What users are saying about
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Top Rated
220 Ratings
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Top Rated
158 Ratings

Adaptive Insights, a Workday company

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Top Rated
220 Ratings
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Score 8.6 out of 101

Prophix

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Top Rated
158 Ratings
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Score 9.4 out of 101

Likelihood to Recommend

Adaptive Insights, a Workday company

It is very helpful for budgeting and reporting. I love how easy it is to automate reports and presentations. It can be more difficult to plan specific activities. It feels more high-level than activity-level. It shows totals rather than individual transactions (either past or future transactions).
Mark McConkie profile photo

Prophix

Prophix gives you a great ability to use your current financial data and forecast future revenues and expenses. This, by itself, is a great selling point alone. The additional level of data analysis ability pushes it over the edge. If the data is in your ERP and you want to know something about it, Prophix gives you a way to get that answer.
Andrew Commons profile photo

Feature Rating Comparison

BI Standard Reporting

Adaptive Insights, a Workday company
9.3
Prophix
Pixel Perfect reports
Adaptive Insights, a Workday company
9.0
Prophix
Customizable dashboards
Adaptive Insights, a Workday company
10.0
Prophix
Report Formatting Templates
Adaptive Insights, a Workday company
9.0
Prophix

Ad-hoc Reporting

Adaptive Insights, a Workday company
8.0
Prophix
Drill-down analysis
Adaptive Insights, a Workday company
9.0
Prophix
Formatting capabilities
Adaptive Insights, a Workday company
7.0
Prophix
Integration with R or other statistical packages
Adaptive Insights, a Workday company
8.0
Prophix
Report sharing and collaboration
Adaptive Insights, a Workday company
8.0
Prophix

Report Output and Scheduling

Adaptive Insights, a Workday company
8.0
Prophix
Publish to PDF
Adaptive Insights, a Workday company
8.0
Prophix
Report Versioning
Adaptive Insights, a Workday company
8.0
Prophix
Report Delivery Scheduling
Adaptive Insights, a Workday company
8.0
Prophix

Data Discovery and Visualization

Adaptive Insights, a Workday company
7.7
Prophix
Pre-built visualization formats (heatmaps, scatter plots etc.)
Adaptive Insights, a Workday company
7.0
Prophix
Location Analytics / Geographic Visualization
Adaptive Insights, a Workday company
8.0
Prophix
Predictive Analytics
Adaptive Insights, a Workday company
8.0
Prophix

Access Control and Security

Adaptive Insights, a Workday company
9.0
Prophix
Multi-User Support (named login)
Adaptive Insights, a Workday company
9.0
Prophix
Role-Based Security Model
Adaptive Insights, a Workday company
9.0
Prophix
Multiple Access Permission Levels (Create, Read, Delete)
Adaptive Insights, a Workday company
9.0
Prophix

Mobile Capabilities

Adaptive Insights, a Workday company
8.5
Prophix
Responsive Design for Web Access
Adaptive Insights, a Workday company
8.0
Prophix
Dedicated iOS Application
Adaptive Insights, a Workday company
8.0
Prophix
Dedicated Android Application
Adaptive Insights, a Workday company
8.0
Prophix
Dashboard / Report / Visualization Interactivity on Mobile
Adaptive Insights, a Workday company
10.0
Prophix

Budgeting, Planning, and Forecasting

Adaptive Insights, a Workday company
8.2
Prophix
9.5
Long-term financial planning
Adaptive Insights, a Workday company
8.4
Prophix
9.7
Financial budgeting
Adaptive Insights, a Workday company
8.7
Prophix
9.6
Forecasting
Adaptive Insights, a Workday company
8.9
Prophix
9.2
Scenario modeling
Adaptive Insights, a Workday company
6.9
Prophix
9.2
Management reporting
Adaptive Insights, a Workday company
8.3
Prophix
9.5

Consolidation and Close

Adaptive Insights, a Workday company
7.5
Prophix
7.6
Financial data consolidation
Adaptive Insights, a Workday company
8.0
Prophix
8.2
Journal entries and reports
Adaptive Insights, a Workday company
5.9
Prophix
7.4
Multi-currency management
Adaptive Insights, a Workday company
7.2
Prophix
7.9
Intercompany Eliminations
Adaptive Insights, a Workday company
7.6
Prophix
7.5
Minority Ownership
Adaptive Insights, a Workday company
7.2
Prophix
6.9
Local and consolidated reporting
Adaptive Insights, a Workday company
8.1
Prophix
8.4
Detailed Audit Trails
Adaptive Insights, a Workday company
8.5
Prophix
6.8

