Does your budgeting process still take way too long? As your business grows, budgeting becomes more complex and harder to manage. Spreadsheets don’t always simplify budgeting, they can introduce additional complexity, management, human-error, and delays into an already complicated process. You need a flexible and accurate tool that gives you control over your budgeting process.
With budgeting software from Prophix, you can take the pain out of your current budgeting processes. Modernize your planning needs by centralizing your data, streamlining your processes, reducing human error, and enabling automatic consolidation, empowering your Office of Finance to become agile.
Explore the benefits of Prophix and how it transforms the budgeting process for businesses in any industry
Tired of switching between your CRM, ERP, and payroll software to collect the data needed to build your budgets? With Prophix, data collection and consolidation is automated, condensing all relevant metrics into a single budgeting platform. This increases your data accuracy and eliminates the need for manual data input.
When building budgets in the past, you’ve probably found it difficult to coordinate between different departments and navigate competing interests. Now, employees can easily enter data how and when they want, increasing buy-in for the budgeting process. Easily track your approvals, involve more decision-makers in the process, and improve both collaboration and accuracy with Prophix.
Prophix greatly simplifies data collection and consolidation to save you time and money. Quickly and easily measure performance, manage budget versions, and reduce human intervention to improve efficiency and save time. Prophix offers an integrated, innovative way to improve your annual budgeting process, which creates more time for analysis and helps you understand what drives profitability in your business.
With all your data combined into a single centralized platform, you now have greater insight into the implication metrics have on your budget. You can see the big data picture with in-depth reports, KPIs and adjust your budget for the optimal results with just a few clicks. Leverage crucial data insights to build the best budget.
Today, automation capabilities are more powerful than ever. With Prophix, you can automate the menial tasks associated with budgeting. For example, you can automate your budget submission and review processes with workflows, removing one more task from your to-do list.
Switching between multiple platforms and working in spreadsheets can easily lead to errors. A missed value or incorrect formula could destroy your whole budget! Instead, you need budgeting software that has built-in controls and enhanced data accuracy.
Prophix Cloud lets you easily access your budget from anywhere, on any device. Modernize your planning infrastructure and enjoy cloud-only innovations such as Prophix AI.
Using Prophix's software to automate the creation of our annual budget has been a real game-changer - and we have improved our forecasting, too. We also generate reports on-demand that compare actuals, budgets, projections, previous year data, and variances.
Ashley Naegle Business Manager Utah State University
Improve organizational agility, gain efficiencies within your department, and realize the business value that comes with a budget that is accurate, auditable, and collaborative. Choose Prophix for your budgeting software, and reap the benefits of automation at every step.
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