FINANCIAL REPORTING SOFTWARE

Automated financial reporting, data analysis, and AI-driven insights

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Why choose Prophix One^™ for your financial reporting software

Automate financial reporting tasks

Create financial reports once, then automate their maintenance and distribution.

Streamline periodic financial updates

Say goodbye to monthly report maintenance. Reports roll over from period to period with centralised time references.

In-depth financial insights made easy

Analyse financial reports at a high level or dig into the details in just a few clicks.

Seamless access to financial data

Reports are self-serve, so anyone in the company can dive into your data and draw more accurate conclusions.

Stay ahead of the competition

Prophix One FP&A Plus offers you access to the latest technological advancements. Gain access to data sooner and make decisions faster with the confidence to always stay one step ahead.

Next-Gen Finance with Prophix One^™

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Streamline financial reporting with automation

Prophix’s financial reporting software consolidates and formats data automatically so you can quickly generate thorough reports. Automate the distribution of important reports to key stakeholders and focus on making better decisions rather than repetitive manual tasks.

AI-generated report insights

Automate narrative reporting with AI-powered financial reporting software.

Add qualitative commentary to any report with no extra manual work.

Produce reports with full contextual explanations in less time.

Give stakeholders everything they need to make better decisions more efficiently.

Integrated Financial Statements Template

Real-time reporting and analytics

Financial reporting software automatically updates all your reports whenever you edit your chart of accounts.

Get better insights with real-time data and reports that automatically roll over from period to period.

Manage financial scenarios and perform complex calculations referencing multiple GL string counterparts.

Make your reporting processes more efficient without sacrificing customisability.

Ensure compliance in financial reporting

Stay compliant with regulatory requirements by deploying dedicated financial reporting software.

Streamline auditing processes with automated data collection and intuitive reporting tools.

Advanced permission and access control keep data secure without compromising collaboration.

Prophix One™ is ISO/IEC 27001, SOC 2, TRUSTe, and HITRUST certified.

Data integration and advanced technology for finance teams

Prophix’s financial reporting software integrates natively with other systems and scales with your evolving needs.

Meet changing regulatory requirements or growing internal reporting needs with a single platform.

Get a clear story out of every report with visual tools and automated comparative analysis.

Dive deeper into your data and find the underlying factors for each trend.

Financial reporting software: Stories of success

Skanska

Discover how Skanska used Prophix to eliminate manual reporting across 250 Excel files.

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Sequel Wire & Cable

Learn how Sequel Wire & Cable leverages Prophix One for automated, efficient reporting.

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Jackson Hole Mountain Resort

Hear how Jackson Hole Mountain Resort is now able to access and analyze data in ways they were not able to before.

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Electra Link

Discover how Electra Link enhanced transparency, accountability, and decision-making in their financial reporting.

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Additional Resources

Reporting and Analytics

3 min read

Four Steps to More Efficient Reporting

3 reasons why your ERP isn’t cut out for FP&A

A complete month-end close process for FP&A teams in 2024

Made for finance leaders

Discover Prophix One and unlock your potential for success.

Increase data accuracy and reporting efficiency, affording you more time for valuable analysis.

Financial Analytics

Streamline close windows by eliminating manual processes and automating recurring ones.

Financial Consolidation

Accelerate financial processes and improve collaboration.

Platform: Workflow

Gain a deeper understanding of your business with AI.

Platform: AI Insights

Boost Excel’s financial modelling and planning capabilities and create insightful PowerPoint presentations.

MS365 Add-In

Gain visibility across your business with integrated cross-functional business planning.

Integrated Business Planning Software

Collaborative account reconciliation for smarter, faster financial close.

Account Reconciliation

Frequently asked questions

Financial reporting software improves efficiency for finance teams by automating routine tasks like report creation, rolling reports to new periods, and distributing board books. It democratises data access, allowing employees outside the finance team to perform analyses and make informed decisions. Automated monthly reporting saves time at every close, providing instant, accurate reports. Furthermore, data is automatically refreshed from integrated systems, ensuring that reports always reflect the most current information.

Narrative reporting describes reporting beyond standard financial statements, which can include qualitative information on a company’s performance and non-financial data. Stakeholders use narrative reporting to make better decisions, and financial reporting software centralises data from disparate systems to enable this. Integration capabilities built into Prophix One bring all your company’s data together, while its reporting features make narrative reporting a hassle-free process. You can even embed narrative text and external links right in your reports.

Financial reporting software can be customised to accommodate different charts of account, manage statistical and calculated accounts, and handle rolling over reports with little maintenance. Complex calculations referencing various general ledger string counterparts can be configured to maximise flexibility in analysing key data. Financial reporting software facilitates chart of account changes and rolls them out to all your reports, eliminating significant manual work.

The Prophix team provides industry-leading post-sale support through a dedicated CSM, implementation support from product experts, monthly customer webinars, and over 50 online training courses through Prophix Academy.

Ready to see Prophix One^™ in action?

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FINANCIAL REPORTING SOFTWARE

Automated financial reporting, data analysis, and AI-driven insights