Case Study: Bethel University achieves 50% faster budgeting and real-time financial visibility with Prophix Software

Bethel University Majors in Budgeting and Reporting

Bethel University, a Minnesota-based Christian institution facing declining enrollment and tighter finances, relied on Excel for budgeting and reporting and struggled with poor data visibility, accuracy and slow, manual processes. Pivot-table-driven reports were time-consuming and sporadic, limiting department involvement and delaying insight for strategic decisions during the annual budget cycle.

After evaluating nine platforms, Bethel implemented Prophix for its rapid time-to-value and short implementation. Automating budgeting and reporting let department heads contribute directly, halved the Finance team’s budget-season workload (from about 90 hours/week), enabled rolling fund management and quick identification of inactive funds, and produced automated monthly fund and board reports — improving transparency, accountability and confidence in strategic decisions.

Bethel University