Promax PX is a fully integrated Promotions Planning, Claims Processing, Budgeting and Trade Spend management system.

The Promax PX solution can assist the business in streamlining the budget development process. The solution removes the reliance on Excel for developing the budget. The Budgeting functionality allows the user to develop a detailed budget that considers a variety of factors such as cost changes, price changes etc. The budget can be developed at a high-level (eg total division) and spread down the account hierarchy and the aggregated back up.

Promax PX allows for the creation of multiple versions of budgets.

Presently there are no reports written to compare different versions, but this could be easily managed using Promax Analytics

Promax provides the capability to create a Total Volume plan for the business in volume and value terms. As Promax integrates detailed granularity of data such a list price, promotion price and terms the volume plan is able to reflect a true Gross Margin projection. It should be noted that Promax’s approach to forecasting has been done to reflect the very specific requirements of the consumer products industry and a tight integration to the promotional planning aspects is inherent in the application. All the responses here should be read in conjunction with the Promax whitepaper : Promax PX Modelling.

Above is an example of a Promax analytics report configured for a Promax customer that leverage is that the wealth of information that can be stored in the Promax system. These reports can be generated at any level of the product and customer hierarchy. In this instance the client chose to report the information via the Promax analytics OLAP cube and Microsoft Excel pivot tables.