Prophix customer case study: Brookfield Utilities UK

Prophix Dec 11, 2014, 3:20:00 AM

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Unlike many of our customers who have transitioned from relying on Excel, the members of the finance department at Brookfield Utilities UK (BUUK) were no strangers to Corporate Performance Management (CPM) software. After using Oracle’s Hyperion for years, BUUK switched vendors and leveraged an implementation with Prophix to streamline their budgeting process and begin modeling the unique costs that they face as a utilities provider. The company oversaw this project during a large-scale business structure change as well as a new general ledger implementation.

Some of BUUK’s notable achievements include:

• Replacement of Hyperion with a single, unified solution
• Advancement of BUUK’s budgeting and forecasting with future opportunities to enhance their reporting and analysis
• Automated connection to the organization’s Microsoft Dynamics AX general ledger software
• Ability to easily build up and analyze their budgets at the detailed level, tracking a range of important metrics

Read the full [otw_shortcode_button href=”https://resource.prophix.com/en...” size=”small” icon_type=”general foundicon-page” icon_position=”right” shape=”radius” color_class=”otw-red” target=”_blank”]Case Study[/otw_shortcode_button] to learn more!

Prophix

Ambitious finance leaders engage with Prophix to drive progress and do their best work. Leveraging Prophix One, a Financial Performance Platform, to improve the speed and accuracy of decision-making within a harmonized user experience, global finance teams are empowered to step into the next generation of finance with no reservation. 

 Crush complexity, reduce uncertainty, and illuminate data with access to best-in-class automated insights and planning, budgeting, forecasting, reporting, and consolidation functionalities. Prophix is a private company, backed by Hg Capital, a leading investor in software and services businesses. More than 3,000 active customers across the globe rely on Prophix to achieve organizational success.

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