Prophix Software
142 Case Studies
A Prophix Software Case Study
Docler Holding, a Luxembourg‑based multinational IT and media group, had outsourced its financial consolidations as it scaled, which left the finance team without ownership of the data and performance. As the business grew, consolidations became more complex—close processes once took up to a year, audits were difficult and expensive, and the finance team faced heavy internal pressure.
In 2017 Docler implemented Prophix for consolidations, management reporting and automated intercompany reconciliation, using it as a single source of truth for more than 10,000 intragroup transactions per quarter. The result: they moved from annual to quarterly (and now pursue monthly) closes, run semestrial LuxGaap and monthly IFRS sub‑consolidations in Prophix, automate annual account publication, produce auditor-ready personalized reports, reduce audit time and cost, and give finance full autonomy to create reports without external consultants.