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SCENARIO PLANNING
Drive collaboration between your finance team, business units, and other key stakeholders to incorporate additional insights into planning to quickly create your best- and worst-case scenarios.
By identifying the impact of changes in the business environment through the lens of multiple scenarios, you will gain an early warning system that goes a long way in reducing risk. Use your models to stress test your plans and better prepare your business for future success.
Quickly and easily create multiple, discrete scenarios to assess and isolate the effects of new business opportunities and strategic decisions, while having the ability to combine them with your regular budget, year-to-date actuals, or a specific scenario to see the combined business impact.
Leveraging the power of Prophix’s financial performance platform, you can easily compare and contrast different tactical plans or incorporate actual and budget data to uncover new insights and determine the best outcome for your business.
Often, companies want to create a top-down scenario plan, but their budget and actuals were created from the bottom up.
Prophix provides the flexibility to plan at a summary level (top-down), but still has all the data spread down to the lowest level for comparison with detailed actuals or budgets.
Once created, Prophix’s unique hierarchy enables you to adjust your scenario at any level; such as top down, or from the bottom up, giving your team the ultimate flexibility and granularity it needs to optimally manage your scenarios.
Reduce business risk by anticipating the impact of sudden market changes.
Spend less time and effort on planning with a flexible approach.
Analyze new opportunities to determine the best path forward.
Easily prepare for any number of potential market shifts.
Provide data clarity to empower your organization to drive financial performance and be prepared for the road ahead.
Be a trusted advisor through meaningful insights and prepare your leaders for the road ahead.
Predict your revenues and manage costs to drive business growth and agility.
Discover our platform and unlock your potential for successs.
Seamlessly align customers, products, and sales targets with financial plans on a unified platform.
Unleash the power of your data and draw more accurate conclusions with self-serve reporting and analysis tools.
Accelerate planning with greater collaboration, speed, and accuracy across the organization.
Boost Excel’s financial modeling and planning capabilities and create insightful PowerPoint presentations.
A dedicated pursuit to provide a trusted and secure financial performance platform.
There is no limit to how many scenarios can be modeled in Prophix. You can create as many scenarios as needed to compare and contrast different economic outcomes and business opportunities.
Yes. You can create your complex calculations in Excel or let users enter data in Prophix templates using Excel. Then, use the Microsoft 365 add-in to push that data back to Prophix.
Yes, given its hierarchical design, Prophix provides you the flexibility to change assumptions and data at any level and have those changes automatically reflected throughout the model.
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Mississauga, Ontario
Canada
L5B 3J1
Tel: +1-905-279-8711
Toll-free: +1-800-387-5915