Case Study: Silafrica achieves 67% faster month-end close and $1M inventory reconciliation with Prophix Software

Stretching to new financial heights at Silafrica

Silafrica Packaging, a leading plastics manufacturer and supplier across East Africa serving customers like Coca‑Cola, PepsiCo, Unilever, Nestlé and Diageo, struggled with slow, error‑prone finance processes. Inaccurate reports, difficult reconciliations between HQ and subsidiaries, and unclear ownership of finance tasks delayed decision‑making and increased financial risk.

Working with Magnatec Solutions, Silafrica deployed Prophix One (FP&A) integrated with SYSPRO to automate processes and create a single source of truth with dashboards, intercompany reconciliation and on‑demand reporting. The rollout resolved $1M in inventory discrepancies, cut month‑end close from 15 to 5 days (67% faster), improved operating cost forecast accuracy by 15%, boosted audit efficiency 8x, and enabled faster, more accurate decision‑making and compliance.

Silafrica

Eric Kathurima

Head of Financial Planning & Analysis