"Because forecasting and scenario planning is designed to facilitate action, it is important that it not be performed in isolation. It requires the buy-in of Senior Leaders in all functions of the company including operations, sales, finance, marketing, IT and supply chain.”
“It is quite a novel way of trying to complete an implementation in these locked down times, and we expect to have to overcome some hurdles as we progress (more from our side!). But I believe strongly that it is achievable and have every faith in the Prophix team supporting us, both during and after to overcome any challenges that may arise. With the CSP in place, we feel secure in the knowledge that we will always have someone there to help. When you embark on a project like this, you are almost going into the unknown and there is always the question of the credibility of the partner you choose. Particularly in terms of the strange circumstances, we find ourselves in right now (COVID). The Prophix team have been instrumental. Their integrity, knowledge, understanding of our needs, and overall, the relationships we have established made this an enjoyable experience for our whole team. You believe in your product and we believe in you!”
"We used to email over 250 Excel files back and forth during our overhead planning processes. We recognized that this was unsustainable. 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."
"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 what we see. Prophix gives us a familiar and easy-to-use platform to do that."
"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 better. A single record."
"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."