Five Ways to Better Control Your Accounting Processes
Not all automated accounting solutions are created equal. To achieve greater efficiency and stronger results, choose an accounting solution that is core-agnostic and offers these five essential benefits.
More Integration and Automation
Hallmark
Core applications – general ledger, accounts payable, fixed assets and procurement – operate from a single database and are seamlessly integrated
Advantage
Drives productivity improvements, automates workflows and streamlines processes
Banks often complain that ‘we don’t know what we don’t know,’ but the workflow tool in Prologue™ Financials helps us tighten up the control around invoices.
– Lesa Vanotti, President and CEO, Torrington Savings Bank
Real-Time Functionality
Hallmark
The ability to process and post transactions in real time and immediately run updated financial reports
Advantage
Enables a faster period close
The real-time functionality of Prologue Financials enabled us to close our books later and turn around full financial reports in less than a week.
– Sharon Campuzano, Vice President, Assistant Controller, BNB Bank
Comprehensive Reporting
Hallmark
Standard reports support complex querying capabilities and offer many different reporting options; user-defined financial reports pull data from all core tools and allow drill-down to the detail level
Advantage
Provides more added-value strategic analysis of reports – profitability by branch, for example
It was the power of Prologue reporting that interested us.
– Maureen McGrew, former Director of Accounting and Finance, United Federal Credit Union
Greater Transparency
Hallmark
Convenient drill-down into a single database for research and retrieval of fixed assets, accounts payable, procurement or other financial record variances
Advantage
Frees up time to perform more value-added “what if” scenarios
Before Prologue Financials, we were spending more time working with the data than utilizing it to make vital business decisions.
– Lance P. Burke, SVP, Controller, BNB Bank
Consolidation and Growth
Hallmark
Ability to set up different entity (company) templates and reporting structures that seamlessly roll-up to user-defined consolidated reporting
Advantage
Eliminates errors from manual key entry, double reporting of assets and other time-consuming redundancies
No one worries about a new acquisition anymore – our capability is just assumed.
– Kevin Wolfe, Senior Vice President and Assistant Controller, New York Community Bancorp
Have a question for us?
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