Combining companies or managing branches across numerous locations can be a logistical nightmare. With multiple legal entities, intercompany eliminations, various regulatory reporting requirements, mergers and acquisitions, foreign currency translations, expense allocations, and more, it seems impossible to get a comprehensive view of your entire company.
Prophix’s financial consolidation and close tools eliminate manual processes and automate recurring ones, so you’re operating as efficiently as possible. You’ll cut down on the amount of time wasted gathering data and increase the time you spend on data analysis.
How Can Cloud Fincial Close Software Help Me?
Connect Your Sources
Are you tired of navigating multiple ERP systems or sifting through historical data to find answers? With Prophix, you’re able to automate the consolidation of data from any number of source systems, connecting all the pieces of information for a streamlined financial process.
Unify Your Business
Whether you’re separated by states or by continents, it’s a challenge to manage a business that’s spread out. With Prophix, distance or siloed information won’t hold you back. You can gather data from anywhere in the world or from separate ERP solutions and use that data to ensure you are seeing the consolidated results of every branch of your business.
When building budgets in the past, you’ve probably found it difficult to coordinate between different departments and navigate competing interests. Now, employees can easily enter data how and when they want, increasing their buy-in for the budgeting process.
Analyze with Greater Insight
Using data from multiple sources, you’ll create more accurate forecasts with precise consolidated data. Prophix allows you to apply different currencies to your analysis and set ownership percentages for a comprehensive understanding of your operations.
Inform Your Decisions
When you’re spending hours simply gathering data from numerous sources, you don’t have much time to adequately apply your data insights to your decisions. And, when data is manually gathered, you can’t even be sure your conclusions are accurate. Using Prophix ensures that the data you rely on is accurate since it’s linked directly to the source data.
Prophix Financial Consolidation and Close solutions are the easiest decision you’ll ever make.
Maximize what your financial firm is capable of with Prophix.
Cloud Migration Made Simple
The easier your move to the cloud is, the more quickly you can get right back to work. With Smart Solutions, we put you in the best position possible to operate with an accounting service that makes financial management a simpler process than it ever was before, with access to real time accounting data and relevant information concerning your internal process and clients’ information. At Smart Solutions, we make sure that our technology offerings actively work to make your life easier. Our fully-integrated solutions are proven to maximize productivity, optimize performance accuracy, and keep your data secure from various cyberthreats.
Effective Collaboration Leads to Efficient Execution
Making better decisions more quickly is what every company wants. In business, you can’t afford to rest on your laurels—you need a solution, quickly. Smart Solutions can help you stay “forever modern,” putting you in a unique position to always grow, regardless of industry factors that might have derailed you when you worked with outdated software. Never settle for a solution that’s not quite right for what you want to achieve. Boost performance, increase efficiency, and make your business run better, with Prophix.