Case Study: Boulay achieves improved forecasting accuracy and agile financial planning with Prophix Software

Boulay - Customer Case Study

Boulay, an independent accounting firm with 300 employees across Minnesota and Florida, faced challenges scaling static budgets amid rapid growth. Their finance team relied on manual Excel data entry from Deltek, which was time-consuming and error-prone, limiting agility and visibility into cash flow, staffing and future projects — making it hard to create multiple budget versions and reliable forecasts.

By deploying Prophix FP&A integrated with Deltek Maconomy, Boulay automated budgeting, reporting and forecasting, implemented a three-year rolling forecast and streamlined variance analysis and cash‑flow projection. Results include a 20.9% improvement in net income forecast accuracy, contribution margin and net revenue within 1% of budget, a 15% gain in operating‑income variance accuracy, a 25% reduction in budget-preparation time, and tighter salary/benefit forecasts (benefit variance down from 8% to 5%), giving leadership greater confidence for strategic decisions.

Boulay

Kris Braaten

Senior Business Intelligence Manager