PROPHIX Variance Reporting

Variance reporting is an invaluable tool to any individual performing detailed analysis. Variance reporting  is an evaluation of performance by means of variances between budgeted, planned or actual amounts. Simply put, you can measure the effectiveness of your organization against any benchmark, and determine the variance.

PROPHIX enables  you to perform detailed variance analysis. At a glance, you can easily compare the relative success of two different organizations, or compare an organization against past performance or future plans. This added flexibility gives finance professionals the ability to critically analyze the success and ongoing effectiveness of all pieces of their organization.