119 Prophix Software Testimonials

"The increase in quality and responsibility for the local users was crucial for us. In the near future, this will certainly result in more high-quality analyses. Put briefly, the central team has much more control of the local figures with much-improved ability to improve the group’s financial performance.”

"[Prophix] is the answer to all our requirements regarding consolidation. The tool is intuitive, and has a modern, pleasant interface. The application is very performant and our data is now more reliable.”

"[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."

"Prophix has shown it has a dedicated professional staff who bring not only product knowledge but also real world examples and experience to the project."

“Prophix’s capabilities for demand planning have allowed us to get the right products to the right place at the right time, and to streamline the inventory flow for our business.”

"From a budgeting perspective, we record revenue and expenses on a very detailed level, the ability that we can set up alternate assumptions for our projections down to the category level and through lines of services allowed us to save months during our budgeting cycle."

"It is a strategic imperative that Finance departments evolve, and yet many such efforts fail. Why? I think the main reason is lack of support from leadership."

"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."

"Even though startups or small companies can be more agile, they still must track and correlate unique KPIs to their industry. Larger firms could borrow some of these practices."

"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 were bidding on jobs in one system, scheduling in another and didn’t have any supporting data on whether or not we were actually going to be able to resource the work on time. We’re now able to project that type of information with Prophix and service our customer better."

"Prophix gives you a great ability to use your current financial data and forecast future revenues and expenses. The additional level of data analysis ability pushes it over the edge. If the data is in your ERP and you want to know something about it, Prophix gives you a way to get that answer."

"With Prophix, they conduct variance analysis of how many beds they are licensed to occupy and how many beds are currently occupied. As a result, Senior Living Group is able to maintain a 98.5% occupancy rate."

"With a single source of the truth, the accuracy of reported numbers was increased, and MHC can track real-time KPIs to assess performance."

"The implementation of Prophix has resulted in considerable advantages in terms of the quality of data and time savings.”