"From a budgeting perspective, we record revenue and expenses on a very detailed level, the ability that we can set up alternate assumptions for our projections down to the category level and through lines of services allowed us to save months during our budgeting cycle."

“Finance departments should have a data repository that contains reliably accurate and up-to-date data. This repository should be able to handle financial and nonfinancial data because departments need both types to analyze and report on their company’s performance. And, to ensure that data is accurate and up-to-date, it should avoid …

"Because of the changes implemented with Prophix, our management team is more confident and timely in our decision-making.”

"Our accountant used to spend a full day distributing reports, now it takes no time at all."

"Raising the level of our data quality has very quickly improved our ability to exercise financial control."

"Before it was only the small team in Group Finance who worked with the data – no one else. Today, the finance functions in the subsidiaries can just log in and that ensures that everybody works with the solution and the data."

"We collaborated with Prophix to develop an aggressive project plan. We had to implement new budgeting processes and accounting principles, and we had to reorganize operating responsibilities into a standard system."

"Napkins, each of which cost less than a penny, represent a significant proportion of our product portfolio. This results in a high volume of transactions. That means that we need to slice and dice into different areas, analyzing our information at the detailed level and making business decisions based on …

"Before Prophix, we were basically incapable of steering our budget process, and often ended up in a situation, where the budgets never really came into play. It has been a major relieve to get a system that quickly secures high-quality and updated budgets."

"Our work developing a personnel planning solution with Prophix’s Detailed Planning Manager puts us way ahead of where we stood when we used spreadsheets."

"The combination of these two models has allowed us to improve business execution and organizational analysis."

"Prophix helps us save resources. Most of it is automated, and we have created significantly greater transparency, clarity and agility in the budgeting processes because we no longer spend time on handling decentralized budget processes and asynchronous data validation."

"Everything was in a slightly different format. We couldn’t review decisions after the fact. There was no master database, no audit trail. We couldn’t easily get an overview of how the individual budget spreadsheets had been calculated. We wanted a way to make the process more consistent, quicker and just …

"With Prophix, SonoSite can adjust numbers, consolidate data, and create a profit and loss statement in one hour, versus four or five hours with the old system."

"We found it very easy to use Prophix’s software to automate our core business processes, like budgeting, forecasting, and reporting. In turn, this has helped Finance to operate much more efficiently and to collaborate with other departments to monitor their performance."