Budgeting and forecasting. Operational planning. Financial reporting and consolidation. To make these processes work, today’s finance employees need to manage complex requirements for loading data, updating cost drivers, calculating line items, and distributing reports. Even the most seasoned and vigilant employee can make mistakes. This leaves your department without the bandwidth to review the financials thoroughly. You’re likely missing opportunities to gain valuable insights and align your corporate goals with operational tasks.

OTHER BENEFITS INCLUDE

Automate repetitive business processes such as data imports, allocations, consolidation, and currency conversion to run logically and consistently

Improve service quality and reduce the cost of compliance audits by ensuring that the system adheres to applicable standards and policies

Never miss critical steps in your month end close processes or waste time determining the source of errors

Use the automation platform to distribute financial and management reports securely and on time

Save automated task groups for re-use in the future or for sharing with other departments

Continuously monitor the status of critical processes and receive automated notifications regarding status changes

Easily train new employees, including non-finance users, to master the financial automation solution

Direct web access to critical company updates and announcements with Prophix Dashboards

Testimonials

"With Prophix giving us a full understanding of our financials and how they relate to decision making, we hold our people accountable."

AAA Northeast Rich Pacheco - VP, Finance & Administration

Improve your ability to respond quickly

Performance management applications begin with automation. In fact, many organizations initially pilot a CPM initiative to address short-term concerns involving budgeting and forecasting. But the benefits of automation with a performance management solution stretch far beyond the tactical requirements of the office of finance. Assess your current needs to determine whether you can automate manual compliance processes and improve your ability to respond quickly to new regulations, market fluctuations, and employee turnover. Will automating your core requirements support more strategic performance management endeavors in the future?

FEATURED ASSETS