Building a Better Finance Function

Smart Compliance

The reality of modern finance is that everyone wants to know your business. Whether you are a private company or publicly listed, government body or third sector, the range of demands on your data has never been greater. Statutory filings, self-regulation, shareholders and stakeholders all want their version of what’s happening and when, and they don’t want to wait to get it.

More Strategic CFOs?

What can you do to ensure that we make the right pricing decisions as we roll out our marketing campaign internationally? Next month, the board wants to see how each potential decision will affect overall earnings, cash flow, and share price.

Skanska USA Building

Skanska USA Building uses software from Prophix to automate their overhead budgeting and reporting, as well as improve the analysis for their multi-billion dollar construction business.

7 ways to Reduce the Time you Spend on Budgeting without Spreadsheets

As your company evolves, you have to devote more and more time to preparing your budgets. That’s why Prophix brings you 7 Ways to Reduce the Time You Spend on Budgeting. This Best Practices whitepaper outlines specific actions that you and your teams can take to make your budgeting process more efficient – because you could do so much more if you reduce the time you spend on budgeting.

Achieve A Faster Year-End Close Now

When properly implemented, sound financial processes deliver accurate data to an organization’s decision makers throughout the year. With proper planning, key stakeholders will receive their information early enough to take corrective actions.

Accelerate Your Business: Performance Reporting Essentials

Reporting is a vital means of communicating internally and externally between key financiers and other stakeholders of an organization. The ability to report timely and accurate data is an essential component to operating a successful business, and can spawn a myriad of other activity aimed at meeting corporate objectives.

7 Great Ways to Improve Your Quarter-End Analysis

All too often, finance departments face the same challenges at the end of every reporting period—whether it’s month-end, quarter-end, or year-end. The department must prepare financial reports and statements such as balance sheets, cash flow statements, income statements, and increasingly, management reports, as well as provide information about key performance indicators.

Budgeting Without Spreadsheets Checklist

Use this checklist to determine when Corporate Performance Management software will help you improve your annual budgeting process and reduce your reliance on spreadsheets

FSN Elite Executive Briefing

How can CFO’s recruit the skills they need for the modern finance era? The CFO’s journey over the past few years from financial steward to strategist is well chronicled. One consequence of the digital era is that the role of the CFO is in a constant state of flux, buffeted by new business models and the remodelling of existing business processes.

Operational Intelligence

Finance is the natural home of key business data. The department that has always held most important numbers. Now those building a truly modern finance function are becoming connectors for the wider organisation. A hub for collaborative relationships built around shared data. Data that drives better, faster decision-making.

Managing Job Costs in a Volatile Market

Prophix CPM Overview

Organizations with greater visibility into their company’s financial health can quickly and easily track performance against plan, thus enabling course correction as required.

Consolidate with Confidence

Understand your competitive standing and global business performance. It’s easy to do with Prophix’s flexible consolidation reporting and analysis capabilities.

Prophix & Microsoft Dynamics

Stop using error-prone spreadsheets, replace frustrating FRx & Management Reporter and supercharge your Dynamics ERP with a single solution designed to boost your financial processes.

7 Reasons Why Prophix is a Better Alternative

7 Reasons Why Prophix Is a Better Alternative to FRx and Management Reporter

Reduce your frustration with spreadsheets, replace old FRx software or upgrade from Management Reporter with a single, unified CPM solution designed to track the financial health of your company.

Modernizing your Finance Function Using Gartner's CPM Maturity Framework

Working in finance, do you spend too many evenings and weekends working on traditional functions such as; aggregating, checking and fixing historical data, with little time for proper analysis? This must be frustrating when you can see where real business benefits can be gained if you were able to spend your time building a finance function that went beyond the routine and added value.

Asociación Popular de Ahorros y Préstamos

APAP’s Finance Department shed their reliance on spreadsheets by implementing software from Prophix. They now have an automated budgeting process, generate reports on-demand, and use their extra time for analysis and recommendations to the business’s leadership.

Weaving A Better Budget Process for Elis Danmark A/S

Elis Danmark A/S (Elis), a leading European provider of textile maintenance services, searched the market for powerful software that could help them improve their complex and comprehensive budgeting process. With Prophix, Elis automated their core financial processes, allowing them to produce strategic reports on demand.

BUUK Infrastructure

BUUK Infrastructure were no strangers to Corporate Performance Management (CPM) software. After using Hyperion, BUUK switched vendors and leveraged an implementation with Prophix to streamline their budgeting process. The company oversaw this project during a large-scale business structure change as well as a new general ledger implementation.

Southwire

Southwire Company, a leading manufacturer of more than 70,000 wire and cable products, had difficulty Southwire’s lack of adaptable tools hindered their ability to address daily business challenges. With Prophix, Southwire can produce consistent and accurate reports, making it easier for business users to access the data they need.

Floor & Decor

Floor & Decor uses software from Prophix to automate their budgeting, forecasting, and reporting, as well as conduct real-time analysis for the rollouts of their new store locations.

American Kennel Club Customer Story

Community Physician Network

Having encountered frustrations with spreadsheets and knowing that Microsoft would discontinue their FRx Reporter tool, Community Physician Network (CPN) implemented innovative Corporate Performance Management software from Prophix. CPN has since revamped and automated a wide range of valuable financial processes.

Working Capital Management

Finance Transformation Webcast

Job Cost and Revenue Forecasting for Pros: Eliminate the Guessing Game and Improve Accuracy

Job Cost and Revenue Forecasting for Financial Pros

Dynamic Institutional Planning - Enrollment Planning

Dynamic Institional Planning - Position Planning

Dynamic WIP Reporting

Real-Time Dashboards - Prophix for Construction

Transforming Finance with Prophix - Superior Construction Customer Spotlight

Scenario Planning: Transforming finance from reactive to proactive

American Kennel Club Customer Story (longer version)

The Future is Agile Finance: CFO Strategy & 2022 Benchmarks

Transforming Finance with Prophix - Alterman Customer Spotlight

How can the finance function stay agile with less people in a challenging economy?

How CFOs Can Change the Game with Cross Company Planning Webinar

Job Cost Forecasting

A Journey Through Financial Transformation Webinar

Senior Living Demo

Software in construction - Lessons learned from major projects

Softbox Customer Story

Senior Living Facilities: Using FP&A to Increase Profitability

Copenhagen Business School

Recognizing the limitations of their general ledger system, the finance team at the Copenhagen Business School (CBS) selected software from Prophix to develop advanced budgeting processes. Using Prophix’s built-in workflow features and its two-way data integration with their accounting software, CBS has built a range of budgeting models (tracking salary budgeting and project budgeting, among others) that enable them to analyze their expanding operations.

