Case Study: TMG Health achieves automated budgeting and real-time reporting with Prophix Software

TMG Health’s Finance Function Thrives

TMG Health, a national provider of solutions for government-sponsored health plans, faced growing difficulties managing budgeting and consolidation using spreadsheets. Their Office of Finance struggled to collect and combine departmental templates, make timely revisions, and meet reporting deadlines due to error-prone, manual processes.

By implementing Prophix’s CPM software integrated with Microsoft Dynamics GP, TMG Health automated core financial processes and gained real-time access to revenue and expenses. The finance team reduced the labor needed to complete budgets, expanded into balance sheets, cash flow, personnel planning, reporting and forecasting, and now use ad-hoc analysis and budget-vs-actual comparisons to monitor performance and speed decision-making.

TMG Health