BPM Partners talks next-gen financial performance management with Prophix One
Are you harnessing the full potential of your finance and accounting teams? Look no further - the only platform you’ll ever need is here.
This month, we announced the launch of Prophix One, a Financial Performance Platform for the next generation of finance. Our groundbreaking platform is already generating buzz and gaining support from notable industry experts like BPM Partners.
BPM Partners’ perspective on Prophix One
In an in-depth blog post, BPM Partners evaluates Prophix’s innovative approach to a single, unified solution for all your performance management needs with Prophix One.
They assert that Prophix One isn’t just another tool; it represents the next generation of finance – a platform with “a centralized starting point and single sign on for all solutions, centralized user management and authentication, seamless data integration and sharing across the platform, and a consistent user experience.”
And this is only the first iteration of the platform, with more enhancements like account reconciliation, close management, and integrated business planning on the way.
Highlights of Prophix One
BPM Partners highlights several benefits of Prophix One, including:
- Unified platform: Prophix One is a single unified all-in-one performance management solution.
- Diverse solutions: Prophix One offers solutions for financial planning, budgeting, financial consolidation with intercompany management, disclosure management (utilizing IRIS CARBON), and reporting and analytics.
- Scalability: Prophix One will grow to include account reconciliation, close management, and integrated business planning, allowing for a more scalable solution.
- Consistent user experience: Right out of the gate, Prophix One impresses with centralized management, a single sign-on for all solutions, and consistent user experiences.
- Expert endorsement: BPM Partners acknowledges the potential that Prophix One offers to finance leaders, and is eager to see its full impact in practical application.
The conversation around Prophix One is just getting started, and it's clear that the roots of innovation are set to grow deep. Finance leaders – it’s not too late to position your teams at the forefront of the next generation.
Get all the details on Prophix One
Ready to transform your approach to financial performance management? Catch this on-demand webinar to get an inside look at what you can do with Prophix One, including connecting processes and data, simplifying collaboration, and streamlining your integrations with precision, agility, and increased performance. Or read BPM Partners' thorough analysis on Prophix One and see exactly why this platform is more than a solution—it's a paradigm shift.