Empower subsidiaries and maintain financial control
Evolve your intercompany reconciliations by empowering subsidiaries to carry out transaction-level matching and issue resolution across intercompany sales and purchases. Prophix One Intercompany Management makes it easy for entities to reconcile their part of global transactions and to resolve issues independently, all while you maintain oversight and control over the process. Eliminate the need for an intermediary, such as a group accountant, and enhance governance and financial insight within your financial consolidations process, driving financial accuracy and operational efficiency at your company
Increase accuracy in intercompany reconciliations process
Eliminate manual data collection hassles and errors involving multi-entities and multi-currencies by seamlessly integrating disparate data sources into Prophix One and automatically structuring the data to elevate your financial accuracy and operational efficiency. By automating data imports and using intelligent data mapping with built-in validation rules, Prophix One ensures a smooth and reliable data collection process. Say goodbye to wasted time collecting and formatting data – Prophix One Intercompany Management streamlines the entire process without the need for constant IT involvement to ensure accuracy in your intercompany transactions.
Achieve a more accurate close with intercompany reconciliation software
Driving data confidence and operational efficiency
Improve collaboration for a faster financial close
Improve team collaboration during your financial close with a unified source of truth for all your entities’ transactional data. Maintain a detailed audit trail of data changes, adjustments, and matching rule modifications for transparency and accountability. Drive collaboration through status updates, notifications, comments, and file sharing all within a single, user-friendly environment. Intercompany Management improves communication and keeps stakeholders better informed for an efficient intercompany reconciliation process, and ultimately a smooth financial consolidation.
Finance as we know it is changing
What does next generation intercompany reconciliation software look like for the Office of the CFO? Learn how to research, evaluate, and purchase intercompany management software with the Ultimate Guide to Next-Gen Finance.
Made for finance leaders
Discover Prophix One and unlock your potential for success.
Streamline close windows by eliminating manual processes and automating recurring ones.
Automate reconciliation, consolidation, and reporting to shrink-close windows, with greater accuracy.
Increase data accuracy and reporting efficiency, affording you more time for valuable analysis.
Accelerate financial processes and improve collaboration.
Easily integrate with your business systems to capture and share data.
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