Expect the Unexpected
Quickly model for sudden market and economic shifts

Top-performing organizations have budgets and forecasts that align tightly with company strategy. These plans translate business objectives into financial roadmaps for the future but often do not address the “what-ifs” of an ever-changing business world. With businesses moving faster than ever, manual planning processes and spreadsheets alone lack the automation and collaboration required to help organizations to plan for and navigate changing market conditions.

With Prophix, you can minimize the time, effort, and complexity often associated with scenario planning helping you to explore new opportunities, generate insights and quickly plan for all potential outcomes.

By modelling different financial scenarios in Prophix, it will empower you with a plan to prepare for these potential outcomes, ensuring alignment to strategic goals and provide the ability to quickly adjust to market shifts where needed for a brighter tomorrow.

Discover the benefits of scenario planning with Prophix.

Quickly and Easily Model New Scenarios

Proper scenario planning is complex, and time is not on your side. Prophix makes it easy to plan for the best, and the worst of times. Model any number of potential scenarios by considering the financial performance of the organization and any influencing market dynamics to build and evaluate plans to prepare for whatever the future might hold quickly and more accurately. Automation and workflow management in Prophix encourages collaboration, a joint perspective and expedites the planning process. This type of centralized financial insight is simply not possible leveraging current manual processes and spreadsheets, only Prophix makes it possible.

Quickly and Easily Model New Scenarios
Reduce Risk

Reduce Risk

By identifying the impact of changes in the business environment through the lens of multiple scenarios, you gain an early warning system that goes a long way in reducing risk. The scenario planning process helps unfold areas of your planning that might be susceptible and helps focus resources on these. Use it to stress test your plans and better prepare your business for the future.

Improve Strategic Planning

Scenario modeling in Prophix can help influence your organization’s strategic planning, as a means of exploring new ideas, generating insights or providing foresight into potential investments you should or should not attempt helping to mitigate risk or spot new opportunities as you build towards your business objectives.

Improve Strategic Planning
Save Time

Save Time

Prophix expedites scenario planning by enabling finance leaders to quickly model their plans based on the latest available information. No need to worry about broken formulas when it comes to driver-based planning as all of these are defined centrally in Prophix allowing you to change variables and explore endless possibilities with ease. With all of your planning completed faster and more accurately than ever before, we like to ask: “What will you do with all of your new-found time?”

Automate Integration

Through seamless integration, Prophix provides real-time access to company-wide data giving you a holistic picture of your business today and better inputs, drivers, and outputs for the scenario’s that you plan to model. By combining data from typically siloed systems such ERP, CRM, HRIS and more, then combining it with the latest economic or market drivers, Prophix will expedite your scenario modelling to quickly and accurately paint a picture of your financial future – whatever that looks like.

Automate Integration
Visualize Data

Visualize Data

Easily track your organization’s progress towards achieving its business goals with stunning visualizations of your favorite KPI’s and charts through intuitive dashboards.

Model Your Way with Prophix for Microsoft 365

With Prophix, you have the freedom and the flexibility to quickly model business scenarios, approve plans or even manipulate your numbers using software you are most comfortable with. Whether you prefer the feature-rich Prophix web interface or appreciate the convenience of Microsoft® Excel®, Prophix’s workflow and planning automation capabilities will ensure you are forecasting faster and more accurately than ever before.

Learn More About Prophix and Microsoft 365
Microsoft 365 working together with Prophix
Additional Resources
Whitepaper: Your Guide to Scenario Planning
Video: Prophix Scenario Planning Demo
Webinar: How Finance Leaders Pivot from Forecasting to Scenario Planning in Unpredictable Times
How do you create scenarios in Prophix? Creating scenarios is easy in Prophix. Once you are finished with your budget or forecast, simply create multiple versions to represent your scenarios, and copy your plans to these scenarios to begin your modeling and analysis.
Is there a limit to how many scenarios can be modelled? Like versions, there is no limit to how many scenarios can be modelled in Prophix. Since Prophix makes scenario modelling so quick and easy, you are free to model as many as you would like.
How do you finalize scenarios? Once you are happy with a particular scenario, simply copy it into your final plan to finalize.
Can you model Prophix data in Excel? Yes. With Prophix Analyzer you get the flexibility and control you need when it comes to financial modeling. Prophix keeps a live link back to your data so that you can leverage existing Excel models and logic, use your favorite Excel tools, and then easily push any data changes back into your Prophix model for a seamless experience.

See Prophix’s Scenario Planning in Action

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