Prophix ROI case study: Dime Community Bank

Dime Community Bank deployed Prophix Cloud to modernize its budgeting and financial data management capabilities. The company realized significant time savings from task automation and has reduced its reliance on manual spreadsheet-based processes. Since deployment, Dime has improved its budget accuracy and implemented variance analysis to track its actual performance against planned forecasts. The company expects to continue developing its deployment as it innovates new use cases for the software’s reporting and data analysis functionalities.