Abacist Group is a certified value-added re-seller and implentation services
partner.
PROPHIX Performance Management
delivers the best value by combining high end functionality, low total cost of ownership,
and the fastest implementation in its class. Customers utilize PROPHIX to
align strategic objectives with tactical plans, and for daily monitoring, as well as financial and
variance reporting.
Automate performance
management processes
The unified PROPHIX solution fully integrates
processes such as budgeting, forecasting, financial consolidations, statutory, and management reporting,
providing a forward-looking view of company performance to stakeholders across the organization in a single
extensible platform. Performance management processes are naturally built into PROPHIX— automating manual
tasks, lowering the risk of data errors, and reducing the learning curve.
Simplify the budgeting
cycle
PROPHIX makes data entry simple for contributors
and allows for the automatic consolidation of 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, or journal entry adjustments.
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
PROPHIX saves time and ensures data is accurate
by creating a centralized data source. Consolidated financial reporting is made easier; create adjusting
journal entries, allocate revenues or expenses, and perform intercompany eliminations easily within the
integrated Financial Controller module. Consolidate data from any ODBC-compliant source at a click of a button,
or completely free the finance staff from consolidation tasks by automating imports to run on schedule. Easily
manage multiple currencies without handling broken spreadsheet links or formula
erriors.
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.
PROPHIX’s Advanced Data Visualization capabilities facilitate graphical data
analysis. Easily integrate web-based reporting.
For more information or to view a demo, please fill out the form below
and Abacist Group will contact you.
