Prophix Consulting Archives - FMT

What is Prophix? Prophix is a powerful corporate performance management (CPM) software application which offers a new, streamlined approach to the budget and planning process. Most companies manage their budgeting process with spreadsheets and data from multiple sources. These rudimentary processes often require manual entries which can be time consuming and error prone. Prophix addresses budgeting concerns by creating budgeting scenarios, called versions, to gain efficiencies, improve accuracy and establish an auditable and collaborative process that provides actionable intelligence and enhances the benefits of planning. Prophix allows you to: Create more accurate budgets with far less labor and minimize exposure to errors. Budget top-down, bottom-up, or a combination of both. Create countless scenarios and save each iteration. Easily analyze and review previous versions. Add collaborative comments and supporting details to budgets. Incorporate historical and plan data to model unlimited scenarios. Manage, protect and analyze scenarios. Use prebuilt tools to easily […]