Next-gen finance is here: highlights from Prophix Live! ‘24

Earlier this month, we hosted Prophix Live! ‘24 in Phoenix, Arizona, which marked the comeback of our in-person conference . ?

In addition to incredible networking among finance leaders and presentations on what the next generation of finance looks like, we also made a game-changing announcement for finance and accounting teams around the globe: Prophix One, a Financial Performance Platform, is here! ?

As businesses are tasked to do more with less, it’s compounded with demand for greater accuracy, and the desire to spend more time on analysis and less on the mundane. This is coupled with the exponential growth of data.??

And adding to that complexity, an Activant Research survey says that, on average, finance teams juggle 20+ software vendors. ?

There is no better time than now to simplify and transform the Office of the CFO – and Prophix Live! was all about the how. ?

This month, we're sharing the latest and greatest highlights from Prophix Live!, including a recap of the?newly launched Prophix One.?Read on for more!?

In case you missed it, here are some key takeaways from Prophix Live! ‘24: ?

• CFOs are the Chief Future Officers: Organizations are used to finance commanding the way forward, but the future is collaborating with other leaders across the organization to determine the path ahead.?
• Anticipate what’s next to succeed as a leader and an organization: The best catalyst for change? The finance leaders in the room. The best consultants? The leaders in your organization. You can change your world, your business, and your communities for the next generation of finance.?
• Generative AI is here to stay: Now is the time for finance to lead the organization through the use of generative AI. Ask yourself: How do we get past the hype of AI and incorporate it into our business strategy? ?

?Read the full Prophix Live! recap. What are your key takeaways? ?

The all-new Prophix One Financial Performance Platform is here! ?

A key theme at Prophix Live! ‘24 was on?eliminating disparate systems, fragmented data, and disjointed processes so that finance and accounting teams can focus on meaningful work. ?

Prophix One will simplify and transform the Office of the CFO by bringing all your key finance processes into one experience, one point of entry, and one version of the truth – all on one platform. ?

Ready to learn more? Read all about Prophix One .?

Behind the scenes of Prophix One?

What goes into creating a Financial Performance Platform to meet the exponential growth and needs of finance teams? Teams are vying for a unified view of their data across the business. But disjointed systems make meeting that objective particularly hard. ?

We heard you loud and clear! Check out the behind the scenes of what went into building Prophix One .?

See what people are saying about Prophix One

During our time at Prophix Live!, we asked attendees what they thought of Prophix One. We heard feedback like keeps everything integrated, understanding the possibilities for my team, having everything in one place, and consolidating a lot of information – to name a few! Our customers are excited and so are we. See what people are saying about Prophix One !

Did you hear? Account Reconciliation is coming to Prophix One!

The news is true! Account Reconciliation is coming to Prophix One this year. Account Reconciliation will accelerate your financial close with smarter, faster processes so you can make data-informed decisions. This new application will change the game for the Office of the CFO.??

Watch this video on Prophix One Account Reconciliation !?

Want to dive deeper into Account Reconciliation and what it means for you and your team? Here’s out latest blog post on the new application.??

Are you ready to bring the next generation of finance into your organization??Register for the webinar!

Next-gen finance is here. Learn more about how Prophix One will bring your processes and data together, simplify collaboration, and streamline integration with increased precision, agility, and performance. Register for the upcoming webinar on April 24 and see the platform in action.??

Ready for more next-gen finance content? Check out the Prophix blog for more resources.?

What do you think of Prophix One, a Financial Performance Platform? Comment below, share this newsletter with a friend, and subscribe to #BeyondTheNumbers for the latest finance insights and innovation.??