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Frequently Asked Questions

•  Who should use Enterprise Value
Management (EVM) system?


•  What are the instant benefits of using
Governance One EVM?


•  Do I have to be trained as a financial specialist
in order to use EVM?

•  How is Governance One EVM different from other
budgeting and planning tools?

•  How does EVM Executive Edition enable collaboration between those responsible for strategic planning?

•  What are the system requirements of EVM?

•  How to install EVM Executive Edition?

•  How to install EVM and data files on a network?

Q. Who should use Enterprise Value Management (EVM) system?

A. Business owners; start-up founders; entrepreneurs; corporate executives; financial personnel; merger and acquisition specialists; investors; bankers; financial consultants; business advisors, etc. In other words, all those who have a stake in the ownership, management, financing or advising of businesses and those who employ a value mindset to ensure, manage, measure, monitor, encourage and support that maximum value is realized.

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Q. What are the instant benefits of using Governance One EVM?

A. With Governance One EVM, you can perform all of your key planning and performance management functions such as strategic planning, forecasting, budgeting, consolidations, financial reporting, performance analysis and business valuation using one flexible and integrated platform.

•  Cost Reduction. According to research report form Accenture, 80 percent of companies are dissatisfied with their planning and budgeting processes. The study further cited that financial directors ranked budgetary reform as their top priority due to the time-consuming, costly, slow and unresponsive nature of traditional budgeting. While growing, companies' financial support processes get unwieldy and expensive. No one can waste time and money perfecting support functions that demand growing investment in technologies and training. With the cost of budgeting, strategic planning and performance management software easily reaching six figures, Governance One's EVM is an affordable solution at an unbeatable value. With the capabilities and features EVM has, executives can focus on value-creation activities while reducing time and cost of their financial operations.

•  No programming. Governance One has taken care of all of the financial accounting and programming drudgery associated with business financial modeling, allowing you to focus on important issues such as possible business growth strategies and their effect on your finances and the value of your business.

•  No More Spreadsheet Hassles. Many organizations find their spreadsheet systems frail. Spreadsheets are great as personal productivity tools, but disastrous as financial planning, budgeting, and corporate performance management systems. Spreadsheets only provide a single view of the organization. Changing or analyzing data takes huge amounts of time and runs the risk of being wrong due to undetected errors. EVM takes the planning process beyond spreadsheet, dramatically reducing planning cycles and increasing forecast accuracy and data integrity.

•  Effective Communications. Discussion and negotiations between parties centering on resource allocations, performance evaluation, and company valuation, can be compressed into a fraction of the time it usually takes to act out the "battle of the forecast". As a result, communications and understanding are improved and professional advisory fees are reduced.

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Q. Do I have to be trained as a financial specialist in order to use EVM?

A. No! But you'll probably become a very good financial and business analyst as a result of using EVM.

Governance One EVM offers best practices functionality in budgeting, forecasting, and strategic planning. Since EVM is an easy-to-use value management tool, any user with value mindset can just follow his business sense to succeed in using Governance One's EVM system.

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Q. How is Governance One's EVM different from other budgeting and planning tools?

A. Organizations exist to deliver certain value. Companies use a tremendous amount of time, effort, investments, assets and resources. So it makes perfect sense for every business to ensure, manage, measure, monitor, encourage and support that maximum value is realized. However, with the cost of budgeting, strategic planning and performance management software easily reaching six figures, continuous strategic planning and creating shareholder value become the privilege of big enterprises. In order to address the needs of under-served executives and financial professionals in small and medium-sized enterprises who are looking for an affordable value management solution, Governance One rolls out EVM Executive Edition setting itself apart from other tools in the market in following aspects:

•  Powerful built-in best practices functionality
•  Affordable and no extra consultation required
•  No IT people needed
•  Easy to implement and ready to serve
•  Link performance objectives with company valuation
•  Enhance effective value communications
•  Enable executives' focus on key value drivers
•  Facilitate continuous strategic planning

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Q. How does EVM Executive Edition enable collaboration between those responsible for strategic planning?

A. Typically, line managers create their budgets in isolation. This can often result in gaming to maximize their share of resources, regardless of what is best for the organization. With EVM, e xecutives may discuss top-down goals and value-driven forecasts in financial terms and business unit managers may translate the overall company goals into daily action plans. By combining top-down strategic planning and financial modeling with bottom-up executable plan forming as a continual process with common value drivers and assumptions businesses can change operational plans rapidly and efficiently, while identifying and analyzing the gaps in between. Because of EVM's rolling forecasting features, managers are encouraged to collaborate, working together to implement business strategies as efficiently as possible.

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Q. What are the system requirements of EVM?

A. Minimum System Requirements •  Operating System: Windows 98, ME, NT 4.0, 2000, or XP
•  CPU: Intel Pentium III 800MHz or faster processor, or other comparable processor
•  RAM: 128 MB or more. Users running XP should have at least 256 MB or RAM
•  Hard Disk: 37 MB free hard disk space is required for installation Recommended System
•  Operating System: Windows 2000 or XP
•  CPU: Intel Pentium III 1GHz or faster processor
•  RAM: 256 MB or more
•  Hard Disk: 2GB free hard disk space

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Q. How to install EVM Executive Edition?

A. Before beginning the installation for EVM, close all applications.

From a CD-ROM: To initiate the installation for EVM, insert the CD-ROM into the drive. The installation will automatically begin. To manually initiate the installation process, select Start , Run and type D:\SETUP , then press ENTER or click the OK button. If you are installing from a CD-ROM drive other than D, substitute the appropriate drive letter.

Follow the instructions that appear on the screens as you begin the installation.

From a download file: Double click on the download file and follow the instructions.

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Q. How to install EVM and data files on a network?

A. The recommended setup for a network is to install the program to a local drive on each workstation and store the .evm data file on the network drive. Installing the program locally and accessing the data from the network will ensure faster processing. Different users may store their own .evm data files on their local drive to perform different forecasting or analysis based on different assumptions or scenarios.

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Learn and Explore 
Learn more about a particular feature and the benefits EVM can offer you and your organization.
Top-Down Strategic Planning
Bottom-Up Executable Plan Forming
Multi-Dimensional Revenue Forecasting
What-if Scenario Modeling
Rolling Forecasting
Rollup and Consolidation
Variance Analysis

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