Structuring Financial Simulator Functions for Better Performance and Integration
In the State Changers meeting, the participants discussed the development of an operating model simulator. The main focus was how to structure subfunctions to be taken as inputs. The example used was an operating model that takes a series of inputs, demonstrated through activities such as deferred tax and prepaid expenses.
Part of the meeting focused on planning how to manipulate the output, which is data constructed step by step, and conform it to the main function to ensure everything is calculated correctly. The manipulation includes changing the way the data is organized - shifting from a driver-centric to a period-centric orientation. With this change, the goal was to facilitate more efficient calculations and better structuring of the data.
The participants also discussed the future plans for the simulator, mentioning potential additions such as a CapEx schedule and an income tax schedule. The complexity of integrating these elements into the simulator was highlighted, drawing attention to the challenges of keeping the code elegant as the tasks become more complex.
Towards the end of the discussion, Intuit's API documentation was mentioned, specifically its complexity and lack of user-friendliness, and was used to underline the difficulties in maintaining the elegance of code when dealing with complex and multifaceted tasks.
No specific tools or platforms such as "Xano", "FlutterFlow", "Zapier", "Make", "Integromat", etc., were mentioned in the transcript.