TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Prophix

    Score8.2 out of 10
    Enterprise companies (1,001+ employees)
    Prophix One, a Financial Performance Platform, is used to improve the speed and accuracy of decision-making within a harmonized user experience. To reduce complexity and uncertainty, the software offers automated insights and planning, budgeting, forecasting, reporting, and consolidation functionalities.N/A
    Pricing
    Prophix
    Editions & Modules
    No answers on this topic
    Offerings
    Pricing Offerings
    Prophix
    Free Trial
    Yes
    Free/Freemium Version
    No
    Premium Consulting/Integration Services
    Yes
    Entry-level Setup FeeOptional
    Additional Details—
    More Pricing Information
    Community Pulse
    Prophix
    Considered Both Products
    Prophix Software
    Chose Prophix
    I've just recently evaluated FloQast and was very intrigued with their product. Overall review is they don't have a budget/forecasting tool. This is a main piece of our business and doesn't hold up against Prophix.
    Incentivized
    Chose Prophix
    I have used other budgeting and forecasting tools at different companies, and Prophix is a much easier product to use and implement. I have received better user feedback from Prophix compared to other tools I have used at other companies. Other tools lacked dashboard …
    Incentivized
    Chose Prophix
    We elected to give Prophix the initial chance given the cheaper price point and since we were already using this tool for consolidation purposes.
    Incentivized
    Chose Prophix
    Prophix was chosen because it appeared nimble and easy to use. In contrast, it was more affordable than the other solutions we looked at.
    Incentivized
    Chose Prophix
    Prophix was the clear choice when evaluating multiple software applications. The concept of dimensions in Prophix allows the organization to generate reports of any kind and there is no request for a report that we have not been able to create. Having direct budget entry into …
    Incentivized
    Chose Prophix
    I was not in the selection process; however, after using Adaptive at a former company, I feel Prophix is much easier from the user standpoint (especially for those who don't work in finance). The one pro of a tool like Adaptive, though, is that it is a Workday product so that …
    Incentivized
    Chose Prophix
    We ultimately chose Prophix for its stronger automation features and direct relationship with CMiC. While Vena offers a similar set of capabilities, we found Prophix to be more intuitive, especially when it comes to creating and managing reports without heavy reliance on Excel. …
    Incentivized
    Chose Prophix
    We carried out an evaluation with IBM, and some other national software that is not on the list, such as Lever Pro and Allstrategy. For IBM, our main problem was that the software representative wanted to sell something modular, thus losing all the functionality of a "blank …
    Incentivized
    Chose Prophix
    We felt Prophix was much more flexible than Briq and offered a more solid financial reporting and budgeting package. Briq is more custom built solution-focused. They build solutions to fit your specific needs. The primary reason we went with Prophix is that we wanted something …
    Incentivized
    Chose Prophix
    Prophix is much more advanced and has more capabilities to Quickbooks. It is more flexible, agile, and creative than these softwares. The automation is really what sets it apart from these type of software. Integrating directly with our ERP is something that is enormously …
    Incentivized
    Chose Prophix
    I didn't select Prophix for our company, but it does some things very well. It is way easier to set up and maintain than Hyperion and BPC, which require ongoing support from our IT department. Prophix only requires us to involve IT when we need to map new external data or …
    Incentivized
    Chose Prophix
    We chose Prophix because of their better service, their Canadian presence, cost and overall it seemed a better match to our needs. Workday seemed like it was for bigger companies and came at a higher cost.
    Incentivized
    Chose Prophix
    I was not apart of the Prophix selection process or the initial implementation. Prophix has been a good tool for us to expand upon and grow and innovate with all of our enhancements. I have not used any other tools like Prophix, but it does have a lot of good features and …
    Incentivized
    Chose Prophix
    I was not specifically part of the selection process, but it is my understanding that Prophix's security model played a big part in choosing the platform. Gaining efficiencies from processes that were previously done manually in excel was another driving factor. Additionally, a …
    Incentivized
    Chose Prophix
    Very simple end-user experience, easy to implement, ability to link to and from Microsoft D365.
    Incentivized
    Chose Prophix
    Prophix customer service has been exceptional whenever we needed them.
    Incentivized
    Chose Prophix
    The learning curve to understanding Prophix is far less severe than it has been with other softwares. It requires much less time in order to learn how to be a beginning user and then each progression to deeper levels of understanding is remarkably easy. I appreciate the …
    Incentivized
    Chose Prophix
    Prophix is 10 steps ahead of Spectrum. They are very different though. Spectrum is our ERP - while Prophix is a very useful and needed add on.
    Incentivized
    Chose Prophix
    Price, functionality, and service were major factoring for us when deciding on which platform to use.
