Automating Budgeting & Forecasting for Retail Companies

retailAs a finance and business leader in the retail industry, you face unique challenges when it comes to managing the financial aspects of a complex system. As competition and consolidation pressures mount in the retail sector due to the sluggish economy and lack of consumer confidence, you need accurate real-time data at the store level that rolls up to the corporate level to better manage your business to profitability.

Floor & Décor, a leading specialty retailer, implemented Prophix’s CPM software to plan and manage store and inventory performance. With Prophix Floor & Decor was able to realize goals including:

  • Accurate budgeting from a single data source
  • Revised budgets based on performance
  • Pinpointing top-performing materials by store
  • Making data driven decisions

Take a look at our interactive flipbook to learn more.


Your business is evolving. And the way you plan and report on your business should evolve too. Prophix helps mid-market companies achieve their goals more successfully with innovative, cloud-based Corporate Performance Management (CPM) software. With Prophix, finance leaders improve profitability and minimize risk by automating budgeting, forecasting and reporting and puts the focus back on what matters most – uncovering business opportunities. Prophix supports your future with AI innovation that flexes to meet your strategic realities, today and tomorrow. Over 1,500 global companies rely on Prophix to transform the way they work.