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Case Study: More accurate data in less time for SoundOff Signal

SoundOff Signal Case StudySourced & dated by Case Study Desk
Key facts · TL;DR
Company
SoundOff Signal
Industry
Manufacturing
Challenge
Budgeting circulated spreadsheets through 20 cost centers into one master workbook.
Headline result
SoundOff Signal improved expense budget accuracy by 32%

Key results

32%
More accurate expense budgets
16.7%
Better income forecasting accuracy
$14,000+
Annual savings on month-end processes

The challenge

SoundOff Signal relied heavily on Excel spreadsheets for everything from personnel planning to monthly reporting, circulating spreadsheets through 20 individual cost centers and combining them into a master workbook.

The solution

SoundOff Signal automated data collection and calculations for KPI monitoring and departmental budgets using a Prophix workflow that staff already knew how to use.

We wanted to streamline the process with a Prophix workflow they already knew how to use. Now, Prophix is doing the work for us. Just there alone, the time savings have been substantial.

SD
Sabrina DeYoung
Senior Compliance Accountant, SoundOff Signal

The results, in context

SoundOff Signal increased the accuracy of expense budgets by 32% and improved income forecasting accuracy by 16.7%. Time savings on month-end processes produced annual savings of more than $14,000.

Products used

Prophix Prophix One