Prophix was designed as a budget forecasting software solution that combines forecasting, reporting, and other financial function into a single platform. Over 3,000 companies use Prophix to create complex budgeting scenarios and forecasts that help their strategic planning be more successful.
Who Uses Prophix CPM?
Because Prophix is a generic financial reporting and planning solution, it's used by companies and organizations across a broad spectrum of industries ranging from higher education to logistics. It also scales up efficiently to support small businesses and large enterprises equally. The end users are typically executives, financial analysts, and accountants within an organization.
Prophix Software Features
Prophix brings together a set of tools related to budgetary planning to create a unified financial planning platform. Its key features include:
- Cloud or on-premise configurations: Organizations can choose between a more secure and customizable on-premise deployment of Prophix software, or they can opt for a more scalable cloud-based service.
- Improved collaboration: Ad hoc budgeting systems like departmental Excel sheets can make collaboration difficult among managers of a large company. Prophix's software unifies those individual budgets on a single platform that everyone shares.
- Sales forecasting: It's difficult to create future budgets without also producing sales and revenue forecasts as a basis for future income. Prophix includes a set of forecasting tools geared to different industries.
- Customizable dashboard: Every company is different in terms of its organization, business model, and size. Prophix supports a diverse customer base with features like a customizable dashboard.
- Idea management: The planning side of Prophix's software includes support of idea management, road mapping, and complex modeling to support you plans for the future.
- Advanced analytics: Whether you need tools that support quantitative or qualitative analysis, Prophix has built them into its reporting and analytics modules. You can use complex formulas and criteria to arrive at insightful correlation analysis.
Prophix Software Pricing
Prophix Software offers individualized pricing to their customers because of the wide range of features and resources required. To begin the quoting process, you can contact Prophix directly on their website.
Prophix delivers a budget forecasting platform that enables greater efficiency and better decision making for companies relying on ad hoc budgeting methods. It also incorporates sophisticated modeling and forecasting tools.