Aug 13 2007
Financial Consolidation Software
Financial consolidation is of utmost importance to all businesses. Using a good financial consolidation software helps in shortening statutory reporting processes and consolidate even the most complex corporate hierarchies.
Prophix Consolidation enables multiple roll-up requirements, flexible real-time consolidation analysis, secure consolidation approval process and consolidated management & financial reporting.
Some of the key benefits of Prophix Consolidation are the ability to strengthen confidence in financial results and report, streamline inter-company eliminations, quick to adapt to dynamic and complex business conditions and support for industry standards just to name a few.
Don’t let first impresion deceive you. we have experiment severe problems when Prophix screw all historical data up, it was terrible and Techical support don’t recognize that the product would have such mistake, if you can avoid it, just do it.
If not my best advice is back up as often as you can and pray for not consecuences.