Prophix Software

Prophix develops Corporate Performance Management (CPM) software that automates important financial and operational processes, making companies more profitable and reducing their risks. Business leaders use this software to empower their organisations and gain valuable insight into their companies' performance.


Prophix and its partners across the globe deliver superior value by combining high-end functionality with low cost-of-ownership and fast implementations. With a product built entirely on the Microsoft SQL Server stack, Prophix streamlines budgeting, planning, reporting, consolidation, and more.


Serving more than 2600 customer companies in 92 countries, Prophix specialises in the mid-market. Most of our customer companies have annual revenues between $25MM and $1B, or operate as divisions of larger organisations. The company is headquartered in Mississauga, just west of Toronto in Canada, and hosts satellite offices in the UK, Europe, and Brazil.


 

All content by Prophix Software

Best practices for planning and budgeting

Business management can be vastly improved through the application and adherence of budgeting and planning best practices. Read on to learn the twelve best techniques and most efficient procedures for planning and budgeting that have been adapted by leading companies.

Company: Prophix Software | Published: 29 June 2015 | Business Area: Budgeting

Rating: 3 people found this useful

Moving beyond spreadsheets

Spreadsheets are error-prone and unable to support the critical nature of important financial processes. Many companies have broken the spreadsheet habit, adopting packaged applications specifically designed for budgeting and forecasting. Yet, how can the spreadsheet habit be broken?

Company: Prophix Software | Published: 29 June 2015 | Business Area: Finance and Accounting

Budgeting guide for mid-market companies

Preparing the annual budget is an exercise that most businesses embark on and it is important to understand why this process is necessary. This guide considers the most important components of a budget, the stumbling blocks you may come across and how to prepare for it.

Company: Prophix Software | Published: 29 June 2015 | Business Area: Budgeting

Effective financial management for international expansion

Aberdeen surveyed 200 companies to understand how their financial executives support their international expansion activities. The study revealed that CFOs strive to maintain real-time visibility to financial data and information through a mix of process innovation and technology implementation.

Company: Prophix Software | Published: 22 May 2013 | Business Area: Strategy

Financial planning, budgeting and forecasting: Removing the hurdles

This report, based on a survey of over 200 respondents, illustrates best practices for facilitating financial planning, budgeting and forecasting processes. The report focuses on: defining processes; increasing communication and collaboration; enabling visibility and implementing technology.

Company: Prophix Software | Published: 13 May 2013 | Business Area: Planning

Rating: 6 people found this useful

Selecting financial automation software to drive IT leadership: An interview with Mike Coulter

Headquarted in Vancouver, Canada, Lush Cosmetics owns 150 retail locations and employs more than 2,000 people. In this interview, Lush's IT Director, Mike Coulter discusses the company's adoption of Corporate Performance Management software and its ability to predict customer purchasing patterns.

Company: Prophix Software | Published: 23 April 2013 | Business Area: Business Performance Management

Financial planning, budgeting and forecasting: Leveraging risk-adjusted strategies to enable accuracy

Risk-adjusted strategies are often absent from the critical process of financial planning, budgeting and forecasting. Comprising input from 194 companies, this report analyses CFOs' financial planning, budgeting and forecasting strategies when accounting for risks.

Company: Prophix Software | Published: 18 April 2013 | Business Area: Forecasting

Rating: 4 people found this useful

Moving beyond spreadsheets

Spreadsheets are error-prone and unable to support the critical nature of important financial processes. Many companies have broken the spreadsheet habit, adopting packaged applications specifically designed for budgeting and forecasting. This article explains why.

Company: Prophix Software | Published: 02 April 2013 | Business Area: Budgeting

Rating: 4 people found this useful

Performance reporting essentials

Reporting is a vital means of communicating internally and externally between key financiers and other stakeholders of an organisation. The ability to report timely, accurate data is an essential component to operating a successful business and ensuring that corporate objectives are achieved.

Company: Prophix Software | Published: 27 March 2013 | Business Area: Financial Reporting

Rating: 3 people found this useful

Corporate Performance Management software from a finance perspective

Prophix develops Corporate Performance Management (CPM) software that companies use primarily to manage processes in the finance department. This white paper explains what CPM is, how it offers value to companies, and clarifies the benefits that it can bring to finance departments.

Company: Prophix Software | Published: 25 March 2013 | Business Area: Finance and Accounting

Contact Prophix Software

Grove House

Lutyens Close

Basingstoke

http://www.prophix.co.uk