116 Prophix Software Testimonials

"The days of simply setting budget targets once a year and then executing that plan are over. Now, Finance leaders need the ability to continuously plan as we get new information, run what-if scenarios, and accurately model out the impact of changes in business strategies."

“The best CFOs know what they know best, and they know who knows what they don’t. Being a leader at that scale, you need to know how to delegate, work well with others and you must know who to turn to in terms of specific expertise.”

"Prophix is a flexible and powerful consolidation software application, at the leading edge of technology. The tool is ideally suited to the needs of major groups like Eiffage, as it can be deployed quickly and provides impressive performance. Its business line logic is very clear and makes it easy to learn at every level of the company. We are fully autonomous with the tool (configuration, report creation, and interfaces). Prophix gives us the flexibility and rigor we need in a constantly changing environment.”

"Prophix has helped us with the unique requirements of our industry by allowing us to configure the solution exactly in line with our required business model."

"Thanks to Prophix, our Finance team, and therefore our organization, operates more efficiently and effectively. The software provides us with certainty that all of our figures are correct."

"I would definitely recommend Prophix to companies of a similar size or those in our industry. I enjoy the flexibility to generate the output that we need for internal and external reporting. Our Cognos implementation was very complex, but the equivalent implementation with Prophix was fast and affordable. As a robust and easy-to-use solution, Prophix allows our users to maintain control."

"We often recommend Prophix to companies in our industry. I typically focus on time savings, which relate to our corporate strategy of always wanting to operate leaner. The cost savings based on adoption are also exceptional. Implementation is fairly smooth and fast, which makes the learning curve manageable. The centralized data integration with our ERP is really important as well. It’s very slick. I don’t even think about it because it’s just so easy."

"I love working with different parts of the business. It’s not just number-crunching; in Finance we help to drive decision making. I think that using a tool like the software from Prophix will play a big role in this."

"Using Prophix provides valuable insights into our company’s data. At the detailed level, for instance, we have a sales model that integrates daily information from our ERP system, ultimately showing our profits for each product line by customer and salesperson. These types of details flow into our summary reports, which we present to the c-level executives. On the first day of each closing cycle, our CFO can understand his numbers by 9 a.m. By noon on day two, the group regenerates full year forecasts for the next two years. Previously, this would have taken us 4 or 5 days, without leaving time for detailed analysis."

"I know that our financial reports are ‘rock solid’ – they are always accurate and complete. I can say that with confidence because we use Prophix’s software."

"Panariagroup’s opportunity to manufacture different brands in different plants has grown over time and it was not easy to understand how budget provisions would affect our production capacity in every single plant. With the help of Prophix’s software, we now build and manage a high level production plan that drives Panariagroup’s decisions regarding which brands to produce in which proportions at all 6 of our plants."

"The process of managing nine divisional P&Ls (each with its own logic for allocation) became increasingly time consuming and error-prone. Implementing the software from Prophix enabled us to automatically allocate direct and indirect costs to the divisions and to seamlessly generate reporting packages for each division. Automating these allocations has led to a signifi cant time savings that allows our staff to focus on valuable data analysis."

"We use Prophix’s Detailed Planning Manager to budget wages. Next, we would like to compose budgets for projects, and we are keen on implementing sales budgeting. We have loans like other companies, and we will use the software to construct budgets for our loan payments. Prophix makes all of this possible."

"[The PROPHIX 10 demo] not only showed us that we could improve our budgeting processes, but also that we could leverage the product to achieve our reporting goals–including more detailed variance and exception reporting–while making the process far less cumbersome."

"We automatically upload statistical data, including customer membership types and premiums, from our ERP, Microsoft Dynamics GP, which fully integrates with Prophix. In just minutes, we have all of our reports available to analyze or distribute (also automatically) across the company, with the relevant information displayed based on the roles of the recipients. We also use Prophix’s drill-across function to investigate transactional details inside GP, per month, per department, per location, and per line of business. Using drillacross to pinpoint explanations of variances and fl uctuations represents just one more of Prophix’s tools for analysis that spreadsheets could never equal."