What users are saying about

15Five

6 Ratings

Prophix

Top Rated
116 Ratings

15Five

6 Ratings
Score 8.3 out of 101

Prophix

Top Rated
116 Ratings
Score 8.8 out of 101

Add comparison

Likelihood to Recommend

15Five

15Five is well suited for businesses/groups that are transparent, and willing to share information. If an organization was not a place where information is freely shared, it would not be helpful. Although, it could improve the level of transparency, as members of the organization could have space where they feel comfortable to share information. There are several different privacy settings within the each 15Five, so users can choose what they want to share. Also, it's best to make sure you/your organization has the time to use 15Five. It can be time-consuming for users, but also for those reviewing employees 15Five. It can be a lot of information to sift through. However, the layout of the software is easy to engage with and digest, which is helpful! Additionally, it's important to share with the team how 15Five works, and why it's being utilized. Depending on the questions that are set up within the software, it would seem a bit invasive to some. However, if a clear expectation is set prior to use 15Five, this may not be an issue.
Erin Holm profile photo

Prophix

Most of these comments deal with the limitations of OLAP (Prophix) databases as compared to SQL (Oracle/SAP) databases. OLAP does a great job in driving management to prioritize those metrics and data they need to run and measure their business. This education leads to a much better understanding of the data being provided. A transaction level database is better suited to detailed analysis, but management (in my experience) does a poor job at trying to manage individual transactions instead of understanding what the aggregated numbers are saying. Also, management can not plan at a highly detailed level because the business is moving too fast. That is where Prophix (OLAP) allows management to create a plan at the right level of detail which can be reported and managed.More well suited:
  • Multiple scenario reporting
  • Excel template generation
  • Finance ownership and management - takes some training but well worth the flexibility
  • Finance, Sales, Operations
Less well suited:
  • Highly detailed reporting outside of Detailed Planning Manager
  • Direct Excel - SSAS data retrieval
  • HR employee management
  • Transaction level detail analysis
Andreas Loeffler profile photo

Feature Rating Comparison

Performance and Goals

15Five
10.0
Prophix
Corporate goal setting
15Five
10.0
Prophix
Subordinate goal setting
15Five
10.0
Prophix
Individual goal setting
15Five
10.0
Prophix
Line-of sight-visibility
15Five
10.0
Prophix
Performance tracking
15Five
10.0
Prophix

Performance Management

15Five
9.1
Prophix
Performance plans
15Five
10.0
Prophix
Review status tracking
15Five
10.0
Prophix
Rater nomination workflow
15Five
10.0
Prophix
Review reminders
15Five
10.0
Prophix
Workflow restrictions
15Five
7.0
Prophix
Multiple review frequency
15Five
7.0
Prophix
Reporting
15Five
10.0
Prophix

Budgeting, Planning, and Forecasting

15Five
Prophix
7.9
Long-term financial planning
15Five
Prophix
7.6
Financial budgeting
15Five
Prophix
8.4
Forecasting
15Five
Prophix
7.8
Scenario modeling
15Five
Prophix
7.4
Management reporting
15Five
Prophix
8.1

Consolidation and Close

15Five
Prophix
8.0
Financial data consolidation
15Five
Prophix
8.2
Journal entries and reports
15Five
Prophix
7.5
Multi-currency management
15Five
Prophix
8.1
Intercompany Eliminations
15Five
Prophix
8.3
Minority Ownership
15Five
Prophix
8.4
Local and consolidated reporting
15Five
Prophix
8.3
Detailed Audit Trails
15Five
Prophix
7.4

FInancial Reporting and Compliance

15Five
Prophix
7.8
Financial Statement Reporting
15Five
Prophix
8.4
Management Reporting
15Five
Prophix
8.2
Excel-based Reporting
15Five
Prophix
7.8
Automated board and financial reporting
15Five
Prophix
7.7
XBRL support for regulatory filing
15Five
Prophix
6.7

Analytics

15Five
Prophix
7.6
Personalized dashboards
15Five
Prophix
7.3
Color-coded scorecards
15Five
Prophix
7.3
KPIs
15Five
Prophix
7.6
Cost and profitability analysis
15Five
Prophix
7.5
Key Performance Indicator setting
15Five
Prophix
7.6
Benchmarking with external data
15Five
Prophix
8.0

