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.

Prophix

Your business is evolving. Your systems should evolve too. Achieve your goals more successfully with Prophix’s innovative Corporate Performance Management (CPM) software. Improve profitability and minimize risk when you automate repetitive tasks and focus on what matters. Budget, plan, consolidate and report automatically. Whether in the cloud or on-premise, Prophix supports your future with a platform that flexes to suit your strategic realities, today and tomorrow.

Archives