1. Carlile Bancshares – Prophix story
Operating since: 2009
Head office: Fort Worth, Texas
Annual revenue: Unknown
Number of employees: Unknown
G/L or ERP: Fiserv, Sage
Company website:
Company background:
Formed in 2009 by longtime Texas bankers, Carlile Bancshares, Inc. was established to invest in community banks throughout the Southwest including Texas, New Mexico, Oklahoma and Colorado. Founders Tom C. Nichols and Don E. Cosby have a legacy of banking experience with over 30 years buying and operating financial institutions. While their history includes purchasing and operating distressed banks, as well as direct acquisitions from the FDIC, they have maintained a focus on community banks throughout the years. Carlile Bancshares has significant committed capital to provide the resources to acquire community banks and achieve the company’s goals over a multi-year time period.
Business problems that lead to evaluating CPM, adopting Prophix:
Financial Consolidation– Carlile currently has 6 subsidiaries, on various G/L systems, and has plans to acquire more banks (entities) in the future. With the company growing rapidly through acquisitions, it becomes more difficult and challenging to consolidate financial data from different data sources and perform intercompany eliminations via Excel.

2. Carlile Bancshares – Prophix story
Their Prophix solution:
Scope: financial consolidation cube, consolidated reporting templates.
Consolidated financial reporting (central repository of data was critical for the client - they needed to know that their data had “one truth”).
Use of manual elimination entries via data entry and Infoflex to automate and streamline the financial consolidation and reporting processes.
Importing data from Fiserv via Business Analytics (generally, Fiserv doesn’t allow you to connect via an ODBC, but you can schedule a flat file data extract using BA). This is important to note because a lot of financial institutions use this G/L system.

3. Supporting data: Life cycle Industry (choose all that apply)
☐ New implementation
Implementation date: ________________
☐ Preexisting customer
Original implementation date: ________________
☐ Existing customer, upgrading YES, in Q1 2014
Original implementation date: Q4 2013
Industry (choose all that apply)
☐ Agriculture, forestry, and fishing
☐ Professional services
☐ Financial services YES (banking)
☐ Retail
☐ Wholesale and distribution
☐ Telecommunications
☐ Healthcare
☐ Utilities
☐ Education
☐ Architecture, engineering, and construction
☐ Life science
☐ Transportation and logistics
☐ Manufacturing
☐ High tech
☐ Media and entertainment
☐ Government
☐ Non-profit

4. Supporting data: Solutions built Capabilities used
☐ Budgeting Planned for phase 2
☐ Automation YES
☐ Forecasting Planned for phase 2
☐ Prophix Mobile
☐ Reporting YES
☐ Data integration YES
☐ Strategic planning
☐ Business modeling Planned for phase 2
☐ Financial consolidation YES
☐ Microsoft platform integration YES
☐ Analysis YES
☐ Role-based security YES
☐ Profitability analysis
☐ Collaboration YES
☐ Personnel planning
☐ Flexible deployment
☐ Project planning
☐ Ad hoc reporting and visualization YES
☐ Revenue planning
☐ Capital expenditures planning
☐ Reporting and analytics
(dashboards and scorecards)