The expansion of our partnership with Prophix significantly enhances our offering of financial management, consolidation and ESG reporting solutions across all our regions
- 14/03/2024
Scaling Together: Arribatec and Prophix Extend Partnership to Global Markets
Arribatec, a global leader in integrated ERP solutions, is delighted to announce the expansion of its strategic partnership with Prophix, a leading innovator in financial performance management. Originating in APAC, this partnership now extends globally, providing enriched financial capabilities to Arribatec clients worldwide.
This extended collaboration equips Arribatec’s global clientele with access to the Prophix Financial Performance Platform and its next-generation finance capabilities. Alongside advanced functionalities like data consolidation, forecasting, scenario planning, and variance analysis, it encompasses specialised tools for financial consolidation and robust ESG (Environmental, Social, and Governance) reporting. Seamlessly integrated with ERP and CRM systems, these features offer businesses a comprehensive financial overview while enabling them to meet evolving sustainability reporting obligations.
Tom Vandezande, EVP of Business Services at Arribatec, emphasises the importance of this expanded partnership: “The expansion of our partnership with Prophix significantly enhances our offering of financial management, consolidation and ESG reporting solutions across all our regions. It also marks a further milestone for Arribatec in showing our dedication to offering end-to-end solutions that add value to businesses globally.”
“We are very pleased to expand Arribatec’s participation in the Prophix Global Partner Network into a global partnership,” said James Hanson, VP of Strategic Alliances at Prophix. “Our experience to date has shown that Arribatec has a deep understanding of the unique challenges faced within global finance departments. Access to the Prophix Financial Performance Platform will enable finance leaders to take advantage of next-generation finance – controlling outcomes with accuracy and precision, streamlining end-to-end financial processes and data, and driving financial and individual performance.”
This collaboration underscores Arribatec’s dedication to providing businesses with enhanced financial performance, streamlined processes, and improved planning and forecasting capabilities while ensuring compliance with evolving ESG reporting standards.
Stay tuned for further updates as we continue to enrich our offerings and empower businesses globally.
About Prophix
Ambitious finance leaders use Prophix to drive progress. By improving the speed and accuracy of decision-making, Prophix’s Financial Performance Platform elevates the talents of finance teams to do their best work. Crush complexity, reduce uncertainty, and illuminate insights with access to best-in-class AI insights and planning, budgeting, forecasting, reporting, and consolidation functionalities. Prophix is a private company, backed by Hg Capital, a leading investor in software and services businesses. More than 2,500 active customers across the globe rely on Prophix to achieve organizational success. Additional information at www.prophix.com.
About Arribatec:
Arribatec is a software and consulting company headquartered in Oslo, Norway, with several companies in 17 offices worldwide. Arribatec delivers digital solutions, services, consulting & infrastructure to companies and institutions where human capital makes up the most business. Their global team includes 400+ of the best software engineers, developers, project managers and consultants in the business, which has made them one of the fastest-growing IT providers in the Nordics, ranked on Deloitte’s Fast 50 list, and listed on the Oslo Stock Exchange.
