Corporate Performance Management Seminar

Thrive. Grow. Achieve.

Corporate Performance Management Seminar

Seth Zarney, Nicole Diceman, Buu-Linh Tran

March 10, 2016

See Beyond the

Spreadsheet:

An Introduction to Prophix

Corporate Performance

Management

Nicole Diceman

Product Marketing Manager

Prophix Software

Pamela Taff

Partner Account Manager

Prophix Software

Agenda

Current

Challenges What is CPM Benefits – Raffa

Use Case

Prophix Product

Demo

Questions &

Answers

The office of finance faces new

challenges

Companies today can access more

data.

They need to forecast more often.

Collaboration is a fundamental

requirement.

Spreadsheet pains

• Labor and time intensive

• Error prone

• Data Integrity issues & version control

• Confidence in process

• Multiple user accessibility

• Incomplete solution

• Lack of accountability, ownership and

collaboration

What is CPM?

CPM Component Functionality

Planning and Forecasting Budgeting; rolling forecasts;

multi-year plans

Financial and Management

Reporting

Monthly report books; statutory

reporting; variance analysis

Financial Consolidations Inter-company eliminations;

journal entries; multi-currency

Profitability Modelling and

Optimization

Cost analysis;

product/customer profitability;

allocations

Strategy Management Scorecarding; KPIs;

data visualization

CPM in the past

Big Companies

Big Projects

Very Expensive

Very “Strategic”

CPM today

Automating non-transactional processes in the Finance

Department such as…

Budgeting,

Monthly reporting,

Mid-year forecasting,

Financial consolidation,

Scorecards,

Operational Planning …..

CPM today

More often

More data

More people

Raffa as a Prophix

customer

Customer Use Case

Why Prophix?

• Capability

• Functionality to address ALL models

• Complex modeling at daily and/or weekly levels possible

• Cost

• Configure don’t customize

• No additional software to buy… ever

• Access to data

• Full integration to all systems as often as is required

• Simple and automated

• No security risk

Why Prophix? • Full CPM

• Customers typically want an platform, not a single use

application.

• Integration beyond the Chart of Accounts • Prophix becomes a central, single application deployment

for all reporting and budgeting needs across the

Company; that is very powerful!

• Eliminates the risks of Excel • Prophix has a distribution engine for Reporting or Budget

collaboration (“What spreadsheet is the most current?”)

• No Reliance on IT or Technical Resources

• Self Service Reporting for all – you can do it! • End Users will be able to understand the details – made by

business users

about Prophix…our solutions

Customer Profiles

Dominant Mid-Market

10-500M Companies

Using Excel to Manage office of Finance

Want for Collaborative Budgeting

Variances are too much; more robust budgeting

Month-end Reporting takes too long

New Accounts have to be added to redundant reports; formulas need updating

Want to solve 1-2 pains immediately

5-10 day implementation for Budgeting and Reporting

Budget, $25k+

Customer Profiles

monitoring performance

01 streamlining opex planning

02 unlocking personnel planning 03

accelerating sales planning 04 improving strategic decision-making 05

demo overview

06 automating reporting

Automation Low upfront cost & risk

Highly configurable

One unified platform

Highly scalable

Limited internal IT

requirements

“Prophix has given us the

advanced solution that we

needed. In terms of addressing

our business needs, the

product has worked wonders.”

John Regan VP of Finance Wastequip

Impact from using Prophix

"Prophix is user-friendly and

comprehensive. The system

allows us to complete all of our

reporting, forecasting,

budgeting, dashboards, and ad

hoc analytics in a real-time

format."

Aaron G. Atkinson Chief Financial Officer

Wacom Technology Corporation

"We looked at Hyperion

upgrades, but we settled on

Prophix for its combination of

price, simplicity, and power.

The product appeared to offer

functionality across the board.

Most of all, we realized that we

could expand our Prophix

solution over time based on the

needs of the company.“

Ben Wheeler Assistant Controller Myriad Genetics

"As our business grows and the

corporate structure changes,

Prophix has allowed us to put

our financial processes in

place with access to valid

and accurate information. We

then use the system to

analyze our data in a number

of different ways."

Scott Murray Controller Financial Reporting & Internal Control Porter Airlines Inc.

Expected Benefits • Reduce reporting and

planning cycle time

• Accelerate responses to ad hoc information requests

• Minimize time to find, extract and reconcile data

• Ensure “one version of the truth”

• Enhance predictive analytics capabilities

• Improve understanding of Product and Customer Profitability

Analysis

Data collection &

reconciliation

Analysis

Before After

Contact info: Pamela Taff

Channels Manager Telephone:

416-561-1171

Email: [email protected]