Case Study: Gulf Agency Company achieves streamlined financial consolidation and eliminates 30 Excel spreadsheets with Prophix Software

A Finance Voyage for Gulf Agency Company

Gulf Agency Company (GAC), an international shipping, logistics and marine services firm with more than 9,000 employees across 300+ offices and over $1 billion in annual revenue, was struggling to complete monthly European financial consolidations using Microsoft Excel. Controllers had to create multiple manual links to validate P&L accounts, and growing process complexity increased risk, slowed reporting and limited the finance team’s ability to support strategic decision‑making.

GAC implemented Prophix CPM (through partner Biyond) to centralize finance data and automate consolidation, budgeting, forecasting and reporting. The move eliminated about 30 unnecessary Excel spreadsheets, delivered significant time savings and improved accuracy, enabled multi‑year forecasting and deeper analysis, and gave leadership a single version of financial truth—boosting confidence in the numbers and allowing finance to contribute more strategically to the business.

Gulf Agency Company