Welcome to Whitebirch Software

Pillars

Superior Financial Modeling Capabilities Experienced Modeling Team Unparalleled Collaboration Platform
Whitebirch is unmatched in the universe of financial modeling software. Its object-oriented design gives users the ability to design, build, and manage their financial models more efficiently even while reducing modeling risk.
A sophisticated team of financial modelers support the Whitebirch platform. Our professionals have deep domain knowledge, speak your language, and ensure that you use the platform to its full potential to achieve exceptional results. Whitebirch is designed as a complete, end-to-end modeling platform that addresses the needs of all stakeholders – from the business analyst to the Chairman of the Board.
 

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A broad spectrum of clients rely on Whitebirch for financial modeling as part of their strategic planning processes:

Are you in the right place? What do we mean by financial modeling?

The term financial modeling software is often used to describe a broad suite of use cases, from accounting software (capturing and organizing the results of historical transactions), to business intelligence software (slicing, dicing, and pivoting historical data to extract information), to budgeting software (rolling-up distributed current-year detailed estimates to create the essentially static document known as the budget), to forecasting software (projecting the detailed budget using relatively simple projection logic). All of these types of software focus on data and therefore are database-oriented.

However, when an institution needs to project financial results into the future, a data-oriented solution is often not apropos. To consider alternative views of the future, formulaic logic is required. Analysts need to be able to model alternative sets of assumptions, consider new operating initiatives, and/or fold capital projects into the projection. No simplistic extension of historical data can capture this level of complexity. No database-oriented software is sufficiently robust to analyze the myriad possibilities that often need to be considered when developing a prospective view of the future.

Most institutions use spreadsheets or forecasting modules (attendant to their database software) to create such prospective views. To be sure, sometimes these spreadsheets and forecasting tools can suffice. If the logic is relatively simple, and the projection logic is easily organized and managed, spreadsheets/bolt-on modules work fine. However, if the model becomes complex, and/or the logic becomes convoluted, and/or the number of assumptions and scenarios grows, spreadsheets/forecasting tools begin to collapse under their own weight or otherwise come up short. Data becomes more difficult to manage. Results become more difficult to present. Changes to scenarios/assumptions/formulas become unwieldy. The opportunity for mistakes grow. In short, the analysis becomes difficult, the chance for error increases, and decision-making therefore suffers.

Spreadsheets and forecasting modules are sometimes the right tools if one needs to develop a simple 50- or 500-line model. However, if your modeling needs are more complex, if the questions you need to answer require more than changes to a few variables, if the logic you employ might change over time, these other solutions come up short. We believe Whitebirch is the only financial modeling platform designed for the sophisticated modeler.

 

The most powerful financial modeling engine available

Whitebirch on the other hand solves all of these problems. It offers the most sophisticated prospective financial modeling engine available. Whitebirch focuses on creating a time-series financial projection utilizing customized projection logic to model future outcomes. The formulas designed and developed by Whitebirch users are similar to those written in spreadsheets, but are organized fundamentally differently to enhance manageability, auditability, and version control. Patented functionality permits unlimited numbers of scenarios and changes (including changes to logic) to reside in the same model at the same time. Unique presentation capabilities allow users to more easily share results, change assumptions, fold in new initiatives, and otherwise make better decisions. No other financial modeling software offers this level of sophistication.
 

Markets Served

Corporate Applications: Operational projections, project finance, capital projects, mergers, acquisitions, divestitures, debt, operating metrics, credit management and ratings analysis.

Higher Education: : Student enrollment, financial aid discount, waivers, and remissions, auxiliary enterprises, gifts, sponsored research, appropriations, investments and endowments, employees, non-personnel expenses, deferred maintenance, debt, operating projects, capital projects, credit management and ratings analysis.

Municipalities:Operational projections, revenue enhancement, work force analysis, retirement/pension liabilities, capital funding evaluation, debt, credit management and ratings analysis.

Utilities: Rates and rate base analysis, capital planning, debt, consent decrees, affordability, internal policy-driven metrics, credit management and ratings analysis.

Transportation: Operational projections, capital planning, debt, internal policy-driven metrics, credit management and ratings analysis.

Independent Schools: Student enrollment, financial aid discount and remissions, gifts, investments and endowments, employees, non-personnel expenses, debt, operating projects, capital projects, credit management and ratings analysis.