Construction Teaser Video

The Power of Cross-Company Financial Planning

In this whitepaper primer, we outline the benefits and costs of Integrated Financial Planning (IFP) so that any senior financial professional can determine if, how, and when to consider unifying technology solutions (e.g. Corporate Performance Management software) that help them unlock the insights captured in their company’s data and planning processes.

Swan Mill Paper Company

Swan Mill Paper Company had already begun to automate their financial processes with software from Adaptive Insights. By switching vendors to Prophix, Swan Mill began to leverage more significant value by addressing the unique needs of their company— particularly in the areas of revenue reporting and sales forecasting. Today their organisation boasts a detailed, constantly updated view of their sales performance in the multiple currencies that affect their global operations. The insights provided by this information have enabled them to make better business decisions.

The Benevolent Society

Implementing Prophix via Forest Grove Technology in Australia, The Benevolent Society (TBS) has developed a wide-ranging solution for their business. Leveraging Prophix’s capabilities for integrated budgeting and planning, TBS utilizes a direct connection to their Microsoft Dynamics general ledger and runs variance reporting, financial statement forecasting, personnel planning, capital expenditure planning, and more.

The Milwaukee Bucks

Having relied in the past on spreadsheets for their business processes, the Milwaukee Bucks used Prophix to obtain complete visibility into their finances, to develop advanced budgeting and personnel planning models, and to automate the production of their financial reports based on the new requirements set out by the National Basketball Association (NBA).

TMG Health

Originally selecting Prophix in order to move away from their reliance on spreadsheets, TMG Health automated their financial budgeting processes. Employing a phased approach over time, this growing organization used Prophix’s advanced Corporate Performance Management (CPM) software to streamline important financial processes, including cash flow planning, personnel planning, sales forecasting, revenue analysis, and several forms of operational reporting.

Wastequip

Wastequip’s senior executives sought a means to streamline the influx of data from multiple ERPs into a single unified solution that is pre-built to conduct important financial processes. Accomplishing this with Prophix enabled them to consolidate their information, to develop their operational and strategic reporting, and to build an advanced sales planning model that informs decision making from their key business stakeholders.

Financial Consolidation: 5 tips to a faster, simpler close

Find a financial consolidation application that brings the disconnected systems together to create a single set of consolidated results, which provides accurate, quality data.

5 Signs That Your Data Is Letting You Down…

Reliable and timely data is at the heart of your organization’s success – particularly when you have multiple business units, offer several product lines, operate across geographical borders, and are expected to achieve significant growth rates.

7 Ways to Reduce the Time You Spend on Budgeting

As your company evolves, you have to devote more and more time to preparing your budgets. That’s why Prophix brings you 7 Ways to Reduce the Time You Spend on Budgeting. This Best Practices whitepaper outlines specific actions that you and your teams can take to make your budgeting process more efficient – because you could do so much more if you reduce the time you spend on budgeting.

Future Finance: The Heart of Tomorrow’s Business

The business world is accelerating. The proliferation of high-powered, low-cost technologies and global communications platforms is driving increased competition and more rapid change than ever before. The turnover of companies on the stock market has never been more rapid. Patent applications are at an all-time high, and the rate of increase continues to rise.

Skanska USA Building

Dan DeRooy, Director – Financial Reporting, explains how Skanska USA Building uses software from Prophix to automate their overhead budgeting and reporting, as well as improve the analysis for their multi-billion dollar construction business.

AAA Northeast

Upgrading from a homegrown solution that relied on complex spreadsheets, AAA Northeast (AAA) used innovative Corporate Performance Management (CPM) software from Prophix to automate and advance their financial processes, including budgeting, forecasting, reporting, and consolidation. The organization has also developed the ability to analyze its operations from a number of angles and use these analyses to influence their decision making.

Ramboll

Ramboll, a leading engineering, design and consultancy company, relied heavily on spreadsheets for budgeting and reporting. Their Office of Finance needed a solution that would allow them to consolidate entries from many users across the globe. With Prophix, Ramboll streamlined their reporting processes and cut their budget preparation time in half.

Financial Consolidation - Get a picture of your Company’s financials and performance

Financial consolidation is a process that is usually used to aggregate financial results from multiple legal entities and to make adjustments to the results. However, many financial professionals regard it as a necessary evil that can be handled either in a “hit and miss” way using spreadsheets or comprehensively with software that can handle extremely complex situations but that is also expensive.

Feeding America

Feeding America uses software from Prophix to automate and streamline its budgeting, forecasting, financial reporting, analysis, and project planning.

The Future of the Finance Function - Infographic

CFOs underestimate the importance of process standardisation, automation and linking front office to back office systems, yet those that have fully achieved these goals ar more likely to…

Visual Analytics Solves Data Challenges

The computer software business is constantly changing. Vendors often have their way of looking at the market and use terms that can be confusing or so general that they have no real meaning. One such term is Business Intelligence or BI. From its early days, the BI business has grown significantly with a large number of vendors that use terminologies such as Big Data, Data Discovery, and Visual Analytics. Now there are “self-service” BI-like products.

But what do these products actually do?

What are the security issues?

Which solution(s) are best for any one company?

Your Guide to Better Planning

The planning phase for the next financial year is the most unpleasant time in many companies.

But we don’t think it has to be that way.

Get the best tips to optimize your planning in “Your guide to better planning”.

Read about:

• Modern planning methods
• Proper tools for planning
• Relevant new technologies
• Checklist: How well integrated is your planning?

The guide is written by senior analyst, Dr. Christian Fuchs, from BARC – one of Germany’s largest analysis companies.

Visual Analytics: From Data to Insights

The voyage from data to decision to delivering value is a long one. First data points must be collected, collated, and stored for future use. Then the data must be organized, evaluated, and analyzed. Further along the path, the analyses must be reported in highly accessible formats that decision makers can consume and digest almost instantly.

Healthcare Experience that Matters

Prophix Customers at a Glance

“We use our solution from Prophix to avoid conventional budget processes, to generate an accurate rolling forecast, and to track the operational benchmarks that correlate with our funding requirements. The software has become invaluable to us.”

Solarcentury

Solarcentury, the UK’s largest solar company, was bound by Excel’s limited dimension approach to data when conducting their financial processes. After implementing Prophix, Solarcentury sought to automate their annual budgeting and reporting processes, as well as conduct detailed analysis to contribute to their long-term strategic planning.

Spacesaver Corporation Presentation

Steve Anderson from Spacesaver, a market leader in building custom storage solutions for libraries, museums, and businesses worldwide, shows how his company uses software from Prophix for financial reporting and consolidation, budgeting/ forecasting, and for product mix and inventory analysis.

