FINANCIAL PERFORMANCE MANAGEMENT SOFTWARE

Optimise financial planning and performance with accuracy, scalability, and efficiency

Fuel business growth through budgeting and financial planning

  • Automated budgeting and planning tasks save your teams precious time, reduce errors, and create reports you can use to make better decisions.
  • Collaborate in real-time across teams, keeping everyone aligned and ensuring stakeholders stay in the loop.
  • Build multiple scenarios with real-time data to mitigate financial risks. AI-driven insights assist teams in uncovering trends and optimising resources, no matter how large your dataset is.
  • Maintain holistic financial performance throughout your budgets, forecasts, and operational plans with a single financial performance platform that automatically centralises data from multiple tools. 

Be hyper-precise and amplify financial performance

  • AI-driven predictive forecasting keeps data inputs more accurate, streamlines disclosure management, and simplifies validation.
  • Stay ahead of ESG and other regulatory reporting requirements with XBRL/iXBRL filings and seamless integrations with over 300 data sources.
  • Eliminate human error, streamline account reconciliation, and facilitate intercompany management.
  • Boost confidence in reporting and forecasting with accurate financial statements that drive business performance. 

Drive agility and adaptability with workflow and automation

  • Collaborate across teams and keep key stakeholders engaged throughout budgeting, intercompany reconciliation, financial consolidation, and financial close workflows.
  • Eliminate disparate tools and vendors. Work in a single integrated platform that centralises data, enhances security, and creates a single source of financial truth.
  • Increase visibility on financial data across your organisation with workflow automation and data-driven operational planning at every level.
  • Share real-time status updates for upcoming tasks, deadlines, and reminders to close financial processes efficiently. 

Accelerate financial performance and achieve operational excellence

  • Build tailored dashboards with financial data from throughout your organisation to navigate any economic volatility and make better decisions.
  • Get greater performance out of every financial process to stabilise cash flows and grow your operating margin.
  • Execute your strategy more effectively with cross-functional planning, more accurate forecasting, and less variance. 

Seamless data integration and centralisation

  • Keep financial and operational data at your fingertips through integration with ERP, CRM, HRIS, and other systems.
  • Extend the power of Prophix One to collaborators in popular Microsoft 365 applications like Excel®, PowerPoint®, and Power BI®.
  • Enable all finance professionals to leverage their data with an intuitive, user-friendly interface that makes building dashboards and sending reports a breeze. 
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Comprehensive security on a unified platform

  • Trust that your data is safe in a secure, scalable financial performance platform. Prophix One complies with industry-recognised certifications like ISO/IEC 27001, SOC 2, TRUSTe, and HITRUST.
  • Rely on comprehensive information security and data privacy programs, rigorous audits of identities and applications, and unmatched security across all your devices. 

Frequently asked questions

How can financial performance management software help improve profitability and business growth? 

Financial performance management software streamlines essential financial processes like financial close, account reconciliation, budgeting, and forecasting through data integration and automation. By consistently giving the Office of the CFO more accurate data, these platforms allow financial professionals to make data-driven decisions that grow your profit margin and your business.

Prophix One typically takes eight weeks to implement, with about 10 to 20 hours of work each week for end users.

Prophix One single sign-on (SSO) allows administrators to integrate Prophix with an Identity Provider (IDP) to create a seamless sign–on experience for users. Supported IDPs include Okta, ADFS, & Azure AD.

Prophix One is known for being one of the most secure and compliant platforms available today. It has been certified against multiple framework standards including: ISAE 3402, SOC1 Type 2, SOC2 Type2, SOC3 Type 2, ISO 27001, ISO 27017, and ISO 27018.

Prophix One uses Amazon Web Services (AWS), the largest provider of cloud infrastructure in the world. AWS cloud infrastructure is available in 16 geographic locations around the world with multiple availability zones to ensure the highest availability levels and performance.