Five Ways to Better Control Your Accounting Processes
Not all automated accounting solutions are created equal. To achieve greater efficiency and stronger results, choose an accounting solution that is core-agnostic and offers these five essential benefits.
听听More Integration and Automation
Hallmark
Core applications 鈥 general ledger, accounts payable, fixed assets and procurement 鈥 operate from a single database and are seamlessly integrated
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Advantage
Drives productivity improvements, automates workflows and streamlines processes
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Banks often complain that 鈥榳e don鈥檛 know what we don鈥檛 know,鈥 but the workflow tool in Prologue鈩 Financials helps us tighten up the control around invoices.
鈥撎齃esa Vanotti, President and CEO, Torrington Savings Bank
听听Real-Time Functionality
Hallmark
The ability to process and post transactions in real time and immediately run updated financial reports
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Advantage
Enables a faster period close听
The real-time functionality of Prologue Financials enabled us to close our books听later and turn around full financial reports in less than a week.
鈥撎齋haron Campuzano, Vice President, Assistant Controller, BNB Bank
听听Comprehensive Reporting
Hallmark
Standard reports support complex querying capabilities and offer many different reporting options; user-defined financial reports pull data from all听core tools and allow drill-down听to the detail level
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Advantage
Provides more added-value strategic analysis of reports 鈥 profitability by branch, for example
It was the power of Prologue reporting that interested us.
鈥撎齅aureen McGrew, former Director of Accounting and Finance, United Federal Credit Union
听听Greater Transparency
Hallmark
Convenient drill-down into a single database for research and retrieval of fixed assets, accounts payable, procurement or other financial record variances
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Advantage
Frees up time to perform more value-added 鈥渨hat if鈥 scenarios
Before Prologue Financials, we were spending more time working with the data than utilizing it to make vital business decisions.
鈥撎齃ance P. Burke, SVP, Controller, BNB Bank
听听Consolidation and Growth
Hallmark
Ability to set up different entity (company) templates and reporting structures听that seamlessly roll-up to user-defined consolidated reporting
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Advantage
Eliminates errors from manual key entry, double reporting of assets and other time-consuming redundancies
No one worries about a new acquisition anymore 鈥 our capability is just assumed.
鈥撎齂evin Wolfe, Senior Vice President and Assistant Controller, New York Community Bancorp
Have a question for us?
If you want to know more about听Prologue鈩 Financials听or just want to talk about your business requirements, fill out the form and we'll be in touch as soon as possible.