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2024 At a Glance - Nevada

A firm founded to revolutionize FP&A technology in the Gaming/Lodging Sector

Founded by an ex VP of FP&A with decades of gaming/lodging perspective, LTM brings together the best in class subject matter expertise and analysis techonology to elevate financial performance in all divisions of your business.

Our flagship product is Vedas. Named after ancient Sanskrit texts, Vedas is a cutting edge FP&A tool that brings FP&A focus to where it should always be - analysis of the gaming/lodging business.

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*reflects data from Jan. 2023 thru Dec. 2024

What sets us apart is that unlike our competition, where you are responsible for the construction and the maintenance of the business intelligence techonlogy, we offer a pre-built tool that can be implemented within four weeks and can then be developed to your needs. So you start with a product that is 80% complete, and see the results instantly.

Bill Singh has sixteen years of experience in gaming/lodging FP&A space, with the most recent being the VP of FP&A at Genting Americas. He holds a Bachelors of Science in Business Administration from University of Nevada, Reno, and is a CFA Charterholder.

At Genting, he ran FP&A for eleven years, and led the implementation of business intelligence technology to transform the financial reporting and budgeting needs of the business.

He believes that a solid command of the financial statements is fundamental to the growth of a hospitality firm, yet the currently available FP&A technology is far out of reach for companies, as it is expenstive to buy, hard to implement, and as user-unfriendly as it can be.

He founded LTM Consulting Group to create a technology product to circumvent all these hurdles, and offer an out-of-the box business intelligence tool that can immediately transform all of financial reporting and budgeting needs by using a cloud based platform.

The answer is Vedas - a business intelligence tool designed by a user, for the users.

Vedas is built from the ground up with an efficient user-interface with less than 15 dashboards that are purpose built to answer 80% of the questions in your strategy meetings. We know that, because unlike our competition, we have been in those meetings to help run a real business.

As for the other 20%, we develop it for you, for free. Read more below to see how we differ from the competition.

Vedas vs Competition

Category
Deal Structure
Implementation
Cost to Develop
Cost per User License
Data Warehouse
Statistical data
Daily Profit and Loss Statement
Return on Investment
User Interface
Demo

Vedas
Licensed as a pre-built product, that can be further developed for your business
Pre-built to satisfy 80% of your financial analysis and reporting needs, and can be further tailored to your business
We incurr the cost of development as you are licensing the product
Includes 20 user licenses as part of the package which should cover Directors and above for most companies, with further licenses available
You deliver the data to us in Excel; we maintain the data warehouse that is optimized with Vedas
Daily revenue from audit is presented inside the BI tool
Provides a P&L by day by department with actionable level of detail to minimize the losses
The Daily P&L will help you strategically identify and address loss generating areas of the business
Built under the guidance of VP from Gaming/Lodging FP&A
You buy what you see, just like anything else in your life

Anaplan
You purchase an enviornment (think a kitchen), and "cook" the software yourself.
Hire a third-party implementation team at $300 per hour; possibly spend $250.0k or more.
$250-$300 per hour, could cost millions of dollars
Anaplan: $2k/yr per User, $10k/yr per Admin, IBM: $10k/yr +$0.9k/yr per user
You manage the entire stack
Requires significant development
Not capable
Unclear
Designed by developers.
You are shown the "Art of the Possible"