on financial strategy. MRI HousingBrixx allows you to view all these reports collaboratively, whereas in a spreadsheet environment, these functions are multiple exchanges of data and files, stored in separate spreadsheet formats that are difficult to be seen together.
Understanding of best-practice modelling methods
Unlike spreadsheets, the only variable factor which the user can control are the inputs. With around 300 objects within our modelling system, they form intelligent, non-breakable ‘building blocks’ that can be modified to the frequency, duration, title and date that has meaning to you. Spreadsheets do not have this locked down secure approach inherently built in and are therefore vulnerable to corruption
Comprehensive audit history and flexibility
Can you see the whole picture and how you have got to the results, at each stage? Our software can log a comprehensive history of who has performed what and when – an important audit requirement in financial processes.
Using standard components, each housing association has the flexibility to build a bespoke model of their business within the financial modelling tool to best suit its needs, including adding reports as needed.
Find out more about MRI’s range of technology solutions designed specifically for social housing providers.