Prophix customer case study: Brookfield Utilities UK

Brookfield Utilities UK
Unlike many of our customers who have transitioned from relying on Excel, the members of the finance department at Brookfield Utilities UK (BUUK) were no strangers to Corporate Performance Management (CPM) software. After using Oracle’s Hyperion for years, BUUK switched vendors and leveraged an implementation with Prophix to streamline their budgeting process and begin modeling the unique costs that they face as a utilities provider. The company oversaw this project during a large-scale business structure change as well as a new general ledger implementation.

Some of BUUK’s notable achievements include:

  • Replacement of Hyperion with a single, unified solution
  • Advancement of BUUK’s budgeting and forecasting with future opportunities to enhance their reporting and analysis
  • Automated connection to the organization’s Microsoft Dynamics AX general ledger software
  • Ability to easily build up and analyze their budgets at the detailed level, tracking a range of important metrics

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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.