From the Field: FP&A Tools Driving Operational Efficiency and Strategic Agility (Part 2)
In the first part of our series, we explored how companies like Montreal Mini-Storage and Pandora Media upgraded their financial planning effectively with tools like Anaplan. These stories showcase the need for automation, real-time data access, and connected planning across departments.
We continue to explore modern FP&A platforms and their real-world impact. From multi-location retail operations to global energy enterprises, finance teams are using tools like Cube Software and Prophix to drive faster reporting, reduce manual effort, and scale with confidence. These case studies provide an insight into how the right technology can empower finance teams to deliver high-impact insights, eliminate bottlenecks, and support enterprise-wide decision-making..
Let’s see how Edge Fitness Clubs and Fluxys leveraged FP&A technology to modernize their financial operations and unlock measurable business value.
Cube Software: Improving Reporting Efficiency in Multi-Location Businesses
Cube is an FP&A platform designed for finance teams who want to stay in the tools they use often—Excel and Google Sheets—while automating data consolidation, scenario planning, and reporting. It enables faster, more agile decision-making without requiring a complete shift away from spreadsheets.
Key features of Cube include:
Cube is ideal for mid-sized, multi-location businesses that need visibility across departments and faster, more reliable FP&A processes—especially when resources are lean.
Pricing for Cube generally starts at $30,000 per year, scaling based on company size, user count, and integrations.
Key competitors include:
A Smarter Way to Scale Finance: Edge Fitness Clubs
Edge Fitness Clubs, a fast-growing high-value fitness chain, used Cube to streamline financial operations, significantly improve reporting, and empower a lean FP&A team to deliver strategic insights.
The Challenge: Excel Overload and Manual Bottlenecks
Edge Fitness Clubs relied heavily on Excel to manage planning, forecasting, and performance reporting across dozens of locations. With just a 2.5-person FP&A team, they struggled to maintain data accuracy and efficiency, especially during busy periods like annual budgeting.
Challenges included:
This legacy system prevented the team from focusing on high-impact analysis, forcing them to spend too much time on data management and reconciliation.
The Solution: Cube for Streamlined FP&A
Edge Fitness Clubs found a good fit in Cube—a platform that retained the strengths of Excel while adding automation, control, and visibility.
With a new CFO ready to modernize finance, they adopted Cube to:
Key functionality leveraged:
Quantifiable Business Impact:
Strategic ROI:
Financial Agility Without Ditching Excel
Edge Fitness Clubs’ adoption of Cube shows how small FP&A teams can punch above their weight with the right tools. By keeping Excel at the core while layering in automation, integration, and control, Cube helped Edge unlock new efficiencies, sharpen strategic insights, and support ongoing growth—without adding operational complexity.
Key Outcomes:
Cube enabled Edge Fitness to modernize its finance function and scale without sacrificing accuracy, flexibility, or speed.
Prophix: Automating Budgeting and Financial Close Processes
Prophix is a Corporate Performance Management (CPM) platform that specializes in budgeting, forecasting, reporting, and financial consolidation. It helps finance teams to automate routine processes, gain full transparency over financial data, and support strategic decision-making across global entities.
Key features of Prophix include:
Prophix is ideal for mid-to-large enterprises with complex consolidations, multi-entity structures, or regulatory compliance needs, especially in industries like energy, utilities, and manufacturing.
Pricing for Prophix typically starts around $50,000 annually, with larger implementations scaling based on the number of entities, users, and feature depth.
Key competitors include:
A Steady Supply of Data: How Fluxys Powers Complex Consolidation with Prophix
Fluxys, a Belgium-based energy infrastructure company operating in natural gas transmission, storage, and LNG terminals, leveraged Prophix to transform its complex financial consolidations and gain greater autonomy in reporting.
The Challenge: Complex Consolidations Across a Global Energy Group
With over 1,300 employees and operations spanning 12,000 kilometers of pipeline and global LNG terminals, Fluxys needed a consolidation platform that could:
Their ERP system, SAP, did not meet their specific, dynamic, autonomous needs for group-wide financial consolidation and reporting.
The Solution: Prophix for Scalable, Self-Managed Group Reporting
After evaluating several software vendors, Fluxys chose Prophix in 2013 for its:
Using Prophix, the Fluxys consolidation team was able to run high-quality consolidations independently, with faster execution and greater transparency.
Key functionality leveraged:
Quantifiable Business Impact:
Strategic ROI:
Product Demo Video:
Automation and Transparency at Scale
Fluxys’ implementation of Prophix demonstrates how organizations with global operations and complex ownership structures can simplify consolidation processes and empower their finance teams with the right tools.
Key Outcomes:
Prophix enabled Fluxys to operate with confidence, precision, and agility—powering the energy infrastructure company’s evolving needs with a scalable and autonomous financial consolidation platform.