Valsight was founded in 2015 as a spin-off of the Hasso Plattner Institute and is now headquartered in Berlin with about 30 employees. As a German software-as-a-service (SaaS) company, Valsight enables enterprises to maximize their financial performance. The vendor envisions faster and better support for management decisions by creating data-driven insights. Specifically, Valsight provides companies with functionality to flexibly simulate financial plans, forecasts or any scenario on the fly.
Valsight supports value-driver-based planning and forecasting as well as simulations and the interactive analysis of results. Driver models describe the essential business contexts of a business model and are the basis for flexible, transparent simulations of effects. The creation of driver models can be done by business users in a graphical drag-and-drop user interface, which requires no knowledge of scripting. To model more complex cause-and-effect relationships, an integrated formula language is also available.
With the scenario manager, users can directly enter new insights, either derived from a company’s business environment or regarding the development of certain drivers, and then immediately include them in the respective scenario. Driver-based forecasts can be created using automated updates of actual values and may include statistical functions, for example LOOKUP or ARIMA. To adjust forecast values, driver-based actions can be entered. With the option to quickly and flexibly create new scenarios, a larger spectrum of values can be calculated and analyzed for each KPI. Planning and simulation results can be analyzed ad hoc and interactively via multiple diagrams, dashboards and an integrated presentation mode. Integrated collaboration features and commenting capabilities support data-related discussion of results. Workflow functionality is available as standard to control planning, forecasting and simulation processes. Programming skills are not required to set up and run Valsight, so integration into the existing infrastructure can therefore be completed in a relatively short timeframe.
In addition, Valsight offers consulting support for setting up and managing the driver models and simulations as part of the license agreement. Beforehand, users can opt for a paid pilot phase lasting one to three months to experience the benefits of the simulation software.
User & Use Cases
86 percent of Valsight users are planning users – significantly above the survey average of 64 percent – reflecting the fact that it is essentially a planning, forecasting and simulation tool with supplementary analytics capabilities. This is also reflected in its most common use cases: 57 percent of customers leverage Valsight for financial planning. Here, planning takes place at different aggregation levels. Valsight is used for strategic planning (81 percent) and budgeting (49 percent). Besides planning, customers mainly use Valsight for dashboards/scorecards (56 percent), while many plan to use it for forecasting (63 percent), operational planning (40 percent) and ad hoc query (38 percent) in the future.
Valsight targets mid-sized and large companies across all industries. 78 percent of our sample of Valsight customers come from large companies (more than 2,500 employees) with a median of 30 users (including 20 using planning functionality), but the mean of 55 users (49 for planning) indicates there are also some larger implementations.
Current vs. planned use (planning use cases)
N=49
Current vs. planned use (besides planning)
N=46
Percentage of employees using Valsight
N=49
Planning users (as a percentage of all users)
N=49
Total number of users per company
N=49
Planning users per company
N=49
Company size (number of employees)
N=49
Summary of Valsight highlights
With 15 top ranks and 26 leading positions across three peer groups, Valsight once again achieves an outstanding set of results in this year’s Planning Survey. Convincing ratings in several important KPIs help to consolidate its position as an effective planning, forecasting and simulation product in the DACH region. Companies can benefit from using Valsight in terms of increased transparency of planning, improved integration of strategic and operational planning and more precise/detailed planning. In turn, these benefits lead to a better quality of planning results for many customers. 98 percent of Valsight users say they would “definitely” or “probably” recommend their planning product to other organizations – a great indicator of customer satisfaction.
Driver-Based Planning – Top-ranked
Peer group: Performance Management Specialists
Customer Experience – Top-ranked
Peer group: Performance Management Specialists
Performance Satisfaction – Top-ranked
Peer group: Performance Management Specialists
Forecasting – Top-ranked
Peer group: Performance Management Specialists
Simulation – Top-ranked
Peer group: Operational Planning-Focused Products
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