Anuvu provides connectivity and content to aircrafts and cruise-ships. Anuvu has ~1,000 employees globally and has offices on six continents

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Lori and her team explained to Athena their challenges and their vision for the ideal deliverables:

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"Our financial model has been modified at different points in time by various external advisors and by our internal teams. It does the job; but it’s unnecessarily complex. We now have over 50 tabs, many of which we don’t use.

In addition, our business segments provide granular data inputs, that all need to be rolled into the consolidated model – without making it bulky and difficult to use.

 

So.. the objective is to rebuild our model so that it’s very easy to understand and identifies our business drivers and KPIs clearly. We want to be able to update it easily and quickly.

 

And yes, we want to be able to trust every number and confidently use it to make strategic decisions."

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How Did Athena Partner With Anuvu?​

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With the support of Lori’s team, we understood the business drivers in depth. We audited the entire model to identify the data that was relevant. We studied the analysis and the Board and management reporting. We parsed through the 3-statements and made sure the economics of the business were correctly represented in the model. We iterated through the deliverable until we were 100% sure it met all their needs.

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How Did We Help Anuvu?​

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• In just three weeks, the Anuvu Finance team received a financial model that did everything they wanted and is easy to understand, update and use….and about 75% smaller than the model with which we started.

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• Achieved the right balance that allows the segment teams to generate sophisticated input drivers, while keeping the consolidated model lightweight and flexible.

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• Team feels confident about using it for go-forward strategic decision making and about sharing it with investors, management and the Board.