Break Free from Siloed Data for Corporate Performance Management Excellence
A smarter approach to Corporate Performance Management
Struggling with disconnected systems and outdated reports? Prophix is the platform for Corporate Performance Management, ensuring data accuracy, efficiency, and actionable insights, so you can drive better business outcomes with confidence.
Achieve new levels of financial performance
Be hyper precise and amplify financial performance
- Control your financial outcomes with accuracy and precision. Increase forecast accuracy and validate your data through AI-driven predictive forecasting, while streamlining disclosure management.
- Eliminate human error and increase your team's confidence in what they report on with Account Reconciliation and Intercompany Management.
- Remain compliant and stay ahead of evolving ESG regulatory reporting requirements with data integrations for over 300 data sources and an intuitive reporting engine.
- Reduce risk and speed up regulatory filings through XBRL/iXBRL.
Drive agility and adaptability with Workflow and automation
- Eliminate disparate tools and vendors with one integrated financial performance platform. Share data, enhance security and increase efficiency with one source of financial truth.
- Improve forecast and month-end close timelines with collaborative workflows that allow everyone across your organization to contribute to budgets, intercompany reconciliation, financial consolidation and financial close.
- Foster a culture of engagement and collaboration among stakeholders through real-time status updates on upcoming tasks, deadlines, and reminders. Stakeholders stay connected to the next steps and timelines, so your processes are completed and on time.
- Accelerate the exchange of data between functions and provide visibility across the organization by managing all your data-driven operational planning and finance operations together.
Accelerate financial performance and achieve operational excellence
- Manage economic and environmental volatility with ease with personalized dashboards. Keep business leaders up to date with key performance indicators (KPIs) so they can confidently make decisions based on data. Whether it's improving your cash flows or operating margin, Prophix One brings your data together into a single source of the truth.
- Execute your strategy with increased speed and performance. Prophix One's in-memory cube analysis integrates the Office of the CFO with operational and cross-functional planning processes to improve forecasting accuracy and reduce variances.
Seamless data integration and centralization
- Financial Data integration simplifies the connection and exchange of data between the Prophix One and other financial, operational and business systems like your ERP, CRM, HRIS, and more, providing a single, unified view of your financial truth. Extend the power of Prophix to popular Microsoft 365 applications like Excel®, PowerPoint®, and Power BI®.
- Prophix One’s intuitive, user-friendly interface makes navigation a breeze, enabling finance professionals to leverage their centralized data and engage in cross company financial planning. .
Comprehensive security on a unified platform
- Prophix takes a security-first approach securing customer data, maintaining compliance with industry standards, and employing cloud technology to provide a trusted, secure, and scalable financial performance platform.
- Prophix maintains a comprehensive set of information security and data privacy programs, ensuring top-tier cloud security for your valuable assets. Rigorous audits protect your information, identities, applications, and data, providing greater peace of mind. Accessible from any device, our platform offers unmatched security and convenience for all your financial performance management demands.
Driving Planning accuracy and productivity
SoundOff Signal
Improved income forecasting accuracy by 16.7%, increased accuracy of expense budgets by 32%. Time saved on month-end processes resulting in annual savings of more than $14,000 - all with Prophix.
Health Connect America
Decreased month-end reporting process time from 4.5 days to 2 days, improved Operating Contribution actuals to budget variance by 63% from 16.1% to 6.0% variance to budget. Streamlined budgeting process and achieved external consulting cost savings of $79,380 annually.
USA Properties
50% increase in budget accuracy combined with increased cost controls resulted in a 6.7% increase in operating margin. Reduced planning margin of error by 20%. 4x increase in number of projects under construction due to improved operational planning efficiency.
Hear from real customers