Crescent Communities Presentation

Ryan Wheatley from Crescent Communities explains how Crescent uses software from Prophix to master their cash flow analysis and investigation, and models their project costs to provide the firm’s equity partners with the best information possible for strategic decision making.

Interstates Companies

Interstates Companies moved beyond their reliance on spreadsheets and purchased Corporate Performance Management (CPM) software from Prophix to automate their budgeting, forecasting, and reporting. Today, the organization also conducts a wide range of planning activities with Prophix, allowing them to answer important questions for their fast-growing business, to grow their profitability, and to increase their competitive advantage.

Crystal & Company

Seeking to readdress their organization’s business analysis with the help of advanced software, Crystal & Company used Prophix to automate their financial processes (including operational budgeting, financial reporting, and strategic planning) and employ innovative business modeling to evaluate the full spectrum of their growing operations.

Danish Transport Authority

Following a series of mergers, the Danish Transport Authority recognized the need for Corporate Performance Management software to reorient their financial budgeting, forecasting, and reporting, while seamlessly integrating with their ERP. Working with Prophix, they have upgraded all of these capabilities and used advanced business modeling to analyze their operations.

Daishowa-Marubeni International

DMI’s month-end financial processes consistently required members of their corporate accounting group to work overtime while managing several inconsistent spreadsheets. By using Prophix to eliminate their reliance on spreadsheets, DMI now produces month-end consolidations with ease and has established efficient budgeting and reporting processes that integrate seamlessly with their Microsoft Dynamics G/L.

EJ USA

Using Prophix’s innovative Corporate Performance Management software, which interfaces directly with their organization’s general ledger system, growing manufacturer EJ USA has rebuilt and automated a wide array of operational processes. This includes budgeting, forecasting, reporting, and financial consolidation, as well as business modeling for analysis of their sales, inventory, raw materials, and more.

Electric Power Board

Originally implementing Prophix purely as a financial budgeting package, Electric Power Board (EPB) now uses Prophix’s Corporate Performance Management software to produce all of their operational reporting, which is subject to strict federal regulations. With its new business processes in place, EPB has realized dramatic improvements across their organization—positively impacting the working roles of everyone involved, from operational managers to senior executives.

Educational Services of America

Struggling to output their company’s budgets using spreadsheets, Educational Services of America (ESA) resolved to find and purchase an advanced software solution built on a single database. With the help of Prophix, ESA now automates important financial processes, including personnel budgeting, forecasting, reporting, capital expenditures planning, and personnel planning, and uses advanced business modeling for profitability analysis.

Farécla

A provider of surface finishing products for the automotive and marine industries, Farécla needed a Corporate Performance Management solution for financial budgeting, forecasting, sales analysis, and revenue planning. Selecting Prophix to replace their spreadsheets has helped Farécla to improve their business analysis and their operational performance; as the business grows, the company maximizes productivity with the same amount of resources.

Groenhuysen

Groenhuysen, a large Dutch healthcare provider with 2,300 employees, worked with Biyond, a local Prophix implementation partner in Holland, to automate their budgeting and to improve their business analysis.

Hymans Robertson LLP

Hymans Robertson’s Finance Department used software from Prophix to automate their budgeting process, generate reports on-demand, gain clarity into their data, and begin arming their departments with valuable recommendations for decision making.

Ionis Pharmaceuticals

Recognizing the limited capabilities of their existing systems (including Cognos and FRx Reporter), Ionis Pharmaceuticals implemented the latest software from Prophix in order to automate and advance their financial reporting processes.

Spacesaver Corporation

Spacesaver, a market leader in building custom storage solutions for libraries, museums, and businesses worldwide, uses software from Prophix for financial reporting and consolidation, budgeting/forecasting, and for product mix and inventory analysis.

Moorfields Eye Hospital

By automating budgeting processes, Moorfields has a comprehensive and accurate budget that they submit to the National Health Service (NHS), while also recognising many additional benefits including faster submissions, increased transparency, and improved collaboration.

Nutricia

Seeking greater insight into their financial information, Nutricia Export moved away from their reliance on spreadsheets and used innovative Corporate Performance Management (CPM) software from Prophix to advance their business processes, including sales reporting and revenue planning.

Pace Communications, Inc

Pace replaced Microsoft’s FRx Reporter with Corporate Performance Management (CPM) software from Prophix. While Pace’s Finance team initially hoped to revamp their reporting and budgeting, in time they came to use the software to make a range of important decisions and influence the company’s strategic direction.

Panariagroup

Panariagroup uses software from Prophix to automate their core financial processes and to model their production planning at the detailed level, enabling them to make critical business decisions related to raw materials purchasing, inventory volumes, and utilization of resources.

Queen’s University Office of Partnerships & Innovation

Frustrated with spreadsheets and database files, Queen’s University Office of Partnerships & Innovation used advanced Corporate Performance Management (CPM) software from Prophix to automate their financial processes (such as operational budgeting, revenue forecasting, cash flow planning, and profitability analysis) and address their unique business challenges.

Port of Tacoma

Reliance on spreadsheets frustrated the Port of Tacoma’s attempts to make their budgets align with their accounting system. The organization implemented Prophix and saved consolidation time, simplified their business forecasting and financial reporting tasks, and built their capacity for scenario planning. More importantly, improvements to the Port’s financial and operational processes provided them with automated business modeling and made a major impact on their bottom line.

Porter Airlines

Having experienced challenges with spreadsheets and other reporting tools, members of the office of finance at Porter Airlines Inc. (‘Porter’) resolved to obtain advanced software that would allow them to analyze the health of their growing operations and build their solution over time. With Prophix, Porter developed advanced operational reporting processes and uses business modeling to conduct profitability analysis of their air routes.

Reykjavik Energy

Suffering from their reliance on spreadsheets, the finance team at Reykjavik Energy (RE) selected Prophix in order to readdress their budgeting, planning, and reporting processes. Following a one month implementation, RE began to reap the benefits of a powerful and flexible solution that has simplified their procedures while offering a single, reliable source of financial truth.

Senior Living Group

Senior Living Group’s Finance group uses Prophix’s software to automate core business processes, maximize resident occupancy and staff utilization in their 55 retirement homes, and achieve rapid growth.

Prophix for Healthcare

Construction Demo Video

Health Solutions

Health Solutions is a non-profit provider of primary care, behavioral health, and wellness services in Southern Colorado. The organization’s Finance Department uses software from Prophix to avoid conventional budgeting, generate an accurate rolling forecast, and track the operational benchmarks that correlate with their funding requirements

Cash Flow Overview

How CFO’s Support Sales and Raise Revenue to Sustain Growth

The Power of Cloud - is it right for you?

