Startups drive the economy! How do financial forecasting tools like EY Finance Navigator support startups?
Description: Startups disrupt the economy and force it to evolve, by advancing technology, increasing employment, opening new markets and boosting production of goods and services. To achieve this, startups will often rely on funding, especially in their first years of existence. Financial forecasting becomes important for startups from the start, as it quantifies their business model, their unit economics and the funding required to grow. EY Finance Navigator is a financial forecasting tool specifically developed for startups, which received IMA’s Corporate Recognition Award in 2019. During this interactive webinar we will discuss latest trends of startups in the economy, why financial forecasting is important to them especially during the Covid19 crisis, share the corporate innovation story of EY Finance Navigator and of course demo the tool.
Bio: Alexandros Matthiessen, co-founder of EY Finance Navigator and manager at EY’s CFO Consulting department in Amsterdam. Alex advises companies on topics related to management accounting & control, financial reporting, the digital transformation of their finance function and is the Global Leader of EY Finance Navigator. Furthermore, he is experienced in sell-side transactions where he supports companies with financial modeling, business plans and investor readiness. He is a visiting EY lecturer and regularly startups & scaleups on Entrepreneurial Finance. Alex achieved his Bachelor’s in International & European Economic Studies at the Athens University of Economics & Business, followed by a Master’s in Economics at the University of Edinburgh. He is also a Certified Management Accountant (Institute of Management Accountants).