Problem-solving and other things
Recently we’ve been considering the problem of problem-solving with Moneyscope.
By problem-solving, we mean those occasions where a client’s forecast kicks up a cash-flow dilemma somewhere down the line - where cash runs out, for instance.
At the moment, you might have to turn to your own Excel spreadsheet - or a heavy-duty piece of financial planning software - to help solve the problem and remodel the forecast.
We’d like to fix that and we thought you might be interested to see what’s behind our thinking. So Richard has recorded the short screencast (above) to explain what we’re working on at the moment.
As you’d expect from Moneyscope, we’ll make sure that the addition of the problem-solving feature doesn’t dilute the speed and simplicity that we know advisers enjoy; we’re just eager to add an easy-to-use tool that we think users will really like.
All being well, we expect to put this change live early in 2012.
A few more things for the wish-list
We consider the addition of the problem-solving feature to be the final piece in the Moneyscope jigsaw, but we’re also thinking about a few small - but potentially useful - tweaks at the moment including:
- Enabling advisers to add their own logo to Moneyscope reports;
- The ability to apply varying rates of inflation to different items of income and expenditure;
- Negative values highlighted in red in Moneyscope graphs.
That’s what we’ve been thinking about but would you find those innovations useful? Let us know what you think.
