You don't have to spend tens of thousands of pounds to install an integrated consolidation, budgeting/forecasting, and management reporting software suite - that's the message from the market's iconoclast, Prophix.
Corporate management accounting encompasses activities such as consolidation, budgeting/forecasting, business intelligence and performance reporting. Whatever names they go under and objectives they serve, these tasks have traditionally shared one thing in common: if you wanted to buy an integrated computer system to automate them, the price would typically start from 50,000.
Based in Canada, Prophix has created a suite of software that dramatically undercuts the market-leaders, Hyperion, Geac Performance Management (formerly Comshare) and Cognos Adaytum.
"Those develoers focus on...