Budgeting and forecasting. Operational planning. Financial reporting and consolidation. To make these processes work, today’s finance employees need to manage complex requirements for loading data, updating cost drivers, calculating line items, and distributing reports. Even the most seasoned and vigilant employee can make mistakes. This leaves your department without the bandwidth to review the financials thoroughly. You’re likely missing opportunities to gain valuable insights and align your corporate goals with operational tasks.

OTHER BENEFITS INCLUDE

Automate repetitive business processes such as data imports, allocations, consolidation, and currency conversion to run logically and consistently

Improve service quality and reduce the cost of compliance audits by ensuring that the system adheres to applicable standards and policies

Never miss critical steps in your month end close processes or waste time determining the source of errors

Use the automation platform to distribute financial and management reports securely and on time

Save automated task groups for re-use in the future or for sharing with other departments

Continuously monitor the status of critical processes and receive automated notifications regarding status changes

Easily train new employees, including non-finance users, to master the financial automation solution

Direct web access to critical company updates and announcements with Prophix Dashboards

Improve your ability to respond quickly

Performance management applications begin with automation. In fact, many organizations initially pilot a CPM initiative to address short-term concerns involving budgeting and forecasting. But the benefits of automation with a performance management solution stretch far beyond the tactical requirements of the office of finance. Assess your current needs to determine whether you can automate manual compliance processes and improve your ability to respond quickly to new regulations, market fluctuations, and employee turnover. Will automating your core requirements support more strategic performance management endeavors in the future?

Testimonials

"I know that our financial reports are 'rock solid' - they are always accurate and complete. I can say that with confidence because we use Prophix's software."

Spacesaver Corporation Steve Anderson - Controller
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"Prophix's software helps us make better, faster, and more reliable business decisions. At the same time, Prophix's on-going support is outstanding. Working with Prophix is like having our own secret weapon."

Trevor Booth Budget & GL Manager - Neogen Corporation
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"Prophix's software makes my life easier - pure and simple. It has the functionality that I need to do my day-to-day finance tasks and improves how we work as a Finance department."

Jason Norman Senior Financial Analyst - Park Dental/The Dental Specialists
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"Regardless of your business or the industry in which you operate, when you conduct strategic planning, turn to Prophix's software. It has proven itself to be a critical tool for me when making decisions that shape our organization's strategic direction."

Richard Pacheco II CPA, Vice President, Finance & Administration - AAA Northeast
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"Using Prophix to automate Hyundai's financial processes has allowed us to plan for our organization's needs as far as 5 years out. Rather than compiling reports, our analysts now provide value for the company by evaluating and understanding Hyundai's data with a clear view of what the information means for our company."

Hyundai Motor America Jim Carter - Finance Executive
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NOTABLE CUSTOMERS

Coleman Cable
AAA Southern New England

Learn how we helped these businesses reduce risks and increase profit

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