FInancial Reporting and Compliance

Adaptive Insights, a Workday company
7.7
Prophix
8.4
Financial Statement Reporting
Adaptive Insights, a Workday company
8.8
Prophix
9.3
Management Reporting
Adaptive Insights, a Workday company
8.4
Prophix
9.2
Excel-based Reporting
Adaptive Insights, a Workday company
7.1
Prophix
8.4
Automated board and financial reporting
Adaptive Insights, a Workday company
7.6
Prophix
8.2
XBRL support for regulatory filing
Adaptive Insights, a Workday company
6.5
Prophix
6.7

Analytics

Adaptive Insights, a Workday company
7.2
Prophix
8.1
Personalized dashboards
Adaptive Insights, a Workday company
7.5
Prophix
9.2
Color-coded scorecards
Adaptive Insights, a Workday company
6.4
Prophix
7.5
KPIs
Adaptive Insights, a Workday company
7.3
Prophix
7.9
Cost and profitability analysis
Adaptive Insights, a Workday company
8.2
Prophix
8.1
Key Performance Indicator setting
Adaptive Insights, a Workday company
8.0
Prophix
8.0
Benchmarking with external data
Adaptive Insights, a Workday company
5.9
Prophix
8.0

Integration

Adaptive Insights, a Workday company
8.1
Prophix
9.0
Flat file integration
Adaptive Insights, a Workday company
7.9
Prophix
9.2
Excel data integration
Adaptive Insights, a Workday company
8.2
Prophix
8.3
Direct links to 3rd-party data sources
Adaptive Insights, a Workday company
8.2
Prophix
9.5

Pros

Adaptive Insights, a Workday company

  • I love how easy it is to track software and general amortizations in Adaptive. The software has been an issue with my past employers, but it flows very easily here in Adaptive.
  • We also use Adaptive's OfficeConnect for easy reporting. It has helped us automate our reporting as we work with internal departments. We have the reports built, and the software and can refresh all of them simultaneously, reducing generation time and giving us more time for analysis.
  • We are building out more operational metrics now. We are starting to track sales opportunities across different business segments to see the correlation between spending activities and opportunity generation. This helps us set better targets in the future. This paired with OfficeConnect also makes it very easy to track and report on operational metrics in addition to financial metrics.
Mark McConkie profile photo

Prophix

  • Prophix provides us a place to drive specific data out of our ERP into a format where it can be analyzed in many different ways (across time, across departments, across accounts, etc.).
  • Prophix gives us multiple ways to analyze the data that we have chosen. Along with data entry points for items in our goals or budgets, there are also ways to use formulas of different types to project future costs or revenues based upon assumptions that you program into the system. The "What If" can be built and then switched on or off to see the changes.
  • Prophix doesn't limit the types or volume of data you want to analyze. If you have multiple years of data, it doesn't slow down because you have to keep using the same formulas over and over to churn out results. The formulas are separate from the data which allows the results to flow much faster than spreadsheets.
Andrew Commons profile photo

Cons

Adaptive Insights, a Workday company

  • When trying to learn about a new feature or a feature I have not used previously it is sometimes difficult to find that information on the help section.
  • Adaptive can be deployed through consultants when they do not have specialized knowledge like higher education. This sometimes makes it difficult to determine who to contact when experiencing issues with the model after implementation.
  • You are limited to one master chart of accounts. When you have multiple businesses this can cause some difficulties that can be overcome, but takes additional thought and planning and can cause issues when making changes.
Brian Kyslinger profile photo

Prophix

  • Licensing structure is prohibitive to a wider rollout of the product in our organization. Licenses are dedicated to specific users rather than concurrent # of users like our other software systems are. If they were concurrent, we would have all of our managers and supervisors in every department on it.
  • The licensing structure dictates which users can access certain functionalities. The overall structure can only be edited by an administrator license, so there is no handing off of structure changes to others, it has to be an administrator.
  • You can make custom listings of things like top 10 customers overall, or top 20 products in descending order, but it requires writing the formula in the account structure in MDX language, which as an Accountant, I don't have a clue about. If that could be simplified so i could do it myself, i would use those functions more.
Trevor Booth profile photo

Likelihood to Renew

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.8
Based on 33 answers
Intuitive and Easy to MaintainThe Adaptive Suite is a very reliable Corporate Performance Management Solution. The solution is very easy to.use and provides timely, quality reporting. We have used the solution continuously for six years and been very pleased with the ongoing enhancements. Beyond our own positive experience we support many clients across commerce, industry and government. Nearly all our supported customers provide very positive feedback and continue to renew their subscriptions.
Greg Clarke profile photo