Remove Excel from the Equation with Viewpoint

Collaboration is Key: Making Performance Reporting a Priority

Meet some of our UK customers

JYSK

Ombudsman

ALKU

Prophix Customers Who Use Board Books

The Next Generation is Here: Budgeting in the Cloud for Mid-Sized Companies

Ameriqual

Prophix Viewpoint Customer Testimonials

Prophix Customers Using SYSPRO

CFO’S GUIDE TO CRAFTING THE ULTIMATE BOARD BOOK WEBINAR

Prophix Construction Customer Testimonials

Alterman, Inc.

CAP Tulsa

CVC Credit Partners (UK)

Premise Health

Effective Cash Flow Forecasting The Critical Role in FP&A

Harnessing the Robust Data from your SYSPRO ERP into Performance Drivers

UK Central Government (UK)

Supercharge QAD by Automating Budgeting, Dashboards & Reporting

Arc'Teryx

ChanceLight

Cumberland Electric Membership Corporation

EJ USA

Feeding America

Will-Burt Company

Aptech Partnered with Prophix

Life at Prophix with Alok Ajmera

Life at Prophix with Marleigh White

Automating Budgeting and Reporting for Pharma and Bio

How to Achieve Greater Control Over Cash Flow

Automating Budgeting and Reporting for Restaurants

Automating Budgeting and Reporting for Food and Beverage

Enriched Insight in Finance: Blending Data, Boosting Performance

Global FP&A Survey Insights: Trends, Benchmarks, Opportunities

Coleman Cable

Best Practices for CFOs to Improve Visibility into Profitability

TOTO Energy

Automating Budgeting & Reporting for Food and Agriculture

SYSPRO and Prophix Introduce Partnership

Speck Pumpen (EN)

UPMC Health Plan

Why smart CFOs are embracing agile scenario planning?

ENR - Best Practices for Cash Management and Forecasting in 2021

Data Analytics in a New Economy with Viewpoint

Find Certainty and Discover New Opportunities with Scenario Planning and Forecasting

AGC Webinar - Cash Management and Forecasting in Difficult Times

Forecasting Demo

Prophix for Healthcare

Prophix for Senior Living

Prophix for Recurring Revenue Modeling

Close Faster, Plan Better: How to Have 20/20 Hindsight by 2021

How CFOs can Change the Game with Cross-Company Planning

Ask the Expert Live Chat

Level Up Your Budgeting and Planning in 2021

Close Faster and Smarter How to Get 2020 Hindsight in 2021

The Better Way to Budget, Plan and Report - Corporate Performance Management

Resource Management Strategies for the Savvy Contractor

How Can Finance Leaders Bridge the FP&A Gap

Cash and Cost - Forecasting for Viewpoint Customers Made Easy

Prophix for Professional Services & Legal

Financial Planning with Ohio Northern University – from Reactive to Proactive Action Plans

Four Factors Affecting Your Profits in 2021

Assessing Economic Impact – Adapting Finance Strategy with Insight with Prophix and Sage

How Finance Leaders Pivot from Forecasting to Scenario Planning in Unpredictable Times

The Power of the Cloud

CPM Powered by AI Is Here! Welcome to Your Virtual Financial Analyst

Artificial Intelligence in the Cloud

Virtual Financial Analyst Chart Insights, Task Assistant & Anomaly Detection

American Library Association

Superior Construction

WCF Insurance

Get off Excel

Lochmueller Group

Mastering the 3 F’s in Finance – Fast, Flexible & Forward-looking Forecasts

Katun Corporation

Raising Your Cash Flow IQ - Webinar with Viewpoint and Superior Construction

Putting People First in Uncertain Times

Budgeting and Forecasting for Sage with Nextec and Prophix

Viewpoint Webinar: How Anomaly Detection Can Reduce Risk in the Construction Industry

Budgeting and Forecasting for Sage with Nextec and Prophix

Presbyterian Senior Care Network

Using Resource Management & Forecasting to Improve Profitability for Contractors

Reacting to COVID-19 with Insight and Agility

Monitoring and Managing Cash Flow

Combatting Uncertainty with Rolling Forecasts

Considering the “What-if’s”: Proactive Scenario Planning

Professional Services Experience that Matters

Prophix Customers at a Glance

“Our Prophix solution has given our firm greater expense controls, enabled us to evaluate the impact of changes in headcount and other key variables, and helped us better understand MPP’s future revenues.”

Columbus Regional Airport Authority Presentation

Karmin Bailey from the Columbus Regional Airport Authority shows how her organization’s finance department used CPM software from Prophix to shed their reliance on Excel, automate their budgeting and reporting, and use in-depth analysis to understand the true costs of the business.

Cloud or On-Premises: Choose the Best Architecture for Performance Management

The progression toward cloud-based solutions in enterprise applications is seen in almost every software category. More vendors of business performance management (BPM or CPM, for corporate performance management) software offer a choice, and every company should compare its architecture options before locking in the final decision.

ROI Nucleus Report: ALKU

Founded in 2007, ALKU is an American specialized staffing company. Specifically, ALKU deploys consulting resources to help companies in Enterprise Resource Planning (ERP), Life Sciences, Healthcare IT, IT Security, and Government solution verticals. Headquartered in Massachusetts, USA, the company has six other national offices and generates over $200M in annual revenue.

Empowering Operational Planning at Guardian Energy

Guardian Energy, a manufacturer of ethanol, a cornbased renewable fuel, needed to create a formalized budgeting process in collaboration with their operations department. Prophix provided Guardian with a platform that automates their financial planning processes, increasing collaboration between key operations stakeholders and enabling them to provide timely input on items that impact the budget, such as unplanned maintenance, shutdown costs, and capital improvements. This has resulted in improved decision-making and budget accuracy.

Prophix + Procore = Clear Foresight into All Aspects of Your Build

Procore, a leading provider of construction management software, integrates seamlessly with Prophix, facilitating easy collaboration between the field and finance. Get an accurate and detailed overview of your data in real-time using interactive dashboards available on any device.

The Anatomy of a Prophix Cloud Migration with Alliance Pharma

Alliance Pharma, an international healthcare group, migrated to Prophix cloud to allow them to work collaboratively with a single set of data.
They have broadened the scope of their product portfolio to include medical devices and consumer products, covering a wide range of therapy areas, in addition to their legacy portfolio of niche prescription products.

Five Easy Steps to Migrate to Prophix Cloud

Prophix Cloud is our Corporate Performance Management (CPM) software distributed using a software-as-a-service model (SaaS). It allows you to access our software using the internet eliminating the need to install on individual client machines locally or application servers to maintain on-premise. Instead, the application is consumed using a feature-rich web browser that securely accesses Prophix Cloud application services. The SaaS model offers a strong value proposition to you by eliminating significant overhead costs and offering high levels of flexibility and scalability, while still delivering enterprise class functionality and security.

