Case Study: Southwire achieves standardized budgeting and automated reporting with Prophix Software

Wired for Financial Success at Southwire

Southwire, a leading North American manufacturer of wire and cable, faced error-prone, inflexible Excel-based planning and budgeting that couldn’t handle structural or last‑minute changes. The lack of a single data repository and reliance on IT for report changes (sometimes delayed by six months) hindered accurate consolidated totals and timely decision-making.

By implementing Prophix’s CPM platform, Southwire established a unified data model and self-service tools for Finance, enabling standard budgeting and forecasting plus a production-tracking model tied to timeclock data. Automated reporting, journal entry generation and improved analytics let plant managers monitor output and labor efficiency, while the Planning & Analysis group achieved peak efficiency despite a 75% headcount reduction.

Southwire