Prophix

Prophix 10.0
Based on 16 answers
  • Ease of use
  • Dimension hierarchy flexibility
  • Responsive and personalized customer support
  • Ad Hoc ability
Carl Evans profile photo

Usability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 7.3
Based on 77 answers
Menus are easy to navigate, sheets are straightforward and flexible and you can work on your budget/forecasts without being at the office. The cloud based system makes it easy for users to complete their processes offsite and without needing there work provided computer. Creating new reports using both the web based Adaptive tool and OfficeConnect is quite simple with very minimal training.
Gary Grzesiak profile photo

Prophix

Prophix 8.1
Based on 19 answers
Functionality is intuitive, with some training. The User Empowerment Webinars resolve training gaps in a cost effective way. Prophix Support does not mind filling some of those gaps when application defects turn into training gaps. Adhoc Analysis is a powerful source of business data and Dimension structure.
Carl Evans profile photo

Reliability and Availability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 9 answers
We can access Adaptive anytime 24/7 from any computer or laptop pc or Mac. They are committed to keep this product up to date and relevant
Harry Vasels profile photo

Prophix

Prophix 8.8
Based on 11 answers
We have never had an issue with prophix availability
Joel DeGroat profile photo

Performance

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 4 answers
Product performs well when making and saving changes and navigating between pages within the application
Andrew Rosenberg profile photo

Prophix

Prophix 7.3
Based on 11 answers
No speed issues on our internal network or the mobile app.
Joel DeGroat profile photo

Support

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 7.6
Based on 12 answers
Support questions are always answered quickly.
Andrew Rosenberg profile photo

Prophix

Prophix 8.5
Based on 85 answers
Product is very flexible and allows the business user to be the owner of the system. We started with 3 cubes and have grown to 8 cubes. The implementation time for the 1st 3 cubes was 6 weeks using Prophix consulting group. With the knowledge gained on the 1st 3 cubes, we have created the additional cubes without IT or Prophix consultants
Don Comston profile photo

In-Person Training

Adaptive Insights, a Workday company

No score
No answers yet
No answers on this topic

Prophix

Prophix 8.2
Based on 2 answers
Very knowledgeable techs
Joel DeGroat profile photo

Online Training

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.2
Based on 6 answers
Training receives the highest rating due to the availability of Webex training from an expert at Adaptive, with several sessions tailored to specific features including personnel, capital, formulas, reporting, etc
Andrew Rosenberg profile photo

Prophix

Prophix 8.3
Based on 3 answers
Very knowledgeable techs
Joel DeGroat profile photo

Implementation

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 8.5
Based on 14 answers


Implementation was very easy and fast. The ability to
customize Levels and Dimensions to match our Organization’s structure and
accounting practices is great. Our organization is continually changing and
adaptive has the ability to be changed without issue.

Rose Sipin profile photo

Prophix

Prophix 8.2
Based on 10 answers
Prophix Consulting should bring, in house, chargeable expertise in Oracle EBS table access for Drill Across and provide reasonable limits on dimension member combinations so there are no unreasonable expectations about the application of multi dimensional cubes to detail, such as revenue by product and customer.
Carl Evans profile photo

Alternatives Considered

Adaptive Insights, a Workday company

We previously only used Excel for budgeting and reporting. We now use Adaptive for all budgeting and use an add-on product called Office Connect to build reports that automate our data each month. We find the Office Connect reporting a little more user-friendly than the in-house reporting feature.
Amy Kee, CPA profile photo

Prophix

Prophix modeling is more flexible and customer support is more responsive. End users are empowered with ease of functionality that is lacking in the bigger brands. Design is more attentive to user feedback.
Carl Evans profile photo

Scalability

Adaptive Insights, a Workday company

Adaptive Insights, a Workday company 9.1
Based on 7 answers
Adaptive is the leader and is very progressive with the product improvements that they provide.
Gary Sabulski profile photo

Prophix

Prophix 7.6
Based on 8 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

Adaptive Insights, a Workday company

  • Month-end reporting: It's hard to say how much time Adaptive Insights has provided, but I can say we no longer have formula errors in Excel reports and refreshing financial statements every month only takes a couple of clicks.
  • Budgeting/forecasting: We have saved a tremendous amount of time in our budgeting cycle. After importing a budget in Adaptive Insights and setting up the model with formulas, we are able to copy the most recent budget version into the next budget version and review. Being able to budget in Adaptive Insights also removes the possibility of formula and linking errors that come with Excel.
Denise Lewis profile photo

Prophix

  • Positive: Prophix has enabled real-time budget accountability. Budget overages have decreased by an average of 8%.
Bryan Blount profile photo

Pricing Details

Adaptive Insights, a Workday company

General

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

* per seat, per installation

Prophix

General

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

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