Dresner - Prophix Insights Research Report

Prophix is among the 13 EPM vendors for which Dresner Advisory Services collect detailed vendor ratings and position in their Enterprise Performance Management Market Models. Users rated various versions of the Prophix product including cloud deployments.

Prophix for Microsoft 365

With Prophix for Microsoft 365, you can experience the best of both worlds. With seamless integration, you can leverage the planning power of Prophix, while also having the flexibility to contribute to budgets or build complex models from the comfort of Microsoft Excel.

Construction Essentials: Financial & WIP Reporting

In response to current events, Prophix has created a turnkey solution that allows Sage 300 Construction and Real Estate customers to see and react to changes happening daily in a fully automated, web-based platform. We are calling the solution – Prophix Construction Financial Essentials.

Powering Wilson Construction with Finance Insight

Wilson Construction, one of the largest privately-held utility construction companies in the United States, wanted insight into their operational and financial performance without the delays associated with compiling reports and validating numbers manually. Prophix has allowed Wilson Construction to automate their key financial processes, allowing their finance team to develop operational KPIs, save time budgeting, and create and manage financial and operational forecast models.

451 Research Business Impact Brief

Cross-company planning with higher participation from multiple business divisions could help companies more effectively prepare for a future disruption (like the COVID-19 pandemic) by supporting more effective scenario modeling and predictive analytics – as long as their tolling strategy supports this as well.

BPM Vendor Landscape Matrix

The purpose of the BPM Partners Vendor Landscape Matrix is to provide a point-in-time snapshot of the all core players, their status in the market, and the focus of their offerings.

Nucleaus Research CPM Technology Value Matrix 2021

For this Value Matrix, Nucleus evaluated CPM vendors based on their usability and functionality, as well as the value that customers realized from each product’s capabilities (Nucleus Research s142 – Understanding the Value Matrix – September 2018). The research is intended to serve as a snapshot of the CPM technology market, help inform customers about how vendors are delivering value, and take stock of what can be expected in the future based on present investments.

A New Budgeting and Forecasting Treatment for Atnahs

With increased data volume and countless SKUs from mergers and acquisitions, Atnahs, a specialty pharmaceutical business, could no longer rely on Excel for budgeting and forecasting. With Corporate Performance Management (CPM) software from Prophix, Atnahs has automated its budgeting and forecasting processes, improving visibility into budget deviations and market trends.

FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting (UK)

The results of FSN’s “Agility in Planning, Budgeting and Forecasting (PBF)” Survey 2021 which shows where your organization is on the ‘agility dial’ and more importantly provides clear pointers to improving the performance of the PBF process.

FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting (NA)

The results of FSN’s “Agility in Planning, Budgeting and Forecasting (PBF)” Survey 2021 which shows where your organization is on the ‘agility dial’ and more importantly provides clear pointers to improving the performance of the PBF process.

Finance as a Strategic Asset

Optimize Production Capacity and Reduce Time-to-Market: Prophix for Sage Food & Beverage

Four Factors Affecting Your Profits - Resource Management Flipbook

FSN Prophix Transformation Report

How can Finance Leaders Bridge the FP&A Gap? Insights & Opportunities for Finance Transformation

Ohio Northern University

Dresner Advisory Services: Wisdom of Crowds® Enterprise Performance Management Market Study 2020

As organizations strive to make sense of the changing market conditions and work to determine how best to proceed and invest in their businesses, we hope that this report will provide guidance and offer direction as the “new normal” becomes evident.

Milo’s Tea is Steeped in Budgeting Success

Milo’s Tea, a family-owned manufacturer of 100% natural ready to drink beverages including sweet tea and lemonade, struggled to involve department managers in the budget process while relying on Excel as their primary finance tool. Prophix has allowed their finance team to budget and forecast collaboratively by involving staff early on in the process.

FSN Prophix Rolling Forecasts Report

Dime Community Bank

Dime Community Bank deployed Prophix Cloud to modernize its budgeting and financial data management capabilities. The company realized significant time savings from task automation and has reduced its reliance on manual spreadsheet-based processes. Since deployment, Dime has improved its budget accuracy and implemented variance analysis to track its actual performance against planned forecasts. The company expects to continue developing its deployment as it innovates new use cases for the software’s reporting and data analysis functionalities.

Alterman Inc.

Prophix for Vertafore

Prophix seamlessly integrates with your Vertafore solution, unifying relevant information to help you make better business decisions. Reduce risk and save time by moving away from manual, spreadsheet-based processes.

Your Virtual Financial Analyst

Prophix’s Virtual Financial Analyst leverages the power of Artificial Intelligence to take the speed and efficiency of Prophix’s Corporate Performance Management software to the next level.

Community Energy for a Sustainable Future: The Role of Finance Professionals

In the energy sector, where the matters of scale, government policies, and local organizations scope make financial, operational planning and control systems extremely complex. Traditionally, finance professionals have and continue to have critical roles to play in both compliance and management reporting.

Anomaly Detection

Anomaly Detection analyzes 100% of your data and identifies any transactions with a risk rating of “High” or “Medium.” To resolve these alerts, simply drill into the “High” and “Medium” risk transactions. If you can validate the transaction, mark it as “Good” and it is no longer flagged for your review.

If the transaction does not check out, you can initiate a task to further investigate. Anomaly Detection in the Prophix Virtual Financial Analyst redefines reporting making it easier, faster, and more thorough than ever before.

Prophix for Ellucian

By automating your budgeting, reporting, forecasting, and planning, you’ll have more time to spend on analysis and be better equipped to make well-informed, wise financial decisions.

Prophix for Sage Intacct

Revitalizing the Budgeting Process for Silver Chain

Silver Chain, an in-home health and aged care provider, faced significant delays in reporting and budgeting using Excel to manage their financial processes. With Forest Grove’s implementation support and Prophix’s product functionality, Silver Chain was able to automate budgeting, report creation and distribution.

CPM Technology Value Matrix 2020

The corporate performance management (CPM) market continues to heat up. Planning is not optional for any company, regardless of size and financial status, and the ability to adhere to a plan in the face of external forces is critical for long-term success. Most CPM vendors have not limited themselves to planning and solutions have expanded to cover areas such as the financial close, risk management, and business intelligence capabilities. The flexibility required to deliver all of these capabilities has jump-started a natural evolution towards platform offerings, enabling customers to configure their implementations with more detail than ever before.

