118 Prophix Software Testimonials

"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 are an analysis-hungry organization and continue to stretch the amount of reporting that we can provide to the business. We've more than doubled our store count since we implemented Prophix's software, but since reports can be set up dynamically that is not a problem. We are able to secure access to the data in ways that before would have been very cumbersome. People now have access to the data they need - without the ability to view confidential information. None of this was possible using spreadsheets."

"With Prophix giving us a full understanding of our financials and how they relate to decision making, we hold our people accountable."

“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.”

"We were able to put together a report in Prophix that we have scheduled to run every month. That report has been transformative for so many people because they now have insight into something that was veiled or hidden. With Prophix, I can get the right information to the right people so they can act."

"Prophix perfectly meets the quick close goals and need for frequent reporting of international groups like ours. Prophix’s quality support ensures the project will be completed on time.”

“Prophix has given us better control of our budgeting, planning, and analysis than we ever had before. We also reduced the time required for our data consolidation from one week to just a few minutes each month.”

“We’re convinced our consolidation process has already improved by acquiring Prophix. The new functionality will help us further automate and perfect our group consolidation and reporting process.”

“Prophix allows us to carry out our consolidations very quickly. One of our objectives for this year is to implement a monthly consolidation and setup KPIs for certain entities in the group. Because of the autonomy we have, we can adjust parameter settings according to the evolution of the group. It also gives us the flexibility to answer new requests from the management team.”

"Financial Consolidation perfectly meets our needs in a context of strong growth: quick production of quarterly consolidated accounts which are easy to audit. It provides us with excellent autonomy to manage changes in scope, prepare reports and notes, and more.”

"With Financial Consolidation, we get the correct figures in the most straightforward way possible. The reporting tools provided in the software offer the freedom of Excel combined with the power and reliability of an excellent consolidation reporting software package.”

"Financial Consolidation brings clarity, accuracy, and confidence to our entire group reporting. This is one of the most user-friendly solutions we have ever used.”

The migration from our consolidation in Excel to Prophix’s automated solution has provided us with numerous benefits. Our data is now more reliable, both at entity and group level, processes are more streamlined, and we are better in control. Financial Consolidation has made it possible for me to produce a monthly consolidation and elimination for balance sheet, P&L, cashflows, budgets and forecasts, and I now have a complete overview of the figures with all the necessary details, instead of one time a year at the closing period.”

"What I like most about Prophix is its flexibility. We have complete control of the software. The flexibility and performance of the application allows us to deliver a high value-added service to our customers, whether it is consolidation outsourcing or support and consulting.”

"Because of the changes implemented with Prophix, our management team is more confident and timely in our decision-making.”