119 Prophix Software Testimonials

"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."

"With the Excel-based budget planning, it would take probably take three to four months. And a lot of that time was spent on manipulating the data in Excel and getting it to roll out properly. When we went to Prophix, we were able to trim that down to more of a two-and-a-half month cycle, where most of the time was spent on analysis and actually getting into the data and understanding what we were seeing."

“It has been one of the best decisions made by Moneris in terms of ensuring workflow management and financial planning are readily available for everyone to benefit from.”

"We’ve got a vastly superior forecasting process. We’re able to drill down and support forecast numbers in much more detail, and therefore, hold people accountable – ask the right questions at the right time. It’s a huge quantum leap for our business in terms of how we can get better insights into where the business is going."

"Doing a daily cash flow forecast is important for us as a new business. We want an understanding of what our cash flow is from day to day, as lots of commitments happen actually at certain days of the month. So, we need to know what they are. That’s really beneficial to us."

"We do pages that report expenditures and costs by department, by division. We provide a lot of detail back to the division chiefs and department chiefs, if they want to check who’s spending money, what it’s being spent on, etc."

"Prior to implementing Prophix, we would spend at least 80 hours a month just generating and emailing reports. After those reports were generated and emailed, we spent many, many more hours analyzing data and pulling details for our users. At this point, I spend about three hours each month maintaining our data structures."

"One of the key benefits of Prophix is the ability to do really improved analysis without relying on Excel spreadsheets, which can be latent with errors."

"The integrated reporting, financial consolidation, budgeting and scenario planning capabilities, integrated at the detail operational level with SYSPRO, provide insights to our customers that translate to improved competitiveness due to an increased decision-making support capability."

"The partnership with Prophix gives our customers the ability to use financial insights to make better and faster business decisions. In today’s competitive environment, that is the key to short- and long-term success."

"We wanted to see if the market had changed, to understand if a better competitor product existed. A publication from [industry analysts] Gartner Inc. drew our attention to Prophix. We felt that Prophix offered a mature product with deeper functionality than those of its competitors."

“We are now truly agile. Automating our feeds and processes means that we no longer just compile data; we analyze our position from a variety of angles. Prophix allows us not just to see what has happened but to pinpoint what is happening and what will likely happen down the road.”

"Prophix not a one-size-fits-all; however, it is a one-tool-fits-all. You can make the software work to analyze your business. If you can do it using spreadsheets, you can do it better using Prophix."

"We’re not a typical company, but that probably just shows how any organization could benefit from using Prophix’s software. In the service industry, it’s important to track personnel and productivity. The ability to analyze financial and non-financial information together allows us to continually answer important questions for our business."

"We found a flexible performance management application that not only allows us to work more efficiently, but also gives us the transparency to make better business decisions at the ground level. There isn't anything that we've tried to do with the system that we haven't been able to accomplish."