Check Out Superior Construction’s Covid-19 Dashboard

With the current day pandemic, it’s been interesting to see how customers have put on their creative hats
to think outside the box. Superior Construction is one of those customers! Brittany Hess, the Senior Financial
Analyst at Superior, has set up a dashboard specifically for Covid-19’s impact on their employee base.

Constructing a Consolidated Budget for Superior Construction

Before implementing Prophix, Superior Construction was trying to report on data from Excel. This was an incredibly manual process that was difficult for new employees to learn. With Corporate Performance Management (CPM) software, the finance department can now review, update, and consolidate their budget data in minutes.

Changing the Finance Current for Baltimore Aircoil Company

Baltimore Aircoil Company (BAC), a leading global manufacturer of evaporative cooling, thermal storage, and heat transfer equipment, wanted a Corporate Performance Management (CPM) solution to reduce the time spent on budgeting and reporting. After implementing Prophix, BAC can easily collect data, quickly analyze results, and make strategic decisions during their budget process.

Use EPM to Help Navigate Through the COVID-19 Crisis

Enterprise performance management (EPM) systems can play a key role in helping organizations navigate through this crisis. They can identify short-term impacts and help organizations react quickly and positively as economic recovery starts.

Managing Performance in a Tough Economy

In difficult economic times, it becomes more important than ever for companies of any size to manage performance efficiently, as well as to be flexible and adaptable in a volatile environment. In order to be able to move quickly and adapt, it is critical to have software that can keep pace with changing circumstances, by allowing management to quickly envision and analyze alternate scenarios in order to plan the best course of action.

An Out-of-the-Box Approach to Finance for Koninklijke Paardekooper Group

Eager to get off spreadsheets and leverage CPM software, Paardekooper deployed Prophix in the cloud, giving them easy access to their wholesale data.

Prophix for Sagex3

Cloud & Business Continuity

Learn why leveraging the cloud to support your company’soperations is no longer optional – it’s become a top priority.

Construction Customer Brochure

It is our mission to ensure customers know how to go above and beyond with Prophix, getting
the most out of their investment. Don’t take it from us, here is what some of our construction
customers have to say!

Your Guide to Scenario Planning

In this white paper, we will examine the applications of scenario planning, best practices, and how to apply the insights to your business.

FSN Prophix Scenario Planning Report

Dresner Advisory Services: Wisdom Of Crowds® Enterprise Performance Management Market Study 2021

BARC: The Planning Survey 19

Die Anwender haben abgestimmt – und Prophix auch in der neuesten Ausgabe von BARCs „The Planning Survey“ wieder zu einem exzellenten Ergebnis verholfen.

Lesen Sie jetzt die kompletten Prophix-Ergebnisse von „The Planning Survey 19“ im Detail.

Über „The Planning Survey 19“
„The Planning Survey 19“ wurde von November 2018 bis Februar 2019 von BARC durchgeführt. Insgesamt beantworteten 1.367 Teilnehmer weltweit die Umfrage zur Auswahl und Nutzung ihrer Planungswerkzeuge. Sie umfasst die Analyse von 22 führenden Planungsprodukten und vergleicht diese anhand von 28 verschiedenen Kennzahlen wie Business Value, Kundenzufriedenheit, User Experience und Planungsfunktionalität. Weitere Informationen finden Sie unter www.bi-survey.com.

Bethel University Majors in Budgeting & Reporting

Financial Reporting for Senior Living

An Agile Approach to Senior Living Finance

BARC Research Note: Unified CPM: Increased Agility for Finance & Controlling

Strategic Budgeting and Planning: A Guide for CFOs

Transform Senior Living Finance

Choosing the Right Forecasting Platform Checklist

The Evolution of Consolidation

Your Guide to Scenario Planning for Senior Living

5 Factors Affecting Your Profits

Consolidation and Reporting

A New Finance Fit for Crazy Shirts

Advanced Management Reporting with Prophix

Your Guide to Scenario Planning for Higher Education

FP&A and the Food Chain of Finance Learning

Mission Health

L’optimisation de l’audit des comptes consolidés

Il était une fois la consolidation

Domo Investment Group

Future of AI and ML in the Finance Function

Consolidation Using Accounting Software Versus Consolidation Software

2022 CFO BENCHMARKS: Top Priorities For Finance Automation

It’s easy to see why automation is a top priority for CFOs and Finance leaders. In our latest survey, we asked how top Finance teams are prioritizing and implementing automation. Then we asked experts in automation and Finance for their recommendations.

SECO Energy

SECO Energy, one of the largest electric cooperatives in America, uses software from Prophix to budget accurately, generate automated reporting, hold their department managers accountable for their projected expenditures, and analyze their costs and revenues at a detailed level.

Moneris

Moneris, Canada’s largest provider of innovative solutions for mobile, online, and in-store payments, wanted to augment their ability to make financial decisions, allocate resources, and evaluate investment opportunities. With Prophix, Moneris’ FP&A team upgraded their cost center budgeting, fostered cross-company collaboration, and improved their forecasting accuracy.

FSN Prophix Zero Based Budgeting Report

MaxSold

MaxSold was looking for a way to “see the forest through the trees” and gain insight into the volume of data their company had amassed. Being confined to spreadsheets, they struggled with identifying valuable insights below the financial-statement level. They wanted to elevate their financial planning from basic Excel processes to sophisticated business-driver modeling, giving them one version of the truth.

Laboratory & Allied

Spending too much time on repetitive tasks and analyzing real-time data for quick decision-making were the primary challenges faced by Laboratory & Allied Limited. With Prophix, Lab & Allied improved their margins, allowing them to focus more on trend and variance analysis.

Electra Link

Electra Link needed a solution that could automate its financial processes, create detailed analytical reporting on-demand, and develop and monitor performance metrics. With Prophix, Electra Link increased the accuracy and quality of their reporting and developed a more collaborative budgeting process that involves their C-Suite.

Prophix Cloud: Mission Health Communities

Mission Health Communities (MHC) implemented Prophix Cloud to standardize and streamline operations across its finance and accounting departments. By migrating off manual and Excel-based processes onto Prophix, MHC streamlined its financial planning and analysis (FP&A) and financial close reporting activities.

A Prophix Guide

Barber National Institute

Prophix empowered the finance team at Barber to properly evaluate the profitability of new opportunities, forecast rates ahead of time, and run detailed allocations to track expenses through automation, data consolidation, and deep analysis.

Microsoft Power BI and Prophix

Drive finance insights from Prophix into Microsoft Power BI to transform your data into actionable insights that inform strategic and tactical business decisions.

