"Using Prophix's software to automate the creation of our annual budget has been a real game-changer - and we have improved our forecasting, too. We also generate reports on-demand that compare actuals, budgets, projections, previous year data, and variances."
“Prophix has improved every single aspect of our budgeting process. Instead of spending time setting up the budgeting process, we are instead able to better analyze and understand the budget/product that we are producing in conjunction with the program managers.”
"The Prophix PowerPoint add-in will improve the effectiveness of meetings where CPM data is presented. The “live” link to the software is the next step in the evolution of the way finance teams present, analyze, and even modify data in meetings."
"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."