Businesses have to properly forecast and effectively manage budgetary needs for various financial periods. Forecasting and managing are very important functions that have to be done ahead of time and as accurately as possible to ensure that the business operates within budget as outlined for the period. Some things that fall under these two broad functions include job costing, allocations and currency management. Once these figures have been worked out, it is essential that only persons who are authorized to view them have access. As such, business people need to have a good budget software that will allow them to easily handle these tasks and also perform various complex financial analyses.

PROPHIX is one such piece of software that will allow you to perform these tasks in a controlled environment by offering role-based security to ensure that all data and calculations are only viewed by authorized users. Other benefits of PROPHIX include multiple budgeting or planning versions, user-defined data entry templates, charting in the data entry process, multi-year, side-by-side variance analysis, actual and historical data storage, multiple currency support, workflow, audit tracking, and scenario management. Gain control of your budgeting processes using PROPHIX. It will save you a lot of time and money.