Meet Budget Planning by Prophix - TOTVS and Prophix

Strategy and financial planning far beyond spreadsheets. We introduce Budget Planning by Prophix, the CPM solution made available in partnership with TOTVS, which integrates the entire corporate budget journey within organization or group. Simplify and automate financial processes, increase budget accuracy actual versus realized budget, simulate different scenarios and more. All in a simple, fast and without dealing with multiple spreadsheets to increase your company’s performance.

Encore Electric

Encore Electric, a provider of electrical construction, technology solutions, and maintenance services, wanted to standardize their budget templates and hold division leaders and management accountable for their results. With Corporate Performance Management (CPM) software from Prophix, Encore Electric automated their budget cycle and improved

2022 CFO BENCHMARKS: The Upgrade to Agile Finance

We hear a lot about digital transformation in Finance, evolving and elevating the Finance role, and shifting from a reporting mindset to a forward-looking one. But what does a transformed Finance department look like? The next upgrade for the Finance function is Agile Finance.

Jobsite Analytics

How Better Construction Data Can Protect Your Profits

This whitepaper discusses the ways good construction data, obtained through systematic collection and organization, can protect your profits.

Prophix for Non-Residential Builders

Adequately track your costs, forecast backlog & revenue, and increase your margins with Prophix.

Prophix Financial Intelligence

Take control of your data – join hundreds of contractors who have eliminated their Excel pain and modernized their Finance operations with Prophix!

2022 CFO BENCHMARKS: Accelerating Finance in the New “Normal”

The COVID-19 pandemic had a major impact on every part of the business world, and the Finance function wasn’t immune to the changes. We asked CFOs and other Finance leaders how the pandemic altered their priorities and plans. We wanted to see how they adapted when the crisis hit, and how they are mapping out a path forward.

The Future is Agile Finance: 2022 CFO Benchmarks

CFOs and other senior finance executives are planning substantial upgrades to their automated financial planning and analysis (FP&A) in 2022, partly in response to their pandemic challenges, a recent Prophix and CFO Dive survey shows.

Business Controlling Versus Consolidation

This whitepaper discusses the differences between Business Controllers and Consolidators and explains how the use of professional software can enable them to cooperate
efficiently.

Optimising the Consolidation Process: A 14-Point Checklist

What can you do to optimise your consolidation process? To find out, fill out our self-assessment questionnaire.

Spreadsheet Consolidations Versus Consolidation Software

The purpose of this article is to empower you to evaluate your current consolidation processes and make a fully informed decision on consolidations software.

Prophix for Acumatica

Both Prophix and Acumatica share a common vision for the strategic use of financial software to automate and solve complex business challenges. With Prophix, Acumatica customers will benefit from integrated financial planning, facilitating collaboration between departments for more accurate and profitable financial plans.

Prophix for Real Estate

The BARC Planning Survey 2019

With 23 top ranks and 27 leading ranks in three different peer groups, Prophix once again achieves an excellent set of results in this year’s Planning Survey. Convincing ratings in numerous important KPIs help to consolidate its position as an effective CPM vendor that delivers considerable benefits to its customers.

Integrating Financial Planning for Life Sciences

The Pharmaceutical industry involves potentially large investments in research & development (R&D) in the hopes that a drug can be commercialized.

Defining the Evolution of FP&A: Benchmarks, Challenges & Opportunities

Historically, FP&A has been viewed as a back-office function. A provider of historical data, it was often regarded as the “scorekeeper,” focused on producing routine management reports with limited forward-looking capability.

Manatt Phelps and Phillips

Manatt, Phelps & Phillips uses Prophix’s software to control their expenses, evaluate the impact of changes in headcount, and forecast revenues.

7 Effective Ways to Achieve FP&A - Data Nirvana

Many organizations struggle to evolve their financial planning & analysis (FP&A), limiting their diverse abilities to an earthly back-office function. We surveyed over 300 companies to discover how to solve common FP&A pain points and achievedata nirvana.

Better Data Analysis Gives Electric Utilities New Growth Planning Options

It takes many years and billions of dollars to plan and build a new power plant and once operating, it is expected to work for 30-50 years. Power distribution lines costs hundreds of thousands of dollars per mile and take years in planning and approvals. With costs and timelines like that – and an essential public service at stake – Utilities are looking to every bit of relevant data they can access to plan for, operate and maximize their operations.

Manufacturing Experience that Matters

Managing your supply chain can be a challenge – you need to reduce your time-to-market, deliver quality products and optimize your production processes to maximize profits. Supply and production must be in sync with demand while also taking production capacity restraints, human resource requirements, manufacturing schedules and material pricing into account.

Higher Education Experience that Matters

Constant fluctuations in operating costs and revenue streams can make f in ancial planning for higher education institutions a headache. We’vedeveloped a budgeting and planning platform that allows you to spend lesstime creating and managing financial processes and more time building innovative programs and learning experiences.

FSN Report - The Future of Planning, Budgeting and Forecasting

This survey shows that most PBF functions are still using relatively basic tools, but it also highlights the positive difference more advanced technology like visualization techniques and charting can make to forecasting outcomes.

Betsi Cadwaladr University Health Board

Betsi Cadwaladr University Health Board is the largest health organisation in Wales, providing a full range of primary, community, mental health and acute hospital services for a population of around 678,000 people across the six counties of North Wales (Anglesey, Gwynedd, Conwy, Denbighshire, Flintshire and Wrexham).

Manufacturers Use Insights from Data Analytics for a Competitive Edge

Big advances in robotics, the emergence of the industrial Internet of Things and the promise of artificial intelligence may foretell a new age for manufacturers.

Visual Analytics

Prophix Visual Analytics makes working with data easier and more intuitive. With one click access and structured visual data discovery, uncover the value in your data, delivering much-needed context to make insightful business decisions.

Collaborative Finance

Finance has historically been the ‘home of truth’ in the business. Finance was where everyone turned for answers, since the only quantitative test of performance and sustainability was the P&L and the balance sheet.

SOS International

Struggling with decentralised, manual budget processes, SOS International chose Prophix because the software centralises and automates the budgeting processes across subsidiaries and cost centers in various countries. This includes a salary model as well as a profit and loss module that collects budget data and data on actual results.

Today, SOS International optimised its budget processes, including salary budgeting, and now has total control of its financial development. Furthermore, the dialogue between finance and management is stronger, they have a deeper look into details and valid budget figures.

Breast Cancer Care

Since 1973, Breast Cancer Care has been providing care, information and support to individuals diagnosed with breast cancer. Despite their impactful work in the community, Breast Cancer Care’s Finance team continued to be limited by spreadsheets, which prevented their team from spending time on value-add activities. With Prophix, Breast Cancer Care has better access to their data, allowing them to improve their strategic decision-making.

