CRM Review – Prophix Performance Management

Prophix Software

This CRM Review examines Prophix Performance Management.

In-Depth CRM Review

Prophix Performance Management


Prophix Software Inc.
350 Burnhamthorpe Road West
Suite 1000
Mississauga, Ontario L5B 3J1
Canada

 

Telephone:  (905) 279-8711
Toll Free:    (800) 387-5915
Fax:            (905) 279-2232
Email:  Contact Prophix
Web:    http://www.prophix.com/

 

CRM Category: Sales Management Support – Cloud
Sub-Category: Performance Management
Seats: Small Enterprise

 

About the Company:

Prophix Software is a leading developer of solutions designed to automate financial processes including budgeting, planning, reporting, analysis, and performance management for the mid-market. Thousands of finance leaders around the world use Prophix to empower their organization and gain greater insight into business performance. Prophix and its partners deliver the best value by combining high end functionality, low total cost of ownership, and the fastest implementations in its class.

About the Product:

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

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 errors.

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 Analysisâ„¢ tool or InfoFlexâ„¢, 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.

Price:

For complete pricing details, please contact the company directly.

 

For a proper demo of this CRM solution:

For a proper demo of this CRM solution, please contact the company directly.

 

Rich’s View of Prophix Performance Management:

To instantly view the complete In-Depth Review of this CRM solution, download the Kindle version from our page at Amazon.com!

This review is undergoing a major update and should be available real soon now!

 

Go ahead, Get a second opinion!

I have never claimed to be the only source of CRM software reviews. If you would like an alternative view of this CRM solution, here are some links that you can visit. However, if you are looking for totally independent, no BS! CRM reviews, I will look forward to working with you when you get back to my site!

Sorry, I have yet to find an independent review of this solution.

 

Short List:

If you are considering this program, you should also look at these other CRM solutions:

      • Coming Soon!

 

Rich’s Recommended Web Sites


Blog          http://www.prophix.com/blog/

Twitter          https://twitter.com/PROPHIX

Google+          https://plus.google.com/+prophix/posts

LinkedIn          http://www.linkedin.com/company/prophix-software

Facebook          https://www.facebook.com/Prophix

Youtube          

 

Rich’s Recommended Reads


 

 


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