📃Plans

Plans are a fundamental concept in Drivepoint. This section provides an overview of plans. Next, we wil l dive into how to use them.

Rollout September 2024: Plans can now be edited and leave a paper trail! More info coming soon.

A plan is a saved snapshot of your model at a moment in time, including all your assumptions, all the historical data, and all the outputs of the model. Importantly, it also contains your commentary about the plan, via its name and description (see our tips for naming plans below). Plans are one of the most powerful features of your SmartModel™️.

An easy way think about plans is that they provide much the same functionality as a "Save As" option that you're used to with traditional documents. You give the plan a different name, just as you would the new file, and you can change the original without making changes the new one. Once you've saved a plan, it's stored safely in the cloud. The goal is that you can easily create and iterate on plans - both what-if's and rolling forecasts. Then, you can compare those plans to each other and your actual performance to better understand your business and find opportunities for growth.

Key Points of Understanding:

• A plan is a point-in-time snapshot.

• Plans are the result of combining data

• Plans contains several critical pieces of information:

  1. Snapshot of the business as it currently exists (historical data)

  2. Forward picture of what the business could do given the available data and a set of assumptions;

  3. Complete record of the assumptions used to generate the plan;

  4. Your commentary about the plan and its purpose (name and description)

  5. Once saved, plans CAN be edited

Quick links to navigate Plans:

Saving a PlanViewing saved PlansReloading saved PlansCan I edit Plans?!