The time has come – now you can simplify your month-end close with automated reconciliation schedules in Prophix One.  

Finance teams know the grind of account reconciliations all too well: repetitive, manual, error-prone tasks buried in fragile Excel files that slow everything down. These inefficiencies bog down your month-end close and put compliance at risk.  

But reconciliations don’t have to be a spreadsheet nightmare.  

With the latest update to Prophix One Account Reconciliation, we’re eliminating that chaos. Automated reconciliation schedules give you a smarter, faster, and standardized way to manage recurring reconciliations and speed up your monthly close. 

Enter the era of automated reconciliation schedules – set it, and forget it  

No more rebuilding templates, chasing down data, or manually posting journal entries. With Prophix One Account Reconciliation, once you add items to a schedule, they carry forward automatically period after period.  

This means recurring reconciliations are taken care of, and the manual grunt work is eliminated. Whether it’s prepaid insurance, deferred revenue, software subscriptions, or accrued expenses, automation ensures these get processed accurately and on time – every time. 

Shift the way you work for faster, smarter reconciliations 

Manual reconciliations drain time, introduce risk, and don’t scale with your growth. Here’s how automating your reconciliation schedules with Prophix One Account Reconciliation can help you turn a common pain point into a competitive advantage.  

The problem

The solution: Prophix One Account Reconciliation

Time drains – hours lost to repetitive updates and copying formulas in Excel.  

Accelerated close – reduce reconciliation cycles and accelerate month-end timelines.  

Error-prone process – increased risk of human error and inconsistencies across teams.  

Higher accuracy – eliminate formula errors and inconsistent data handling with standardized automation.  

Audit and compliance challenges – weak version control and audit trails that don’t hold up under scrutiny.  

Built-in audit trails – every entry and adjustment is logged, giving you full transparency and compliance readiness.  

Delays in financial close – valuable time consumed on low-value, high-risk manual tasks.  

Faster, smoother close cycle – the team spends less time on routine tasks and more time wrapping the close with fewer surprises.  

Get more time for work that matters 

You’re not just closing the books – you’re guiding business decisions, managing risk, and delivering insight. Automated reconciliation schedules free up your time and headspace so your team can focus on the strategic work that moves your business forward.  

Instead of chasing down data or fixing spreadsheet errors, your team can shift focus to high-impact work such as analyzing variances, supporting proactive audit readiness, and delivering strategic insights to leadership.

Pauline Neamtu's quote on Prophix One Account Reconciliation

Are you ready to transform your reconciliation process?  

Automated reconciliation schedules are here to simplify the routine and elevate the role of finance. This is just one of the many innovations we’re bringing to help you close with confidence – on time, every time. 

Learn more about automated reconciliation schedules