Lunch ‘n Learns
The following videos will show you how to get your month-end numbers into Compass, …
Lunch 'n Learn - Red Flags! Who Needs ‘Em? Not You!
Let’s review the two most common asked about red flags, why they are important and how to correct them.
Lunch 'n Learn - PPP Loans; Recording, Forecasting, & Measuring Impact
PPP Loans; let’s review setting them up in Compass, how to forecast the portfolio and what reports to use for best measuring impact.
Lunch 'n Learn - Budgeting and Planning in Times of Uncertainty
Did your 2020 Budget include the possibility of a global pandemic? Well, you’re not alone. Most institutions didn’t see this one coming either. Our clients are asking questions such as, “How do I handle negative rates? How will the change to the economy impact my loan portfolio? And what about the effect on my budget?” In these difficult times, Plansmith is here to help.
Lunch 'n Learn - Compass Version 8.3.60 (39:50)
The latest Compass release is almost here, and we want to give you the lowdown. Join us for a Lunch
Click on the links below to view and download Compass training materials.
Lunch n' Learn - Budgeting and Planning FAQs (47:48)
Get all of your budgeting/planning questions answered once and for all!
Lunch n' Learn - Budgeting Wrap-Up (36:56)
You’ve finalized your budget – now what? Learn what to do after your budget is complete during this interactive Lunch
Lunch n' Learn - Communicate Your Numbers Like a Pro (35:05)
You have the numbers, but how do you make them tell your banks story? Learn how to use numbers to communicate like a pro during this interactive Lunch
Lunch n' Learn - Forecasting & What-ifs (48:46)
You have a budget, but now it’s off! What do you do? Learn how to
Lunch n' Learn - Pricing Model Maintenance (41:57)
How do you maintain pricing models when market rates are changing? Watch the recording to hear best practices, presentation tips, and a live Q&A.
Lunch n' Learn - Maximize the Compass Add-ins for Excel (40:50)
You may already have the Compass Add-In for Excel, but are you using it to its fullest potential? Learn about the custom set of Excel functions that let you automate your spreadsheets during this interactive Lunch & Learn.
Lunch n' Learn - Compass Clean Up (51:25)
For banks and credit unions, fall is planning season. Learn how to get your Compass housekeeping done before budgeting starts during this interactive Lunch & Learn.
Lunch n' Learn - All About Reports (40:49)
Lunch n' Learn - Budgeting Q&A (36:44)
Lunch n' Learn - Plansmith Resources (31:23)
Lunch n' Learn - All About Graphs (36:03)
Lunch n' Learn - Executive Dashboard (36:55)
Lunch n' Learn - IRR Simplified (36:51)
Lunch n' Learn - Report Designer (16:29)
The Report Designer allows you to select account and ratio data from Compass’ vast database and place it on a spreadsheet-type layout, perform some basic calculations and save it to the Report Menu.
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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