Ad Hoc Reporting and Analytics: Drill Deeper into Your Data, Automated Report Distribution: Put Time Back in Your Schedule, Visual Analytics. Tools to Maximize Your Growth
Better Business Decisions with Ad Hoc Reporting
With up-to-date data from your general ledger and CRM systems reflected in your Prophix reports and dashboards, your analysis can be driven by the latest changes in your business. Do you spend more time confirming your data is trustworthy and accurate before diving into financial analysis? Ad hoc reporting and analysis should be true to its name - reliable, instant, and conclusive.
Conduct high-quality analysis on-the-fly by shifting your data in multiple dimensions to instantly move from summary to detail, allowing you to answer questions about your business, faster.
Prophix’s Ad Hoc Reporting and Analysis tool is customizable to reflect each users’ unique view of the business. Since reports are self-serve, you can easily modify your data and access your results from any browser or device.
Save Time and Visually Represent Data
Automating your reports will take several tasks off your to-do list, such as compiling data, assembling end of period summaries or board books, and distributing reports to stakeholders. You’ll increase productivity as you spend less time translating complex spreadsheets into printed reports. When you use Prophix, you’ll also reduce your reliance on your IT department, as you have greater control over the data necessary to perform these vital tasks.
Not everyone in your company likes delving into complex spreadsheets to analyze data. With Prophix’s reporting functionality, you can create visual data representations that everyone in the company can easily analyze, drill-down, and compare to at the transactional level. With these data insights, stakeholders can better understand the why behind outcomes, while also seeing the big picture.
Faster Decisions Based on Powerful Insights Derive Value and Context from your Data
Visual analytics make it faster and easier to make sense of your data. Because your visual data representations are linked directly to the source data, any changes are automatically reflected in the visuals. Now, decision-makers can leverage this information to provide context, measure performance, derive powerful insights, and propel decision-making.
In the past, you’ve plugged numbers into self-made charts or used rudimentary Excel graphing tools to create visual representations of your data. Now, you can uncover powerful insights with detailed interactive charts and graphs, all with a single click. Prophix’s visual analytics are linked directly to your data, which gives you the flexibility to drill deep into your data, or drill across even further into your GL transaction details. We know that your business produces data at an accelerated rate.
Understand Profitability at a Deeper Level How Can You Boost Your Bottom Line?
Prophix’s Profitability Analysis puts you back in the driver’s seat with the tools you need to make sense of your data. Better understand the current state of your profitability to drive your bottom line. Find key trends, visualize them, gain a competitive advantage, and build a foundation to take full advantage of opportunities.
Profitability analysis tools can help you evaluate ways to change your business and analyze the impacts that potential adjustments may have. Unlike time-consuming spreadsheets, Prophix provides a platform for you to quickly and easily model “what if” scenarios to play out future events, enabling management to determine the best and least risky path forward. For example, you can answer questions like, do we have capacity to increase the production of a specific item and how much will it cost? Or, should we invest in a certain project? These insights will help put your business on the course for a bright future.
Take Collaboration and Productivity to New Heights Insight To Gain Competitive Advantage
Today’s business challenges demand that reports need to be more intuitive than spreadsheets. Features like having the ability to instantly drill across into general ledger data help to provide context and meaning behind the figures. Using visual tools to tell a story about your data greatly enhances the usability of a powerful reporting tool. Prophix can integrate multiple data sources to truly make your information into a unified solution. Once your data is centralized, you can tailor and enhance reporting to maximize performance across all your departments.
Collaboration between departments helps you add the “why” behind your data, and it can greatly reduce the time needed for planning. Equip finance, operations, and sales departments, as well as management with easy to understand and interactive reporting. With Prophix’s performance reporting tools, your employees and management can slice and dice reports and drill down into the details with speed, enabling new levels of collaboration to achieve your business goals.
Visual Analytics for Holistic Performance Analysis
Simplify even the most complex data with easy-to-understand visual representations. Each tile on your dashboard is a display element that paints a picture about your data. Display data with many different chart options including column, bar, line, combo, gauge, area, donut, and pie to best meet your unique needs. With self-service interactive dashboards, collaboration has never been easier. Quickly identify and launch pending tasks either assigned to you or part of a process workflow.
With Prophix’s self-service dashboards, you’ll only see the data that’s relevant to you. And, you don’t have to wait for an IT department or service provider to build it for you. You can build your own dashboard that’s relevant to your role or you can build a corporate dashboard with information on your entire organization’s performance. Create and assign different styles of dashboards to meet the needs of your target audience; a strategy-focused layout for sales, tactical dashboards for CFOs, or analytical ones for FP&A – the choice is yours!