Frequently asked questions about Goalseeker®


Duration: 04:11

Frequently asked questions about Goalseeker®

Duration: 00:04:11

The text of the FAQ podcast follows:

  • I’m back with Dr Richard Allan to talk about some of the most frequently asked questions regarding Goalseeker.
    First of all, Richard, does Goalseeker have any ownership links to banks or financial institutions?
Absolutely none. We are an Australian company and in fact Goalseeker was designed in Australia and is operated by Australians. The number of financial links with banks is nil.
  • Another question: how much forecasting of currencies is involved?

Zero.
This is one of the main strengths of Goalseeker. Foreign exchange is employed as a catalyst; it’s sold the moment it’s earned. Therefore no forecasting and no speculation. What exporters get is their cash profit locked into Australian Dollars.

  • Goalseeker is designed for exporters, but what about importers?
Exporters are frequently also importers so we have built into Goalseeker a section for importing that’s to minimise costs and there is a more specialised model for importers but the current import section should be more than adequate.
  • So how do I convince my board Goalseeker is actually going to boost our cash flow?
I think both boards and the management team require a real time simulation – a trial run. So I recommend is you take out initial four month subscription and test it under live operations and simulate some “what if?” situations. You would then be in a good position to present Goalseeker to the management team and board if you wanted to proceed.
  • Another question: why can’t I do this myself? It seems to be a fairly simple system; do I really need Goalseeker?

Yes, you can do it yourself. All you need are some Excel or similar programming expertise.

What we give you is a professional day by day updated list of how and where you can maximise your profitability and for a lot of companies that saves them time and effort and also provides an independent of advice.

  • Is there any training needed to use Goalseeker?
Not much. As part of your initial subscription we provide a complementary in-house workshop or workshops for up to three hours. In these sessions you take us through input unique to your business - especially your goal, which becomes Goalseeker’s target. The output will then also be unique to your company - and you don’t have to supply any business-sensitive figures. Our aim is to make everyone comfortable with Goalseeker.
  • So I don’t have to give you any confidential information?
We prefer it that way. Goalseeker is a business tool and confidentiality is central to that.
Any other questions?