Empowering accounting teams to be more efficient and effective with software 

Research suggests that 88% of spreadsheets contain a major error. Using Excel spreadsheets for tasks increases risks and leads to inefficiencies. intheBlk’s tools and consulting takes away the burden of maintaining complicated spreadsheets so the team can focus on move value-added activities and can make better-informed decisions.

Black-Scholes Valuation (BSV Calculator)

Our calculator automates and organizes an organization's BSV calculations for stock option expense. Key benefits:

  • Automatically calculate volatility based on selected peer group and the weighted-average risk-free rate based on US Treasury rate data.
  • Organize calculations and keep historical data, regardless of your equity administration tool.
  • Export PDF report and CSV data for audit and documentation purposes.

black-scholes valuation calculator

intheBlk - long-range planning headcount graph

Long-Range Planning for Biotech

Our long-range planning tool allows users to run multiple development scenarios and visualize cash-out dates. Key benefits:

  • Dashboard for cash management allows users to make on-the-fly changes and see the cash flow impact immediately.
  • Get a deeper understanding of model assumptions with views designed to see program costs by department and cost phase. Know how each change affects ending cash and expenses.
  • Time saved will allow users to assess model assumptions and craft a better financial story. Maintain credibility by reducing the risk of user errors common in spreadsheets.

ASC 606 Revenue Recognition

Our cost-to-cost, input method, revenue recognition model is built for accounting teams that need to recognize revenue on a biotech collaboration. Key benefits:

  • Store your historical reconciliation securely in the cloud. Files can be changed or deleted accidentally, leaving you without the historical data.
  • Get deeper insights into why your revenue recognition pattern changed. intheBlk provides deeper insights into understanding your revenue recognition patterns.
  • Internal controls get your auditors comfortable with your revenue recognition process. intheBlk provides an internal control log, user limitations and reviews documentation of assumptions used.

intheBlk revenue recognition for biotech collaborations

Why Choose intheBlk:

Model Maintenance
intheBlk designs and maintains the model. This prevents incorrect inputs, broken formulas, and hard-coded cells, ensuring correct calculations every time.
Internal Controls 
intheBlk logs changes to the model and has user access functionality. Maintain monitoring controls around key accounting and budgeting functions.
Version Archive
intheBlk archives each completed version in one place. Know which model was used when and lock when completed to prevent inadvertent changes.
Data Model
intheBlk data exports to a CSV file in a friendly format. Get the benefit of storing source data in a database with the flexibility of ad-hoc analysis in Excel.
Ready for Use
intheBlk tools are ready for immediate use. Get the benefit of the tools on day one. No more waiting weeks on an implementation timeline.

Request a Demo

Compare intheBlk to Excel:

  intheBlk: Excel:
Data Quality:    
Controlled input type Yes No
No broken formulas  Yes No
Version control Yes No
Easily share with others Yes No
Manage user source data Yes No
Internal Controls:    
Version control Yes No
History log Yes No

Ready to find out more? Contact us to start getting the benefit of intheBlk's solutions!

Find Out More

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As part of an initial public offering, a company performs a reverse stock split to price the shares offered. Learn best practices to execute this part of the S-1.  

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Contact Us Today!

We would be delighted to schedule an in-person meeting or a conference call to see if our solutions are a good match for your problem.