Case Study: Galapagos achieves faster monthly financial closes and audit-ready consolidations with Prophix Software's Financial Consolidation

Galapagos - Customer Case Study

Galapagos, founded in 1999 and based in Mechelen, Belgium, is a biopharma company focused on transforming patient outcomes through science and innovation. After a period of growth the finance team needed to move from six-month to monthly consolidations and achieve a faster, scalable close with better reporting and traceability.

Galapagos implemented Prophix Financial Consolidation for its complete consolidation and reporting functionality, audit features, stability and ease of use, becoming operational quickly. The solution shortened closing times, handled currency and translation adjustments, guaranteed audit quality and full information traceability, and improved the overall quality of financial information.

Galapagos

Chris Pollie

Senior Finance Director