PROPHIX BUSINESS SERVICES

Establishing Best Practices

• Best Practices - Our professional services team is versed and adept with implementing best practices throughout your organization. Let us help you re-design your business processes to operate more efficiently.
• Providing Documentation - Documentation is an integral part of maintaining best practices throughout an organization. PROPHIX ensures that we document your business processes and key controls for later review or audit.
• Process Review - Managing and reviewing processes help recognize inefficiencies. PROPHIX consultants leverage their experiences and expertise to review key processes and determine how new processes can achieve organization efficiencies.
  
  

Automating the Process

•  Setting Up the Workflow Process for All Users - PROPHIX enables a collaborative process via Workflow. Workflow provides all stakeholders the ability to contribute appropriately to a project.
• Automating the Distribution Process for All Reports - Rather than manually sending out reports when completed, PROPHIX allows you to automate the process. This ensures that all key stakeholders receive relevant information in a timely fashion.
• Analyzing Business Models - PROPHIX provides detailed services to analyze your models and determine an effective and logical approach to model your business.
• Automating Business Processes (Allocations, Eliminations, Minority Interest, etc.) - Process automation allows you to spend less time working on manual processes and more time running your business. PROPHIX can assist and automate your business using both Workflow and Process Manager.
  
  

Business Intelligence

• Identifying and Defining KPIs (Key Performance Indicators) - Many organizations and industries rely upon KPIs to determine the health of their organization. PROPHIX works with your organization to determine which KPIs are most relevant to your business.
• Creating Scorecards and Dashboards - Once an organization has defined key indicators, PROPHIX can use this information to create detailed scorecards and dashboards. This provides users a real-time view of their organization's operational effectiveness.
  
  

Data Management

• Data Cleansing/Data Warehousing - PROPHIX helps you cleanse your data and manage it effectively within a secure system. PROPHIX can be used to create a secure financial information infrastructure for an organization.
• Creating Automatic Links to General Ledgers - PROPHIX supports direct connections to your financial systems or general ledgers. Rather than managing manual data extractions, PROPHIX allows you to manage your data more effectively using Process Manager.
  
  

Managing Security

• Defining Security Rights - PROPHIX assists with security management and developing appropriate controls. PROPHIX's role-based security allows organizations to leverage their existing security systems and management controls to ensure that data is secure.