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As a Financial Controller, you prepare reports summarizing and forecasting your organization’s financial position for senior management, auditors, regulators, governmental agencies, banks, and/or shareholders. As such, your reports and insights are held to an extremely high standard.
As the Finance Manager/Director, you do more than prepare financial statements, business activity reports, and forecasts. You need to find and implement activities that maximize profits. Meanwhile, your CFO/VP of Finance counts on you to recommend strategies to reduce costs. Prophix software helps you implement the changes you need and to address Managers/Directors’ most pressing challenges
As the CFO/VP of Finance, you are accountable for your organization’s past and present financial situation. In addition, you are the architect shaping its financial future. Every day you oversee internal financial controls, manage projects that have major financial impact, cultivate relationships with external sources of financing and drive major strategic initiatives.
As a Financial Analyst, you are on the frontline of your organization’s finance activities. You have to effectively conduct day-to-day finance tasks within tight timelines and with limited resources. To be as successful as possible – while supporting your Manager/Director – you need to get things done quickly, accurately, and cost-effectively.
"With the Excel-based budget planning, it would take probably take three to four months. And a lot of that time was spent on manipulating the data in Excel and getting it to roll out properly. When we went to Prophix, we were able to trim that down to more of a two-and-a-half month cycle, where most of the time was spent on analysis and actually getting into the data and understanding what we were seeing."