FINANCIAL REPORTING SOFTWARE

Narrative reporting describes reporting beyond standard financial statements, which can include qualitative information on a company’s performance and non-financial data. Stakeholders use narrative reporting to make better decisions, and financial reporting software centralises data from disparate systems to enable this. Integration capabilities built into Prophix One bring all your company’s data together, while its reporting features make narrative reporting a hassle-free process. You can even embed narrative text and external links right in your reports.

Prophix One^™ is a fully integrated platform, eliminating the need to manually copy and paste data between tools—and the errors that come with it. AI-powered automation improves accuracy by automatically detecting variance and building narrative insights right into your reports.

Prophix One^™ integrates natively with accounting, ERP, CRM, and HRIS systems.

Financial reporting software can be customised to accommodate different charts of accounts, manage statistical and calculated accounts, and handle rolling over reports with little maintenance. Complex calculations referencing various general ledger string counterparts can be configured to maximise flexibility in analysing key data. Prophix One facilitates chart of account changes and rolls them out to all your reports, eliminating significant manual work.