FINANCIAL ANALYTICS SOFTWARE

Financial analytics software to make decisions with confidence

Next-Gen Finance with Prophix One

A reporting dashboard titled “Reporting Agent | All” with the question “What’s driving the variance in operating expenses for Q1?” displayed. A table compares expense categories between Q1 2024 and Q1 2025. Categories include Payroll Costs, Outside Services, General & Administrative, Marketing, Utilities, and Travel Costs. Each row shows Q1 2024 amount, Q1 2025 amount, variance, and percent change. Payroll Costs rose from $14.7M to $16.6M (+$1.9M, +12.8%), the largest increase. All categories show increases between +10.8% and +12.8%. Key findings note Payroll and Outside Services as the main drivers, with total operating expenses rising from $24.3M to $27.3M (+$3M, +12.4%).
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Get instant answers with the Prophix One Reporting Agent 

With the Prophix One Reporting Agent, the answer you need is only a question away. Ask in plain language, “What’s driving the variance in operating expenses?” and the Reporting Agent instantly provides insights with charts and tables. Add Report Insights for clear, written explanations directly in your reports, and use Contribution Insights to uncover the key drivers of change over time. With secure permissions, you’ll only see the data you’re authorized to access. In seconds, you gain the clarity to understand your performance and the confidence to act on it. 

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Hyper precise financial analysis meets powerful insights

Get better insights from your data and keep stakeholders aligned with financial analytics software. Easily drill down from summaries to deep detail, customize visualizations, and unlock self-serve reporting across your organization with interactive charts and AI-driven insights.

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Real-time insights for agile decision making

Prophix One financial analytics software eliminates the hassle of gathering and validating data by automatically generating the reports you need. 

Build ad-hoc analysis database analytics in seconds. Drill down or summarize data as needed, pivot to new perspectives, or analyze dozens of transactions. All with the same platform and without hours of manual work. 

Prophix One Integrated Financial Statements Example
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Streamlined reporting for data-driven financial decisions

Turn your financial analytics software into your single source of truth with Prophix One. Integrate data from multiple sources to uncover opportunities no matter where they are. Prophix One scales with your organization, reducing data errors and improving trust in your numbers as you grow.

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Instant performance management with self-service analytics

With Prophix One financial analytics software, you can turn raw data into self-serve dashboards updated in real-time. Stakeholders can dive in on their own time and be confident the data they’re looking at is accurate.

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Finance as we know it is changing

What does next generation financial reporting and analytics software look like for the Office of the CFO? Learn how to research, evaluate, and purchase financial reporting and analytics software in the Ultimate Financial Performance Platform Buyer’s Guide.

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Frequently asked questions

What is financial analytics software?

Financial analytics software allows organizations to evaluate their financial performance by automating data analysis. It’s an integrated platform for interpreting financial statements, building better financial models, and generating insights to support strategic decision making.

Financial analytics software centralizes data from multiple systems for easy comparison and analysis. It should provide both high-level, visual dashboards, and the ability to drill down into all your financial data.

AI-powered analysis is a must, since it can process massive datasets and produce useful insights in a fraction of the time it would take for human analysts, freeing them up to take on more useful tasks.

Financial analytics software should also be intuitive enough that anyone can use it, not just the finance team.

Financial analytics software automates routine tasks from report creation to distributing board books and rolling reports forward to new periods.

Additionally, more of your organization can access financial data, allowing every team to make more strategic decisions.

Essential processes like forecasting, consolidation, and monthly close can be automated to create accurate reports instantly. Data is automatically refreshed, so you know your reports are always current.

Financial analytics software can be customized to create charts specific to your industry and manage complex accounts, all without significant maintenance or manually rolling reports over from period to period.

You can also make chart of account changes across all reports and configure complex calculations that reference various GL string counterparts.

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