The paradigm for budgeting has changed. Most companies manage their budgeting process with spreadsheets or through home-grown applications. But this is rudimentary and clumsy. Budgets prepared this way are often inaccurate and lack consistency because of the number of iterations and the difficulties in managing them through multiple levels of oversight and approval.
If your budgeting process is typically painful and resource intensive, maybe it is time to consider a new approach.
Move beyond spreadsheets to a system of innovation. You no longer need to feel intimidated by the growing amount of financial data your organization collects. Join the nearly 2,500 companies from around the world who use Prophix to make their financial data work for them.
Use Prophix to immediately address your budgeting concerns and create either simple or very complex budgeting scenarios. Improve organizational agility, gain efficiencies within your department and realize the business value that comes with a budget that is accurate, auditable and collaborative.
Other benefits include
Over 65% of the customers who purchase Prophix begin with a budgeting implementation. This initial experience enables them to automate other processes within the department of finance and creates a vision for how financial data can be managed better and more effectively.
Prophix helps with your Budgeting Pain by providing a vast library of content to guide your company to better budgeting
Watch this overview demo about budgeting and planning with Prophix CPM software.
In any industry – who need to reduce the time and effort involved in creating annual budgets.
"In presenting options to our executive team, we wanted to show them a user-friendly budgeting and forecasting solution, one that non-finance users (in operations, HR, sales, and marketing) could master. Prophix demonstrated to us that anyone with simple experience using Excel could get up and running quickly to enjoy the software's benefits."
Controller, Long Term Projects & Engineering Services
Invensys Rail North America