Invantive at Eusprig 2014

Invantive Control at Ballast Nedam [1]

Invantive Controlat Ballast Nedam

Invantive Control at Ballast Nedam [2]

1. Invantive Control in general

2. Benefits of Invantive Control without disadvantages of Excel and database

3. Uses of Invantive Control at Ballast Nedam

Table of contents

Invantive Control at Ballast Nedam [3]

• Excel add-on Invantive Control used to financially manage projects.

• A functional(1.2) and reliable(1.4) tool that helps provide an overview of a projects’ future.

• Data used is accessible(1.3) at any time and is

unambiguously(1.1) stored.

1. Invantive Control

Invantive Control at Ballast Nedam [4]

• Input-data can only be processed one pre-defined way.

• Pre-defined way can be adjusted to all users’ needs, flexibility is not really an issue.

1.1. Ambiguity

Invantive Control at Ballast Nedam [5]

• Large, complex projects require overview to make major critical decisions.

• Invantive Control translates input-data into a clear overview in no time.

1.2. Functionality

Invantive Control at Ballast Nedam [6]

• Database is accessible for everyone at any place and at any time.

• Because of unambiguous storing, data is understandable and readable for everyone.

1.3. Accessibility

Invantive Control at Ballast Nedam [7]

• Lack of flexibility increases reliability of input-data.

• Incorrect or even incomplete data is quickly detected due to clear overviews.

1.4. Reliability

Invantive Control at Ballast Nedam [8]

• Flexibility of Excel with pre-defined formulas to increase reliability and clarity.

• People are familiar with Excel, especially non-financials.

• Flexible database can easily be adjusted for managerial and presentational purposes.

2. Benefits without disadvantages

Invantive Control at Ballast Nedam [9]

´Our land bank is very divers; each holding has its own characteristics, opportunities and threats. With software from Invantive we manage to keep control over all these different positions very effective and efficient.’

• BN uses Invantive to value and monitor our land bank holdings.

3. BN Development Company

Invantive Control at Ballast Nedam [10]

• Compose cost-benefit analysis.

• Project future cash flows over time.

• Value landholding by analyzing different scenarios. Integration of @Risk (3.3) enables us to easily execute an extensive

scenario-analysis to determine an accurate value for every position.

3.1. Value our land bank

Invantive Control at Ballast Nedam [11]

• Invantive Estate as a Management Information System (MIS) to monitor projects.

• Due to link with ERP system and Invantive Control always a live financial situation.

• Used to make accurate investment decisions.

• Data vault

3.2. Monitor our land bank

Data vaults (>3 GB)Excel with

Invantive Control

Invantive Control at Ballast Nedam [12]

• Invantive Control has @Risk integrated in its formulas, use of add-in is highly simplified.

• Frequently used during tender phase to perform scenario analyses on complex, long term projects.

• Used to define critical risk parameters and get a feeling with a projects’ possible future cash flow

3.3. Integration of @Risk

Invantive Control at Ballast Nedam [13]

• Since 2009 at BN Development Company

• Small projects from € 5 million

• Big projects from € 100 million

• Positive review by accountant, being ‘in control’ in annual report

3.4. Facts

Invantive Control at Ballast Nedam [14]

Questions?