Prophix

Prophix is a Corporate Performance Management solution that automates FP&A processes related to reporting & analytics, budgeting & planning, and consolidation of data in a collaborative platform.

With Prophix, SYSPRO customers have access to our CPM (Corporate Performance Management) software to help them make better business decisions. By integrating budgeting and planning data into their SYSPRO ERP, users can transform their data into insight for strategic decision-making.

Prophix helps mid-market companies achieve their goals successfully with innovative, cloud-based Corporate Performance Management (CPM) software. With Prophix, finance leaders improve on profitability and minimize risk by automating budgeting, forecasting, reporting, and placing the focus back on what matters most – uncovering business opportunities. Prophix supports future AI innovation that flexes to meet your strategic realities, today and tomorrow.

Prophix software is built to integrate easily with a variety of databases, flat files, external data sources and other formats including direct access to SYSPRO ERP. Prophix’s data integration features a simple interface, which any business user can master without relying on IT assistance. This allows SYSPRO users to effortlessly move data into pre-built models within Prophix. Using open database technology, Prophix software maximizes collaboration across report publishing, data entry and workflow processes, and since the product is built on the Microsoft SQL platform, SYSPRO users will be comfortable with the familiar interface.

Company Key Points

• Headquartered in Toronto, CA with offices in Portland (OR), Reading (UK), Copenhagen, Frankfurt, and Sao Paolo
• Web-based application with an intuitive interface
• Seamless integration with SYSPRO, as well as HR, Payroll, CRM and a variety of external data sources, gives customers a unified, collaborative solution

Solutions and Benefits

• Automate data consolidation from multiple plants, divisions, cost centers and countries
• Plan based on real-time profitability analysis by vendor, product line or location
• Control data with enhanced workflows and permissions creating a single version of the truth
• Track daily/weekly/monthly production levels allowing for rolling forecasts
• Improve collaboration with integrated financial data from a single source of truth that assigns tasks, facilitates approvals, and provides comment details through a powerful workflow

Features

Prophix develops innovative software that automates critical financial processes such as budgeting, planning, consolidation, and reporting—improving a company’s profitability and minimizing their risks. Prophix provides the right balance of simplicity and depth, delivering CPM software that is easy, powerful, and collaborative.

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