Skanska USA was using over 250 Excel files to conduct their overhead planning processes. This made it difficult to oversee version control and prevent formula errors. With Prophix, Skanska USA was able to adopt a scalable solution for their business, allowing them to improve financial analysis.
The result is improved financial analysis, allowing Skanska USA to monitor historical trends, ratios and efficiencies, and balance sheet information. Skanska USA is now able to determine which regions and projects are performing well and which carry high or low overhead costs.