The tutorials in this section will provide a Compass overview with tips for basic navigation and reviewing reports.
Budget Compass Plus & Financial Compass Navigation
Compass provides easy navigation using a button bar with graphic symbols to quickly and easily move through the various operational functions.
https://plansmith.com/pub/tutorials/Navigation_Overview_FC_BCP/Navigation_Overview.html
Click on the links to view and download additional training materials for this module.
Best Practices Checklist (8:16)
Learn best practices for maintaining your Compass plan on a monthly, quarterly, and annual basis.
Click on the links to view and download additional training materials for this module.
32bit Excel: Reporting Using the Excel Add-In (39:11)
This tutorial is a step-by-step guide to using the Compass Excel Add-In, including information on linking your plans to the Add-In, using the Data Wizard to automate your data import, and creating custom reports.
https://plansmith.com/pub/tutorials/AddIn32/AddIn32.html
Click on the links to view and download additional training materials for this module.
64bit Excel: Reporting Using the Excel Add-In (39:17)
This tutorial is a step-by-step guide to using the Compass Excel Add-In, including information on linking your plans to the Add-In, using the Data Wizard to automate your data import, and creating custom reports.
https://plansmith.com/pub/tutorials/AddIn64/Using_the_Compass64_AddIn.html
Click on the links to view and download additional training materials for this module.
64bit Excel: Installing the Add-in
Click here to view tutorial on how to install Excel Add-in
Reporting with the Executive Dashboard (12:01)
The Executive Dashboard is the reporting capability that creates Internet-based, point and click analysis at a glance, distilled from the vast quantities of information in your Compass.
https://plansmith.com/pub/tutorials/ExecutiveDashboard/Executive_Dashboard_Overview.mp4
Click on the links to view and download additional training materials for this module.
Reporting Overview (16:58)
Review how literally, thousands of reports and graphs are instantly available in Compass.
Click on the links to view and download additional training materials for this module:
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.
https://plansmith.com/pub/tutorials/Report_Designer/Report_Designer.html
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Contact
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Toll Free: 1.800.323.3281
Local: 1.847.359.4045
Fax: 1.847.705.8200
info@plansmith.com
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