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?
"As competition continues to increase in the insurance brokerage industry, finance teams are being asked to perform more detailed forecasting beyond just budgeting. Prophix is a great tool to streamline that piece, and the better connection with Vertafore’s AMS360 product, the better detail and accuracy we will be able to deliver."