BUSINESS MODELING
1. Q: is Prophix software majorly designed for business that are looking to profit or gross?
A: No bais. Prophix can be utilized for any industry including not-for-profit and can analyze, report and budget on various data – financial, operational, metrics.
2. Q: Hi, Ibehind this suite is there ny programming language?. How complicated would it be to implement a complex business rule like for example an allocation cycle of indirect costs? Thanks!
A: Complex business rule calculations are genrlaly straight forward using the PROPHIX Business Process Manager with no programming language knowledge is necessary.
3. Q: Can you explain Officeintegration, specifically Excel?
A: Import from Excel, save report to Excel, add to a report binder, Offline budget capabilities, and attachment within ‘comments’ to name but a few of the Excel supported features.
4. Q: there is a “Show MDX” in the right click menu, does that mean you can write custom MDX queries for some things?
A: That is correct, but let me stress that custom MDX queries are NOT required to use PROPHIX. MDX is the behind the scenes coding andi sgenerated, invisible to users.
5. Q: Does Prophix include depreciation tables/Tax alternatives. Inventory, Cost of sales..Fifo and
Lifo conversions?
A: The solution does not come pre-loaded with depreciation tables etc, but those can be imported and/or processes can be established when required.
6. Q: What experience do you have with manufacturing companies?
A: We have a lot of experience. Talked about benefits of Prophix from a manufacturing
perspective and also recommended to take a look at our case studies. Also said I would
pass on to Sales Rep.
7. Q: Does the software already have some formulas included (i.e. depreciation schedules) or do all these formulas need to be created by the admin?
A: Certain calculations are established when using tools like our process manager to manipulate data. Other calculations will be created by the administrator, like depreciation schedules so that these can exactly reflect your companies processes.
8. Q: Can Prophix handle a fiscal calendar with 13 periods?
A: Yes it can handle a fiscal calendar with 13 periods.
9. Q: do you have predefined setup’s for industries and/or strategy templates for different business types? How are you reducing the setup effort for your clients?
A: We do not have predefined setup’s for industries however we have a proven rapid implementations and get the client setup quickly through harnessing our intuitive wizards in the software. We use wizards for building the models, importing data and for conducting mass data adjustments etc.
10. Q: In doing an ad hoc report, if a new account has been added in from the general ledger, then will it update in the report as well, without having to update the report when a new account is added in? For example, if you have a detailed report of the lowest level of the accounts, then will it also be displayed , even though the report had been saved?
11. A: Yes, through our dynamic capabilities if a new account has been added into Prophix
from the general ledger, then it will automatically update in the reports . That avoids having to open and to alter each existing report when new accounts are added.