Integration

15Five
Prophix
8.2
Flat file integration
15Five
Prophix
8.4
Excel data integration
15Five
Prophix
8.2
Direct links to 3rd-party data sources
15Five
Prophix
7.9

Pros

  • Flexibility to set your questions by company/team/individual.
  • It is a weekly reporting platform that also has the functionality to do end of year reviews. Having continuity makes the end of year process much more streamlined.
  • Allows individuals to set, report and record progress on weekly goals. These users can then go back later and review these goals and progress throughout the year.
No photo available
  • Regular automated reporting - Easy to set up and schedule the processes needed to load, combine, and calculate data for reports, and then distribute the reports according to flexible schedules
  • Easy to set up the data uploads from various sources, then automate the uploads - Prophix can read .txt, .csv, and Excel formats, set up mapping to correct or consolidate overly detailed (or wrong) source data. (Most systems do this; Prophix is just much easier than most others.)
  • Clean interface to manage data models - Again, all CPM systems do this, but the Model Manager in Prophix makes this easy. If it is easy, then it is more likely we will make real-time changes in the structures to keep up with the business changes, making our reporting more relevant and timely.
  • Generation of Excel based planning and reporting templates. Everyone still like to work in Excel, and this is just real easy in Prophix.
Andreas Loeffler profile photo

Cons

  • The interface to set up the question frequency is a bit confusing.
  • The 360-degree review functionality is relatively new so there are still some kinks to work out on this part of the product.
No photo available
  • Sample monthly financial reports could be very useful.
  • Advanced Excel formula functionality and enhanced hot keys in the solution's template studio tool could be useful.
  • I would love to see a sample KPI dashboard included in the solution.
Ben Wheeler profile photo

Likelihood to Renew

No score
No answers yet
No answers on this topic
Prophix10.0
Based on 16 answers
I believe we will continue services with Prophix because they always focus on improving the current system. They have great ideas and if you are fortunate enough to attend the user conferences, the workshops definitely help you to expand the use of Prophix. They have great ideas which can help improve the productivity within your organization.
Michael Pasquinelli profile photo

Usability

No score
No answers yet
No answers on this topic
Prophix8.4
Based on 13 answers
Easy to use and very flexible finance owned application. Great price too.
David Whiteman, CPA profile photo

Reliability and Availability

No score
No answers yet
No answers on this topic
Prophix8.5
Based on 6 answers
We rarely encounter application errors or outages
Rob Strothkamp profile photo

Performance

No score
No answers yet
No answers on this topic
Prophix7.7
Based on 6 answers
To date, we have not had any issues with Prophix performance
Rob Strothkamp profile photo

Support

No score
No answers yet
No answers on this topic
Prophix7.9
Based on 54 answers
I feel that the Prophix team takes my issue seriously. They do not charge per support ticket, and will even solve complex issues without additional professional service calls. When an issue is beyond the capability of the service technician, they will bring in a solutions architect to help solve the issue. When comparing the agility and timeliness of Prophix's support vs. the support I receive by my ERP, there isn't even a comparison - Prophix wins hands down.
Steve Anderson profile photo

Online Training

No score
No answers yet
No answers on this topic
Prophix7.3
Based on 2 answers
Online training not company specific
Rob Strothkamp profile photo

Implementation

No score
No answers yet
No answers on this topic
Prophix8.8
Based on 8 answers
Implementation was very succesful
Rob Strothkamp profile photo

Alternatives Considered

We did not review other products
No photo available
We did kick the tires on a few other solutions when we were looking for something "other than Excel". Prophix stood out from the crowd at that time - mainly because of the personal service to demonstrate that Prophix could do what we wanted it to do.
Paul Vickers profile photo

Scalability

No score
No answers yet
No answers on this topic
Prophix8.0
Based on 4 answers
We are a medium sized company, but the structure of Prophix would seemingly adapt to whatever sized organization you have. It also can be applied in any area of an enterprise that needs performance management, whether it involves financial data or not. The potential for application within the enterprise is really only limited by you imagination.
Kevin Warnick profile photo

Return on Investment

  • 15Five is one of my favorite tools. It has allowed us to keep track of the general morale of the business and to address small issues before they became large issues
  • It has also allowed us to streamline our review process, making everybody's life easier!
No photo available
  • Streamlined budgeting
  • Ability to report actuals and adjusted results simultaneously
David Shield profile photo

Pricing Details

15Five

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

15Five More Information

Prophix

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional
Additional Pricing Details

Prophix More Information