NO MORE TEDIOUS MONTH-END CLOSES - AUTOMATE FINANCIAL CONSOLIDATION

Faster, smoother financial consolidation without the stress

Tired of complex financial consolidation and last-minute errors? Prophix automates the entire process, so you can close the books faster and focus on strategic insights, not manual reconciliations.

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Trusted by strategic finance teams at...

Why choose Prophix One^™ for financial consolidation software

Ease of use

A user-friendly interface that simplifies the management of your financial data. Easily generate reports, analyze data and make decisions.

Data integration

No matter your region, currency, or system, data collection is easy when you automate imports, integrations, and validation.

Decrease audit time and cost

Data transparency, audit trail and fully customizable reports decrease your audit time and cost.

Scalability

Financial Consolidation software can handle large data volumes and complex consolidation structures to meet the growing needs of your business.

Cloud dashboard screenshot: real-time data visualization and analytics for efficient management

Eliminate consolidation complexity

Financial Consolidation software was developed by experts who understand the unique requirements for a streamlined month-end close process. Leveraging best practices, it removes the complexity of consolidation by automating processes like multi-currency translations and sub–consolidation, ensuring multi-GAAP and IFRS compliance and much more to reduce the need for expensive customizations. Regardless of your group structure, depth, or unique chart of accounts, Prophix can execute complex account consolidations in seconds for faster insights that drive better business outcomes.

New cloud features: enhanced security, seamless collaboration, and advanced analytics

Built-in customizable audit reports

The need for transparency and data traceability is paramount. Financial Consolidation software enables the creation of detailed and fully customizable audit reports when needed, simplifying and expediting internal or external audit processes and significantly decreasing the cost and resources spent on audits. By providing user licenses specifically tailored for auditors and a library of configurable audit report templates, Prophix One gives auditors the tools and transparency to self-serve and streamline the audit process ensuring the accuracy and integrity of your consolidated financial statements.

Settings for the application displayed on the screen

Integrate and automate data collection across business systems

No matter whether your company is dispersed across different regions, currencies, or business systems, your data collection is made easy. With an easy-to-use interface, Financial Consolidation simplifies the data exchange between our platform and other business systems without involving IT. Using automated imports, integrations, and validation rules, you have complete visibility and control over your data throughout the entire consolidation process resulting in quality consolidated financial reporting.

TRUSTED BY OVER 2,500 CUSTOMERS

Financial consolidation success stories

Ravago

From improved data quality for consolidation and reporting to achieving significant time savings due to less manual input, see how Ravago empowered subsidiaries to input data and create reports.

Galapagos

From managing currency and translation adjustments to ensuring audit quality and complete information traceability, see how Galapagos streamlines their processes and shortened their closing timeframe.

Alter Domus

From significant time savings to high-quality information and data, now Alter Domus can offer consolidation services in multiple accounting standards including accelerated review of consolidated accounts.

Hear from real customers

Prophix has improved every single aspect of our budgeting process. Instead of spending time setting up the budgeting process, we are instead able to better analyze and understand the budget/product that we are producing in conjunction with the program managers.”

- Director of Financial Reporting

Prophix gave us a solution that is scalable to our business, works with multiple ERPs, is manageable for the Finance team with minimal IT involvement, and has proven to be extremely cost-effective."

- Dan Derooy Director of Financial Reporting

With Prophix at our fingertips, I was able to coach the finance team to help others in the company access the data they need. It’s helped us create a culture of self-service and has allowed our finance team to focus on strategic decision-making.”

- Cost Accounting Manager

NO MORE TEDIOUS MONTH-END CLOSES - AUTOMATE FINANCIAL CONSOLIDATION

Faster, smoother financial consolidation without the stress