PROPHIX Consolidations

Unlike other companies, PROPHIX determines accurately who their solution is dedicated to. By making the mid-market companies Consolidations solution's target, PROPHIX proves it focuses on details instead of generality and universality. And in case of the title solutions, these details are consolidation, control, and flexibility - the three things a lot of attention has been paid to. Then, PROPHIX Consolidation can be named a common solution for reporting, analyzing, and financial consolidation, considering these the areas the tool is most useful at.

The consolidation(s)

The name of the solution isn't accidental - it's designed to work well with data coming from multiple external sources (ERP systems) and - finally - combine them into a single and unified source of data to reach operational efficiency increase. Even though the PROPHIX Consolidations provide users with all fundamental and special capabilities - considering system of record bases, complex and differentiated reporting demands, incessant control on true position, and data centralization - the interface remains truly easy to use.

Not only the data sources get consolidated. The same it is to company departments - thank to facilitated cooperation capabilities, managers - provided with information from across the whole company - can more easily focus on the goals. Especially, the attention is paid to collaborative planning, information disseminating, and company objectives aligning. Finally, consolidation and analysis tools are designed in a way that lets other (than management) company departments and groups benefit from them.

The matter of speed

Point and click - these are the only two things needed for performing each action within PROPHIX Consolidation platform. Data consolidating and manipulating is also a matter of one click what reduces the time needed for all the collateral tasks significantly. As a result, the company managers can focus on what truly is important ("what instead of how" rule). Moreover, users can benefit from multiple presets and adjustments prepared for accelerating and facilitating most common business tasks.

Along speed of reacting to business conditions, comes data completion, and - particularly - the time required for data aggregation and update. Once there extensive analysis is wanted, the so called single version of the truth is being ensured with the hyperlinks driving from each consolidated number to the data course it comes from.

In the matter of speed, one another thing is important - the time needed for reacting on changing market conditions, the opportunities. PROPHIX Consolidations platform is integrated and centralized, therefore immediate reacting also is not a problem.

PROPHIX Consolidations resources

http://www.prophix.com/common/pdf/consolidations-brochure.pdf - a brochure prepared and published by PROPHIX specialists explains the bases of the Consolidation solution. All the main aspects are pointed and highlighted there, what makes it easy to discover the application as a whole. However, one shouldn't expect any further details to be found in the brochure.

http://www.prophix.com/customers/case-studies/ - here is a lot about PROPHIX solutions in practice. Numerous case studies allows readers to realize how broad Consolidations' usage can be and what companies have already trusted PROPHIX. Very well described cases focus mostly on how - thank to PROPHIX - the problems of each company have gotten solved.

http://www.b-eye-network.com/view/13721 - quite a short press note informs about the advancements in PROPHIX products family, focusing mostly on Consolidations tool. The article devoted to the tenth release of the suite describes also how companies can benefit from modern performance management supported by PROPHIX Consolidations, and what has changed along the time since the previous version was released.