Create measurable targets against your business strategies
An integrated performance management application that empowers organizations with budgeting, planning, forecasting, reporting, consolidations, and personnel planning capabilities. PROPHIX enables organizations to create measurable targets against their business strategies ensuring that corporate objectives are met.
Eliminate spreadsheet frustration
PROPHIX makes data entry simple for contributors and allows
for the automatic consolidation of data, eliminating the task
of gathering and linking multiple workbooks or cutting and
pasting data. Create budgets using a familiar spreadsheet
interface, with control and without the hassle of verifying
accuracy. PROPHIX leverages a controlled workflow cycle to
manage the budgeting process, which incorporates optional
due dates and reminders for tasks, such as data entry,
approvals, processes, or journal entry adjustments.
Allow users to add line item schedules and user comments
and budget using a top-down or bottom-up budgeting
approach. PROPHIX streamlines budgeting by automatically
consolidating data from different departments to the corporate
plan and provides access to users anytime and anywhere
--on the local area network, remotely connected over the
Internet, or offline using data entry templates.
Forecast with speed and react to market conditions
PROPHIX gives you the tools that ensure forecasts are reflective
of changing market conditions and makes data readily available
to forecast on the fly. Create expense or sales forecasts and other
projections with easy-to-use Wizards, using account budgets or
actual data--or a calculated projection using various formulas.
By linking models behind the scenes, PROPHIX makes it simple to
create frequent forecasts with accurate data.
Create a single source of truth
Quickly create and analyze multiple planning scenarios
Whether creating short-term operational plans or long-term
strategic plans, scenario management with PROPHIX has
never been more flexible. Using the interactive, graphical
Delta Analysis™ tool or InfoFlex™, create different business
scenarios based on actual or budget data--or based on other
scenarios. From resource usage or capital expense planning
to revenue planning, PROPHIX offers the ability to test business
assumptions and proactively plan scenarios. With PROPHIX,
take strategic plans even further; generate measurable KPIs and
monitor changes in dashboards or scorecards.
Give users the power to analyze data
Eliminate the dependence on finance personnel and allow
them to spend more time on decision making rather than
data processing and validation. With specified roles and
permissions, allow users to securely perform their own data
analyses. Give other departments the ability to work with
reports interactively to jump straight into analysis. Users can
slice and dice data or drill up, drill down, and drill through to
source data systems using a simple drag-and-drop interface.
PROPHIX also provides visuals to make it easy to analyze data
and identify variances at a glance.