Prophix – Magnatec Solutions

Powerful Solutions To Help You Manage Your Interests

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 organizations and gain valuable insight into their companies’ performance.

No matter the size of the organization or the industry in which they operate, Prophix has enabled over 3000 companies to automate and integrate their budgeting, planning, forecasting, financial consolidation, and reporting activities.

Whether you are looking for a budgeting solution, better cashflow system or to improve forecasting, Prophix can help.

Watch Demo of Prophix Powerful & Simple

Witness The Evolution Of Corporate Performance Management

This demo details Prophix’s capabilities to illustrate how to automate all of the major financial processes using a single, unified solution.

Watch The Demo And Learn How Prophix

Offers visibility into all levels of your organization
Empowers business leaders to improve their operational performance
Delivers exceptional value across all operational levels of your business
Harnesses data to provide richer, more relevant analysis
Automates your company’s financial processes, including
Budgeting, planning and forecasting
Financial consolidations
Reporting and analysis
Operational planning

Benefits

Prophix offers a wealth of benefits for the Office of Finance including the ability to:

Improve budgets & budgeting process
Harness data from across the organization
Reduce business risk
Plan better for the future
Improve operational efficiencies
Increase shareholder value

A Unified Solution with Low Cost of Ownership

We don’t sell our software piecemeal – we sell a complete CPM package. Every time. So you can purchase Prophix now and implement only the functionality you need.

Our solution will grow with you, and will support your future, more strategic performance management endeavors.

You can administer the software without burdening your IT department. Prophix is built in such a way that there is minimal customization required – leaving implementation times short.

Financial Planning

Flexible and powerful solutions to analyze the health of your business. Prophix’s software is tailor-made to solve your financial planning challenges. You can model the workflow based on the way you currently work or add checks and balances to bring increased transparency to your planning tasks.

Budgeting
Create consistent and accurate budgets, reduce duplication, and more time for analysis. Create precise budgets with far less labor and gain a deeper understanding of what drives profitability.
Analysis
Facilitate business analysis from multiple perspectives. Gain a holistic view of your organization’s performance, while satisfying specific requirements for financial and operational analysis to make informed decisions.
Financial Consolidation
Prophix financial consolidation empowers companies with clear insights derived from accurate consolidated financial information by eliminating manual processes and automating reoccurring ones.
Forecasting
Prophix’s forecasting software enables you to align information and know where you stand, at any given time, in relation to strategic objectives.
Reporting
Prophix’s reporting and analytics provides dashboards and scorecards that capture important views of business performance at a glance.
Cash Flow Planning
Understanding financial performance along with your cash position will provide your executive team with the ability to properly time investments, ensure purchases are in alignment with organizational objectives and improve communications with your bank.

Operational Planning

With collaboration and workflow tools Prophix helps functions outside the Office of Finance, streamline planning processes and integrate seamlessly with your existing G/L, ERP, and BI systems.

Revenue Planning
Sales is the lifeblood of every company, but forecasts can change rapidly, so having the flexibility to create alternative scenarios quickly and efficiently is essential. Detailed Planning capabilities within Prophix, allows you to vary inputs and see changes to the bottom line immediately.
Project Planning
Link your project plans to corporate plans and forecasts. Prophix allows you to collaborate across your organization and understand the potential outcomes of proposed initiatives, with a completely integrated project plan and financial plan from a single, unified software solution.
Profitability Analysis
Improve sales and operational decision making. Prophix’s profitability analysis enables companies to feed their operational plans by evaluating key profitability measures such as profit margins, gross profit, operating profit, pretax profit, net profit, and profit and loss statements. Organizations can use past performance as a touchstone to accurately report and share the evaluation of profitability—what could be more important?
Personnel Planning
Accurately track true employee costs. Prophix’s personnel planning software easily handles the many variables involved in payroll calculations, providing the control, accuracy, and flexibility required for analysis of personnel data. Integrate personnel data with the company’s main financial data to provide precise consolidated figures.
CapEx Planning
Prophix’s software enables CapEx planning that integrates detailed capital asset costs into historical financial statements and investigates how capital expenditures impact your company’s performance.

Integrated Financial Planning

Many organizations have multiple businesses, product lines, departments and geographical locations. Aggregating all of the related data for financial reporting, forecasting, budgeting, and long-term strategic planning presents a huge challenge. Prophix’s software solves this problem by enabling organizations to integrate financial planning and ultimately improve their long-term strategic decision making.

Rapid Implementation
Unified and scalable
On-premise solution and web and mobile access
Low cost of ownership
Rapid Seamless data integration

Powerful Solutions To Help You Manage Your Interests

Watch Demo of Prophix Powerful & Simple

Witness The Evolution Of Corporate Performance Management

Watch The Demo And Learn How Prophix

Offers visibility into all levels of your organization

Empowers business leaders to improve their operational performance

Delivers exceptional value across all operational levels of your business

Harnesses data to provide richer, more relevant analysis

Automates your company’s financial processes, including

Benefits

Improve budgets & budgeting process

Harness data from across the organization

Reduce business risk

Plan better for the future

Improve operational efficiencies

Increase shareholder value

A Unified Solution with Low Cost of Ownership

Financial Planning

Budgeting

Analysis

Financial Consolidation

Forecasting

Reporting

Cash Flow Planning

Operational Planning

Revenue Planning

Project Planning

Profitability Analysis

Personnel Planning

CapEx Planning

Integrated Financial Planning

Rapid Implementation

Unified and scalable

On-premise solution and web and mobile access

Low cost of ownership

Rapid Seamless data integration

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