    Incentivized
    Chose Prophix
    Workday seems as though it had similar features, price point was much higher. We selected Prophix because we had it many years ago before the cloud and several new features.
    Incentivized
    Chose Prophix
    We compared Prophix with Board and Adaptive Planning. Prophix seemed to be much more user friendly when compared to Board. It was just a more robust product.
    It did stack very well with Workday Adaptive Planning, but what set them apart was that Prophix has a great …
    Incentivized
    Chose Prophix
    D365 lacked basic functionality to develop a budget. In its current form would have had to resort to going back to excel to build the budget.
    Incentivized
    Chose Prophix
    Prophix works for our business and is flexible enough to work for a number of different types of business. We are able to work with Prophix to develop cubes that record out business needs and supply our budget holders with graphical data to support their reporting needs. The …
    Incentivized
    Chose Prophix
    While all had similar features at the time of our evaluation, especially from the reporting standpoint. Prophix worked best for our zero-based budgeting model and the level of detail that we were looking to maintain. We also felt it was a better fit for our Dynamics GP …
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    Features
    Prophix
    BI Standard Reporting
    Comparison of BI Standard Reporting features of Prophix
    Feature
    Prophix
    5.7
    16 Ratings
    Pixel Perfect reports5.03 Ratings
    Customizable dashboards5.415 Ratings
    Report Formatting Templates6.615 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Prophix
    Feature
    Prophix
    8.5
    104 Ratings
    Drill-down analysis9.1103 Ratings
    Formatting capabilities7.6101 Ratings
    Report sharing and collaboration9.098 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Prophix
    Feature
    Prophix
    8.3
    96 Ratings
    Publish to PDF8.791 Ratings
    Report Versioning7.571 Ratings
    Report Delivery Scheduling8.883 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of Prophix
    Feature
    Prophix
    4.1
    39 Ratings
    Predictive Analytics4.139 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of Prophix
    Feature
    Prophix
    8.9
    99 Ratings
    Multi-User Support (named login)9.096 Ratings
    Role-Based Security Model9.096 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)9.099 Ratings
    Report-Level Access Control8.440 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Prophix
    Feature
    Prophix
    7.5
    52 Ratings
    Responsive Design for Web Access7.552 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Prophix
    Feature
    Prophix
    8.6
    202 Ratings
    Long-term financial planning9.0167 Ratings
    Financial budgeting9.1197 Ratings
    Forecasting8.1189 Ratings
    Scenario modeling7.8153 Ratings
    Management reporting8.9192 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Prophix
    Feature
    Prophix
    7.8
    163 Ratings
    Financial data consolidation8.8133 Ratings
    Journal entries and reports9.181 Ratings
    Multi-currency management6.866 Ratings
    Intercompany Eliminations6.678 Ratings
    Minority Ownership6.732 Ratings
    Local and consolidated reporting8.7116 Ratings
    Detailed Audit Trails7.696 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Prophix
    Feature
    Prophix
    7.9
    193 Ratings
    Financial Statement Reporting9.1175 Ratings
    Management Reporting8.8187 Ratings
    Excel-based Reporting8.0171 Ratings
    Automated board and financial reporting8.5149 Ratings
    XBRL support for regulatory filing5.28 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Prophix
    Feature
    Prophix
    6.1
    169 Ratings
    Personalized dashboards7.6156 Ratings
    Color-coded scorecards5.3114 Ratings
    KPIs5.9124 Ratings
    Cost and profitability analysis5.8124 Ratings
    Key Performance Indicator setting6.099 Ratings
    Benchmarking with external data5.967 Ratings
    Integration
    Comparison of Integration features of Prophix
    Feature
    Prophix
    8.5
    189 Ratings
    Flat file integration9.0152 Ratings
    Excel data integration8.7166 Ratings
    Direct links to 3rd-party data sources7.8144 Ratings
    User Ratings
    Prophix
    Likelihood to Recommend
    8.0
    (220 ratings)
    Likelihood to Renew
    10.0
    (16 ratings)
    Usability
    8.1
    (44 ratings)
    Availability
    10.0
    (29 ratings)
    Performance
    9.9
    (28 ratings)
    Support Rating
    8.2
    (121 ratings)
    In-Person Training
    10.0
    (11 ratings)
    Online Training
    10.0
    (13 ratings)
    Implementation Rating
    9.0
    (19 ratings)
    Configurability
    9.0
    (11 ratings)
    Ease of integration
    8.6
    (29 ratings)
    Product Scalability
    10.0
    (26 ratings)
    Vendor post-sale
    8.5
    (23 ratings)
    Vendor pre-sale
    7.5
    (21 ratings)