The fastest way to get confident in Feasly is to rebuild a feasibility that has already been done in a spreadsheet, with the spreadsheet open alongside.
Why Rebuild Rather Than Import
The answer is already known. Entering a completed feasibility means every output can be checked against a figure that has already been tested and trusted. When the numbers line up, confidence is earned rather than assumed.
The project is not the variable. Working with familiar numbers means the attention goes on the platform rather than on the deal.
The differences are worth finding. Feasly calculates to the inputs entered, not to an estimate. Where results diverge, it usually traces back to something the spreadsheet was approximating: GST treatment, funding interest against a flat assumption rather than the actual draw schedule, or a cost carried loosely. That gap is the most valuable thing a first feasibility produces.
Feasly rewards detail. Spreadsheets tend to consolidate amounts into single lines and shorten names to fit a cell. Neither constraint applies here. Split consolidated figures into separate line items and write names out in full: each line item is scheduled individually, and those names appear in reports that go to funders and partners.
Most feasibilities take an hour or two to enter. Cost Assist preloads typical cost lines for the development type, so much of the structure is built before any inputs.
How to Work Through It
Open the spreadsheet alongside Feasly.
Enter Land, then Costs, then Sales, using tabs to mirror how the spreadsheet is organised.
Open the Feasibility Summary and compare it against the spreadsheet's bottom line. This is available before Scheduling, so the inputs can be validated first.
Add Scheduling and Funding. These are usually where Feasly and a spreadsheet diverge most.
Expect some differences, and investigate them rather than dismissing them. Feasly standardises every amount to Ex GST and calculates funding interest month by month against the actual draw schedule, where a spreadsheet usually carries a single flat figure.
Once the Numbers Match
The structure only has to be built once. From there the same feasibility answers questions a spreadsheet cannot answer quickly.
Test a different funding stack in minutes. Duplicate the scenario from the Dashboard and rebuild the funding stack with different sources, rates or terms. Open Reports and the Feasibility Summary displays both scenarios side by side. Comparing a funding structure that would take a day to remodel in a spreadsheet becomes a few minutes of work.
Build a template for a standard development type. Where the same development type comes up repeatedly, saving the cost structure as a template means an end-to-end feasibility takes very little time. Setting Up Templates covers how.
Requesting a Migration
For larger or more complex projects, the Feasly team can migrate Land, Costs and Sales inputs into a new project.
Send the spreadsheet through the in-platform chat, or by email.
The team maps the inputs into a new Feasly project.
The project is shared to your dashboard and ownership is transferred.
Scheduling and Funding are then ready to complete.
Accepting a shared project and taking ownership is covered in the Dashboard article.