Consolidated Systems
The tutorials in this section detail branch or department planning in order to achieve
accountability and measure profitability
SBU System Navigation (13:39)
Learn how to navigate the Consolidated Strategic Business Unit model.
Click on the links below to view and download Compass training materials.
Forecasting in the SBU (20:08)
Learn how to use the Departmental View Tab that gives access to branch/department data all in one screen through your Total Plan level or accessing each plan separately and revising projections.
Click on the links below to view and download Compass training materials.
Funds Pools in the SBU (9:21)
As each branch or department is computed, Compass will automatically balance the sheet using either the Funds Pool In or Funds Pool Out accounts. The use of the Funds Pool accounts allows the User to designate a Cost of Funds usage (Funds Pool In) or Credit for providing funds (Funds Pool Out).
Click on the links below to view and download Compass training materials:
Expense Allocations in the SBU (14:38)
Learn more about the Strategic Business Unit system features that allows the allocation of Direct Expenses between branches or departments.
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Account Projections Overview (9:14)
Learn how this screen allows you to model the growth, pricing, income and expense of the Balance Sheet and Income Statement.
Forecasting Overview (13:42)
Forecasting: Applying Manual Edits and Growth Models to the Balance Sheet
https://youtu.be/NrWRbnM65MU
Forecast Editing Tools (11:49)
The Quick Edit feature provides great power with several shortcut and calculation aides
Forecasting Webinar (57:32)
This 57-minute webinar reviews the different types of growth models, how to forecast using these growth models, and methods for forecasting non-interest income and non-interest expense.
Pricing Models Overview (11:20)
Learn how to link Interest Rates to the Yield Curve with spreads, floors & ceilings.
Pricing Models Webinar (1:17:45)
View this 77-minute session to learn about the essential components of pricing models, creating assumptions, and the application of pricing models in rate shock and budgeting.
Prepayment Utility (28:30)
Learn how Compass captures the financial instution’s specific prepayment experience and allows both simple and complex
prepayment modeling at the account or category level.
Rounding Out Your Assumptions Webinar (1:05:49)
View this 65-minute session to learn how Optionality is addressed in Compass through the Put/Call Feature and Prepayment Modeling. Understand the application of Decay and Alternate Discount Rates on Non-maturing Deposits (NMD). Review the input and functionality of Taxes and Dividends within the model.
Best Budgeting Practices (25:50)
This 26-minute webinar reviews best practice techniques for creating your annual budget and locking your budget for the new year.
https://youtu.be/02BH_rAVtN0
Suspend Auto Reforecasting During Budget Approval (10:45)
Learn how to suspend auto
https://youtu.be/Ogyrp_nSMFM
Locking the Budget (6:33)
Learn how to use the Lock Budget feature to transfer the projections into the Budget Tab.
https://youtu.be/13_yuOAYe-8
Year-End Shift (8:21)
This tutorial reviews the process referred to as shifting the database which is necessary to accommodate projected data for a new 12-month period by moving the prior year’s actual data and storing it as history
https://youtu.be/5wqkHnVGELk