"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."
"Prophix [is] a terrific tool for budgeting and forecasting. The software is easy to use, and the ad hoc tool makes analyzing data a snap, especially if you like to dump data to Excel and play with pivot tables. Prophix has probably saved hundreds of hours of staff time. Internal Finance processes have been streamlined as well, saving Finance staff time. Since implementing Prophix, we cut our Finance staff by 25%." '
"We are in the era of big data, which in the context of finance means that the quality and quantity of data to analyze has increased materially. Digitally transformed finance teams are those that one, are actively automating low value, transactional activity or repetitive tasks with software, bots or ai, and two, are implementing tools that aggregate and analyze data in new and meaningful ways."
"We use to have a million tab excel file that consolidated trial balances, converted the currencies, and eliminated intercompany balances. It was prone to errors and was never correct. Prophix helped make those steps easy and we close the books with confidence now. I highly recommend."
"Prophix One Account Reconciliation was a vital decision in our ever-evolving quest for expansion and having more efficient processes when doing so. We’re gearing up for a historical year in 2025 and want to make sure we have the correct key players to further support our core mission of both innovation and seamless experiences."
"What I love about Prophix is that it gives us back time, and with that, the opportunity to find more rewarding ways to spend our days. Rather than just focusing on checking numbers, we have more time to evaluate, analyze, and see the interesting side of the business."
"With improved visibility of business data, we enhanced our product pricing strategy by monitoring the Bill of Materials (BOM) more accurately, quickly, and easily. Previously, pricing decisions were primarily based on customer input and feedback from area sales managers. Now, we leverage a wider range of data, including costs, transportation, and other relevant factors, to inform our pricing strategy."
"Prophix One Account Reconciliation was a vital decision in our ever-evolving quest for expansion and having more efficient processes when doing so. We’re gearing up for a historical year in 2025 and want to make sure we have the correct key players to further support our core mission of both innovation and seamless experiences."
"The expense allocation process is the crown jewel (in my opinion) in our Prophix toolkit. There are many intricate subprocesses and calculations that aren’t tied to our general ledger accounts. That was the trick in building it out, but it really is a strategic advantage for SFG in how we accurately and transparently allocate expenses to business units and product lines."
“I’d describe Prophix in one word as flexible. It was really the intuitive nature of the platform that got me excited.”