Prophix is being used to consolidate financial and human resource information across our family of agencies. We import actual financials from our ERP on a daily basis and manually enter forecast data on a quarterly basis. Using template studio we build reports that are used to complete the board package quarterly. We also track employee headcount, salary, utilization, and work distribution in Prophix. Currently, our finance and client services departments are the only departments using the tool.
The biggest problem that Prophix addressed for our company was the consolidation and reporting of financials across our network. Before Prophix we used excel to do all of our consolidation. Prophix has made the consolidation process much more efficient and more effective.