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A behind the scenes look at Prophix Infinix, the engine that powers Prophix One™ FP&A Plus
While many finance tech companies use cloud-based systems, which just move their existing setups to online servers, cloud-native technology is a big step forward.
January 15, 2025In the face of larger datasets and more complex models, legacy financial planning tools can no longer keep up.
As companies grow and financial processes become more complex, the limitations of these outdated systems become even more obvious. Slow data entry and analysis delay critical decision-making, while siloed planning prevents teams from collaborating effectively.
The demand for an advanced, integrated planning solution has never been more urgent, and that’s where the next generation of FP&A technology comes in.
In this blog, we’ll explore Prophix Infinix, the engine behind Prophix One FP&A Plus, and why you should prioritize a cloud-native financial planning solution in 2025.
Introducing Prophix One™ FP&A Plus: A new benchmark for financial planning solutions
Prophix One FP&A Plus is the newest planning application, available exclusively on Prophix One, a Financial Performance Platform. This solution sets a new benchmark for financial planning solutions by leveraging cutting-edge cloud computing and advanced database technology with a seamless user experience to empower you to work faster, plan smarter, and think bigger than ever before.
As financial processes become more complex, businesses need a system that can grow and adapt alongside them. Prophix One FP&A Plus, powered by Prophix Infinix, is made to scale automatically, provide continuous updates, handle large volumes of data, and offer greater flexibility for businesses looking to grow.
Purpose-built for advanced planning, FP&A Plus empowers organizations to plan and report with enhanced granularity and precision, driving transformative outcomes with confidence.
The technology behind Prophix One FP&A Plus, known as Prophix Infinix, is what powers all these great features. Next, let’s explore how this cloud-native technology works, and why you should prioritize a next-gen financial planning solution.
Prophix Infinix, the engine that powers Prophix One™ FP&A Plus
Prophix Infinix powers Prophix One FP&A Plus with cloud-native technology. This enables finance leaders to manage complex financial models and large data sets with unmatched scale and performance.
What is cloud-native technology?
Cloud-native is a way of creating software that lets businesses build and manage applications directly in the cloud. While many finance tech companies use cloud-based systems, which just move their existing setups to online servers, cloud-native technology is a big step forward. It’s specifically designed to fully utilize the cloud’s capabilities, offering more flexibility and efficiency than traditional cloud-based solutions.
Cloud-native vs. cloud-based solutions
But what’s the difference between cloud-native technology and legacy cloud-based solutions? Below we break down the key differences between cloud-native and cloud-based financial planning solutions, so you can choose the solution that best aligns with your business needs.
Cloud-native financial planning solution
Cloud-based financial planning solution
Scalability
- Automatically scales resources horizontally to optimize usage
- Efficiently manages sudden increases in traffic and
workload changes
- Scaling is difficult as you need to increase the capacity of the entire solution
- Only certain parts of the solution may need additional resources, leading to inefficiencies
Flexibility
- Built for flexibility with independently deployed microservices
- Enables simultaneous work on different parts of the solution
- Automatically allocates system resources as needed
- Tightly interconnected components make the solution inflexible
- Limits the ability to use different technologies for various finance processes
Deployment & updates
- Enables quicker and more frequent updates
- Supports proactive adoption of new, resource-intensive technologies
- Allows rapid implementation of new features and fixes
- Implementing changes is complex and time-consuming
- Requires extensive testing and redeployment of the entire solution
- Potential for introducing bugs that need additional fixes
- Delays in adopting new technologies such as AI and ML
Processing power & performance
- Designed for continuous improvement in processing power and performance
- Optimizes use of cloud resources like storage, computing, caching, and networking
- Ensures reduced downtime with failover capabilities for uninterrupted availability
- Relies on traditional cloud infrastructure
- Limited processing power can lead to performance issues and bottlenecks
- Upgrades or rebuilds to enhance processing power are costly and time-consuming
- System availability can be affected during these upgrades or rebuilds
Key benefits of Prophix Infinix
Thanks to the latest advancements in cloud computing, Prophix Infinix, the engine behind Prophix One FP&A Plus, uses:
- In-memory processing to deliver faster calculations and real-time analysis.
- Optimized compression to handle large volumes of financial data quickly during budgeting and forecasting, ensuring fast analysis and more efficient decision-making.
- Automatic resource scaling to address processing demands, enhancing analysis speed and efficiency while improving cost-effectiveness.
- Database optimization to enable fast querying and reduced processing times that greatly enhance real-time analysis.
- Multi-threading to support concurrent forecasting, delivering faster results and better management of complex models.
By choosing Prophix One FP&A Plus as your financial planning solution, Prophix Infinix ensures you’re always leveraging the latest advancements in cloud technology for optimal performance and innovation. With continuous updates and modern architecture, you can trust it to stay ahead of your business's evolving needs
Discover how Prophix Infinix revolutionizes cloud-native planning solutions.
Industry applications of Prophix One™ FP&A Plus
No matter your industry, with cloud-native technology like Prophix Infinix, you can unlock the full potential of Prophix One FP&A Plus and empower your finance team to scale as your business grows.
Let's take a closer look at how Prophix One FP&A Plus, powered by Prophix Infinix, supports industry applications of advanced planning:
Construction
In the construction industry, financial oversight is critical for project success. With complex cost codes, job profitability tracking, and extensive resource allocation needs, Prophix One FP&A Plus enables project managers to maintain control over finances and make data-driven decisions.
Prophix One FP&A Plus simplifies the management of thousands of cost codes and job profitability by providing detailed insights into performance, real-time resource allocation, and predictive forecasting. This empowers construction managers to forecast costs more accurately, leading to better project budget management and overall financial success.
Hospitality
For the hospitality industry, financial planning must be dynamic and responsive to market demands, such as seasonal fluctuations and varying room occupancy rates. Prophix One FP&A Plus allows hospitality leaders to model revenue and costs by property, adjusting for factors like staffing, resource allocation, and cash flow. This flexibility is critical for optimizing financial operations and improving profit margins.
Prophix One FP&A Plus also offers the ability to create detailed labor forecasting models tailored to each property, ensuring efficient staffing and cost control. In addition, FP&A Plus’ scenario planning capabilities help hospitality managers adapt to changes in market conditions, such as economic downturns or unexpected demand surges.
Manufacturing
In manufacturing, timely decision-making and precise control over operations are essential. Prophix One FP&A Plus equips manufacturers with the tools to optimize production schedules and inventory levels through detailed financial analysis. By segmenting data by dimensions—such as products, regions, and customers—manufacturers can gain valuable insights into their operations and improve resource allocation.
With the ability to model numerous what-if scenarios, manufacturers can anticipate fluctuations in demand, optimize cash flow, and improve overall operational efficiency. The system’s ability to track performance across hundreds of different dimensions allows for a comprehensive view of business performance, driving more informed decisions.
Prophix One™ FP&A Plus: A game-changer for modern financial planning
Prophix One FP&A Plus, powered by Prophix Infinix, is more than just finance technology—it's a game-changer for modern financial planning. With its cloud-native architecture, Prophix Infinix delivers real-time insights, faster processing, and seamless adaptability, enabling your business to plan smarter and grow faster.
By addressing the inefficiencies of legacy tools, Prophix One FP&A Plus uses cutting-edge capabilities to empower finance teams to tackle today’s planning challenges with confidence and agility. No matter your industry, Prophix Infinix gives Prophix One FP&A Plus the speed, scalability, and precision needed to drive better business outcomes.
Ready to transform your financial planning processes?