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Budgeting: Collaboration, Accuracy, Streamlined

Transforming How You Plan For Your Future

See Our Budgeting Demo

Automation for Innovation

Budget faster with greater accuracy

Does your budgeting process still take way too long? As your business grows, budgeting becomes more complex and harder to manage. Budgeting using spreadsheets alone can introduce additional complexity, management, human-error, and delays into an already complicated process. You need a flexible and accurate tool that allows you to plan your way whether you like to work within Prophix or Microsoft® Excel®.

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

Increase Accuracy

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.

Improve Collaboration

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, when and where they want, increasing buy-in for the budgeting process. Easily track your approvals, involve more decision-makers in the process, and improve accuracy and collaboration with Prophix.

Save Time and Improve Efficiency

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.

Gain In-Depth Insights

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.

Automate Tasks

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.

Mitigate Risk

Switching between multiple platforms and working in spreadsheets alone can easily lead to errors. A missed value or incorrect formula could destroy your whole budget! Instead, you need budgeting software that adapts to your way of planning and one that has built-in controls and enhanced data accuracy.

Cloud Computing

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.

Plan Your Way with Prophix for Microsoft 365

Prophix for Microsoft 365 leverages the power of cloud technology to help make the most of your data so that you can make faster and more informed decisions where and when you need to. Work more organically across platforms with the choice and flexibility that Prophix provides and drive forward the speed and efficiency of your Corporate Performance Management software. Prophix for Microsoft 365 seamlessly integrates Prophix data with Microsoft 365 elements to improve your planning efficiency, provide the added flexibility to manipulate data and contribute to budgets in both Prophix and Excel, and even make Prophix data available in PowerPoint for interactive presentations.

Learn More About Prophix and Microsoft 365
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

Additional Resources

Milo’s Tea is Steeped in Budgeting Success
Case Study: Milo’s Tea is Steeped in Budgeting Success
Constructing a Consolidated Budget for Superior Construction
Case Study: Constructing a Consolidated Budget for Superior Construction
Revitalizing the Budgeting
							Process for Silver Chain
Case Study: Revitalizing the Budgeting Process for Silver Chain

FAQs

Does Prophix utilize spreadsheets for the budgeting process?
Can Prophix track approvals and rejections?
Can Prophix accept data from text docs?

Ready to Leave Your Budgeting Spreadsheets Behind?

View a Free Demo to See Prophix Budgeting in Action

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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