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“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.”
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"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 …
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“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.”
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"The project was scheduled for 24 days and was completed in 23, with well-defined milestones met along the way. Financial Consolidation enables us to carry out the group’s account consolidation in two and a half days and to generate consolidated monthly reports at D+4."
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"If I had to choose three qualifiers, they would be “serious, competent and fast.” The project was implemented quickly, enabling us to work autonomously with the application nearly immediately. The Financial Consolidation application is very effective and automates many functions, enabling us to save a great deal of time. They …
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"What I also like about Financial Consolidation is its ability to automatically create reports that show our (very complex) group structure. Before implementing the software, I had to create organization charts myself.”
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"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.”
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"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 …
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"We chose Financial Consolidation chiefly for its flexibility and userfriendliness. We also appreciate how well the start-up of the project was planned and managed and that all the parties met their deadlines. This allowed the implementation of Financial Consolidation to go extremely smoothly and we were soon up and running …
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"[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.”
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"Key from day one was improved efficiencies and strengthening the accuracy of our data. Before Prophix, the bulk of our forecasting was timeconsuming data entry. With Prophix, we have elevated the process and can have those good conversations about the assumptions and dive in deeper into what drives our forecast …
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"The previous package we were working with did have some weaknesses and did not enable us to change to monthly consolidation of our accounts. With the implementation of Financial Consolidation, we are able to shorten our closing timeframe, with improved information quality.”
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"All our executives overseeing our four functional areas use Prophix to do their personnel planning. As we’re doing budgets for the coming year, we’re able to do periodic reforecasts every 90 days, instead of just doing one annual budget. That way, information doesn’t get stale and we can stay on …
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"Our budget process was rough. Before Prophix, we had 20 cost center managers receiving an Excel workbook they would have to return with projected expenses to accounting. At this point, we had to combine them all into one master workbook. We wanted to streamline the process with a Prophix workflow …
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"Ad Hoc [Analysis] is a great feature, making us able to quickly dive into the details and pivot on data, setting up quick reports that we want to dig into. It gives the ability to be more flexible and accomplish more ad hoc tasks."