Meet Prophix One, a Financial Performance Platform for next-gen finance teams
Simplify & transform Office of the CFO processes with Prophix One™, a Financial Performance Platform
Automate and streamline the management cycle of budgeting, forecasting, consolidation, reporting, analysis, modelling & planning – all on one financial performance platform
Businesses Leveraging Prophix as their budgeting, planning and reporting software
Simplify and Transform processes in the
office of the CFO
Get ready to automate your financial planning and analysis (FP&A) with the all in one financial performance management software, Prophix One. The implementation of Prophix coupled with the expertise of our consultants enable you to access consistent, accurate and real time financial data and reporting for faster, more accurate decision making.
- Budgeting, forecasting and reporting
- Account reconciliation and consolidation
- Intercompany management
- Automated reporting and packs
Speak with one of Forest Grove’s experienced local consultants today to schedule a Prophix Demo tailored to your business’s requirements.
Budgeting & Planning
Transform Budgeting and Planning with Prophix
Eliminate manual errors, dependence on Excel and tranform your budgeting and planning processes. Prophix ensures your team uses standardised templates and workflows, giving contributors access to accurate, up-to-date data when they need it.
By automating workflows and centralising data into a single source of truth, Prophix reduces errors, improves collaboration, and accelerates decision-making. Customise financial models and leverage integrated workflows to adapt quickly to changing markets, ensuring your business remains agile and future-ready.
Key benefits include:
- Automated budgeting to save time and reduce errors.
- Enhanced collaboration with centralised, accurate data.
- Real-time insights for strategic planning and decision-making.
Prophix is a leading budgeting and planning software in Australia and accross the globe.
Reporting & Analytics
Reliable Financial Insights for Instant Decision-Making
Prophix One empowers your business with real-time, actionable insights—no more time wasted on manual data gathering, validation, or complex report formatting.
With ad-hoc analysis and database analytics, you can:
- Generate insights in seconds with intuitive tools.
- Drill down or roll up for a detailed or high-level view of your data.
- Pivot perspectives effortlessly to analyse trends and patterns.
- Access the transactional details behind your balances for complete transparency.
Make faster, data-driven decisions with confidence using Prophix One. Get the insights you need when you need them—anytime, anywhere.
Financial Close
Streamline Your Financial Close with Prophix
Achieve a faster, more accurate financial close process with Prophix Financial Close software. Automate repetitive tasks such as account reconciliation, intercompany eliminations, and report assembly, saving time and reducing errors. Prophix integrates seamlessly with leading accounting systems and provides a complete audit trail, simplifying compliance and decreasing audit costs.
Key benefits include:
- Automated workflows for faster close cycles.
- Enhanced data accuracy and collaboration across teams.
- Easy access to detailed reports and financial insights.
Empower your finance team to focus on strategic planning instead of manual tasks.
Intercompany Management
Automated, collaborative intercompany eliminations for faster financial consolidation.
Efficiently manage intercompany transactions with Prophix’s Intercompany Management software. This solution automates the reconciliation process, reducing manual effort and errors.
By integrating data from various sources, it ensures all intercompany data is captured accurately. Empower subsidiaries to independently match and verify transactions, enhancing governance and financial insight. With features like automated data imports, intelligent data mapping, and built-in validation rules, Prophix streamlines your financial close process, leading to increased accuracy and operational efficiency.
Speak with one of Forest Grove’s experienced consultants today to schedule a Prophix Demo tailored to your business’s requirements.
A Complete Financial Performance Platform
All your insights and processes in one place. Designed to grow with you.
Budgeting
Modernise your business’ budgeting and planning with centralised data, streamlined processes, automatic consolidation, and empowerment of your finance team to spend less time entering numbers and more time analysing them.
Business Forecasting
Quickly and easily create financial forecasts for strategic decision-making based on high-quality, reliable information. No longer will a lack of time stop you from implementing rolling forecasts.
Scenario Modelling
Minimise the time, effort, and complexity associated with scenario modelling to reduce risk and quickly plan for all potential outcomes. Build multiple budgets and know what levers to pull ahead of time.
Personnel Planning
Take advantage of advanced, accurate personnel planning features so you can accurately forecast your personnel costs – often the largest business expense.
Cash Flow Planning
Accurately project and monitor your business cash flow, build accurate balance sheets with data from all your operational areas and experience cross-functional collaboration.
Sales & Revenue Planning
Predict your future revenue faster and with greater confidence using the metrics needed to create in-depth plans. Build flexibility in your business budgeting, forecasting, consolidation and reporting to adapt and update as needed.
Capital Expense Planning
Build detailed CapEx models that can be managed and updated with ease. Track the true value of your capital expenses to maintain profitability throughout your organisation.
Financial Consolidation
Prophix’s financial consolidation and close tools eliminate manual processes and automate recurring ones.
Adhoc Reporting & Analysis
With ad-hoc and automated financial reporting, you can conduct high quality financial analysis by moving around your data hierarchy for on-the-fly analysis. Drill up or down on the specific data you want to focus on.
Get real-time visibility into financial data that affects project timelines Drive precision and financial performance with AI-driven solutions
With Prophix self-service interactive dashboards, everyone from executives to project managers can get an immediate snapshot of financial data and KPIs to quickly pinpoint projects at risk. Get deeper insight and monitor daily progress with real-time visual analytics and drill-down capability that allows you to compare actuals to budgets by any dimension, such as hours worked, raw materials usage or total costs by work order.
Analyse and slice & dice your WIP, and figure out what’s causing margin fade
Dive deep into your WIP and truly understand the data from the bottom up. Everything from AR, AP, Billings, Over and Under Billings is all in one place with every level of detail ready to be discovered. Prophix software provides users with a simple, easy to use interface to drill down, slice & dice and help make sense of often mountains of job cost data.
Create ‘What-If’ scenarios to model how changes to budgeted project costs affect profitability
Control project costs and plan for new projects through what-if analysis and driver-based modelling. Evaluate the impact on project revenues, costs and profitability by changing certain variables such as utilization metrics, quality of materials used and billing rates. Seamlessly make adjustments to project budgets, forecasts and cash flow projections based on optimum scenarios.
Align project schedule with workforce and equipment levels to better manage utilisation, cost and rental rates
Prophix’s robust financial modelling and integration capabilities provide contractors with a way to truly centralize their data sources and manage Resource allocations today and tomorrow.
Speak with one of Forest Grove’s experienced consultants today to schedule a Prophix Demo tailored to your business’s requirements.
Customer Testimonial
Simplified Multiple Currency conversion, and Automated Consolidation
Prophix is user friendly and easy to use. Our Managers are able to contribute directly via Prophix workflows eliminating input duplication providing us with a faster turnaround in report preparation.
Irene Wang
Group Financial Controller, Kajima Cockram International
Prophix Cloud Support & Training
Automate your business budgeting, forecasting, consolidation and reporting with Prophix support from one of our financial planning and analysis consultants
Prophix integrates with hundreds of source applications
Ready to simplify and transform processes in the office of the CFO.
If you are ready to streamline your business’ budgeting and forecasting capabilities, get in touch with one of our consultants today. Save time and make better business decisions to fuel business growth with the best budgeting and forecasting software!
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