Demystifying Machine Learning

One area of Artificial Intelligence that is the focus of attention for technology leaders is Machine Learning. I don’t think you can attend a conference, in any industry, without seeing dozens of sessions devoted to the topic.

Prophix for Sage X3

Prophix software is built to integrate easily with a variety of databases, flat files,  external data sources, or other formats including direct access to the Sage X3 system. As a SageISV Rockstar Partner, Prophix offers Sage customers a way to streamline critical financial processes using an intuitive interface, this allows users to accelerate their finance functions so more time can be focused on valuable insight into performance.

Prophix for SYSPRO

Prophix software  is built to integrate easily with a variety of databases, flat files, ext e rnal datasources, or other formats including direct access to the SYSPRO ERP system. Prophix’s dataintegration features a simple interface, which any business user can master without relyingon IT assistance.

Environmental Defense Fund

To improve the efficacy of their financial processes, Environmental Defense Fund sought out a user-friendly Corporate Performance Management (CPM) software solution. Before choosing Prophix, Environmental Defense Fund considered other Corporate Performance Management (CPM) solutions.

With Higher Education in Economic Crisis, the Winners will find Opportunity in Data

Success in this context comes from balancing profitable operation with the ability to pr ovides tudents what they need at a price they can afford. To do that, universities need a different,more detailed understanding of what they are, what they can be and what they should be.

This Business Success Metric Eats Utilization For Breakfast in Service Firms

The old saying, “culture eats strategy for breakfast,” is one of those aphorisms that makes business managers roll their eyes. After all, in professional services don’t companies succeed by executing well planned utilization strategies? Keep your professionals fully utilized with billable work and you will make money.

FP&A Empowerment: Benchmarks, Challenges & Opportunities

Historically, FP&A has been viewed as a back-office function. A provider of historical data, it was often regarded as the “scorekeeper,” focused on producing routine management reports with limited forward-looking capability.

A Clearer View of the Horizon: Visualising the financial future

One of the most shocking statistics from FSN’s survey was that just 40% of respondents said their forecasts are ‘insightful’. Those companies that produced the most insightful forecasts tended to make better use of technology to analyse and present data. What sort of technology? FSN’s report focused on the move away from spreadsheets as the general-purpose tool of numerical analysis, and towards specialist tools that offer more powerful manipulation and presentation.

SI Group

SI Group, one of the world’s largest chemical manufacturers, used software from Prophix to build an impressive rolling forecast, generate reports that distribute automatically, and build advanced revenue planning for all of their market segments.

Imerco

With more than 150 departments, Imerco had a strong need to get a secure CPM solution to control the budget process and with Prophix Software, Imerco has shorten their budget cycle and can easily distribute reports.

Financial Foresight

How modern finance practitioners can see the future

Organizations need to see what’s coming ahead of time and prepare appropriately, adapting recruitment, procurement and infrastructure investment.  The only way to do this is to enhance the core foresight processes. Bring more and better data into models with this white paper.

Jel Sert

One of the key benefits of Prophix is the ability to do really improved analysis without relying on Excel spreadsheets, which can be laden with errors, especially if you only use them infrequently. And we do a lot of analysis around here, especially on the sales side.

Millennials & Modern Finance

For a business to survive in today’s era of rapidly evolving digital technology, they must have more robust decision capability. The primary reasons for this are related to the speed at which business is conducted now and will be in the future. Vast volumes of data to process, and the increasingly huge pressure for results means that data-driven decisions need to be made more quickly.

8 Ways to Leverage Workforce Planning to Increase Profits

Companies of all sizes are learning how to leverage data to boost their bottom line and stay one step ahead of fluctuating business conditions.
With so much focus on data-driven decision making though, it seems that many business managers have forgotten that their workforce is what
drives their enterprise forward.

Creating Value with CPM

The world of management accountants is dramatically different today than in decades past. Because we live in volatile times where change and associated risk are constant, the potential impact of which can have material effect on long-term goals, there is little time for lengthy deliberation or guessing.

Saving Time on Analysis at Affolter

After implementing Prophix in the Cloud, Affolter can easily analyze multiple data dimensions, giving them greater visibility into the health of their business.

Prophix Cloud – Technical Factsheet

The Prophix Cloud is a Microsoft .NET web application based on ASP.NET MVC using RESTful APIs, and Microsoft SQL Server, with a browser-based user interface.

Aeglea BioTherapeutics

Aeglea BioTherapeutics used a cloud implementation of software from Prophix to automate their core business processes, to constantly analyze their performance, and to influence the direction of the organization’s project plans.

Budgeting without Spreadsheets

This ‘Action Paper’ is for financial professionals – in any industry – who need to reduce the time and effort involved in creating annual budgets.

Snyder’s-Lance

Snyder’s-Lance, Inc., a leading manufacturer & distributor of snack food products, was using three different Corporate Performance Management (CPM) solutions to complete separate tasks with different hierarchies and account structures. With Prophix, Snyder’s-Lance simplified their reporting & planning systems into one, adding consistency to their processes.

Entertainment One

Entertainment One (eOne) uses software from Prophix to automate their financial and operational reporting, to model the performance of the company’s enormous collection of media titles, and to conduct profitability analysis that influences executive decision making.

Syspro

Based in South Africa, SYSPRO is one of the largest global distributors of Enterprise Resource Planning (ERP) software. Each month, SYSPRO’s management accounts were being prepared in Excel, creating an increased risk of erroneous data.

Inter Cars

Inter Cars is one of the largest importers and distributors of automotive spare parts in Central and Eastern Europe. Their manual allocation and consolidation processes were time-consuming and complex. With Prophix, Inter Cars’ financial processes became more accurate and efficient.

The Prophix Pulse on Budgeting

The Prophix Survey is a general survey, intended to take the pulse of the finance executive community across North America, with questions on current accounting processes, software and future plans.

Accelerating Performance Through Better Forecasting

FORECASTING TODAY is much more than reviewing what was spent last year and making adjustments. Forecasting involves developing a thorough understanding of sales trends, personnel needs, revenue projections and other operational issues.

Future of Finance: Today's Reality (2017)

What does the future finance function look like? To answer that, we’ve gathered evidence
from major analyst firms, key influencers in the finance domain and professionals from
across the industry.

RACER Trust

Revitalizing Auto Communities Environmental Response Trust (RACER Trust) was formed to clean up and position for redevelopment the facilities formerly owned by General Motors Corp. before their 2009 bankruptcy.

Collaborative Finance (North American Version)

The recent Financial Service Network (FSN) survey on Planning, Budgeting and Forecasting (PBF) highlighted two key characteristics of those organizations that produced the most insightful forecasts.