Create models for all types of business requirements in one product
Whether you work for a small organization or a large multinational, your company needs to develop business models that track your performance at varying levels of detail. Using spreadsheets or developing customized models with data from multiple sources requires specialized skills and sophisticated knowledge of IT systems. Documenting the logic and data flow in these custom models is next to impossible.
Prophix centralizes the input of accounts, lists, drivers, assumptions, and calculation methods from across your organization, delivering consistent access to the data that your business models require. So how can your company develop business models that offer insight into your numbers while facilitating integrated budgeting and planning?
"With the Excel-based budget planning, it would take probably take three to four months. And a lot of that time was spent on manipulating the data in Excel and getting it to roll out properly. When we went to Prophix, we were able to trim that down to more of a two-and-a-half month cycle, where most of the time was spent on analysis and actually getting into the data and understanding what we were seeing."