What users are saying about

Prophix

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Top Rated
119 Ratings
2 Ratings
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Score 10 out of 101

Prophix

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Top Rated
119 Ratings
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Score 8.9 out of 101

Add comparison

Likelihood to Recommend

Agiloft Custom Workflow/BPM

Agiloft is perfect for managing requisitions, linking those requisitions to their appropriate contracts (and getting the contracts directly executed via DocuSign or Adobe), notifications on upcoming renewals, spend tracking, trend analysis, contractor access management and ticket automation, audits, and much more. The tool flexible enough to integrate with other platforms but users need to be made aware of the requirements/limitations of the integrations.
Carly Cockman 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

Budgeting, Planning, and Forecasting

Agiloft Custom Workflow/BPM
Prophix
7.9
Long-term financial planning
Agiloft Custom Workflow/BPM
Prophix
7.8
Financial budgeting
Agiloft Custom Workflow/BPM
Prophix
8.5
Forecasting
Agiloft Custom Workflow/BPM
Prophix
7.9
Scenario modeling
Agiloft Custom Workflow/BPM
Prophix
7.4
Management reporting
Agiloft Custom Workflow/BPM
Prophix
8.1

Consolidation and Close

Agiloft Custom Workflow/BPM
Prophix
8.1
Financial data consolidation
Agiloft Custom Workflow/BPM
Prophix
8.3
Journal entries and reports
Agiloft Custom Workflow/BPM
Prophix
7.6
Multi-currency management
Agiloft Custom Workflow/BPM
Prophix
8.4
Intercompany Eliminations
Agiloft Custom Workflow/BPM
Prophix
8.3
Minority Ownership
Agiloft Custom Workflow/BPM
Prophix
8.4
Local and consolidated reporting
Agiloft Custom Workflow/BPM
Prophix
8.4
Detailed Audit Trails
Agiloft Custom Workflow/BPM
Prophix
7.2

FInancial Reporting and Compliance

Agiloft Custom Workflow/BPM
Prophix
7.8
Financial Statement Reporting
Agiloft Custom Workflow/BPM
Prophix
8.4
Management Reporting
Agiloft Custom Workflow/BPM
Prophix
8.2
Excel-based Reporting
Agiloft Custom Workflow/BPM
Prophix
7.9
Automated board and financial reporting
Agiloft Custom Workflow/BPM
Prophix
7.7
XBRL support for regulatory filing
Agiloft Custom Workflow/BPM
Prophix
6.7

Analytics

Agiloft Custom Workflow/BPM
Prophix
7.7
Personalized dashboards
Agiloft Custom Workflow/BPM
Prophix
7.3
Color-coded scorecards
Agiloft Custom Workflow/BPM
Prophix
7.4
KPIs
Agiloft Custom Workflow/BPM
Prophix
7.7
Cost and profitability analysis
Agiloft Custom Workflow/BPM
Prophix
7.8
Key Performance Indicator setting
Agiloft Custom Workflow/BPM
Prophix
7.8
Benchmarking with external data
Agiloft Custom Workflow/BPM
Prophix
8.2

Integration

Agiloft Custom Workflow/BPM
Prophix
8.2
Flat file integration
Agiloft Custom Workflow/BPM
Prophix
8.4
Excel data integration
Agiloft Custom Workflow/BPM
Prophix
8.2
Direct links to 3rd-party data sources
Agiloft Custom Workflow/BPM
Prophix
8.0

Pros

  • Ease of use for both end users and administrators
  • Limitless workflow development to automate processes
  • Flexibility to integrate with other software platforms
Carly Cockman profile photo
  • Consolidating Budgets - We have 50 departments and each of those departments can have multiple budgets for different clients or different locations and Prophix manages and consolidates all of those budgets perfectly.
  • Variance Analysis - Prophix works like a Rubik's cube, allowing you to slice and dice data, change rows to columns, add and delete data elements, with a couple clicks. We can quickly get to the drivers behind the variances using the Ad Hoc Analysis application within Prophix.
  • Monthly Reporting - With a single click, we send the monthly report binder which includes financial statements, narratives, headcount, scorecard, etc. We send the report binder to all executives and directors and Prophix security only allows the report users to see data for which they have access to.
Shawn Reed profile photo

Cons

  • We have a history of quick but unhelpful responses from customer support. Fortunately, we are able to work with our implementation specialist when support tickets require escalation. There is a clear eagerness to assist, but the communication from support lacks depth. You have to be extremely specific with your desired resolution.
Carly Cockman profile photo
  • A library of canned reports would be helpful and save time creating from scratch.
  • Generic scorecards and KPI indicator formats would be helpful and save time creating from scratch.
  • The Delta Analysis function looks very useful, but I have not seen much focus on this function either via webinars or at the user conferences.
Shawn Reed profile photo

Likelihood to Renew

No score
No answers yet
No answers on this topic
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
The software is very easy for our users to use (users can access reports easily). For advanced users, the software shares some of the same characteristics as Excel, so the concepts are familiar.
Steve Anderson 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
Prophix8.0
Based on 58 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

No answers on this topic
I brought Prophix to Spacesaver from my former employer, where I was part of the selection team, and led implementation. There were two main factors in our decision:
  • Prophix was significantly cheaper than TM1 in all ways, the cost for each user license, cost of implementation, and overall software costs
  • Prophix doesn't rely on an IT department to program reports within the system. That is a significant benefit to keep control in accounting, and to reduce the burden on other departments.
Prophix sits on top of any ERP system, so if you are considering upgrading your ERP, you can port any reporting over to the new system
Steve Anderson 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

  • Agiloft has streamlined the requisitioning process and eliminated manual effort and repetitive low-value tasks.
  • We now have a single source of truth for our SOC audits.
Carly Cockman profile photo
  • We were 9 months live with a new ERP and were struggling to get timely and effective reports out of the ERP when I was hired, I had Prophix installed within a month, and we were able to run a full budget through the software within 1-2 months.
  • We are able to create customized reporting that can be distributed with one mouse click. That significantly reduces the time it takes to distribute our financial statements.
  • We use Prophix for our detailed sales budgeting, where we need to budget by market, by product and by customer all on a monthly level. Prophix aids in the aggregation of that data, and allows for quick reporting as the budget is entered.
  • Prophix has an affordable price tag for implementation, and the annual maintenance is very affordable. Once we bought the software, we get all upgrades for free, and if we need service help, we are not charged per call.
Steve Anderson profile photo

Pricing Details

Agiloft Custom Workflow/BPM

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

Agiloft Custom Workflow/BPM 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