Capabilities

Businesses use Prophix to improve performance, operate efficiently, and empower management decisions. Prophix addresses a variety of financial applications, with strengths in the following areas:

Budgeting Budgeting with Prophix makes it easier to control access to budget information anytime and anywhere. All stakeholders, executives and lower level managers, have access to information to make informed budget decisions instead of arbitrary estimates. With the budgeting capability, a safe, error free environment expedites the budgeting process while providing a comprehensive view of corporate data. Learn More [+]

Planning Planning in Prophix provides a forward-looking view into the organization by proactively measuring, analyzing and validating corporate strategic plans against actual outcomes. Different individuals within the company are involved in this process, from the executive high-level strategic managers to the plan implementers (i.e. field managers) and Prophix helps shift your organization from a purely reactive corporate culture to a more proactive one across these various levels. Learn More [+]

Revenue Planning In today's fast-paced business environment, Revenue Planning is essential and is often the first step to determining the organization's overall corporate and strategic objectives for the year. Management needs reliable sales forecast figures, and solid projections are essential to a successful sales strategy and in meeting overall corporate goals. Learn More [+]

Personnel Planning Personnel Planning Software in Prophix allows you to easily handle the many variables involved in numerous payroll calculations; providing the control, accuracy and flexibility required for personnel data analysis. This data is highly sensitive and has a direct impact on the bottom line of most organizations every year, therefore, Prophix integrates the personnel data with the main financial data to provide precise consolidated numbers for complete accurate data analysis and planning. Learn More [+]

Forecasting Forecasting in Prophix allows you to learn from the past and make forecasting and re-forecasting a regular part of the planning routine. Through inherent forecasting automation and user driven forecasting assumptions Prophix can help effectively manage the forecasting process across the enterprise. Learn More [+]

Consolidations Consolidations in Prophix eliminates manual intervention and presents clear insight into consolidated financial information. The sense of urgency from regulatory pressures like the Sarbanes-Oxley Act and IFRS is minimized because consolidation is streamlined, transparent and collaborative. Accurate results are quickly validated and shared across the organization while managing key stakeholder relationships throughout the process. Learn More [+]

Reporting Prophix Reporting provides a comprehensive reporting solution to key stakeholders for timely decision making and timely reaction during monthly forecasts, annual reviews and other business specific periods. The cross functional nature of Prophix reporting provides standard formatted financial statements and tailored company specific management and ad hoc reports for continuous review and analysis. It enables organizations to transform valuable enterprise data into shared information for insightful, timely decisions. Learn More [+]

Analysis Analysis in Prophix plays a critical role in sorting and prioritizing information so that executives and managers can make appropriate decisions and can help a company compete more aggressively. No longer are countless hours and days spent on taking endless amounts of data and turning that into actionable information. Prophix has created analysis tools for business professionals for unbroken analysis and evaluation of information. Learn More [+]

Dashboards & Scorecards Executive Dashboards and Scorecards in Prophix provide an excellent way to empower stakeholders with the ability to identify issues, investigate outliers, and come up with an action plan to meet company objectives. Graphically appealing visuals help employees to better understand and react to the company's overall business performance and sales objectives and easily see where the company has been, while strategizing and planning on where to go next. Learn More [+]

Sales Performance Management Prophix's Sales Performance Management Solution allows organizations to effectively and efficiently run their organization. Sales plans start to become a part of a larger management process called sales performance management and sales' planning is not something that only the sales team is aware of, the whole organization begins to realize the potential of the organization and believes in and wants to reach the projected sales targets. Learn More [+]