Financial Consolidation 5 tips to a faster, simpler close

Prophix
October 14, 2015
1 min read

Whether you are a large, publicly-traded multinational with sophisticated reporting requirements or you are a mid-sized company that owns several legal entities in different locations, financial consolidation is essential for creating accurate financial statements. By reducing consolidation complexity and automating the tactical consolidation processes you can move beyond simply managing the financial consolidation process to understand your competitive standing and global business performance.

Here are a few tips to consider when choosing a financial consolidation solution.

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Prophix

Your business is evolving. And the way you plan and report on your business should evolve too. Prophix helps mid-market companies achieve their goals more successfully with innovative, cloud-based Corporate Performance Management (CPM) software. With Prophix, finance leaders improve profitability and minimize risk by automating budgeting, forecasting and reporting and puts the focus back on what matters most – uncovering business opportunities. Prophix supports your future with AI innovation that flexes to meet your strategic realities, today and tomorrow. Over 1,500 global companies rely on Prophix to transform the way they work.

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