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"We use Prophix to do our financial reporting. … We use five different ERP systems around the world, four different currencies, and we have plants in the U.S., the U.K., Germany, and China. … [Prophix] does all the currency conversions for us and does all the consolidations for us."

API Heat Transfer, Inc. Michael DeHart, Corporate Accounting Manager

Combining companies or managing branches across numerous locations can be a logistical nightmare. With multiple legal entities, intercompany eliminations, various regulatory reporting requirements, mergers and acquisitions, foreign currency translations, expense allocations, and more, it seems impossible to get a comprehensive view of your entire company.

Prophix’s financial consolidation and close tools eliminate manual processes and automate recurring ones, so you’re operating as efficiently as possible. You’ll cut down on the amount of time wasted gathering data and increase the time you spend on data analysis.

Free Whitepaper: Financial Consolidation

Get A Picture Of Your Company’s Financials And Performance

Prophix Financial Consolidation and Close: Get a True Picture of Your Finances

Automate Your Most Time-Consuming Processes


Connect Your Sources

Are you tired of navigating multiple ERP systems or sifting through historical data to find answers? With Prophix, you’re able to automate the consolidation of data from any number of source systems, connecting all the pieces of information for a streamlined financial process.

Unify Your Business

Whether you’re separated by states or by continents, it’s a challenge to manage a business that’s spread out. With Prophix, distance or siloed information won’t hold you back. You can gather data from anywhere in the world or from separate ERP solutions and use that data to ensure you are seeing the consolidated results of every branch of your business.

Analyze with Greater Insight

Using data from multiple sources, you’ll create more accurate forecasts with precise consolidated data. Prophix allows you to apply different currencies to your analysis and set ownership percentages for a comprehensive understanding of your operations.

Inform Your Decisions

When you’re spending hours simply gathering data from numerous sources, you don’t have much time to adequately apply your data insights to your decisions. And, when data is manually gathered, you can’t even be sure your conclusions are accurate. Using Prophix ensures that the data you rely on is accurate since it’s linked directly to the source data.

Prophix has a solution.

Prophix takes complex financial consolidation and close processes and simplifies them through automation. For companies big and small, Prophix is the right solution to keep your entire organization working toward the same goals.

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