As the construction industry continues to move from offline to digital based programs, the need for data and understanding its impact on your business is accelerated. Every day you are challenged with new decisions that impact the future, and you need information to make those decisions,fast. Whether its information about your key business metrics or its information about your jobs, you need the right data right now.
What if there was a way to bring together all your data into a single, easy to use environment, where everyone is on the same page? Where you didn’t need to rely on a Consultant or IT to get answers.
What if you could act on that data and update Forecasts, Budgets and Projections instantaneously to see the impact on your Cash Flows?
We used to email over 250 Excel files back and forth during our overhead planning processes. We recognized that this unsustainable. Prophix gave us a solution that is scalable to our business, works with multiple ERPs, is manageable for the Finance team with minimal IT involvement, and has proven to be extremely cost-effective
Dan Derooy Director Of Financial Reporting Skanska USA Building
We were bidding on jobs in one system, scheduling in another and didn’t have any supporting data on whether or not we were actually going to be able to resource the work on time. We’re now able to project that type of information with Prophix and service our customer better.
Leiah Wyckoff Business Systems & Financial Analyst Alterman Inc.
Prophix gives you a great ability to use your current financial data and forecast future revenues and expenses. The additional level of data analysis ability pushes it over the edge. If the data is in your ERP and you want to know something about it, Prophix gives you a way to get that answer”
Andrew Commons Assistant Controller Gaylor Electric
Prophix’s unified Corporate Performance Management platform centralizes data and models all aspects of your business into a single version of the truth. Forecast Cash, Analyze Bids, Manage Equipment Rates and Understand the impact of Safety incidents - Prophix is truly a system to run your business on
With Prophix self-service interactive dashboards, everyone from executives to project managers can get an immediate snapshot of financial data and KPIs to quickly pinpoint projects at risk. Get deeper insight and monitor daily progress with real-time visual analytics and drill-down capability that allows you to compare actuals to budgets by any dimension, such as hours worked, raw materials usage or total costs by work order.
Dive deep into your WIP and truly understand the data from the bottom up. Everything from AR, AP, Billings, Over and Under Billings is all in one place with every level of detail ready to be discovered. Prophix provides users with a simple, easy to use interface to drill down, slice & dice and help make sense of often mountains of job cost data.
Control project costs and plan for new projects through what-if analysis and driver-based modelling. Evaluate the impact on project revenues, costs and profitability by changing certain variables such as utilization metrics, quality of materials used and billing rates. Seamlessly make adjustments to project budgets, forecasts and cash flow projections based on optimum scenarios.
Prophix’s robust modelling and integration capabilities provides contractors with a way to truly centralize their data sources and manage Resource allocations today and tomorrow.
Prophix unified Corporate Performance Management platform centralizes all your financial information and ensures your project job cost information is always in sync with your accounting. With a single source of the truth, everyone – from the field to the office, is always working with the most up-to-date cost information, preventing cost over-runs, reworks and project delays.
Together, we can build a strong finance machine.