What users are saying about

Acumatica 5.0

10 Ratings

Prophix

Top Rated
116 Ratings

Acumatica 5.0

10 Ratings
Score 8.5 out of 101

Prophix

Top Rated
116 Ratings
Score 8.8 out of 101

Add comparison

Likelihood to Recommend

Acumatica 5.0

As I have only used it in one business I can't say too much how relevant it would be for other types of business, eg Retail or Manufacturing. It doesn't appear to be specifically set up for ecommerce.

We wholesale products and it works well for that kind of business model.
Justin Leflaive profile photo

Prophix

I would highly recommend the software just based on experience utilizing the tool, staff, and knowledge transfer. The admin is in control of the software with little involvement from IT. What sold us on using this product was there demonstration by Thomas Karthaus (Regional Account Manager) and Igor Krougovoi (Solutions Engineer) - they documented what are issues where - primarily load times of taking several hours to consolidate data and being in an outdated software no longer supported in Cognos Finance. Igor created a quick model with our data and ran through his steps of how he built it, what it could do, and how the Prophix solution solved our main problem in seconds rather than hours. The key thing is ask/show what your existing problems are and let Prophix show how they can handle/solve the issue.
Brandon Russell profile photo

Feature Rating Comparison

Customization

Acumatica 5.0
7.0
Prophix
API for custom integration
Acumatica 5.0
7.0
Prophix

Security

Acumatica 5.0
7.0
Prophix
Role-based user permissions
Acumatica 5.0
7.0
Prophix

Reporting & Analytics

Acumatica 5.0
6.7
Prophix
Dashboards
Acumatica 5.0
4.0
Prophix
Standard reports
Acumatica 5.0
7.0
Prophix
Custom reports
Acumatica 5.0
9.0
Prophix

General Ledger and Configurable Accounting

Acumatica 5.0
8.3
Prophix
Accounts payable
Acumatica 5.0
10.0
Prophix
Accounts receivable
Acumatica 5.0
8.0
Prophix
Global Financial Support
Acumatica 5.0
5.0
Prophix
Intercompany Accounting
Acumatica 5.0
9.0
Prophix
Journals and Reconciliations
Acumatica 5.0
10.0
Prophix
Standardized Processes
Acumatica 5.0
8.0
Prophix

Inventory Management

Acumatica 5.0
8.5
Prophix
Inventory tracking
Acumatica 5.0
9.0
Prophix
Location management
Acumatica 5.0
8.0
Prophix

Order Management

Acumatica 5.0
9.3
Prophix
Pricing
Acumatica 5.0
10.0
Prophix
Order entry
Acumatica 5.0
9.0
Prophix
Cost of goods sold
Acumatica 5.0
8.0
Prophix
End-to-end order visibility
Acumatica 5.0
10.0
Prophix

Subledger and Financial Process

Acumatica 5.0
6.8
Prophix
Automated Invoice Processing
Acumatica 5.0
7.0
Prophix
Customer Collections
Acumatica 5.0
7.0
Prophix
Cash Management
Acumatica 5.0
7.0
Prophix
Period Close
Acumatica 5.0
6.0
Prophix

Budgeting, Planning, and Forecasting

Acumatica 5.0
Prophix
7.9
Long-term financial planning
Acumatica 5.0
Prophix
7.6
Financial budgeting
Acumatica 5.0
Prophix
8.4
Forecasting
Acumatica 5.0
Prophix
7.8
Scenario modeling
Acumatica 5.0
Prophix
7.4
Management reporting
Acumatica 5.0
Prophix
8.1

Consolidation and Close

Acumatica 5.0
Prophix
8.0
Financial data consolidation
Acumatica 5.0
Prophix
8.2
Journal entries and reports
Acumatica 5.0
Prophix
7.5
Multi-currency management
Acumatica 5.0
Prophix
8.1
Intercompany Eliminations
Acumatica 5.0
Prophix
8.3
Minority Ownership
Acumatica 5.0
Prophix
8.4
Local and consolidated reporting
Acumatica 5.0
Prophix
8.3
Detailed Audit Trails
Acumatica 5.0
Prophix
7.4

FInancial Reporting and Compliance

Acumatica 5.0
Prophix
7.8
Financial Statement Reporting
Acumatica 5.0
Prophix
8.4
Management Reporting
Acumatica 5.0
Prophix
8.2
Excel-based Reporting
Acumatica 5.0
Prophix
7.8
Automated board and financial reporting
Acumatica 5.0
Prophix
7.7
XBRL support for regulatory filing
Acumatica 5.0
Prophix
6.7

