Great tool for budgeting and variance analysis

We use Prophix extensively for budgeting and variance analysis; it allows us to quickly execute both processes in a timely and efficient manner, while being effective. We are able to perform variance analysis on a monthly basis fast enough to enable leaders to make important decisions based on recent performances of the company.

We continue to use Excel, however integration with Prophix is easy since it can be integrated and even can copy and paste from Excel into Prophix. That being said, [from my experience] Excel is used across the organization and comes with unlimited licenses for our organization and therefore it is still more of a universal tool to use compared to Prophix