Workflow, Collaboration, and Automation:

Save Time, Gain Insight, and Increase Accuracy

Work Smarter, Not Harder With Prophix

Every new client, transaction, or additional employee adds to the amount of financial data that you have to collect, analyze, and translate into business decisions. In many cases, these tasks are distributed across your organization, and may require employees around the globe to contribute to the process. Do you feel like you’re spending more time collecting and organizing data than actually analyzing and using it? If so, workflow, collaboration, and automation could do wonders both for your business and your schedule. With Prophix, you can create and deploy efficient workflows and improved collaboration throughout every department and every location of your business. Coupled with enhanced automation of data collection, evaluation, and consolidation, you will take back hours of your day, and assure an accurate single source of data for your entire organization to base their business decisions on.

Discover How Prophix Maximizes Your Profitability Sign Up for a Free Demo Now

Increase Collaboration

Using Prophix’s Workflow Manager, you can easily assign tasks to users and facilitate approvals across your business. Hear from all stakeholders and capture their input directly with the ability to add comments and notes in a single unified database.

Maximize Efficiency

Automate repetitive business processes such as data imports, allocations, consolidation, and currency conversion for a less tedious, more productive way of working.

Eliminate Errors

Reduce data duplication with a single, unified database to store supporting details that help to explain budgets or justify expenditures.

Track Project History

Prophix’s workflow functionality provides a full audit trail, tracking all activities of the software’s users. You’ll never lose track of different versions of a single project.

Make Sure You’re Audit-Ready

Automating your processes and cutting down on errors ensures you’re ready for an audit. Improve service quality and reduce the cost of compliance audits by ensuring that the system adheres to applicable standards and policies.


Does the software provide the ability to enable workflows and automated alerts for variance notification to accountable end-users?

There are a number of ways an owner can be notified of budget variances. Reports can be created and be color coded to reflect the severity of the variances. Dashboards can be created to be front and center when a user logs in to reflect the current state of any variances. In addition, if variance review is part of a workflow process, users can be automatically notified of an out of tolerance variance.

Does your product generate reports automatically based on pre-defined schedules and can they be posted to a portal or emailed for user review?

When you want to ‘run’ or distribute reports like a month end book of reports, Prophix will automatically distribute those reports on a scheduled basis in ‘Report Binders’. These report binders are distributed in PDF format.

Does the proposed software system have a workflow process that enables the budgeted data to be routed for approval and locked upon completion? If so, please explain.

Yes. Workflow is a core strength of the application. Workflows are created and edited, using point and click and select from a list of activities. The administrator creates a project using the “new” button, lays out the steps needed for the workflow, then selects the type of task, owners, approvers, due dates, templates and so forth, from the lists of users and templates that pop up within the workflow manager. The tasks then automatically deploy to the user’s home screen, either immediately or once they become available. The interface is intuitive and can be laid out in more of a list or task style or graphically showing the various dependencies. Multiple workflow processes can be in play at any point in time. The last step of a completed workflow could be to set the budget to ‘read only’, locking it down from further change.

Can your software generate reports by user, based on their security access using a single report template?

Yes. ‘Report Binders’ will recognize the security of the recipient and adjust the report or reports to only what that recipient has permission to see. This level of access is determined by the Prophix Security Manager Application.

With the Excel-based budget planning, it would take probably take three to four months. And a lot of that time was spent on manipulating the data in Excel and getting it to roll out properly. When we went to Prophix, we were able to trim that down to more of a two-and-a-half month cycle, where most of the time was spent on analysis and actually getting into the data and understanding what we were seeing


Want to see our automation solution in action?

See Prophix’s Automation Capabilities in Action

Please fill in your information
All fields are required

First Name:
Last Name:
Company Name:
Yes, send me emails on Prophix Products, Services, and Events.

By completing the above form you are agreeing to receive further communications from Prophix and share your contact information with authorized and approved Prophix partners as we are committed to complying with GDPR regulations. We consider your privacy to be of utmost importance and work hard to protect it. You can unsubscribe from Prophix email communications at any time, click here.