ENTERPRISE PERFORMANCE MANAGEMENT SYSTEMS
Prophix for Forecasting
For most companies, Forecasts are created infrequently and without oversight. In addition, despite the best of intentions, the efforts that go into creating a Forecast far exceed the benefits they aim to provide.
But there is a solution.
With Prophix you will leave the manual, time-consuming and error-prone days of Forecasting behind.
Prophix enables you to pull data from multiple sources to Forecast across departments - and through those same departments to a detailed level. Automating your Forecasting efforts will not only provide a level of granularity you did not have previously, but also a frequency that will transform your business.
Don’t compromise on your Forecasting needs
With Prophix you can produce Rolling Forecasts, multi-year Forecasts, daily Forecasts and driver-based Forecasts. With a centralised application, organising fragmented data from multiple sources is no longer a concern. Instead you have the ability to change assumptions easily and create a multitude of scenarios.
Other benefits include:
- A centralised business logic because you no longer have to create and maintain formulas in a spreadsheet. Prophix ensures that your calculation requirements are applied consistently.
- The flexibility and sophistication you need to meet the Forecasting needs of various departments.
- Automated integration of Actual, Planned and Forecasted data.
- Increase accuracy and consistency.
- Collaborative accountability and increased visibility through Prophix’s workflow capabilities - allowing you to track inputs, changes and approvals.
It’s time to move your Forecasting efforts beyond spreadsheets. With automated and flexible capabilities for Forecasting, Prophix will provide you with a holistic view of your true costs and revenues while adding depth and breadth to your planning efforts.