Protelligent Vx8.0 - business performance management

Larger companies often have established reporting systems including budgeting, forecasting and monitoring of actual performance. These processes are usually managed through existing accounting or reporting packages, which can be inflexible, or through home-grown spreadsheet systems, which can present problems of data integrity and security.

Although most people feel comfortable working with spreadsheets, the risks and limitations associated with them are well documented – formula errors, problems of interlinked files, limited data storage capacity. But possibly the biggest problem is that each spreadsheet is only fully understood by the person who created it. When that person moves on, the spreadsheet often becomes redundant.

Key Benefits

First of all, Protelligent Vx8.0 makes life easier for the operation’s finance manager. A secure Microsoft Excel environment manages data entry, calculation and reporting. A Microsoft SQL database allows storage and easy retrieval of the data. This architecture offers the best of both worlds – a comfortable, yet secure, Excel working environment combined with the security and storage capacity of a database.

Protelligent Vx8.0 also brings many other benefits to the business:

• It can be configured to meet the specific requirements of any manufacturing operation.
• It provides clear and meaningful information for informed decision making.
• Budgets, revised forecasts and “What if?” scenarios can be recalculated quickly and easily. This allows the management team to spend time reviewing assumptions and adding value rather than simply crunching the numbers.
• It delivers real improvements to operational efficiency, profitability and cash flow.

Each operating department – sales, production, engineering, supply chain – provides the basic information for the planning process and can then review the financial impact of their input.

Key Features

Protelligent Vx8.0 takes the key operational drivers of the business:

• Quantities : Sales, production and inventory volumes
• Unit values : Selling prices, material costs, labour rates
• Standards : Material usage and department routings
• Other data : Exchange rates, payment terms, VAT rates

and turns them into financial information:

• Sales : Sales values by product and customer
• Margins : Contribution, gross profit and operating income by product and by customer
• Working capital : Inventory, receivables and payables by customer/supplier and by product
• Reconciliation : Variance analysis - the EBITDA bridge

Vx8.0’s unique design enables the user to reconcile the sales, costs and operating income figures from period to period at the push of a button. Analysing the variances between last year’s or budget profit through to this year’s actual takes just a few seconds.

A powerful Excel add-in tool allows the user to retrieve data into a spreadsheet and create customised reports and pivot tables.

Implementation

We will take the time needed to ensure that we fully understand the drivers and processes giving rise to the financial figures and this will help us to ensure that the software is configured to meet your needs.

Full user ‘buy-in’ is essential and we will aim to ensure that key users, from top management down, are fully involved at all stages. We will provide training and reference material for all users as required.

After sales support

Our business is not just about selling software. We are committed to building a strong, lasting and mutually beneficial partnership with our customers. The annual license renewal and support fee provides peace of mind with a helpdesk, software updates and an annual review visit by one of our consultants. We believe in listening to our customers and, wherever possible, incorporating their suggestions into future versions.

Download the Protelligent Vx8.0 pdf brochure

• Reduce costs and improve profitability
• Enable each member of your team to see clearly what is going on
• Familiar and intuitive environment - easy to use
• Reduce the time spent crunching the numbers - more time available to review output and add value
• Incorporate clear and concise graphical reports into your presentations

Contact us now for a free demonstration and quote