CPM | Performance Management Tools | Enterprise Performance Management Software

By: Prophix  09-12-2011
Keywords: Performance Management, Personnel Planning

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.

Keywords: Performance Management, Personnel Planning

Other products and services from Prophix


Reporting Software Solutions | PROPHIX

PROPHIX Reporting provides a comprehensive reporting solution to key stakeholders for timely decision making and timely reaction during monthly forecasts, annual reviews and other business specific periods. The cross functional nature of PROPHIX reporting provides standard formatted financial statements and tailored company specific management and ad hoc reports for continuous review and analysis.


Revenue Forecasting | Business Forecasting Software | Cash Flow Forecasting | Financial Forecasting | Forecasting Tools

PROPHIX does not lock you down by permitting only General Ledger account forecasting; PROPHIX templates are tailored to utilize key drivers financial and/or non-financial to increase forecast accuracy and understand the drivers of costs and revenue. PROPHIX Version Manager combined with PROPHIX Delta Analysis provides an environment of dynamic rolling forecasts to ensure that your company's most recent results are factored into future plans.


Services | PROPHIX

By putting analysis into action, and through collaboration and expertise, PROPHIX's highly trained Financial Consultants have been successfully working with a wide variety of clients and industries for over 20 years. You've already made the strategic decision to invest in a financial performance management tool from PROPHIX that enables business professionals to make better informed business decisions.