Phocas Software Company Research Report

Company Overview

• Name: Phocas Software

• Mission: To make people feel good about data by providing an intuitive, self-serve platform that brings data to life for mid-market companies in the wholesale distribution, manufacturing, and retail sectors.

• Founded: 2001

• Founders: The report does not specify the exact founders.

• Key People:

• CEO and co-founder: Myles Glashier

• Headquarters: No specific headquarters location is provided in the data.

• Number of Employees: Approximately 300 global team members.

• Revenue: No specific revenue information is available in the data provided.

• Known For: Phocas is renowned for its all-in-one BI and FP&A platform, which provides business intelligence and financial planning and analysis, specifically tailored for wholesale distribution, manufacturing, and retail businesses.

Products

Phocas Product Suite

Phocas offers a comprehensive suite of products aimed at enhancing business decision-making through smart and easy-to-use tools.

• Analytics

• Description: Provides a singular data truth by consolidating ERP, CRM, and multiple other data sources into an accessible platform.

• Key Features: Intuitive interface, built-in dashboards, AI-powered queries, customizable reports, visualization tools for users of all skill levels.

• Financial Statements

• Description: Streamlined financial reporting by consolidating financial and operational data.

• Key Features: Customizable statements, automated reporting, in-depth KPI analysis.

• Budgets & Forecasts

• Description: A collaborative budgeting and forecasting tool designed to enhance workflow and accuracy.

• Key Features: Real-time collaboration, operational insights driving budgets, audit trails for changes.

• Rebates

• Description: A tool to drive growth and secure margins through efficient rebates management.

• Key Features: Accurate real-time reporting, automated rebate tracking, visual dashboards for rebate performance.

• CRM

• Description: Allows deep integration with actual sales information to identify, track, and analyze opportunities and risks.

• Key Features: Complete visibility of actions driving customer revenue, alignment of customer relationship management with business intelligence.

Recent Developments

• Recent Developments:

• Phocas was recognized by BARC's global business planning survey with top rankings, earning a perfect score in the 'Reporting/Analysis' category.

• Achieved global zero pay gap, closing a 10% gap over four years.

• Phocas became B Corp certified in 2022, demonstrating high standards of social and environmental performance, accountability, and transparency.

• Ongoing integration with over 200 ERPs and partnerships with AWS and CrowdStrike to ensure security and compliance.

• New Products Launched: No specific new products launched are detailed in the data provided.

• New Features Added:

• Integration of AI for enhanced analytics capabilities.

• Continued improvements in BI and FP&A capabilities.

• New Partnerships: Collaborations with major ERP providers such as Epicor, Infor, Sage, Kerridge, SAP, and Oracle Netsuite to enhance data unlocking capabilities.

Conclusion

Phocas Software stands out in the market by offering a comprehensive and integrated suite of business intelligence and financial planning solutions that simplify data management for companies in specific niches. With its robust platform, recognized market success, and strong corporate responsibility reflected in its B Corp certification, Phocas continues to be a reliable partner for over 3,000 businesses aiming to leverage their data for improved strategic planning and operational efficiency.