Budget Process Improvement at Synergy

Silver Chain

Quick Facts

Synergy is Western Australia’s largest electricity generator and retailer of gas and electricity, providing 52% of the electricity sold to households and businesses throughout the South West Interconnected System (SWIS).

Synergy is a Government owned entity with power stations extending from Kalbarri, to East Kalgoorlie and as far south as Albany.


Prior to Prophix, Synergy used TM1 Cognos for the its budgeting process, including revenue, cost of goods sold, fixed assets and for producing the full budgeted balance sheet, P&L and cash flow.


The key reason for the tactical move was that Prophix was able to handle and simplify an extremely complex budget process that contains more than 100 cost centres organisation-wide.

    Proven Results

    From taking over 8 weeks to complete their annual budget, Prophix has halved the process, allowing for more time available for analysis.

    The simplicity that Prophix delivers meant that rolling forecasts have become a more frequent and highly accurate process across departments.

    Prophix’s intuitivity mitigated the risk of overdependence on technical personnel and coding skill.

    Get in Touch

    If want to know how you can make better use of all your data sources to build better business intelligence models for expert decision making, get in touch. We’d love to help.

    Head Office

    Ground Floor 171 St Georges Terrace PERTH WA 6000

    (08) 9481 2400


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