Consolidated Management & Financial Reporting

Management and Financial Reporting

Consolidation is the only part of the process for most organizations. Once data has been consolidated, an organization must be able to report accordingly. PROPHIX allows you to instantly transform consolidated information directly into financial or management reports.

• Consolidated Management Reporting
  • Consolidation Report Scorecard
• Consolidated Financial Reporting
  • Consolidated Balance Sheets
    

Consolidation Report Scorecard

PROPHIX allows you to incorporate report scorecards into your consolidation process. At a glance you can easily determine whether key members have submitted their information. PROPHIX allows you to see what tasks are assigned to you and provides you with direct links to your actionable items.

Consolidated Balance Sheets

PROPHIX allows you to consolidate your financial reporting from multiple companies and multiple general ledgers. Subsidiary companies typically roll-up their information to their parent organization. The consolidation and reporting process can be a cumbersome process,  PROPHIX ensures that Consolidation occurs in a timely and accurate fashion. 




Rather that consolidating data from multiple spreadsheets, PROPHIX allows you to map information from subsidiary companies directly into consolidated financial statements. PROPHIX uses an hierarchy system to manage roll-ups and  consolidation of financial reports.