Analytics

Acumatica 5.0
Prophix
7.6
Personalized dashboards
Acumatica 5.0
Prophix
7.3
Color-coded scorecards
Acumatica 5.0
Prophix
7.3
KPIs
Acumatica 5.0
Prophix
7.6
Cost and profitability analysis
Acumatica 5.0
Prophix
7.5
Key Performance Indicator setting
Acumatica 5.0
Prophix
7.6
Benchmarking with external data
Acumatica 5.0
Prophix
8.0

Integration

Acumatica 5.0
Prophix
8.2
Flat file integration
Acumatica 5.0
Prophix
8.4
Excel data integration
Acumatica 5.0
Prophix
8.2
Direct links to 3rd-party data sources
Acumatica 5.0
Prophix
7.9

Pros

  • Generic Inquiries are a very easy way to create custom reports.
  • The automation schedules are useful, we use these for confirming of shipments, creating invoices and emailing them. Reduces workload.
  • Open for integration with other software. We find the ease of connection to MS PowerBI very useful.
Justin Leflaive profile photo
  • Consulting Team. We purchased Prophix this past summer. We have spent several hours over the last 90 days building out load processes, testing/validating data, and designing reporting to complete everything before our go live date. Our Prophix consultant, Tina Yeung, has been amazing in helping us. The knowledge transfer, timing of responses in getting back to us, and commitment have been critical to the success of this.
  • Developers. We have a complex process in how we consolidate data from our ERP systems - sequel queries, flat files through text documents and Excel files, and ELIMS. We export data in a monthly and YTD value format. Because of the complexities, we could not find a software package other than Cognos Finance that would be able to support the different requirements we needed to consolidate data until we came across Prophix. This was an ideal solution not only because of cost but the features of the software that the developers (specifically, Collin Issac) were able to do in the customization (coding logic) used to keep everything dynamic. We often times have an acquisition that is on a different ERP system and we were able to create ways to setup account mappings, reports, load processes that would normally takes days to setup to just a couple hours.
  • Features. The software is very slick. There are different ways to drill into reports through Ad-Hoc Analysis, building professional format reports in Template studio, and generating reports in Report Binder to be emailed out to end users in a quick format. The Ad-Hoc tool is very appealing because of the graph function (also available in Template Studio), it allows you to create a quick visual of revenue, EBITDA, etc. and send to a non-financial end user quickly. The features in the system are visible and easy to use if your using the system properly. In the prior software we used, we didn't have that upgraded feature as Prophix where we could only send out report after report with numbers buried in them.
  • Home Screen. This allows you to show users announcements, create shortcuts to reports that you can run immediately, and create workflow task reminders for the end user to be aware of. The shortcut for reports really stands out because if your validating data, you don't want to keep going through 'Document Explorer' if you have several reports setup within your company that is layered by different departments - GL, Finance, AP, AR, etc. you can just simply click a button and run the report.
Brandon Russell profile photo

Cons

  • The CRM module is very basic.
  • There is no supplier remittance function.
  • The API is basic, our ecommerce integration has had to be built nearly from scratch.
Justin Leflaive profile photo
  • 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

Acumatica 5.09.0
Based on 1 answer
It is very customisable and good value for money. It is also scalable for the future. The CRM and ecommerce integtration are the main downsides.
Justin Leflaive profile photo
Prophix10.0
Based on 16 answers
  • Ease of use
  • Dimension hierarchy flexibility
  • Responsive and personalized customer support
  • Ad Hoc ability
Carl Evans 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
Prophix continues to improve upon the performance of its product with reports and processes running more efficiently with all new releases.
Joel P. Goldstein 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

NetSuite is much more expensive and is difficult to customise or integrate.
SAP is a more complex and powerful system, but several times more expensive to implement and run.
Justin Leflaive profile photo
Prophix stacks up well against the competition. We selected Prophix since they were able to provide a great presentation. Also, they managed the project well and they have strong consultants who helped implement the solution quickly. They also, continue to evolve by upgrading features based upon customer feedback. They have strong customer support and always try to help deliver a solution for any problems we report. I also like the fact they offer training for some features such as dashboard reporting. I received training from one of their consultants and I am now able to develop additional dashboard reports for my organization.
Michael Pasquinelli 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

  • Time to match customer payments has decreased by approximately 30%.
  • Time to enter sales orders has decreased by approx 10%.
  • It has enabled up to easily access our system remotely, meaning we are able to be more flexible in our work.
Justin Leflaive profile photo
  • Biggest impact thus far has been streamlined reporting at month end. Old process took 1-2 days for report generation once books were closed, now able to generate reports in less than 2 hours.
  • Easy ability to generate weekly reports for workforce activity (Overtime and Temp hours) to allow for close real time management.
  • Significantly easier ability to generate reports across fiscal years and across budget/actual data sets.
Eron Lange, CMA, CPA, CFM profile photo

Pricing Details

Acumatica 5.0

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

Acumatica 5.0 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